"No one is harder on a talented person than the person themselves" - Linda Wilkinson ; "Trust your guts and don't follow the herd" ; "Validate direction not destination" ;

May 07, 2020

IHL Retail Webinar

Speaker - Greg Buzek (Greg Buzek is the Founder and President of IHL Group)

Data Perspectives
  • Don't sensationalize data
  • Look data in the context of region / local culture




Recovery Path 
  • Horrible Q1 / Q2 until 2021
  • Recovery for each region has several dependent factors like 
  • Recovery Models / Stimulus packages / Gas prices
  • Stores may reopen in Chunks 10%, 20% in incremental levels



Post-Covid
  • Increased Mobile Payments / DBT
  • Digital Transactions Adoption
  • New store formats 
  • Rise of frictionless stores
  • Autonomous Retail Environment









I disagree a bit here, RFID is an expensive investment compared to AI / ML solutions. In this current situation, RFID requires high initial investment costs. This makes it the right spot for AI / ML-based solutions

Keep Thinking!!!

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