INDUSTRY INSIGHTS YOUR PEERS ARE READING
Discounts and promotions are at an all-time high, often comprising the single-biggest cost within many retailers’ P&Ls. The good news is that many large retail organizations already have the tools and data they need to craft more effective promotions. John Rizzo/Getty Images. MORE
We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Women On Business Sponsors MORE
We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Reader Submission point-of-sale system pos MORE
Despite the doom-and-gloom reports that retail is facing the end of days, the dollar store concept has been a smashing success. In fact, dollar stores seem to be successful doing the exact opposite of what other major American retailers are doing. MORE
That’s just one of the comments made by a parent whose daughter works in one of the ‘worst retailers’ as voted by over 14,000 consumers in a recent Which? ’ A conclusion not shared by us here, as we shall see… Retail has Sunrise and Sunset industries too! MORE
Virtual reality (VR), along with its sister technology augmented reality (AR), offers retailers the opportunity to transform how people shop. The successful incorporation of VR and AR into retail models also has the potential to vastly change the way retailers are thinking about stores of the future. Retailers looking to develop a virtual commerce strategy should consider breaking it down along the following dimensions. Your camping trip is coming up. MORE
Walmart: Key Insights and Practical Lessons from the World’s Largest Retailer Natalie Berg & Bryan Roberts KoganPage (2012) How and why Walmart International continues to be “the best positioned retailer in the world” As this book’s subtitle suggests, Natalie Berg and Bryan Roberts share “key insights and practical lessons from the world’s largest retailer.” MORE
That’s just one of the comments made by a parent whose daughter works in one of the ‘worst retailers’ as voted by over 14,000 consumers in a recent Which? ’ A conclusion not shared by us here, as we shall see… Retail has Sunrise and Sunset industries too! MORE
StrategyDriven effective executives, efficient employees Home About The StrategyDriven Organization Our Company Our Contributors Karen K. Juliano Howard T. Dickens Jr. Lucas D. Ives Sharon Drew Morgen Hank Moore Jamie P. MORE
They recently announced their purchase of the online arm of decor and textile retailer, The Company Store. I hope you're sitting down because Home Depot is upping its home decor game in a major way. MORE
So, the news continues to look pretty dismal for the big box, physical, brick-and-mortar retailers. In the last few days, we learned just how deep the problem goes. Here are some headlines, from Business Insider: A Scary Reality About Wal-Mart’s Customers: They’re Broke The Era Of Giant Chain Stores Is Over — And They’ve Ruined [.]. Randy's blog entries MORE
Retail profits are plummeting. Sure enough, the Census Bureau just released data showing that online retail sales surged 15.2 But before you dump all of your retail stocks, there are more facts you should consider. percent of retail sales in the first quarter of 2016. MORE
If you are a retail manager or store owner, then you’re probably already aware of the difficulties in managing staff. Retail managers get put under a lot of pressure, and the job isn’t for everyone. You just finished reading Tips For Managing Retail Staff Effectively ! MORE
One of the biggest questions faced by brick-and-mortar retailers today is whether prices should be the same online and in stores. Gaining clarity on this issue is critical for traditional retailers to successfully compete in both environments. Brick-and-mortar retailers have been struggling with pricing since Amazon’s inception, 23 years ago, so why is it so important to resolve this issue now? Well, the news for retailers keeps getting worse. MORE
Marketing free samples retail marketing We''ve Moved! Update your Reader Now. This feed has moved to: [link] If you haven''t already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. MORE
I teach a course on retail supply-chain management that includes several classes on store execution. Sometimes I do this exercise when retail executives are visiting the class to support a case we're discussing about his or her company. A Mega-Problem for Retailers. Losing immediate sales when customers can't accomplish their shopping missions because of the problems listed above is a huge issue for retailers. Why is this happening and how can retailers fix it? MORE
Coaching Corner Emotionally Intelligent Leadership Future Leadership Issues Leadership Lessons Learned Leading & Developing Other Leaders everyday professional leadership Leading the future Professionalism retail leadershipA really good buddy of mine got me thinking about something he said one day: “Be a professional, this is the key to being a great person and great success.” […]. The post On Leadership, Appearance and Being Professional appeared first on Linked 2 Leadership. MORE
Across the retail landscape, a war is going on, and the battles are being fought on multiple fronts: business models, channels, brands, customers, technologies, and more. Postal services are becoming fulfilment platforms, taxis are delivering parcels and food, recipe box companies are eating the lunch of restaurants and grocery retailers, and so on. This is having a knock-on effect on traditional retail brands that are struggling to compete in the new world order. MORE
The retail industry has been disrupted in practically every way imaginable. It’s about time that retailers also rethink their approach to the holiday shopping season. Customers don’t want retailers to dictate their shopping schedule. More and more shoppers across the retail spectrum are only frustrated by deals restricted to a certain timeframe (such as on Black Friday) or buying mode (such as in-store specials only). MORE
So how can a low-wage retailer increase productivity? But it’s a different story for retailers and fast-food companies — the largest low-wage employers. So far, the technology we hear most about in retail is self-checkout. MORE
The news is part of a larger trend of closings that some are calling the retail apocalypse. The rise of e-commerce, combined with a shift in consumer preference toward dining out over shopping and with years of overbuilding , has made for distinctly unattractive economics in traditional retail. Amazon has made a big push into physical retail, capped off by its $13.7 None of these ideas are necessarily bad, but they fail to address the shifting economics of retail. MORE
We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Reader Submission mobile payments MORE
Increasingly, the largest retailers in markets across the country are employing sophisticated personalized marketing and thereby becoming the primary shopping destination for a growing number of consumers. Retail has entered the era of Big Data. MORE
Design by 12GrainStudio Team Building & Leadership Process for a Retail Operation; New Product Launch Saturday, November 27th, 2010 Posted by: mike Team Building & Leadership process that was created for a retail organization that was preparing for a new product launch. MORE
If you own a retail business and you aren’t satisfied with just being part of the bunch, then you’re probably looking for some tips to go about out-selling the competition and really carving your mark in the industry. Entrepreneurship entreprenuership retail store strategydriven MORE
Are you thinking of starting a career in retail? Many people find that working in retail is rewarding and there are many opportunities out there. The retail industry has a lot to offer someone that is willing to work hard and keep their nose to the grindstone. MORE
Reader Submission ecommerce omnichannel retail marketingWe've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. MORE
But there’s a surprising insight in the data released by the National Retail Federation : 36% of shoppers reported that all of their purchases were on sale; 11% made that claim in 2015. Analysts attribute this more than 300% increase to widespread discounting by retailers. unemployment rate , applications for unemployment at a 43-year low , median income on the rise ), why are retailers choosing to battle it out on price? MORE
Traditional brick-and-mortar retail stores have many disadvantages when competing against online counterparts. New technology promises to allow retailers to beat online players at their own game, transforming the customer experience and dramatically improving their positioning. MORE
Books Leadership Learning Hobby Lobby retail values By David Green David Green started with $600 and created Hobby Lobby – the large chain of home and craft stores. MORE
Infographics ecommerce m-commerce mobile commerce mobile retail mobile shopping retail trends We''ve Moved! Update your Reader Now. This feed has moved to: [link] If you haven''t already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. MORE
Traditional retailers are feeling the heat. Even as competition intensifies , shoppers’ visits to retail stores are declining every year, leading one industry veteran to ominously ask his peers , “Is anyone not seeing large traffic declines?” ” Online retail, on the other hand, is thriving. Retail sales through digital channels (including mobile sales) increased by a massive 23% in 2015. Much of these gains have gone to online retailers. MORE
Launching a company in the retail industry is harder today than ever before. So, all new retailers need to launch a website too. Nobody wants to fail at retail because you often have to invest a lot of money to get the operation off the ground. MORE
China’s two retailing powerhouses, online commerce pioneer Alibaba and social media-gaming pioneer Tencent, have systematically established a duopoly of record proportions in record time. Tencent took a different path to becoming China’s other retail leader. MORE
Penney in November 2011 with a mandate to turn the ailing retailer around, all eyes were on him. He had an amazing legacy: Senior VP of Retail Operations at Apple pioneering the concept of the Apple Retail stores and the Genius Bar. Consumer goods Execution Retail MORE
When Naomi Simson founded RedBalloon, an online gift retailer that sells personal experiences, she was pioneering the category in Australia. Fast forward to 2016, and almost all of RedBalloon’s brand advertising was invested in traditional media outlets like radio, print, billboards, and pop-up retail stores. Marketing Data Technology Retail & Consumer Goods Digital ArticleYuichiro Chino/Getty Images. MORE
You just finished reading How To Attract Customers And Boost Retail Sales ! The post How To Attract Customers And Boost Retail Sales appeared first on StrategyDriven. Marketing & Sales business management marketing and sales retail strategydriven MORE
When I think about John Henry I am reminded of an incident at a large, well-known home improvement retailer. Leadership Development customer service Leadership Management RetailOne of the first songs I heard my grandfather sing was the fable of John Henry. MORE
After the 2008 Black Friday tragedy, OSHA released an annual set of “Crowd Management Safety Guidelines” for retailers to follow. This contains safety guidelines for retail stores to prevent worker injuries and deaths. During the bustling holiday season, retail employees should not be put at risk of injury or death. The HR Digest urges retailers to take the time to adopt OSHA’s crowd control safety guidelines to prevent unnecessary trauma to retail workers. MORE
Welcome to my weekly round-up of the best-of-the-best recent leadership and communication blog posts. MORE
The Retail Theory of Relativity. RSS Feed Schedule a Call Free E-Book Assessment Test Coffee Schedule Coaching Lunch About Us CO2 Story Our Approach Our Successes Our Executive Coaches Gary B. MORE
This holiday season, many retailers are pondering a similar question: "Do we really have to give away so much margin?". The resulting "have and have not" economy is shaping each retailer's pricing strategy. Walmart, for instance, is concerned about its customers' finances, while high-end retailer Saks Fifth Avenue is selling luxury items at full-price and recently reported a 5.8% As a result, retailers are expecting a good holiday season. Economy Recession Retail MORE
The retail industry is the practice of selling goods to the public for their direct use, not for resale. Many people dream of starting their own business in retail. Starting a successful retail business can be challenging, but like other challenges, it can also be very rewarding. MORE
The Retail Theory of Relativity. RSS Feed Schedule a Call Free E-Book Assessment Test Coffee Schedule Coaching Lunch About Us CO2 Story Our Approach Our Successes Our Executive Coaches Gary B. MORE
Retail Related Topics Women on Business
NOVEMBER 28, 2018
We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Women On Business Sponsors
Strategy Driven
NOVEMBER 13, 2017
The retail industry is the practice of selling goods to the public for their direct use, not for resale. Many people dream of starting their own business in retail. Starting a successful retail business can be challenging, but like other challenges, it can also be very rewarding.
Strategy Driven
MARCH 23, 2018
If you are a retail manager or store owner, then you’re probably already aware of the difficulties in managing staff. Retail managers get put under a lot of pressure, and the job isn’t for everyone. You just finished reading Tips For Managing Retail Staff Effectively !
Strategy Driven
NOVEMBER 14, 2017
Are you thinking of starting a career in retail? Many people find that working in retail is rewarding and there are many opportunities out there. The retail industry has a lot to offer someone that is willing to work hard and keep their nose to the grindstone.
Jesse Lyn Stoner Blog
JANUARY 6, 2018
They recently announced their purchase of the online arm of decor and textile retailer, The Company Store. I hope you're sitting down because Home Depot is upping its home decor game in a major way.
Strategy Driven
FEBRUARY 6, 2018
You just finished reading How To Attract Customers And Boost Retail Sales ! The post How To Attract Customers And Boost Retail Sales appeared first on StrategyDriven. Marketing & Sales business management marketing and sales retail strategydriven
Strategy Driven
SEPTEMBER 12, 2017
If you own a retail business and you aren’t satisfied with just being part of the bunch, then you’re probably looking for some tips to go about out-selling the competition and really carving your mark in the industry. Entrepreneurship entreprenuership retail store strategydriven
HR Digest
NOVEMBER 23, 2018
After the 2008 Black Friday tragedy, OSHA released an annual set of “Crowd Management Safety Guidelines” for retailers to follow. This contains safety guidelines for retail stores to prevent worker injuries and deaths. During the bustling holiday season, retail employees should not be put at risk of injury or death. The HR Digest urges retailers to take the time to adopt OSHA’s crowd control safety guidelines to prevent unnecessary trauma to retail workers.
Strategy Driven
MAY 4, 2017
Launching a company in the retail industry is harder today than ever before. So, all new retailers need to launch a website too. Nobody wants to fail at retail because you often have to invest a lot of money to get the operation off the ground.
Women on Business
JUNE 30, 2017
We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Reader Submission point-of-sale system pos
Execupundit
DECEMBER 22, 2017
Despite the doom-and-gloom reports that retail is facing the end of days, the dollar store concept has been a smashing success. In fact, dollar stores seem to be successful doing the exact opposite of what other major American retailers are doing.
Talent Technologies
MAY 28, 2010
That’s just one of the comments made by a parent whose daughter works in one of the ‘worst retailers’ as voted by over 14,000 consumers in a recent Which? ’ A conclusion not shared by us here, as we shall see… Retail has Sunrise and Sunset industries too!
Talent Technologies
MAY 28, 2010
That’s just one of the comments made by a parent whose daughter works in one of the ‘worst retailers’ as voted by over 14,000 consumers in a recent Which? ’ A conclusion not shared by us here, as we shall see… Retail has Sunrise and Sunset industries too!
Women on Business
MARCH 31, 2016
We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Reader Submission mobile payments
leaderCommunicator
NOVEMBER 16, 2018
Welcome to my weekly round-up of the best-of-the-best recent leadership and communication blog posts.
CO2
OCTOBER 29, 2010
The Retail Theory of Relativity. RSS Feed Schedule a Call Free E-Book Assessment Test Coffee Schedule Coaching Lunch About Us CO2 Story Our Approach Our Successes Our Executive Coaches Gary B.
Harvard Business Review
NOVEMBER 16, 2018
Discounts and promotions are at an all-time high, often comprising the single-biggest cost within many retailers’ P&Ls. The good news is that many large retail organizations already have the tools and data they need to craft more effective promotions. John Rizzo/Getty Images.
CO2
OCTOBER 29, 2010
The Retail Theory of Relativity. RSS Feed Schedule a Call Free E-Book Assessment Test Coffee Schedule Coaching Lunch About Us CO2 Story Our Approach Our Successes Our Executive Coaches Gary B.
Strategy Driven
OCTOBER 30, 2010
StrategyDriven effective executives, efficient employees Home About The StrategyDriven Organization Our Company Our Contributors Karen K. Juliano Howard T. Dickens Jr. Lucas D. Ives Sharon Drew Morgen Hank Moore Jamie P.
First Friday Book Synopsis
FEBRUARY 19, 2013
So, the news continues to look pretty dismal for the big box, physical, brick-and-mortar retailers. In the last few days, we learned just how deep the problem goes. Here are some headlines, from Business Insider: A Scary Reality About Wal-Mart’s Customers: They’re Broke The Era Of Giant Chain Stores Is Over — And They’ve Ruined [.]. Randy's blog entries
Create Learning
NOVEMBER 27, 2010
Design by 12GrainStudio Team Building & Leadership Process for a Retail Operation; New Product Launch Saturday, November 27th, 2010 Posted by: mike Team Building & Leadership process that was created for a retail organization that was preparing for a new product launch.
Harvard Business Review
JANUARY 6, 2012
I teach a course on retail supply-chain management that includes several classes on store execution. Sometimes I do this exercise when retail executives are visiting the class to support a case we're discussing about his or her company. A Mega-Problem for Retailers. Losing immediate sales when customers can't accomplish their shopping missions because of the problems listed above is a huge issue for retailers. Why is this happening and how can retailers fix it?
Harvard Business Review
MAY 30, 2016
Retail profits are plummeting. Sure enough, the Census Bureau just released data showing that online retail sales surged 15.2 But before you dump all of your retail stocks, there are more facts you should consider. percent of retail sales in the first quarter of 2016.
Women on Business
JULY 30, 2017
Reader Submission ecommerce omnichannel retail marketingWe've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link].
Linked 2 Leadership
JULY 6, 2015
Coaching Corner Emotionally Intelligent Leadership Future Leadership Issues Leadership Lessons Learned Leading & Developing Other Leaders everyday professional leadership Leading the future Professionalism retail leadershipA really good buddy of mine got me thinking about something he said one day: “Be a professional, this is the key to being a great person and great success.” […]. The post On Leadership, Appearance and Being Professional appeared first on Linked 2 Leadership.
Kevin Eikenberry
MARCH 2, 2014
Books Leadership Learning Hobby Lobby retail values By David Green David Green started with $600 and created Hobby Lobby – the large chain of home and craft stores.
Lead Change Blog
OCTOBER 16, 2015
When I think about John Henry I am reminded of an incident at a large, well-known home improvement retailer. Leadership Development customer service Leadership Management RetailOne of the first songs I heard my grandfather sing was the fable of John Henry.
Harvard Business Review
SEPTEMBER 9, 2016
Virtual reality (VR), along with its sister technology augmented reality (AR), offers retailers the opportunity to transform how people shop. The successful incorporation of VR and AR into retail models also has the potential to vastly change the way retailers are thinking about stores of the future. Retailers looking to develop a virtual commerce strategy should consider breaking it down along the following dimensions. Your camping trip is coming up.
Harvard Business Review
JANUARY 3, 2017
Traditional retailers are feeling the heat. Even as competition intensifies , shoppers’ visits to retail stores are declining every year, leading one industry veteran to ominously ask his peers , “Is anyone not seeing large traffic declines?” ” Online retail, on the other hand, is thriving. Retail sales through digital channels (including mobile sales) increased by a massive 23% in 2015. Much of these gains have gone to online retailers.
Harvard Business Review
MARCH 27, 2013
Penney in November 2011 with a mandate to turn the ailing retailer around, all eyes were on him. He had an amazing legacy: Senior VP of Retail Operations at Apple pioneering the concept of the Apple Retail stores and the Genius Bar. Consumer goods Execution Retail
Harvard Business Review
OCTOBER 9, 2017
The retail industry has been disrupted in practically every way imaginable. It’s about time that retailers also rethink their approach to the holiday shopping season. Customers don’t want retailers to dictate their shopping schedule. More and more shoppers across the retail spectrum are only frustrated by deals restricted to a certain timeframe (such as on Black Friday) or buying mode (such as in-store specials only).
Harvard Business Review
JANUARY 26, 2017
One of the biggest questions faced by brick-and-mortar retailers today is whether prices should be the same online and in stores. Gaining clarity on this issue is critical for traditional retailers to successfully compete in both environments. Brick-and-mortar retailers have been struggling with pricing since Amazon’s inception, 23 years ago, so why is it so important to resolve this issue now? Well, the news for retailers keeps getting worse.
Harvard Business Review
AUGUST 23, 2016
So how can a low-wage retailer increase productivity? But it’s a different story for retailers and fast-food companies — the largest low-wage employers. So far, the technology we hear most about in retail is self-checkout.
Harvard Business Review
SEPTEMBER 20, 2017
The news is part of a larger trend of closings that some are calling the retail apocalypse. The rise of e-commerce, combined with a shift in consumer preference toward dining out over shopping and with years of overbuilding , has made for distinctly unattractive economics in traditional retail. Amazon has made a big push into physical retail, capped off by its $13.7 None of these ideas are necessarily bad, but they fail to address the shifting economics of retail.
Women on Business
JULY 31, 2014
Marketing free samples retail marketing We''ve Moved! Update your Reader Now. This feed has moved to: [link] If you haven''t already done so, update your reader now with this changed subscription address to get your latest updates from us. link].
First Friday Book Synopsis
MAY 5, 2012
Walmart: Key Insights and Practical Lessons from the World’s Largest Retailer Natalie Berg & Bryan Roberts KoganPage (2012) How and why Walmart International continues to be “the best positioned retailer in the world” As this book’s subtitle suggests, Natalie Berg and Bryan Roberts share “key insights and practical lessons from the world’s largest retailer.”
Harvard Business Review
NOVEMBER 29, 2016
But there’s a surprising insight in the data released by the National Retail Federation : 36% of shoppers reported that all of their purchases were on sale; 11% made that claim in 2015. Analysts attribute this more than 300% increase to widespread discounting by retailers. unemployment rate , applications for unemployment at a 43-year low , median income on the rise ), why are retailers choosing to battle it out on price?
Harvard Business Review
AUGUST 13, 2018
China’s two retailing powerhouses, online commerce pioneer Alibaba and social media-gaming pioneer Tencent, have systematically established a duopoly of record proportions in record time. Tencent took a different path to becoming China’s other retail leader.
Harvard Business Review
NOVEMBER 15, 2016
Across the retail landscape, a war is going on, and the battles are being fought on multiple fronts: business models, channels, brands, customers, technologies, and more. Postal services are becoming fulfilment platforms, taxis are delivering parcels and food, recipe box companies are eating the lunch of restaurants and grocery retailers, and so on. This is having a knock-on effect on traditional retail brands that are struggling to compete in the new world order.
Harvard Business Review
SEPTEMBER 18, 2012
Increasingly, the largest retailers in markets across the country are employing sophisticated personalized marketing and thereby becoming the primary shopping destination for a growing number of consumers. Retail has entered the era of Big Data.
Harvard Business Review
NOVEMBER 13, 2015
Traditional brick-and-mortar retail stores have many disadvantages when competing against online counterparts. New technology promises to allow retailers to beat online players at their own game, transforming the customer experience and dramatically improving their positioning.
Harvard Business Review
NOVEMBER 22, 2011
This holiday season, many retailers are pondering a similar question: "Do we really have to give away so much margin?". The resulting "have and have not" economy is shaping each retailer's pricing strategy. Walmart, for instance, is concerned about its customers' finances, while high-end retailer Saks Fifth Avenue is selling luxury items at full-price and recently reported a 5.8% As a result, retailers are expecting a good holiday season. Economy Recession Retail
Harvard Business Review
MAY 28, 2018
When Naomi Simson founded RedBalloon, an online gift retailer that sells personal experiences, she was pioneering the category in Australia. Fast forward to 2016, and almost all of RedBalloon’s brand advertising was invested in traditional media outlets like radio, print, billboards, and pop-up retail stores. Marketing Data Technology Retail & Consumer Goods Digital ArticleYuichiro Chino/Getty Images.
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