Artificial Intelligence

The Vitamin Shoppe renews Revionics price optimization
North Bergen, N.J. – The Vitamin Shoppe has signed a multi-year renewal agreement for Revionics price optimization technology. Three years ago the Vitamin Shoppe implemented the Revionics price optimization platform in an effort to undertake a more strategic, data-driven approach to its pricing strategies and tactics.
Report: CVS will open Boston innovation lab
Woonsokcet, R.I. -- CVS Health will reportedly open a 15,000-sq.-ft. digital innovation lab in Boston during the upcoming winter. According to BetaBoston, CVS hopes to ultimately have about 100 employees working at the center, both new hires and workers moved from the CVS headquarters in Woonsocket, R.I.

Dayton Mall to introduce Artec Group Shapify Booth

Dayton, Ohio -- The Dayton Mall is launching the Shapify Booth, a 3D full body scanner from Artec Group, on Tuesday, Nov. 18 in the mall’s center court. The booth takes a full scan of a person in 12 seconds, which is then 3D printed to create a full-color figurine called a “Shapie.”
Shared WiFi app wins PayPal ‘BattleHack’ contest

San Jose, Calif. -- PayPal and Braintree have named named the $100,000 grand prize winner of the 2014 BattleHack Series. At the World Finals, competitors were tasked with building an application that incorporates PayPal, Braintree or Venmo APIs. The grand prize was awarded to the team from Tel Aviv, with two hackers, Shai Mishali and Pavel Kaminsky.
Three Hot Workforce Management Trends from KronosWorks

As a focus area of retail technology, workforce management may not be quite as sexy as CRM or omnichannel commerce. However, a lot of very exciting stuff is currently happening in the world of workforce management, as attendees of the recent KronosWorks 2014 conference in Las Vegas discovered. Here is a brief summary of three of the hottest current workforce management trends.
CVS Health to open 'health 'innovation' lab

CVS Health has confirmed a report that it is planning to open a CVS Health Digital Innovation Lab this winter in Boston that will focus on “building customer-centric experiences in health care.”
Woolworth's rolls out Galleria promotional display optimization solution

Chicago -- Accounting for over a third of grocery retailers' total sales, promotions are a top priority. Recognizing the profit potential, Australian retailer Woolworths prioritized the implementation of process improvements that would promote efficiency through its promotional strategies.
Popeyes and APT partner on Test & Learn software

New York -- Applied Predictive Technologies announced that Popeyes Louisiana Kitchen will license APT's Test & Learn software to test business initiatives such as menu strategies, pricing, and capital investments.
Rebecca Minkoff partners with EBay on connected stores

New York –- Specialty retailer Rebecca Minkoff has opened a “connected store” powered by EBay technology in the SoHo neighborhood of New York City, and will open connected stores in San Francisco Nov. 19 and in Los Angeles in 2015, respectively. Using EBay technology, the stores include mirrored displays with touchscreen video content that let customers request associate assistance or order drinks.
Target acquires shopping technology firm

Minneapolis -- Promising an “Amazon-like experience” in its stores, Target Corp. has acquired a Pittsburgh technology firm that says its software platform brings "an Amazon-like shopping experience" to in-store customers. Target and Powered Analytics co-founder Collin Otis have confirmed the deal but have not disclosed the terms. The firm will reported remain headquartered in Pittsburgh.
Kronos to release gamification feature in Workforce Central suite
Whole Foods Market uses digital installations to elevate store experience