While the devastation caused by recent hurricanes Harvey and Irma have the potential to boost sales – particularly at home improvement retailers like Home Depot and Lowes – in their aftermath, as residents rebuild what was destroyed, in the short-term, the storms have had a disruptive impact on retailers.
We’re proud to introduce The Retail Solutions Network, a collection of robust, data-rich resources designed to help retailers become an indispensable part of their customers’ lives by delivering the personal experiences that constantly exceed expectations. Comprised of print and digital media, The Retail Solutions Network aids every member of the retail enterprise from the corner office to the store floor.
It seems product recalls are now the norm on a wide range of products from cellphones to ATVs, high heels, children’s clothing, and more. In one week, the CPSC reported several recalls on its website: incorrect venting Nutrilife® hydrogen peroxide bottles cause fires or burns; By Gary Barraco, Director, Global Product Marketing, Amber Road
inStream completed its annual value channel shopper tracking study, interviewing shoppers nationwide at value channel retail locations. The study found value shoppers’ interest in receipt-based offers grew year-over-year and outpaces awareness of and interest in other types of promotions, including digital offers.
It’s probably no surprise the majority of online sales run through leading e-tailers such as Amazon and Walmart.com. By Patrick van Boom, CMO, TIE Kinetix
It’s a splendid time to be a shopper. They can click, tap, swipe, and mobile pay their way through the friction-free commerce landscape. By Jim Davidson, director of research, TurnTo Networks
September is already here — can you believe it? The shopping season comes the same time every year, yet still feels like it comes a little bit earlier than the previous year. In working with clients across a variety of categories, we’ve started to notice a few consistent themes in the conversations as we all plan for the rapidly-approaching holiday season. By Pam Fithian, Collective Bias
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
Unlikely or unforeseen competitors continue to disrupt industries at an exponential pace. The innovation disruptors bring requires a key strategy: put the customer at the center of your business and deliver great experiences to them. Understand how consistent, timely, relevant and personalized experiences are enabled by having the right technology foundation in place.
Retalon Planning Solutions are part of one Integrated Solution for Intelligent Retailing that is based on the common Predictive Analytic Platform. This allows the system to account for all mutual dependences of the company Planning and Execution processes, provide users with very high accuracy of each prediction, optimize the entire process, and achieve significant, tangible benefits for the entire organization.
Retalon’s approach to Predictive Analytics for Retailers is truly integrated which significantly increases accuracy and results.
Retalon’s Dynamic Price Management system is built on a powerful Predictive Analytics engine. This system will automatically monitor your entire retail process, uncover hidden opportunities, and recommend the most advantageous pricing strategies. The system significantly reduces inventory costs and boosts gross margins.
The Right Product at the Right Store at the Right Time.
inStream completed its annual value channel shopper tracking study, interviewing shoppers nationwide at value channel retail locations. The study found value shoppers’ interest in receipt-based offers grew year-over-year and outpaces awareness of and interest in other types of promotions, including digital offers.
As more people shop online, job opportunities in the fulfillment and transportation sectors have expanded dramatically to ensure consumers' holiday packages arrive at their doors on time.
In 2015, The Prada Group realized it needed to add guest Wi-Fi to their stores. It chose a personalized experience platform which more than met critical customer needs while adding a crucial building block for future capabilities. The Prada approach is applicable for any brick-and-mortar retailer on the path to unified commerce. By Jeff Abramowitz, president, Cloud4Wi
It seems all retail conversations point to one common theme: Retailers need to transform and adapt to the new consumer-driven way of retail or get left behind. We hear and see this at every industry conference we attend and in every conversation we have with retailers — the need to adopt new technologies and innovate for the sake of attracting and retaining customers is high priority. Rick Amari, Founder, Columbus Consulting
Mike Maher, co-founder and CEO of Taylor Stitch and Aura Nelson, senior manager consumer insights for Wolverine Worldwide took time to talk customer feedback with RetailOperationsInsights.com, covering everything from what can be accomplished with customer surveys to the best way to analyze the data they generate to make better customer-informed buying decisions.
