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Exclusive: How Daniel’s Jewelers is Using Vision AI to Better Serve its Customers

Retail TouchPoints

One prime example: the retailer’s partnership with RetailNext to use in-store traffic analytics for shaping everything from staffing strategies to improving store performance and even loss prevention. Now, in between in-person visits, district managers can easily check the RetailNext feed to ensure that everything is running smoothly.

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Retail industry’s annual tech investment gap could top £22bn, creating an innovation vacuum that risks sector health and business survival, warns the Retail Think Tank

365 Retail

Annually, retail faces a potential sector-wide tech investment gap of up to £22billion, warns the KPMG/RetailNext Retail Think Tank (RTT), an independent board of retail experts. Data from RetailNext showed that in Q3 footfall, a key indicator of High Street health, remained resilient, up +0.7% year-on-year.

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Improving Retail Store Operations [INFOGRAPHIC]

Retail Next

In it, they provide a high-level fly over of why efficiencies are important, the causes of inefficiencies, and six tips on how to improve your store operations. Join the #retail, #SmartStore and #ConnectedJourney conversations on Twitter @RetailNext , as well as at www.facebook.com/retailnext.

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Store Wars: Hats Off to Penney’s – Yes, JCPenney

Retail Next

And of course, there has been a tremendous amount of speculation on why JCPenney is in the precarious position of today – Ron Johnson, market forces, Amazon, etc. RetailNext is in the business of delivering data that helps retailers measure and optimize their physical stores and innovation projects are a core pillar of our success.

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If you are thinking about putting a team member at the front of your store to measure occupancy, please don’t.

Retail Next

Besides budgetary concerns, another reason why retailers are reluctant to move to these types of technologies for their stores is believing they can repurpose other technology or use a proxy to accurately count traffic. “I This is why stores have installed plexiglass protectors at their registers and masks are currently mandatory.

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Top Tech Trends Shaping Retail in 2020

Retail Next

This is why retailers and brands are turning to the latest technology to improve the fit of their products. Join the #retail, #SmartStore & #ConnectedJourney conversations on Twitter @RetailNext , as well as at www.facebook.com/retailnext. Especially when it comes to shoes, sizes can be highly inconsistent across brands.

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8 Types of Difficult Shoppers & How to Handle Them

Retail Next

Explain clearly why something must be done in a certain way and give them examples. Join the #retail, #SmartStore & #ConnectedJourney conversations on Twitter @RetailNext , as well as at www.facebook.com/retailnext. Speak slowly and softly, especially if you’re dealing with an aggressive or critical shopper.