Intel Wants Smart Glasses To Be A Thing
E-commerce platforms will account for a third of total retail sales by 2030, according to a new report by consulting group A.T. Kearney. The rapid transformation is leading traditional brands to rethink how they arrange their stores. Landlords are reconsidering their tenant mixes, bringing in more food and entertainment options. And digital start-ups are setting up a physical presence of their own, albeit more cautiously and with a different approach than the industry’s precedent would suggest. “Right now we see traditional retail space built for twentieth-century shopping behaviors … now we are in the twenty-first century, and we have to rethink how we use the space to engage consumers,” Michael Brown, the author of A.T. Kearney’s “Future of Shopping Centers” report, told CNBC. “We’re starting to see a slow transition.” Part of that transition is retail landlords scaling back on apparel. American Dream Meadowlands, a massive retail development underway in New Jersey (spearheaded by Triple Five Group) set to include an indoor ski slope and KidZania, is just one example of that, Brown said. Read more at CNBC.
