Home Times, a furniture store supported by Alibaba Group technology, has opened for business in the Chinese city of Hangzhou. Attracting between 1,500 and 3,000 daily visitors since opening, the furniture store is another example of Alibaba’s New Retail model. In recent months, Alibaba has expanded that model out to a variety of sectors, following the opening of its hyperlocal Hema Supermarkets, which have shown how analytics and technology can transform traditional grocery stores into a se