@SowreLab: The Future of Retail

The Future of Retail 2015. PSFK Report

The Future of Retail 2015. PSFK Report

Nov 17, 2014

In the fifth volume of the Future of Retail report the PSFK Labs team explores the dynamic social, technological, and physical forces influencing consumer behavior and driving next-generation shopping experiences. With a refocus on the importance of the physical store, the analysis below includes 10 in-store actions supported by 13 key trends that retailers can...

How do retail shoppers feel about surveillance?

How do retail shoppers feel about surveillance?

Jul 31, 2013

The headlines are replete with stories about “showrooming” and the migration of shoppers from bricks and mortar to the web. Traditional store-based retailers have seen traffic decline, so they are increasingly concerned about creating a store experience that will convert a sale. The paradox is that e-commerce tracks your “cookies” and knows every page you visit. Stores have historically struggled to track if you came in the door. That’s all changing!

Wired: Putting a Dollar Value on BigData Insights

Wired: Putting a Dollar Value on BigData Insights

Jul 25, 2013

Putting a Dollar Value on Big Data Insights Image: BBVAtech/Flickr The Big Data phenomenon produces some mind-boggling statistics, such as the fact that the volume of global data produced doubles every two years. At the University of California at Berkeley, researchers found that, currently, five quintillion bytes of data are produced every two days, which...

For retail, ‘Big Data’ means big benefits- interviewing Pursway’s Ran Shaul

For retail, ‘Big Data’ means big benefits- interviewing Pursway’s Ran Shaul

Jun 26, 2013

In a recent Q&A with Ran Shaul — co-founder of Pursway, a company that specializes in data analytics for retail — we asked about the benefits of Big Data, and whether the recent NSA controversy could cause a backlash from those consumers who deem the process a breach of privacy.

2013 Retail Industry Outlook Survey (KPMG): Tech innovation leads to brighter future

2013 Retail Industry Outlook Survey (KPMG): Tech innovation leads to brighter future

Jun 20, 2013

Retail Execs Cite Social Media, Analytics As Essential Tools New York — Social media, mobile and online shopping, and mobile and online promotions and coupons are the top tech trends making “a significant impact” on retail, industry executives said. According to a survey of 101 senior retail executives by audit, tax and advisory firm KPMG, 71 percent of...