While some retailers are setting up innovation labs, university centers like Wake Forest University Center for Retail Innovation seek to promote new, creative ideas with the next generation of executives. Director Roger Beahm says the center will ensure that our graduates are market-ready in terms of consumer products and retail research and data analytics. "Innovation centers should be thermostats — not just thermometers — that set the temperature of innovation and utilize talent to help create change."
Read more in Retail TouchPoints.