Consumer and Industrial Products

| January 24, 2018

article image
We wrote this paper for executives that are interested in retail innovation & technology, specifi cally those who work with brick & mortar stores. It’s been fi ve years since we predicted that digital channels would reshape store footprints. This year, we saw retailers investing to make that happen. This was also the year we reinvented stores as we knew them, opened shops based on data, and used smart technology to generate insights. We did away with ‘black boxes’ where customers went into shops and revenue fl owed out, and said yes to new and exciting store concepts that deliver outstanding experiences.

Spotlight

Bastian Solutions

Bastian Solutions, a Toyota Advanced Logistics company, is an independent material handling system integrator providing automated solutions for distribution, manufacturing and order fulfillment centers around the world. Our team specializes in material handling system design, consulting, project management, maintenance, and installation, while sourcing the best equipment and automation technology.

OTHER ARTICLES

3 Ways Automated Supply Distribution Can Transform Retail

Article | March 2, 2020

Over the past few years, the retail space has seen a rapid expansion of technological advancement as consumers and employers alike have begun to embrace the latest tools and trends. In fact, nearly three-quarters of retailers are planning to increase technology spending in the next 12 months, according to Total Retail’s 2019 Retail Technology Report. Among the myriad of emerging technology in the retail space, one advancement automated supply distribution is likely to experience strong adoption over the coming year. Automated supply distribution.

Read More

Retail store space can have myriad uses

Article | March 22, 2020

Brick-and-mortar retailers have embodied this concept since the inception of physical stores. The saying is taking on a different meaning for retailers seeking to reimagine the concept of physical stores. No-inventory stores, like Bonobos, are exchanging storefronts filled with large amounts of costly inventory for showrooms stocked with personal stylists, cafés or office space. The concept of the store as a showroom benefits retailers, their customers and their workers. The combination of decreased square footage, lower rents and freed-up cash typically tied up in massive inventories creates new opportunities for all to enjoy. Consolidating most inventory in a few central locations, rather than scattering it across all stores, will increase margin and inventory turns significantly.

Read More

eCommerce losses to online payment fraud to exceed $25bn annually by 2024

Article | April 1, 2020

Ecommerce merchants are set to lose in excess of $25bn to online payment fraud by 2024, from just of $17 billion in 2020, despite the ongoing implementation of SCA (Secure Customer Authentication) in Europe. The new study from Juniper Research, Online Payment Fraud: Emerging Threats, Segment Analysis & Market Forecasts 2020-2024, finds that the popularity of eCommerce and increased card-present security with the introduction of EMV, have made eCommerce payments a compelling target for fraudsters. The research highlighted that eCommerce merchants outside Europe must adopt similar measures to SCA, including two-factor authentication, or they will suffer from increasing levels of sophisticated fraud. Payment gateways will be vital to ensure that these security requirements are implemented at scale.

Read More

Former Amazon exec on the state of retail e-commerce

Article | February 27, 2020

The e-commerce retail environment is only getting more competitive thanks to digital and increasing mobile retail innovations. And while Amazon reins supreme, and often cited as the one to beat in e-commerce, the mega omnichannel player's marketplace can be a prime opportunity for online retailers big and small, brand name or no name. To get insight on what retailers should be doing and not doing in e-commerce to attract customers and drive business we reached out to James Thomson, who headed up Amazon Services for years and runs a summit/education conference for large Amazon sellers. He's also a partner in Buy Box Experts, an agency supporting brands that sell online.

Read More

Spotlight

Bastian Solutions

Bastian Solutions, a Toyota Advanced Logistics company, is an independent material handling system integrator providing automated solutions for distribution, manufacturing and order fulfillment centers around the world. Our team specializes in material handling system design, consulting, project management, maintenance, and installation, while sourcing the best equipment and automation technology.

Events