Retail TouchPoints

JANUARY 11, 2021

Perhaps the third time will be the charm. Staples is making another bid to acquire its rival Office Depot , this time with a bid of $2.1 billion — one-third of the $6.3 billion offered in the original 2015 merger agreement. That deal was shut down in 2016 due to antitrust concerns. The two companies also had attempted a merger in 1997 that was stopped by the Federal Trade Commission (FTC).

Planning 241

Planning 241

Intelligence Node

JANUARY 11, 2021

The best thing about January is the opportunity to start again, a general optimism for doing better retail planning than last year. More so for retail, being one of the hardest hit industries last year. As retailers re-evaluate 2020’s retail planning decisions, the overarching theme for Budget ‘21 is ‘uncertainty’, given the current political […].

Planning 160

Planning 160

Retail TouchPoints

JANUARY 11, 2021

Without question, the COVID-19 pandemic proved to be quite a disruptor for retailers, as in-store sales dropped and other options, like ecommerce and buy online, pick up in-store (BOPIS) surged. With these sweeping shifts in consumer needs, retailers relied on data more than ever to quickly position themselves to create the kinds of offerings and experiences that consumers expected during this unprecedented period.

Consumer 236

Consumer Marketing Returns Planning 236

Nahanco

JANUARY 11, 2021

It’s the end of the season and sales did not go quite as planned. Now, what do you do with all the leftover stock and still recoup some of the initial investment? The obvious solution is to have a sale and reduce prices. But first, you must have a plan and be prepared for having a sale. This includes setting a goal, having a vision, and investing in the right sales supplies, including signs, tagging/pricing supplies, and display options.

Visual Merchandising 81

Visual Merchandising Promotions Planning Location 81

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Management

Retail TouchPoints

JANUARY 11, 2021

LVMH Moët Hennessy Louis Vuitton SE has completed its acquisition of Tiffany & Co. The luxury conglomerate’s purchase of the iconic jeweler has been in the works for more than a year , delayed by called-off plans, numerous legal battles and deal renegotiations. A marked-down price tag (lowered from the original $16.2 billion to $15.8 billion ) finally brought the merger to fruition.

Planning 181

Planning ATS 181

Retail TouchPoints

JANUARY 11, 2021

While it’s hardly noteworthy that a retailer increased online sales during some of the worst months of COVID, M.Video-Eldorado Group , a 1,039-store electronics and appliance retailer serving more than 250 regions across Russia, did much more than simply funnel products through its suddenly active ecommerce channel. The M.Video ONE RETAIL strategy, designed to connect the online and offline customer experience through a single platform, met the pandemic’s challenges on multiple fronts with strat

Payment Services 261

Payment Services Location Fulfillment Customer Experience 261