#USA #Cincinnati #Retail Innovation #dunnhumby #NRF

Leo Nagdas Joins NRF Innovation Advisory Committee

In a significant move for the retail sector, Leo Nagdas, the Head of Corporate Development and Ventures at dunnhumby, has joined the National Retail Federation's (NRF) Innovation Advisory Committee (IAC). This appointment underscores dunnhumby's pivotal role in shaping the future of retail through innovative technology and collaboration with industry leaders.

The NRF IAC is a collective of experts spanning venture capitalists, technology incubators, accelerators, retail strategists, and academic leaders. It exists to provide insights and guidance to the NRF on fostering connections between the venture, technology, and retail communities. As a newly appointed member, Nagdas will utilize his extensive experience to advise on innovations in AI, customer insights, operational efficiency, and personalization strategies vital to improving customer experiences in the retail landscape.

Nagdas remarks, "Being invited to join the NRF Innovation Advisory Committee is a strong validation of the work dunnhumby and dunnhumby ventures are doing to connect retailers and brands with the technologies and innovators that will define the future of shopping." This highlights the growing recognition of dunnhumby’s impact in the industry and its commitment to pushing the boundaries of retail innovation.

Dunnhumby has been at the forefront of retail technology advancements, notably through its Retail Innovation Network, which comprises over 500 senior innovators from various sectors, including startups, retailers, and investment firms. This network is pivotal in breaking down traditional barriers in innovation and promoting a collaborative atmosphere among key players in the retail ecosystem.

The Retail Innovation Forum, set to take place from September 15-18 in Bentonville, Arkansas, will serve as a platform for over 1,000 leaders from diverse backgrounds within the retail space. This event will also feature a one-day exclusive session on September 18, gathering 200 selected technology leaders in retail and Consumer Packaged Goods (CPG) to devise a shared vision for the industry's future.

Dunnhumby is widely recognized as a leader in Customer Data Science. The company's mission revolves around enabling businesses to excel in a data-driven environment by prioritizing customer experiences. Through its innovative data analysis platform, which synergizes technology, software, and consulting services, dunnhumby empowers brands globally—from Tesco to Coca-Cola—to redefine their strategies and operational models.

Moreover, dunnhumby's venture arm is focused on investing in early-stage technology startups that leverage data and AI. By aligning with these emerging businesses, dunnhumby seeks to foster innovation throughout the customer's purchasing journey, reinforcing its commitment to supporting pioneering solutions in retail.

This appointment marks yet another milestone for dunnhumby in its quest to lead the conversation on future retail trends. As the industry continues to evolve with the rapid advancement of technology, the insights and expertise Nagdas brings will undoubtedly play a crucial role in guiding the NRF and the broader retail community toward a more innovative and customer-centric future.

To learn more about the NRF Innovation Advisory Committee and how it's influencing the retail landscape, visit their official site. With the upcoming Retail Innovation Week, it will be interesting to observe the developments and collaborative efforts that arise from this convergence of retail ingenuity and technology.

For additional insights into dunnhumby's projects and vision, check out their website, where they highlight their ongoing initiatives aimed at revolutionizing retail experiences across multiple platforms and markets.