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Innovation & Technology

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  • Innovation & Technology
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

  • Categories Innovation & Technology
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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

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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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07 February

Retail partnership launches new online mall accepting only cryptocurrency

  • Categories Innovation & Technology
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A partnership between iFashion Group and Asian electronic payments provider MC Payment, has announced an online mall in Singapore called MegaX that plans to accept payment only in cryptocurrencies. The mall is targeted specifically at …

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02 February

Lidl’s virtual sommelier Margot

  • Categories Innovation & Technology
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Lidl has launched a new Facebook Messenger chatbot that seeks to help customers select the best wine to purchase. Dubbed “Margot”, the artificially intelligent chatbot is said to “perform the …

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02 February

What’s It Like Working Alongside Automation?

  • Categories Innovation & Technology
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Many workers are anxious about the integration of robots into the workforce because of the potential job losses for people, particularly in low-skilled sectors. But in 50 Walmart locations around the United States, …

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29 January

Walmart Joins Forces with Rakuten on Grocery Deliveries, eBooks

  • Categories Innovation & Technology
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World retail leader Walmart has entered into an alliance with Rakuten, Japan’s biggest e-commerce operator, that will expand both companies’ consumer reach in Japan and the United States. According to …

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