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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.
When it comes to grocery shopping, convenience and choice is key. Online purchasing in on the rise. Learn more about grocery shopper trends from FMI's U.S. Grocery Shopper Trends report.
An unmanned AI retail store provides visitors with a convenient shopping experience, while also helping the store owner operate their business more efficiently.
1999 Bob Simons 60 Minutes interview with Jeff Bezos, a self-described nerd, who founded Amazon.com, the worlds largest Internet bookstore.
In this clip from 1999, Jack Ma delivers a speech to 17 friends in his apartment to introduce Alibaba and lay out his plan to compete with U.S. internet titans.
The way merchants deliver goods to customers hasn't really changed much over the last couple of decades. A video summarizing changes coming your way home.
40% of digital transformation initiatives will be supported by Artificial Intelligence / Cognitive capabilities by 2019. AI will boost profitability in retail and wholesale by nearly 60% by 2035.
Ikea's dark but realistic look at the difference between work and family life. Are you burned out by living just to work?
quiXmart's mission is to present and launch one of the worlds very first autonomous smart store, technologically modernising the whole retail sector.
A sometimes spooky Nike tale featuring Philippe Coutinho, Mal Pugh, Kevin De Bruyne, Neymar Jr, Ronaldinho, Pirlo, Gattuso, Wizkid, Tiwa Savage, Legendury Beatz, Xavi Simons & Aubameyang.
Artificial Intelligence can help you offer your customers personalised ads and shopping experiences just by analysing data about their preferences and habits.
How many times have you decided to make a quick stop at your local supermarket to grab one item, and then got stuck in a long checkout line? Probably too many.
For consumers weaned on smartphones, social media, and next-day delivery, conventional retail is often a let-down. They expect the frictionless purchasing they’ve come to expect from e-commerce.
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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.
Retail’s Hidden Advantage: How RFID & Computer Vision’s Radically Improve Operational Improvements
Companies that are already using RFID technology in our study averaged profit growth in 2023 that was 57% higher than those who do not. And they are expecting their profits in 2024 to be 88% higher than those not already using RFID. Companies are 34x more likely to use computer vision already and 35% more likely to invest in computer vision in 2024 than below average performers. - From IHL Services Read more
AI in Retail Organizations: Not Everyone Sees Eye to Eye
More than half of respondents are leveraging AI in some capacity across their businesses today. More than half of CEOs of enterprise-level businesses believe that the role of AI-based technology is fundamental to the future of retail. - From Digital Commerce 360
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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