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Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. But the present and future of AI in retail is much richer.

Retail 203
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Efficiency now: 8 smart strategy tips

Independent Banker

As we enter budgeting season, the answers might be found in a mix of strategies. Consider your branch strategy. Connors notes that in Fitchburg, 40 miles west of Boston, he’s competing against Fidelity Investments and MFS on the financial services side, as well as a thriving high-tech corridor. By Elizabeth Judd. Connors, Jr.,

Strategy 135
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Why Consumers Are Firing Traditional Retailers

PYMNTS

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 172
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Why Health And Beauty Retailers Are Driving Digital Innovation

PYMNTS

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. The move, however, was publicized in the fall.

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Amazon Tracker: Strategies And Partnerships Deliver

PYMNTS

Finally, not every retailer can be Amazon, but they can all learn something from the eCommerce giant – here’s what. Now, in addition to buying Amazon’s Echo and Fire tablet lines at Kohl’s stores, shoppers will be able to make Amazon returns at certain Kohl’s retail locations in the U.S. Three Cheers For New Alcohol Delivery Strategy.

Strategy 102
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Ouai Prepares For Ulta Beauty Store Rollout; Reliance Industries Launches Retail Service

PYMNTS

Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan. The retailer wrote in a tweet , “We’re starting off the decade with a big announcement: “@theouai by Jen Atkin is launching at Ulta Beauty!”

Retail 131
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The Buyers: Omnichannel Customer’s Impact On Retailers

PYMNTS

No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift. Through this omnichannel experience, retailers have more ways to connect with consumers.

Retail 137