Earlier this month, at the Google Pay sandbox at I/O, Google demoed a “smart mirror.” From what I saw in the demo, the mirror currently has the ability to track and display on the mirror products brought into the dressing room via an RFID tag on each item, show the item’s size and color and … Continue reading It’s time for a smarter shopping mirror – says everyone who hates trying on stuff in stores
Much was made about the rise of online shopping this past holiday season. Amazon, specifically, had a great season but in general online sales increased by 11% over 2015, with mobile sales rising by 23% according to Adobe, who measures 80% of all online transactions from the top 100 U.S. retailers. Yet in a recent … Continue reading The state of fashion retail: stores strike back!
It’s the first week of December, just another week in the busiest shopping season of the year for many American retailers for whom holiday sales account for “as much as 30 percent of annual sales.” Retailers will jump through hoops to get shoppers to complete purchases, offering freebies, sales and “doorbusters” just to get customers … Continue reading It’s the most wonderful time of the year… new adventures in shopping
Yesterday Jet, a members only marketplace said to be a mix of the best of Amazon and Costco but has yet to launch, raised $140M led by Bain at (you might want to sit down) a valuation of nearly $600 million. This for a company that hasn't launched, a marketplace that hasn't sold a single … Continue reading Jet: show me the product!