The Coresight Research team attended the Taobao Maker Festival 2019 in Hangzhou, China, on September 12. Alibaba’s Taobao Maker Festival, first launched in 2016, celebrates the “maker spirit” of Chinese merchants and designers, and how that spirit is resonating among China’s young generation (millennials and Gen Zers). Some of the highlights are The New Technology Zone (ideas and innovation by Chinese merchants to lifestyle, entertainment, education, etc.), China Cool Zone (a modern interpretation and re-invention of traditional culture), and Fashion Zone with (sneaker customization, etc.).
This deep dive represents the third installment in the RetailTech series and covers everything from beacons to magic mirrors to robots.
Supply Chain Briefing: Robotic Process Automation Brings Productivity and Precision to the Supply Chain
RPA offers numerous benefits to supply chain operations and the retail industry. Companies such as Walmart and Walgreens have adopted RPA. With RPA’s promise of greater efficiency, increased productivity and greater, we expect to see more retailers adopt this technology.
In this report, we look at new developments in inventory optimization software, and use our Coresight Matrix to rate leaders and emerging players by innovation effort and market power.
The digitalization of grocery retailing is about much more than e-commerce. In the US, Walmart and Kroger are leading the charge in digital adoption across the grocery supply chain. In this report, we review a number of grocery tech innovations from these two retailers.
Supply Chain Briefing: Robotics Brings Productivity to the Supply Chain and Speeds Last-Mile Delivery
Heavy industry has used robotics for decades – but now it is gaining traction in apparel and retail. Robots offer improvement in supply chain by enhancing speed to market, better logistics, better warehousing and speedier last-mile deliver
Israel’s retail-tech sector is growing and quickly becoming one of the hottest and most innovative ecosystems for retail technologies, with startups offering solutions from supply chain logistics to the in-store experience.
Technologies including blockchain, AI and others are transforming the various stages in the retail supply chain, including product design, demand forecasting, manufacturing, logistics, warehousing, last-mile delivery and sales.
Artificial intelligence (AI) has established itself as the preeminent technology in retailing. We outline the four overarching use-cases for AI in retail companies identified in our CORE framework.
5G in Retail: Growing Revenues in E-Commerce, Boosting Capabilities in IoT Technologies, and Unleashing Potential in AI, AR and VR
5G should unleash the full potential of data-intense technology in retail, such as artificial intelligence, machine learning and reality technologies, empowering existing use cases and delivering new applications.
Coresight Research attended the 13th Annual VM Global Leadership Summit on March 20 in New York City. CEO Deborah Weinswig delivered the keynote address Consumers at the Crossroads of Tech and Retail and moderated a panel discussion titled Tactics and Insights for Decoding Consumer Behavior.
This is the third report in a short series looking at artificial intelligence (AI) in retail. In this report, we explore what startups are doing with AI in the context of our proprietary CORE framework, which stands for Communication, Optimization of pricing, Rationalization of inventory and Experiential retail.
New Retail Briefing #5: Alipay Pushes Cross-Border Payment; JD.com Continues Unstaffed Delivery Initiatives Abroad
“New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond.
Ocado’s First Fully Automated Distribution Center Destroyed by Fire, Threatening Confidence in Its Robotics Offering
Fire devastated UK online grocery retailer and technology provider Ocado Group’s first robotic distribution center in Andover, England, which handled 10% of total capacity.
Legacy UK Retailers Tesco and Marks & Spencer Think Radically to Expand Margins and Revive Revenue Growth
In a press release on January 29, Tesco confirmed plans to close fresh-food counters in around 90 stores, with 700 further stores retaining a “full or flexible” counter offer. It will also simplify stock management at store level, close store canteens and make job cuts at its head office. The company estimates that up to 9,000 roles could be impacted but it expects up to half of these people could be redeployed.