Top 25 Retail Website / Global Retail Influencer
VR headsets allow people to interact with products same way as in a store, but also soon will allow them to interact with other people inside experience making it very social. - From VR South Africa
Inside one of Walmart’s New York stores, thousands of cameras track when products are running low or when produce start to lose its freshness. Company is using artificial intelligence to manage stores
Luxury represents a powerful form of social capital for this segment of consumers, according to new research in McKinsey’s China luxury report 2019
Fujitsu Artifical Intelligence (AI) learns from data to automate processes, improve service and raise productivity. AI eables complex processes to be automated independent of human intervention.
Good summary video on IoT applications in retail from Studio387. What do you think?
It’s watching & knows a crime is about to take place before it happens. Vaak, a Japanese start up, has developed Artificial Intelligence (AI) pre-crime software. - From Fanatical Futurist
In the year 2030, shoppers will need a reason to leave the couch and go in-store. - From Synchrony
As Amazon’s e-commerce growth begins to decrease, where will the retail behemoth shift its efforts? From Prime revenues to Alexa reprioritizations & more, Gartner L2 predicts what's next.
Disruptive can mean better, but it can also introduce social challenges. Innovation is transforming the retail sector.
Search behavior suggests that in-store shopping experiences begin online, & retailers are investing in omnichannel. But are retailers leveraging store footprint differentiation against Amazon?
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.
Page 9 of 15
Chi va piano, va sano, e va lontano
Continuing our global virtual tour to learn something new, our next stop is Helsinki, Finland. The words opening this post are Italian and they mean “those who go slow, are healthier, and will go the distance.”
Helsinki is the most northerly of all the continental European capitals. The location was established as a trading town by King Gustav I of Sweden in 1550 and today is the largest city in Finland.
Known as the ‘Daughter of the Baltic’, Helsinki is the world’s coldest capital with a yearly average temperature not exceed 0°C (32°F).
The local government heats the granite slabs from underground during the winter, making the sidewalks in the center of the city completely snow-free. For about six weeks in the year, you also won’t see the sun because it is so close to the arctic.
Helsinki is an unusual capital as not only does it include the mainland located on the Gulf of Finland, but also includes 300 islands that are connected by many bridges. Take an 8 hour and half train ride North from Helsinki and you will meet the real ‘Santa Clause’.
The picture in this post is from one of favorite casual restaurants in Europe that I initially discovered in Zurich Switzerland called ‘VAPIANO’. Literally it means ‘go-slowly’, and they have locations in 25 countries, including Finland.
Favorite memories of Helsinki and Finland include multiple meetings with major retailers and visiting their stores, the great food, the warm hospitality of the locals, and those very warn ‘sauna’ experiences during the cold winter visits.
Paraphrasing those Italian words opening this post, “slow and steady will always win the life race.” Live your dreams and remember it is indeed a small world after all.
PwC's Global Economic Crime & Fraud Survey 2022
46% of surveyed organizations reported experiencing some form of fraud or other economic crime within the last 24 months. 1 in 8 organizations experiences new incidents of supply chain fraud as a result of the disruption caused by COVID-19. – From PwC Read more
Inflation is not Changing E-commerce Return Policies
Only 40% charge customers for returns shipped back to the retailer. In recent months retailers have been exploring the option of simply allowing customers to keep items and refunding their money. - From FreightWaves.com
How These Companies Are Taking Over Car Dealerships -CNBC
Car dealerships have been mom and pop businesses for much of their existence. But the industry has been slowly consolidating. Six publicly traded dealership groups have been on a have been on a shopping spree, buying up dealerships. Read more
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