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Tag: retailer


Retail Types, Stores

Walmart adds ‘smart garage’ company to InHome delivery program

August 30, 2022

Via: Retail Dive

As Walmart expands its InHome delivery program, the myQ partnership will help the retailer expand the in-garage option for shoppers who don’t want workers entering their home but are also uncomfortable with the idea of having packages left on their […]


E-commerce, Retail Types

How to Sell on Facebook as a Retailer

June 2, 2022

Via: Lightspeed POS

With almost 3 billion active monthly users, nearly 38% of the world’s population and 62% of internet users can be found on Facebook. While businesses have traditionally used Facebook to engage with customers and stay top of mind, the social […]


News & Trends

Retailer Secrets of Revenue Growth

May 18, 2022

Via: RIS News

Whether you strive to win a sport championship, a music competition, or a spelling bee, winning requires you to do the same thing: You must out-perform your rivals. Moving up in the annual list of the Top 100 Retailers by […]


Retail Types, Stores

Walmart’s profits take a hit as fuel spikes and consumers react to inflation

May 17, 2022

Via: Retail Dive

Walmart Chief Financial Officer Brett Biggs called Q1 “one of the most challenging periods yet” in a disruptive environment marked by inflation and supply chain challenges. For the year, the retailer now expects a small decline in operating income compared […]


Suppliers

Just-keep-it refunds to cost companies $4.4 billion during record-high holiday returns

January 10, 2022

Via: Charged

The huge growth in ecommerce over the pandemic has led to a massive increase in the number of just-keep-it refunds that could cost retailers up to $4.4 billion. The practise involves giving consumers a refund for faulty or inadequate products […]


Suppliers

Walmart Seeks Sustainability Action From Suppliers With Supply Chain Finance Program

December 9, 2021

Via: RIS News

Walmart has taken a new step in its global supply chain sustainability goals, encouraging its small and midsize suppliers to take climate action with resources and incentives. The retailer has created a supply chain finance program that not only enables […]


E-payment & Data Security, Tech

5 Ways Retailers Can Work to Reduce Chargeback Fraud

November 5, 2021

Via: RIS News

As global e-commerce continues growing at its feverish pace, retailers are understandably excited and embracing innovative solutions to ride the wave. But alongside that massive growth lurks the always villainous fraudster. There’s good news though – technology is making it […]


News & Trends

M&S store closure strategy amid wider online shift “must be applauded” according to analysts

May 27, 2021

Via: Charged

Marks & Spencer’s dramatic store closure programme to streamline its estate and focus on online sales “must be applauded”, according to analysts. Yesterday the retailer announced plans to close 30 stores and reduce the offering in others as it reeled […]


News & Trends

REI pushes on climate neutrality, doubles used gear sales in 2020

April 14, 2021

Via: Retail Dive

Despite the blow dealt to virtually all retailers by the pandemic — REI in particular laid off 5% of its retail staff in July last year — the company ended the year in a relatively solid position, and without losing […]


FMCG products, Retail Types

Walmart will test grocery deliveries to a smart cooler on customers’ doorstep

January 12, 2021

Via: CNBC

Walmart already drops off groceries to customers’ doors and in some cities, it puts them directly inside of their refrigerator. The company said Tuesday that it will soon test another convenient approach: deliveries to a smart cooler on customers’ front […]


News & Trends

A Leading Online Retailer Assessed Customer Preferences with the Help of a Consumer Survey Carried out by Infiniti

September 11, 2017

Via: Business Wire

LONDON–(BUSINESS WIRE)–A leading online retailer wanted to understand their customer’s preferences and make changes in their retailing processes. Due to the recent increase in the number of competitors, the client was experiencing a dip in their sales performance. Infiniti helped […]


News & Trends

Best Buy Beats Amazon

August 29, 2017

Via: Forbes Markets

Traditional electronics and technology products retailer Best Buy beats online retailer Amazon in the last twelve months. On Wall Street that is. Best Buy shares have gained 58.56% in the past twelve months compared to 22.45% of Amazon. That should […]


Customer Experience, Loyalty Programs, Retail Types, Stores

Discount retailer outperforms in Q2

August 28, 2017

Via: Chain Store Age

Big Lots topped Street estimates in its second quarter as shoppers continue to seek out bargains. Net income rose 28.2 % to $29.1 million, or $0.67 per diluted share, in the quarter ended July 29, 2017, from adjusted income of […]


Retail Types, Stores

Online jeweler continues offline expansion

May 31, 2016

Via: Chain Store Age

Blue Nile is expanding its fledgling store portfolio. The online jewelry retailer has opened its second physical location, at The Westchester mall in White Plains, New York. Blue Nile opened its first store in June 2015, at Roosevelt Field mall […]


Retail Types, Stores

Another retailer to explore strategic alternatives

May 4, 2016

Via: Retailing Today

Build-A-Bear Workshop on Tuesday said it has hired financial and legal advisers to help it explore strategic alternatives. The news came the day after General Nutrition Corp. (GNC) said it was doing the same. “The disciplined execution of our strategy […]


Others, Tech

Specialty retailer looks to bring digital customer experience to in-store shoppers

April 26, 2016

Via: Retailing Today

Barneys New York is employing technology to give shoppers at its new flagship in downtown Manhattan flagship even more personalized attention — and an experience that combines the best of physical and digital retail. The luxury fashion retailer is utilizing […]


Customer Engagement, Customer Experience

Five things multichannel retailers should do for customers

April 20, 2016

Via: Chain Store Age

While high bounce and exit rates can be frustrating to online retailers, nothing irks them more than seeing a high percentage of abandoned carts. You were “this close” to making the sale. But somewhere along the sales journey, the shopper […]


Customer Engagement, Customer Experience

How To Drive Retail Sales When Consumer Spending Is Stuck In Neutral

April 11, 2016

Via: The Retail Doctor Blog

I was interviewed by AP this past week about how consumer spending is stuck in neutral at just 0.1 percent and how retail stores of all sizes are feeling the pain. I said that the act of buying is a […]


Retail Types, Stores

Duluth Trading expanding its store base

April 11, 2016

Via: Retailing Today

Brand awareness and sales growth are accelerating at Duluth Holdings where the company’s rapidly expanding store base is so young it won’t be able to report same-store sale growth until 2017. Belleville, Wisconsin-based Duluth Holdings, known to customers as Duluth […]


Customer Experience, Point of Purchase

Fossil brings stores to the modern age

April 6, 2016

Via: Chain Store Age

Whether customers at its stores are looking for convenient digital payment or easy access to product and price information, vertical specialty retailer Fossil Group Inc. is uncovering new mobile-enabled store services. Richardson, Texas-based Fossil has selected in-store technology from Aptos […]