Forbes | January 17, 2022 With a global desire to shop responsibly and sustainably – resale is predicted to be a major player in the retail landscape for 2022. To be a real success, resale needs to blend with online selling, with e-commerce set to explode over the next few years. One of the biggest challenges for retailers and brands has been understanding how to monetize resale on their own platform. As with many retail innovations, technology is leading the way. Leading tec

Forbes | January 11, 2022 Being out-of-touch is totally in, QR codes are quickly finding a new home and robots are strolling the line between novelty and value. This is what retail innovation will look like in 2022. Funding for retail technology reached a record $29 billion in the first quarter of 2021, as retailers and tech companies sought to blend online and in-store experiences, personalize interactions at every point and elevate their fulfillment processes to make it all

Forbes | October 24, 2021 The WowWee toy company’s roots are in robotics, but for its newest toy, it decided to reinvent something low-tech - cardboard. WowWee used reinforced cardboard and a “Strongfold Technology” technique to create Pop2Play slides and playsets that are strong enough to withstand being climbed on by kids, fold flat and can be stored away under a couch. The company realized “this can solve so many problems we were trying to crack, the biggest one being how

Forbes | May 17, 2021 The key question facing retailers right now: what’s the future of retail stores and do we need them at all? Ben Kaufman, the founder of a retailer called “Camp,” the five-store retailer opened in 2019 addresses this question head on. Retailers have to “event-ize” their stores, “it’s got to be something to do, it’s not a chore ... [it’s an] activity, a way to ... have fun with friends and family ... a place to watch a show or let some energy out.” It’s no

A Bullseye View | April 29, 2021 Target consistently creating a safe, easy and inspiring shopping experience is hitting the ground running. Announcing a $4 billion annual investment to improve your Target Run, Target starts with new stores in 12 locations. Target's total store count grows to more than 1,900, including over 140 small format locations. New stores will have the same popular products and services guests love, including Order Pickup and more Drive Up locations as

A Bullseye View | April 15, 2020 One thing that makes a good day even better, it’s the feeling when an order arrives at your doorstep. Target continues to look for ways to get guests online orders even faster. Target's new sortation center opened in Minneapolis last year. The first-of-its-kind facility helps ship packages from Target stores more efficiently. Most recently, Target will be testing a new capability with Shipt Drivers to improve last mile delivery. How does it wo

National Retail Federation | February 4, 2021 Trove provides resale for leading global brands, including Levi’s, Patagonia and REI. Providing the technology for brands, Trove receives items back from customers, prepares, and re-sells them to the next owner. Andy Ruben, founder and CEO of Trove, gives insight to this model of "re-commerce." Re-commerce not only attracts consumers back to retailers, but saves consumers serious money and helps protect the environment. It’s a $32

Walmart Newsroom | January 27, 2021 Using the competitive advantage of their stores, Walmart introduces their transformation for pickup and delivery efficiencies. Walmart is scaling the number of stores that will also serve as local fulfillment centers. A local fulfillment center (LFC) is a compact, modular warehouse built within, or added to, a store. To fulfill orders, automated bots retrieve the items from within the fulfillment center. The items are then brought to a pick

Bloomberg | January 5, 2021 Amazon announced buying 11 used Boeing 767-300 planes for its fast-growing air cargo operation. Aircraft is coming from Delta Air Lines Inc. and WestJet Airlines Ltd. The WestJet aircraft are currently being converted from passenger to cargo use and will join Amazon’s fleet this year. The Delta jets will start flying routes in 2022. By the end of next year, Amazon expects to have more than 85 planes in service, a spokesperson said. Seattle-based Am

Retail Dive, February 27, 2020 Amazon's six-wheeled Scout robot has completed thousands of shipments in California and Washington in its early stages of testing. This cooler-sized robot is described as a "fully-electric delivery system" which follows a specified delivery route and can travel through rain, sun and even the heaviest snow storms. According to Amazon, delivery robots, like Scout, will help Amazon meet its climate goals while innovating delivery methods. Local go