DHL and IBM have released a joint report on the development of artificial intelligence (A.I.) technology and its potential to change the logistics industry — noting that, in many ways, A.I. is already making profound changes to the retail environment, not all of which are positive.
Style trends are moving faster than ever in an age when a shopper can spot an outfit on Instagram and buy it with just a few clicks. That immediacy is prompting some in the fashion industry to experiment with a business model some are calling “click, buy and make.”
Decades ago, Bradley Jacobs studied math and piano (classical and jazz) at Bennington and Brown before dropping out to make money. Now the balding 61-year-old CEO of XPO Logistics invokes that background to explain how he's parlayed sequential roll-ups in the gritty businesses of garbage collection, heavy equipment rentals and delivering stuff into a $2.6bn net worth.
Selling apparel and other merchandise over the internet is difficult enough for retailers as it is. Now they want to make it even tougher on themselves.
Amazon.com Inc. Chief Executive Jeff Bezos said the e-commerce giant has exceeded 100 million paid Prime subscribers and will continue to invest to meet "ever-rising" customer expectations.