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How Can Design and Experience Save Retail Stores?

Copy You might be surprised by this, but the days of shopping in stores are long from over-, in fact, they’re experiencing a renaissance, and are creating a whole new type of design and experience to bring consumers back through the doors. The rise of e-commerce and the pause caused by the COVID-19 pandemic have served as a perfect catalyst for creating a whole new type of experience through unique design features, technological advancements, and customization that will revitalize physical stores in the future. Freshly Store by CuldeSac in Barcelona. Image © David Zarzoso People around the world experience the ease of ordering whatever they want at a click of a button from the comfort of their own homes. But data shows that more than 88% of items added to carts for checkout are abandoned, meaning that there is significant hesitation towards buying everything online. Shopping in person, and getting to see, touch, and smell the items you want to buy is something that technology

Manitoba reports low deaths, increase in COVID-19 cases

What brands can do to be innovative in 2021 during the pandemic

Vyzr Technologies Innovation expert Paul Earle predicts consumers will have an appetite for new experiences and products this year.  Brands can level up with offerings that exude warmth and kindness to make people feel happy and connected. Earle says being conscious of customers habits and lifestyle needs is key going forward. When the pandemic hit, most businesses recalibrated quickly. In many industries, this meant a lot of retrenching: cutting back on services, or for retailers, focusing on basic staples. So while there was plenty of innovation in terms of how companies served customers, there was a lull in the development of new products.

Pepperfry Gets Rs 35 Crore Infusion From Innoven Capital: Report

Pepperfry gets Rs 35 crore infusion from Innoven Capital: Report Pepperfry saw “strong growth” through the COVID-19 pandemic and is on track to profitability. February 12, 2021 / 09:20 AM IST Venture debt fund Innoven Capital has infused Rs 35 crore into Pepperfry – its third investment in the online furniture retail platform. “The funds will be used to increase our footprint across the country and capitalise us even beyond achieving profitability,” Neelesh Talathi, CFO, Pepperfry told The Economic Times. Notably, the company saw “strong growth” through the COVID-19 pandemic and is on track to profitability. It saw a 26 percent revenue jump in FY20, and also slashed losses by 33 percent, as per filings sourced by Tofler (business intelligence platform), the report said.

Manitoba miscalculated flood protection estimates for outlet channels project: report

  WINNIPEG A new report says the province miscalculated flood protection estimates in the Interlake outlet channels design. The $540 million plan would see water flow from Lake Manitoba to Lake Winnipeg via Lake St. Martin. The flood mitigation project has been in the works since the devastation caused by the 2011 flood. Area First Nations commissioned a report by Halket Environmental Consultants to study the project’s potential impact on Lake St. Martin. It concluded a channel of water known as The Narrows acts as a bottleneck creating higher flood water levels in the lake’s south basin. The report said this was not accounted for in a 2013 environmental assessment.

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