Artificial Intelligence

As more retailers embrace the reverse trajectory of opening an online store first and a physical store second, the beauty industry is leading the way.

E-commerce has been the fastest-growing retail channel in the U.S. beauty market, with a compound annual growth rate of 24% since 2009, the Kline Group reported on Tuesday. And more of these online retailers are opening physical stores.

WOONSOCKET, R.I., and ARMONK, N.Y. — CVS Health and IBM on Thursday announced they will use predictive analytics and Watson cognitive computing for care management services for patients with chronic disease.

Hangzhou, China – A week after unveiling a cloud protection plan and releasing more than 60 new cloud products and solutions through its cloud computing subsidiary Aliyun, Alibaba is not standing still.

The Chinese Internet giant is firmly staking a claim in the cloud with the planned investment of an additional $1 billion to fuel further growth at Aliyun.

A week after releasing more than 60 new cloud products and solutions through its cloud computing subsidiary Aliyun, Alibaba is making more bold moves.

The spring and summer has brought with it a flurry of new store concepts, from established players, international newcomers and online stars. Check out the six below.

Seattle – Amazon.com continues its evolution into a full-service technology platform with three services essentially designed to help retailers do everything. These services include support for start-ups, expansion of the Amazon Aurora database engine, and a hosted fulfillment/logistics platform.

Kohl’s is looking to mold the minds of the next generation of retailers with an innovative new program for students.

Beijing – Chinese e-commerce platform JD.com Inc. has unveiled an enhanced version of its online enterprise procurement platform, JD Enterprise. The JD Enterprise Intelligent Procurement Platform, initially launched in late 2014, uses data-driven insights to make the procurement process more efficient for both suppliers and customers.

The new services unveiled will enable corporate customers to manage more of their procurement functions directly via JD Enterprise.