Despite what some industry groups might say, it is clear that online shopping has severely impacted the revenues of traditional brick and mortar retail stores. Does that mean that retail is dead, or at least on its way out? No. But, the retailers that survive the next decade will need to innovate and pivot their … Continue reading Can a combination of AI and VR save brick and mortar retailers?
Bryan Clark, via The Next Web: After five years of fighting to increase profits, J.C. Penney is shutting down 130 stores nationwide. For one California startup — and anyone who’s been inside J.C. Penney lately — this didn’t come as a surprise. Orbital Insight, a venture-funded startup in Palo Alto, uses satellite imagery to track … Continue reading Satellite imagery can predict retail performance, according to startup
Back in 2001, several thought-leaders in the software development world got together and tried to reinvent the business processes behind turning code into something useful and marketable. The result is known as the Agile Manifesto and has spurred on a revolution in how software is made, with a pragmatic, market-driven and user-centric approach. When AirBnB … Continue reading The future of commercial real estate development will be Agile
They say, "the sky's the limit," but perhaps not for long when it comes to commercial real estate development. The valuation of real estate is based on a simple principle: there is only so much land on the surface of our planet. What if we could open up a little more land for development, even … Continue reading Next up in Commercial Real Estate Development: The Moon!