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More than 90% of members who try Scan & Go use it again on their next trip, and regular use is up 40% this year. That’s because it makes shopping easier and members like that. - From Sam's Club
Will Amazon conquer the world? From banking to data, food delivery to healthcare, the FT's Lex looks at which sectors should fear the tech giant the most. From Financial Times
Latest technology and what it means for the 60 million people who work in the garment industry. - From Wall Street Journal
Browse and buy – in another dimension – at the mixed-reality shopping booth at Taobao Maker Festival 2019.
Evolutionary AI models a business and tests strategies to anticipate the likelihood of success.
Aisle411, leading indoor mapping app, announces Tango that allows retail shoppers to search & navigate to product locations while getting rewarded in retail environments in a revolutionary new way.
Walmart Bossa Nova Robotics autonomous mobile robots (AMRs) used for real-time, on-shelf product data. Video Courtesy of Walmart Media. Video has no sound.
Chief Artistic Officer Reed Krakoff explains how Tiffany's is getting creative with new designs, cafes, pop-ups, riskier advertising, celebrities and more.
The seventh annual Gartner L2 Digital IQ Index: Department Stores benchmarks the digital competence of 61 department store brands operating globally.
In the video above we take a look at how Amazon stays on top of delivering billions of packages a year with the help of robots.
Shopping might be defined as a purely visual phenomenon. We see, we like, we buy. But with new technology from Alibaba, it's become one of touch and even smell, too.
With over 5,000 stores in the U.S. and enough revenue to rival smaller countries, Walmart has established itself as a staple of American culture.
Derek Belch, STRIVR founder and CEO, joins CNBC's "Squawk Alley" to discuss how his company is partnering up with Walmart to utilize virtual reality to train and promote its 1.5 million employees.
It’s never only one new thing or concept that keeps a company relevant. Instead, it’s actively listening to your customers & providing them with what they need. From TrendforceOne & DIY Next
Monocle Films walk the extra mile to meet shopkeepers who’ve gone off the beaten track to give their customers a different experience.
Reality technology—also defined as immersive technology—comprises virtual reality (VR), augmented reality (AR) and mixed reality (MR).
Amazon has redefined e-commerce as we know it, but in the wake of declining growth in Amazon Prime membership, the everything store is evolving.
Who will fill that underutilized space? A series of recent acquisitions by associates of Amazon in Northeastern Ohio provides some clues.
Robots to roam aisles of San Antonio Texas Walmart stores.
Sears had everything needed to be an e-commerce leader, but poor decision making and lack of foresight left the retail giant trailing its competitors.
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“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
What matters to Today’s Consumer: 2024 consumer behavior tracker for the consumer and retail industries
This report is the third in our annual research series that examines evolving consumer behaviors. This year, we find that many of the behaviors we noted in our 2023 report have persisted, with consumers continuing to express concern about their personal financial situations amid rising inflation. However, this concern has dropped significantly in the past twelve months as just 43% of consumers worry their personal finances will worsen over the next 6–9 months, compared with 80% who were concerned that they would worsen in the equivalent period last year. - From Cap Gemini Read more
52% of consumers are extremely concerned about their personal finances compared to 61% last year. 43% of consumers fear their personal finances will worsen in the next 6-9 months, far below the 80% last year. One in five consumers has already used generative AI in shopping. - From Cap Gemini
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
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