Retail News: Top Stories
October 16, 2019
Top stories in retail news and the business headlines that interest us today.
Front-of-House Restaurant Operations Tech
“Redwood, CA-based restaurant-tech company Presto has launched a a computer vision product that monitors the front of house in the restaurant and alerts managers in real time to any potential problems.”
Retail Chill
The Washington Post — ‘An early chill for retailers’: Consumers are pulling back just before the holiday rush
“U.S. consumers unexpectedly pulled back on retail spending for the first time in seven months, reviving fears that a weakening economy could finally be taking its toll on American shoppers just before the pivotal holiday season.”
TV Shows Influencing Shopper Behavior
“’Stranger Things,’ ‘Peaky Blinders’ and ‘Fleabag’ were big influences on what consumers bought last year as they rushed to emulate characters from their favorite TV shows.”
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