Three Tech Trends in the Retail Industry

An accomplished retail consultant, Matthew Hamory brings nearly two decades of experience to his role as a managing director with AlixPartners in Boston. As part of his professional duties, Matthew Hamory pays close attention to the latest technology developments in the retail sector.

From the first cash registers to the rise of Internet shopping, technology has been tightly integrated with the retail industry. Here are some ways technologists and retail observers see technology shaping the retail industry in the near future:

AI Personalization: New developments in artificial intelligence bring exciting potential for the use of data for targeted marketing and personalized shopping experiences. For example, AI-powered algorithms could make personalized style recommendations to apparel consumers.

Smart Carts: GPS technology and the Internet of Things promise new in-store shopping experiences. Among other possibilities, shopping carts equipped with GPS technology and Internet connectivity could tap into shoppers’ online grocery lists and direct the shopper through the aisles.

Voice Shopping: The surge of smart devices like Google Home and Amazon Echo coupled with smart assistants like Apple’s Siri has led to a new frontier of consumer engagement. With a majority of smart-device owners using these tools to make purchases, re-thinking online listings and SEO strategies will be a must for retailers in the near future.

Comments

Walmart Undertakes Largest International E-Commerce Deal in History

As a managing director of AlixPartners, Matthew Hamory draws on more than two decades of experience in retail operations and strategy. In September 2018, Matthew Hamory shared his views on Walmart’s recent endeavors toward international expansion. “Even in the struggles [it has] had, [Walmart’s] still doing better than any U.S. retailer has done in the modern era,” he said. Walmart International President and CEO Judith McKenna led the mega-retailer’s latest expansion effort, which involved acquiring a 77 percent stake in India’s largest online retailer, Flipkart , in August. The $16 billion investment marks the biggest purchase in not only Walmart’s history, but also the entire e-commerce sector. Furthermore, it represents a significant shift in the company’s traditional approach of focusing on a global footprint and opening physical storefronts. Even before this investment, Walmart topped the charts in international revenue at $118 billion. Yet, its exponential growth in the globa...

Enrichment Programs at the Tenacre Country Day School

A Princeton University graduate, Matthew Hamory draws upon experience with firms such as Oliver Wyman and KPMG in his leadership role with AlixPartners in Boston. Outside of his professional life, Matthew Hamory gives back to the community through his involvement with nonprofit groups such as the Veterans of Foreign Wars and local educational institutions such as Tenacre Country Day School . For more than 100 years, Tenace Country Day School has provided a challenging, nurturing educational environment to pre-kindergarten through sixth grade students in Wellesley, Massachusetts. In addition to a carefully designed mathematics and literacy curriculum, Tenacre offers foreign language instruction, intramural and interscholastic athletics, and a suite of enrichment programs. Students at Tenacre participate in the Gwyn Loud Science and Enrichment program each spring. This program offers science-related projects tailored to each grade level. In previous years, students explored topics su...

Matthew Hamory | Blogger

Search This Blog