Innovation Labs
Amazon.com is reportedly working on an an ambitious, top-secret plan to build domestic robots. According to a report in Bloomberg, the project is code named โVesta,โ after the Roman goddess of the hearth, home and family, and is being overseen by Gregg Zehr, who runs Amazonโs Lab126 hardware research and development division. Lab126 is responsible forโฆ
The retail industry has a major impact on the U.S. economy. According to the National Retail Federation (NRF), one in four American jobs are supported by the retail industry. Despite the retail industryโs prominent position in the economy, traditional brick-and-mortal retailers are under a pressure unlike any other industry to digitally transform their businesses. Withโฆ
Wal-Mart's Code Eight, the first portfolio company in its newly launched incubator, Store No. 8, has started testing personal shopping services for moms in New York City, Recode reports. The service is targeted to โbusy NYC moms โ who are "high net worth urban consumers" and will enable them to get product recommendations and make purchases simply through text messaging. Theโฆ
Augmented reality (AR) and virtual reality (VR) bring the potential for entirely new shopping experiences and new kinds of added value. They are the gateways to โv-commerce,โ a blend of brick-and-mortar retailing and e-commerce. L.E.K. Consulting recently surveyed 1,000 consumers who were aware of AR and VR technology. The results offer an initial look atโฆ
Lowe's is expanding its "Smart Home powered by b8ta" connected-home shopping experience to 70 stores nationwide. The store-within-a-store concept, which was developed in partnership with software-powered retailer b8ta, features a curated selection of smart home products โ e.g., security systems, thermostats, cameras, lighting equipment, speakers โ that shoppers learn about and try before making aโฆ
Beauty retailer Sephora has promoted Mary Beth Laughton to executive vice president of U.S. omni retail. Previously, Laughton was senior vice president of digital. โMary Beth is a visionary and strategist with a deep understanding of how customers are evolving,โ said Calvin McDonald, chief executive officer and president of Sephora Americas. โDuring her time atโฆ
Imagine youโre watching a music video and the artist is wearing a top or pair of shoes that you really like. You could get inspired and search for โblack-and-white striped blazerโ or โleather jacket with cloth hood.โ However, those searches can yield thousands of results without giving you the exact item you saw in theโฆ
Several months after murdering his wife, Dr. Hawley Harvey Crippen boarded a transatlantic steamer. The year was 1910, and as far as getaways went back then, Crippenโs plan to flee the jurisdiction and start a new life on another continent was an excellent one. What he didnโt count on, however, was a relatively new technologyโฆ
In the real world, the big usually eat the small. The strong eat the weak. The fast outstrip the slow. But in startup culture, disruption and innovation are inextricably linked with smaller companies backed by private funding. In the typical narrative, large, publicly traded companies are cast as defenders of the status quo โ andโฆ
Total Retail is excited to present its seventh annual ranking of the 100 fastest-growing publicly traded retailers. This yearโs list, as in years past, is based on companiesโ year-over-year net sales growth, comparing the 2016 fiscal year to the 2015 fiscal year.