As the decade comes to a close, it’s important to reflect on the retail moments that impacted what you do, how you sell, and where you invest.
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Farid Mheir
January 6, 2020 8:28 AM
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Harun Sidik Chavda's curator insight,
January 6, 2020 12:11 PM
www.harunchavda.blogspot.com
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Vezta & Co.'s curator insight,
June 9, 2019 11:06 AM
WHY IT MATTERS: Amazon is scaring a lot of retailers. This report makes the case that other industries should also be scared of Amazon. Digital disruption is the name of the game
Rich A.'s curator insight,
April 27, 2019 9:32 PM
A superb case study for the way Industry 4.0 is impacting the retail sector. Great for use in the study of technological impacts as part of a PESTLE analysis looking at a business' macro operating environment.
Haylee Hutchings's curator insight,
May 17, 2019 10:11 PM
This artefact explores Walmart's new technology and its aims to improve the customer shopping experience. Named the 'Intelligent Retail Lab, or 'IRL' for short, this utilises Artificial Intelligence (AI) to track inventory availability and compare to upcoming promotional demand. In brief, it ensures that customers can confirm that their desired item is in stock prior to visiting the store via the app. Walmart is exploiting AI for competitive advantage, aiming to improve customers' perception of reliability and overall experience. However, the article doesn’t actually mention the words ‘competitive advantage’, which will necessitate students adopting critical thinking skills to evaluate where the advantage occurs and justify why. Within the unit, this artefact will be utilised as a stimulus item for students to discuss competitive advantage through embedding it as a link to Flip Grid. Flip Grid is an amazing website and app that allows a teacher to create a closed community topic where students respond to set discussion questions through posting authentic videos explaining their answer. Students will first view the artefact, reading through Walmart’s new Artificial Intelligence technology and then read the related questions displayed on Flip Grid. Students will then respond to each question through Flip Grid’s unique video features to respond to the questions in the topic through recording videos of themselves answering these designated questions. The learning is transformed as students will utilise the higher order cognitive verbs of evaluation and justification when viewing this article to answer a number of questions on competitive advantage within this scenario. These questions and the article are embedded within Flip Grid, allowing the task to be redefined, engaging students.
Hamza Yousaf's comment,
April 13, 2019 10:46 PM
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Roseni Moraes's curator insight,
March 30, 2019 9:18 AM
WHY IT MATTERS: retailers do not need to worry about AI too much: all product vendors will include AI into their products. However retailers need to start collecting and cleanup their data because without it AI will not deliver expected results. |
Curated by Farid Mheir
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WHY IT MATTERS: a look back at the past decade, all signs point to digital transformation to become reality in RETAIL in coming years.