Weekly Insights Jun 12, 2015

Executive Summary

• This week, FBIC NY attended Place 2015, a conference focusing on how location analytics and indoor positioning (i.e., beacons) can optimize merchandising and improve the customer experience.
• Facebook is launching a nationwide roll-out of free beacons called Place Tips that interact with people through their smartphones.
• Swedish fast-fashion retailer H&M plans to open a flagship store in India this fall, the first of 50 planned openings in that country.
• Private-equity firms are opening offices in Mexico to capitalize on opportunities from the country’s growing middle class.