It was a Perfect Storm: 2017 rocked the retail industry with unrelenting waves of new market pressures. Amid digital transformation, retail companies had to navigate store closures at a rate more than triple that of 2016, a running tally of retail bankruptcies and an over-reliance in discounting to lure customers – just to survive. Even […]
Geeky has never been so glamorous. To help shoppers find fashions that fit their bodies, budgets and styles, more retailers are turning to artificial intelligence (AI). As one of today’s hottest technology trends, AI translates vast volumes of retail big data into rich, actionable insights, so executives can make smart decisions faster.