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Exclusive: Target Australia MD talks turnaround ahead of brand relaunch

Inside Retail

Taking share off specialty stores. Pearson sees apparel, homewares and toys as being “destination” categories for Target, where it not only can compete against other value retailers on quality and price, but take market share off of premium specialty stores.

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The Evolution of Retail Formats: Adapting to Environmental and Social Forces

Retail Focus

The journey of retail formats, as we know them, began with specialty stores, where retailers differentiated themselves through elevated service, expansive inventory, and deep local knowledge. Businesses now prioritize fulfilling customer requests and needs to ensure their long-term sustainability.

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Behind the Scenes of TikTok Shop with a Pioneering U.S. Seller

Retail TouchPoints

We have an Amazon-level warehouse and fulfillment center, and a customer service team that needs to input all of our orders, so there was a lot of backend development that we needed to do in order to connect with TikTok, beyond what smaller sellers need.”

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Making Sense of Retail: Part II

VMS

Research Findings Scoring The BHDP team examined the respondent data to identify which collages elicited positive feelings (calm, satisfied, excited, relaxed, fulfilled, stimulated or energized) and which elicited negative feelings (anxious, overwhelmed, unimpressed, bored, drained, frustrated or disappointed). For Part I, please click here.

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2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

While Department stores are the ones to get the highest traffic during Valentine’s Day (36%), followed by discount stores and online shopping (32%), specialty stores are expected to grab 19% of shoppers, whereas local small stores stand at 15% followed by clothing stores and jewelry shops tied at par with 11% of intentions.

Jewelry 52
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2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

While Department stores are the ones to get the highest traffic during Valentine’s Day (36%), followed by discount stores and online shopping (32%), specialty stores are expected to grab 19% of shoppers, whereas local small stores stand at 15% followed by clothing stores and jewelry shops tied at par with 11% of intentions.

Jewelry 52
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How Retailers Can Control Costs Even As Return Rates Climb

Retail TouchPoints

On average, food, drug and mass merchants lose five margin points on returns; for department and specialty stores, it’s six points , according to IHL Group. Whatever solutions are employed will add cost to a returns process that already cuts into profit margins.

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