As retailers like Nike are establishing direct-to-consumer options on Amazon and traditional brick-and-mortar stores like Macy’s are investing in digital strategies both in-store and online, there is an emerging need for retailers to evaluate how to approach their digital initiatives in a way that will truly benefit their bottom line.
Voice ordering is the next frontier for retailers, according to the f Walker Sands’ fourth annual report, “Future of Retail 2017,” which found that one in five consumers (19 percent) said that they have made a voice purchase using Amazon Echo or another digital home assistant, while another third (33 percent) say they plan to do so in the next year.
Innov8: V-commerce seeks applications for technologies that will shape the future of commerce.
Academies aim to train supervisors, managers, and assistant managers nationwide.
Cloud-based inventory management provider Cin7 has announced the integration of its product suite with the Walmart Marketplace. Walmart Marketplace is an invitation-only, professional seller community with more than 110 million unique visitors per month that enables sellers to leverage the power of the world’s largest retailer, with their items appearing on Walmart.com alongside those being sold by Walmart and other marketplace sellers.
A new solution applying eye tracking research to immersive virtual reality environments could have immense possibilities for retailers. Global eye tracking leader Tobii Pro has announced the development of Tobii Pro VR Integration, a new solution that unlocks new research possibilities for retailers, advertisers and marketers.
The Wall Street Journal reported that Walmart has apparently told its technology vendors that if they want the retail giant’s business, they need to ensure that none of its applications are being run on Amazon Web Services., but to shift them to alternative services like Microsoft’s Azure. This is raising the battle between Amazon and Walmart to new levels, according to Fox Business News.
While retailers are being proactive in combatting crime, much work remains to be done.
40 percent of consumers say they would consider using VR to purchase household goods.
While Amazon announced its plan for a grocery takeover with the $310 billion acquisition of Whole Foods, Walmart has its sights set more on luxury retail with a $310M acquisition of Bonobos.