| Consumers Prefer Rewards To Discounts; Plus Retail's Worker Gap; And Henri Bendel Shuts Down.  | | | | | | | | | | | | | | | | | | |  | | | | | | MATCHESFASHION.COM ’s Technology-Driven Retail Experience | | | | Unlike many of its peers in digital luxury retail, MATCHESFASHION.COM is not entirely new to physical retail experiences, as it has always had physical shops. But its new 7,000-square-foot location in London is very different than anything it has offered before, and is a bit different from anything anyone is offering anywhere. And some think it might be offering a new blueprint for how brands can tie their digital and app experiences to their in-store locations to provide something actually unique for consumers. | | | | |
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| | | | | | |  | | | | | | Taking On The Last Mile Of Prepared Food With Local Retail Partners | | | | How can companies get prepared food from commercial kitchens to consumers’ refrigerators without having to rely on delivery? Territory Foods, among other companies, is partnering with local businesses to create a network of pick-up locations. Founder and CEO Patrick Smith explains how the company takes on last-mile logistics and caters to local tastes in multiple markets. Read More... | | |
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| | | |  | | | | | | Walmart’s International Omnichannel Expansion | | | | Walmart is on an overseas eCommerce investment tear: The retailer just announced a $225 million acquisition of South American delivery marketplace Cornershop. At the same time, the retailer recently received approval for its $16 billion Flipkart acquisition in India. How do these investments fit into Walmart’s global strategy and help the retailer fend off competition from Amazon overseas? Read More... | | |
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| | | | |  | | | | | | Today In Data: Innovative Solutions In Search Of Problems | | | | The right direction of fit in innovation usually involves finding a problem and then engineering a solution. As it turns out, a much better direction of fit might be finding a solution and engineering a problem. It’s a lesson that sounds obvious, but seems to require frequent refreshers. Read More... | | |
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