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Posts Tagged ‘retail’

Foot Locker invests $100 million in GOAT Group

Foot Locker, the mostly mall-bound retailer of mass market sneakers, has invested $100 million in the sneaker marketplace and retailer of primarily rare and exclusive high-end athletic and lifestyle shoes, GOAT Group. The companies said that the investment would eventually lead to Foot Locker and Goat Group combining their efforts across their digital and physical ...

Retail technology platform Relex raises $200M from TCV

Amazon’s formidable presence in the world of retail stems partly from the fact that it’s just not a commerce giant, it’s also a tech company — building solutions and platforms in house that make its processes, from figuring out what to sell, to how much to have on hand and how best to distribute it ...

Mallwave: nostalgic synth music for imaginary and abandoned shopping centers

Mallwave is a microgenre of bedroom electronic music and smooth jazz meant to evoke nostalgia for the vibrant mall scenes of the 1980s and 1990s that many of the music's composers are too young to have experienced or at least remember.

Think of Mallwave as a hauntological soundtrack for an Orange Julius-fueled consumer culture ...

Apple unveils new in-store sessions covering photography, Garage Band, health and more

Apple is launching 58 new Today at Apple sessions to beef up its in-store education offerings for people who want to explore Apple’s products. The sessions, which cover video, photography, accessibility, coding, music, health and more, are free to attend and available at all of Apple’s retail stores across the world. For the unveiling, Apple ...

The company behind YouCam Makeup app launches a new set of AR tools for beauty brands like Ulta

Released in 2014, the year before Snapchat put face filters on the road to ubiquity, Perfect Corp’s YouCam Makeup app gave many smartphone users their first taste of augmented selfies. At the beginning, it let users experiment with different makeup looks and portrait-editing tools. Since then, YouCam Makeup has expanded beyond selfies into e-commerce and ...

It’s the golden age of traditional retail, not its end days

A lot of people that will say that traditional retail is dying. They’ll point to the rising prominence of e-commerce, which accounts for under 10% of total retail in the U.S. and a whopping 15% or more of total retail in China, as diminishing opportunities for traditional retail. But the reality is that, thanks to ...

Amazon debuts Showroom, a visual shopping experience for home furnishings

Amazon just over a year ago launched its first in-home furniture brands, with private labels Rivet and Stone & Beam. This past fall, it began experimenting with a new, more visual way to shop for furniture and other merchandise with its Pinterest-like recommendation service Scout. Now, Amazon is venturing further into home furnishings with the debut ...

Report: Amazon is planning a Whole Foods expansion to benefit Prime Now

Amazon is planning a Whole Foods expansion in the U.S., according to a report by The Wall Street Journal published this weekend. The goal is to put more customers within the range of Amazon’s two-hour Prime Now delivery service, including those in suburban areas outside cities, as well as those in regions where the grocer ...

Target’s same-day delivery service Shipt will include ‘all major product categories’ in 2019

Target has grand plans for Shipt, the same-day grocery delivery service it bought a year ago for $550 million. While generally known today as something of an Instacart competitor – essentially Target’s answer to Walmart and Amazon’s grocery delivery businesses – Shipt has expanded to include more of Target’s assortment over the past year. By ...

Walmart is testing its own, in-house visual search technology on Hayneedle

Hayneedle, the home furnishings retailer that joined Walmart by way of an acquisition by Jet back in 2016, is now serving as the testing grounds for Walmart’s own in-house visual search technology. Built in collaboration between Hayneedle and Walmart Labs, the new technology has been slowly scaling up on Hayneedle over the course of the year. ...