article thumbnail

A Look Back at 75 Years of Retail Innovation

Star Miconics

This invention paved the way for efficient printing solutions in retail environments. 1965: Digital scales, initially invented in Japan, became the most popular type of weighing scale worldwide, offering accurate measurements for various retail applications. This technology revolutionized inventory management and checkout processes.

article thumbnail

Cross-Channel Home Décor Retailing: 5 Take Away Lessons from The Game Changers

RETAIL MANAGEMENT SOFTWARE

While brick and mortar stores still play a strategic role in this market vertical, online shopping has skyrocketed, and with $294 billion expected in online home furnishing sales by 2022, retail store owners can no longer afford to miss out on the opportunity to ramp up their cross-channel game plans. What is cross-channel retailing?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nordstrom’s Strategy for Success, 6 Key Elements

Indigo 9 Digital

But Nordstrom has built a solid retail business over a number of years and has implemented many initiatives which any retailer hoping to succeed should emulate. If you want to know how Nordstrom has managed to stay relevant for so many years consider these six keys to Nordstrom’s success. Do you like this content? of space.

article thumbnail

Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

We will need to generate and sustain increased revenue and manage our costs to achieve profitability. As David Hsu, a professor of management at the University of Pennsylvania's Wharton School said Casper has "a very expensive [business] model, particularly because of their guarantees." Most recently Warby Parker lost $110.4

article thumbnail

Wayfair’s Strategy – 7 Compelling Facts You Need to Know

Indigo 9 Digital

In 2002 Wayfair’s founders Steve Conine and Niraj Shaw noticed a trend. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 5. They saw people were turning to the internet to find a broader selection of furniture.