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Bankrupt beauty: Lessons from Revlon’s supply chain failures

Inside Retail

For Revlon, cumulative debt has meant some of their raw material suppliers are no longer sending shipments, cutting production and leaving the company only able to fulfil 70 per cent of orders, against an industry standard of around 95 per cent. Known as a trailblazer, Revlon was once the most radical company in its space.

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Are Third-Party Marketplaces the Growth Driver Legacy Retail is Looking for?

Retail TouchPoints

It’s true that some of this marketplace momentum can be attributed to retailers looking to take a bite out of Amazon’s pie by launching their own “Everything Stores” (Walmart and Target in particular come to mind). Private labels offer the advantage of higher margins but come with the logistical burden of manufacturing and fulfillment.

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Time to De-Uberize: the Hidden Power of Live Commerce

Retail TouchPoints

Most of them, of course, achieved their initial success through the use of creative advertising and storytelling, often in mass-market print and television. The story can be unique to your brand and can guide shoppers in an arc from indecision or curiosity through an emotionally fulfilling experience. Dragorad Knezi is CEO of eyezon.

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Last-Mile Delivery and Its Impact on Urban Mixed-Use Environments

Retail TouchPoints

While suburban shopping malls and department stores have fallen victim to COVID, some smaller retail brands and local stores in walkable neighborhoods with a mix of uses, where people live, work, shop and relax, have thrived ( LA Times , 2020). A New York-based start-up advertises “groceries delivered in 15 minutes”.

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Getting to Grips with Gen Z

Retail TouchPoints

However, this is contradicted by the fact that Gen Z use stores for clothes more than millennials, although those physical locations may be more about a 24-hour pop-up than a four-story, stone-clad traditional department store.

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How Innovative Partnerships, Business Agility and Verticalization Can Revive Brick-and-Mortar Retailing

Retail TouchPoints

As more consumers relied on ecommerce during lockdowns, many first-time users discovered its ease and convenience, making it more crucial for brick-and-mortar stores to differentiate their experiences. With store closures, brands and retailers have had to bolster their omnichannel strategies.

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How personal shopping app Gimme aims to disrupt online delivery

Inside Retail

The alternative is for you to go in-store, but that takes time and effort.”. Gimme aims to offer the best of both worlds: the ease of online shopping and near-instant fulfilment of buying something in-store. . But he expects to see an uptick in orders going through department stores once they reopen.

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