From retailers creating community-based hubs, focused on social currency and connectivity, to pure-play giants launching physical spaces for an immersive brand experience, retail stores are being reimagined Read more in raconteur Five brands pioneering the immersive retail experience By Emily…
retail
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talk the trends
The Fall of the High Street and the Rise in Importance of Data By Martin Doyle
16 March 2019Views: 877As retail businesses are closing down their storefronts on the high street, they are focusing more and more on online sales. With this change, comes an influx of useful data to retailers that must be stored and made good use…
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After years of skepticism in an industry that’s been long underpenetrated by e-commerce, grocery retailers made strides in the rollout of curbside pickup and same-day grocery delivery, signalling change for an industry that once appeared to be immune to the…
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Welcome back to our first retail opening round-up of 2019. Read more in Insider -Trends
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Requiring only an app to get started, Hero means that store associates can make more of quiet periods in-store by using their selling and relationship-building skills live online. The results speak for themselves. Hero reports a ten times higher conversion…
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“It’s only by working with Ikea, we can tuck that sound into the furniture in hidden ways, that we could really stop people thinking about the speaker, and start thinking about the sound,” Sara Morris, product manager at Sonos Read…
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Digital transformation is ultimately defined by the value of information, so addressing this soaring volume of unknown files with appropriate data management tools is crucial in turning that data into genuinely useful insights for the business. Read more in raconteur…
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R-etail
Quickdraw: Flying robot scans shelves faster than clerks, ground robots By Greg Nichols
24 January 2019Views: 863Pensa, a company that makes an autonomous mobile perception system to track inventory in stores, has $5 million in additional funding after a newly-announced round. With a total funding of more than $7 million, Pensa is now a contender in…
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Over the last three years, thousands of stores shuttered–and dozens of companies went bankrupt. In 2017 alone, 7000 stores closed their doors, and many brands with large retail footprints filed for Chapter 11. Read more in Fast Company The surprisingly…