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Data Privacy Day 2024

Enterra Insights

Data privacy is a big deal. Data will not disappear as a result of the enactment of privacy laws and regulations; however, privacy laws and regulations do make the collection, storage, and analysis of data more complicated. Data Privacy Day (initially Data Protection Day) was initiated in 2006 by the Council of Europe.

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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. Inflation, another hurdle on the retail landscape, prompted a shift in focus towards long-term business growth.

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The Metaverse is No Game for Retailers

Enterra Insights

By allowing consumers to seamlessly move between two different realities, the metaverse is already creating countless new opportunities for retailers and consumer brands.”[2] ”[2] Although the metaverse is primarily known as a realm for gaming, retailers and brands need to be dead serious about entering this space.

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Self-Checkout Turns Customers into Employees and Employees into Security Guards

Enterra Insights

On the other hand, you (and/or less honest customers) are the retailer’s problem. The Extent of the Problem Some people deliberately fail to scan all the items believing they deserve a tip for being an unpaid employee of the retailer. ”[3] All retailers, not just grocers, are suffering from inventory losses.

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The digital retail revolution can help in this area by digitizing all processes of receipt and tracking of goods. This, in turn, leads to increased sales and customer loyalty.

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Retail Consumer Data: The Key to Personalization, or Privacy Violation?

Supply Chain Brain

Retailers strive to personalize the shopping experience, especially for online purchases. At what point, though, does that effort cross the line and become an invasion of the consumer’s privacy?

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How Technology Continues to Change the Future of Retail

Repl Group

Retail is still enduring a major transformation as the physical and digital worlds both collide and complement. In thinking about what the next several years may hold, we decided to explore perspectives from both retail shoppers and industry workers, surveying more than 1,000 consumers and 500 staff across the U.S.,