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Tag: technology

Five Ways 5G Technology is Impacting Retail, and What’s to Come

by Kayla Matthews At times, it may seem that technology is pushing for retail to become wholly online. While e-commerce is rising at a meteoric rate, the latest tech isn’t leaving brick-and-mortar retailers in the dust. Some new advances like 5G could revolutionize the physical retail industry. 5G isn’t just a new gimmick for phone …

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De Beers Adopts Mobile POS Technology To Personalize In-Store Experiences

De Beers Jewellers, the luxury retailer best known for selling diamonds, is implementing Oracle Retail Xstore Point of Service and Oracle Retail Xstore Office Cloud Service solutions across its 33 stores in 15 countries. With the mobile customer service and checkout capabilities of the Xstore Point of Service solution, the retailer seeks to help its store associates …

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Top retail CIOs say technology experiences & implementation are the future of retail

The Indian retail industry is considered one of the fastest growing industries in the world and technology is emerging as an efficient tool in nudging it to the forefront of global retail. But the retail industry is competitive, it’s relentless and the success of brands and retailers depends on how firmly they deal with their …

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At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

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Shippers demand efficiency and technology brings that – Cogoport president Flemming Frost

Digital practices and technology adoption are bringing greater productivity, effectiveness and profitability in the shipping and logistics industry, Cogoport president Flemming Frost told industry leaders at a major shipping conference in the Netherlands.  Speaking at the Evofenedex SCM Summit in Zoetermeer, Frost said the time is now ripe for technology to play a much bigger role …

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ECOMMERCE AND THE FUTURE OF RETAIL TECHNOLOGY

Modern Retail talk to Kooomo, a cloud commerce platform built for global eCommerce businesses. Why was the Company created?  Giovanni Meda, Founder & CSO: We first created the software following a need by Zerogrey, our sister agency which is an eCommerce Specialist. Zerogrey’s eCommerce managers had many fashion customers that needed a digital solution that …

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Fashion Technology Platforms – The Fashion Retailer

Platforms or conglomerates business models excel at optimizing resources and reduce financial risks (everything impact on financials such as over-stocking, slower lead-times…). It´s the story of “a basket of eggs or eggs in baskets”. Understanding what is the value proposition and leveraging your key resources and partners is crucial to grow in a sustainable way. …

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Technology integration: The vital centrepiece at the heart of great customer engagement

With retail no longer limited to the sales floor, retailers recognise that each interaction is now much more than a transaction. The traditional checkout remains important, of course, but customers expect fast, easy, personalised service – regardless of location, device or platform – at every touchpoint. It is from this perspective that Ergonomic Solutions will …

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Raghu Krishnananda, Chief Technology Officer, Myntra

Myntra has appointed Raghu Krishnananda as its Chief Technology Officer. Prior to taking up this position, he was the Head of Service Platforms at Samsung Research Institute. He has over two decades of experience in technology, leading teams in design, product development, technology strategy and program management. In his previous role as the Head of …

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Myntra names Raghu Krishnananda as its new chief technology officer, Retail News, ET Retail

Fashion etailer Myntra has announced a new appointment in its leadership team. Raghu Krishnananda has been named as its new chief technology officer (CTO). He was last working as the head of service platforms at Samsung Research Institute in Bengaluru. With over two decades of experience as a tech expert, Krishnananda has led R&D teams …

Myntra names Raghu Krishnananda as its new chief technology officer, Retail News, ET RetailRead More