Wal-Mart Stores Inc. said last week it's rolling out shelf-scanning robots in more than 50 U.S. stores next year, to replenish inventory faster and save employeesโ time when products run out. While Wal-Mart has been testing shelf-scanning robots in stores in Arkansas, Pennsylvania and California for the past three years, by the end of January,โฆ
Digital Innovation
Wal-Mart Stores Inc. said last week itโs rolling out shelf-scanning robots in more than 50 U.S. stores next year, to replenish inventory faster and save employeesโ time when products run out. While Wal-Mart has been testing shelf-scanning robots in stores in Arkansas, Pennsylvania and California for the past three years, by the end of January, [โฆ]
Part one of this series, Retailer Digital Disruption: Why an Organizational Shift is Needed Now, was featured in Total Retail's Fall print issue. Below is part two. As difficult as it can be, traditional retailers must re-architect their organizations through the lens of their customerโs complete user experience, embracing a seamless cross-channel point of viewโฆ
Itโs no secret that to stay in business, retailers need to continuously evolve to meet the changing demands of shoppers in an increasingly digital world. Millennials, in particular, are avid users of touchscreens and the use of interactive touch solutions comes naturally to them. As a result, retailers are installing different forms of technology atโฆ
Stitch Fix, the online personalized styling service, announced yesterday that it has filed for an initial public offering (IPO). While the company didn't state how much it expects to raise, sources familiar with the situation said the retailer anticipates it will be valued at roughly $3 billion to $4 billion. An IPO filing had beenโฆ
A collection of the top tips featured in Total Retailโs magazine and e-newsletters this year, from content marketing to inventory management to merchandising, and much more.
The Estรฉe Lauder Companies has a new senior vice president and chief information officer. The company recently named Michael Smith to the role. He reports to Estรฉe Lauder Executive Vice President and Chief Financial Officer Tracey Travis. Smith brings a mix of IT, commercial and functional experience to this leadership role. Using his experience, Smithโฆ
Since founding Bluemercury 18 years ago with his wife, Marla, Total Retailโs 2017 Retailer of the Year Barry Beckโs leadership has helped the brand become one of the fastest-growing retailers. Under his leadership, Bluemercury has grown to nearly 200 stores (it grew its store count by more than 50 percent in 2016), has operations in more than 30 states, and employs nearly 2,000 people. (Bluemercury was acquired by Macyโs in 2015 for a reported $210 million.) Learn more about Barry Beck in this wide-ranging interview.
Beauty retailer Sephora has promoted Mary Beth Laughton to executive vice president of U.S. omni retail. Previously, Laughton was senior vice president of digital. โMary Beth is a visionary and strategist with a deep understanding of how customers are evolving,โ said Calvin McDonald, chief executive officer and president of Sephora Americas. โDuring her time atโฆ
Despite the traditional retail industry being beset by online competitors and margin pressure, hereโs a bit of good news from a recent Capgemini report: More than 80 percent of consumers are willing to pay more for a better experience. However, that same study found that while 75 percent of organizations believe themselves to be customerโฆ