In a presentation first shown at the FT Future of Retail Summit 2017, senior analyst Zoe Leavitt dives into the ways tech startups are leveraging AI, IoT, virtual reality, and more to revive physical retail.
Retail bankruptcies have piled up in 2017, from mall mainstays like The Limited to industry leaders like Toys R Us. At the same time, however, investors are pouring record amounts of cash into technology startups that view brick-and-mortar retailers as a viable client base. These startups aim to work with retailers, offering new technologies to enhance traditional stores.
Can these startups save physical retail? What technologies are most effective? And what’s going on with Amazon’s drone patents?
Using CB Insights funding, investor, and patent data, we discuss these questions and more in the short video below. For more on retail tech trends, check out our roundup of Amazon and Walmart patents and our list of 23 VC-backed brick & mortar startups to watch.