Tonal has raised $130 million in new funding, led by major investors.
This partnership highlights the power of collaboration between a corporate giant like VMO2 and a startup disruptor like Aura Vision. By combining our expertise, we've enabled VMO2 to stay competitive and thrive in the rapidly changing retail landscape.
RetailTech 50 celebrates businesses of all sizes creating original tech solutions for physical retail and eCommerce companies.
Aldi has been making waves in the retail industry for years, proving that low prices don't have to come at the cost of quality. With over 10,000 stores worldwide, the German company has become a force to be reckoned with, surpassing competitors such as Walmart and Kroger in terms of growth rate..
Computer vision embarked on big data in many groundbreaking ways. However, it reached its popularity when Google Street View had introduced in 2007. The retail industry has been one of the first industries to make use of this incredible technology. Today, numerous applications of computer vision enhance business processes and provide better service to customers in the retail industry.
If you are currently considering a more scalable traffic solution, then here are three features to look for:
In-Store Optimization (ISO) is transforming the way that retailers look at their physical stores. Many of the processes that were once deemed unscalable can now be rolled out across entire estates.
Measuring demand offers insights into when, where and how many people are visiting your stores. Analyzing the demand for the store also sheds light on how effective your marketing and promotion campaigns are at attracting shoppers in-store.
How customers navigate through your stores has a huge impact on store performance. The concept of the customer journey allows you to visualize the friction points in ‘Customer Experience’ and optimize accordingly.
Sales data provides insights into what customers are buying, but this only represents what is happening after the decision to purchase has been made. Retailers can also benefit from understanding the events leading up to the decision to purchase and this is done by looking at how customers engage with products, spaces, and staff.
The Facebook and Cambridge Analytica incident is just one example in a string of events in recent years that underlines the difficulties of managing information and data privacy in the digital environment.
In this blog post, we will be looking at some of the long-term effects to anticipate once the stores re-open. With normal life coming to a rapid stop, is important to remember that this pandemic will come to an end and normal life will return. When it does, it is very likely that the following aspects of retail will change.