Month: November 2015

Smart Toy Sales Rise

Smart toy revenues are predicted to reach about $2.8 billion this year globally, UK– the most spending per child, is followed by US. According to data from Juniper Research the popularity of “toys-to-life” should continue to rise with titles from Activision (Skylanders), LEGO (Dimensions) and Nintendo (amiibo) expected to bolster up to 136 million units this year. Weirdly, there is no mention on the list for Disney (Infinity) and its new Star Wars release. This research focuses on smart toys in general which features both the new Anki Overdrive and RealFX racing cars, along with toys like Sphere BB8...

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Smart Home Tech Very Important to Consumers

GfK, a Nuremberg, Germany based company conducted a survey recently on consumers’ opinion for current leading-edge technologies. The study asked customers from a total of seven different countries (US, UK, Germany, Brazil, South Korea, China, and Japan) to choose from eleven leading-edge technologies that would be important to their lives in the next few years. The options range from 3D printing to augmented/virtual reality to internet of Things. Half of the US consumers (51%) believe that smart home technology will have the most impact in the near future, more important than wearables or cloud computing. It is tightly followed by mobile payments...

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Walgreens Buys Rite Aid

Walgreens Boots Alliance Inc. agreed to acquire Rite Aid Corp. for around $9.4 billion in cash to further expand the company’s position in the distribution of medications in the U.S. This move combined the American second and third largest drugstore chains, surpassing market leader CVS Health Corp. This acquisition not only expand Walgreens’ store locations up to about 12,800, all the existing Rite Aid stores will have a makeover. The revamped Rite Aid’s stores will focus on health and wellness, as well as beauty. Some of the older style stores will be revitalized as well. The process of switching...

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Save Up to 90% on Clothes with ThredUp

It all started when James Reinhart, a newly graduate from Harvard Business School, had an idea on an online clothing exchange for women and kids. This 30-year old graduate started with a Zipcar and he would drive down to San Francisco– the venture capital hot spot with his sale pitch at hand. However, like the rest of the startup businesses, the beginning of this journey is not easy, he got shot down 27 times. At one meeting, one of the business owner laughed at his idea and asked if his idea was asking women to swap their panties. That was 6 years ago,...

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Top 10 Most Intimate U.S. Brands

“Brands are still largely depicted in purely economic parlance as intangible assets and measured through a rational lens”, states the report from brand consultancy MBLM. However, it continues to argue that the reality of the relationship between consumers and brands are more than complex. The report draws result from 6,000 customers as well as 52,000 brands in the U.S., Mexico, and U.A.E. What does the report show is that people have a stronger connection with their cars and food than they do for their electronics, with the exception of technology sector’s domination. Apple, without doubt, tops the “intimacy list” with U.S. consumers....

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