Technology
The pace of business is accelerating. In 1860, the first westbound pony express trip left St. Joseph, Missouri for San Francisco and arrived 10 days later. Quite a feat, but this morning my email inbox filled faster than I could open messages. Or, even if the pace of business remains relatively steady, certainly the paceโฆ
Itโs a whole new retail game out there. Digital disrupters โ i.e., companies and/or people with digital models that disrupt a profitable, even booming, industry such as retail โ are the new normal. These companies generally make the same products and offer the same services as the companies theyโre disrupting, but make them readily availableโฆ
Welcome to a roundup of Total Retail Talks episodes! Total Retail Talks is Total Retailโs podcast channel, and it features interviews and insights from some of the leading minds in the retail industry. Check out our podcast channel page to learn more about all things happening in retail. Also, you can access Total Retail Talksโ episodes on iTunesโฆ
If you happen to be in Palo Alto, Calif. this week, check out the small consumer electronics store B8ta. Why? You'll be able to get a glimpse of retailing's possible future via Pepper, a robot from SoftBank Robotics. The robot greets visitors when they enter the store and can answer specific questions about particular products. It alsoโฆ
Procter & Gamble has concluded that using Facebook ads to target specific consumers has limited effectiveness. The biggest advertising spender in the world will now move away from targeted Facebook ads. Facebook has spent years developing its ability to zero in on consumers based on demographics, shopping habits and life milestones, but P&G Chief Marketing Officerโฆ
Pokรฉmon Go. Itโs so big right now it has its own meme catalog (itโs about 50 percent NSFW, so Iโll eschew the direct link, but please feel free to do some searches on your own), itโs sparked tens of thousands of social interactions and even if you donโt love it and spend time joking aboutโฆ
Rising interest in advanced retail technology is evolving the day-to-day role of in-store employees with every new available device. For example, automated assistants, such as the Loweโs or SoftBank robots, can help consumers find specific products, offer customized promotions, provide inventory updates and ensure secure payments more efficiently than most human associates. Innovative technology canโฆ
The number of changes hitting the retail industry are piling up like mohair sweaters on a sales rack in July. For the retail executive, just keeping up with the latest technology shakeout or millennial shopping shift can make the usual challenges of logistics, buying strategies and mobile sales promotion seem like a proverbial walk inโฆ
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GameStop has added more than 500 AT&T authorized retail stores to its tech brands business. Cellular World Corp., Midwest Cellular Inc. and Red Sky Wireless Inc. have been acquired to bring GameStopโs total number of AT&T authorized stores to just over 1,400. This move is part of GameStopโs plan to generate $1 billion in revenueโฆ