TREND REPORTS
E-Commerce Channels Dominant but Physical Stores are Equally Important
[Consumer]
2020/06/18 09:05
ANALYSING SHOPPING TRENDS BEFORE THE COVID-19 PANDEMIC CAN HELP BRANDS AND RETAILERS UNDERSTAND HOW CONSUMER BEHAVIOUR HAS CHANGED, AND HOW TO RESET EXPECTATIONS.E-commerce adoption and usage have been rising globally for some time, but the novel coronavirus (COVID-19) pandemic has forced all industries to embrace e-commerce platforms regardless of whether they were ready to. With most consumer...
Vertebrae Lets Fashion Retail Websites Offer AR Try-Ons, No App Needed
[Business]
2020/06/18 09:04
If brick and mortar retail stores weren’t already in enough trouble prior to the COVID-19 pandemic, they’re now facing widespread customer concerns about touching products — including hard-to-disinfect goods such as clothes — that were previously handled by strangers. Augmented reality tech developer Vertebrae announced today that it’s ready to help clothing retailers address this challeng...
The 'Elytra' Table by Radhika Dhumal Fans Out for Additional Space
[Design]
2020/06/18 09:03
The 'Elytra' table is the design work of Radhika Dhumal as a charming new take on the humble side table that would work to provide enhanced capabilities at home, indoors or out. The table features a beetle-inspired design that is achieved using wood materials and is capable of being expanded when desired to offer additional storage space on the top. This mimics the look of a beetle opening its...
(Patent) Apple Patents Auto-Adjusting Glasses May Not Need Prescription Lenses
[Tech]
2020/06/17 09:10
According to a report on Patently Apple, the U.S. patent and trademark office just published two patent applications from Apple that are very relevant to the retail eyewear business.The filings includes “a powerful new vision correction optical system that's able to incorporate a user's eyewear prescription into the system. The system will then alter the optics to address vision issues such as...
(PDF) Mckinsey - Redefining Value and Affordability in Retail’s Next Normal
[Business]
2020/06/17 09:09
Most US consumers are worried about the economy. Grocers, mass retailers, convenience stores, and drugstore chains will need to carefully refine their value strategies.COVID-19 has exacted a heavy toll on the United States, claiming lives as well as livelihoods. In some parts of the country, the public-health crisis is showing signs of abating—but economic issues are now starting to take cente...
Zero-Touch Technology Could Make It Safe to Use Elevators and ATMs Again
[Tech]
2020/06/17 09:08
So much of our life involves buttons and touchscreens, but what if you didn’t need to touch them? Zero-touch technology could make it safe to use elevators and ATMs again.It still isn’t clear how easily the coronavirus spreads on surfaces—the CDC says that it’s possible to become infected by touching a virus-covered surface and then touching your face, though it’s “not thought to be the m...
US Retail Sales Recovers at Record Pace
[Investing]
2020/06/17 09:07
Retail sales in the US jumped 17.7 percent from a month earlier in May of 2020, recovering from a record 14.7 percent fall in April, and much better than forecasts of an 8 percent increase. It is the biggest rise on record as Americans went back to work and many stores reopened after the coronavirus lockdown. Biggest increases were seen in stores with clothing (188 percent); furniture (89.7 per...
(Video) Exotic Self-Cooling Beetle Inspires Film to Cool Electronics, Buildings and More
[Tech]
2020/06/17 09:06
A roll of the new beetle-inspired material that can passively cool things.Heating and cooling systems are some of the biggest consumers of energy, so finding ways to passively cool buildings and electronics could be a huge saver of money and the environment. A new photonic film could be just the ticket, made with a micro-structure inspired by a beetle that likes it hot.The focus of the study wa...
Tesla is Now the World’s Most Valuable Automaker
[Investing]
2020/06/17 09:05
Even in the midst of a pandemic, Tesla continues to reach new heights.The company, which began as a problem-plagued upstart a little over 15 years ago, has now become the world’s most valuable automaker – surpassing industry giants such as Toyota and Volkswagen.This milestone comes after a year of steady growth, which only hit a speed bump earlier this year due to COVID-19’s negative impact...
