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Retailers Need to Enhance Omnichannel Consumer Experience to Benefit

According to the National Retail Federation, almost 200 million consumers were shopping over Thanksgiving weekend. The NRF reports that “the total number of shoppers grew by nearly 17 million from 2021 and is the highest figure since NRF first started tracking this data in 2017”, this growth being in large part to the record-breaking […]

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Retail
Retailers Need to Enhance Omnichannel Consumer Experience to Benefit

According to the National Retail Federation, almost 200 million consumers were shopping over Thanksgiving weekend. The NRF reports that “the total number of shoppers grew by nearly 17 million from 2021 and is the highest figure since NRF first started tracking this data in 2017”, this growth being in large part to the record-breaking […]

Read More
Retail
Will the Thanksgiving Holiday Weekend Revenue Continue Through the Rest of the Holiday Season?

This year, retailers kicked off the holiday season early with deals beginning prior to Thanksgiving weekend. The encouragement from retailer sales to have consumers begin their holiday shopping early, has made some impact with this year breaking record revenue over the Thanksgiving holiday weekend. The Black Friday and Cyber Monday sales prove positive in predicting […]

Read More
Retail
Low Consumer Confidence Leads to Record Black Friday Sales? What Gives?

For some, record sales this last Black Friday may come as a bit of a shock. According to Commercial Observer, in the lead up to Black Friday, “consumers are feeling much more hesitant, and the retail landscape is looking trickier” thanks to inflation impacting consumer confidence. How much is consumer confidence actually impacting discretionary […]

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Retail
Point of Scale: Monday Monolog

Happy Monday everyone! Last week was a crazy week in retail where a lot of typically big news got missed and/or glossed over with the midterm elections dominating most newsfeeds. Two big stories that really stuck out to me: The NRF released its annual Holiday Spending Forecast and the implications of Amazon’s historic dip in […]

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Retail
Adidas Cuts Ties With Ye, Absorbing €250 Million Profit Hit

(Bloomberg) — Adidas AG will absorb a hit to earnings of up to €250 million ($247 million) this year to end its partnership with Ye following a rash of offensive behavior from the rapper and designer. The German sports company said it’s cutting ties with Ye, formerly Kanye West, with immediate effect, confirming an earlier […]

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Retail
Behind WorkJam’s Mission to Improve Retention and Training in Retail

Steve Kramer, CEO at WorkJam, is a twenty-year veteran in e-commerce. His specialty is finding the gaps in how organizations manage their frontlines. He founded WorkJam in 2014 as a digital frontline workplace to solve retail industry issues. “Our platform essentially helps retailers and companies and other industries, such as healthcare, manufacturing, and distribution, […]

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US Inflation Expectations Extend Retreat, Buoy Consumers’ Mood
January 30, 2023

(Bloomberg) — US short- and long-term inflation expectations improved at the end of January, helping to once again boost consumer sentiment. Respondents said they expect prices to advance 3.9% over the next year, the lowest since April 2021, the University of Michigan’s final survey reading showed Friday. The sentiment index climbed to 64.9 from earlier […]

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How Companies Can Benefit from Working with Volta Insight
January 30, 2023

Driving Technology Solutions for a more sustainable future doesn’t happen in a bubble. Commercial HVAC Service providers like Service Logic rely on close relationships to improve what they do and vice versa. One partnership Service Logic values is the one they have with Volta Energy.  Volta Knowledge host Tyler Kern wanted to learn more […]

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Here Come the Little Electric Pickup Trucks
January 29, 2023

(Bloomberg) —Having zipped from six-figure sedans to Costco-crushing SUVs, electrification is finally zeroing in on the auto industry’s most esoteric form: the tiny pickup truck. At least two major carmakers are considering adding small, battery-powered pickups to their growing parade of EVs.At General Motors Co., spokesman Stuart Fowle says a pint-sized pickup is one of several […]

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Retailers Need to Enhance Omnichannel Consumer Experience to Benefit
December 9, 2022

According to the National Retail Federation, almost 200 million consumers were shopping over Thanksgiving weekend. The NRF reports that “the total number of shoppers grew by nearly 17 million from 2021 and is the highest figure since NRF first started tracking this data in 2017”, this growth being in large part to the record-breaking […]

Read More
Will the Thanksgiving Holiday Weekend Revenue Continue Through the Rest of the Holiday Season?
December 7, 2022

This year, retailers kicked off the holiday season early with deals beginning prior to Thanksgiving weekend. The encouragement from retailer sales to have consumers begin their holiday shopping early, has made some impact with this year breaking record revenue over the Thanksgiving holiday weekend. The Black Friday and Cyber Monday sales prove positive in predicting […]

Read More
Low Consumer Confidence Leads to Record Black Friday Sales? What Gives?
November 28, 2022

For some, record sales this last Black Friday may come as a bit of a shock. According to Commercial Observer, in the lead up to Black Friday, “consumers are feeling much more hesitant, and the retail landscape is looking trickier” thanks to inflation impacting consumer confidence. How much is consumer confidence actually impacting discretionary […]

Read More
Point of Scale: Monday Monolog
November 14, 2022

Happy Monday everyone! Last week was a crazy week in retail where a lot of typically big news got missed and/or glossed over with the midterm elections dominating most newsfeeds. Two big stories that really stuck out to me: The NRF released its annual Holiday Spending Forecast and the implications of Amazon’s historic dip in […]

Read More
Adidas Cuts Ties With Ye, Absorbing €250 Million Profit Hit
November 4, 2022

(Bloomberg) — Adidas AG will absorb a hit to earnings of up to €250 million ($247 million) this year to end its partnership with Ye following a rash of offensive behavior from the rapper and designer. The German sports company said it’s cutting ties with Ye, formerly Kanye West, with immediate effect, confirming an earlier […]

Read More
Behind WorkJam’s Mission to Improve Retention and Training in Retail
September 27, 2022

Steve Kramer, CEO at WorkJam, is a twenty-year veteran in e-commerce. His specialty is finding the gaps in how organizations manage their frontlines. He founded WorkJam in 2014 as a digital frontline workplace to solve retail industry issues. “Our platform essentially helps retailers and companies and other industries, such as healthcare, manufacturing, and distribution, […]

Read More
Walmart & Target Release 2nd Quarter Earnings Reports
September 6, 2022

Walmart & Target Release 2nd Quarter Earnings Reports – Data Provides Insight into the Future of Retail The state of the economy is a topic of daily conversation in the latter half of 2022. Is the U.S. in a recession? Is the U.S. heading towards a recession? Is the housing market finally going to burst […]

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Platform Unification Is More Important Than Ever for Retailers
August 23, 2022

Successful retail requires flexibility. Recently, omnichannel was groundbreaking, but Retail Dive now reports it as a consumer baseline expectation. Let’s say a consumer is shopping on their mobile device. They transfer to their laptop to complete the transaction only to find an empty cart. These disconnections create enough friction for shoppers to jump and abandon […]

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How Buy Now Pay Later is Impacting the Store Experience
August 2, 2022

The popularity of BNPL (buy now, pay later) has grown tremendously over the past decade. The attraction of breaking purchasing payments up over weeks without interest or late fees is undeniable. In fact, “BNPL spending in the US is up 230% since 2020, per a September report by Accenture… [and] it’s estimated to total ~$226 billion this year, […]

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