Event Coverage 7 minutesRegister for Free AccessXRC Labs Cohort 5 Launch Event: Bigger than Ever Coresight Research January 18, 2018 Executive SummaryThe FGRT team attended NRF 2018 Retail’s Big Show in New York City this week. With more than 35,000 attendees from 95 countries, including 18,000 retailers and more than 600 exhibitors, the trade show is one of the biggest in the retail industry. Below are our key takeaways from the third and final day of the event. Pano Anthos, Founder and Managing Director of XRC Labs, spoke about the evolution of the program over the past two years. More than 300 companies applied to be part of the program in 2018 and 48 companies from the first four cohorts are still in business today. Anthos described how the accelerator program continues to evolve and grow through partnerships and collaborations. XRC Labs partnered with the National Retail Federation (NRF) on the Innovation Lab at NRF 2018 Retail’s Big Show, which ran January 14–16. The space included an exhibit area dedicated to showcasing 25 startups and a stage that was home to panel discussions and sessions on retail technology. The retail store format continues to evolve and retail remains in a state of change, Anthos noted. He said that stores are evolving in five key ways: they are mobilizing to serve consumers through flexible formats, offering unique experiences, operating as platforms, operating as services for consumers and operating as factories where consumers can purchase items on demand. Each of the nine companies in XRC Labs’ fifth cohort presented a two-minute overview of their retail technology solution at the launch event. Standouts included Convrg, maker of an AI-powered chatbot that aims to reduce returns through upselling, and LexSet, an interior design visualization tool that uses AI. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Analyst Corner—Reshaping Retail Media: Who, Where and How? Three Defining Levers, with Manik BhatiaCoresight Bites: Which US Consumers Are Most Sensitive to Inflation?Market Outlook: US Food Away from Home—A Challenging Economic Backdrop To Weigh on Growth in 2023Inclusivity in Retail: Trends from 2022, Opportunities for 2023