From personalized miniature bobbleheads to flower vases, Amazon's new 3-D printing marketplace plans to simplify the 3-D printing process for consumers.
Last year, China experienced a decline in GDP growth, along with a steep drop in consumer sentiment exacerbated by an anti-corruption campaign that dampened the intention to spend in lower-tier cities in particular. This year, although business activity was slow in the first quarter, the economy has shown signs of stabilizing, with improved consumption growth. After dropping to a five-year low in January and February, total retail-sales growth increased in May to 12.5 percent, its fastest pace since December of 2013.
Macy's Inc. has reported a series of initiatives from 2002 through 2013 have resulted in a 38-percent reduction in the company's electricity usage and a 95-percent adoption rate of recycled or certified paper used in the company's marketing materials.
Shopper distrust following a series of retail data breaches is high - three in 10 shoppers say they don't trust retailers to protect personal and financial data against cyber criminals.
Inventory management and predictive analytics software, in-store mobile device integration and e-commerce solutions are the biggest technology priorities for independent brick-and-mortar retailers, according to LightSpeed's first annual Retail Tech Forecast.
It's no secret that the apparel, accessory and lifestyle world has long led the way in driving digital innovation across the retail frontier. Considering early initiatives around the convergence of in-store and online channels, several apparel pioneers come to mind – Macy's, Bloomingdales, Nordstrom, Gap.
Opus Global has acquired Hiperos LLC, a global software vendor connecting more than 300,000 entities on behalf of third parties serving the energy, financial services, food, real estate, pharmaceuticals and technology sectors.
Retailers generally have a reputation for being slow to embrace the latest innovations in technology. According to data from the U.S. Census Bureau, the retail industry as a whole spends far less on technology than nearly all other service sectors.