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Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

The curtains have closed on the National Retail Federation (NRF) 2024 Retail’s Big Show, and this year’s event has been extraordinary, with a record-breaking attendance of nearly 40,000 participants from around the globe.

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Trends 2024: Artificial Intelligence

Enterra Insights

.”[5] Last year, Enterra Solutions ® announced it had created an Enterprise Growth WarRoom capability for consumer products (CP) and retail companies. I look forward to seeing the benefits of machine learning reach more manufacturers in 2024. After all, the technology is already there. ” Employment Turmoil.

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ToolsGroup Named Leader in Five G2 Categories for Winter 2024

ToolsGroup

BOSTON – January 15, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to be recognized as a Leader in five separate G2 Winter 2024 reports. The software company earns Leadership recognition in supply chain planning and demand planning across regions.

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ToolsGroup JustEnough® Brings Responsive AI to NRF 2024

ToolsGroup

Thanks to the recently integrated EvoAI engine, JustEnough leads the charge in AI-driven retail planning and execution. NRF 2024 is a retail tradeshow that brings together more than 6,200 brands from around the globe to New York City for three days of learning, collaboration, and discovery. Additional Resources: Coming to NRF?

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ToolsGroup Launches PromoAI, a Revolutionary New Retail Promotions Optimization Solution 

ToolsGroup

This solution allows retailers to maximize the sales lift created by promotions while minimizing margin sacrificed to do so. With the PromoAI solution, retailers can instantly simulate the impact of multiple promotional strategies at once to choose the best outcome for their business priorities. Read more HERE.

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NRF Forecasts 2024 U.S. Retail Sales of $5.2 Billion

Supply Chain Matters

Last week, the National Retail Federation (NRF) forecasted its outlook for retail sales this year. According to this industry group , retail sales are expected to increase 3.5 The 2024 forecast compares to the sales growth of $5.1 Highlights of the State of Retail Webcast The above forecast of U.S. trillion and $5.28

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Shoptalk 2024 Recap: Trends and Insights

BlueYonder

What a great week at Shoptalk 2024 in Las Vegas! Shoptalk is one of the more enjoyable conferences in the retail world. We had the opportunity to meet new retailers, old friends, and learn about new technology along the way. Now that Shoptalk 2024 has wrapped up, we reflect on the wealth of insights and some very clear messages.