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Competition is stiff, but retailers know what it takes to compete

CIO

Changing consumer behavior and expectations, competition from major e-retailers, evolving cybersecurity challenges, inflationary pressures, sustainability and environmental concerns, and the pressure to take advantage of AI are all very real concerns for retailers today.

Retail 97
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Hexa raises $20.5M to turn images into 3D objects for VR, AR and more

TechCrunch

But HTC’s focus has increasingly shifted over the years from mobile to VR, and it evidently sees Hexa as aligned with its current — and perhaps even future — lines of business. We conducted an early round due to tripling our customer base in 2023,” Atias told TechCrunch in an email interview.

3D 219
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Meet retail’s new sustainability strategy: Personalization

TechCrunch

It may not be as glamorous as D2C, but beauty tech is big money. Reducing waste is key to meeting environmental milestones, and some retail firms have narrowed in on a unique approach to minimize what their customers throw away: personalization. Advanced virtual fitting rooms with VR/AR for fashion.

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Nigerian startup Taeillo raises funding to scale its online furniture e-commerce platform

TechCrunch

Individuals or businesses buying furniture in Africa can purchase from local furniture stores or global furniture retailers like IKEA. The company, which doubles as a manufacturer and retailer, can be likened to Wayfair and now-defunct Made.com. But that growth and progress didn’t come without headaches.

Retail 289
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10 Key Trends of Digital Transformation in Healthcare in 2022

OTS Solutions

Technology has proven important in maintaining the healthcare industry’s resilience in the face of so many obstacles. The healthcare business has embraced numerous technology-based solutions to increase productivity and streamline clinical procedures. Digital Transformation in Healthcare: Emerging Patterns.

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Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity

TechCrunch

What China’s new data privacy law means for US tech firms. It’s not just venture capitalists and Big Tech who are beefing up their presence in the region. The answer to bringing sustainability to the industry, she says, is using tech to personalize the retail experience: AR virtual try-on with shade matching.

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How the use of technology in retail stores are helping them withstand competition

Trigent

A look at how the use of technology in retail stores are helping them outplay the e-Commerce giants. It’s no secret that retail businesses are going through a pivotal phase; an existential crisis triggered by skyrocketing rate of digital adoption and the burgeoning presence of biggies like Amazon and others. alone in 2020.

Retail 97