In collaboration with Thinkmax, Retalon will deliver its advanced analytics and AI solutions to Canadian retailers using the Microsoft Dynamics 365 ERP. This will allow retailers to quickly deploy Retalon’s advanced AI-driven analytics solutions for planning, inventory, lifecycle pricing, and much more at the click of a button....

If you’ve been hearing rumours that your competition is harnessing AI-powered analytics and you’re not doing so already, then you should probably worry. According to McKinsey & Company, front-runners who adopt AI within the next five to seven years will lead their competition by over 120%....

Humans have spent the last 50 years providing computers with millions of instructions in the form of algorithms. As a result, today computers can act in numerous situations that are well defined, such as calculating the trajectory of a spaceship, tax returns, accounting balances and so on....

This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. In 2018 retail giant H&M disclosed that they had $4.3 Billion in overstocks. An amount that is hard to picture and even harder to...

Fashion's Digital Transformation - 4 Critical Tips (2022) At first look, it may seem like the Covid-19 pandemic (and the limitations it has placed on brick-and-mortar operations) has been responsible for fashion’s digital transformation in 2020 (e.g. moving to e-commerce and digitizing their operations). In truth, while the need for these drastic...

Despite the difficulty and uncertainty surrounding the non-essential market right now, there are 9 specific things that every non-essential retailer can be doing to address immediate issues, shorten their recovery, and set themselves up for success in the long-term....