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Trends and challenges for 2017

January, 2017 — The holidays are over. It’s time to get down to business. We asked HFA members what they’re excited by—and worried about—for the New Year. For retailers, 2016…

Why retailers are lining up for Big Data

We just witnessed yet another record retail holiday season. Online sales for Thanksgiving Day and Black Friday reached $5.27 billion, up a strong 17.7 percent from last year, according to Adobe. Black Friday set a record by ringing up $3.34 billion in sales, a year-over-year increase of 21.3 percent. As retailers geared for the biggest selling season, use of big data gained momentum due to its role in increasing sales.