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Target has been at the forefront of retail technology, rolling out new mobile initiatives and cultivating a culture of innovation with incubators in both Silicon Valley and Minneapolis. One year after joining the company, the head of Target's top-secret Goldfish project opens up about good and the bad of working at Target.
Target's chief information officer Mike McNamara attended the Forbes CIO Summit last week and highlighted some of the biggest challenges businesses are facing in terms of technology, including the rise of mobile and shift to cloud computing.
Analytics tools and applications are a top spending priority for retailers this year, according to a new report. Many planning tools currently in use are outdated and unable to support the kind of data analysis needed to make solid planning decisions. Improving analytics is the top planning priority for 58 percent of retailers.
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