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Bits & Bytes | Facial Recognition in Malls, Walmart vs Amazon

This week, retailers use facial recognition to collect customer data, while Walmart narrows price gap with Amazon.
Walmart store front | Source: Shutterstock
By
  • Victoria Berezhna

Facial Recognition Is Tracking Customers as They Shop in Stores (CNBC)
"Retailers are using facial recognition to collect data about customers as they shop in stores, according to an IT company with insight into the space. The data collected include how many people are coming in, age, ethnicity and gender, and customer identities are kept anonymous."

Walmart Narrows Price Gap With Amazon (Retail Dive)
"Walmart is closing the pricing gap with Amazon. In 2016, its online prices were, on average, 3 percent higher than Amazon's; this year, by contrast, prices at Walmart.com are just 0.3 percent more expensive. In some categories, Walmart beats Amazon, including in wearables and sports categories."

The State of the Wearables Market (PCR)
"Combined with a whole host of new and improved smart products, from trainers to heart monitors, the market potential has never been so great. In fact, the wearables market was recently valued at around $14 billion. Old favourites — such as smart watches and fitness trackers — are still leading from the front."

This Manufacturing Method Can Create Flexible Wearable Electronics (Medical Design & Outsourcing)
"Researchers have created a manufacturing technique for soft electronics called hybrid 3D printing, which allows wearables to flex with the body. The method involves combining soft, electrically conductive inks and matrix materials with rigid electronic parts and putting them into a stretchable device."

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