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Retail Innovation Week

PSFK sent this email to their subscribers on November 3, 2023.

PSFKS RETAIL ININIOVATIOIN WIEEIKG Newsletter
New retail innovation ideas and inspiration gathered by the PSFK iQ team.
In today's retail innovation email, we will explore a range of exciting trends and projects shaping the industry. From eBay's new streetwear pop-up shop to PredictSpring's AI POS feature for store associates, these innovations aim to enhance the customer experience. We will also discuss how DoorDash is encouraging customers to tip, Google's tools for local businesses, and the launch of online stores by architecture group Herzog & de Meuron and luxury lingerie retailer SOL. Additionally, Target's budget-friendly Thanksgiving meal, Instacart's smart cart partnership with Geissler's, and Amadeus and Microsoft's AI-powered travel system will be covered. Lastly, we'll delve into how TikTok is driving sales for resale companies. Stay tuned for insightful analysis and valuable insights on these topics.
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Retail trend macro-analysis by PSFK & TREND GOD - November 2023

These trends in the retail industry highlight the importance of supporting local and independent retailers, rethinking the traditional retail experience by providing unique and immersive experiences, embracing technology and automation to streamline operations, incorporating sustainability and ethical values into business practices, enhancing customer experiences and engagement through innovative approaches, diversifying and expanding retail presence to reach new markets, and blurring boundaries between industries through collaborations and partnerships. These trends reflect the evolving landscape of retail and the need for businesses to adapt to changing consumer preferences and expectations.

More retail insights & analysis: psfk.com/retail-innovation
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If you and your team would like to understand how these ideas could be leveraged to inspire your business: [email protected]
As a leading authority on retail innovation and customer experience, we provide businesses with the insights, strategies, and resources they need to thrive in an ever-evolving landscape. Our integrated approach combines research, content, events, and an extensive network of industry experts to help you stay ahead of the curve and seize tomorrow's opportunities. At PSFK, we empower you to unlock your full potential and transform your business with the ideas that shape the future.


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PSFKS RETAIL ININIOVATIOIN WIEEIKG Newsletter New retail innovation ideas and inspiration gathered by the PSFK iQ team. In today's retail innovation email, we will explore a range of exciting trends and projects shaping the industry. From eBay's new streetwear pop-up shop to PredictSpring's AI POS feature for store associates, these innovations aim to enhance the customer experience. We will also discuss how DoorDash is encouraging customers to tip, Google's tools for local businesses, and the launch of online stores by architecture group Herzog & de Meuron and luxury lingerie retailer SOL. Additionally, Target's budget-friendly Thanksgiving meal, Instacart's smart cart partnership with Geissler's, and Amadeus and Microsoft's AI-powered travel system will be covered. Lastly, we'll delve into how TikTok is driving sales for resale companies. Stay tuned for insightful analysis and valuable insights on these topics. New Report ' i L Our Broadmind.ai analysts explain how best-in-class brands are approachin e iy 4 5 generative Al today, what W:gcr%ratwe Al aresome of the current and Creation emerging use cases and Nl @8 where should you start your Use cases %ies . business' journey. OppoOrtul ' - "BROADMIND Y - 3 eBay's Canal Street Wear pop-up shop offers shoppers authentic streetwear and consignments from luxury brands, as well as an authentication service for luxury product shoppers. Urban Outfitters' Nuuly offers a mix-and-match rental option with an inventory of separates and sometimes brand-owned labels, providing an affordable and more laid back rental option to younger and less affluent customers. TikTok is experimenting with AI to help creators easily add product recommendations to their videos and monetize their content, creating a new and innovative way for brands to reach consumers. Geissler's Supermarkets and Instacart are launching a collaboration to replace the chain's traditional carts with Caper Carts that use computer vision and AI to help customers bag groceries as they shop. The Langham, a luxury hotel in London, is partnering with Liberty London to transform the hotel into a winter wonderland for the festive season. Guests can enjoy festive decorations, Caribbean-inspired feasts, and more. Google is launching a new feature that helps shoppers find local and small businesses, build trust through more details about merchants, and access generative AI tools for product imagery. e Selectaproductimage B Describe the product abotie o favender it Describe the scene. sitingonsnow surcunded by pin banc S nso 8 downons O start it an nspiing e Target offers a Thanksgiving dinner for less than $25 to serve four people, featuring items from their Good & Gather brand, providing price relief after last year's high inflation-driven costs. Bal Harbour Shops, a luxury shopping destination in Miami, is launching a pop-up store tour in the Southeast to showcase its unique offering and style to a broader audience. DoorDash is implementing a new strategy to encourage customers to leave tips for delivery drivers, including notifications for customers with no tip that their order may take longer and tip nudges. Sur La Table and Walmart's collaboration offers same-day delivery across the US, enabling customers to order products from stores and have them delivered quickly. Herzog & de Meuron, a famous architecture group, has launched their own online store to sell furniture and accessories featuring their unique and groundbreaking style. The website features an interactive mood board, ADA compliant design, and a random assortment of features, products, and news. Sweden Unlimited partnered with luxury lingerie retailer SOL to modernize their web store and offer a brand-perfect fit, as well as a fitting appointment booking facility and the ability to book with a personal shopper. Changi Airport's new Terminal 2 offers travelers a unique and immersive airport experience with digital displays, automated check-in, and plant-filled scenery. The Atlanta Braves' new ballpark exemplifies innovative stadium design, combining a sports venue with a mixed-use development to revitalize a neighborhood and attract fans and visitors. The Tampa Bay Rays plan to follow this model with a new 30,000-seat ballpark and multi-use district, offering fans an immersive experience and new ways to engage with the team. Retail trend macro-analysis by PSFK & TREND GOD - November 2023 These trends in the retail industry highlight the importance of supporting local and independent retailers, rethinking the traditional retail experience by providing unique and immersive experiences, embracing technology and automation to streamline operations, incorporating sustainability and ethical values into business practices, enhancing customer experiences and engagement through innovative approaches, diversifying and expanding retail presence to reach new markets, and blurring boundaries between industries through collaborations and partnerships. These trends reflect the evolving landscape of retail and the need for businesses to adapt to changing consumer preferences and expectations. More retail insights & analysis: psfk.com/retail-innovation < | | > i Rl g If you and your team would like to understand how these ideas could be leveraged to inspire your business: [email protected] As a leading authority on retail innovation and customer experience, we provide businesses with the insights, strategies, and resources they need to thrive in an ever-evolving landscape. Our integrated approach combines research, content, events, and an extensive network of industry experts to help you stay ahead of the curve and seize tomorrow's opportunities. At PSFK, we empower you to unlock your full potential and transform your business with the ideas that shape the future. [email protected] Website LinkedIn YouTube Email Copyright © 2023 Retail Innovation Week / PSFK LLC, All rights reserved. Our mailing address is: Retail Innovation Week / PSFK LLC 358 Washington Ave Brooklyn, NY 11238 Add us to your address book Want to change how you receive these emails? You can or .
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