Content about Innovation

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...