This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A brick-and-mortar store is in constant motion. The assortment, merchandising, layout—all change often. Why? In order to maximize revenue and provide top-notch customer service, of course. This is great, but there’s a real challenge behind knowing which strategy is the right one. Will that new display drive sales? Will a new product bring in more shoppers?
In today’s world, collecting data and basing decisions on the calculated data is critical to success, especially in the retail market. Retailers depend directly on consumers for their business growth, which has placed shopper experience and customer satisfaction at the top of the priority list, making customer and market research very important. The introduction of big data in retail allows retailers to curate more relevant, valuable and enjoyable experiences for their shoppers since customer da
We’ve produced an interactive virtual visit for the team at the fantastic Hammerton’s Brewery so you can get to take a tour without leaving the comfort of your sofa! Of course, the purpose is to allow you to explore the brewery before you get down there to sample some of the great beers they brew and soak up the atmosphere. The virtual visit is an incredibly valuable tool to any real world experience that you want to capture online allowing your visitors to explore and experience the
In a world where we are bombarded with constant information, art is still one of the biggest forms of inspiration. When harnessed in the retail sphere, art draws customers in, evokes emotion and tells a story. Window display is a The post Window Display Goes Big Just in Time for Holiday appeared first on Medallion Retail.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
One last post for September! Here is a recap of industry news from the last week. As always, sources are in the hyperlinked text after the headline. Brands + Retailers. Forever 21 files for bankruptcy. Fast Company. Barney’s receives interest from potential buyers. The Wall Street Journal. WeWork still needs cash after pulling IPO. The Wall Street Journal.
Pricing information is readily available for consumers at any time of day. Whether they’re looking online or in-store, they can find real-time prices in the blink of an eye. To put this in perspective, 96 percent of Wiser survey participants stated that they plan on comparing prices before making purchase decisions. They’re actively staying up-to-date on price changes and trends to find the best deal before deciding on a product.
Pricing information is readily available for consumers at any time of day. Whether they’re looking online or in-store, they can find real-time prices in the blink of an eye. To put this in perspective, 96 percent of Wiser survey participants stated that they plan on comparing prices before making purchase decisions. They’re actively staying up-to-date on price changes and trends to find the best deal before deciding on a product.
Merchandising is often viewed as presenting or displaying items in a way that makes them visually appealing and desirable to shoppers. Themed window displays, dressed mannequins and beauty stands are all examples of visual merchandising. But, when it comes to effective merchandising, there’s more than just what meets the eye. While it’s important for a display to look good – and there are reasons why visually engaging displays look the way they do – there are a great many other
The team have been busy helping develop a new store concept for the Camden Tea Company which will be opening soon In the West Yard, Camden lock. You’ll be able to sample over 100 teas and create your own mixes guided by their experts so be sure to take a visit next time you’re nearby and we wish Daniel & team the best of luck with their exciting new venture!
It’s no secret that physical high street stores are struggling to survive. As online shopping continues to rise, the number of physical stores being closed down is also growing at an alarming rate. This has led to a lot of concern over how long physical stores can last in this new digital era.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Happy Monday! Here is a rundown of news from the last week. Sources are in the hyperlinked text after the headline. Brands + Retailers. Amazon’s new multi-story warehouse aims to cut delivery times. The Wall Street Journal. Old Navy outlines growth plans as standalone company. The Wall Street Journal. Madewell files paperwork to take itself public, a spinoff from J.Crew.
How did the biggest brands and retailers in the world get to the top? In part, they understood the competition. You can’t be the best—and stay the best—unless you know how you compare to your competitors, how you are different, and how you can capitalize on their mistakes to grow your market share. This is especially true regarding price. Consumers are incredibly price-sensitive.
Many factors affect a customer’s decision before buying items from a given company, whether online or in physical stores. But why are customer reviews so crucial to any business? Customer reviews are highly beneficial to your business or brand and have the potential of increasing your overall sales compared to paid ads. Statistics show that 90 percent of shoppers find and read reviews online before visiting a retail store or site for purchase.
The Benefits of #bim , the next part in my series, for today’s post let’s talk about Sequencing your steps. We model an accurate set of sub-models for each construction and fit-out phase, the next step is coordinating this sequence with the client, this ensures materials, FFE and crews are more efficient onsite. Complete with animations, the BIM model enables a better coordination of steps and processes, delivering a more predictable path to the expected outcome for our clients.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
AMH Material Handling has completed two projects for George clothing at the Asda Lymedale facility in Newcastle under Lyme. The projects have seen AMH increase storage capacity by 250,000 units and significantly speed up order throughput for George’s ecommerce operation.
Minimum advertised price (MAP) is defined as the lowest price that a retailer can advertise a brands product for. But this does not mean that this is the lowest price that they can sell it for. It just means that that’s the lowest price that they can show online or in an advertisement. The right MAP provider can help your team save hours of time looking through eCommerce sites or online advertisements to see whether your resellers are following the agreed-upon MAP policy.
The world of online retail is hyper-competitive. Merchants that operate in this space must be agile, informed, and confident in their decision-making process. For FOAL, LLC, operator of OneStopEquineShop.com , a better solution was needed for its pricing intelligence and rule-based repricing goals. The online merchant was expanding into larger marketplaces such as Amazon and eBay, which required increased automation and better competitor pricing data.
Do you own a retail shop, or thinking of starting one? Here are 10 tips you should follow to make sure your business starts, and remains, on firm financial footing. . 1. Don’t Go Big. When you are just starting out, you may be tempted to get the biggest space you can. However, the fact is rent is a major line item for any business, and ideally you want to keep costs as low as possible, especially in the beginning.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
With 79 percent of marketers saying mobile is the cornerstone for business, there has been a lot of buzz about location-based mobile marketing and its increased open rates and improved ROI. Retail businesses looking to effectively promote their brands to the right audience at the right place and time are particularly very interested in this strategy, and it has become more common not only in the advertising of brands but also in promoting their various charitable causes.
No lines, lots of choices, affordable deals, shop anytime and anywhere – these are just some of the many reasons why 51 percent of Americans prefer to shop online. Needless to say, the online retail industry has gotten bigger. From $390 billion in 2016, total sales jumped to $453 billion in 2017. While it brings great opportunities for entrepreneurs, the stiff competition in the market, plus the enormous demand for high-quality service, make succeeding in this industry challenging too.
Sustainable business practices have changed from simply being a brand differentiator to becoming a necessity for retailers. Consumers are increasingly curious and proactive in understanding the origins and impact of their purchases, and seek transparency from retailers. In a report by Accenture Strategy in 2018, 62 percent of consumers wanted companies to take a stand on issues like sustainability and transparency.
The retail market continues to grow rapidly. Over the past couple of years, the strategy of retailers has changed markedly. If earlier retailers were primarily focused on rapid growth, an increase in the number of stores, the development of distribution and delivery, and an expansion of the audience of new customers, now the focus has changed. Modern retail is a struggle for every new idea, the market is demand-oriented, buyers have become more prepared, they have a better understanding of quali
AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.
Reviews reveal what shoppers really think of your product or service, the shopper and customer experience, and, of course, any other issues that might not otherwise be immediately obvious to you. But, whether you receive reviews that are well-deserved or unfairly given is slightly beside the point; rather, it’s about how well you handle them that is what really matters.
The latest edition of the RetailNext Retail Performance Pulse has been published and is available for download, providing an overview of brick-and-mortar store performance for the retail month of August 2019 (August 4 through August 31 on the industry’s 4-5-4 calendar). Download the Retail Performance Pulse for August 2019 store results. Late summer preparations for the Labor Day holiday and back-to-school season drove relatively positive results for brick-and-mortar stores in the United States,
It can be difficult to stand out from the crowd in today’s tightly packed digital world. Companies are constantly vying for attention and customers. Every brand has a slightly different method of attracting shoppers, but a highly common tactic is implementing a hearty content marketing strategy. By being smart about content marketing, your retailing business can attract customers new and old.
So how can you make sure your retail business rises above the noise and takes the Instagram scene by storm? In this post, I’ll take a look at five of the best ways to break through the Instagram clutter to attract more followers, drive engagement and spur online and in-store purchases. . Tip 1: Start with a Instagram Business Account. First off, create a Instagram Business Account separate from your personal account, as this allows you to include call-to-action buttons to make your posts shoppa
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
We are continually researching and reviewing new software and methods of presenting work to clients in the best and most suited way for each project. Sometimes this can be as simple as a sketch but we also live and work in a 3D world. The short movie below is taken from a piece of software we use which allows us to move quickly into a VR environment where we can immediately be immersed in the spaces we create.
PayPoint has announced its participation in Amazon Hub Counter – a network of pick up points that allows customers to collect their Amazon orders in-store.
By Ievgen Kustorovskyi, Head of Magento and specialist in eCommerce development, Ciklum. Building a custom e-commerce platform may seem like a daunting task and building one from scratch is not an easy task. These days, it’s increasingly becoming the preferred choice of online retailers who wish to take total control of their customer experience.
Office of National Statistics (ONS) retail figures for August highlighted the pre-Brexit wobble in consumer confidence, says the home delivery expert ParcelHero, with sales volumes down -.2% compared to July, and department store sales continuing to tumble -1.3% on the previous month and -2.5% on August 2018.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content