India is Starbucks' biggest Asian market for food sales, and along with joint venture partner Tata Global Beverages, the chain aims to grow further with quickservice menus tailored to local tastes. "We are addressing both taste and health in coming up with our food offerings," Tata Starbucks CEO Sumitro Ghosh said.
Crate and Barrel has boosted sales in recent years with a focus on digital retail and social media marketing, and the chain now does about 47% of its sales online, CEO Neela Montgomery said. The retailer, which declines to sell on Amazon to protect its branded shopping experience, has cut shipping times and won fans with made-in-America products, she said.
Fashion marketplace Farfetch is said to be planning for an initial public stock offering, raising comparisons with Yoox Net-a-Porter, Pamela Danziger writes. The main difference between the two companies is in their business models -- YNAP controls its supply chain while Farfetch partners with global retailers and brands to sell their styles online.
Qualcomm will release a developer kit for its Snapdragon 845 VR platform in the second quarter. Qualcomm's headset includes two cameras for eye tracking, which can be used for direct control or for improving performance by rendering only the parts of screen the viewer is watching.
YouTube users can now livestream directly from Chrome browsers and will soon be able to access livestream features from camera apps on LG, Asus, Motorola, Nokia and Samsung devices, among others. The livestream feature is available through the YouTube Live dashboard, though users will have to verify their identities and also verify that they are in "good standing" before using it.
Lytro, a startup that started as a camera company that focused on the consumer market and then pivoted to developing technology for virtual reality, is being acquired by Google, sources told TechCrunch. The sources said Google is getting the company for between $25 million and $40 million.
About 90 million US customers still pay for cable, and the No. 1 reason they do so is for access to live TV, a Deloitte survey has found. The second-most common reason for not cutting cable is that the service is bundled with internet services, the survey finds.
Kozmo.com, once a delivery service for anything available on the internet, has been revived under new management, with a focus on grocery orders. Now operated by grocery platform Yummy, the company will focus on next-day delivery of orders costing $35 or more with a $5.99 fee.
Thermo Fisher Scientific has purchased IntegenX, known for its rapid DNA testing products including the RapidHit ID System. Thermo Fisher said the acquisition will help it grow in the human identification market.
Warehouses and distribution centers should expect to add cold storage over the next seven years as e-commerce generates increased demand, according to a CBRE report. "With public refrigerated warehouses (PRWs) operating at almost capacity, growth companies will need to rely even more on these PRW operators to fulfill the link in the chain between food industry producers, e-tailers, retailers, distributors and the end consumer," says CBRE's Art Rasmussen.