This year's retail tech is so last year...

JBU's International Business Practicum gave students a sneak peek into the future!

Wednesday, February 3, 2016

I recently came across an article from Business Insider about the “mall of the future.” It showcases new technology that is making its way into the Chinese retail space. One particular item featured in this article caught my eye: an interactive mirror that detects your body type and enables you to try on clothing virtually. This innovation leads to a more efficient and enjoyable shopping experience. The mirror was developed by Li & Fung, and I had the opportunity to see it last year through JBU's International Business Practicum. I spent 10 days gaining first-hand cultural business experience in China. Take a look at some of my pictures...
 

Here is our group at the Fung Business Intelligence Centre in Hong Kong:

Fung Business Intelligence Centre in Hong Kong


This is where we learned about the future of retail. You can see the interactive mirror behind the presenter on the right:

Fung Business Intelligence Centre in Hong Kong


We also visited Yihaodian, one of the many fast-growing eCommerce startups taking the Chinese mobile marketplace by storm. Walmart acquired a majority stake in the company last year in order to expand their eCommerce business in China.

Yihaodian


Yihaodian can deliver an online order in a metropolitan area within hours of it being placed. This service is relatively new here in the U.S., but Yihaodian and similar companies have been providing it in China for years.

Yihaodian


Another highlight of the trip was visiting Walmart's China headquarters, as well as their Asia headquarters.

Walmart's China headquarters


Here we are in front of a Chinese Walmart store:

Walmart's China headquarters


It was also neat to see the largest volume Sam’s Club in the world.

Walmart's China headquarters


We took a bullet train from Shanghai to Beijing, because why not?

 bullet train


While in Beijing, we received an economics briefing at the U.S. Embassy. We also spent part of a day learning about management at the world-renown Drucker Institute.

China Team


The China experience wasn’t all business, though. We also toured the Forbidden City in Beijing…

China Team


...and experienced the local culture by shopping in the local markets.

China Team


We saw (and ate) a lot of interesting food…

China Team


...and we drank some of the best hot tea on the planet!

China Team


We finished our trip at the Temple of Heaven, an incredible end to an incredible 10 days!

Temple of Heaven


JBU offers trips like this every year. I went to China, but our students also travel to places like Guatemala and Brazil. The best part? These trips are open to all of our Graduate Business students.

Check out our Study Abroad opportunities here!

 

 

Blog HomePosted By: Connor Phillips - 2/3/16 8:00 AM

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