Specialty Retail
Top stories summarized by our editors
2/20/2019

Facebook recently partnered with Intel in an effort to create an artificial intelligence chip that could be used to create smarter virtual assistants, among other things. Such a chip could also help the company better moderate content across Facebook platforms and improve its internal hardware creation.

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Facebook, Intel
2/20/2019

Qualcomm's Snapdragon X55 modem will help bring in the next wave of 5G-enabled smartphones; the modem will enter the market in new products that will be released at the end of 2019. The Snapdragon X55 works without the need for a second LTE modem, which conserves energy and thus allows manufacturers to create smaller batteries.

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VentureBeat
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Qualcomm
2/20/2019

Younger shoppers are more likely than baby boomers to buy organic items, citing health concerns as the top reason, according to a survey by organic produce company Earthbound Farm. Overall, 40% of shoppers surveyed said they expected to increase the amount of organics they buy this year.

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Earthbound Farm
2/20/2019

San Francisco-based Farmstead grocery delivery service has switched from standard plastic bags to compostable ones. "Our customers and team members felt strongly about compostable bags and we wanted to lead this important change in the perishable grocery delivery space, especially as online grocery adoption is rapidly increasing in the US," says Pradeep Elankumaran, founder and CEO of Farmstead.

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Pradeep Elankumaran
2/20/2019

Speakers at the recent Reverse Logistics Association conference discussed the importance of relationships with third-party logistics providers when it comes to reverse logistics. "E-commerce companies and omnichannel retailers are increasingly outsourcing reverse logistics as a way to build brand loyalty," says Kate Vitasek of the University of Tennessee.

2/20/2019

Do-it-yourself clubs are one way that consumers are encouraging repair of goods, both personally and through right-to-repair legislation, writes Anne Kadet. "People are starting to realize that they can repair their stuff even though there are companies and manufacturers putting up roadblocks," says Vincent Lai of New York City-based volunteer group Fixers' Collective.

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Anne Kadet
2/20/2019

Companies and governments are encouraging product reuse in recent years, writes GreenBiz Chairman Joel Makower. Examples include Ben & Jerry's returnable ice cream container, Sweden's tax breaks for product repairs and Replenish's refillable cleaning product containers.

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GreenBiz
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Ben & Jerry, GreenBiz
2/20/2019

Online furniture retailer Wayfair on Friday opened an outlet store in Florence, Ky., to resell products that have been returned and are in good condition. The store will be in the same building as Wayfair's return center.

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Wayfair
2/20/2019

EBay was scheduled to hold an event called "The Vault" at the McColl Center for Art + Innovation to showcase and sell rare sneakers. "One advantage I think we have is that we have sellers with access to incredibly rare sneakers that you can't really find anywhere else," says eBay sneaker executive Jeff Chan.

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eBay
2/20/2019

L'Oreal-owned hair care brand Garnier will expand its test of a ModiFace tool that lets users virtually try on new hair colors with a launch at 10 Walmart stores this week. The brand launched the tool online late last year, and Garnier will also roll it out to 12 Meijer stores and five Wakefern locations.

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Garnier, Garnier, Walmart, Meijer