NRF

Blue Yonder Releases Q4 2023 Company Highlights and Q1 2024 Industry Insights

Retrieved on: 
Friday, February 2, 2024

Blue Yonder Holding, Inc. (Blue Yonder) , a leader in digital supply chain transformation, today released its Q4 2023 and FY23 company highlights, as well as the industry trends that matter most in these early days of 2024.

Key Points: 
  • Blue Yonder Holding, Inc. (Blue Yonder) , a leader in digital supply chain transformation, today released its Q4 2023 and FY23 company highlights, as well as the industry trends that matter most in these early days of 2024.
  • Leaning into interoperability allows Blue Yonder to provide its customers with increased productivity, reduced waste, and more resilient supply chains​.
  • Blue Yonder Orchestrator: Blue Yonder launched Blue Yonder Orchestrator , a generative AI capability that allows companies to fuel more intelligent decision-making and faster supply chain orchestration.
  • Integrated within the Blue Yonder Luminate® Cognitive Platform , Blue Yonder Orchestrator will be available to customers using Blue Yonder’s cognitive planning solutions .

MJV Innovation Releases NRF 2024 Insights Report

Retrieved on: 
Thursday, February 1, 2024

ATLANTA, Feb. 1, 2024 /PRNewswire/ -- MJV Innovation , a leading global consultancy on digital transformation, customer experience, and design thinking, has released its NRF Insights report sharing key discussions and takeaways from the NRF's annual conference.

Key Points: 
  • ATLANTA, Feb. 1, 2024 /PRNewswire/ -- MJV Innovation , a leading global consultancy on digital transformation, customer experience, and design thinking, has released its NRF Insights report sharing key discussions and takeaways from the NRF's annual conference.
  • The report covers the most important topics on the 2024 NRF agenda including a situational analysis of global forces shaping the business landscape, AI, phygital as the future of brick-and-mortar, personalization at scale, the 2024 retail forecast and more.
  • As NRF convened the leaders of the world's largest retail companies to discuss the challenges and opportunities facing the industry in 2024, MJV participated as a sponsor of the event.
  • Download the report for free at: https://trendsreport.mjvinnovation.com/en-us/nrf-trends-report-2024/
    On the heels of the release of the report, MJV has introduced an initiative to bring live in-house presentations about the top insights from NRF to companies.

TROLLEE™ Ushers in a New Era for Retail at NRF 2024 Innovation Lab

Retrieved on: 
Monday, January 29, 2024

Amidst an impressive lineup of cutting-edge technologies, TROLLEE demonstrated the transformative potential of artificial intelligence within the retail landscape.

Key Points: 
  • Amidst an impressive lineup of cutting-edge technologies, TROLLEE demonstrated the transformative potential of artificial intelligence within the retail landscape.
  • The NRF Innovation Lab, renowned for presenting emerging technologies, operates as a compass guiding the future of the retail industry.
  • Embracing a forward-looking vision at NRF 2024, TROLLEE offered a glimpse into its ongoing development of a groundbreaking Generative AI application.
  • Leaving an indelible mark on the NRF 2024 Innovation Lab, TROLLEE continues to spearhead the charge in shaping the future of smart and efficient retail.

MJV Innovation To Host Atlanta Retail Industry Event With NRF Insights

Retrieved on: 
Monday, January 22, 2024

ATLANTA, Jan. 22, 2024 /PRNewswire/ -- MJV Innovation , a leading global consultancy serving Fortune 500 companies in digital transformation, customer experience, and design thinking, will host a retail industry gathering in Atlanta to share the top insights it compiles from the annual National Retail Federation's Big Show.

Key Points: 
  • ATLANTA, Jan. 22, 2024 /PRNewswire/ -- MJV Innovation , a leading global consultancy serving Fortune 500 companies in digital transformation, customer experience, and design thinking, will host a retail industry gathering in Atlanta to share the top insights it compiles from the annual National Retail Federation's Big Show.
  • Named MJV Rethink Retail, the event will take place on January 30, 2024 at 8:30am at the Buckhead Club and convene retail executives from major companies.
  • During the event, MJV's team will deliver a presentation of the top insights garnered while attending NRF's annual flagship conference in New York earlier in the month.
  • A panel presenting leaders' insights from the world's largest retail and CPG companies with topics such as AI and customer experience as well as top trends for 2024.

Kroger CIO Discusses Digital Innovation Trends for Grocery Retail in 2024

Retrieved on: 
Friday, January 19, 2024

CINCINNATI, Jan. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared Chief Information Officer (CIO) and Senior Vice President (SVP) Yael Cosset joined Sucharita Kodali, Vice President at Forrester Research, this week at the National Retail Federation's (NRF) Big Show for a conversation on Kroger's digital journey and how that transformation impacts customers and associates.

Key Points: 
  • "We continue to invest in our digital transformation journey by enhancing our customer and associate experiences, recognizing that both are equally impactful to gaining loyalty and earning our customer's next trip," said Yael Cosset, Kroger CIO and SVP.
  • Cosset explained Kroger has invested significantly in customer facing digital innovations to provide greater value and savings.
  • Cosset also shared insight on the retailer's approach to artificial intelligence and how GenAI can help the retail grocery industry.
  • "I believe gen AI is already impacting and will continue to impact the grocery industry broadly and in a transformational way.

Diebold Nixdorf Sets Out to Combat Shrink in Retail with New AI-powered Offering

Retrieved on: 
Thursday, January 18, 2024

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Diebold Nixdorf (NYSE:DBD), the provider of retail solutions powering transactions and experiences for more than 150 retailers around the world, today began the rollout of its new AI-based checkout solutions, as first seen at the NRF Big Show this month.

Key Points: 
  • Diebold Nixdorf can deploy its new AI-powered solutions for retailers, without disruption, through its existing in-store integrations.
  • Retailers have long recognized the exponential potential that self-service technology offers in terms of customer convenience, optimized floor space and employees' ability to better engage shoppers.
  • However, managing and mitigating the associated risk of shrink at the self-service checkout has long been a challenge.
  • Matt Redwood, vice president, Retail Technology Solutions at Diebold Nixdorf said: "Retailers are committed to innovating, but they want to avoid duplication of efforts and costly implementations.

Nfinite and Coresight Research Unveil the Impact of Enhanced Product Imagery on the $816 Billion Product Returns Challenge

Retrieved on: 
Wednesday, January 17, 2024

Consumer dissatisfaction with delivered products not aligning with online images contributes to 11% of all returns among surveyed companies, according to Coresight Research.

Key Points: 
  • Consumer dissatisfaction with delivered products not aligning with online images contributes to 11% of all returns among surveyed companies, according to Coresight Research.
  • "As consumers increasingly rely on online visuals for purchase decisions, the disconnect between product images and reality contributes significantly to the pervasive challenge of product returns.
  • This data reinforces the critical role of accurate product imagery in addressing retailer challenges associated with product returns and highlights the market potential for CGI investments.
  • Brands and retailers stand to gain substantial benefits, including improved sales conversion and cost reduction, by prioritizing enhanced product imagery in their strategies," said Nfinite founder and CEO Alexandre de Vigan.

SUNMI unveils its latest 3rd Gen Solutions for retail sectors at NRF 2024

Retrieved on: 
Tuesday, January 16, 2024

SUNMI’s offerings range from mobile payment terminals, desktop terminals, kiosks, and more digitalization solutions that are indispensable to various businesses improving their efficiency and profitability.

Key Points: 
  • SUNMI’s offerings range from mobile payment terminals, desktop terminals, kiosks, and more digitalization solutions that are indispensable to various businesses improving their efficiency and profitability.
  • This year’s show sees SUNMI unveiling new solutions developed with six different partners, including solutions for fast food, food trucks, restaurants, convenience stores and beauty salons.
  • “These new products feature SUNMI’s industry leading technology and are at the cutting edge of retail payments and digitalization solutions,” noted SUNMI CEO Jack Lin at NRF.
  • “Businesses will quickly see how sleek, easy to use, and reliable these products are for ensuring their smooth and profitable operations.”
    These solutions and more can be found at the SUNMI booth Level 3 3165 at NRF 2024.

fabric Launches Industry-First Commerce Platform With Native OMS, Supercharging Retailer Conversions and Outcomes

Retrieved on: 
Tuesday, January 16, 2024

NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- NRF 2024 -- fabric , the creators of the next-generation commerce platform, today announced the availability of fabric Order Management System (OMS) .

Key Points: 
  • NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- NRF 2024 -- fabric , the creators of the next-generation commerce platform, today announced the availability of fabric Order Management System (OMS) .
  • Native to the fabric commerce platform, fabric OMS unlocks commerce services like dropship, to streamline real-time inventory and order management.
  • fabric has weaved OMS into the heart of commerce and tied it together with foundational commerce services that bring shopping and fulfillment together to fuel those experiences.
  • We look forward to the ongoing relationship with fabric as they continue to revolutionize commerce for everyone,” said Keith Schwartz, CEO, Bounteous.

German Design Furniture Retailer Cairo Teams Up with ARHT to Revolutionize its Customer Experience with Holographic Sales Assistants

Retrieved on: 
Tuesday, January 16, 2024

Leveraging ARHT hologram technology, Cairo plans to "duplicate" their sales assistants as live holograms and beam them via ARHT CAPSULE to other retail shops, offering a unique and immersive shopping experience for their customers.

Key Points: 
  • Leveraging ARHT hologram technology, Cairo plans to "duplicate" their sales assistants as live holograms and beam them via ARHT CAPSULE to other retail shops, offering a unique and immersive shopping experience for their customers.
  • "I saw the potential of holograms during my visit to the NRF Big Show last year," confesses Furchheim.
  • If successful, Cairo aims to open smaller stores in various locations, offering customers the chance to interact with holographic sales assistants.
  • With the holographic sales assistant, Cairo aims to reshape the way customers interact with their products and bring a new level of personalization to the retail experience.