Digital Innovation

Why Digital Transformation in the Retail Sector is More Important Now Than Ever
May 4, 2020 at 6:36 pm

The world is in the chokehold of the COVID-19 pandemic. Governments are trying to contain the virus transmission at various levels by implementing measures like widespread testing, contact tracing, mandated isolation and social distancing. While this pandemic has put a break on business activities, it has given a mandate to retail businesses to accelerate the…

Breaking the Rules: How Brave Brands Are Adapting in a Time of Crisis
April 23, 2020 at 6:46 pm

What does it take for a retail brand to survive during a global pandemic that's disrupting supply chains and manufacturing capabilities, changing consumer behavior, and impacting employee productivity? In the age of COVID-19 it takes brave brands that are willing to strategically break the rules and conventions of the industry, experiment with new ideas, play…

COVID-19: Retail Innovation Gets Crucial for Survival
April 15, 2020 at 9:41 pm

In the coronavirus vs. retail fight, the score so far is one to zero. Many retailers, like Macy’s and Gap, have been forced to close their stores, put tons of thousands of employees on leave, and cut their budgets to survive. These actions are just like how our bodies restrict blood flow to limbs in…

How Retailers Can Maintain Strong Customer Experience Amid Uncertainty
April 13, 2020 at 7:19 pm

Retail sales finished strong in 2019, registering a 3.4 percent increase over 2018. Until recently, experts were predicting a robust performance in 2020 as well, with projections of 3.5 percent growth or more. However, the COVID-19 pandemic has caused many retailers to close their doors in response to calls from public officials for people to…

4 Strategies for Brands to Grow With Less Real-Life Interaction
April 7, 2020 at 11:36 am

In almost all product categories, consumers are making fewer trips to brick-and-mortar stores. When consumers see brands and products on shelves, they can touch, feel and learn about them, and awareness and buying increase. As that real-life exposure decreases, brands feel the pain of lost sales. In fact, when a store closes, only a small…

Stella & Dot CEO Jessica Herrin on Managing During the COVID-19 Crisis
April 6, 2020 at 1:37 pm

In episode 241 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jessica Herrin, CEO and founder of Stella & Dot, a family of brands of fashion, accessories and skincare. Listen in as Herrin discusses managing during the COVID-19 crisis, how Stella & Dot is adjusting to this new normal, and how she is motivating her…

Uncovering the Factors Changing the Face of Retail, Part 1
April 3, 2020 at 12:25 pm

The retail industry is changing, fast. Over the past decade, we've seen this sector move to a primarily online function and innovate to meet the needs of an ever-shifting assortment of consumers. In fact, 2019 showed great progress for e-commerce to close the gap in total market share of sales compared to brick-and-mortar retail. Furthermore,…

3 ‘C’s’ to Set Your Foundation for Success
January 24, 2020 at 12:24 pm

A recent Salesforce.com report, Customer Expectations Hit All-Time Highs, uncovers how “Modern customers have much higher expectations, such as proactive services, personalized interactions, and connected experiences across channels.” This message is resonating across all retailers, from big-box stores to mom-and-pop shops, as online commerce solutions become more sophisticated in delivering these personalized interactions and optimizing…

2020 NRF Big Show Recap: Highlights and Trends
January 17, 2020 at 11:32 am

In this week’s Retail Right Now, Total Retail's Kristina Stidham and Ashley Chiaradio discuss the top trends to emerge from the 2020 National Retail Federation Big Show in New York City. Here are three trends we heard frequently over the three-day event: the need for retailers to implement diversity and inclusion initiatives; an increased focus…