Retail industry can lead the way in skilling, hiring PwDs

July 4, 2018

The NITI Aayog has projected that India has the potential to be a $10-trillion economy by 2030 from $2.5 trillion now, but there is one sure shot way to achieve this, perhaps even before target: bring the six to 10 crore population, who are People with Disabilities, (PwDs) into the mainstream.

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Retail Insights

Retail Insights is an boutique company that shelves point solutions; aims to engage, resolve and support day to day challenges of our customers. With a strong domain expertise in Retail as a backbone and handpicked technology leaders, we make a wonderful team driving next generation retail solutions. (www.theretailinsights.com)

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Retailers Spend 58% Of Their IT Budget On Legacy System Maintenance

Infographic | December 5, 2019

Retailers want to use technology to move forward, but they are often held back by previous investments: the average merchant spends 58% of their IT budget to maintain legacy systems, even as they work to compete with e-Commerce giants, improve their omnichannel capabilities and increase personalization. Security concerns also play a big role: 69% of companies are reluctant to innovate if they can't overcome cybersecurity issues.

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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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Returns Totaled $369 Billion In 2018, But Many Can Be Prevented

Infographic | December 5, 2019

Returns hit the bottom line in multiple ways: the value of returned merchandise was $369 billion in 2018, and it takes, on average, more than seven people to handle processing a return. Additionally, 80% of first-time customers who return their order will never buy from that retailer again.

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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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People Management Tools Benefitting the Wholesale Industry

Infographic | December 4, 2019

The wholesale industry is an extremely complex field that requires multifaceted HR and payroll functions, unlike those any other industry has to contend with. From complex scheduling and overtime scenarios to management of multiple locations across state and legal entities, on top of managing employee training and transportation logistics. It’s a lot to keep up with, and using multiple solutions can get confusing and time-consuming.

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When To Prepare and Launch Retail Holiday Marketing, Plus Other Strategies

Infographic | January 6, 2020

With the 2019 holiday season barely in hindsight, you might be thinking it’s too early to begin putting together your 2020 seasonal retail marketing calendar. But, there’s no such thing as being too prepared for the holidays especially when, according to our 2019 holiday survey, more than 95% of retailers say their store is either “somewhat prepared” or “very prepared” for the retail holiday season.

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Spotlight

Retail Insights

Retail Insights is an boutique company that shelves point solutions; aims to engage, resolve and support day to day challenges of our customers. With a strong domain expertise in Retail as a backbone and handpicked technology leaders, we make a wonderful team driving next generation retail solutions. (www.theretailinsights.com)

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