Content about Innovation

August 15, 2014

Walmart held its second U.S. Manufacturing Summit in Denver on Thursday and used the occasion to dole out the first of $10 million in grants designed to stimulate innovation and the creation of U.S. jobs.

Walmart held its second U.S. Manufacturing Summit in Denver on Thursday and used the occasion to dole out the first of $10 million in grants designed to stimulate innovation and the creation of U.S. jobs.
 
The initial grants presented this week were given to organizations focused on reducing the cost of textiles manufacturing, including home textiles and apparel, in the U.S. by addressing obstacles throughout production and improving common manufacturing processes with broad application to many types of consumer products.
 

August 7, 2014

Snyder’s-Lance is promising an innovation filled product pipeline for 2015 that includes meal-replacement snacks to drive growth for retailers following a pivotal second quarter for the company.

Snyder’s-Lance is promising an innovation filled product pipeline for 2015 that includes meal-replacement snacks to drive growth for retailers following a pivotal second quarter for the company.

July 31, 2014

GameStopTechnology Institute (GTI), the specialty retailer’s business unit, has entered into strategic partnerships with Shelfbucks, BestFit Mobile and Dynamic Signal to further extend its focus on driving technological innovation and change within its store environments.

GameStopTechnology Institute (GTI), the specialty retailer’s business unit, has entered into strategic partnerships with Shelfbucks, BestFit Mobile and Dynamic Signal to further extend its focus on driving technological innovation and change within its store environments.

GTI was launched by GameStop to pursue an open innovation strategy whereby the company partners with leading organizations and institutions to explore and build best-in-class research and development capabilities.

July 15, 2014

General Mills has inaugurated its first innovation, technology and quality center in China — part of its efforts to drive greater innovation and investment in one of its largest growth markets.

General Mills has inaugurated its first innovation, technology and quality center in China — part of its efforts to drive greater innovation and investment in one of its largest growth markets.  

June 5, 2014

RadioShack has launched RadioShack Labs to support inventors and startups and boost new product innovation, offering a roadmap that takes them from concept to production to distribution.

RadioShack has launched RadioShack Labs to support inventors and startups and boost new product innovation, offering a roadmap that takes them from concept to production to distribution.

The company teamed up with PCH, a respected leader in product innovation, to launch the labs. As part of the relationship, RadioShack intends to offer select PCH Access companies special retail terms, and create a direct path to up to 2,000 RadioShack stores and preferred positioning on radioshack.com.

May 19, 2014

Newell Rubbermaid has opened a state-of-the-art design center in Kalamazoo, Mich., joining a growing list of design-driven companies that recognize design and innovation as a competitive advantage.

Newell Rubbermaid has opened a state-of-the-art design center in Kalamazoo, Mich., joining a growing list of design-driven companies that recognize design and innovation as a competitive advantage.

April 23, 2014

Canadian Tire plans to manufacture digital innovation at a new “App Factory,” that is part of the retailer’s recently open Cloud Nine Digital Innovation Centre.

Canadian Tire plans to manufacture digital innovation at a new “App Factory,” that is part of the retailer’s recently open Cloud Nine Digital Innovation Centre.

Located in Winnipeg, Manitoba, the 28,000-sq.-ft.- facility serves as the core digital hub for the Canadian Tire family of companies and a store network of roughly 1,700 locations. The center will possess 20 times more computing power and 10 times more network bandwidth than the company’s existing technology infrastructure.

March 25, 2014

Balance Innovations has appointed Al Ruth as EVP of technology innovation.

Balance Innovations has appointed Al Ruth as EVP of technology innovation.

Ruth is a veteran of the retail technology industry with 17 years of experience managing data warehouse database solutions and customer support for top-tier retail accounts. In this role, Ruth will be responsible for providing technical perspective in sales efforts, working with the account management team and driving key innovation efforts.

March 25, 2014

GameStop has launched the GameStop Technology Institute (GTI), a new business unit focused on creating affiliations with leading technology corporations and academic institutions to discover and deliver business innovation and technology solutions “to better address the needs of today’s empowered consumer.”

GameStop has launched the GameStop Technology Institute (GTI), a new business unit focused on creating affiliations with leading technology corporations and academic institutions to discover and deliver business innovation and technology solutions “to better address the needs of today’s empowered consumer.”

July 22, 2013

A new era in television technology emerged at Best Buy this weekend which takes screen thickness, picture quality and price points to unprecedented levels.

A new era in television technology emerged at Best Buy this weekend which takes screen thickness,  picture quality and price points to unprecedented levels.

Best Buy’s high end Magnolia shop in located inside its Richfield, Minn., store became the first U.S. retailer to sell LG Electronic’s OLED HDTV. The 55 inch OLED (organic light emitting diode) television features a super thin curved screen that is less than a quarter of an inch thick and retails for $14,999.

May 22, 2013

A day after Hershey announced plans to launch a new brand in China — marking the first time the company launches a new brand outside the U.S in its 120-year history — the company announced plans to open its Asia Innovation Center in Shanghai.

SHANGHAI — A day after Hershey announced plans to launch a new brand in China — marking the first time the company launches a new brand outside the U.S in its 120-year history — the company announced plans to open its Asia Innovation Center in Shanghai. 

May 8, 2013

Hershey is ready to extend its global footprint, and as part of its initiative to drive that growth, the company hosted its first Global Partner Summit, an open innovation forum.

BALTIMORE — Hershey is ready to extend its global footprint, and as part of its initiative to drive that growth, the company hosted its first Global Partner Summit, an open innovation forum. 

The goal of the summit, which was held in Baltimore, was to unleash the combined resources of Hershey’s internal innovation resources and its broad supply base to create new ideas, new capabilities, more sustainable practices and consumer-focused innovations that will drive industry-leading growth.

July 12, 2012

That’s not exactly the question a couple college professors ask in a new booked called, “The Physics of Business,” but it might as well have been. The authors suggest the forces of scale and efficiency are trumping innovation at U.S. companies of which Walmart is the largest.

That’s not exactly the question a couple college professors ask in a new booked called, “The Physics of Business,” but it might as well have been. The authors suggest the forces of scale and efficiency are trumping innovation at U.S. companies of which Walmart is the largest.

June 27, 2012

Launching new products is difficult in the best of times, but winners of the 2012 Nielsen Breakthrough Innovation Award found ways to succeed during one the worst recessions in a generation.

Launching new products is difficult in the best of times, but winners of the 2012 Nielsen Breakthrough Innovation Award found ways to succeed during one the worst recessions in a generation.

Nielsen announced recipients of the awards at its annual Consumer 360 event in Hollywood, Fla., this week after analyzing more than 11,000 new products in the United States between 2008 and 2010. Of the products evaluated, only 34 met award criteria. These products comprise less than 0.5% of all new product introductions during the period.

June 15, 2012

The retail industry has long been chastised for not moving fast enough when it comes to technology innovation.

The retail industry has long been chastised for not moving fast enough when it comes to technology innovation. Perhaps we are now making up for lost time as the industry has changed rapidly over the past ten years alone and retailers are investing in new solutions to keep pace. The evolution of technology has not only changed the way consumers shop, but changed the way retailers respond and how they operate.

March 13, 2012

A Northeastern supermarket chain has made a business magazine's list of the top 10 most innovative companies in the food industry.

QUINCY, Mass. — A Northeastern supermarket chain has made a business magazine's list of the top 10 most innovative companies in the food industry.

March 3, 2011

Former IBM engineers Joseph Woodland and Bernard Silver are among this year’s inductees into the National Inventors Hall of Fame.

Former IBM engineers Joseph Woodland and Bernard Silver are among this year’s inductees into the National Inventors Hall of Fame.

The duo is credited with developing the first optically-scanned bar code after overhearing a conversation in which a food executive expressed a desire to capture more product information at checkout.

October 25, 2010

Skinit, a provider of technology and products to customize personal electronic devices (PEDs) on-demand, announced...

April 29, 2010

Kohl’s Department Stores announced that it has received the inaugural Gold Edison Green Award at...