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.
Corporate investment from big mall owners into non-real estate companies is concentrated among a few big players.
Recent patent applications show Amazon and Walmart looking into connected refrigerators and trash cans that can sense spoiled food or discarded products, which could help the retailers automatically ship new products to shoppers.
Who needs zippers? MIT researchers are using live bacterial cells that open and close as heat and sweat build up to create moisture-responsive workout suits.
Startups are outfitting retailers with augmented reality, beacons, wearables, and more to bridge the gap between digital and physical shopping.
By coupling airborne drones with smarter RFID systems, MIT researchers may make missing packages a thing of the past.
Software is still eating the world, but startups with brick-and-mortar businesses are seeing investor interest too. We identified 23 VC-backed startups with local retail business models serving healthcare, retail, fitness, hospitality, and food services.
Efficiency is vital in the low-margin grocery business, and startups are offering grocers new tools to reduce waste, optimize pricing and merchandising, automate the checkout process, and more.