technology

Retail
Lowe’s Ellison, Wayfair’s Shah Foretell Tech’s Surging Retail Impact

As part of a seminar at the National Retail Federation’s Big Show Chapter 1, an ongoing virtual event to be followed in June by a now virtual Chapter 2, Marvin Ellison, president and CEO of Lowe’s and Niraj Shah, co-founder and CEO of Wayfair, discussed the development of their companies before and through the COVID-19 pandemic. The retail executives then looked beyond at a future when the application of technology will improve and simplify the consumer shopping journeys and purchase decisions.

Appliances
Dreame Expands Vacuum Cleaner Production

Dreame Technology has developed a smart motor production factory with the capacity to mass-produce high-speed motors that can reach 150,000rpm, and they will be featured in an upcoming cordless vacuum model expected to be released in March 2021.

Retail
Walmart Sets TikTok Holiday Showcase

Walmart is launching a livestream for the TikTok community that will give participants a chance to shop for select products featured in content from some of the app’s most popular creators, all without ever having to leave the platform, said William White, Walmart U.S. chief marketing officer.

Appliances
Sharp Unveils Smart Microwave Oven

Sharp Home Electronics Company of America has unveiled its first smart countertop microwave ovens featuring Wi-Fi connectivity and certified Works with Alexa compatibility for hands-free operation using voice commands.

Retail
Cost Plus World Market Launches Virtual Holiday Store

Cost Plus World Market has teamed with Rightpoint to launch Cost Plus World Market’s first virtual holiday store. With the COVID-19 pandemic changing customer shopping behaviors, Cost Plus World Market created the virtual holiday store to engage customers online.

Retail
Kroger Joins Whisk Food Technology Platform

Whisk, a Samsung Next food technology platform, has added Kroger to the brand’s ecosystem. Consumers can now turn any recipe from Whisk’s network of publishers, brands and apps into a smart shopping list and instantly purchase for pickup or delivery from Kroger stores.

Retail
Walmart, Oracle Get Tentative Approval For TikTok Deal

TikTok creator ByteDance has received tentative approval for an agreement with the U.S. government to resolve the outstanding issues about the involvement of China’s government in the original organization, which will allow Oracle and Walmart in partnership to acquire 20% of the newly formed TikTok Global business.

Retail
Bed Bath & Beyond Expands Google Cloud Partnership

Bed Bath & Beyond has expanded its relationship with Google Cloud through a multi-year collaboration that will accelerate its omni-always transformation, enabling the company to better serve customers in a digital-first environment. To perform this work, Deloitte will also serve as strategic transformation services partner.

Retail
Amazon To Boost Hiring With Career Day

Amazon will host its 2020 Career Day on September 16. As a part of the nationwide virtual event, Amazon will give attendees the opportunity to learn about the 33,000 corporate and tech jobs currently available across the country, and the thousands of additional hourly positions in the company’s operations network to be announced soon.

Trade Shows
Dallas Market Center, RepTime Partner To Offer B2B Platform

Dallas Market Center and RepTime, a provider of B2B software as a service solutions, have formed a partnership to offer software solutions uniting manufacturers, sales teams and retailers. RepTime will be rebranded as MarketTime, reflecting its position as a 24/7 market solution and omnichannel marketplace platform supporting the complete B2B ecosystem.

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