Virtual shopping gets real in Toronto subway station

Maria S.
http://www.ctv.ca/generic/generated/static/business/article2389896.html
23 words 17 learners

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Full list of words from this list:

words only definitions & notes
  1. motion
    the act of changing location from one place to another
    Ali Asaria, founder of Well.ca and a former software engineer at BlackBerry maker Research In Motion Ltd., got the inspiration for his digital store from global grocery giant Tesco, which has tested the concept for rushed commuters in a Seoul, South Korea subway station.
  2. iteration
    the act or process of doing or saying again
    “You no longer have to drive to, or walk to, the store … It tells the story of the future of retail – the store can come with you anywhere you want.” Well.ca’s store of the future is the latest iteration of high-tech retail, aimed at reinventing shopping through the use of mobile devices and e-commerce to shave costs and draw customers.
  3. embedded
    enclosed firmly in a surrounding mass
    Earlier this year, the Bay launched a virtual store greeter named Anna, welcoming passers-by to shop in its new virtual gift store where they can purchase a product by touching the shelf it’s sitting on with a QR code-embedded card.
  4. bolster
    support and strengthen
    Retailers are betting that investing in technology such as this can help them operate more efficiently and bolster business.
  5. exceed
    be or do something to a greater degree
    Commerce through smartphones and tablets is expected to exceed $100-million globally within a couple of years from virtually nothing just a couple of years ago – transforming the retail landscape, said Cliff Grevler, partner in the Boston Consulting Group in Toronto.
  6. ubiquitous
    being present everywhere at once
    Mobile connectivity is making Internet access ubiquitous.
  7. accord
    concurrence of opinion
    In 2010, 43 per cent of mobiles sold were smartphones and, in 2015, the number is expected to jump to 71 per cent, according to his figures.
  8. proponent
    a person who argues for a cause or puts forward an idea
    It was gaining attention on Twitter, where proponents old and new were talking about the new virtual drugstore, which will run for a month.
  9. disrupt
    interfere in someone else's activity
    Jordan Banks, boss of Facebook Canada, was among the high-profile business figures to weigh in. “Well.ca disrupts retail landscape with Canada’s first-ever virtual store,” tweeted Mr. Banks, who is also an early investor in Well.ca and sits on its board of directors.
  10. site
    the piece of land on which something is located
    The former head of eBay Canada and Jump TV said he is proud to be tied to the online shopping site as it sets its sights on re-shaping retailing in Canada.
  11. initiative
    serving to set in motion
    As a result of the initiative, Well.ca was on its way to selling more Tide detergent on Monday than it sold in the entire month of March, he said.
  12. overall
    involving only main features
    With overall sales growing in the double digits monthly, Well.ca would like to set up the virtual store in other cities across Canada.
  13. generic
    relating to or applicable to an entire class or group
    Read more: http://www.ctv.ca/generic/generated/static/business/article2389896.html#ixzz1qxjZ6h7X
  14. static
    not in physical motion
    Read more: http://www.ctv.ca/generic/generated/static/business/article2389896.html#ixzz1qxjZ6h7X
  15. commuter
    someone who travels regularly to and from work
  16. hub
    a focal point around which events revolve
  17. emerge
    come out into view, as from concealment
  18. clothier
    a merchant who sells men's clothing
  19. connectivity
    the property of being connected or the degree to which something has connections
  20. boom
    grow vigorously
  21. emanate
    proceed or issue forth, as from a source
  22. disruption
    an act or event that causes a delay or break in an ongoing activity
  23. tally
    the act of counting; reciting numbers in ascending order
Created on 四月 3, 2012 (updated 四月 3, 2012)

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