Retail Ops Industry Insights

  1. Retail Rebound Or Apocalypse?

    Fourth-quarter financials in 2017 demonstrate once again retailers walk a tightrope when it comes to driving sales and maintaining gross margins. Despite healthy sales increases in the fourth quarter, many retail executives felt the impact of a dynamic business environment that challenges retail companies on numerous fronts: New technology, evolving consumer preferences, digitalization, new competitors, etc. Attracting new customers and keeping loyal shoppers “in the fold” is never a fait accompli. Executives must manage both short- and long-term strategies across all their operations to maintain financial flexibility and remain relevant with consumers.

  2. The Future Of Cashier-Less Checkout

    Speed or customer service? Most shoppers face that choice when visiting a typical grocery store and head to checkout. Do they opt for the self-check lane instead of waiting in the full-service checkout line? What do consumers give up or gain with each choice? What do retailers gain or lose?

  3. Employers Be Prepared: H-1B Visa Petitions Are Under Attack By Trump Administration

    The H-1B visa is one of the most important immigration law options to employ foreign workers on a temporary basis, and because it is viewed as the option for skilled professional positions that require at least a bachelor’s degree (U.S. or foreign equivalent), technology companies typically hire more H-1B workers than any other sector. For experienced immigration practitioners, H-1B petition approvals have generally been considered to be routine, but the Trump administration’s attack on the H-1B visa petition has changed this long-standing perception.

  4. What Retailers Need To Know About Awards

    Receiving an award is a thrilling experience for a retailer. What business would not want a third-party endorsement they can use to show customers and partners that their products and services are worth purchasing? Every award program is different, and there are a few key points that you should consider when researching award opportunities to maximize your potential return on investment.

  5. What Can Retailers Learn From This Year’s Amazon Prime Day?

    In July 2015, Amazon’s iconic Prime Day online summer retail event made its first debut. Fast forward to 2018, and this year Amazon reports its fourth annual Prime Day surpassed all prior sales records in the e-commerce giant’s 24-year history – including every Black Friday and Cyber Monday – with Prime members ordering over 100 million products during the 36-hour sales event. What does this all mean for retailers, and how can they effectively compete? To examine shopper sentiment toward the event and how it’s reshaping purchasing behaviors, Periscope By McKinsey surveyed 3,000 consumers in the U.S., UK, France, Italy and Germany to understand their attitudes and actions during Amazon Prime Day 2018.

  6. How 2018 Tax Changes Will Impact Supply Chain’s Bottom Line

    Organizations must be cognizant of 2018 tax changes because the way they procure their equipment can have a significant impact to their overall business, bottom line and financial performance.

  7. How Retailers Can Prepare For 2018 BFCM & 4 Relevant Trends

    As tempting as it may be for any overworked store owner not think the chaotic mess of Black Friday and Cyber Monday, it’s a financial non-starter. There’s just too much money on the table not to make it a real priority and commit to meaningful preparation

  8. Why Your Supply Chain Is The Key To The Future Of Your Business

    Make no mistake about it; your business’ ability to scale up and sustain itself in the future will be affected in part by how you think about your supply chain and its ability to match your company’s culture and your customers’ expectations.

  9. Why Retail Needs A Web-Enabled Barcode

    Consumers around the globe are scanning products using their smartphones to learn more about what they want to buy — or what they’ve just purchased. Some manufacturers have responded by adding QR codes and secondary barcodes on packages that connect consumers to more product information. Not only do these extra codes take up valuable label “real estate,” but they may not even contain standardized product identifiers like UPCs, causing confusion when scanning at point-of-sale checkout counters.

  10. Consumer Marketing In The Era Of Social Shopping

    The potential reach of customers on social media coupled with the influence social media can make on customers through recommendations make for a powerful e-commerce community. Social shopping is advantageous for shoppers, but what about for brands and marketers?