Innovation Labs
Lowe's Innovation Labs imagines, explores and accelerates the future of home improvement through the lens of emerging technology. Josh Shabtai, senior director of ecosystem at Lowe's Innovation Labs, spoke at Total Retail Tech 2024 earlier this fall to detail the work he and his team are doing to build innovative technologies that improve the experiences…
Baby brand Munchkin is known for inventing new patented products that provided unique solutions for busy parents. Steve Dunn, founder and CEO of Munchkin and CEO of parent company, WHY Brands, Inc., joined the Women in Retail and Total Retail Virtual Exchange on July 24 for an in-depth interview about the brand's story, including its…
Lowe’s announced last week that it has selected Charlotte, N.C. for a 2,000-employee global tech hub. The home improvement retailer said it's spending $153 million on the project. Lowe’s plans to create 1,600 jobs and bring about another 400 over from its headquarters office in nearby Mooresville, N.C. The retailer will be hiring for a…
Walmart has hired Scott Eckert to run its investment arm and startup incubator, Store No. 8, according to an internal memo from Marc Lore, the retailer's head of e-commerce on Monday, and obtained by Reuters. Eckert is a former executive of Bain Capital Ventures, where he evaluated potential new investments and advised CEOs about existing…
A store of the future should always be customer-first, open to new experimentation, and have a fluid and dynamic support system, at least according to Albert Vita, director of in-store experience and visual merchandising at The Home Depot. Vita addressed the topic during a conversation with Zivelo CEO Healey Cypher at the National Retail Federation's…
Scott Emmons, head of the digital innovation lab at Neiman Marcus, delivered a keynote presentation at Total Retail Tech in September. In this clip from Emmons’ presentation, he discusses the tech trends that the upscale department store is investing in, from augmented and virtual reality (e.g., makeup try-on tool available in-store) to personalization, which he…
Kroger is taking another major step to position itself ahead of competitors when it comes to e-commerce in the grocery industry. The company recently signed an agreement with the University of Cincinnati to operate an innovation lab at the college’s 1819 Innovation Hub. The goal of the partnership is to help Kroger continue to develop the…
In episode 161 of Total Retail Talks, recorded at the Customer Relationship Management Conference (CRMC) in Chicago, Scott Emmons, head of innovation lab, Neiman Marcus, details how the upscale department store chain is leveraging technology across sales channels to improve customers’ experiences, ultimately resulting in increased loyalty to the brand.
The retail arm of CVS Health has launched four pilot stores featuring a new in-store beauty format called BeautyIRL, according to a report published by WWD. Currently, two BeautyIRL test stores are located in Florida, and the others are in Andover, Mass. and Stamford, Conn. The new stores offer brands not typically associated with mass market…
Traditional retailers must commit to digital transformation in order to streamline, differentiate and enable new business models.