Retail Revolution

Despite advancements, AR struggles to take off in retail

Augmented reality right now is big among two categories: beauty or furniture. It has yet to take off among apparel retailers, which is the next step in order for AR to become more mainstream.

Latest Stories

  • JAN 17, 2020

    Surreal cuisine: Why investors and entrepreneurs are intrigued by ghost kitchens

    A new type of restaurant is becoming popular, and you can't sit down in it. Called "ghost kitchens," these delivery only establishments are catching entrepreneurs' eyes and investors' capital.

  • JAN 14, 2020

    After years of hype, RFID is still struggling to catch on in retail

    Once heralded as an integral part of the store of the future, RFID tags have never gotten widespread adoption as the cost of deployment and tech hurdles have remain stubbornly high.

  • JAN 13, 2020

    Why Starbucks will never get rid of human labor

    Starbucks is investing in new technology to make ordering and pickup faster. But, the company maintains that it's not trying to eliminate the need for human help. At a recent retail event, the coffee giant's president and CEO, Kevin Johnson, explained why.

  • JAN 13, 2020

    Robots are changing retail, but not where you can see them

    Robotics has been considered a disruptor for years now. But we haven't quite seen how the automated technology will transform the retail industry. While a number of well-funded robotics startups crash and burn, a few others operating in the background have shown a growing demand for retail robotics.

  • JAN 10, 2020

    ‘A mishmash of products’: What went wrong at Pier 1 Imports

    Pier 1 is planning on shutting down nearly half of its stores. It's a drastic measure for a floundering retail brand. How did it get here? Due to years of ignoring the competitive landscape and being unable to rebuild a modern brand.

  • JAN 09, 2020

    ‘Drove themselves into a brick wall’: Forever 21 is hoping e-commerce will drive its turnaround

    Forever 21, which was brought down by opening too many stores that were too big, now sees e-commerce as key to its turnaround. President Alex Ok said in a press release that e-commerce accounts for 25% of Forever 21's sales, and "forms a large chunk of the profitable core of our operations and as part of our new global strategy." When Forever 21 filed for bankruptcy in September, the company said it would close as many as 178 U.S. stores. While analysts and industry observers say that Forever 21's e-commerce operations could use a refresh, they maintain that the company's biggest problems remain the size of its stores, its cluttered layout, and a failure to respond to fashion trends as quickly as competitors.

  • JAN 07, 2020

    In effort to boost retention, e-commerce startups are selling access to events and content

    As subscription startups look to boost their retention rates, they are doing away with the term subscription. Instead, they're pitching customers on joining a membership, where they'll get access to more than just product. The hope is that by giving subscribers access to more exclusive perks like events or special sales, they will stick with the service longer, and spend more money with the company

  • DEC 24, 2019

    In 2020, expect a shakeout in the clothing rental market

    This year, a number of brick-and-mortar retailers announced that they were piloting clothing rental services. Now, the big question in 2020 is how many of them will survive. Most of these new rental services are structured as a monthly subscription, and the hope is that these services prove to be a profitable, recurring revenue stream for brick-and-mortar retailers. But that recurring revenue stream doesn't come easily.

  • DEC 23, 2019

    Looking for a turnaround, Rite Aid is hitting some obstacles

    Rite Aid posted a solid earnings report and its stock is skyrocketing. But it faces a long road ahead to turnaround its ailing business. Meanwhile, bigger competitors like Walgreens are facing similar headwinds, indicating that traditional pharmacies are in a bit of a rut.

  • DEC 18, 2019

    Why 2019 was a big year for point-of-sale lenders

    While individual retail credit cards lose their luster, new programs providing no-interest loans are becoming much more popular. New data shows just how quick these services are growing, and how this past year helped these companies get some real traction.

  • DEC 16, 2019

    ‘Seemed like kind of a mishmash’: Why Walmart’s digital brands strategy sputtered

    As Bonobos founder Andy Dunn prepares to leave Walmart, it's the latest sign of trouble for the company's group of digitally native brands. When Dunn joined Walmart in 2017, he was supposed to help the company find other digitally-native brands that would be ripe for acquisition, and help Walmart to attract more high-income shoppers. Instead, the company has found other ways to target a more affluent consumer.

  • DEC 13, 2019

    As Peloton tries to find a growth path, it needs to contend with cheaper competition

    Peloton has had a rough week. First, it aired a TV ad that was widely panned. Then, a short seller brought up some searing points about the competitive landscape. The question remains: Can the exercise company rely on its cult-like status to become the multi-billion dollar brand investors think it can be?

  • APR 02, 2020

    To optimize campaigns, TV advertisers are starting to look beyond age and gender

    In a new guide for brand and agency marketers, learn the most cutting-edge measurement and attribution techniques preferred by advertisers that have successfully scaled their TV budgets.

Modern Retail+ Talks: Direct to Consumer’s Future
Apr 9, 2020

Exclusively for Modern Retail+ members: Hear from Colin Darretta, CEO and Founder of Wellpath, on the future of direct to consumer business.