Articles by tag: Retailers
Despite being long time competitors, big box retailers and small local businesses can both coexist in ways that benefit the other. Of course, both retail formats are different but by maintaining their core business models, the two can bank and leverage their strengths and still be open to synergistic relationships. During an episode of […]
Latest
Retail
Trending Soon: Solving Customers’ Needs and Creating Personalized Shopping Experiences is the Future of Retail
One way that brands can enhance customer loyalty and increase their sales is by leveraging the growing consumer desire for easy and personalized shopping experiences. In a recent segment of Experts Talk for a roundtable discussion on the present and future state of retail stores, Sarah Jarvis, a Retail Marketing and Loyalty Expert at […]
Articles
More Community Action is Needed to Help Prevent the Growing Amount of Organized Crime Targeting Retailers
This growing phenomenon of retailers pulling out of cities plagued by organized crime offers more than just a lesson in economics; it’s a call to collective action. With the recent departures of major retailers, like Nordstrom, in cities like San Francisco, a major shift is happening in retail. If stores are not leaving, they’re going […]
Articles
Metaverse Marketing: Influencer Avatars Open Up Retailers to a Target Generation of Consumers
The Metaverse has been growing since 2020 and is predicted to hit $800 billion by 2024. The Metaverse has always been extremely popular with the gaming industry, but there are more areas where the Metaverse has been proven to generate revenue for companies. Retailers are now expanding and using Metaverse marketing to reach younger generations […]
Software & Technology
How Vision Checkout Can Drive Higher Levels of Customer Satisfaction
The retail industry always sees a multitude of changes thanks to customer demands and needs, as well as technological advances that have improved how people shop. During the start of the COVID-19 pandemic, there was a huge shift to online shopping. But with lockdowns over in most places, there’s been another shift. Retailers routinely […]
Articles
Retailers Deep Discounts Meant a Busy Black Friday
2022 marked record years for Black Friday and Cyber Monday sales. CNN Business reports that “online Black Friday sales in the United States topped a record-breaking $9.12 billion this year.” According to Yahoo News, “Cyber Monday sales rose to $11.3 billion from a year earlier, making it the biggest U.S. online shopping day in […]
Articles
Why the Largest U.S. Retailer and Other Industry Giants Are Taking an Aggressive Stance With Suppliers
Retailers like Walmart, Costco, Target, Home Depot, and many others are negotiating prices with their suppliers in categories stretching from food and household consumables to electronics and other durables. This is not new. Recently, however, the arguments and direction of the negotiations have shifted. Tim Smith, CEO, Wiglaf Pricing gives his perspective on the […]