Lowe’s Has Work-In-Progress Digital Upgrade; Plus, Gap Enters Resale Retail Race; And Hotels Hit Hard By COVID-19 Spread | | | | | | | | | | | | | Kraft Heinz's Evolv: Backing Micro-Fulfillment’s Evolution At The Grocery | | In eCommerce, and specifically fulfillment, might the mantra be: Think big, go small? For grocers making the transition to the digital age, micro-fulfillment centers located at the back of the store may solve a myriad of logistics/inventory challenges. Evolv Ventures (the $100 million venture arm of Kraft Heinz) Managing Partner Bill Pescatello tells Karen Webster how a new investment in Israeli startup Fabric can bring automation to the corner store and help speed up deliveries. | | |
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| | | | | | | As Gap Joins thredUP, Resale Continues Its Momentum | | Retailers of all shapes and sizes are embracing resale, as the startup platform thredUP signs big retailers and increases its in-store footprint. Currently, resale is about 6 percent of retail sales — at issue, though, is how fast it can grow for the struggling retailers it has partnered with. Take a spin through this offering. Read More... | |
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| | | | | Privacy And Personalization Clash For Retailers | | Deal maker or deal breaker? Consumers want personalization from online retailers or they won’t buy from them. Consumers also want that to happen with no threat to their privacy. Retailers need to make both of those connections or risk customer acquisition and retention failure. Here's what's at stake in the privacy conundrum. Read More... | |
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| | | | | | Enabling Delivery And Voice With Digital Tech | | Brands are getting a literal voice with the help of digital tech, while quick-service restaurants are collaborating with online platforms to allow them to deliver their menu items to diners. Here’s a snapshot of how Amazon Polly provides text-to-speech capability and how Krispy Kreme plans to enable nationwide delivery. Read More... | |
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