Retail
Omnichannel strategy, e-commerce tech, and in-store innovation.
All Articles
Watch: Bolt Threads Is Aiming To Create Sustainable Apparel
Bolt Threads, a biotech company based in Emeryville, CA, creates sustainable materials for the apparel industry. This is an important development, since the apparel industry is the second largest polluter of any industry. Bolt Thread’s first product, Microsilk, is a synthetic spider silk produced without spiders. Yeast genetically engineered with spider DNA produce silk proteins…
Listen: Marriott to Expand Retail Presence
Marriott International and the retail real estate company Simon are partnering to open 5 new hotels near shopping and restaurant locations. Patrick Peterman, VP of development and asset intensification at Simon said, “There is a great synergy when you combine Marriott’s innovative hotels and Simon’s exciting shopping, dining, entertainment and mixed-use properties… The uses…
PLAYTIME to Attend RECon, the World’s Largest Show for the Retail Real Estate Industry
The modern retail real estate location has to be much more than just a store. It needs to be an experience. Shoppers continue to help e-commerce profits soar, but that doesn’t mean they don’t shop at brick and mortar locations, especially when you add unique ways to engage. One of which is through play areas…
Listen: Toys R Us to Sell Intellectual Property
Toys R Us is looking to sell off its intellectual properties, creating what experts say to be one of the best brands to ever be sold by a company going out of business. Domains such as lodges-r-us.com, burgers-r-us.com and even cigars-r-us.com are going to be up for sale as Toys R Us is in…
Watch: Amazon to Expand ‘Amazon Go’ Stores to Chicago, San Francisco
The company confirmed it is opening up two more of its cashier-free grocery stores in the cities. At the moment, the only other Amazon Go store opened in Seattle in January. The store, which has human employees to restock shelves, check IDs and more, using an array of sensors and cameras to track customers and…
Listen: Hotels Are Embracing Pop-Up Shops in Different Ways
With retail stores, restaurants and museums showing pop-ups to be a viable and profitable move, hotels are now doing the same, hosting pop-up shops in their spaces and creating luxury temporary rooms.
Listen: Target Testing New Distribution ‘Flow Center’
Target is testing the old adage that “Sometimes less is more”, with a new distribution model. The retailer is examining a project called a “flow center”. This small-format, quick-response pilot program is being cultivated in the Perth Amboy, N.J. warehouse. The main goal for this project is to shorten the in-store replenishment cycle from…
Watch: Target to Test New Distribution ‘Flow Center’
Retail giant Target is testing a new distribution strategy aimed at speeding up its distribution and restocking, in an attempt to compete with Amazon and Wal-Mart. A new ‘Flow Center’ is designed to trim down inventory and tailor it for each individual brick-and-mortar store. Target is putting a greater emphasis on digital retail and is…
Listen: SuperMoney’s New Point of Sale System is Helping Small Businesses
US-based startup SuperMoney revealed it’s new point of sale system which will help small businesses better manage their finances. It not only links businesses with banks for the most effective financing offers, but makes them more transparent for customers, too.
Watch: A Credit Card by Apple and Goldman Sachs is in the Works
On Thursday, ‘The Wall Street Journal’ reported the two entities are partnering for a credit card that would launch in early 2019. Apple’s current card is with Barclays. The report also claims the partnership will allow Goldman to offer in-store loans to Apple customers buying iPhones and other devices.
Retailers Turning to Digital Experiences to Attract Millennials, Others
Retail businesses may wonder the degree to which AV applications are influencing their industry, whether it is worth making the investments and if those investments can help them survive the increasing presence of online retail. While a certain percentage of shoppers are moving online, there are still consumers who are interested in visiting brick-and-mortar stores….
Watch: New Best Buy Logo Reflects Retail Trends
Electronics and home appliance retailer Best Buy has changed its logo. In a move that reflects the rise of e-commerce and slowing down of brick and mortar stores, Best Buy shrunk the size of its famous price tag emblem. A spokesperson for the Minnesota-based retail giant said the logo represents, “an evolution toward the future.”…
Rise of the Rest Road Trip Puts Dallas Entrepreneurs in Spotlight
Dallas has become a popular location for startups in recent years, especially for Cameron Johnson, who secured $100,000 of funding for his company, Nickson, on Monday by winning a pitch competition put on by the Rise of the Rest Road Trip. The tour, hosted by AOL co-founder Steve Case, showcases local entrepreneurs and stopped by…
Watch: Apple Inc. on Track to Become First Trillion-Dollar Company
Apple’s stock rose 1 percent on Monday, raising the company’s market cap to an estimated $908 billion. The company sold more than 50 million iPhones last year, which accounted for $38 billion of the company’s $61.14 billion revenue. Apple is the only U.S. company to come close to the trillion-dollar threshold.accounting
What the Recent California Supreme Court Ruling Means for Our Industry
While some cases within the United States judicial system make headlines across the country, others get less coverage. Although the recent ruling in the Supreme Court of California on A1 Vs. Heckart didn’t make the front page of the major papers, it will have positive implications for On The Move, our customers, and the end…
Reply.ai Improves Customer Service with Conversational AI Bots
Clara de Soto is Co-Founder of Reply.ai, a company that produces conversational bots for businesses to improve customer experience. In addition to being the co-founder, de Soto heads up strategy, marketing, business development, and strategic partnerships. With retail moving more and more toward embracing customer support as an extension of the sales process, de Soto…
How Digital Signage Creates Opportunities for Retailers
Retailers face numerous challenges in the 21st century, notably competing with ecommerce giants like Amazon and others. Consumers have many options available with a click of a mouse. Even when competing with other traditional brick-and-mortar retailers, the fight for “wallet share” has never been so intense. How can retailers stand out from the crowd and create…
Small Business Retailer Uses Technology to Run Efficiently, Promote His Brand
Trend Up, a boutique men’s fashion store in Buffalo, NY, faces many of the same problems as other small businesses. With online retailers grabbing more and more market share, efficiency is critical to the survival of shops like Trend Up, started by Giovanni Centurione in March, 2016. One of the things Centurione noticed about clothing…
Watch: Seaga Debuts New Beverage Vending Machine
Today, Seaga released its latest multi-beverage vending machine; The Prosper. The Prosper optimizes floor space, without compromising product variety, for an overall increased product margin. The machine features 18 selections and allows an extensive product range of 8 oz. to 20 oz. beverages. There’s even a media player option to further enhance the purchasing experience!…
Watch: Amazon to Add 2,000 Jobs in Boston
Amazon announced this week that it will be adding 2,000 jobs to it’s Boston tech hub. The city has been in the news lately as a candidate for the company’s second headquarters but regardless of that decision, Amazon is continuing to invest in Massachussetts’ capital substantially with this move.
The Mobile Revolution Has Left the Hourly Retail Worker Behind
I recently wrote an article that was featured on RIS News: The Mobile Revolution Has Left the Hourly Retail Worker Behind, But Conversational Computing Brings Hope. In the article I discuss how the 4th largest employment sector, hourly in-store associates, has been left behind in this new generation of retail. The mobile revolution has transformed the…
Digital Signage Influences Shopping Behavior
Today’s shoppers love digital. They notice it, remember it, and are influenced by it. In fact, in a longitudinal study initiated by Deloitte, the percentage of in-store sales influenced by digital grew from 14% to 36% to 49% respectively in 2014, 2015, and 2016, with a projection of 90% or more by the year 2020….
Watch: Amazon Prime Membership Rises to $119
Amazon Prime Membership Rises to $119 The e-commerce giant made the announcement Thursday and said the annual price will go into effect on May 11. The price increase will apply to renewals on June 16. Amazon Prime has been expensive for the company to fund, especially with the number of products with free two-day shipping…
Watch: Ben & Jerry’s Delivers In-Store Audio and Augmented Reality Activation
Ben and Jerry’s ice cream partnered with Shazam and POSMusic earlier this month to enhance it’s ‘National Cone Day’ in Australia and New Zealand. The ice cream brand used an integrated in-store activation combining curated playlists, audio messaging, and a specially created augmented reality experience while customers waited in line. Audio messages in the store…
New to MarketScale?
MarketScale is the B2B media platform Retail companies use to publish their own experts. The coverage above is produced on it. Fifteen minutes with our team and you'll know if it fits.