Retail Archives | Page 29 of 53 | CREtech
The new design is not necessarily a model for the future. It’s a singular, “experimental Shack” to work out ideas and to respond to customer demands. (Bloomberg)—Beloved burger chain Shake Shack recently announced plans to use automated kiosks in lieu of employees to take orders at its new Astor Place location. The news rather awkwardly coincided with the announcement that founder Danny Me...
Shares of Walmart are up 2.71% at $81.20 on Monday following the announcement that the company will begin offering a tech-savvy way for customers to return purchases. In November, Walmart will begin allowing customers to return items they purchased through Walmart.com to physical stores with the help of an app. The app will allow customers to enter all the necessary information about the retu...
Beloved burger chain Shake Shack recently announced plans to use automated kiosks in lieu of employees to take orders at its new Astor Place location. The news rather awkwardly coincided with the announcement that founder Danny Meyer has raised $200 million in private equity to invest in companies with a strong focus on employees and communities. "Automation at Shake Shack has nothing to do w...
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As Walmart continues to build out its e-commerce business to rival Amazon’s, its latest development will build on some of the retail giant’s most established operations: Walmart is launching a new in-store returns service called Mobile Express Returns. People who purchase items online and then need to return them can do so by logging them on the Walmart app, generating a QR code for the transa...
You wouldn't be crazy to worry about robots coming for American jobs. A 2017 report by investment advisory firm Cornerstone Capital Group found that about 6 million to 7.5 million retail jobs will be rendered obsolete by automation in the coming years, Business Insider's Hayley Peterson reported. Cashiers in particular have a 97% chance of being replaced by robots, Business Insider'...
Walmart announced on Wednesday that its customers are now able to shop on Walmart.com using voice commands via Google Home and Google Home Mini devices. In addition, Walmart is offering a deal to customers of $25 off a Walmart order when they buy one of the Google devices and link their Walmart account to Google’s online shopping platform, Google Express. The integration of Google Express and Go...
Author By Dan O'Shea • Published Oct. 6, 2017 Share it post share tweet Dive Brief: E-commerce wholesaler Boxed has developed an autonomous guided vehicle (AGV) that can pick up and transport orders through the company's fulfillment centers, enabling 80% more picks per hour than might be done by human pickers traveling on foot, Boxed told Retail Dive via e-mail. Boxed plans to use as m...
Customers with questions about their online orders this holiday shopping season may think they’re asking a seasonal worker for help, but artificial intelligence (AI) is likely giving them the information they need. Technology of all kinds is being used on the back end of retail, to organize inventory and manage other operational functions. Whether it’s chatting with a bot or with Alexa, AI is ...
Most real estate agents are commission-based and incentivized to focus on the big sales. That results in inefficiencies for lower class home buyers, who may have to wait longer to view properties and receive less guidance on paperwork. A Miami-based startup called Home61 has been working on a solution for this category of buyers and renters, which it refers to as the “other 80%.” Home 61 is bu...