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Artificial Intelligence

  • Nordstrom offers insight on Amazon competition

    Anxiety over Amazon.com is at an all time high this holiday season and a top executive at Nordstrom shared insights recently on competing successfully.

  • Former PepsiCo exec sees light at new firm

    Jeremy Cage was named CEO of the global LED lighting firm Lighting Science Group.

    Cage, 48, was selected to lead the company based on his experience in building major brands, his success in developing commercially-appealing technologies and bringing them to market, as well as his distinguished track record of strengthening business models and improving operational efficiencies, according to a statement by Lighting Science Group.

    Cage replaces Brad Knight, who served as interim CEO while the board worked with an executive search firm. Knight will continue to serve as COO.

  • Honeywell reinvents, expands scanner capabilities

    Fort Mill, S.C. — Honeywell has introduced a next generation scanner said to offer retailers improved label reading properties and increase checkstand throughput.

  • Co-inventor of bar code passes away

    NEW YORK — Norman Woodland, co-inventor of the bar code which transformed global commerce in the 1970s, passed away Saturday at the age of 91 from complications related to Alzheimer’s, according to a Reuters report.

    The advent of the bar code reshaped retail decision-making and supply chains and its impact continues to be felt today. Five billion products are scanned optically using the bar code every day, according to GS1 US, the American arm of the global UPC standards body.

  • Sears Holdings goes far afield for new board member

    HOFFMAN ESTATES, Ill. — New York Mets baseball executive Paul DePodesta is the newest member of the Sears Holdings board.

    Although his qualifications are somewhat unconventional, DePodesta was elected to the board because his experience as VP of player development and amateur scouting for the Mets is believe to help Sears Holdings in the area of personnel development.

  • Bain Capital-owned sourcing solution firms taps new GM

    NORWALK, Conn. — LogicSource, a sourcing solutions firm owned by Bain Capital, has appointed Sam Vail to the newly created GM spot for its OneMarket technology division. Vail will be responsible for driving OneMarket’s “Concept-to-Customer” solutions strategy, product marketing and business development.

  • IBM Study: All consumers looking for a consistent experience, from start to finish

    Armonk, N.Y. -- The consumer of the future will be more mobile, social and self-sufficient, willing to share details on themselves and their preferences in exchange for highly personalized relationships with their favorite stores, according to a new IBM consumer survey. The study also found that consumers’ willingness to advocate for a particular retailer is becoming multi-faceted, with consumers looking for a flawless experience, whether it’s when they’re researching, purchasing, or receiving delivery.

  • Survey finds increased IT hiring projections

    Menlo park, Calif. -- Technology executives expect information technology hiring to increase in first quarter 2013, according to the just-released Robert Half Technology IT Hiring Index and Skills Report.

    In the latest quarterly survey, 17% of chief information officers (CIOs) said they plan to expand their IT departments, and 8% expect cutbacks, for a net 9% projected increase in hiring activity. This is up six points from the previous quarter's projections. Seventy-five percent of CIOs plan to maintain their current staffing levels.

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