Artificial Intelligence

Key forecasting metrics have remained essentially flat for five years, but one emerging technology offers retailers the chance for improvement. According to the sixth annual Forecasting Benchmark Study from supply chain software provider Terra Technology, companies using sensing demand systems consistently double overall forecast value-add and reduce error by 37%.

It’s early evening in Chicago circa 2020. A courier company van sits in traffic, toting Target packages ordered from a customer’s phone at noon for delivery by end of the day (called AM/PM delivery). Nearby, a car contains a single mom who drives part-time for Deliv; she’s stressed because she may not make the time window selected by a Macy’s customer earlier that day.  

Target Corp. has operated an innovation lab in San Francisco since 2013, but now the retailer is eyeing a more accelerated and outward-focused approach to innovation.

Levi Strauss & Co. knows that the most valuable service store associates can provide is serving customers.

The specialty apparel retailer is working with Intel on a pilot concept at one of its store in San Francisco to give associates near-real-time visibility into store inventory, reducing the time they spend managing inventory.

The term “omnichannel” has been bandied about so much that some feel it is simply a buzzword, but retailers are taking it seriously and working to implement omnichannel solutions and practices.<br style="box-sizing: border-box; margin: 0px; padding: 0px; max-height: 100000px; color: rgb(54, 54, 54); font-family: open_sansregular, Arial, Helvetica, sans-serif; font-size: 14px; background-color: rgb(255,

Seattle — Amazon.com is heating up its selection of consumer devices and digital content. The online retailer is releasing several new Amazon Fire tablet and TV devices, and also introducing a new free digital content service called Amazon Underground.

A week after Apple announced its Apple TV live video streaming set-top box device, Amazon is introducing Apple Fire, a similar live video streaming device that will cost $99 ($50 less than the $149 starting price for Apple TV) and offer similar features such as voice-enable remote control.

The latest posting from the McMillanDoolittle blog:

Target announced a partnership with Instacart in Target’s hometown of Minneapolis. This is Target’s first experiment with same-day delivery of products, and it coincides with the expansion of their grocery and fresh business.

Target Corp. has operated an innovation lab in San Francisco since 2013, but now the retailer is eyeing a more accelerated and outward-focused approach to innovation.

In collaboration with Boulder, Colorado-based startup accelerator Techstars, Target is creating a new retail accelerator program that will launch next year in Minneapolis.