What to expect in 2024: Challenges and opportunities for retailers

In the year ending 31 December 2023, itim Group, a technology company that aids store-based retailers in enhancing financial performance and competing with online competitors, reported a narrowed pre-tax loss alongside a notable increase in revenue.

itim Group, a SaaS-based technology company optimising store-based retail businesses, released this week its audited financial results for the year ending 31 December 2023. Financial Highlights CEO Ali Athar remarked, “I am pleased to report itim’s

With a more positive economic outlook for retailers, companies are turning toward new ways to engage and connect with customers. Learn more about the latest Q1 retail trends, from connecting innovatively in the digital age and

To help retail and e-commerce brand leaders identify which consumer shopping behaviors are taking hold and which are not, Morning Consult is tracking shifting consumer e-commerce and retail industry trends through a monthly survey of U.S.

Transformation sweeps retail as leaders deploy data analytics, AI, and IoT to customise experiences with razor sharp precision. Tapping customers’ unique preferences, and innovations bridge market gaps, revolutionising value delivery. Among these innovations, the integration of

The Census Bureau’s Advance Retail Sales Report for March revealed a 0.7% rise in headline sales from February, marking the second straight month of increased consumer spending. The latest increase was higher than the anticipated 0.4%

Itim Group has signed a further professional services contract with toy retailer The Entertainer. The London-based retail software solutions provider said The Entertainer signed this deal to extend its use of Itim’s Unify platform offering. Itim

itim provides omni-channel retailers with a Unified Retail platform designed around the customer, that leads to increased sales and profitability. itim Group plc (LON:ITIM) is a SaaS-based technology company that enables store-based retailers to optimise their businesses to

The April 2024 retail round-up calls attention to some interesting airport store innovations. Travel retail leader ARI, for instance, announced the opening of its newest Preloved Boutique at Lisbon Airport, ensuring that travelers can purchase vintage

In the last decade, it’s become routine for retail giants to vanish annually, and 2024 won’t deviate. Their abrupt departure sparks nostalgia and fuels debates on the forces behind their demise, often leading to melodramatic declarations

In recent years, for a variety of reasons — operational changes, challenges in hiring and corporate expense cuts — some retail stores are noticeably light on staff. Since the height of the pandemic, store operations have

For some reason, it was a relatively slow week in retail news. I added a lot of big research reports to the pile to read, but otherwise, there wasn’t a lot of economic news, research trends,

The US Bureau of Economic Activity released its third revision of real GDP for Q4 and full year 2023. They’re now saying that real GDP for Q4 increased 3.4%, an upwards revision and reflects, in part,