Artificial Intelligence (AI) is impacting the ways in which many industries do business, and retail is no exception. AI has the potential to revolutionize the retail industry by increasing profits, improving marketing and advertising ROI, increasing sustainability, improving customer service and experience, streamlining inventory management and aiding in loss prevention. It’s predicted that AI servicesRead more
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Retailers: Are Your Customers Shopping Around? There can be few industries where the need to understand, respond to, and even anticipate consumer behavior is more important than retail. And consumer behavior is changing in unprecedented ways, during the global pandemic. In a new paper I have written for Mythos Group I consider the importance ofRead more
Post-COVID-19, The Need For Supply Chain Resiliency In Retail The COVID-19 pandemic has reinforced many things that we already know to be true, but perhaps previously underplayed, including the fact that any business is only as robust as its supply chain. This is certainly true of retail, which relies on multiple partners in different partsRead more
It’s Now Or Never For The Digital Transformation Of Retail The retail sector has been particularly hard hit by the COVID-19 pandemic, with many famous brands closing their doors for good. But the truth is, retail was undergoing a long and sometimes painful transformation long before the pandemic hit. The paper I have written forRead more
Must Retailers Restructure To Survive? While almost every industry has been adversely affected by the COVID-19 pandemic, there are few where the impact has been more obvious than retail. Famous retail brands have gone under, as they were forced to shutter their stores, accelerating a trend that was already in train long before the pandemic;Read more
Keeping Retail Staff And Customers Safe In The COVID-19 Era COVID-19 has caused substantial economic chaos, mandating significant changes to many industry sectors, and retail in particular. From iconic department stores to entertainment giants, COVID-19 has seemingly spared no one in its devastation. Mythos Group has been re-imagining what retail might look like, post-pandemic, andRead more