Now is the time for the Real-time Retail Revolution
15 Feb 2019
By Peter Denby Consumer Expectations have Fundamentally Changed A fundamental shift has occurred in our collective habits as shoppers. No longer are we prepared to wait patiently for retailers to serve us, gone are the days when we were satisfied to receive a one size fits all service and the thought of having to battle
Kx Retail Insights: The next generation of data-driven range optimization
20 Feb 2018
Range optimization is one of the most important decisions for retailers in the digital age. The changing physical environment is a key driver in the need for intelligent range planning. Shrinking physical footprints require range reduction and optimization in store, whilst supplier integration online requires merchandising capability to personalize the ever growing assortment to the individual.
Kx Insights: Top 5 Retail Innovation Trends in 2018
30 Jan 2018
The Kx Retail Innovation Index (Kx RII) reveals that the UK major high street retailers continuing to innovate are succeeding. Those being recognized by consumers for their innovation to drive customer experience are winning. Download the full report to read more: 2018 Kx Retail Innovation Index.
Kx for Retail: How Location Technology is Revolutionizing the Customer Journey
7 Sep 2017
It is widely known that brick-and-mortar stores have been hit with declining sales in recent years, mainly due to the rise of e-commerce giants such as Amazon.com. At the same time, according to the Pew Research Center, 77% of Americans have cellphones and a majority of shoppers are using cell phones while they shop in physical stores. These trends have forced managers in the consumer goods industry to turn to non-traditional advertising and to try new marketing techniques in hopes to refresh tired processes and give retail stores new life.
Kx for Retail: Range or die – how to survive the retail revolution
31 Aug 2017
In case you missed it, we are in a digital revolution and no industry is exempt. Banks, newspapers, travel and retail have to adapt to technology-focused business models with the key driver being changing consumer behavior. Big names that are slow to adapt are being lost. Range optimization will be one of the most important
Kx Technology and the Connected Store
18 Apr 2017
The connected store is the next step in the digital transformation of the retail industry as the Internet of Things brings new sources of real-time and streaming customer data to store operators. New technologies are needed for these emerging frequencies and types of data, which has created an opportunity for Kx for Retail.
The Kx streaming analytics platform is perfectly suited to analyzing large volumes of data in real time. Kx helps retailers make faster and more informed decisions based on what is occurring now, what has occurred in the past, and what is predicted to take place in the future.