Tech: IoT

  1. Channel: Drug

Cooler Screens Partners With Place Exchange to Connect Brands With Programmatic In-store Advertising

Cooler Screens, which is creating the world’s largest in-store digital media platform, unveils a partnership with Place Exchange for programmatic ad buying opportunities of in-store media for omnichannel ad campaigns.
3 min read
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  1. Data & Insights

Nexite raises $67M for its new approach to tagging and tracking merchandise in physical stores

When it comes to commerce innovation, physical retail often feels like it gets the short end of the development stick against newer, faster-growing, more quantifiable (and still far from perfect) digital channels. But physical retail is far from disappearing altogether, and today a company that’s built a solution very specifically targeted at improving data around […]
5 min read
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  1. Technology & Innovation

Why Retailers Should Use Zero Trust to Combat the Surge in Ransomware

Ransomware in retail is arguably the closest the public gets to seeing the devastation of cyberattacks. One day everything at the local grocery store is normal; the next, it can’t process card payments, restock shelves or perform even the simplest of automated tasks. One week, children are enjoying their favorite snacks; the next, the products […]
3 min read
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  1. Media & Marketing

Firework taps former Gap, PayPal exec to lead global engineering team

Livestream commerce platform provider Firework has announced the appointment of Shivkumar Krishnan as VP of Engineering. He joins from Gap, where he served as Global Head of Engineering for Stores Technology, led the modernisation of in-store legacy technologies to native mobile and cloud technologies, and later headed up all aspects of design, assortment, franchises, and […]
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  1. Technology & Innovation

Home Depot Launches $150M VC Fund to Fuel Retail and Home Improvement Innovation

The Home Depot has introduced Home Depot Ventures, a $150 million venture capital fund designed for early-stage companies aiming to improve the customer experience and shape the future of home improvement. “With Home Depot Ventures, we’re lending our support and expertise to enable rapid scale of innovation,” said Richard McPhail, EVP and CFO at The […]
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  1. Data & Insights

7 Tips to Successfully Manage a Retail Co-op

Values related to sustainability, community, and corporate social responsibility (CSR) have become front and center for consumers, which is why many brands have ramped up their CSR efforts over the last few years.  However, it’s worth pointing out that some retailers have long been prioritizing these values.  We’re referring to co-op stores. Also known as […]
6 min read
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  1. Technology & Innovation

For Retail and Hospitality, Fortified Cyber Security Measures Are More Critical Than Ever Before

Although the digital evolution has been in motion for decades, the last two years of mobile acceleration have spurred innumerable new cybersecurity threats that continue to grow in both volume and sophistication. The retail and hospitality sector has been particularly vulnerable to cyber threats, with fast casual and quick service restaurant chains topping a long […]
3 min read
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  1. Data & Insights

5 Ways AI Can Transform the Retail Industry: Examples and Benefits

The retail industry has been undergoing a digital transformation for years. It has improved in speed, efficiency, and accuracy, thanks, in large part, to improved data and predictive analytics technologies that allow firms to make data-driven business decisions. None of these insights would be possible without the internet of things (IoT) and, more importantly, artificial […]
4 min read
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  1. Technology & Innovation

AWS Announces General Availability of AWS IoT TwinMaker

New service makes it faster and easier to create digital twins of real-world systems like buildings, factories, industrial equipment, and production lines—helping many more customers build applications that use IoT and data to improve operational efficiency and reduce downtime Siemens, Carrier, and
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  1. Technology & Innovation

Digital-first Small Businesses Are Better Prepared for the Future

When it comes to staying ready for whatever lies ahead, digital-first small businesses have a leg up. We recently surveyed 200 small and medium businesses (SMBs) to learn how adopting digital work — with both their tools and culture — are better positioned to thrive than their less tech-savvy counterparts.  Digital-first refers to businesses that […]
5 min read
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  1. Shopper & Customer

Retail’s Journey Toward Personalization

The COVID-19 pandemic exacerbated the many issues affecting brick-and-mortar stores: retailers large and small closed a record-breaking 12,200 stores in the U.S. in 2020. But not everybody lost. The clear winners in retail were organizations that had invested in new ways to interact with their customers, finding new ways to personalize the shopper’s experience across […]
4 min read
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  1. International

Burroughs Accelerates Growth with Rapid Expansion in Canada

Burroughs, Inc., North America’s largest independent services partner for the full lifecycle management of cash automation, self-service, IoT, and related technology solutions has expanded its field service operations throughout Canada.
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  1. Data & Insights

Competition Highlights Future Retail Use Cases for 5G XR

Emerging technologies that will help retailers serve customers inside and outside the physical store are being highlighted in a worldwide competition hosted by T-Mobile U.S. and T-Labs, the research and development unit of Deutsche Telekom.  Dubbed the “T-Challenge,” the contest invites entries that aim to transform the retail industry by deploying 5G-powered extended reality (XR) […]
2 min read
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  1. Technology & Innovation

Are Brands Entering the Metaverse Headed for the Wild, Wild West?

The metaverse is here. In fact, it has been for quite some time. While most of us may have just learned of the term “metaverse,” those born in 1997 and after (Gen Z and Alpha) have grown up with it. For them, the idea of interacting, learning, conversing and even buying in a virtual universe […]
5 min read
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  1. Shopper & Customer

Customer Obsession: Being Real, Sensitive, and Personal is a Requirement Now

The latest post to take LinkedIn by storm wasn’t an announcement about a startup raising millions in funding or an A-list executive joining the board of an industry titan. Rather, a highly personal story by self-employed writer, Niharikaa Kaur Sodhi, quickly went viral on the professional social networking site. Sodhi shared her courageous journey during […]
4 min read
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  1. Technology & Innovation

Internet of Things Market size to increase by USD 695.38 billion | Industrial segment to offer significant growth opportunity | Technavio

NEW YORK , March 10, 2022 /PRNewswire/ — The global internet of things market size is expected to increase by USD 695.38 billion between 2020 and 2025. The market witnessed year-over-year growth of 18.97% in 2021. However, the growth momentum is expected to decelerate at a CAGR of 13.77%…
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  1. Technology & Innovation

What to Know for Creating a Truly Connected Retail Experience

In 2022, gaining customer confidence and business will require proactivity and transparency from retailers. Proving sustainability efforts (as well as environmental, social and governance credentials), finding ways to solve supply chain issues, and communicating brand loyalty will top every retailer’s checklist this year. There won’t be any slowdown of competition. In fact, there will be […]
4 min read
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  1. Data & Insights

Doorcounts™ Selects alwaysAI® as Its Computer Vision Partner for Real-Time Retail Analytics

Doorcounts, an Oregon-based SaaS company, and computer vision platform leader, alwaysAI®, announced a strategic partnership to provide ground-breaking computer vision analytics for brick and mortar retailers across a wide array of industries including home furnishing, mattress, footwear, quick service restaurants, and more.    “This partnership enables Doorcounts to bring cutting-edge technology to market faster,” says […]
3 min read
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  1. Technology & Innovation

NRF 2022 Solution Spotlight: Wiliot

RETHINK Retail’s Solution Spotlight shines a light on industry vendors and what makes them distinct. This vendor spotlight is on Wiliot. The Wiliot Platform combines cloud services and IoT Pixels, computing elements that can power themselves by harvesting radio frequency energy. This revolutionary mixture of cloud and semiconductor technology is being used by some of […]
3 min read
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  1. Technology & Innovation

Hi-Tech Next Gen Stores Balance Convenience and In-Store Experience

Photo courtesy of LEGO   Shoppers across all retail verticals crave convenience—and retailers are responding. Driven in part by pandemic urgency, technologies like BOPIS and contactless payment are here to stay.  But, as people gradually return to pre-pandemic shopping habits and venture back to brick-and-mortar stores, they also crave the high-touch, personalized, in-store experience they’ve […]
5 min read
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  1. Corporate Strategy

How To Advance Transformation in One Hour, One Quarter, and One Year

What you can do to advance transformation in an hour Martin Mehalchin, executive vice president for retail, consumer, and loyalty practices, Concentrix Do your homework. Go to school on a company that’s enjoyed a successful digital transformation of its own. Nike, Starbucks, and Sephora are all great case studies to explore. Scroll through your network […]
4 min read
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  1. Data & Insights

Data Privacy Laws Will Reshape Retail

For years, the retail industry saw its collated customer data as a treasure trove. Thanks to advanced data analytics, coupled with emerging technologies like artificial intelligence (AI) and the Internet of Things (IoT), retailers saw a deluge of data-driven insights coursing through their IT pipelines. These helped them get personal with their customers and drive […]
4 min read
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  1. Shopper & Customer

Francisco Market: A Cisco Retail Story

Today, I would like to share a Cisco Retail story. The setting is Francisco Market, a fictitious marketplace that illustrates Cisco’s use cases and solutions in retail. Francisco Market’s customers, associates, and operations all provide glimpses into the business needs retailers currently have, the capabilities that Cisco and its partners provide, and the outcomes that […]
5 min read
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  1. Technology & Innovation

Nourish + Bloom Market Customer Focused Positioned to Disrupt Legacy Grocery Retail

  Very few companies go wrong when they focus on the consumer.  Today, startup Nourish + Bloom Market is focusing on the consumer while integrating consumer facing technology that will save time starved consumers both time and money. Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions® stated Gen Z and Millennials are digital […]
5 min read
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  1. Shopper & Customer

How To Create a Customer-Centric Experience

It’s not enough to just have a great product or service at a great price. Every interaction with your brand is an opportunity for a customer-centric experience that builds trust and long-term brand loyalty. In our “State of the Connected Customer” report, 85% of business buyers and 79% of consumers said that the experience a […]
8 min read
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  1. Technology & Innovation

NRF 2022 Solution Spotlight: Hanshow

RETHINK Retail’s Solution Spotlight shines a light on industry vendors and what makes them distinct. This vendor spotlight is on Hanshow, a global leader in Electronic Shelf Labels (ESL) and digital store solutions (LCD). Hanshow offer’s global customers a series of world-class, customized IoT touch points and digital store solutions which include Electronic Shelf Label […]
2 min read
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  1. Department & Category

New capital fuels Purely Elizabeth’s next natural food phase

It’s been a 12-year journey for Purely Elizabeth founder Elizabeth Stein, and based on her plans for the company’s next phase, she is just getting started. Stein, who began her career as a holistic nutrition counselor, started the company in 2009 after going back to school and learning about superfood ingredients and food as medicine, […]
3 min read
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  1. Shopper & Customer

4 Award Winners at the Forefront of Field Service Innovation

Field service management has forever changed. As industries worldwide accelerate their digital transformations, they’re prioritizing technologies that can help them quickly adapt to whatever comes their way and deliver exceptional field service. Digital innovation is the name of the game, as companies scramble to remain relevant amid changing customer expectations. After all, customers have seen […]
5 min read
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Editor’s Choice

  1. Channel: Delivery
  2. Channel: Delivery
  3. Department & Category
  4. Channel: Ecommerce & Digital
  5. Acquisitions, Divestitures & Mergers
  6. Corporate Strategy
  7. Corporate Finance
  8. Partnerships & Alt Profit
  9. Department: Food
  10. Data & Insights
  11. International
  12. Shopper & Customer
  13. Technology & Innovation
  14. Trends & External Forces
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  16. Operations & Supply Chain
  17. Stores & Formats

Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation

Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation.
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  1. Shopper & Customer
  2. Agencies & Vendors
  3. International
  4. Shopper & Customer
  5. Associates & Employees

Lowest consumer confidence for nearly 50 years

A consumer confidence monitor that has been running since 1974 recorded its lowest-ever score this month. The well-established GfK index was down to -40 for May, meaning consumers are less confident now than at any time for nearly half a century. Joe Staton, client strategy director at GfK, said: “This comes as UK unemployment hits […]
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  1. Department & Category
  2. Channel: Ecommerce & Digital
  3. Channel: Restaurants
  4. Department: Food
  5. Media & Marketing
  6. Data & Insights
  7. International
  8. Shopper & Customer
  9. Trends & External Forces

Success Does Leave Clues for Food Retailers

Giving credit where credit is due.  The grocerant niche filled with Ready-2-Eat and Heat-N-Eat fresh prepared food continues to drive top-line sales and bottom-line profits in every channel of retail foodservice.  According to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions® the recent insights by the NPD group show just have important the […]
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