Every year, retailers test concepts in their stores in order to meet consumers’ changing shopping habits: from using scan n’ go, no check out lines, or toying with the idea of no shopping carts. Target’s latest version of this revamp will focus on catering to customers who are in a rush and those who want to just get away for a bit. [More]
In an attempt to attract more customers and drum up sales in the face of fewer visitors and just so-so grocery sales, Target turned to innovation, creating prototype stores of the future and launching a super-secret project “Goldfish” that aimed on disrupting the retail landscape as we knew it. Those efforts are no more. [More]
At opposite ends of the shopping spectrum, you have the early adopters who rush to embrace the newest and shiniest products the moment they hit the market, and then you have those who choose to clutch on to the familiar, refusing to change until they have no choice. Even those of us in the middle have likely found ourselves hesitating at some point, reluctant to try something new. Is there some innate distrust in most humans that makes it difficult to fully embrace the latest innovations?
Citing the need for a redesign – and slow sales for its Explorers program – Google stopped selling the most recent version of its Google Glass back in January. While the company declined to provide any specifics on its next version of the device at the time, a newly awarded patent – and sources close to the device’s creation – give a few hints of what might be in store for the high-tech gadget. [More]
Pricey electric-car manufacturer Tesla plans to use its technology to revamp the way we power our homes. [More]
Apple has applied to patent a wireless ordering system that would allow shoppers to place orders from, for example, their iPhones as they approached, oh, let’s say a Starbucks, bypassing an ordering line altogether and going straight to the pick-up counter. The system would also allow stores to keep data on repeat customers to speed up future transactions.