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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

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Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

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Connected Vehicles Steer Retail To New Innovations

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As a new decade approaches, retail is driving hard toward its future thanks to connected vehicles. Expect more innovation as the connected vehicle ecosystem grows. And big players in commerce and payments are racing for position. European Moves.

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Retail Pulse: Luckin Taps Into Automated Retail; Little Caesars To Team With DoorDash

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Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. And the “biggest attraction” of luckin popMINI is what the firm refers to as “eCcommerce Prices in Vending Machines.”

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Amazon Pay’s Gauthier: No One Can Predict Retail’s Future, So Innovate Around What Won’t Change

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He said retailers and service providers need to address such anxieties as they sketch out their digital and omnicommerce strategies and think about what new tech to put in place. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”. And that is where a lot of stress is created.”. Gauthier said.

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Artificial Intelligence Innovation Steered By U.S. and China

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Microsoft was significantly behind that, with 5,903 patents, but that’s still good enough for the global major leagues when it comes to AI research and innovation. After that we will see areas such as retail, healthcare, manufacturing, transportation and automotive, and logistics, including warehousing/transportation/delivery.

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How Food And Retail Can Collaborate Via Blockchain

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But what hasn’t been so deeply explored is how that technology can help food producers and retail firms collaborate more deeply, helping both succeed and strengthening the industries that power them. The term “blockchain” refers to a database that continually grows based on records and data that is added to it, Business Insider reports.

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Why Rural Shoppers Need Digital Innovation Too

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Mostly because that is where innovations tend to get their start — ridesharing, delivery on demand, one-day shipping, buy-online pick up in-store, experimental experiential retail locations, pop-up shops and the list goes on (and on). But what every big digital upgrade of the last decade or so has in common is an urban home base.