Retail Rundown

Retail Technology

The event, a first of its kind for Walmart, drew an exclusive group of high-tech brands, technologists and venture capitalists to debut the latest in VR.

Back in July, the startup incubator unit led by Store No. 8, put out an open call for companies in the VR space to pitch their best ideas for virtual reality that could transform the world of commerce.

Fyusion’s tech uses 3D image processing to curate Modcloth products in VR. Credit: Corinne Ruff

After sifting through 200 applications, Walmart’s head of e-commerce, Marc Lore, selected five companies to incubate for a period of eight to 12 weeks.

Talk about bringing you the full VR experience! Walmart’s No. 8 store held an exclusive event for the five companies to showcase projects.

The winning companies received funding to develop a concept for an immersive retail experience and they were guided by executives from Store No. 8 and brands like Modcloth, Bonobos and Rebecca Minkoff.

Walmart’s Future VR Adventure


E-Commerce

San Francisco has brought about many changes throughout history, from political/social movements to the emergence of Uber and now that fastest grocery delivery service. And it’s not Amazon!

Farmstead is an e-grocery startup that launched earlier this month in San Francisco. They are offering a free “Express Pickup” service that allows customers to pick up their online orders just thirty minutes after placing them.

With its new 30-minute pickup option, Farmstead, which refers to itself as a technology company rather than a grocer, has established the fastest order fulfillment time in the U.S. industry.

Farmstead is betting on speed to help it stand out from the competition.

E-Grocery Startup: Farmstead


Brick-and-Mortar

PetSmart is introducing a new store format to capitalize on their fastest growing market, pet grooming.

The Groomery, focused exclusively on pet grooming services, with the first locations opening in Manhattan and Oak Park. The new format features a salon-style modern design in a boutique-sized space of about 1,800 sq. ft. to 2,500 sq. ft., which is much smaller than a traditional PetSmart. It offers such classic pet grooming services as baths, brushes, haircuts, nail trims and grinds, teeth brushings, paw maintenance, flea & tick treatments and de-shedding.

They also capitalized on play-on-words, with high-end “Spaw” treatments for your pets. It’s an experience your pet will never forget.

PetSmart’s New Store Format


Socail Media

I am currently a senior majoring in Retailing and Consumer Sciences while minoring in e-commerce. I hold the position of Social Media Manager for the Terry J. Lundgren Center For Retailing at the University of Arizona, where I am responsible for creating social media platforms that not only enhance our brand but also educate the world about retail trends. I am what you call a Retail Enthusiast, I am intrigued by the way the retail industry is evolving and what it has to offer. In my free time, I enjoy the outdoors, yoga, good music, and good company.