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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...
retaildive | January 14, 2020
Given the countless options available at shoppers' fingertips, the chances of getting a firm answer is anyone's guess. For starters, 48% of today's shoppers said they were open to buying from new retailers during the holiday season. But retailers are not the only ones facing this challenge. Now, only one in ten smartphone users are sure of a specific brand they plan to buy when they start to look for information online.² This means every customer is up for grabs, all the time.&n...
retaildive | January 22, 2020
Express on Wednesday said it would shutter about 100 stores by 2022, including nine already closed last year, 31 by the end of this month and 35 by the end of January 2021. The company as of November 2019 operated more than 600 stores, according to a document filed with the Securities and Exchange Commission. Express will also aim for savings through negotiations as store leases come up for renewal, according to CFO Perry Pericleous, speaking at a presentation to investors. The closures are part...
pymnts | February 10, 2020
This is easy. Hire a data scientist. Or reassign the ones you have. Give said scientist(s) a budget to lease a Tensor Flo server with Google and start parsing transaction data. Use data to build an algorithm. Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Not so fast. At one level it’s just that easy. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a ...
Ascent360 | June 25, 2021
Ascent360 has announced an app store connection with Lightspeed that would bring point-of-sale and e-commerce data to life. Because of the combined strength of these technologies, merchants will be able to absorb vital consumer data, segment customers, and deliver customized omnichannel messages that will help engage and keep customers.
Each Lightspeed POS or e-commerce transaction generates valuable data that is not properly used and lacks meaningful insights for marketing effort...
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