article thumbnail

Behind the evolution of 107-year-old Japanese eyewear brand Tanaka Optical

Inside Retail

SW: It has been a rather erratic 2020, predominantly dictated by the government‘s Covid measures. What inspired us to be more accountable for sustainability is from the core of our business, that is based on the traditional format of the optical retail business rather than the fast-fashion optical business format.

article thumbnail

The Future of Retail in the New Era of Risk

Retail Prophet

Most companies today, according to Thorbeck, are accounting only for the front-end advantage that low cost might afford them. The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. Risks, he says, that make businesses far less competitive.

Insiders

Sign Up for our Newsletter

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

article thumbnail

4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

This includes everything from storing inventory, processing orders, picking stock, shipping packages, and delivering orders to the end consumer. Firstly, a BOPIS model simply pushes the optimization burden to the individual stores — as consumers tend to check individual store stock before ordering.

article thumbnail

[Webinar] Increasing Your Share of Shelf with Suggestive Selling

Wiser

Dan Ray, Director of Customer Success at Wiser and one of the early founders of ShelfSpace, a retail execution platform that Wiser acquired in 2020. Now, obviously, there’s going to be accounts where no matter how good the data shows, right, you won’t get that authorization to make changes to the home shelf.

article thumbnail

Jason & Scot Show Episode 257 – Cookies, IDFA, and Commerce Deep Dive

Retail Geek

California Consumer Privacy Act of 2020 (CPRA) California Consumer Privacy Act of 2018 (CCPA) EU General Data Protection Regulation (GDPR). Safari (19% share) 3P cookies blocked as of March 2020 Firefox (4% share) 3P blocked as of Sept 2019 Chrome (64% share) will block 3P January 2022. Here is everything you need to know. Background.

article thumbnail

Jason & Scot Show Episode 265 – News, retailer earnings, and listener questions.

Retail Geek

last year) Burlington – Comps up 20% (shutdown e-commerce Q1 2020) Gap – Comps up 28% (up 13% vs 2YA). Ulta – US Comps up 65.9% (up 7% from 2YA) Costco – US Comps up 18.2%, e-commerce up 41.2% Dollar General – US Comps down 4.6%; (up 17.1% Digital up 82% vs 2 YA. Digital now 40% of total sales.