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Think Tank
Retail: Page 180
How Industrial IoT is Disrupting Supply Chains
Research into the "industrial" application of the Internet of Things finds unequivocally that IIoT is transforming supply chains. Most of the implementations have been by early adopters trying to get an advantage over their competitors. Projects have a number of different objectives, but typically fall into: more efficient operations; improved customer experience; or new revenue opportunities. -Dan Roberts, Senior Consultant, Cambashi Limited
Rising Freight Costs Are Weighing on Companies’ Profits
A number of U.S. companies told investors that rising shipping costs in recent months have cut into earnings.
Come for the Food, Stay to Buy Clothes? To Attract Shoppers, More Retailers Add Restaurants to Their Stores
Retailer Mark Werts was dining in a Hong Kong restaurant a few years ago when he noticed most people were doing more than chewing.
Innovations in Last-Mile Delivery
Meet the Young Robotics Entrepreneur Who Got a Dream Deal With Apple
Behind the bar of San Francisco's Four Seasons Hotel last March, a set of doors led into an empty cafe room where an unknown, 25-year-old British-Nigerian entrepreneur named Silas Adekunle was about to meet a senior executive at Apple.
Redefining the Retail Industry in China
Once known as the world's manufacturer, China has emerged as a destination for retailers from around the world to sell. A growing middle class with consumers willing to spend, Chinese retail sales grew 9.6 percent in 2016 and was on track to surpass that for 2017. Primarily fueled by e-commerce, retail is undergoing a big change and evolving in what is called O2O – online to offline. -Cathy Morrow Roberson, Founder/Head Analyst, Logistics Trends & Insights LLC
Survival Strategies for Brands and Traditional Retailers
This just in: People are still shopping in physical stores.
Traditional Retailers Struggling? It’s Not All Amazon’s Fault.
If you want an explanation of why brick-and-mortar retailers are struggling today, industry observers say, look no further than Amazon. But there’s more to the picture than that.
The Growth of Exclusive Brand Labels
Increasingly, the old, functional ways of operating across the supply chain are working less effectively. New ways of working have emerged, which put collaboration at the heart of establishing a powerful rapport with the consumer. Successful retailers understand this. The new creed is to work more effectively and efficiently, both internally and externally, to derive more value from the supply chain and, crucially, to get closer to the customer. -Nancy Marino, Senior Vice President, Tompkins International, and Chief Development Officer, MonarchFx
'Is It Shoplifting If It’s Not the Customer’s Fault?': Amazon Go Raises Questions for the Retail Industry
“Just walk out,” say the signs at the entrance and store windows at Amazon’s newest concept store. “No lines. No checkout. (No, seriously.)”
Signs of Progress in Nafta Talks, but Countries Remain Deeply Divided
Discussions to revamp the North American Free Trade Agreement moved from stalemate to actual negotiation during the sixth round of talks that concluded on Monday, but a deal was still far from guaranteed as Mexico, Canada and the United States continue to squabble over how to reshape the 24-year-old pact.
Your Next Running Shoes Will Be Custom-Built for You
After he attaches sensors to my ankles, shins, and knees, a technician at Brooks, the Seattle running shoe maker, asks me to do a series of knee bends and run a few steps on a treadmill equipped with a camera. The device will capture my motion with the goal of recording the biomechanics of how I run.
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