Retail and the big data revolution

March 15, 2019

Overall, looking at these statistics what I find interesting is that most retailers are gathering data and know the importance of data, however a much smaller proportion are using the data effectively to increase sales. Also, there seems to be a disconnection between the company’s ability to analyze data and the need of big data analytics by the marketing department.

Spotlight

Ross Stores, Inc.

Over the past 30+ years, Ross Stores, Inc. has grown from a six-store chain into an $12.9 billion, Fortune 500 Company. We operate our off price businesses in a way that keeps costs low so we can pass the savings to our customers. We continue to open new stores and our sales growth has outpaced traditional retailers for the past three years.

Other Infographics
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Innovations in Offline Retail

Infographic | December 30, 2019

There is no escaping the fact that offline retail has changed over the last number of years. The predominant reason for this is advancement in technology but specifically with the emergence of the Internet and associated devices which allow consumers to literally shop from the comfort of their couch.

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Brexit stockpiling UK Grocery assortment ahead

Infographic | December 26, 2019

We dive into the category expansions the UK's top grocery retailers are responding with. Find out where and by how much are your FMCG competitors maneuvering their online assortments leading up to Brexit in this infographic.All data insights are powered by Intelligence Node's flagship competitive benchmarking solution powered by Deep learning AI and fed by the world’s largest retail database. To get access to the full Brexit report on FMCG, OTC medication, and three more categories, get in touch.

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The power and the money

Infographic | January 8, 2020

Modern retail is being influenced as much by younger, tech-savvy ‘millennials’, who increasingly shop online and on their mobiles, as by older baby-boomers (over 60s) who wield greater spending power and still prefer to shop in stores. Both groups are equally important to retailers in a world where consumers increasingly shop on their own terms. Oracle Retail's 2016 consumer research study 'The Power And The Money' took a closer look a how these different age groups are approaching shopping in the digital age.

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Restaurant POS Systems The Latest and Future Trends

Infographic | August 18, 2022

As per a survey, the sales of restaurant POS solutions in the U.S. surpassed US$3.5 billion in 2021, and it isanticipated to reach US$4.7 billion by the 2028-end

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Infographic on Point of Sale (POS) Terminals Market 2021 – 2027 by Global Market Insights Inc.

Infographic | June 8, 2022

A point of sale, or point of purchase, is where you ring up customers. When customers check out online, walk up to your checkout counter, or pick out an item from your stand or booth, they're at the point of sale. Your point-of-sale system is the hardware and software that enable your business to make those sales.

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Customer Checkout Process Infographic

Infographic | December 6, 2019

Streamlined user experience is a critical element to any successful online retail website. When shopping online, consumers are looking to find the products they are looking for as easily as possible, and seek ways to reduce time and effort spent in the buying process. An efficient checkout process is one way to enhance the user experience and increase customer satisfaction. Learn about the steps of the customer checkout process and ways to automate the shipping process in our infographic below!

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Spotlight

Ross Stores, Inc.

Over the past 30+ years, Ross Stores, Inc. has grown from a six-store chain into an $12.9 billion, Fortune 500 Company. We operate our off price businesses in a way that keeps costs low so we can pass the savings to our customers. We continue to open new stores and our sales growth has outpaced traditional retailers for the past three years.

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