Retail TouchPoints
AUGUST 27, 2020
The U.S. Bankruptcy Court for the Eastern District of Virginia has approved the J.Crew Group reorganization plan, paving the way for the parent company of J.Crew , J.Crew Factory and Madewell to emerge from Chapter 11 in early September. J.Crew was an early casualty in what has become a long list of retailers that have filed for bankruptcy in the wake of COVID-19.
Intelligence Node
AUGUST 26, 2020
The retail world is currently facing rapid evolution. Market trends are fluctuating at an unprecedented pace, prices are as competitive as they’ve ever been, and customers are holding companies to ever-higher standards. The only way to keep up is with a pricing analytics software that enables you to strategize in a manner that optimizes for […].
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Wiser
AUGUST 11, 2020
Part of our work here at Wiser is researching a variety of CPG 10K Annual Reports to identify the risks that businesses are facing. Our aim is to flag those that we can help alleviate with our online and in-store solutions. We’ve noticed one risk that is quite common, encompassing what could happen in the event of unfavorable market conditions. Companies generally predict that consumers would be more likely to purchase private label competitors with presumably lower prices.
I Vend
AUGUST 27, 2020
In store shopping has long been the predominant way to shop, however, online shopping has quickly grown to become the preferred channel for many. Consumer preferences have shifted in response to the pandemic, as many have faced changes in their jobs, income and leisure time. And, online shopping has quickly proven to be go-to alternative, providing promises of safety and convenience.
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Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.
Dezeen
AUGUST 12, 2020
Fashion designer Virgil Abloh and AMO director Samir Bantal have designed the Off-White flagship store in Miami Design District to be a fulfilment centre and a multipurpose events space. Abloh, who owns the brand Off-White , and Bantal, director of architecture firm OMA 's research arm AMO, designed the store to rethink how physical shops should operate amid the growing popularity of digital shopping.
Retail Adventures
AUGUST 26, 2020
Branding is a buzzword that’s been around for a long time, and with good reason. Your brand and its perception in your community are critical to your store’s success, but along with that buzz there is also a lot of confusion. Everyone talks about branding – there are a gazillion branding books on Amazon alone – yet there are still a lot of questions about what it is and why brand equity is so important.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Intelligence Node
AUGUST 9, 2020
Winning Consumers with Dynamic Pricing for DTC Brands In the last decade, with the growth of eCommerce, DTC or direct-to-consumer retail has gained momentum. Infact, today there are more than 400 DTC brands disrupting the retail model, offering a more personalized user experience, and winning customers and market share. It is only a matter of […].
Wiser
AUGUST 25, 2020
Hopefully, by the time you are reading this your region is making progress against COVID-19. If not, it’s never too early to prepare for that eventuality. The fact is that brick-and-mortar retail—and the economy as a whole—will start to churn again. In fact, your business may already be tasked with reopening its physical doors to eager customers, but there will still be a lot of uncertainty about how to do this effectively and safely.
RepslyBlog
AUGUST 13, 2020
Inc. magazine recently revealed that Repsly earned a spot on its annual Inc. 5000 list , the most prestigious ranking of the nation’s fastest-growing private companies. This marks the second consecutive year Repsly has received the honor. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
Dezeen
AUGUST 9, 2020
Brazilian studio MNMA has designed a spiral concrete stair and folding polycarbonate doors in this botanical store, yoga classroom and restaurant in São Paulo. Dois Trópicos has a calming earthy palette featuring local materials and crafts that MNMA chose to complement the functions of the wellness hub. "The concept of the project is a hybrid space, there is no determination or boundaries.
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Retail Adventures
AUGUST 3, 2020
Have you ever gone into a store to buy a single item and left with a cartload of things you hadn't intended to buy? Congratulations! You were moved to purchase by that retailer’s merchandising strategy. When a store is well merchandised add-on sales become a common occurrence. Take Target. The average Target store isn't fancy, it's really just a big box lined with basic gondolas.
Retail TouchPoints
AUGUST 19, 2020
Retail industry giants Target and Walmart continued to benefit from their status as essential retailers equipped with strong e-Commerce operational capabilities in Q2. In good news for their bottom lines, both retailers achieved significant sales growth, both online and in-store, while also improving margins. Target achieved a record-setting 24.3% increase in comp sales for the three months ended Aug. 1, 2020, rising from $18.2 billion last year to $22.7 billion this year.
Store Growers
AUGUST 7, 2020
Price extensions are the closest Search Ads will get to Shopping Ads. The extension won’t show any images, but it will show you the most important details: the product title, short description, price and a link to that specific product. These details make it a very effective thing to add to your ads, but they aren’t used that much compared to other ad extensions.
Wiser
AUGUST 4, 2020
Implementing a price testing strategy is like conducting an orchestra. Just like an orchestra needs every individual performer and section playing together in harmony, there are many different parts of your business that have to work in lockstep to run effective price tests. Otherwise, you just end up with noise. Price testing can’t just be done in an ad hoc way.
Advertiser: Experience Retail Today
I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.
RETAIL MANAGEMENT SOFTWARE
AUGUST 27, 2020
Price management is one of the most important operation in any retail or wholesale environment. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. Retailers and wholesalers both must manage merchandise prices.
Dezeen
AUGUST 2, 2020
Visitors to Shenzhen's Burberry flagship store can use Tencent 's WeChat app to interact with the window display and play their own music in fitting rooms. The British fashion brand and China's largest social media company collaborated to design a shop that suited Shenzhen 's growing reputation for technology. Shoppers use WeChat, a Chinese messaging and social media app, to engage with the shop in Shenzhen's MixC development.
Shopperations
AUGUST 13, 2020
It is getting to be that time of the year again. Shopper marketers can hear the whispers. Even those working remotely can feel the heaviness in the air on their team calls. It’s fire drill season, a.k.a. ANNUAL PLANNING.
Retail TouchPoints
AUGUST 14, 2020
It’s no surprise that the shopping habits of Gen Z during the pandemic will predict the near future for retail. Gen Zers are currently the largest and most influential generation of shoppers in the U.S., and COVID-19 has had a serious impact. We are already seeing that 46% say they plan on saving more of their earnings over the next five years, and 63% are currently concerned about the impact of COVID-19 on their ability to make money.
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
Storis
AUGUST 31, 2020
In today’s world, everyone has a smartphone. I am constantly using my phone to research, browse, and make impulsive purchases. That is, until recently, when I stepped outside of my comfort zone and made a big-ticket purchase; new sofas. I found out that the shopping journey for buying furniture was very different than my normal mobile purchases of clothing or shoes.
Wiser
AUGUST 18, 2020
Dynamic pricing in online retail has come a long way as a pricing strategy. It is defined as a strategy that allows retailers to respond in real-time to supply and demand levers. It provides countless benefits, such as enabling retailers to beat a competitor, save dwindling inventory, or make the most out of a trendy item that is flying off warehouse shelves.
Theatro
AUGUST 27, 2020
Change is defined by new processes, procedures and effective rewards. Managers would love it if they could simply say, “Hey, listen up! We have a new way of doing business and here’s how it works…” A manager might proclaim a change, but would each employee internalize the message and modify their behavior? Probably not. We humans have a strong inclination to resist change and lean on that terrible motto, “We’ve always done it this way.
Dezeen
AUGUST 7, 2020
London studio Sybarite has designed a store for fashion label Joseph in the Miami Design District to include round balconies, curved railings and spiral stairs as a reference to the city's seaside architecture. A black metal corkscrew staircase is among the details that takes cues from Miami's seaside architecture dating back to the 1940s and 50s. Featuring contrasting white polished-marble stair treads, it twists through a circular opening to lead from womenswear on the ground floor to menswear
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With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.
Frank Mayer
AUGUST 27, 2020
Frank Mayer and Associates, Inc. teams with Data Display Systems, LLC to provide a solution for workplace health screening. GRAFTON, WI – Frank Mayer and Associates, Inc. has partnered with Data Display Systems, a technology company that engineers electronic display systems, to develop a kiosk solution for employers looking to enact health screening and temperature checks at their worksites.
Retail TouchPoints
AUGUST 26, 2020
There’s lots of potential danger in supply chain operations: work at distribution centers involves using heavy equipment to pick, pack and move products at an extremely fast pace. Walmart’s U.S. division achieved dramatic safety improvements with a daily training solution that provides personalized short quizzes on safety topics, helping change on-the-job behaviors of more than 100,000 associates at 150 DCs.
RETAIL MANAGEMENT SOFTWARE
AUGUST 27, 2020
Price management is one of the most important operation in any retail or wholesale environment. Price is right merchandise for retailers or wholesalers. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. .
Wiser
AUGUST 11, 2020
In the modern era of retailing, brands need accurate and timely price intelligence in order to show up in relevant product searches on marketplaces and ultimately drive brand share. In the past, capturing competitive and market-level insights from disparate competitors across myriad online shopping sites simply took too much time to yield the necessary results.
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Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.
IntelligenceNode
AUGUST 26, 2020
The retail world is currently facing rapid evolution. Market trends are fluctuating at an unprecedented pace, prices are as competitive as they’ve ever been, and customers are holding companies to ever-higher standards. The only way to keep up is with a pricing analytics software that enables you to strategize in a manner that optimizes for […].
Dezeen
AUGUST 25, 2020
OMA New York has unveiled its design for a glass addition to top the historic Tiffany & Co store on Fifth Avenue in New York City. The project involves the preservation of the jewellery brand's 80-year old flagship location, a renovation of its ground floor and the construction of a rectangular glass volume that will span three storeys, adding space for hosting exhibitions and events.
RepslyBlog
AUGUST 27, 2020
Mastering the retail channel is a massive opportunity for CPG brands, but those who have played in the space before know it takes a committed investment to reap the benefits. To make the most of that investment, CPG sales and marketing teams are putting data at the forefront of their retail execution efforts, unlocking the insight they need to expand their in-store footprint by prioritizing and maximizing high-opportunity initiatives.
Retail TouchPoints
AUGUST 6, 2020
DoorDash is taking dark store fulfillment in a new direction with an online delivery service that sells products from its owned and operated local distribution centers. The DashMart convenience stores carry approximately 2,000 products, a combination of basics and impulse items — such as snacks, groceries, over-the-counter medicines and pet food — along with “fan favorites” from local and national restaurant chains.
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Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.
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