Wiser
MAY 20, 2020
If the phrase “everyday low pricing” (EDLP) rings a bell, you probably know that this is the pricing strategy that Walmart used to become a retail powerhouse. Amazon followed shortly thereafter and brought the EDLP strategy to eCommerce. It’s easy for other retailers and even manufacturers to look at these success stories and want to understand how to make EDLP work for them.
Retail Next
MAY 17, 2020
For years retailers have been talking about the store of the future, how to compete with Amazon, and how to best serve today’s digitally driven customer. The pace has been maddeningly slow – both as an executive in retail technology and as a consumer. Yes, some of the lowest hanging fruit has been picked – you can now return online purchases in-store (remember when that was a thing, having to return online purchases through the mail?
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Retail Adventures
MAY 18, 2020
If we have learned anything during the COVID-19 shutdown it’s that you must work hard to stay in front of customers. Just because your brick and mortar store is closed, it doesn’t mean that you can wait it out. Just the opposite. Now is the time to get in your customers faces and stay there. Here’s how: 1. Build a team of associates who are well-versed in what you sell, and can be personable even behind a mask.
One Step Retail
MAY 21, 2020
Solutions for retailers reopening stores. The last few months may have been full of uncertainty, but if one thing is for certain—retail is reopening and retailers need a strategy to do so safely and effectively in a new commerce landscape.
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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.
I Vend
MAY 20, 2020
Covid-19 has significantly affected the retail industry and it is more important than ever that you have a future-proof omnichannel business strategy. Today’s consumers have more information, more options and are expecting a more personalised shopping experience in your stores, plus new safety assurances that go above and beyond. That’s why we’ve introduced iVend Cloud, so you can deliver on customer expectations with accuracy and agility, and manage your operations remotely and securely.
Retail Technology Review
MAY 20, 2020
ShopFully, the digital platform connecting shoppers with retailers, has acquired PromoQui S.p.A. and its info-commerce marketplaces PromoQui and VolantinoFacile.
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Retail Technology Review
MAY 20, 2020
The ongoing COVID-19 pandemic has brought about extreme, uncontrollable changes to our world. Stores are closed, many remain at home and strict social distancing measures are here for the long haul. Unsurprisingly, organisations across all sectors have taken a significant hit and the retail industry is no exception.
Retail Technology Review
MAY 19, 2020
New research from Blue Yonder highlights how shopping behaviour has changed globally since the COVID-19 pandemic started. Blue Yonder surveyed 6,000 European adult consumers in April and 1,000 US adult consumers in both March and April.
Retail Technology Review
MAY 19, 2020
The world as we once knew it has transformed and consumers are experiencing rapid changes to the way they live, work and shop. To examine these changes, CommerceHub surveyed more than 1,500 consumers of various age groups to gauge consumer confidence and identify changing shopping patterns amid COVID-19 disruptions.
Retail Technology Review
MAY 18, 2020
What has struck me most about COVID-19 so far is the rapid business response to the crisis. Brands are switching up their game plan and capitalising on the e-commerce surge by going direct to consumer.
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.
Retail Technology Review
MAY 18, 2020
The ongoing COVID-19 pandemic has brought about extreme, uncontrollable changes to our world. Stores are closed, many remain at home and strict social distancing measures are here for the long haul. Unsurprisingly, organisations across all sectors have taken a significant hit and the retail industry is no exception. Retailers must therefore adapt in order to survive, while taking extra precautions to keep their employees safe.
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