Kohl's And TJX’s Big Wins And News, Plus Best Buy Bails On Mobile Stores And DoorDash Is Officially A Food Delivery Unicorn.
 
 
 
 
 
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March 1, 2018
 
 
 
 
  ShopTalk®
 
 
 
The Secret To A Better Fit? Fighting Arbitrary Sizing
 

Finding an outfit that goes on easily and actually looks good should not be as difficult as sending a rocket to the moon. According to Kit CEO and founder Merin Guthrie, however, lunar travel sure can feel like the easier choice for most women who've tried to buy off the rack. The problem? The sizing system is mostly arbitrary and perhaps a bit sadistic. The solution, Guthrie says, is to dispense with the current fit entirely — and come up with something entirely new.

 
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  Grocery Innovation
 
 
 
Computer Vision To Avoid Scan Avoidance
 

Scan avoidance is rampant at grocery self-checkout lanes, and even manual checkouts are susceptible to this type of theft. It can be hard to stop people from bypassing the scanner, even with cameras, since unscanned items generate no data. Malay Kundu, CEO and founder of StopLift, says artificial intelligence is the answer. With computer vision, stores can identify who’s stealing and intervene in real time — and, just as importantly, reduce unwanted interventions with honest customers.  Read More...

 
  Supply Chain
 
 
 
KFC Supply Chain Woes Fowl Up Business
 

First, KFC ran out of chicken, then it ran out of gravy. Shortages have forced closures and reduced menus at hundreds of KFC locations across the U.K., and it all traces back to the QSR’s decision to switch distributors from food delivery specialist Bidvest to the cheaper DHL, a firm known for delivering books and toys from eCommerce merchants. What started as a cost-savings move has ended up losing the brand millions of dollars — and still has yet to be resolved.  Read More...

 
  Car Share
 
 
 
Car Sharing Makes Inroads On Roads Down Under
 

Car share companies like Australia’s Car Next Door and U.S.-based Turo have taken an Airbnb-like approach to car sharing offerings, serving as a marketplace that connect car borrowers with car owners. Here’s how the logistics and technology work for one Airbnb-like car share provider.  Read More...

 
  What's Hot Today in Retail
 
 
- Kohl's Smashes Earnings, Pairs With Aldi
 
- Best Buy To Shutter US Mobile Phone Stores
 
- DoorDash Becomes The Food Delivery Unicorn
 
- TJX Shares Rise After It Beats Holiday Estimates
 
- Google's Rivals Claim EU Ruling Not Good Enough
 
- Mastercard And MegaFon Partner For Mobile Pay
 
- Contrary To Kylie Jenner, Snapchat Is Doing Just Fine After Redesign
 
- Spotify Gears Up For $1B IPO
 
 
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