BBC on Retail Robots

CTOvision

This is a great video because it captures the state of robotics in the retail industry. It starts off with developments pioneered by Amazon in their warehouse and fulfillment centers, and also includes the safety devices used by humans who need to interact with these dangerous robots. The video also reviews robots in use in […]. Artificial Intelligence CTO News Robots

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Google launches suite of AI-powered solutions for retailers

Venture Beast

Google's new Product Discovery Solutions for Retail aims to address ecommerce challenges during the pandemic with AI and machine learning. Read More.

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Blockchain & the Retail Industry: Product Safety and Counterfeiting Use Cases

CTOvision

Falvey and Justin Porter explain the use of blockchain technology in the retail sector on Lexology: Blockchain is a digital, decentralized, distributed ledger that […]. Read Michelle Ann Gitlitz, Cheryl A.

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AiFi raises $15 million to accelerate cashierless retail

Venture Beast

AI Big Data Business Cloud Commerce Dev Enterprise Entrepreneur Mobile ai Aifi artificial intelligence cashierless category-/Business & Industrial computer vision funding daily machine learning retail

Retail 106

Amazon's Kicking Retailers While They're Down (Again)

GizModo VR

In case you haven’t heard, retail is in trouble. the retail apocalypse amazon retail

Google launches its Recommendations AI tool for online retailers

CTOvision

Google LLC said today that its Recommendations AI tool is now publicly available in public beta test mode. Recommendations AI was first announced in private beta in April 2019, and relies […].

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JLab 2017 retail startups describe tackling retail’s biggest challenges

Computer Weekly

This year’s cohort of retail startups in the JLab accelerator describe the retail challenges their businesses face and how the 2017 JLab differs from the rest

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The shift to contactless physical retail and promise of haptics for online retail

Trends in the Living Networks

Yesterday the Sunrise national breakfast TV program featured brief excerpts from an interview with me highlighting two related key trends: Physical retail is going contactless, avoiding touch where possible, and online retail is using haptics to enable touch and feel at a distance.

The shift to contactless physical retail and promise of haptics for online retail

Trends in the Living Networks

Yesterday the Sunrise national breakfast TV program featured brief excerpts from an interview with me highlighting two related key trends: Physical retail is going contactless, avoiding touch where possible, and online retail is using haptics to enable touch and feel at a distance.

Hands-on: Amazon Fresh grocery stores tease brick-and-mortar retail’s future

Venture Beast

AI Big Data Business Commerce Marketing Mobile Amazon Amazon Fresh Amazon Fresh grocery store Amazon.com category-/Business & Industrial Dash Cart grocery retail shopping supermarket

Retail 113

Are US Retailers Black Friday Combat Ready?

CTOvision

His post is also relevant to non-retail organizations and even government. The problem is that pricing is a bigger issue in US retail than anyone suspects. Our insights into the US retail ecosystem – based on real-time, comprehensive data feeds – proves that the majority of ecommerce sites are very slow at refreshing online prices. Sanjeev Sularia.

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Future Of Retail 2020: Retailers Will Create Bold Employee Experiences

Forrester's Customer Insights

To understand how Forrester’s predictions will unfold in the retail industry in 2020, my colleague Madeline Cyr and I interviewed experts within Forrester for our “Applying 2020 Predictions To Retail” series.

How Retail is Advancing AI, IoT

Information Week

Combining computer vision, IoT, and AI creates a system that delivers more value than those three technologies in isolation, as the retail industry is highlighting

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Vertebrae lets fashion retail websites offer AR try-ons, no app needed

Venture Beast

Fashion retailing has become challenging thanks to store closures and pandemic concerns, but web-based AR try-on tools could help stores sell more online.

How artificial intelligence is powering retail customer experience

Computer Weekly

Retailers are beginning to explore how cognitive computing and AI could make e-commerce smarter and more personalised

Is tech investment taking away retail jobs?

Computer Weekly

Jobs in retail are in decline, and many blame increasing costs and investment in technology – but what should retailers do to adapt to tech disruption

Retail 130

Cybercrime Against Online Retailers Skyrockets During COVID-19

SecureWorld News

And according to recent research, this pandemic has had a similar effect on cybercriminals against online retailers. Survey: 41% of online retailers experiencing a cybercrime increase. And as a world of consumers, this shift naturally applies to retail as well.

Retail websites riddled with security holes, researchers warn

Computer Weekly

Retailers urged to improve the security of their online stores amid a series of discoveries of cyber criminal campaigns to exploit vulnerabilities in retail websites

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Amazon opening cashierless Fresh grocery in London, its first physical retail store outside U.S.

GeekWire

Amazon is taking its physical retail ambitions and grocery store technology overseas, opening an Amazon Fresh store in the United Kingdom on Thursday. The store will be Amazon’s first brick-and-mortar retail operation outside of the United States.

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Microsoft is permanently closing all physical retail stores

Venture Beast

Microsoft will permanently close its retail stores and put its resources into online channels, after closing the outlets in late March due to COVID-19.

Retail 114

Retailers Catch Up with Technology Investments

Information Week

Retailers will invest more heavily in IT technology than other industries do in the coming years. Here's how this industry will leverage technology to take them into the future

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Fry’s Electronics expected to shut entire retail chain

Venture Beast

Fry's Electronics is expected to close its entire chain of electronics superstores nationwide at midnight tonight. Read More.

Retail 113

One million cyber attacks on UK retailers forecast for Christmas

Computer Weekly

Cyber attacks on internet shopping are expected to increase in the run up to Christmas, with a million attacks targeted at UK retailers alone

Retail 207

5 Questions Retailers Should Ask Before Using The Internet Of Things In Stores

CTOvision

Read Kass Dawson list five questions that every retailer who intends to use Internet of Things connected devices in their stores should be ready for on Ad Age : McKinsey estimates that by 2025, the potential economic impact of the Internet of Things (IoT) in retail could be anywhere from $410 billion to $1.2

Cybercrime against retail brands is up 41% during pandemic

Tech Republic Security

A dramatic uptick in scams, counterfeiting, and hacking plague retail and e-commerce industries during the coronavirus crisis, as businesses try to define their new normal

Retail 145

How bots impact retail and e-commerce

Tech Republic Security

Akamai CTO Patrick Sullivan explains how bots affect pricing and availability for various retail items. He also offers consumers advice on protecting themselves from fraud

Retail 108

How bots impact retail and e-commerce

Tech Republic Security

Akamai CTO Patrick Sullivan explains how bots affect pricing and availability for various retail items. He also offers consumers advice on protecting themselves from fraud

Retail 108

Amazon Go Ushers In A New Era In Retail Technology

Forrester IT

Becuase it gives shoppers back significant time savings and it gives retailers potentially enormous costs savings. Amazon's new Amazon Go store ushers in a new era in brick and mortar grocery and convenience shopping. In the early 80's, electronic point of sale (POS) dramatically changed the checkout experience in grocery stores, speeding up checkout lines.

Retail 272

Forrester’s US Retail Recovery Heat Map, March 2021 — Vaccine Rollout

Forrester's Customer Insights

Every month, we estimate how the retail economies of 30 major US metropolitan areas are recovering from COVID-19. This month, we added a new variable to our retail […]. Age of the Customer pandemic retail loyalty Retail Trends

Retailers urged to change approach to demand forecasting

Computer Weekly

To achieve optimal fulfilment performance, retailers must now forecast how consumers will shop and understand the influences behind purchasing decisions

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Lexer raises $25.5 million to unlock insights from retailers’ customer data

Venture Beast

Lexer, a customer data platform that helps retailers glean insights by unifying data from multiple sources, has raised $25.5 million. Read More. Big Data Enterprise VB Home Page category-/Business & Industrial category-/Computers & Electronics funding daily Lexer

Shoptalk 2017: Retail is dead, long live retail!

The Investing Edge

Discussion about the future of retail has never been more lively and opinions around what’s to come are diverse. Is retail dying? These topics and many others fueled interesting chatter last month, as Las Vegas flooded with everyone and anyone in the marketing and/or retail industries, attending conferences from Adobe Summit to Shoptalk and IBM Amplify. I met with and listened to panels of retailers, brands, technology vendors, consultants – you name it.

Permits connect Amazon to former New Seasons site in Seattle in latest physical retail expansion

GeekWire

Amazon Amazon Fresh Amazon Go Grocery grocery retailThe former New Seasons Market in Seattle’s Ballard neighborhood. GeekWire Photo / Todd Bishop).

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SoundCommerce raises $15 million for big data insights that help retailers compete with Amazon

Venture Beast

SoundCommerce, a platform that unifies retailers' data from across multiple systems to deliver insights, has raised $15 million. Read More.

10 Ways to Make Retail Training More Impactful

Kitaboo

The importance of retail stores can be seen with the emergence of new stores every year. NRF forecasts that retail sales in 2019 will increase between 3.8% How do you ensure that your retail staff provides a good shopping experience? Through retail training of course. Your retail staff interact with them and help them make purchases, assisting them in their buying journey. Did you know that 1 in 4 of America’s working teenagers works in retail?

John Lewis chooses three retail tech startups to receive 2016 JLab funding

Computer Weekly

Department store retailer John Lewis selects three retail tech startups to receive their share of the £200,000 JLab funding pot

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Future Of Retail 2020: Retail B2C Marketers Manage Influencers, Marketing Partnerships, And DTC Acquisitions

Forrester's Customer Insights

To understand how Forrester’s predictions will unfold in the retail industry in 2020, my colleague Madeline Cyr and I interviewed experts within Forrester for our “Applying 2020 Predictions To Retail” series.

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Consumers share their top frustrations about online retail purchasing

Tech Republic Security

People say they've abandoned purchases at online retail stores because of the hassle of dealing with passwords, according to the FIDO Alliance

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Statistics show retailers need to improve data security

Computer Weekly

Data breach statistics show retailers need to address customer data security ahead of the GDPR compliance deadline, a law firm has warned

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Future Of Retail 2020: Retail CMOs Must Invest In Total Brand Experience

Forrester's Customer Insights

To understand how Forrester’s predictions will unfold in the retail industry in 2020, my colleague Madeline Cyr and I interviewed experts within Forrester for our “Applying 2020 Predictions To Retail” series. Madeline Cyr: CMO positions at retailers and […].

Customers can keep certain products under new retailer return policies

TechSpot

The uptick in online shopping over the past year has prompted some retailers to rethink how they handle returns

The State Of Alternative Payments Acceptance In UK Retail

Forrester's Customer Insights

The availability and use of digital and contactless payments increased during the 2020 pandemic, driven by the need for more hygienic contactless payment options and a large proportion of retail being forced online amidst lockdowns. Age of the Customer Digital Payments digital retail UK

Europol hosts simulated cyber attack on retail sector

Computer Weekly

Europol and MasterCard hold a retail cyber attack simulation exercise to raise awareness of the issue and how to respond to attacks, as well as promote information sharing in the sector

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