Remove 2026 Remove Innovation Remove Inventory Remove Sustainability
article thumbnail

Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

However, this time, the spotlight shifted from the promise of these innovations to their real-world applications on the sales floor. AI’s influence continues to grow, and consumers are now demanding sustainable actions. The overarching theme was the translation of technological advancements into actionable results.

article thumbnail

Trends Transforming Logistics and Supply Chains In the MENA Region in 2023

The Logistics & Supply Chain Management Society

Companies with resilient supply chains had a sustainable advantage during the unprecedented logistical turbulence that emerged during the pandemic. billion USD by 2026. Investing in data analytics along with innovations in big data will have a significant impact on the business. billion by 2025.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

As online shopping continues to grow – retail e-commerce sales are expected to make up nearly a quarter of total retail sales worldwide by 2026 – returns will become more prevalent. The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. In the U.S,

article thumbnail

A 2024 Outlook into the Future of Retail Promotions

Cognira

The future of retail promotions is being shaped by innovative advancements, particularly in the field of artificial intelligence (AI). In this blog, we’ll explore the outlook for retail promotion management innovations, shedding light on the key trends that will redefine the retail promotion landscape this year.

article thumbnail

Air Cargo is Gaining Momentum in 2023

American Global Logistics

billion in 2026. Reduced Inventory Costs : The speed of air cargo allows businesses to exploit lean inventories. The need for sustainability: The air freight industry is under pressure to reduce its environmental impact, which will likely lead to the development of more sustainable technologies and practices.

Cargo 52
article thumbnail

The Biggest Manufacturing Industry Trends in 2022

Unleashed

Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products. So what are the main trends in manufacturing you need to know for 2022?

article thumbnail

Retail Apocalypse Predicted to Continue

Enterra Insights

That easing was helped along by topline improvements last year, and those would have to be sustained to stave off further closures, UBS said.” Howland reports, “[UBS] analysts’ best case estimate is for 75,000 stores to collectively shutter by 2026, if e-commerce penetration rises from today’s 16% to 25%.”