Articles by tag: retail
Live streaming adoption is accelerating for a host of reasons and has many applications. Retailers can take advantage of this channel to connect with consumers and sell directly to them. Talking about this emerging trend, Retail Refined host Melissa Gonzalez spoke with Kenneth Tan, Co-founder and CEO of BeLive Technology. The company offers live streaming solutions […]
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Food & Beverage
Can the CPG Industry Balance D2C Strategies with a Positive In-Store Experience?
Key Points: Food and beverage brands used the pandemic to test D2C initiatives. CPG, food, and beverage companies need to test out what will work both online and offline because more consumers are using e-commerce. C-stores and grocery stores will remain dominant channels to reach customers. Commentary: During the COVID-19 pandemic, companies in the […]
Business Services
Cannabis Companies Prepare for Potential Marijuana Banking Reform
The legal marijuana movement saw a glimmer of hope for a more scaled and structured industry in September; the U.S. House of Representatives approved an amendment to the National Defense Authorization Act that would protect banks against federal retribution if they service state-legal marijuana businesses. This amounts to the fifth time in recent memory that […]
Business Services
The Case to Make Everyone A Data Scientist
Key Points: Data is important to help track the constant shifts in consumer behavior. In order for data to be effective, companies must operationalize their insights. Data must be accessible to everyone throughout an organization. Commentary: Data and market research have become buzzwords for companies who are trying to keep pace in today’s rapidly […]
Datascan - Keeping Count Podcast
What Does An Ideal Inventory Counting Solution Look Like for Retailers Worldwide?
On this episode of Keeping Count, a podcast from the experts at Datascan, Host Tyler Kern talked with Gerry Meca, Chief Information Officer at Datascan. They talked about some of the trends in the industry and what they will look like moving forward. Meca joined Datascan as VP and Chief Information Officer in March […]
Retail
Is Walmart’s Future as a Service Provider?
Speed is king in retail, and Walmart’s new GoLocal service raises the stakes in competition with Amazon, offering businesses a white label delivery service with logistics and drivers included. Other large retailers are struggling to keep pace with Walmart’s network, considering 90% of Americans live within 10 minutes of one of their locations. But […]
Retail
The Retail Sales Dilemma and How to Solve It
Retail, maybe more than any other industry, was thrust into the acceleration of online shopping trends via COVID, now tasked with balancing a robust omnichannel sales presence and strategy. Where are retail professionals facing the biggest B2B sales conversion challenges today, and why? And how can those strategies lead to more thoughtful CRM usage, […]
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The Anticipation of Record Heat Must be the Concern of Educational Institutions and the Safety of their Student Athletes
Temperatures around the globe are continuing to set new records, and as a result, universities now face increasing challenges in ensuring the safety and performance of their student athletes. Rising mercury poses risks of heat-related illnesses and affects the athletic performance and recovery of student athletes. Educational programs on recognizing the symptoms of heat […]
Improving HVAC Systems Plays a Key Role for Meeting Building Efficiency Goals
In today’s rapidly advancing world, the role of HVAC systems for building efficiency goals has become a pivotal topic for businesses and property owners alike. With energy costs soaring, the shift towards more energy-efficient systems isn’t just a luxury—it’s a financial imperative. Building efficiency upgrades could slash global energy demand by 12% and save […]
Generative AI Remains at an IP and Privacy Crossroads
As artificial intelligence becomes increasingly integrated into our daily lives and business operations, the conversation around its ethical and legal implications grows louder. It’s clear that generative AI will continue to face legal battles; applications from oncology, to mental health services, to the classroom, are raising questions about AI’s ethics and the consequences of […]
Strategic Capital Allocation Can Help Businesses Leverage Employee Knowledge and Collaboration for Better Returns
Strategic capital allocation, a critical aspect of business management often emphasized by investment experts like Warren Buffett, involves more than just distributing financial resources; it’s about strategic investment that drives long-term value. Firms are increasingly recognizing the need to integrate capital allocation with broader corporate strategies, ensuring that investments are not only financially sound […]
Deliveries Slow Down as Economy Reopens for Business
Deliveries saw a huge spike during the pandemic, with shoppers locked indoors and companies working harder than ever to accelerate ecommerce strategies to usher in a new era of doing business. Now, though, with reopening progressing, some of those elevated numbers are regressing to the mean — or worse. What does this mean for […]
Amazon’s Q2 Online Sales Rise 16% to $53.1 Billion
On July 29, Amazon said it saw a 16% increase in online sales to $53.1 billion in 2021. Product sales and digital media products available in both a physical and digital format, such as books, videos, games, music and software all count as online sales. Subscription revenue for the company broke $7.9 billion, up 32% […]
Are Smaller Stores and Personalized Service the Future of Fashion?
Whether you’re an integrator, a designer or simply a label-defying creative, the EXPERIENCE is everything. Host Bryan Meszaros explores the story behind the exhibit to understand how a carefully crafted experience traps into the human experience to connect people to place. Shoppers are increasingly turning to online shopping experiences, as in-store experiences are becoming […]
Top Retailers Gathered at Tango’s “Location Is Everything” Summit
Tango hosted a virtual “Location Is Everything “summit on July 20 and 21 on the way the retail and restaurant industries transformed during the pandemic. Joining Host Tyler Kern on MarketScale TV to discuss the event is Bart Waldeck, Tango’s CMO and SVP of Product Development. Tango is a leader in store lifecycle management […]
Do Exceptional Retail Experiences Actually Drive Profit?
Designed for retail leaders and lovers alike, Retail Refined explores the in-store technology of the future, challenges the industry’s preconceived notions, and brings together retail’s biggest names to understand the brand strategies that will define the next decade in retail. Customer experience is a priority for any retail space. Understanding their behaviors and identifying opportunities helps […]
Key Takeaways From the June U.S. Retail Sales Data
US Retail sales jumped .6% in June over May and 18% over June of last year. Tune in below as Stacey Widlitz, president of SW Retail Advisors, breaks down the June U.S. retail numbers and what they mean for the American economy. “I think what’s most interesting is a lot of brands are saying that’s […]
Is Virtual Reality Making a Comeback?
Whether you’re an integrator, a designer or simply a label-defying creative, the EXPERIENCE is everything. Host Bryan Meszaros explores the story behind the exhibit to understand how a carefully crafted experience traps into the human experience to connect people to place. Virtual reality (VR) can lead to amazing experiences, but not every application really […]
Will Flexible Work be a Permanent Part of the Retail Landscape?
Designed for retail leaders and lovers alike, Retail Refined explores the in-store technology of the future, challenges the industry’s preconceived notions, and brings together retail’s biggest names to understand the brand strategies that will define the next decade in retail. Flexible work schedules and work-life balance were a thing before the pandemic, but COVID-19 accelerated the […]
Emerging Trends of the New Normal Shopper
With signs pointing towards a slowing of the pandemic, the spotlight is on the emerging trends and patterns taking hold in the era of the new normal shopper. To make sense of these trends and gain better knowledge and understanding of where retail will shift and what it needs to do to capitalize on new […]
