August, 2020

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Walmart Allies With Instacart To Boost Same-Day Delivery Capacity

Retail TouchPoints

Even with 74,000 personal shoppers and its recently launched Express Delivery service, Walmart has faced challenges keeping up with demand as consumers escalate both their online ordering and their expectations for faster home delivery. To ramp up capacity for same-day delivery, Walmart has struck a deal with Instacart to pilot home delivery in Los Angeles, San Francisco and San Diego, Calif. as well as Tulsa, Okla., according to CNBC.

Consumer 360
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Boost your eCommerce Revenue with Smart Pricing Analytics

Intelligence Node

The retail world is currently facing rapid evolution. Market trends are fluctuating at an unprecedented pace, prices are as competitive as they’ve ever been, and customers are holding companies to ever-higher standards. The only way to keep up is with a pricing analytics software that enables you to strategize in a manner that optimizes for […].

Marketing 197
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Strategies for Sunscreen and Supplement Brands to Maintain Shelf Space Amid the Rise in Private Label

Wiser

Part of our work here at Wiser is researching a variety of CPG 10K Annual Reports to identify the risks that businesses are facing. Our aim is to flag those that we can help alleviate with our online and in-store solutions. We’ve noticed one risk that is quite common, encompassing what could happen in the event of unfavorable market conditions. Companies generally predict that consumers would be more likely to purchase private label competitors with presumably lower prices.

Consumer 139
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Retail’s Digital Future

I Vend

In store shopping has long been the predominant way to shop, however, online shopping has quickly grown to become the preferred channel for many. Consumer preferences have shifted in response to the pandemic, as many have faced changes in their jobs, income and leisure time. And, online shopping has quickly proven to be go-to alternative, providing promises of safety and convenience.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Virgil Abloh and AMO design flexible flagship Off-White store in Miami that "can host a runway show"

Dezeen

Fashion designer Virgil Abloh and AMO director Samir Bantal have designed the Off-White flagship store in Miami Design District to be a fulfilment centre and a multipurpose events space. Abloh, who owns the brand Off-White , and Bantal, director of architecture firm OMA 's research arm AMO, designed the store to rethink how physical shops should operate amid the growing popularity of digital shopping.

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Repsly Named to Inc. 5000 Fastest-Growing Private Companies

RepslyBlog

Inc. magazine recently revealed that Repsly earned a spot on its annual Inc. 5000 list , the most prestigious ranking of the nation’s fastest-growing private companies. This marks the second consecutive year Repsly has received the honor. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.

ATS 98

More Trending

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Disrupting the Online, Direct-to-Consumer Retail with Dynamic Pricing

Intelligence Node

Winning Consumers with Dynamic Pricing for DTC Brands In the last decade, with the growth of eCommerce, DTC or direct-to-consumer retail has gained momentum. Infact, today there are more than 400 DTC brands disrupting the retail model, offering a more personalized user experience, and winning customers and market share. It is only a matter of […].

Consumer 104
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15 Tips to Succeed as Brick-and-Mortar Retail Reopens

Wiser

Hopefully, by the time you are reading this your region is making progress against COVID-19. If not, it’s never too early to prepare for that eventuality. The fact is that brick-and-mortar retail—and the economy as a whole—will start to churn again. In fact, your business may already be tasked with reopening its physical doors to eager customers, but there will still be a lot of uncertainty about how to do this effectively and safely.

Markdowns 120
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Everything You Need To Know About Shopify POS Hardware: Cost, Where To Buy, & More

Merchant Marverk

It was an eCommerce pioneer back in 2006, then expanded to iPad POS in 2013, and now it basically runs the world. Well, at least the world of cloud retail. I’m talking about Shopify , of course. Besides its global takeover, one of the things I admire most about Shopify POS is that it’s very upfront about disclosing every component of hardware that its point of sale system works with.

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Folding polycarbonate wall reveals earthy interiors of São Paulo wellness space Dois Trópicos

Dezeen

Brazilian studio MNMA has designed a spiral concrete stair and folding polycarbonate doors in this botanical store, yoga classroom and restaurant in São Paulo. Dois Trópicos has a calming earthy palette featuring local materials and crafts that MNMA chose to complement the functions of the wellness hub. "The concept of the project is a hybrid space, there is no determination or boundaries.

Outdoor 98
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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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5 Ways to Manage Retail or Wholesale Prices

RETAIL MANAGEMENT SOFTWARE

Price management is one of the most important operation in any retail or wholesale environment. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. Retailers and wholesalers both must manage merchandise prices.

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Why Streamlined Omnichannel Shopping Is The New ‘Table Stakes’ In Retail

Retail TouchPoints

The convergence of a pandemic, economic turmoil and a heated presidential election can make it difficult to look beyond the here and now, but shoppers nevertheless expect retailers to have a long-term vision. Consumers are recognizing that major companies can play a large role in shaping tomorrow — both in terms of their influence on society at large and the post-COVID-19 shopper experience, according to the Visions Into The Future report by CallisonRTKL.

Shopping 334
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Fire Prevention: Annual Planning in Times of Uncertainty

Shopperations

It is getting to be that time of the year again. Shopper marketers can hear the whispers. Even those working remotely can feel the heaviness in the air on their team calls. It’s fire drill season, a.k.a. ANNUAL PLANNING.

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How to Build a Framework for Price Testing

Wiser

Implementing a price testing strategy is like conducting an orchestra. Just like an orchestra needs every individual performer and section playing together in harmony, there are many different parts of your business that have to work in lockstep to run effective price tests. Otherwise, you just end up with noise. Price testing can’t just be done in an ad hoc way.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Seamless Shopping Journeys Attract Today’s Home Furnishings Consumers

Storis

In today’s world, everyone has a smartphone. I am constantly using my phone to research, browse, and make impulsive purchases. That is, until recently, when I stepped outside of my comfort zone and made a big-ticket purchase; new sofas. I found out that the shopping journey for buying furniture was very different than my normal mobile purchases of clothing or shoes.

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Burberry and Tencent collaborate on interactive WeChat shop in Shenzhen

Dezeen

Visitors to Shenzhen's Burberry flagship store can use Tencent 's WeChat app to interact with the window display and play their own music in fitting rooms. The British fashion brand and China's largest social media company collaborated to design a shop that suited Shenzhen 's growing reputation for technology. Shoppers use WeChat, a Chinese messaging and social media app, to engage with the shop in Shenzhen's MixC development.

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Change Has Come Knocking. Is Your Team Listening?

Theatro

Change is defined by new processes, procedures and effective rewards. Managers would love it if they could simply say, “Hey, listen up! We have a new way of doing business and here’s how it works…” A manager might proclaim a change, but would each employee internalize the message and modify their behavior? Probably not. We humans have a strong inclination to resist change and lean on that terrible motto, “We’ve always done it this way.

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Even Amid COVID-19 Concerns, Halloween Offers Safe Scares (And Retail Opportunities)

Retail TouchPoints

Anticipation of Halloween is growing among consumers, many of whom are viewing the celebration as a way to relieve stress and achieve a sense of normalcy after months of COVID-19 restrictions and uncertainties. That’s good news for retailers offering products in key categories such as decorations, costumes and candy, although merchants will need to adapt both their marketing and their assortments for a largely contact-free holiday.

Outdoor 331
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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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How Accurate Scheduling Creates a Higher Conversion Rate

Retail Next

Conversion rate is extremely important in the retail industry, and is a metric that drives store sales, margin, and survival of the overall business. This is especially the case for specialty stores with high unit prices. Conversion is influenced by multiple factors, from location to product type, visuals, and your people. . So how do we optimize for conversion?

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Dynamic Pricing Strategy Benefits All Online Retailers Need to Know

Wiser

Dynamic pricing in online retail has come a long way as a pricing strategy. It is defined as a strategy that allows retailers to respond in real-time to supply and demand levers. It provides countless benefits, such as enabling retailers to beat a competitor, save dwindling inventory, or make the most out of a trendy item that is flying off warehouse shelves.

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FRANK MAYER AND ASSOCIATES, INC. UNVEILS TEMPERATURE KIOSK

Frank Mayer

Frank Mayer and Associates, Inc. teams with Data Display Systems, LLC to provide a solution for workplace health screening. GRAFTON, WI – Frank Mayer and Associates, Inc. has partnered with Data Display Systems, a technology company that engineers electronic display systems, to develop a kiosk solution for employers looking to enact health screening and temperature checks at their worksites.

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Black spiral staircase twists through Joseph store in Miami Design District

Dezeen

London studio Sybarite has designed a store for fashion label Joseph in the Miami Design District to include round balconies, curved railings and spiral stairs as a reference to the city's seaside architecture. A black metal corkscrew staircase is among the details that takes cues from Miami's seaside architecture dating back to the 1940s and 50s. Featuring contrasting white polished-marble stair treads, it twists through a circular opening to lead from womenswear on the ground floor to menswear

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.

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5 Ways to Manage Retail or Wholesale Prices

RETAIL MANAGEMENT SOFTWARE

Price management is one of the most important operation in any retail or wholesale environment. Price is right merchandise for retailers or wholesalers. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. .

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Q2 Results: Target Boosts Online Sales 195%, Walmart’s Grow 97%

Retail TouchPoints

Retail industry giants Target and Walmart continued to benefit from their status as essential retailers equipped with strong e-Commerce operational capabilities in Q2. In good news for their bottom lines, both retailers achieved significant sales growth, both online and in-store, while also improving margins. Target achieved a record-setting 24.3% increase in comp sales for the three months ended Aug. 1, 2020, rising from $18.2 billion last year to $22.7 billion this year.

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Boost your eCommerce Revenue with Smart Pricing Analytics

IntelligenceNode

The retail world is currently facing rapid evolution. Market trends are fluctuating at an unprecedented pace, prices are as competitive as they’ve ever been, and customers are holding companies to ever-higher standards. The only way to keep up is with a pricing analytics software that enables you to strategize in a manner that optimizes for […].

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What is Brand Share and How to Optimize It

Wiser

In the modern era of retailing, brands need accurate and timely price intelligence in order to show up in relevant product searches on marketplaces and ultimately drive brand share. In the past, capturing competitive and market-level insights from disparate competitors across myriad online shopping sites simply took too much time to yield the necessary results.

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Disruption Reimagined: How to Conquer, Not Crumble, During Supply Chain Instability

Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert

Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.

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How to Expand Your In-Store Footprint

RepslyBlog

Mastering the retail channel is a massive opportunity for CPG brands, but those who have played in the space before know it takes a committed investment to reap the benefits. To make the most of that investment, CPG sales and marketing teams are putting data at the forefront of their retail execution efforts, unlocking the insight they need to expand their in-store footprint by prioritizing and maximizing high-opportunity initiatives.

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OMA designs glass volume to top Tiffany & Co's New York flagship store

Dezeen

OMA New York has unveiled its design for a glass addition to top the historic Tiffany & Co store on Fifth Avenue in New York City. The project involves the preservation of the jewellery brand's 80-year old flagship location, a renovation of its ground floor and the construction of a rectangular glass volume that will span three storeys, adding space for hosting exhibitions and events.

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5 Ways to Manage Retail or Wholesale Prices

RETAIL MANAGEMENT SOFTWARE

Price management is one of the most important operation in any retail or wholesale environment. Price is right merchandise for retailers or wholesalers. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. .

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Reaching The Most Influential Shopping Generation As We Transition To A New Normal

Retail TouchPoints

It’s no surprise that the shopping habits of Gen Z during the pandemic will predict the near future for retail. Gen Zers are currently the largest and most influential generation of shoppers in the U.S., and COVID-19 has had a serious impact. We are already seeing that 46% say they plan on saving more of their earnings over the next five years, and 63% are currently concerned about the impact of COVID-19 on their ability to make money.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.