Apparel's survey of apparel retailers, brands and manufacturers reveals expectations for technology focus in the coming year, including an emphasis on BI and analytics for gleaning an even deeper understanding of the consumer.
This year previous areas of investment should see big return, with social commerce, in-store technologies, and artificial intelligence becoming more widely adopted and fully integrated into the everyday shopping experience.
Cycling while belting out karaoke. Feeling the burn while bouncing around in spring-based low-impact boots. From pole dancing like a pro to flying through the air with the greatest of ease, workouts at Crunch Fitness range from the average to the ambitious to the exotically imaginative.
In 2014 returns accounted for $642.6 billion that retailers are losing worldwide, according to research from IHL Group and OrderDynamics. And the most frustrating part? About $453.4 billion of those returns can simply be solved with proper technology in place.
As retailers prepare to focus on sales during the holiday season, merchants, major credit card issuers and others in the retail industry are failing to keep up with critical security processes and security controls needed to protect shoppers.