Top 25 Retail Website / Global Retail Influencer
Auto parts retailer AutoZone and its closest competitors are for now fending off competition from e-commerce giants such as Amazon by offering a lot of in-store service. - From CNBC
Now that mobile has finished taking over the world, is consumer tech over? Despite the sometimes gloomy headlines, there’s a lot of innovation brewing just below the surface. - From a16z
Neighborhood Goods is a new type of department store concept that turns shopping into a social, immersive experience. - From NRF
1.7 million USA packages stolen or lost every day. Prime members receive on avg 51 packages a year and one in three Americans report at least one package stolen. - CNBC
Artificial intelligence and vision technologies give retailers the ability to see, learn and make decisions like never before. - From Intel
Artificial intelligence and vision technologies give retailers the ability to see, learn and make decisions like never before. - From Intel
NRF 2020 Microsoft CEO Satya Nadella opening keynote with his thoughts on the future of retail and how technology can help the industry transform. - From NRF
NRF 2020: Retail’s Big Show is where the entire industry unites to get a whole new perspective. - From NRF
From 2010 to 2019, the retail apocalypse and changing tastes killed off many iconic companies. We lost Payless ShoeSource, Borders, Wow Air, and Toys R Us this decade. - From Business Insider
For seven years, Ikea has treated the smart home as a hobby. That’s changing now that Home Smart division has been promoted to the same importance as all the other Ikea businesses.- From The Verge
Returns in the U.S. create more than 5 billion pounds of waste in landfills each year, and more than 15 million metric tons of carbon dioxide. - From CNBC
Forever 21 has been practically synonymous with “fast fashion” and its massive stores have become a common fixture in America’s shopping malls. Now closing stores. - From CNBC
Almost 1,700 USA stores inside malls closed in 2018, according to Bank of America, and so far this year, closings have reached more than 4,000. This is the future of malls. - CBS This Morning
WIRED's Emily Dreyfuss talks with architecture professor Ellen Dunham-Jones about mall culture and the fate of dead malls. Hint, zombies and loneliness epidemic.
What's in store for retailers this holiday season? Unwrapping top 10 holiday shopping trends, how much consumers plan to spend, where they'll shop, & latest digital trends. - From Deloitte USA
For Alibaba, 24 hours of experience filled shopping, $38.4 Billion in gross revenue, a new record in the 11th edition of 11.11 Singles Day.
Brain Corp has deployed 3,000 industrial floor cleaners. Bossa Nova has deployed 350 inventory robots in Walmart, and Simbe expecting to deploy 500 systems over the next year. - From ABI Research
For decades, Toys "R" Us was a retail overall leader. Then they filed for bankruptcy in 2017 & liquidated six months later. How did Toys "R" Us go bankrupt? - From Wall Street Journal
Sobeys is pilot-testing a high-tech shopping cart that allows shoppers to skip the checkout line, but it is not intended to replace cashiers. From CityNews Toronto.
Would you accept skin care recommendations from Siri or Skynet? Maybe not, but you might have been served A.I.-picked recommendations, thanks to Sephora.
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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.
World Happiness Report 2024
The top 10 countries have remained much the same since before COVID. Finland is still top, with Denmark now very close, and all five Nordic countries in the top 10. But in the next 10, there is more change, with the transition countries of Eastern Europe rising in happiness (especially Czechia, Lithuania and Slovenia). Partly for this reason the United States and Germany have fallen to 23 and 24 in the rankings. - A partnership of Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network, and the WHR’s Editorial Board. Read more
ChatGPT Statistics - Users, Revenue (March 2024)
ChatGPT has over 180.5 million monthly users as of March 2024. Nearly 15% of the ChatGPT users are from the United States. More than 92% of Fortune 500 companies are using ChatGPT. atGPT is forecasted to generate a revenue of $1 billion in 2024. 53% of the readers failed to identify ChatGPT written content as AI-written. – From Demandsage.com
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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