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NRF 2019 Day 3: Hearing About Mission-Driven Brands, China’s Digital Leadership and How Inclusion Can Fuel Growth

Over the course of the day, we heard multiple panelists emphasize that consumers want to know what companies and brands stand for, and not just what they are selling. Companies are increasingly taking stands on social and political issues and we expect this trend to continue into 2019. In 2018, Dick’s Sporting Goods took a stand on gun control; Patagonia has a long heritage of being a mission-driven company and has given over $100 million to support environmental issues including air, water, and soil. The company also announced it would donate all the proceeds of the recent corporate tax cut to entities that combat climate change, saying the environment needed the money more.

NRF 2019 Day 2: Challenging Old Paradigms

Coresight 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.

New Retail Briefing #1: JD.com and Alibaba Restructure

On December 21, 2018, JD.com announced it would restructure its operations with JD Mall, the company’s main revenue-generating unit. JD Mall will be divided into three business departments, including serving customers; business support services; and, infrastructure control and risk management. 

JD.com said in its announcement that the new structure will enable it to better focus on customers. JD Mall’s restructuring also aims to diversify its management team and assuage investors that Liu Qiangdong, JD’s founder and CEO, is not the only person driving decision-making at the company. 

NRF 2019 Day 1: The Big Apple’s Big Show Does Not Disappoint

Rich 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.

Understanding WeChat, China’s Super App: Part 2 — How WeChat Mini Programs Spell Opportunity for Brands and Retailers

WeChat dominates the social media scene in China — so much so that even large companies are leveraging its reach over using their own apps, and even buying add space in WeChat games. To tap into this opportunity, WeChat has been developing “mini programs” that operate within WeChat but function as a separate company app would, allowing users to order, pay for, pick up or have goods delivered. What’s the opportunity?

The 4th New Economy Think Tank Summit: Three Things You Need to Know

The Coresight Research team was in the room when some of China’s most innovative, tech-focused retailers came together for the fourth New Economy Think Tank Summit by AliResearch, the research arm of Alibaba. The Speakers included Min Wanli, Chief Machine Intelligent Scientist, Alibaba; Chen Weiru, Executive Director of Alibaba Industrial Internet Center; Liu Song, Vice President, Alibaba Group; Gao Hongbing, Vice President, Alibaba Group, Director of AliResearch; Steven Zhang, Vice President of Alibaba DingTalk; Ma Mingjie, Director General of Research Department of Innovation, The State Council Development Research Center;  and, Michael Irwin Jordan, Professor at the University of California, Berkeley and Chair of Ant Financial Scientific Advisory Board.

CES 2019: Five Innovative Technology Startups From Day 2

Chronolife 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.

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Innovator Intelligence: Connecting the Retail Value Chain with Innovators that Are Revolutionizing the Industry

Due to the rapidly shifting nature of retail, Coresight Research is providing new tools and services to deliver critical business intelligence. Our recently launched Innovator Intelligence platform highlights some of the most promising, forward-looking companies around the globe and provides actionable analysis to help our clients and members anticipate change, collaborate and profit from the rapid innovation in retail.