Specialty Retail
Top stories summarized by our editors
8/21/2017

Walmart expanded a grocery delivery test with Uber to Dallas and two Florida cities Monday, after launching the pilot in Phoenix in 2016. With more than 53 e-commerce-ready stores, the Dallas-Fort Worth market is the retailer's biggest for online grocery sales.

More Summaries:
Walmart
8/21/2017

Target has completed a $10 million makeover of its downtown Minneapolis store, and the new look reflects the retailer's focus on the shopping experience in the digital age. Specialty lighting replaces fluorescent bulbs, beacons let shoppers open in-app maps to navigate the store, and the grocery department sports a new upgraded design.

More Summaries:
Target
8/21/2017

Walmart is grabbing an increasing share of the grocery market in the US through efforts including expanding its organic produce selection in stores and online, testing grocery delivery to face competition from Amazon and discounters ALDI and Lidl, developing cantaloupes that stay sweet all year and tomatoes that are more flavorful, and scoring exclusive product deals for snacks like Oreo O's cereal and Jelly Donut Oreos.

More Summaries:
Walmart, Lidl, Aldi, Amazon
8/21/2017

A growing number of consumers in Toledo, Ohio, are heading online to grocery shop through third-party services such as Instacart, Shipt and AmazonFresh, as well as retailer-run e-commerce programs like Kroger's click-and-collect offering. The trend reflects what is happening nationwide as online food, beverage and alcohol spending gets set to grow from $20 billion this year to $66 billion in 2022, according to data from the Commerce Department and Kantar Retail.

8/21/2017

The Nest Learning Thermostat last received a cosmetic upgrade six years ago, though a recently leaked photograph from Evan Blass indicates that the device has received a makeover. The company has not commented on the photo at this time; Nest's last new release came about two years ago.

Full Story:
TechCrunch
More Summaries:
Evan Blass
8/21/2017

Andy Rubin believes artificial intelligence features in his Essential smartphone will handle more tedious tasks, allowing the owner to be away from it for longer. Rubin says, "If I can get to the point where your phone is a virtual version of you, you can be off enjoying your life, having that dinner, without touching your phone, and you can trust your phone to do things on your behalf. I think I can solve part of the addictive behavior."

Full Story:
Bloomberg
8/21/2017

Microsoft has launched trailers for Xbox One X and Xbox One games, including "Jurassic World Evolution," "Assassin's Creed Origins" and "Forza Motorsport 7." The company also showed off its limited-edition Project Scorpio Xbox One X console, which hits shelves Nov. 7.

Full Story:
VentureBeat
More Summaries:
Microsoft, Forza Motorsport
8/21/2017

Monster this month will roll out voice-activated versions of some of its headphones. The company teamed up with Speak Music to add the voice options, as well as artificial intelligence components, to its Clarity HD, Elements and iSport Freedom V2 headphones.

Full Story:
TWICE
More Summaries:
artificial intelligence
8/21/2017

The most recent iPhone release drove carriers such as AT&T, Sprint and Verizon to offer discounts that ended up costing them $200 per subscriber in the last half of 2016, Jefferies Group LLC reports. While companies aren't looking to be as aggressive with deals this year, it could happen if one company caves to the pressure and others follow suit, Reade Pickert writes.

Full Story:
Bloomberg
8/21/2017

E-commerce powerhouses such as Amazon and Alibaba still perform strong, but niche sites such as Dollar Shave Club, 73Hours and Houzz stand to gain customers through better personalization. These sites focus on curating offerings for customers and helping them discover products they hadn't considered before.

Full Story:
TechCrunch
More Summaries:
Dollar Shave Club, Alibaba, Amazon, Houzz