Coresight Research Has Breakfast with the Disruptors of Artificial Intelligence

Breakfast with the Disruptors: Startup Pitch Featuring AI Companies. (L-R): Beth Ferriera/Firstmark (judge); Deborah Weinswig/Coresight (moderator); Jason Rabin/Global Brands Group (sponsor); John Andrews/Celect (judge/sponsor); Michelle Bacharach/FindMine (winner); Karl Haller/IBM (judge).

This week, Coresight Research held its inaugural Breakfast with the Disruptors event, where eight startups that are applying artificial intelligence (AI) to solve retailers’ problems pitched their businesses to an estimated 400 guests. The event was hosted by Global Brands… Continue Reading

Hearing from JD.com and Alibaba’s Tmall on the Distinctions of Chinese Retail

WRC Alibaba

This week, the Coresight Research team was at World Retail Congress 2018 in Madrid. There, we heard senior executives from China’s two e-commerce giants—JD.com and Alibaba—speak about what makes Chinese retail unique and what the future of retail could hold.… Continue Reading

There Is Much We Can Learn from Retail in China

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Shopping is different in China. There, it’s an integral part of social conversations, and it’s not uncommon for people to show each other what’s in their digital shopping carts at dinners and other gatherings. Online, Chinese retailers offer shoppers a… Continue Reading

Kohl’s and Aldi Enter a Unique Partnership

Indianapolis - Circa June 2017: Aldi Discount Supermarket. Aldi sells a range of grocery items, including produce, meat & dairy, at discount prices IX

Last week, Kohl’s announced that it would be slimming down 12 of its stores and that, as part of a pilot program, 5–10 of those stores will carve out space for separate, adjoining stores that will be leased to grocery… Continue Reading

The State of Artificial Intelligence: Where Are We Now?

Robot holds a finger near the head. 3D illustration

The term “artificial intelligence” (or “AI”) is en vogue and is often incorrectly used to refer to things that do not technically qualify as AI. Processors can add apparent “intelligence” to machines by enabling them to turn thermostats on and… Continue Reading

Fewer Happy Returns in Retail Land as Companies Tighten Generous Return Policies

Vintage leather and rubber winter snow or rain boots. Studio shot on a gray background.

Retailers have finally started to scale back liberal return policies in the face of a litany of abuses by customers. Although there are many legitimate reasons for returns—including receipt of a damaged product, the wrong item or a product that… Continue Reading

Taking a Dive into Amazon’s 2017 Metrics

Chiang Mai, Thailand - April 26, 2016: man hand holding screen shot of Amazon application showing on Asus Zenfone 2 mobile phone. Amazon is an American international electronic commerce company.

Amazon wowed analysts and investors last week with a dramatic earnings beat on the back of remarkable fourth-quarter sales growth of 38%. Amazon provides updates on sales in specific international markets only when it reports its full-year results, as it… Continue Reading

CES 2018 Wrap-Up: Lots of Nice Toys, but No Killer Apps This Year

Volkswagen selects Nvidia to infuse AI into future vehicle lineup

The FGRT team attended this year’s CES trade show in Las Vegas last week. From the preshow press days through the final day of exhibits, it was, as usual, a whirlwind experience. There seemed to be no new killer apps… Continue Reading

Sam’s Club Is Closing One-Tenth of Its Stores and Converting 12 to E-Commerce Hubs: Proof That Store Closures Have Become Respectable?

Walmart

Walmart did not enjoy the positive headlines for very long this past Thursday. Shortly after the company announced that it will be pushing up its hourly wages, boosting parental leave benefits and handing out bonuses to most store-based staff at… Continue Reading

New Year Preview: 2018 Is Likely to Look a Lot Like 2017

2017 to 2018

Here we are again, at the outset of a brand new year that’s full of promise. Many of us have made New Year’s resolutions to exercise more, save money or make improvements in other areas of our lives and, whether… Continue Reading