Remove 2017 Remove Operations Remove Retail Remove Technology
article thumbnail

Renting Furniture, Smartphone Chargers With Retail Innovation

PYMNTS

Furniture is helping to build a larger retail ecosystem, with the value proposition of Oliver Space centered around providing furnishings, along with design help, to consumers who are moving. Data: 2017: The year IKEA bought TaskRabbit. 14: Approximate number of hours that Oliver Space has operated a live chat service.

Retail 130
article thumbnail

Voice Recognition Could Take A Bigger Role In Retail

PYMNTS

Voice recognition could soon play a bigger role in retail — especially in the world of quick service restaurants. The fast food operator recently announced an agreement to acquire Apprente. However, Google’s new technology is an end-to-end speech recognizer, compact enough to be kept on a phone. Other Moves. Ads for Illness.

Retail 248
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Alibaba Bets Billions On Online Grocery In China

PYMNTS

billion for a controlling stake in the hypermarket operator Sun Art Retail Group , Alibaba said in a statement on Monday (Oct. billion — in Auchan’s A-RT Retail. Sun Art tapped Alibaba technology to leverage growth opportunities in China’s hypermarket and supermarket space. 19) CNN report.

Online 231
article thumbnail

Key themes at Sibos 2017

Accenture

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Will an instant GPI be next?

article thumbnail

Verizon, UPS Team Up On Drone Delivery For Retail

PYMNTS

Verizon , Verizon’s Skyward unit and UPS Flight Forward are teaming up to provide drone delivery for retail products using Verizon’s 4G LTE and 5G networks. We will need the ability to manage and support multiple drones, flying simultaneously, dispatched from a centralized location, operating in a secure and safe environment. “We

Retail 179
article thumbnail

Why Brick-And-Mortar Merchants Are Tapping Into Unattended Retail

PYMNTS

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

Retail 198
article thumbnail

Amazon Stake Spikes India’s Future Retail Shares By 13 Pct.

PYMNTS

Shares in Future Retail rose 13 percent on Friday (November 29) after India’s antitrust body announced that it has approved a deal that would give Amazon a minority stake in the company. In August it was reported that the eCommerce giant was in discussions to acquire a stake in Future Retail. percent of Future Retail.

Retail 130