Here are the recent happenings in the Retail and Consumer Tech world as of Sep 13, 2024:
Google is under scrutiny for its recent ad tech changes that have reportedly benefited the company while negatively impacting publishers. According to a Reuters report, Google was aware that its adjustments would be unwelcome among publishers but proceeded with them to enhance its profit margins.
In the realm of sportswear, a new implementation of “endless aisle” technology is transforming order fulfillment processes. This innovation allows brands to offer a broader range of products online, even if they are not physically in store, thereby enhancing customer satisfaction and operational efficiency.
Local Tops stores have introduced cutting-edge robotic technology to streamline their operations. This new system promises to improve inventory management and enhance the overall shopping experience by automating various in-store tasks.
UST has launched its new Retail GenAI platform, which leverages generative AI to revolutionize retail operations. This platform is designed to optimize various aspects of retail, from inventory management to customer service, making it a significant leap forward in retail technology.
Havis and Verifone have collaborated to develop a self-checkout kiosk tailored for convenience stores. This new solution aims to reduce wait times and improve the efficiency of the checkout process for both retailers and customers.
GameStop is facing ongoing challenges, reflecting a broader trend in the retail sector. The company’s difficulties highlight the shifting dynamics in consumer preferences and the impact of digital transformation on traditional retail models.
Walmart has selected Alquist 3D for its retail construction needs, marking a significant step towards modernizing its store designs. This partnership is expected to bring innovative architectural solutions to Walmart’s retail spaces.
Holiday e-commerce sales are projected to rise despite a general shopping slowdown, according to PYMNTS. This forecast indicates a shift in consumer behavior, with online shopping becoming increasingly prevalent during the holiday season.
Finally, in other tech news, Apple’s AirPods continue to be a top choice for consumers, as detailed in a comprehensive buyer’s guide. The latest models feature advancements in sound quality and connectivity, maintaining Apple’s strong presence in the audio tech market.
Brought to you by the team at CPG Cloud Partners.
