In recent years, we have discussed the need for retailers to rethink how each uses their physical space to keep their brick-and-mortar stores relevant as digital commerce continues to grow.
Artificial intelligence (AI), voice-recognition technology and fast connectivity will help spur overall U.S. consumer technology industry revenue to $377 billion in retail revenues in 2018, a 6% increase, according to the Consumer Technology Association (CTA).
Fitbit has partnered with the Council of Fashion Designers of America (CFDA) to launch the PH5 for Fitbit Versa collection. The new line of accessories combines an unconventional approach to knitwear, featuring six bands in a variety of bold styles and colors, the company said.
Keurig Green Mountain will partner with and invest in LifeFuels, Inc. to accelerate commercialization and growth of the latter’s patented portable drink maker.
For the Spring High Point Market, Twin Star Home is getting active with the company demonstrating the efficacy of its adjustable height desk line.
According to the NPD Group Connected Intelligence wearables industry overview and forecast, while overall activity tracker ownership continues to see growth, up more than 11 million devices in the second quarter compared to the year prior, the most substantial growth in the category includes devices with heart rate monitors.