Digital Innovation

2020 NRF Big Show Recap: Highlights and Trends
January 17, 2020 at 11:32 am

In this week’s Retail Right Now, Total Retail's Kristina Stidham and Ashley Chiaradio discuss the top trends to emerge from the 2020 National Retail Federation Big Show in New York City. Here are three trends we heard frequently over the three-day event: the need for retailers to implement diversity and inclusion initiatives; an increased focus…

Retail Innovation Requires a New Approach to Networking
December 12, 2019 at 12:24 pm

“Innovate or die!” is a mantra known to many industries, but is particularly relevant to today’s retailers. Recent headlines seem to highlight those that have failed to embrace innovation and have suffered the consequences — store closures, lost customers, bankruptcy filings. The truth is, however, that many have enthusiastically embraced the call for digital transformation,…

How Movado Group Has Gotten Omnichannel Down Like Clockwork
November 14, 2019 at 5:45 pm

In an interview at eTail East in Boston earlier this year, Behzad Soltani, chief digital officer at Movado Group, parent company of leading watch brands such as Movado, Concord, EBEL, Hugo Boss Watches, and more, detailed the company's commitment to being an omnichannel organization, from operations to marketing, among other functions. Soltani participated on a…

Is Retail Making a Digital Comeback?
October 28, 2019 at 1:02 pm

In 2018, specialty retail was under assault. This year, it’s taking up arms. Specialty retailers have improved fulfillment speed dramatically. Consider, a fifth of brands now offer free two-day shipping, and the number of brands offering next-day shipping has doubled. Recognizing that mobile accounts for 55 percent of online traffic, on average, in this sector,…

How Aaron's Made Room for the Innovation Process
October 4, 2019 at 12:40 pm

Most retailers know that innovation is key to surviving — and thriving — in the accelerating digital age, but what most retailers don’t understand is how to get there. This is what John Trainor, chief information officer and senior vice president, digital product at Aaron's, discussed during last week's Total Retail Tech event in Philadelphia. Trainor's keynote presentation,…

What Voice Shopping Skeptics Are Failing to See
October 1, 2019 at 10:05 am

The future of commerce is sitting on your counter. That’s right, Amazon Alexa, the familiar voice assistant who tells you the weather forecast, will also help you purchase a new umbrella. That was the consensus, anyway, until a recent viral statistic caused some backpedaling. According to a recent report by The Information, “just 2 percent…

The Future of Retail: Personalization, Innovation and Services
September 27, 2019 at 12:41 pm

Just when we thought Amazon Prime two-day shipping couldn’t get any swifter, the e-commerce behemoth announced same-day delivery, sending shockwaves throughout the retail landscape. The move further raises the bar for consumer expectations, setting a new benchmark not just for delivery speed, but personalization. There’s no denying that the one-size-fits-all experience doesn’t work anymore. Shoppers…

Making Insights Actionable: Combining the Consumer’s Voice With Artificial Intelligence
September 5, 2019 at 3:23 pm

The retail industry, like many others, is being disrupted and permanently changed by the ever-increasing capabilities and applications of artificial intelligence (AI) and machine learning (ML). As I wrote in my last post, we're just beginning to see the benefits of AI and ML implementations in the retail sector, but they've already helped forward-thinking companies…

Centralized IT Structure Helps Propel Aaron's Digital Transformation
August 29, 2019 at 4:02 pm

Aaron’s, an Atlanta-based retailer of furniture, consumer electronics and appliances that are available for sale or lease to own, is a rapidly growing company with more than 1,600 stores across 47 states and in Canada. However, Aaron's needed to take the necessary steps to improve upon its digital operations in order to be a truly…

Why the ‘Voice Revolution’ Will Lead to a Boom in Voice Commerce
August 28, 2019 at 11:17 am

Interacting with voice assistants is becoming a part of our daily lives. From smartphones and smart TVs to wearables and even microwaves, it’s hard to name a device that hasn’t been — or won’t soon be — enhanced with voice-enabled technology in some capacity. Despite its growth, voice assistant technology is a largely untapped resource.…