Sat.Jul 11, 2020 - Fri.Jul 17, 2020

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Store Reopenings: Why Retailers Must Go Above And Beyond To Bring Shoppers Back

Retail TouchPoints

Shoppers have slowly begun to accept brick-and-mortar’s return: 22% have increased their willingness to set foot into a grocery store or pharmacy since March, according to data from Resonate. Only 24% planned to increase their online grocery orders in June, while 12% are starting to decrease their online grocery usage. However, the resurgence in COVID-19 cases may be causing some second thoughts: in May, 90.4% of shoppers would have returned to stores for general merchandise, hardware, clothing,

Returns 303
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How to Price for Long-Term Growth and Profit

Wiser

We tend to think of pricing as its own distinct practice. You develop a product, produce it, promote it, and sell it. In reality, a pricing strategy needs to be baked into the entire process. You can’t create a product without understanding where it fits into the market. Is it a high-end product? If that’s the case, does the pricing reflect the value?

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Forte Forte fashion boutique in Madrid is filled with shapely details

Dezeen

A pale geometric relief wall offsets brass and green- marble decor details in this Madrid boutique designed by creative duo Giada Forte and Robert Vattilana. Madrid's Forte Forte store occupies a corner plot in Salamanca – a glamorous district of the city known for its boulevards lined with luxury fashion boutiques and upscale restaurants. It was designed by the brand's co-founder, Giada Forte and her partner, art director Robert Vattilana.

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Retail Audit Checklist

RepslyBlog

For CPG companies selling at retail, retail audits are an important part of maintaining a strong shelf presence. This checklist covers 37 different metrics that you're reps should be measuring every time they conduct an audit to ensure you have the most accurate and valuable data available.

ATS 78
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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Contactless Delivery Becomes A Necessity For BOPIS Fulfillment

Retail TouchPoints

It has been said that it takes 21 days to form a habit. With most of the country having been in quarantine and ordering necessities online since mid-March (well over 21 days), e-Commerce habits forged now are likely to stick in the future. That assumption seems to be confirmed by research published by Cotton Incorporated via their Consumer Response Surveys.

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Welcoming a New Era of Retail Operations at the Curb

Theatro

In the post-pandemic era, curbside pickup has become a focal point for the retail industry, a new must-have offering a way to keep stores operating, protect employee and customer health while serving customers, and establish their reputation as a company that steps up in time of crisis. But at what cost? Many retailers without a pre-existing BOPIS or curbside services reacted fast by cobbling something together quick and throwing labor at the problem.

ATS 52

More Trending

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4 Focus Areas for Post-Pandemic Retail

Retail Eye

Never let a good crisis go to waste” – Winston Churchill At a time where everything seems to be bad news for retail, it is important, just like in all aspects of life, to balance the negative with some positive. In today’s blog, we will discuss four key areas where retail innovation is moving the […].

ATS 52
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JCPenney Terminates 1,000 Corporate And International Employees

Retail TouchPoints

To right-size its executive ranks with 152 permanent store closings, JCPenney is eliminating approximately 1,000 workers in corporate and field management and international positions. The benefits package for exiting employees includes severance for eligible associates, outplacement support, compensation for unused paid time off and an extension of employee discounts.

Planning 295
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Mi9 Retail Launches ThryveAI

M19 Retail

Introducing the Next Generation of Digital Commerce for Grocers. MIAMI, FLORIDA July 15, 2020 – Mi9 Retail (Mi9), the leading provider of omnichannel retail solutions, is pleased to announce the launch of its new digital commerce brand, ThryveAI. Mi9, a pioneer in grocery e-commerce, helped grocers create their first digital storefronts when online grocery was a novelty.

Grocer 52
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Interview With Becky, Owner of Nashville Soap Company

Hello Small Shop

Tell us about yourself and your business. Hi! I’m Becky, the owner of Nashville Soap Company. I founded this business shortly after I decided to leave my nursing career and stay home as a new mom. I took my love for handcrafting cold process soap and turned it into a business after much thought and reflection about how I wanted to brand and market my products.

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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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4 Focus Areas for Post-Pandemic Retail

Retail Eye

Never let a good crisis go to waste” – Winston Churchill At a time where everything seems to be bad news for retail, it is important, just like in all aspects of life, to balance the negative with some positive. In today’s blog, we will discuss four key areas where retail innovation is moving the […].

ATS 52
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In The COVID-19 Era, AI Is Retail’s Best Shield Against Fraudsters

Retail TouchPoints

When retail historians compile the definitive chronicle of this era, they will recall something remarkable: as merchants across the nation responded to the COVID-19 outbreak by shifting more operations online, two years’ worth of e-Commerce growth got crammed into two weeks. Unfortunately, the rate of e-Commerce fraud also grew at a rapid pace. How to explain that paradox?

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Research: Promising year ahead for home interiors retailers, but consumers more selective about where they buy

Retail Technology Review

New research has revealed millions of consumers are spending more money than usual on their homes as a result of lockdown, with 75 per cent of Brits planning further improvements over the next year.

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Movista Announces Spin-Out of Capango, Continues Growth Initiatives

Natural Insight

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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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4 Focus Areas for Post-Pandemic Retail

Retail Eye

Never let a good crisis go to waste” – Winston Churchill At a time where everything seems to be bad … Continue reading →

ATS 59
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Why Agility And Multi-Touch Attribution Are Key To Personalized Marketing Campaigns

Retail TouchPoints

Retailers understand what they need for next-level personalization, but they are still struggling with speed of action and depth of data. A survey by CMO Council and Catalina found that 72% of marketers said the time gap from insight to action is too long, and nearly 60% point to inconsistencies with the level of depth and granularity of customer insights — while another 36% admit they simply don’t have the data they need to know shoppers.

Marketing 248
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The great Android migration: How to take a systematic approach to modernising your warehouse operations

Retail Technology Review

The modernisation of the warehouse is being driven by a confluence of factors. With the boom in e-commerce, warehouses are challenged to do everything better and faster. They are expected to meet increasing fulfillment demands and optimise efficiencies with streamlined workflows powered by smarter, data-driven insights. .

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The Google Smart Shopping Dilemma: Control Vs Automation

Store Growers

I’ve been a vocal critic of Smart Shopping campaigns. I used to consider this fully automated Shopping campaign part of the big bag of dirty tricks Google uses to squeeze more money out of unknowing advertisers. So for the last couple of years, I’ve steered clear of Google Smart Shopping campaigns and advised others to do the same. But recently I’ve started to warm up to Smart Shopping.

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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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Aesop's London store takes its colour from the red sandstone of Glamis Castle

Dezeen

Precast stone blocks coloured with red sandstone from Glamis Castle in Scotland form the walls of this refuge-style Aesop store that architecture studio Al-Jawad Pike has created in a west London shopping centre. The studio designed the small store for skincare brand Aesop to be a retreat from the bustling aisles of Westfield shopping centre in Sheperd's Bush.

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Using Marketing To Reaffirm Purpose And Value

Retail TouchPoints

Add To Calendar. In April and May, the Siegel+Gale team interviewed a panel of CMOs to assess how their priorities and tactics changed in light of COVID-19. The situation has evolved significantly since then, so senior content strategist Alicia Esposito is catching up with Brian Rafferty, Global Director, Business Analytics & Insights, to see what has changed and what marketers need to know.

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Online retail sales continue to boom despite return of brick-and-mortar stores

Retail Technology Review

Even as the high street came out of hibernation last month, June’s online retail sales spiked to a new twelve-year high of +33.9% Year-on-Year (YoY). That’s according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers.

Returns 34
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OneView Commerce Tool Can Help Retailers Enhance BOPIS Options

Retail TouchPoints

OneView Commerce, a provider of digital solutions for physical stores, provides OneView Pickup Anywhere to help retailers expand their existing processes and legacy infrastructure to offer curbside, contactless and in-store pickup options. The solution helps retailers scale up to meet unprecedented customer demand during the COVID-19 pandemic. The platform leverages OneView’s feature-as-a-service transaction engine to help retailers quickly build new functionality to address customers’ needs.

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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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Harnessing Technology to Help Retail Battle Against COVID-19

Retail TouchPoints

The impact of digital technology on the retail industry has been nothing short of profound. In recent years, bricks have morphed into clicks and taps as consumers have embraced the convenience of online shopping. Still, nothing could have fully prepared retailers — both online and in the physical world — for COVID-19. Suddenly, as shopping malls shuttered and showrooms closed, brands that weren’t accustomed to selling online found themselves facing huge hurdles.

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Following Bankruptcy Filing, DAVIDsTEA Will Shutter 124 Stores

Retail TouchPoints

Like many retailers dealing with slow (or nonexistent) store traffic during the COVID-19 pandemic, tea retailer DAVIDsTEA is shifting its focus to e-Commerce and wholesale operations. As part of bankruptcy filings in Canada and the U.S., the Montreal-based company is sending notices to terminate leases for 82 of its Canadian stores and all 42 U.S. locations.

Wholesale 216
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How Potomac River Running Replaced Voicemail ‘Dead End’ With Texts

Retail TouchPoints

“Voicemail is not a good answer for retail,” said Ray Pugsley, owner of Potomac River Running in an interview with Retail TouchPoints. In his nine sports gear and apparel shops in Washington, D.C. and nearby northern Virginia, “our business model is about giving customers very personalized service. That gets difficult when a store gets busy, and if you add phone calls on top, it’s impossible,” he added.

Apparel 212
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eMarketer: COVID-19 Retail Recovery Will Take Longer Than ‘Great Recession’ Rebound

Retail TouchPoints

The coronavirus will squash retail growth this year, with worldwide sales expected to drop 5.7% and U.S. sales declining at an even higher rate, 10.5% , according to the latest forecasts from eMarketer. Before the pandemic prompted closures of retail stores around the globe, eMarketer had forecast that 2020 worldwide retail sales would reach $26.46 trillion , 12% higher than its revised estimate of $23.36 trillion.

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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.

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The Paper Store Files For Chapter 11, Anticipates A Quick Sale

Retail TouchPoints

In its Chapter 11 bankruptcy filing on July 14, Paper Store LLC, known to consumers as The Paper Store , declared that “the sudden economic impact of the global COVID-19 pandemic derailed” the 86 -store stationery and gift chain’s “optimistic prospects for the future.”. Despite the pandemic-related store closings, The Paper Store, which operates in seven Northeastern states, has seen its online sales skyrocket.

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Cambridge Retail Advisors Names Ken Morris As Managing Partner

Retail TouchPoints

Ken Morris, a retail industry leader with more than 40 years’ experience, has joined Cambridge Retail Advisors as a Managing Partner. Morris brings extensive retail operations and IT experience to the team, as well as entrepreneurial and leadership skills demonstrated in launching consulting and software companies, building teams and accelerating growth.

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A Retail Crossroads: How Automation Can Help Retailers Bounce Back

Retail TouchPoints

Retail businesses, warehouses and distribution centers around the world are facing new challenges as the business environment has shifted in the wake of recent global events. Just as consumers grew accustomed to two-day, next-day and even same-day shipping, the entire supply chain shifted. Now, with consumers demanding direct-to-consumer, in-store and curbside pickup, businesses must perfect omnichannel fulfillment to survive.

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Exclusive CEO Q&A: How LUXIE Is Pivoting To Win Older Shoppers

Retail TouchPoints

As the LUXIE brand has grown to become a global DTC cosmetic tools brand sold in 160 countries, its consumer base has shifted from an average age of under 20 to a 30- to 45-year-old demographic. The change has been rapid: “Two years ago, it was 16 to 22, and one year ago it was 24 to 35,” said Conor Riley, CEO of Luxie Beauty in an interview with Retail TouchPoints.

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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.