The brick-and-mortar retailer is facing large sales declines due to a slow roll out of their e-commerce efforts.
Nike is responding to the COVID-19 by leveraging its digital resources to connect athletes with customers, strengthening its digital ecosystem and boosting online sales.
Wayfair – From Covid-19 loser to winner?
Food waste is a major problem across the globe. Grocery retailers incur significant costs from this wastage, particularly in the produce category. Walmart is taking this problem head-on with analytics using ‘Eden’: a machine learning algorithm that screens produce for quality and freshness. This post explores Walmart's attempts to improve their food waste process with Eden.
Data analytics is at the backbone of Stitch Fix’s business model – a personalised online shopper for men and women. The company has experienced tremendous growth over the last few years.
Nike has increased its focus on direct-to-customers strategy and cancelled its contract with Amazon to be able to collect its customer data. Through a series of acquisitions of data analytics and AI-based startups, it plans to use this data to understand customer journey, improve demand predictions at a hyper-local scale and enhance customer experience globally.
AiFi uses AI, machine learning, computer vision and sensor flow to bring a check-out free experience to any retail store concept.
Traditional retailers have been significantly impacted by the increasing penetration of e-commerce. Macy’s has focused on developing its data analytics capabilities to survive the fourth industrial revolution.
Craigslist, the largest classified advertisement platform in the world, has enjoyed over two decades of largely free offerings connecting &quot;providers&quot; and &quot;seekers&quot; of services and products. Craigslist has long resisted innovation and change to stay true to its simple and free offering, yet as new entrants build competitive value propositions, such mindset and strategy will not only hamper its growth but threaten its very existence.
StockX is an e-commerce platform on the rise due to it’s unique stock market approach to resale. Strong network effects, superior platform design, and “sticky” features have and will continue to help StockX grow in the future.