Wednesday, March 8, 2017

Palo Alto startup predicts retail failure via satellite images

Palo Alto startup predicts retail failure via satellite imagesAfter five years of fighting to increase profits, J.C. Penney is shutting down 130 stores nationwide. For one California startup — and anyone who’s been inside J.C. Penney lately — this didn’t come as a surprise.

Orbital Insight, a venture-funded startup in Palo Alto, uses satellite imagery to track the health of major retailers by analyzing car groupings in the parking lot. . . . more

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