With online shopping becoming ubiquitous, US consumers are willing to take online shopping to the next level. An emerging technology poised to change the face of retail is that of Virtual Reality (VR). Originally developed for the gaming industry, retail is beginning to see the value of enabling the customer to virtually interact with their…
Archives for Industry News
Walmart Launches Sustainability Leaders Shop
Walmart has unveiled its newest initiative to help consumers “live better,” a dedicated online storefront filled with more than 3,000 items produced by 100 leading sustainability companies. In order to sell via the storefront, a manufacturer must be a leader among its peers in the Walmart Sustainability Index. The store spans multiple categories, including grocery,…
Grocery Tops Mobile Shopping in PwC’s Total Retail Consumer Survey
PwC’s Annual Global Total Retail Consumer Survey is in, and the results are quite interesting. Grocery topped the charts as the category with the highest sales on mobile (tablet and smartphone), beating out apparel and electronics by a large margin. These results coincide with the explosion in grocery e-commerce this year, with startups like Instacart grabbing…
dunnhumby’s New Report on Multichannel Grocery Shopping
Market research firm dunnhumby is out with a new report full of interesting insights into the Multichannel grocery consumer, across established, emerging and nascent markets. The report finds that emerging markets in online grocery, such as the US, are experiencing 90%+ YOY growth, an astounding figure. The online market is different from the in-store market in…
2015 FMI/GMA Joint Supply Chain Conference
This year’s Supply Chain Conference, hosted in Phoenix, AZ, was a complete success. ES3 had the pleasure of hosting not only two dinners, but also a General Session and an interactive booth. ES3’s booth featured a different internet-enabled device each day to demonstrate how ordinary everyday items can be connected and controlled over the internet. We are living…
Visit Us at the FMI/GMA TPA Supply Chain Conference!
ES3 is headed to Phoenix, AZ to the FMI/GMA TPA Supply Chain Conference, where we will showcase an interactive booth and an idea-stimulating general session. Join us for our general session on Monday, February 16 at 4:30 PM to learn about the Internet of Things, the Physical Internet, and the future of retail from industry…
Your Farmers Market Delivered, Thanks to Overstock.com
Overstock has kicked off a new partnership with local farmers to deliver fresh produce to your doorstep. The new service, called Farmers Market, connects consumers with small and local farms in their areas, providing access to seasonal, healthy food. At launch, the service reached about 20% of the US population, but Overstock has since expanded the…
Grocery Delivery Then and Now
On Monday, the Wall Street Journal published a compelling comparison of two popular grocery delivery companies, one from the 90s, Webvan, and one from today, Instacart. In Webvan’s heyday, the company was making $239 million in revenue with almost $441 million of venture capital invested. Today, Instacart makes $100 million in revenue and just recently…
The Culinary Institute of America Takes On 3D Printing
3D printed food is likely to start showing up on your plate as chefs gain more practice time with printers. A new partnership between The Culinary Institute of America (CIA) and 3D Systems aims to do just that, adding 3D printing into the CIA curriculum and continuing education. The partnership will commence in 2015, and…
Another Delivery Start-Up: Favor
With Uber making all sorts of headlines, both good and bad, and all sorts of cash, more and more eyes are turning to the possibilities of the crowd-sourced delivery market. Favor is a promising startup currently operating in Boston, Austin, and Dallas. A customer can use the app to order food, in “three taps” on their…