This article is originally from RIS News. Macy’s outperformed sales expectations across all three brands in its first quarter — Macy’s, Bloomingdale’s and Bluemercury — and revealed how the retailer has been benefiting from its investments in data and analytics.
What Walgreens’ Nationwide Same-Day, 2-Hour Delivery Means for Retail
This article is originally from RIS News. As Walgreens introduces nationwide delivery in under two hours, retail experts weigh in on the last-mile delivery wars. The delivery wars are heating up again and Walgreens has entered the ring with nationwide, contactless, same-day delivery in under two hours.
Beyond Amazon: Why Retailers Must Adopt Cross-Platform E-commerce Strategies
This article is from RIS News. Nearly every brand has faced enormous disruption to the ways they reach consumers during the past year. Online platforms and the sales they enable have grown in importance, beyond even the most vivid imaginations. This shift brings both hurdles and new opportunities for those who are prepared to try…
Top 3 2021 Customer Experience Shifts in E-Commerce
This article is from RIS News. Lauren Kindzierski is VP of CX marketing at HGS. Last year was one of the most prominent years in history, and now retailers are asking themselves what comes next. The use of technology in retail is continuing to boom as businesses desperately search for new ways to connect with…
Retailers are under unprecedented pressure to plan and execute inventory across the business in a rapidly changing environment. Forecasting consumer demand is a key step in anticipating inventory need in the business. Building an accurate consumer demand forecast is not easy however, especially when historical data has little similarity to demand impacted by COVID lockdowns.
Statistical methods used in Forecasting White Paper
For successful inventory planning in retail it is crucial to conduct the forecasting accurately. That way you can make sound and educated decisions in the business. One possible obstacle in the way can be low data quality. Read on to find out how you can overcome that obstacle and achieve a highly accurate forecast:
For Retailers, Cybersecurity and Digital Transformation Must Go Hand in Hand
This article is from RIS News. Courtney Radke, National Retail CISO, Fortinet The evolving nature of technology and changing consumer expectations is a constant — something retailers quite simply must embrace or avoid falling behind.