Indoor GPS Could be Retail's Response to E-Commerce Competition

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    NEWSLETTERS

    Picture this: You walk into a new, huge grocery store. You can’t find the mustard. So you bring up a mobile app, type in “mustard,” and it tells you exactly where it’s located. It takes you there, too, telling you when to turn left or right, just as your everyday GPS would direct you to a friend’s house.

    This “indoor GPS” technology is being developed by Radnor, Pa., couple Mary Kate and Chet Dagit — and they think it could potentially change the way we shop at grocery stores, find an item within a sports stadium or locate someone who needs help.

    They started RTP Holdings in 2012 (the same month as their 10-year wedding anniversary). It took the pair two years to spearhead their now patent-pending Lokita software, which brings the smart-device positioning indoors.

    Read more at PBJ.com.