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Even before COVID-19, the retail industry was already going through significant challenges, disruption and transformation. That has all been turned on its head. Get ready for the “new abnormal.”. Going forward there will be a fundamental shift in consumers’ reengagement and behavior towards physical environments, including the size and program of space.
Toronto-based Studio Paolo Ferrari has designed a showroom for a new development in Ottawa that appears more like a home than a sales gallery. The salesroom is for a development in the Canadian capital called Zibi that will span 34 acres (14 hectares) with residential and commercial complexes near the Ottawa River. Called Zibi House, the showroom was designed by Studio Paolo Ferrari around a courtyard with glass walls to provide natural light inside.
The world is a much different place than it was when the year started. Coming into 2020, one of the biggest shifts we were seeing was the need for BOPIS, or Buy Online Pickup in Store, as it grew in popularity with shoppers. Now, we are witnessing a historic rise in the demand for Buy Online Pickup At Curbside. Which is exactly what it sounds like. A solution that enables retailers of all sizes to better utilize their order management systems while providing customers with a safer way to retriev
Photo by Ewien van Bergeijk - Kwant on Unsplash In case you are wondering if you missed the memo announcing that COVID-19 is over, the answer is no. There was no memo and the pandemic is far from over. But you would never know that by the actions of some consumers, and even retailers. Source: Good Morning America | June 26, 2020 Source: Good Morning America | June 26, 2020 As your store reopens and your state moves into new phases you cannot forget that your responsibility as a retailer is to fo
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.
Amazon has unveiled its Counterfeit Crimes Unit, a global, multi-disciplinary team that includes former federal prosecutors, experienced investigators and data analysts. The negative impacts of counterfeiting are high: counterfeit products are estimated to have cost the global economy $323 billion in 2018. The new Counterfeit Crimes Unit, which will investigate cases where a bad actor has tried to evade Amazon’s systems by listing a counterfeit product, will mine Amazon’s data; cull information
Arched doorways, altar-like tables and a nave-style display area feature in this Los Angeles showroom that McLaren Excell has designed for bathroom brand The Splash Lab. The Splash Lab 's showroom takes over a converted factory in LA's Culver City area that was originally built back in the 1930s. As this is the bathroom brand's US flagship – and currently its only standalone space – McLaren Excell set out to develop an interiors scheme that "deviates from the typical showroom format".
Tell us about yourself and your business. I am a Dermatology Physician Assistant, mom to 2 teenagers, cop wife and my family and I created Lake Life Co. 4 1/2 years ago. We live on The Farm and are restoring our Farmhouse and creating a new life on The Farm. What is your background? Education, Work Experience. I own 2 global businesses (Lake Life Co. and a my skincare business/personal brand ABE) and have been an Entrepreneur for 4 1/2 years.
Tell us about yourself and your business. I am a Dermatology Physician Assistant, mom to 2 teenagers, cop wife and my family and I created Lake Life Co. 4 1/2 years ago. We live on The Farm and are restoring our Farmhouse and creating a new life on The Farm. What is your background? Education, Work Experience. I own 2 global businesses (Lake Life Co. and a my skincare business/personal brand ABE) and have been an Entrepreneur for 4 1/2 years.
The food industry has undergone massive transformations over the last few years. Mobile payments and rewards, the drive to provide healthier options, and consumers’ demand for fast service without compromising on quality have affected every type of restaurant. Quick service restaurants in particular have had to respond to the rise of fast-casual dining.
GNC Holdings has filed a “prepackaged” Chapter 11 bankruptcy plan that will speed up the closure of at least 800 to 1,200 stores. Harbin Pharmaceutical Group Holding Co. will acquire the retailer for $760 million as part of the plan, which has backing from 90% of GNC’s creditors. GNC also has secured approximately $130 million in liquidity, which will allow it to maintain normal operations during the bankruptcy proceedings.
With hundreds of distribution companies to choose from, how can you determine which is the best fit for your emerging liquor company? This comprehensive checklist is designed to help decision makers at startup alcohol companies choose the best liquor distribution company to partner with.
With retail stores opening back up, its time to talk about steps you can take to onboard your staff. There is a direct correlation between the quality of onboarding and the quality of performance you get from your team. COVID-19 is a different situation and your team has been off for a while, so you […].
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.
Leading winter apparel and travel accessory retailer, COLDWEAR has just joined the growing iVend Retail network. Singapore, June 2020 – CitiXsys is pleased to offer a warm welcome to COLDWEAR! COLDWEAR carries a wide collection of winter jackets, sweaters, hats, gloves, scarves as well as travel-related accessories like luggage, travel pillows and luggage locks to meet customers’ Fall and Winter holiday needs.
Add To Calendar. Jason Goldberg believes COVID-19 is a time machine. It has made us travel five years into the future, accelerating trends and business imperatives as a result. What does that mean, exactly, and how can retailers best adapt and respond? Well, according to the Chief Commerce Strategy Officer at Publicis, it’s complicated. Join this Retail Reset conversation to learn how to break down what separates the “urgent” from the “important” and how specific tr
Forecasting is a critical aspect of retailing, and yet, there is much confusion about the definition of sales forecasting vs. demand forecasting (as well as their respective benefits and drawbacks). All retailers use some form of forecast to anticipate the future. Without having an idea of how many items you will sell tomorrow, building a successful and lasting retail business is impossible.
As the retail industry continues to experience the full impact of COVID-19, resulting in store closures and reduced distribution capacity, there are new, emerging signs that the industry is responding positively to this new normal, adapting their ways to meet the needs of consumers.
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.
As our economies re-open post-pandemic, consumers are experiencing more queues and limits than ever before related to store and service interactions. The stores are just so happy to be open, and focused on ensuring they meet regulations relating to social distancing, that most are completely ignoring their queue experience (QX). They are seeing it as something functional as opposed to experiential, missing opportunity and causing negative customer experiences.
Albertsons is planning to raise up to $1.3 billion in an initial public offering that could value the grocery retailer at $11.6 billion. The company plans on offering 65.8 million shares at a price range of $18 to $20 per share. Albertsons is backed by Cerberus Capital Management LP, and the listing would create an opportunity for Cerberus to exit the company should it choose to do so, according to Reuters.
U.S. Polo Assn. , the official brand of the United States Polo Association (USPA), has partnered with Adeptmind to improve its product discovery capabilities. The tools will help shoppers browsing the brand’s web site find the products they are searching for more quickly and with greater accuracy. “We knew we needed a sophisticated and innovative AI solution to address our site search needs, and help our shoppers find the most relevant products in the fastest way possible, but one that didn’t je
For nearly a decade, the retail industry has been debating whether voice commerce is a passing buzzword or a viable, valuable engagement and sales touch point. However, recent announcements from Amazon, Apple and Google regarding their efforts to help manage the COVID crisis , coupled with heightened interest in contactless commerce, have renewed excitement around the potential of the spoken word.
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.
Influencer marketing has seen explosive growth over the last few years as companies increasingly invest in the industry — but recent events have many marketers questioning how they can move forward with their influencer campaigns in a way that balances compassion with the company’s business objectives. With global tensions reaching new heights, companies are recognizing that consumers want brands to deliver community-oriented, value-driven content that centers around the needs of the consumer in
AEO is rolling out a redesigned All Real Rewards customer loyalty program for both the American Eagle and Aerie brands. The retailer seeks to simultaneously simplify and personalize the experience of the points-based program by offering three levels of membership that earn points faster than before. Shoppers receive a varying number of points for every dollar spent, based on their membership level.
Detego , an RFID software solution provider for fashion and sports retailers, has launched tools that validate factory shipments at the item level, to help prevent shipping errors and provide complete traceability throughout the supply chain. The solution is designed to provide retailers with the ability to track individual products from source-to-store by verifying outbound carton shipments, which can help prevent shipping errors, reduce human mistakes and improve operational efficiencies.
Honeywell is rolling out several new software solutions designed to help companies enforce COVID-19 health and safety procedures, specifically for highly mobile workers in fields including warehousing and retail. The features are being offered through the Honeywell Operational Intelligence asset management platform. The new solutions can help retailers monitor on-site social distancing compliance, enforce customizable device cleaning procedures and deploy software to digitally trace who has hand
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.
Zappos.com has launched Zappos Maternity, a shopping experience that focuses on clothing for moms-to-be. The site lets shoppers browse styles from 15 brands, including NOM, Cake Maternity and Everly Grey, as well as the Summer Maternity Capsule Closet for seasonal selections. The products focus on style as well as comfort as part of an effort to redefine the maternity shopping experience.
In an ongoing effort to restructure its operations, improve efficiencies and better align its costs, Bed Bath & Beyond is reportedly pursuing the sale of its Christmas Tree Shops and Cost Plus divisions and closing contact centers in Ocoee, Fla. and Layton, Utah, affecting approximately 230 and 285 employees, respectively. Bloomberg reported the potential sale of the 70-store Christmas Tree Shops and 260-unit Cost Plus banners but did not disclose the buyer or buyers involved.
Major malls and the retailers within them have suffered financial devastation for months as COVID-19 shutdowns prevented them from doing business — sometimes pitting two parties struggling with finances against one another. One case in point is playing out with mall operator Brookfield Property Partners and Gap Inc. Brookfield sued Gap in Texas last week.
With the California attorney general on track to enforce the California Consumer Privacy Act (CCPA) in July 2020, retailers will continue to face challenges in meeting CCPA compliance. According to the recent PwC Consumer Intelligence Series survey of more than 5,000 consumers, 83% want more control over their data. With CCPA requirements born out of a need for trust and data security, retailers will need pervasive policies and integrated technologies to ensure both for the consumers that hold t
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
Macy’s will reduce its corporate and management headcount by approximately 3,900 people as part of a cost restructuring expected to save approximately $365 million in fiscal 2020 and $630 million on an annualized basis. Pre-tax costs of the restructuring, estimated at $180 million in cash, will be recorded during the company’s fiscal Q2. “COVID-19 has significantly impacted our business,” said Jeff Gennette, Chairman and CEO of Macy’s in a statement.
Amazon has confirmed its purchase of Zoox , a company designing self-driving vehicles that are purpose-built for ride-hailing functions. While Amazon did not disclose how much it was paying for the California-based company, sources including Reuters and The Wall Street Journal put the price tag at more than $1.2 billion. Zoox was founded in 2014 with a vision of purpose-built, zero emissions vehicles designed for autonomous ride-hailing, along with an end-to-end autonomy software stack.
UK-based fashion retailer Long Tall Sally will wind down its operations, citing existing pressures that were exacerbated by the COVID-19 crisis. COO Alison Doherty noted “the changing economics of retail, along with fierce competition” as significant ongoing challenges, and the fact that the weight of the pandemic made continued operations untenable.
As retailers reopen stores, many face tough questions about how to spend their limited resources. One of the biggest issues in the balance is: How many employees can we afford to bring back from furlough, while simultaneously investing in the necessary health and safety protocols for every store? If retailers don’t rehire enough associates, they won’t have enough people to service returning shoppers.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
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