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Innovation & Technology

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  • Innovation & Technology
06 March

Zara Turns to Robots as In-Store Pickups Surge

  • Categories Innovation & Technology
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Zara wants to knock the kinks out of “click and collect.” The fashion behemoth has honed an online strategy that is the envy of its more lumbering competitors, exploiting a …

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28 February

Alibaba launches A.I., big data cloud products in Europe

  • Categories Innovation & Technology
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Alibaba bolstered its cloud computing presence in Europe on Tuesday with new products aimed at taking on the dominance of Microsoft and Amazon. The Chinese technology giant launched cloud products around artificial intelligence (AI) …

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23 February

6 new cashierless Amazon Go stores in the pipeline this year

  • Categories Innovation & Technology
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Reports have emerged that online retail behemoth Amazon is planning to open many as six more Amazon Go stores this year. The news was first revealed by technology website Recode, which said …

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23 February

Walmart’s E-Commerce Growth Slows

  • Categories Innovation & Technology
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Walmart on Tuesday reported earnings that missed analysts’ expectations for the holiday period as its e-commerce operations cooled off, overshadowing the fact that same-store sales and revenue surpassed forecasts. The company’s …

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21 February

Nike becomes first brand to sell on Snapchat

  • Categories Innovation & Technology
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Snap, Nike’s Jordan brand, Darkstore and Shopify teamed up in a collaboration of epic proportions to pre-release the Air Jordan III “Tinker” on Snapchat with same-day delivery last night after …

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20 February

Alibaba , Tencent rally troops amid $10 billion retail battle

  • Categories Innovation & Technology
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China’s tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle …

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16 February

Burberry Teams up with Farfetch in Online Push

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Burberry will team up with online retailer Farfetchto make all of its products available to internet shoppers in 150 countries, the British fashion company said on Thursday. Luxury groups from Louis Vuitton owner …

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15 February

Walmart Store No 8 incubator advances VR strategy

  • Categories Innovation & Technology
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The pending acquisition of Spatialand, according to a Reuters report, will spur VR product development for the mega retailer’s website and store locations. The news comes just weeks after a Store …

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13 February

Alibaba broadens offline reach with $865 million Easyhome stake

  • Categories Innovation & Technology
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Alibaba has taken another step in its quest to build a new retail empire. The Chinese tech titan announced today that it will invest approximately RMB 5.45 billion (around $866 …

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07 February

Walmart’s Store No. 8 buys VR startup

  • Categories Innovation & Technology
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Walmart’s Store No. 8 has created its third portfolio company with the acquisition of virtual reality platform and content studio Spatialand, the retail giant said in an email to Retail …

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