Amazon failed Ted Mann, CEO of Slyce, a visual search firm, when it came to the cheesy sweater — the one with, in his words, “little teddy bears all over it.” He tried in vain to search via text for that product, a wedding anniversary gift for...
To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. Clothing stores, in particular, are trying out new ways to showcase and sell items. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores....
While millions of tech-savvy consumers spend countless hours staring at their mobile devices or desktop computers to find the latest online sale for electronics or groceries, there are millions more who like to touch and feel goods at their neighborhood outlet, and often need to...
Innovation in retail isn’t just about delivering on customer expectations – that is more or less just managing the table stakes of retail at this point. Retailers that don’t live up to expectations can reasonably expect to lose their customers to merchants that do. To...
April 09, 2019
Amazon failed Ted Mann, CEO of Slyce, a visual search firm, when it came to the cheesy sweater — the one with, in his words, “little teddy bears all over it.” He tried in vain to search via text for that product, a wedding anniversary gift for pals who apparently have a good sense of humor. How […]
May 10, 2019
Nike is launching a new service within its app that will scan a user’s feet to determine their correct shoe size. Nike Fit in North America will officially launch in July. The company said it sees a real need for the service since, at any given time, 60 percent of consumers are wearing the wrong […]
July 23, 2018
Marking a departure from its do-it-yourself business model, IKEA plans to have a 150-person assembly team for its first store in India, located in Hyderabad. The company decided to create the...
April 09, 2018
Adidas, the German sportswear company, is gearing up to close stores to focus on investment in digital initiatives, as it aims to meet an ambitious goal of more than doubling...
