Internet of Things
November 13, 2017 at 9:37 am
The retail industry is experiencing the effects from the use of the Internet of Things (IoT) and its connected devices. According to the information services firm IHS Markit, there will be more than 20 billion internet-connected devices by the end of 2017, and this number is expected to grow to more than 30 billion in…
October 18, 2017 at 1:04 pm
Technology is top of mind for most retailers today, no matter their size, product category or any other variables. As such, Total Retail surveyed its audience with the goal of finding out what types of retail technology retailers are interested in (as well as investing in), what retail trends and digital trends they’re tracking, and their…
October 4, 2017 at 12:06 pm
An overwhelming majority (95 percent) of U.S. consumer goods and retail CEOs are confident about the growth outlook for the global economy, the industry and their companies over the next three years, despite potential technological risks, according to a recent survey by KPMG LLP, the U.S. audit, tax and advisory firm. In other parts of…
July 21, 2017 at 9:26 am
Sears has fallen on hard times in part because e-commerce has taken market share from the department store chain, but now the company is looking to use the growth in online shopping to its advantage. Sears announced last week that it will begin selling Alexa-enabled Kenmore appliances on Amazon.com. Sears CEO Eddie Lampert was hopeful…
July 7, 2017 at 9:45 am
Retailers may be enthusiastic about the Internet of Things (IoT), but are they actually implementing the technology and can they use it to out-innovate Amazon.com? To further investigate this topic, Software AG partnered with Retail Systems Research (RSR) in an IoT retail study to uncover the exact challenges retailers face when it comes to IoT…
May 15, 2017 at 10:03 am
Coined in 1999 by Procter & Gamble employee Kevin Ashton, the phrase “Internet of Things” (IoT) describes the growing interconnectivity of technology and everyday experiences. Consumers are now interacting with everything from appliances to grocery store shelf tags via mobile devices and wireless signals. Both e-commerce retailers and brick-and-mortar stores are beginning to take advantage…
April 17, 2017 at 9:22 am
Innovation has exploded in the retail space, with the rise of connected devices and the Internet of Things (IoT) driving major transformations in the way people live and work. With wide scale industry development and demand, the connected retail market is projected to be worth $53.75 billion by 2022. The huge potential for IoT in…
April 7, 2017 at 11:56 am
The grocery market is just too massive for innovators and entrepreneurs to ignore. Based on research from Nielsen TDLinx and Progressive Grocer, the U.S. accounted for nearly $650 billion in grocery sales in 2015. Keep in mind that there are no more valuable e-commerce carts than those devoted to grocery. Unlike every other category, this…
April 3, 2017 at 10:51 am
The consumer Internet of Things (cIoT) is here. But what exactly is it? It’s hard to believe, but a world in which purchasing will become seamless from thousands of new touchpoints is just around the corner. We're seeing the thin end of the wedge with FitBit, Apple Watch, Amazon Alexa, Nest and Google Home. In…
March 21, 2017 at 11:57 am
Rebecca Minkoff is a millennial-owned brand focused on attracting millennial customers. Uri Minkoff, co-founder and CEO of Rebecca Minkoff, spoke about his plans to “future proof” the company during the session “Future-proof: Building a Fashion Brand for the Millennial Consumer” at Shoptalk yesterday. Minkoff gave four key ways he sees this happening within the Rebecca…
