Lowe’s and Virginia Tech have developed a new wearable robotic suit with lift-assist technology that helps employees lift and carry merchandise through the store more efficiently and with less change of repetitive injuries. The exosuit is now being piloted at Lowe’s Christiansburg, Virginia store, and it was a product of Lowe’s Innovation Lab.
Walmart is currently “testing new approaches in two recently opened supercenters" in Tomball, TX, and Lake Nona, FL featuring new layouts and technology to improve the shopping experience, according to a corporate blog post written by Jeff Muench, senior director of Business Development. The pilot is designed to see how new features can help boost the overall customer experience and help raise sales.
A new robotic prototype from Swiss company Teleretail AG would be capable of traveling distances up to 50 miles to deliver goods, expanding the potential for suburban and rural delivery applications, according to TechCrunch.
Target has unveiled 360 ° Shopping, a virtual experience on its website, that features curated living room looks and the ability to browse some 140 products in a virtual living room designed to help visualize the size, scale and styling of items, according to a company blog post.
DICK'S Sporting Goods, Inc. is experiencing a high as it capitalizes on the current turmoil in the sporting goods market. Last year’s bankruptcy of rival Sports Authority helped boost DICK’s sales and position, as it won intellectual property rights and some store leases in its wake. Golfsmith also exited the market last year, giving DICK’s a larger share of the marketplace.
New owner says it is liquidating assets at all locations, but only closing some of them.
In the latest move to improve fulfillment and boost customer engagement, Target has announced that it is launched a pilot of Target Restock, a program that allows customers to shop for household essentials online and have them delivered to their home the following day. The pilot will be conducted this summer in the Minneapolis area.
Walmart published patent for system of connected sensors to monitor product consumption.
Brett Whalin joins company as head of global enterprise-wide information, product, and data security.
As retailers face growing pressure to facilitate seamless transactions across a variety of touchpoints, they are failing to adequately equip themselves to perform. Despite the growing importance of cross-channel commerce, a new study from 1WorldSync has found that 60 percent of retailers have invested less than 20 percent of their total commerce budget on digital and mobile commerce expansion in the last year.