article thumbnail

3 technology trends set to revolutionize retail

CIO

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Retail 187
article thumbnail

Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

TechCrunch

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi , an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. With the addition of Memomi, the retailer says the interest was both in the tech and the team.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Walmart acquires virtual clothing try-on startup Zeekit

TechCrunch

Retail giant Walmart announced this morning it’s acquiring the Tel Aviv-based startup Zeekit , which allows consumers to virtually “try on” clothing when shopping online. The goal is to provide a similar experience to trying on clothing when shopping online as you would otherwise have had when in a retail store.

article thumbnail

The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. Shanthakumar, Solution Architect – IoT, Retail Business Unit, TCS. With 5G-enabled smart mirrors, a person can virtually try on apparel.

Retail 246
article thumbnail

Pixyle AI wants to make visual search more intuitive for online retailers

TechCrunch

Over the past three years, it has tagged more than 250 million images and says its increased conversions for its retail customers by 10% on average. She told TechCrunch that one of the biggest challenges faced by online retailers is cart abandonment, often because of poor site search and product discovery.

Retail 246
article thumbnail

Lablaco seeks to help usher in the new era of web3 digitized retail

TechCrunch

The future of digital retail has arrived in Paris, naturally. Today, SPIN by lablaco, launched its first digitized retail experience called Web3 Fashion: The Origin Story at the famed Galeries Lafayette Champs-Élysées. Or in other words, no one wants to be the person listed on the blockchain who threw their turtleneck into the bin.

Retail 186
article thumbnail

Virtual dressing room startup Revery.ai applying computer vision to the fashion industry

TechCrunch

students Kedan Li, Jeffrey Zhang and Min Jin Chong, is creating what they consider to be the first tool using existing catalog images to process at a scale of over a million garments weekly, something previous versions of virtual dressing rooms had difficulty doing, Li told TechCrunch. co-founders Jeffrey Zhang, Min Jin Chong and Kedan Li.

Fashion 248