Tech: AR and VR

  1. Data & Insights
The holiday season encompasses the next three months in the form of Halloween by the end of next month to Christmas and New Year by the end of the year. But the most important or ‘peak’ holiday season lies between the two (in November this time) in the form of Black Friday and Cyber Monday […]
  1. Shopper & Customer
By Christoph Wagner, CEO, Scanbot SDK GmbH The retail industry is facing seismic shifts, and the Covid-19 pandemic has been rocket fuel for changes in customer demands. Today, digital and contactless shopping experiences are just part of everyday life for many – especially amongst the younger generations. 🚀Retail x Mobile Barcode Scanning Are you still […]
  1. Technology & Innovation
Home improvement retailer Lowe’s has unveiled its interactive retail digital twin in two stores and will open its virtual 3D product catalog to populate this new technology in the coming weeks. Lowe’s digital twin is powered by the NVIDIA Omniverse Enterprise, which allows associates to engage with a store’s digital data to optimize operations and […]
  1. Shopper & Customer
We’ve all witnessed the pandemic’s devastating effects on retail shopping and the significant downturn in customer foot traffic in-store, but experts now point to a major shift in customer behavior. Recent figures, including the consumer stats we’re always monitoring at TrueSource, show that customers are returning to brick-and-mortar locations — some experts even forecast a record sales […]
  1. Data & Insights
Though brick-and-mortar continues to be the dominant channel in retail, consumers are becoming more channel-agnostic in the way they shop. E-commerce has long been a growing avenue for retail with a global market share that is expected to balloon to $5.5 trillion this year, an increase of almost 18% over the last two years; according […]
  1. Technology & Innovation
With an estimated market value of more than $1 trillion in yearly revenue, the metaverse is quickly emerging as a significant opportunity for brands to engage customers and create a community of loyal advocates. While it provides a wealth of marketing opportunities, the metaverse — a set of interconnected virtual reality (VR) worlds where people […]
  1. Shopper & Customer
In the restaurant business, they say that “People eat with their eyes first.” That means that even if the food is cooked perfectly and is delicious, a bad presentation can put someone off before they even try it. Retailers and brands are facing the same challenges. You might have the best products or prices on […]
  1. Technology & Innovation
Perfect Corp. has partnered with Colgate for the launch of an algorithm to bring the results of the brands’ Colgate Optic White Overnight Teeth Whitening Pen to life through augmented reality technology. The tool simulates tooth whitening results that may be achieved with the aforementioned product after two weeks of use. “We are excited to […]
  1. Shopper & Customer
The pandemic kickstarted an omnichannel shopping trend, with 60 percent to 70 percent of consumers researching and purchasing both in-store and online. At the same time, customer experience remained king. As consumers become increasingly demanding and accustomed to the ease and convenience of shopping online, physical retail stores are having to step up their game. […]
  1. Trends & External Forces
It’s time to recession-proof your brand. Recent economic reports highlight market issues like higher inflation, interest rate hikes, lower consumption, layoffs, and reduced hiring. Together, these trends point toward an economic slowdown and potential recession.1 Kelly, Jack. What You Need To Know About Layoffs, Hiring Freezes, Inflation And A Possible Recession. Forbes. June 23, 2022. […]
  1. Technology & Innovation
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. YC had its biggest news in years this week: Garry Tan will be the new president and CEO of the organization, starting January 2023. Tan co-founded and helped scale Initialized Capital to […]
  1. Shopper & Customer
Put simply, headless commerce is an ecommerce system that decouples the front-end web system from the ecommerce back-end engine. Most digital stores are built on ecommerce engines that provide both the product offering and processing engine, which is directly integrated with the website, and storefront. A headless ecommerce platform has the front end (or “head”), […]
  1. Department: Consumer Durables
In celebration of Nike’s 50th anniversary, BUCK has partnered with the company’s Global Brand Experience team to bring its past, present, and future to life through a WebAR experience. Powered by Zappar’s ZapWorks platform, this provides a portal into the Department of Nike Archives for visitors to Nike stores. Through the virtual display of culturally […]
  1. Technology & Innovation
It may sound futuristic and ahead of its time, but the metaverse is set to transform the way we connect, discover, shop and buy. In fact, the advent of shared virtual spaces could be as significant for commerce as the rise of social media was over a decade ago. It’s true that some retailers and […]
  1. Media & Marketing
Meta, formally Facebook, has officially rolled out what it’s calling Meta accounts and Meta Horizon Profiles. The global launch will be gradual, but both “accounts” are to be used in place of the personal social media account logins — Facebook and Instagram — once used to log in to the company’s virtual reality (VR) system.  […]
  1. Shopper & Customer
Merchants in the U.K. need to step up their game when it comes to providing customers with the cross-channel and digital shopping features that can make their shopping experiences faster and more convenient. According to data from the U.K. edition of the 2022 Global Digital Shopping Playbook, part of a larger survey of 3,100 businesses […]
  1. Technology & Innovation
John Carmack, the game developer who co-founded id Software and served as Oculus’s CTO, is working on a new venture — and has already attracted capital from some big names. Carmack said Friday his new artificial general intelligence startup, called Keen Technologies, has raised $20 million in a financing round from former GitHub CEO Nat […]
  1. Media & Marketing
American Eagle Outfitters has announced American Eagle (AE) initiatives across Meta Quest 2 and a campaign with TikTok’s SoundOn platform. AE recently launched its fall 2022 Back To School (BTS) campaign featuring Gen Z musicians Blu DeTiger, spill tab, duo Tabakian x Tanisako. It is delivering music experiences in the metaverse, in-store activations, and a […]
  1. Technology & Innovation
Brick-and-mortar retail is in a technology boom. While innovations like self-checkout, mobile apps, and digital kiosks were already popping up in stores, the pandemic only accelerated the adoption of new technologies to connect with customers and keep them safe. Despite focusing on face-to-face interactions and physical products, brick-and-mortar retail’s past is filled with technological innovation […]
  1. Technology & Innovation
RTIH asks major players in the retail technology space for their thoughts on the sector, and throws in a random question to keep them on their toes. This time around, our five questions go to Playrcart Founder Glen Dormieux. RTIH: Looking at the hottest retail technologies right now, check-out free stores, rapid delivery services, the […]
  1. Shopper & Customer
The pandemic pulled forward a decade’s worth of digital innovation into a single year. As a result, retailers and brands scrambled to shift their customer experiences online and set up new capabilities to reflect a multichannel approach to sales that seeks to provide customers with a seamless shopping experience — online from a desktop or […]
  1. Trends & External Forces
In many industries particularly “White-collar” ones the era of “bosses” is in decline. There is a rise in the need for leaders, guides, coaches, mentors, role-models, creators, and builders. Less of a clamoring for bosses, managers, controllers, monitors, evaluators, and paper pushers. This shift has been driven by changing demographics, the spread of technology, the […]
  1. Technology & Innovation
Meta is using its innovations in virtual and augmented reality to launch ‘Queens of the Metaverse’, a first-of-its-kind mixed reality drag show. According to the tech giant, the show will… The post Meta presents first-of-its-kind metaverse drag show appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Media & Marketing
In a recent Wall Street Journal interview with Brian Cheskey, CEO and a founder of Airbnb, reporter Preetika Rana discussed the way in which Airbnb survived during the pandemic and is now flourishing. Although there were several financial measures that Airbnb employed to sustain itself during the crisis of Covid lockdowns and quarantines, one of […]
  1. Trends & External Forces
Love ‘em or loathe ‘em, dating apps are now an ubiquitous part of our daily lives. Since the early 2010’s, apps such as Tinder, Hinge and Bumble have become singletons’ first port of call when trying to find a romantic partner. And if you’re a user of any of these aforementioned apps or are merely […]
  1. Technology & Innovation
As part of a series of interviews with those who made it on to the RTIH Top 100 Retail Technology Influencers List, we discuss QR codes, automation and Inflation and the possibility of a recession with Michelle Grant, Senior Manager, Strategy and Insights, Retail and Consumer Goods at Salesforce. RTIH: What’s does recognition as a […]

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  2. Corporate Strategy
  3. Owned Brands (Private Label)
CFO Richard Galanti says customers not trading down to private label Costco Wholesale has followed up one strong fiscal year with another. The Issaquah, Wash.-based warehouse club chain posted double-digit net and comparable sales growth for its fiscal 2022 fourth quarter and full year, while topping Wall Street’s consensus earnings-per-share forecast for both periods. Related: Costco […]
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  2. Channel: Ecommerce & Digital
  3. Channel: Mass
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RTIH rounds up the retail systems ventures whose funding rounds have been making headlines, including Swiftly, Ryft, Instant Commerce, and 1MRobotics. 1. Ryft Ryft, a PSD2 compliant payments system firm, has raised a seed round, led by SFC Capital. Additional investors include the ex-founder of Shutterstock and the founder of LoveFilm. This brings Ryft’s total […]
  1. Operations & Supply Chain
  2. Channel: Mass
  3. Corporate Strategy
  4. Media & Marketing
  5. Shopper & Customer
  6. Retail Operations
  7. Holiday & Events
  8. Merchandising
  9. Operations & Supply Chain
Axios reports that “Walmart+ members in some U.S. markets will be able to schedule to have returns picked up from their doorsteps starting the first week in October … ‘Return Pickup from Home’ is scheduled by app.” Walmart says that “members won’t need to provide a box or a label – simply hand off the […]