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Retail

How Computer Vision can improve retail operations and customer experience: Trax-Coresight Research

 

This report in collaboration with Coresight Research explores the challenges retailers experience with in-store execution, and shows how technology can enable smoother store operations. -from Trax

Amazon's New $5 Billion Headquarters -Tech Vision

 

When Amazon unveiled plans to build their new, second headquarters in 2017, the company received no less than 230 proposals - requests, really - from cities and states across the USA.

The Rise and Fall of American Malls -Bloomberg Quicktake

 

Part social gathering spaces, part retail meccas, malls were once the centerpiece of the suburban American experience. Now, faced with challenges from all sides, most are barely hanging on.

Shopping at Sears in the 1950s - Life in America

 

By the early 20th century, Sears was already a household name across the United States. Sears was innovative in founding some of our most familiar brands. -from Recollection Road

Retail Speaks: Seven imperatives for the industry

 

RILA / McKinsey Knowledge Partners analysis which identified seven imperatives that can give retailers the ability to adapt to a changing consumer landscape while pursuing new opportunities.

How Chewy Harnessed the Pandemic Pet Boom | WSJ

 

Online pet retailer Chewy has seen a surge of growth over the past year as millions adopted new pets. WSJ spoke with Chewy’s CEO to learn how the company handled the pandemic pet boom.

How The Barcode Made Our Modern Economy - The Lightbulb Moment

 

Barcodes have radically changed the world, helping fuel the rise of everything from massive companies like Walmart to major world powers like China. -from Cheddar

Are DoorDash, UberEats Good For Restaurants? -CNBC

 

DoorDash and Uber Eats, the two largest delivery apps by market share both saw their sales double from the end of 2019 to the end of 2020.

Burberry's first social-media store, in Shenzhen, China

 

Burberry teams with Tencent to launch luxury’s first social retail store. -from Inside Retail Asia

What Is Freshippo? -Alibaba Group

 

Learn about how Alibaba’s high-tech grocery chain is pushing the boundaries of the grocery shopping experience.

The future of shopping: what's in store? | The Economist

 

The pandemic has upended the way people buy—online retail has soared as high-street shops and malls close. Brands are now racing to exploit one of the most important weapons: their customers’ data.

Why Tipping Is An American Custom -CNBC

 

About 70% of tipped workers in the restaurant industry are women and about 45% are people of color. -from CNBC

Amazon… It Was Never About Books

 

On this episode of the Prof G Show, Scott Galloway discusses the legacy of entrepreneur Jeff Bezos.

The Speed of Zara Fast Fashion

 

Zara changes clothing designs every 2 weeks on average versus 2 to 3 months for others. It carries about 11,000 distinct items per year.

Why Supermarket Lines Are Intentionally Getting Longer - Cheddar Explains

 

Lately, supermarkets are switching to a new type of line and that line is much longer. However according to queueing experts that might not be a bad thing.

Behind Costco's Treasure-Hunt Shopping Strategy | WSJ

 

Costco is one of the biggest and most successful retailers in the country. In this video, WSJ dissects the wholesaler’s unique approach to doing business.

Why U.S. Malls Are Disappearing -CNBC

 

About a quarter of U.S. malls could close over the next three to five years, accelerating a trend that began before the pandemic. -from CNBC

AiFi Hybrid Solution: Computer Vision Powered Autonomous Store

 

Take a virtual tour of this 4000-sqft hybrid store, where shoppers can choose to shop autonomously (by checking in using an AiFi app) or continue to shop as usual with a cashier at checkout.

Inside Dubai's $20 Billion Dollar Mall -TheRichest

 

The Dubai mall is the second largest mall in the entire world. But when shopping gets old, check out the amusement park, go go-karting or skating on the Olympic-sized Dubai ice-rink, and more.

The Rise Of 7-Eleven -CNBC

 

With consumer behavior changing due to Covid-19, the convenience store industry could be on the verge of a profound change. -from CNBC