The Science Of ...

How retailers use tech (and why Foschini is partnering with start-ups)

We’re rolling out Wi-Fi in our stores.

Brent Curry, The Foschini Group

We’re absolutely committed to working with small businesses and start-ups.

Brent Curry, The Foschini Group

We’re looking at machine learning… We’re using IBM’s Watson… We’re going to go into virtual reality… and artificial intelligence… and chatbots…

Brent Curry, The Foschini Group

Retailers are increasingly using technology.

One such retailer is The Foschini Group (TFG).

It extensively partners with tech start-ups.

The Money Show’s Bruce Whitfield interviewed The Foschini Group Chief Information Officer Brent Curry for his weekly “The Science Of” feature.

Curry discussed why TFG prefers partnerships with tech start-up instead of flying solo.

He also touched on the risks involved in such partnerships, and how TFG chooses partners.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

We’ve shifted into ecommerce.

Brent Curry, The Foschini Group

We work with a start-up called WumDrop.

Brent Curry, The Foschini Group

We make money on the product; like we’ve always done.

Brent Curry, The Foschini Group

We’re more lenient with them [small businesses and start-ups].

Brent Curry, The Foschini Group

We’ve worked with a company called Sea Monster [augmented reality app].

Brent Curry, The Foschini Group

We’ve got to say ‘pay in any way you want’.

Brent Curry, The Foschini Group

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Article brought to us by Old Mutual.

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