A smarter store how iot can transform your retail business

June 19, 2017

42% more of shoppers’ time is spent in brick-and-mortar stores vs. shopping online.1 73% of shoppers want to try or touch merchandise before purchasing.1 Consumers spend almost 7X MORE money per month in physical stores than in online store.

Spotlight

Retail Excellence

Established in 1995, Retail Excellence is owned by the members, for the members. We are a not for profits organisation designed to support our members in key areas. Retail Excellence involves over 1,800 member companies employing over 110,000 people.

Other Infographics
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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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shipping solutions for ecommerce

Infographic | January 21, 2020

Our shipping solutions seamlessly integrate with all of the major eCommerce shopping carts and platforms enabling you to easily manage and ship your online orders. Whether you’re looking for a small business shipping solution or you are a large eCommerce retailer.

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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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Building The Better Entrepreneur

Infographic | January 1, 2020

BUILDING THE BETTER Entrepreneur COUNTRY This information is based off the research project Global Engineering and Entrepreneurship done by Duke University. 549 company founders were surveyed from the United States.

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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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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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Spotlight

Retail Excellence

Established in 1995, Retail Excellence is owned by the members, for the members. We are a not for profits organisation designed to support our members in key areas. Retail Excellence involves over 1,800 member companies employing over 110,000 people.

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