Monday, March 6, 2017

Target Relaunches Its IoT Store, Target Open House

Innovative Retail Technologies Newsletter | March 06, 2017 | View web version here.
 
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Industry Insights
Retailers' Omni-Channel Blind Spot: Digital, The Death Of The Single-Channel Shopper

In RSR's latest Omni-Channel Benchmark Report, you'll learn whether the new view of the retail shopper translates into retailers finally taking definitive action, or makes significant progress in achieving an omni-channel strategy.

Digital Transformation Tops Priority List For Merchants In 2017

Digital transformation tops the priority list for the vast majority of merchants in 2017, as almost seven in 10 (69 percent) of retail executives report plans to increase their investment in emerging technologies, according to a survey from PwC and JDA Software.

Target's Internet Of Things Store Gets A Facelift With New Technology

Target has announced the relaunch of its Target Open House, an Internet of Things store that provides guests with hands-on interactions with new connected device products and services, and also gives entrepreneurs a place to commune and learn.

What IoT Really Means For Retail

At the NRF BIG Show this January, we guarantee you won't be able to swing your show bag in a circle without hitting a vendor touting its IoT (Internet of Things)-enabled widget. The IoT has quickly moved from a futuristic concept to a worn-out buzzword in the retail industry — so quickly, in fact, many merchants haven't had the time to fully grasp what the IoT is, much less why it's important to the future of retail.

Critical Components To Achieving The Perfect Order

Retailers must constantly meet and exceed ever-changing customer expectations. It's what keeps shoppers coming back to your business. Delivering on customer expectations comes from the ability to complete the perfect order: Getting the right products delivered at the best price, when and where they want. For merchants, the perfect order means accomplishing this at the optimal cost and efficiency. 

From Innovative Retail Technologies Magazine
Why Walmart's Free Shipping Play Won't Work
By Matt Pillar, senior executive editor

Welcome news to consumers though it may be, the impact of Walmart's free two-day shipping play will have minimal impact on consumer loyalty to Amazon.

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