Retail Localization Across Borders

“Going local internationally is a passport to business success, but only if it is done right,” says Matthew Staff.
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Posted in Global Retailing, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning | Tagged , , | Leave a comment

Will AndyVision Change Retailing?

As reported by Retail Digital: “Created at the Intel Science and Technology Center in Embedded Computing at Carnegie Mellon University, AndyVision is currently being given a run out at the campus store, where it is overseeing tasks such as inventory and assessing store layouts. The robot works via a Kinect sensor, alongside image-processing and machine-learning algorithms. AndyVision can be instilled with 3D and 2D images of the specific store’s layout and individual products, from which it can go about its daily work.”

 

 

Posted in Part 5: Managing a Retail Business, Technology in Retailing, Video Clips (non-career) | Tagged , , , | Leave a comment

Target, Neiman Marcus Collaborate for Holiday Collection

As Anne D’Innocenzio reports: “They may make an odd couple, but discounter Target and luxury merchant Neiman Marcus are jointly offering a limited collection spanning from fashion to sporting goods for the winter holidays. More than 50 products from 24 designers, including Oscar de la Renta and Diane von Furstenberg, as well as younger designers such as Derek Lam, will be available at both stores and on their Web sites starting Dec. 1 until they sell out. Items in the collection will cost from $7.99 to $499.99, but most will sell for less than $60.”
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Posted in Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer | Tagged , , , , | 1 Comment