Why Amazon is eating the world

 I co-founded a software startup in December. Each month, I send out an update to our investors to keep them updated on our progress. But the past month was a bit different – our industry (retail) is going through a transformation. Instead of just writing about our ‘internal’ news, I wrote about the impending apocalypse in the broader world of retail. More specifically, I… Read More

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Xiaomi puts the focus on India with plans to open 100 retail stores

 Xiaomi is increasing its office retail presence in China as bids to gain ground stolen by rivals in its homeland, and now it is making that very same push in its second largest market, India. The Chinese company, which is valued at $45 billion, suffered a tough time last year as sales growth slowed — Xiaomi, notably, didn’t go public with sales figures for 2016 — but India… Read More

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Sense360 raises $7 million to track customers in fast food restaurants

 Physical tracking in shops has been a global trend since at least 2013. Using a cell phone’s location data and video monitoring retailers have been tracking customers’ movements through stores in an effort to regain some of the ground lost to the online retail experience.
At least, that’s the argument from stores. And now fast food restaurants are picking up the rallying… Read More

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The death of retail is greatly exaggerated

 I’ve been thinking a lot about retail these days and I’ve been connecting the dots between the seeming death of retailers like Ralph Lauren and the book industry. In short, we are feeling the seismic echoes of the 2008 crash right now on Main Street and things are both ugly and pretty at the same time. The book industry, like the music industry, nearly imploded when the world… Read More

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Amazon’s retail ambitions include furniture and appliances, plus groceries in India

 Amazon’s brick-and-mortar retail plans currently focus on its ongoing roll-out of physical book stores, as well as its very limited experiments with cashier-less convenience, but it could expand those ambitions significantly with a number of plans currently in the works. The New York Times reports that it’s also exploring ways it might retail appliances and furniture, two categories… Read More

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Bulletin offers a flexible approach to shared retail space

Bulletin SoHo In the startup world, opening a real-world, physical store can seem a bit quaint. Who wants to deal with the sky-high rents charged in prime, urban locations, not to mention getting locked into a long-term lease? Well, a Y Combinator-backed company called Bulletin is looking to offer a more flexible experience for brands who want to sell their products in brick-and-mortar stores — COO… Read More

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