IHL Group Press Releases

Published on December 14, 2023 - 17:31 GMT

Retailers That Use AI Enjoy Over 2x Sales Growth and Nearly 3x Profit Growth Compared to Competitors

New research looks at AI/ML use across 11 different retail application areas and compares retail performance NASHVILLE, TENNESSEE, UNITED STATES, December 14, 2023 /⁨EINPresswire.com⁩/ -- A new study conducted by IHL Group reveals that retailers who have …

Distribution channels: Business & Economy, Electronics Industry ...
Published on December 1, 2023 - 12:30 GMT

Macy’s Could See Over $7.5 Billion in Additional Business Gains from AI Through 2029

New research projects increased sales opportunities, improvements in gross margins, and lower expenses due to AI Readiness NASHVILLE, TN, UNITED STATES, December 1, 2023 /⁨EINPresswire.com⁩/ -- Department store chain Macy’s, Inc. could see over $7.5 …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on October 3, 2023 - 23:00 GMT

AI Technologies Already Transforming Grocery Retail According to New Research

New research from IHL Group shows AI and Generative AI tools could bring potential $1.9t fiscal impact to the Grocery industry through 2029. NASHVILLE, TENNESSEE, USA, October 3, 2023 /⁨EINPresswire.com⁩/ -- Artificial Intelligence/Machine Learning and …

Distribution channels: Business & Economy, Consumer Goods ...
Published on August 17, 2023 - 13:00 GMT

AI Has Potential to Bring Over $580 Billion in Extra Profits for Amazon and Walmart – New Research

New AI Readiness Index (AIR) research from IHL Group ranks the AI readiness for top public retailers and restaurants with potential financial impact NASHVILLE, TENNESSEE, UNITED STATES, August 17, 2023 /⁨EINPresswire.com⁩/ -- Artificial Intelligence/ …

Distribution channels: Business & Economy, Consumer Goods ...
Published on August 1, 2023 - 13:15 GMT

Global Retail Losses Reach $1.77 Trillion: Industry Battles Inventory Distortion Despite $172 billion in Improvements

Progress made in every region worldwide, but rapid growth of theft and Organized Retail Crime has overshadowed systems and process gain in the United States. NASHVILLE, TENNESSEE, UNITED STATES, August 1, 2023 /⁨EINPresswire.com⁩/ -- The disconnect …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on May 24, 2023 - 20:37 GMT

New Forecast Reveals Groundbreaking Potential of Generative AI in Retail Industry: $9.2 Trillion Impact Expected by 2029

Generative AI technology projected to increase sales, improve product margins, and eliminate company inefficiencies. NASHVILLE, TN, UNITED STATES, May 24, 2023 /⁨EINPresswire.com⁩/ -- Today, research analyst firm IHL Group announced the release of a …

Distribution channels: Business & Economy, Consumer Goods ...
Published on April 27, 2023 - 16:26 GMT

Mobile POS (mPOS) Hardware Market in North America Poised to Grow 8% in 2023

New Shipment Volume Being Driven by Both Large and Small Retailers NASHVILLE, TENNESSEE, UNITED STATES, April 27, 2023 /⁨EINPresswire.com⁩/ -- The Mobile Point of Sale (mPOS) hardware market in North America is projected to grow by 8% in 2023, according …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on February 28, 2023 - 15:16 GMT

Worldwide Point-of-Sale (POS) Shipments Increase 14.0% in 2022

Worldwide shipments of point-of-sale terminals experienced strong double-digit growth in 2022 NASHVILLE, TN, UNITED STATES, February 28, 2023 /⁨EINPresswire.com⁩/ -- Worldwide shipments of point-of-sale terminals experienced strong double-digit growth in …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 24, 2023 - 21:57 GMT

Retail Orphan Initiative Raises Over $384,000 to Help Orphans and Vulnerable Children in SuperSaturday Event

Over 220 Executives Meet to Network, Learn and Help Children in Need NASHVILLE, TENNESSEE, USA, January 24, 2023 /⁨EINPresswire.com⁩/ -- Over 220 retail executives recently met at Microsoft’s New York headquarters for a day of top retail business content …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 3, 2023 - 15:15 GMT

Building an Insurmountable Lead – How Technology is Separating Leading Retailers from Competitors

Winning retailers are making strategic technology investments in technologies to extend the lead against their competitors NASHVILLE, TN, UNITED STATES, January 3, 2023 /⁨EINPresswire.com⁩/ -- Winning retailers are making strategic technology investments …

Distribution channels: Business & Economy, Consumer Goods ...
Published on December 20, 2022 - 20:29 GMT

Best Data Wins: How Most Profitable Retailers Are Deploying Advanced Analytics at Rate 3x Faster Than Competitors

The fastest growing and most profitable retailers are deploying advanced analytics at rates over 3x faster than competitors NASHVILLE, TN, UNITED STATES, December 20, 2022 /⁨EINPresswire.com⁩/ -- The fastest growing and most profitable retailers are …

Distribution channels: Business & Economy, Consumer Goods ...
Published on September 7, 2022 - 13:00 GMT

Consumers Say 1 in 5 Items They Want To Buy Is Out-of-Stock at Their Local Retailer

Despite systems improvements, retailers continue to struggle with labor and supplier Issues, amounting to over $349b in total sales losses NASHVILLE, TN, US, September 7, 2022 /⁨EINPresswire.com⁩/ -- The disconnect between what consumers want to buy at …

Distribution channels: Business & Economy, Consumer Goods ...

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IHL Group
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IHL Group is a global research and advisory firm for the retail and hospitality industries. Through our research and data services, we provide the technology insight that companies need to effectively compete in a global market.

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