As Walmart looks to shrink Amazon’s growing lead in consumer retail spending, the mega-retailer is turning to new technologies to merge the digital and physical shopping journeys to provide a more frictionless customer experience. This week, the chain kicked off a range of technology efforts...
Instacart and the U.S. Department of Health and Human Services (HHS) are teaming up to help more people access healthy food and tools for better health. The partnership’s goal is to back and extend initiatives treating food as medicine with programs, research, outreach and policies...
IKEA’s unique, maze-like retail format has consistently appealed to consumers worldwide. At the core of IKEA’s success lies its self-service and exploration model, where the stores serve as expansive showrooms, encouraging customers to navigate through various room displays. This hands-on experience enables shoppers to visualize...
Retailers are embracing augmented reality (AR) to improve consumer experiences, leave a lasting impact, foster greater confidence in the brand, and ultimately encourage purchases. This is critical in the turbulent sea of inflation and shifting consumer sentiments. Walmart’s approach is aimed at a specific category...
Walmart is expanding its use of augmented and virtual reality technology to include eyewear. The world’s largest retailer’s new offering, announced Tuesday (Jan. 30), comes at a time when consumers are seeking virtual reality (VR) experiences that mirror brick-and-mortar shopping. Walmart already uses augmented reality (AR) and...
Lost in the supermarket? Walmart says it has a solution. Look for the blinking light. The retail giant has begun testing digital labels that — after being activated by an app — light up to help shoppers find the products they are looking for within Walmart’s gargantuan stores, Bloomberg...
H&M announced on Friday (Jan. 26) its plan to close down more than 20% of its stores in Spain and lay off up to 588 employees. The company cited unspecified organizational, productive and economic reasons. The move comes in response to competition from Inditex, owner of...
As we finish the first month of the new year, more and more businesses are putting 2023 innovations into action and hoping to see results. The focus on results takes place within the backdrop of the preceding year, which centered on the revival of physical retail and...
Americans are projected to spend $14.2 billion this Valentine’s Day amid heightened consumer confidence. That record amount comes from a survey released Monday (Jan. 29) by the National Retail Federation (NRF) and Prosper Insights & Analytics. “Retailers are ready to help customers this Valentine’s Day with meaningful and memorable gifts,”...
