Artificial Intelligence

Apple is reportedly planning an overhaul of its once ground-breaking retail stores.

When Apple first opened retail stores 13 years ago, it set out to change retailing in everything from the product displays to the wireless point-of-sale devices and its Genius Bar tech support. The approach was innovative and widely successful.

I recently had the chance to spend some time talking with Dan Ward, cofounder of app development firm Detroit Labs. Since 2011, Detroit Labs has developed apps in its downtown Detroit center, rapidly growing to 75 employees and serving a wide range of companies including Domino’s Pizza. Here are five tips for developing a successful retail app gleaned from my conversation with Ward:

1. Connect the brick-and-mortar and digital channels

From drones to self-driving cars to a Barbie capable of having “real conversations with kids,” the 112th Toy Fair announced this year's hottest trends in toys.

Creative toys that epitomize the Maker Movement (explained below), innovative "smart" playthings, and toys that make a "splash" are among the top toy trends of 2015, according to experts at the U.S. Toy Industry Association (TIA).

San Francisco -- Deputy Secretary Sarah Bloom Raskin, U.S. Department of Treasury, on Friday discussed next-generation retail payment technologies designed to protect the convenience and sense of trust consumers hold for what has become an increasingly digital marketplace with several industry leaders across the omnichannel supply chain at the White House Summit on Cybersecurity and Consumer Protection.

By Michelle A. Thompson, Director, Learning, Home Depot University

How do you mold a large workforce with a significant part-time segment into experts in home improvement so customers get the answers they need every time they walk in the doors of The Home Depot?

It requires committed associates, strong leaders, and innovative learning solutions.

Palo Alto, Calif. -- Describing  cyberspace as the new "wild, wild West," President Barack Obama on Friday said that while everyone expects the government to be the sheriff, the private sector must do more to stop cyberattacks. He also called for the passage of a single national standard requiring consumers to be notified within 30 days if their financial or personal data is stolen.

Palo Alto, Calif. -- Tim Cook, CEO of Apple, defended the consumer’s right to privacy and security on Friday in remarks at the White House Summit on Cybersecurity and Consumer Protection.

A few years ago, the Fitbit exploded onto the wearables market, and the idea that you could track your physical data throughout the day became the latest fad for health buffs.