Most retailers are now highly focused on building their own retail media networks (RMNs), offering onsite and offsite inventory. And why not? Retail media networks, when done well, offer a stream of high-profit cash that can be up to 1.5 percent of a retailer’s gross revenues, at margins north of 50 percent. The cookie-less future…
Hilding Anderson
With an inflation rate that’s higher than we’ve seen in years, retailers are grappling with increased costs, reduced pricing power, and decreased consumer spending — a perfect formula for declining profitability. How a retailer responds in these challenging financial times can set the course for its success or permanent decline, so the stakes are high. Digital…
If there’s one major takeaway from last week's National Retail Federation's (NRF) Big Show, it’s that the accelerated evolution of the retail industry and shift to digital channels isn’t letting up anytime soon. NRF announced that e-commerce spending was up 11.3 percent during the 2021 holiday season, providing further evidence that online shopping continues to grow…
Amazon.com's reported plan to open larger footprint department stores in the U.S. is hardly surprising. This move is consistent with what we’ve seen to-date: namely, that Amazon has a long-term road map to transform retail in the U.S. and the world. For the broader retail industry, this signals that physical retail stores are still an…
There’s no doubt that the retail industry has transformed dramatically in the last year. As we look back, it's apparent that those retailers that invested heavily in digital were better equipped to weather the pandemic storm than those that did not. The U.S. grocery sector, a sector that historically lagged behind in digital adoption, was…
The National Retail Federation’s annual convention and expo was held in New York City last week, and had almost 40,000 attendees, with hundreds of exhibitors, speakers and sessions. The industry continues to invest heavily in technology innovation, supply chain and fulfillment solutions, and engaging physical store experiences, and we saw continued incremental progress in all these…