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The retail industry is rewriting the laws of physics. Change is coming at an ever faster rate each year and 2030 will be upon us before we know it.
The retail robots are coming - Bloomberg Television
Global annual spending on AI by retailers estimated to reach $7.3 billion by 2022 - Welcome.AI
McKinsey research establishes a common understanding of the forces at work in fashion and identifies where the top priorities, both business and creative, are for 2019.
No shopping without a smartphone? A view of shopping in the future from the just completed EuroCIS trade event in Germany this past week. Digital technology rules.
Scott Galloway, Professor at the NYU & Founder of L2, at NRF 2019 on the key to companies increasing revenue 20-30% over the next five year & doubling their stock price is the business model.
2019 will the year of Service-led retail, yesterday’s customer service rep transformed into an Intelligent Personal Shopping Assistant. 50% of total searchers using voice search in 2020. - Moni Media
China will overtake USA as the world’s biggest retail market in 2019. JD has announced plans to open 185 drone airports in Southwest China to use for deliveries. - Moni Group
From an Amazon robot distribution center to a Walmart robot floor scrubber, multiple examples on the robotic invasion coming to retail. Yes, Pepper makes another visit - BBC Click
Smart voice assistants are slowly but surely making their way into our homes and lives, and we expect a similar trend in the retail world.
From IDC EMEA, an analysis of European retail trends.
The Fujitsu's Store of the Future, with the Self-Checkout Gate making at appearance at NRF 2019.
The future of retail is “Boundaryless Retail” – the idea of enabling consumers to buy whatever they want, whenever and wherever they want it, online, offline, or even virtually. A JD.com future view.
Consumers expect to summon retail experiences as they would a genie from a lamp, call forth from a phone, personal assistant, smart speaker or even physical environment.
Nike's new NYC flagship store is fueled by its mobile app. The “House of Innovation” is the blueprint for its future retail locations.
Every surface, screen and scanner in their stores will create data – and enable employees to act up on it.
Over its 130-year history, Sears has sold watches, clothes, farm machinery, appliances and even houses.
A year ago, people were talking about the death of retail. But the reality? “We’re having a retail renaissance,” says Goldman Sachs.
Much like a self-driving car, the Auto-C Autonomous Cleaner uses assisted autonomy technology to clean and polish floors, freeing up associates to take care of other tasks.
From Klarna, by connecting digital billboards to stores alarm systems, shoplifters got unexpected real life push notifications. A different tech look on visual potential theft deterrence.
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Finally, My First Benz has Arrived
Continuing our global tour to learn something new, our next stop is Mannheim Germany, where I had a chance to finally ride in my first Benz.
Mannheim is a city located in south-west Germany at the confluence of the Rhine and Neckar rivers. The first mention of the city was in 766 BC. Surprisingly it is the place where you will find the second-largest baroque palace in Europe (Versailles in France is number 1).
The city is famous for several important inventions. In 1817, Karl Drais invented the forerunner to the bicycle. In 1880, the Siemens company constructed the first electric lift. In 1886, Carl Benz invented the world’s first automobile whose replica I am riding in this picture.
Karl Benz was the first person to own a driver's license. After complaints from Mannheim citizens about his car's terrible noise and smells in 1888, he formally requested Grand Ducal Authority for written permission to drive on public roads.
It is believed that the ‘Mercedes’ part of the brand name ‘Mercedes-Benz’ was taken from Mercedes Jellinek, the daughter of businessman Emil Jellinek. Emil was one of the first buyers of Mercedes-Benz cars, and the name stuck,
Mercedes Benz was the first company to create a hybrid car in 1906. Safety crumple zones and anti-lock brakes also first appeared in their vehicles. Additionally, Mercedes-Benz was among the first to test self-driving technology in 1995.
This picture was from a recent Christmas Markets river cruise and it is a clear visual reminder to never stop having fun. Not sure how far I will get with this Benz, but walking through the steps of history was a high-speed thrill after all.
Deloitte 2023 Retail Industry Outlook
The work for retail executives in 2023 is to advance the innovations created during the pandemic: to drive more profit from the curated experiences, last-mile options, and conveniences that retailers rolled out—all at a time when the purse strings may need to tighten. - From Deloitte Read more
The Biggest Global Risks of 2023
One telling observation from the data above is that none of the risks left a majority of experts feeling confident in our ability to prevent the risk from occurring, or prepared to mitigate its impact. As the 2020s are shaping up to be a turbulent decade, that could be a cause for concern. - From Visual Capitalist
How TikTok Could Become a U.S. Company | WSJ
TikTok is at a crossroads, as U.S. concerns about its Chinese ownership grow. Some officials have explored the idea of forcing a sale to a U.S. company. WSJ explains the challenges of making that happen. Read more
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