In-Store Technology
With reports of store closures dominating the retail headlines in 2017, opening a brick-and-mortar location may seem like a bit of a risky proposition. But YETI, the leading premium cooler and drinkware brand, bucked the trend and opened its first store in Austin, Texas earlier this month. The store is a one-of-a-kind retail environment that…
Millennials are a powerful demographic for retailers. Today, there are around 80 million millennials in the U.S., representing 25 percent of the population. Accenture estimates that millennial shoppers’ annual spending will reach $1.4 trillion by 2020. Within a few years, millennials will “truly come into their own” in terms of spending power, accounting for 30…
Millennials are a powerful demographic for retailers. Today, there are around 80 million millennials in the U.S., representing 25 percent of the population. Accenture estimates that millennial shoppers’ annual spending will reach $1.4 trillion by 2020. Within a few years, millennials will “truly come into their own” in terms of spending power, accounting for 30 […]
Tune in to learn how to use digital experiences to capture the interest, loyalty and dollars of Generation Z and millennial consumers.
In episode 75, Anthony Hoang, former chief information officer at Evereve, a contemporary retail brand that specializes in styling moms, discusses how the company is leveraging long-term evolution (LTE) Wi-Fi in its brick-and-mortar stores, and the impact that the technology is having on the shopping experience. Learn how Evereve is using technology to bridge online and…
2017 is a new chapter in the omnichannel customer experience, with tech advances reconnecting retail in ways that exceed expectations.
Rebecca Minkoff will launch a program to fund retail technology companies with venture capital firm Quotidian Ventures to identify new tech talent — a move aimed at nurturing the kind of startups and tech enterprises that enabled Minkoff to create the Rebecca Minkoff connected flagship stores in early 2015. The announcement was made at the National…
Under Armour’s brand mission is “to make all athletes better.” To Under Armour, athletes can be kids playing T-ball, student athletes in college, professional athletes or the everyday human trying to better himself or herself. The brand wants to empower athletes to be their best. For starters, Under Armour acquired nutrition and fitness tracking app…
Amazon.com has built a convenience store in downtown Seattle that deploys a gaggle of technologies similar to those used in self-driving cars to allow shoppers to come in, grab items and walk out without going through a register. The 1,800-square-foot store, officially dubbed “Amazon Go,” is the latest brick-and-mortar initiative from the e-commerce giant, which already…
Starbucks CEO Howard Schultz is stepping down from that position effective April 3. However, he’s not leaving the company completely — he will become executive chairman, focusing on innovating the company's premium offerings and on social impact. The company’s current COO, Kevin Johnson, will take over the chief executive reins when Schultz steps down. Schultz told…