Alan Morris says retailers need to look again at IT cost models. As turnover falls, new cost management principles are required to reduce IT spend and contribute to a leaner business. IT spend in retail is normally between 0.9 and 1.9 percent of turnover per annum, so taking 1.6 percent as an average would mean £1.6 million for a £100 million turnover business...

As with so many things in life, the answer to every problem is closer at hand than you think. As retailers feel the pain of an economic slowdown and flagging consumer confidence, they tend to look outside their business for remedies and strategies...

Today Leading Apparel Companies Face Unprecedented Product Development Challenges Complex multi-channel distribution networks, dynamic consumer demands, pressure to deliver to increasingly aggressive calendars, and global sourcing have created a fast-changing environment where rapid decision making in product development means the difference between success and failure...

The IDTechEx Knowledgebase of over 3,500 RFID projects in 109 countries illustrates how this market of over $5 billion is rapidly diversifying. For example, ruggedised RFID tags have long been sold in volume for opening your car door at a distance and for industrial laundry. However, in the last six months, most...

Focused, carefully managed RFID initiatives designed to accomplish specific business goals are already producing significant, measurable benefits for the apparel and footwear industry, Item-level tags and in-store deployments are addressing some of the industry's most basic challenges, including out-of-stock levels...

Mobile phones have invaded our lives and have made their own unique stand. They have enabled us to even watch television apart from the basic functions of making calls and sending texts. Latest innovation with handsets is that it can be used for shopping also. Shopping through mobile phones to buys things like train tickets and other items are very common in Japan...