article thumbnail

Leaning into Retail’s Challenges with Digital Transformation

CIO

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year.

Retail 217
article thumbnail

Retail industry predictions for 2022

Beyond B2B

In 2022, retailers will be more proactive in gaining customers’ confidence and business.

Retail 89
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Tencent’s AI and cloud to accelerate the Middle East’s Tech-led transformation

CIO

In the Middle East, AI- and cloud-led business transformation is a top priority for enterprises. From an industry mix standpoint, the Middle East’s retail sector seems to be regaining some of its charm, while gaming is emerging as a sunrise sector, especially in Saudi Arabia.

Cloud 173
article thumbnail

How Canadian Tire CIO & CTO balances lessons learned and leading with purpose

CIO

No small feat considering he’s responsible for a bursting portfolio that covers a family of companies including Canadian Tire retail, Sport Check, Mark’s, Party City, Pro Hockey Life, and several others. “I I moved from telco to tech, high tech to retail, but didn’t think I’d make that jump, nor thought retail would be invigorating,” he says.

Retail 158
article thumbnail

BrandAlley leverages the power of AI to unlock the boundless potential of fan-fueled growth

CIO

They help their nine million members acquire the high-end labels they love at up to 90% off the recommended retail price. Even in business, faithful fans fuel growth BrandAlley doesn’t have the celebrity advertising power to help spread the word about its website – but the company has something better: its fans. No star power?

article thumbnail

Modernizing bp’s application landscape with AI

CIO

Solving problems for many kinds of customers It is evident from these examples that bp is leveraging AI across many facets of its business. This is our IT strategy: to help bp transform into an integrated energy company, Fotiou says.

article thumbnail

Case Study: Building a North Star Operational Model for Engineering and IT

Allstacks

“We want to be known as a tech company that just happens to sell retail products ”. When you’ve been in business for many decades, you’ve likely seen several business transformations from your model, operations, and the product itself. That’s where we find many of our customers.