January 15, 2019 Event Coverage Register for Free Access NRF 2019 Day 2: Challenging Old ParadigmsCoresight Research Founder and CEO Deborah Weinswig discussed AI in retail with experts from Guess, JD and Markable in a panel discussion called The Intelligence Revolution is Here. Weinswig discussed the massive opportunity in AI in a range of areas from communicating with customers, to optimizing prices and products, to managing inventory and delivering experiential retail.
January 14, 2019 Question of the Week Free Report How Big Is the Global Legal Cannabis Market?Question of the Week January 14 2019 – How Big Is the Global Legal Cannabis Market?
January 14, 2019 Event Coverage Register for Free Access NRF 2019 Day 1: The Big Apple’s Big Show Does Not DisappointRich Roll, author and athlete, set the tone for the panel discussion The Wellness Revolution: Consumer Behavior in a New Retail Era, when he outlined what he sees as the secret of success for his podcast. “One reason (it) works is because it is honest and unpolished,” noted Roll. “We are starved for connection and something that is real.” Roll started a health and wellness podcast The Rich Roll Podcastmidlife after spending part of his career as a corporate attorney. Each of his podcasts has an average of 250,000 to 750,000 downloads, and he’s totaled over 50 million downloads. He encouraged retailers to embrace corporate culture that values honesty and integrity.
January 11, 2019 Event Coverage Register for Free Access CES 2019 Wrap-Up: Five Cool Things You Need to KnowAt the show, we saw various applications of AI voice technology, which has expanded beyond AI appliances such as the Amazon Echo, Samsung’s Bixby, Apple’s HomePod, the Google Home and many others. Voice control has moved into the realm of home appliances, such as Amazon’s voice-controlled microwave oven, and the voice-controlled TVs and home appliances demonstrated by LG and Samsung. Voice recognition has also entered automobiles — Ford demonstrated operability with Alexa at CES two years ago, Alibaba showed interoperability with Volvo and BMW, and this week, Amazon started taking orders for Echo Auto.
January 11, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY JANUARY 11, 2019Retailers in the U.S. may have enjoyed a bumper holiday season, but their counterparts elsewhere in the world have been experiencing greater uncertainty. In China, the pace of economic growth has slowed, while in Germany, shoppers have shown renewed caution. Meanwhile, in the U.K., details on Brexit remain unclear, even though the exit date is now less than three months away – raising the real possibility of a deal-less Brexit. Across the U.S., Europe and Asia, macroeconomic and political uncertainty threatens to persist for at least the first few months of 2019. In this week’s note, we look at four inflection points we expect could significantly impact the economy and consumer sentiment in various countries.
January 11, 2019 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2019, Week 2: Lidl and Wegmans to Open Three Stores While JCPenney Plans to Close Three StoresYear to date in 2019, U.S. retailers have announced 1,170 store closures and 1,176 store openings.
January 11, 2019 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2019, Week 1: Sears Confirms Closure of Additional 80 StoresIn the US, we recorded a total of 5,524 closures and 3,083 openings by major retailers over the course of 2018.
January 10, 2019 Store Tracker Databank Members Reviewing 2018 U.S. and U.K. Store ClosuresIn the U.S., major retailers closed 5,524 stores and opened 3,083 stores during 2018. By sector, apparel specialist stores led the pack with 766 closures; Payless ShoeSource contributed 408 of these closures.
January 10, 2019 Event Coverage Register for Free Access CES 2019 Day 4: Five Cool Things You Need to KnowAMD is currently giving Intel serious competition in the microprocessor wars, and announced several new processors — for desktops, servers, mobile and graphics — and AMD says this increased computing power will be needed to solve society’s challenges in education, healthcare, climate change and energy.
January 10, 2019 Event Coverage Register for Free Access CES 2019 Day 4 Takeaways: Innovative Technology Startups At CESThe Coresight Research team is in Las Vegas this week for CES 2019 (formerly, the Consumer Electronics Show). This year’s event features over 4,400 exhibiting companies, including standout startups alongside established companies.
January 9, 2019 Event Coverage Register for Free Access CES 2019 Day 3 Takeaways: Five Innovative Technology Startups at CESThe Coresight Research team is in Las Vegas this week for CES 2019 (formerly, the Consumer Electronics Show). This year’s event features over 4,400 exhibiting companies, including standout startups alongside established companies.
January 9, 2019 Event Coverage Register for Free Access CES 2019 Day 3: Five Cool Things You Need to KnowAI promises to make businesses smarter and free humanity of many mindless, repetitive jobs. This means people who do mindless, repetitive tasks will need to find something else to do. The good news is, AI will also create new, higher-skilled jobs, such as building and maintaining the AI systems.
January 8, 2019 Event Coverage Register for Free Access CES 2019: Five Innovative Technology Startups From Day 2Chronolife has a device to help people with chronic or congestive heart failure (CHF) by anticipating medical emergencies with its wearable Chronolife vest. The Parcel Guard is a smart mailbox designed to prevent “porch pirates” — people who steal packages from your front porch. P&G Ventures, Procter & Gamble’s startup division, unveiled at-home skincare device Opté Precision Skincare System (Opté). Capstone Connected Home launched the Smart Mirror, a mirror integrated with Google Assistant with touchscreen capabilities. The Bread Bot, developed by Wilkinson Baking Company, a fully automated robotic bread-making machine that bakes and sells bread like a vending machine.
January 8, 2019 Event Coverage Register for Free Access CES 2019 Day 2: Five Cool Things You Need to KnowSeveral major electronics companies (including LG, TCL and Samsung) announced ultra-high definition TVs with 8K resolution (which offer four times the number of pixels of a 4K TV). This resolution is especially suitable for larger screens (55” and larger.) An interesting development, but could be a while before you can enjoy the full 8K experience, given that 4K content is available through only a small number of broadcasters — and requires a high-speed Internet connection of at least 25 Mbps.
