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March 26, 2016 08:00 pm GMT

Why every household is about to get a brand-new fridge

A LG representative shows a smartphone with Home Chat in front of a LG smart refrigerator on the final day of the 2014 International CES, January 10, 2014 in Las Vegas, Nevada. The LG Smart Home system with the Home Chat smart platform allows users to communicate with home appliances via text message.   Photo: ROBYN BECK/AFP/Getty ImagesToday’s retail economy is focused on acquisition and retention costs. Getting into people’s homes and turning them into long-term brand buyers is the goal, and appliance makers control an untapped resource — the Internet of Things — that can effectively extend a brand or retailer’s supply chain visibility into the home. Read More

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