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 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.
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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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.
Retail TouchPoints
AUGUST 28, 2020
The convergence of a pandemic, economic turmoil and a heated presidential election can make it difficult to look beyond the here and now, but shoppers nevertheless expect retailers to have a long-term vision. Consumers are recognizing that major companies can play a large role in shaping tomorrow — both in terms of their influence on society at large and the post-COVID-19 shopper experience, according to the Visions Into The Future report by CallisonRTKL.
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.
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.
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 Technology Review
AUGUST 27, 2020
Vandemoortele may be new to the US, but the company’s history goes all the way back to 1899 in Izegem, Belgium. Originally a baking oil refinery, Vandemoortele expanded into dough and pastry products in the 1960s, and in 1978, began making frozen bakery products. Already selling across Europe, Vandemoortele entered the US market in 2017.
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.
Speaker: David Worrell, CFO, Author & Speaker
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.
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.
Retail TouchPoints
AUGUST 28, 2020
Amazon is purchasing 1,800 electric vehicles (EVs) from Mercedes-Benz Vans for its European last-mile delivery fleet almost one year after becoming the first signatory of the Climate Pledge — a commitment to meeting the goal of net zero annual carbon emissions 10 years earlier than the Paris Agreement. Amazon’s Delivery Service Partners are expected to have access to the new fleet of zero-emission vehicles by the end of 2020.
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. .
Retail Next
AUGUST 27, 2020
Conversion rate is extremely important in the retail industry, and is a metric that drives store sales, margin, and survival of the overall business. This is especially the case for specialty stores with high unit prices. Conversion is influenced by multiple factors, from location to product type, visuals, and your people. . So how do we optimize for conversion?
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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 25, 2020
Non-essential retailers around the world have been devastated by COVID-19, with many experiencing everything from store closures to unprecedented drops in sales. To withstand the crisis, many retailers adopted new and innovative strategies to stay connected with shoppers and ring sales while their brick-and-mortar locations remained closed. With retailers continuing to reopen their doors to the public, the question remains — what COVID-19-necessitated retailing strategies will make their way int
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. .
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 […].
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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.
CJ Retail Solutions
AUGUST 25, 2020
More than 40% of UK shoppers have stopped visiting stores that have unclear in store signage on social distancing, according to the findings of a European study of 2,500+ shoppers. As we all know, signage is a vital part of the in-store customer experience for many reasons. A study has found that more than 80% of shoppers in the UK said they feel safer in shops with clear signage on social distancing, and 78% are more likely to shop in stores that have clear instructions on social distancing mea
Retail TouchPoints
AUGUST 28, 2020
Walmart is partnering with Microsoft to make a bid for the U.S. operations of short-form video platform TikTok. The offer will go up against acquisition bids by other major companies, possibly including Oracle, according to CNBC. If successful, the deal could help Walmart better position itself to merge its retail operations with media capabilities.
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. ChainDrive Price optimization and Management software manage your retail or wholesale prices effectively in your business.
Retail Technology Review
AUGUST 27, 2020
Japan-based carrier – Yamato Holdings Co., Ltd. (‘Yamato’) – has partnered with UK-based international ecommerce solutions provider, Doddle, to create a proprietary nationwide PUDO network, underpinned by Doddle’s software platform.
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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.
Retail TouchPoints
AUGUST 26, 2020
E-Commerce competition has never been higher, especially when it comes to the saturated and complex marketplace that is Amazon. As retailers and private label sellers develop strategies for increasing sales velocity and driving profitability, price is top of mind — and it should be, given a staggering 82% of Amazon purchase decisions are based on price.
Retail TouchPoints
AUGUST 27, 2020
COVID-19 turned millions of people across the globe into ‘homebodies’ — whether they liked it or not. Apparently, however, many do indeed like it. According to new research from Accenture, the 2020s will be the “Decade of the Home.” The adaptations consumers have made during the pandemic to work, learn, shop and socialize from their homes are projected to last well beyond the time when the coronavirus is just an unpleasant memory.
Retail TouchPoints
AUGUST 27, 2020
Amazon is launching the Amazon Fresh grocery store, a concept designed to incorporate Amazon features such as Alexa and Prime into the in-store shopping experience. The first shop, located in the Woodland Hills neighborhood of Los Angeles, will open to select customers on Aug. 27 before opening to the public in the coming weeks. The location will be 35,000 square feet in size, according to CNBC.
Retail TouchPoints
AUGUST 25, 2020
DoorDash , best known for restaurant deliveries, is expanding further into the supermarket vertical through partnerships with Meijer , Fresh Thyme and Smart & Final , with plans to add Hy-Vee and Gristedes / D’Agostino “in the coming weeks,” wrote Mike Goldblatt, Head of Grocery and Convenience Partnerships at DoorDash in a blog post. Although these branded partnerships are new for DoorDash, they are not the company’s first foray into grocery delivery.
Speaker: Ethan Woolley, Director at Kharon
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
Retail TouchPoints
AUGUST 27, 2020
Logility has rolled out the latest release of its Logility Price and Promotion solution, which uses machine learning to predict the impact of promotional activity on inventory. By helping planners quickly understand changes in demand, retailers can compare multiple price and promotion scenarios to allow for better replenishment and inventory allocation for meeting variances in expected sales.
Retail TouchPoints
AUGUST 26, 2020
Best Buy will pilot a ship-from-store hub model at 250 stores, according to CNBC. Best Buy CEO Corie Barry made the announcement on a call with reporters, crediting the spike in online shopping as the reason for the experiment. All Best Buy stores already handle some online orders, but the affected locations will be specially designated to handle a higher volume of packages.
Retail TouchPoints
AUGUST 28, 2020
Retailers today are experiencing a massive transformation in how customers are shopping. In fact, North American e-Commerce sales have seen an impressive increase of 146% growth in all online retail orders as of April 2020. While it’s safe to say that retail is booming, and the current crisis will have implications for driving change across the industry, one factor that will remain constant is the importance of customer service throughout the customer journey.
Retail TouchPoints
AUGUST 24, 2020
One of the more jaw-dropping retail statistics of the past few months is the more than 400% increase in Walmart shopping app downloads. Target and other big box stores experienced triple-digit jumps as well. . Meanwhile, Amazon has had several pains to contend with. The pandemic has meant longer-than-usual delivery times, and they’ve moved back Amazon Prime Day to October.
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