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Thematic Analysis
Frictionless Commerce – Thematic Intelligence
Frictionless Commerce Thematic Report Overview At present, consumers demand instant gratification, and frictionless commerce aims to provide it. Frictionless commerce was pioneered by Amazon. It uses technology to identify the shopper, recognize their chosen objects, and bill them after they leave the store. The Frictionless Commerce thematic intelligence report provides an overview of the current landscape, as well as key players making a mark within it. The report provides an industry-specific analysis based on GlobalData databases and surveys, along with...
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Company Insights
The Home Depot Inc. – Digital Transformation Strategies
Home Depot Digital Transformation Strategies Overview Home Depot Inc (Home Depot) is leveraging several emerging technologies as a part of its digital transformation strategies. The annual ICT spending of Home Depot was estimated at $3.9 billion in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and ICT services from vendors. Home Depot is a retailer of home improvement products. It offers various products, including building materials, home improvement supplies, hardware, electrical products, kitchen...
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Company Insights
Burberry Group Plc – Digital Transformation Strategies
Burberry Digital Transformation Strategies Overview Burberry Group plc (Burberry) is utilizing several emerging technologies such as artificial intelligence, big data, social media, and cloud, among others to improve operational efficiency and customer service, fight counterfeit products, and drive sales. The annual ICT spending of Burberry was estimated at $79.5 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Burberry manufactures, retails, wholesales, and markets luxury goods. The company provides...
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Company Insights
Nordstrom, Inc. – Digital Transformation Strategies
Nordstrom Digital Transformation Strategies Overview Nordstrom, Inc. (Nordstrom) has been focusing on using artificial intelligence, big data, and augmented reality to digitally transform its operations. The annual ICT spending of Nordstrom was estimated at $383.1 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Nordstrom is a specialty fashion retail company operating through multiple retail channels. The company offers a wide selection of branded and private-label merchandise, including shoes,...
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Company Insights
Macy’s Inc – Digital Transformation Strategies
Macy’s Digital Transformation Strategies Overview Macy's Inc. (Macy's) has been focusing on using big data, cloud, and Internet of Things (IoT) to digitally transform its operations. The annual ICT spending of Macy’s was estimated at $624.3 million for 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Macy’s is an omnichannel retail company that operates department stores. The company offers apparel for men, women, and kids, home furnishing, cosmetics, fragrances, shoes,...
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Company Insights
Carrefour S.A – Digital Transformation Strategies
Carrefour Digital Transformation Strategies Overview Carrefour has been focusing on using e-commerce, artificial intelligence, cloud, and blockchain technologies to digitally transform its operations. The annual ICT spending of Carrefour was estimated at $1.9 billion for 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Carrefour is a global consumer goods retailer that operates multi-format and omni-channel retail platforms. The company owns and operates a wide network of hypermarkets, supermarkets, convenience stores,...
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Company Insights
Under Armour, Inc. – Digital Transformation Strategies
Under Armour Digital Transformation Strategies Overview Under Armour, Inc. (Under Armour) is leveraging several emerging technologies, including AI, cloud, augmented reality, 3D printing, and metaverse among others to improve business operations, enhance customer service and develop better products. The annual ICT spending of Under Armour was estimated at $70.1 million for 2023. A major share of this spending is earmarked for acquiring software, ICT services and network and communications from vendors. Under Armour develops, markets, and distributes branded performance footwear,...
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Company Insights
WBA – Digital Transformation Strategies
WBA Digital Transformation Strategies Report Overview WBA has been focusing on data-led innovation as a part of its digital transformation strategies. The annual ICT spending of WBA was estimated at $3.3 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. WBA is a retail and wholesale company, focused on health and wellbeing products, it offers pharmacy products including prescription and non-prescription drugs, beauty and toiletries products, and allied services...
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Analyst Opinions
Cognitive Revolution – Generative Artificial Intelligence (AI) Meets Retail
Generative Artificial Intelligence (AI) in Retail Report Overview Generative AI models can help optimize sourcing and manufacturing, enhance distribution efficiency, personalize the point-of-sale experience, and customize consumer interactions for heightened satisfaction and loyalty. It can optimize sourcing by predicting the best materials for product manufacturing and improving packaging designs, leading to cost reductions and enhanced sustainability. GenAI can also transform distribution, aiding in accurate demand forecasting, route optimization, and efficient inventory management, thus reducing overall logistics costs. The Generative Artificial...
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Thematic Analysis
Impact of Generative Artificial Intelligence (AI) in Retail and Apparel – Thematic Intelligence
Access and explore in-depth trends and insights in our ‘Impact of Generative Artificial Intelligence (AI) in Retail and Apparel’ report: Gain access to a detailed overview of the Generative Artificial Intelligence (AI) theme along with the use cases for AI in the retail sector. The report breaks down the possible impact of generative AI on the retail and apparel sectors. The report further highlights risks, limitations, and considerations of the market in focus.  How is the 'Impact of Generative Artificial...