Digital Innovation
Itโs all very well waxing lyrical about Sears, Macyโs and J.C. Penney, but letโs be honest, theyโve let things slide. Having fallen behind the times, they no longer relate to today's consumers. In the last decade, Sears has closed 22 percent of its stores. Weโre witnessing the death of the mall because traditional retailers failedโฆ
Secrets for optimizing inventory to maximize profits and best practices for inventory data management for multi-channel sellers.
Signet Jewelers announced its plans to acquire e-commerce diamond company R2Net, parent company of JamesAllen.com, a millennial-friendly online diamond shop. Bloomberg reports the corporate parent of the Kay and Zales jewelry chains has agreed to pay about $328 million for the acquisition. News of the deal came as Signet Jewelers surprised investors with an increase inโฆ
The romance of in-store shopping hasnโt fizzled out just yet, and thanks to social media, it has new meaning. According to Forbes Insights, consumers today conduct shopping research online, but prefer to make their purchases in a physical storefront. Still, theyโre not ditching their digital resources once they go inside. Data management platform SessionM foundโฆ
As the second-largest spending season among consumers โ and, at three months, the longest โ back-to-school (BTS) brings big opportunities for retailers to connect with shoppers. RetailMeNot recently released a study conducted by Kelton Global that found 85 percent of retail marketers plan to invest more in their BTS marketing in 2017 compared to theโฆ
2017 has been a whirlwind of a year for retailers to say the least, with most of the conversation surrounding how brands need to think digitally first. However, this morning in a panel discussion at eTail East, Drew Green, CEO of Indochino, a made-to-measure menswear company, ended the session with a telling statement. โI thinkโฆ
With the back-to-school season upon us, retailers are struggling to stand out in the digital world. Itโs getting harder for brands to differentiate themselves without being borderline abusive to consumers. Letโs face it, most of whatโs being done in digital today is being overdone. Efficacy is failing, so marketers are focusing on efficiency to doโฆ
Digital transformation is sweeping the retail industry. As such, it's time for retailers to brush up on how to turn this evolution into a competitive advantage. While most of todayโs consumers seek a digital experience, many retail leaders lag behind, instead proffering traditional market tactics that work, but donโt help the business excel. How canโฆ
When it comes to interacting with retailers and brands, there are two things which customers crave: convenience and ease of use. Convenience, in that a customer expects to be able to reach the store or brand whenever they want to, wherever they are. They also want that point of contact to be uncomplicated and easyโฆ
2017 has been a rough year for traditional brick-and-mortar retailers. As many as 8,600 stores may close by the end of the year, shattering the previous record of 6,163 in 2008, according to a Credit Suisse report. This is due in large part to more than 300 retailers filing for bankruptcy halfway through 2017, aโฆ