Digital Innovation
Neiman Marcus Chief Financial Officer Donald T. Grimes resigned from the Dallas-based luxury retailer effective today, and has joined Sally Beauty Holdings as the retail and wholesale beauty company's senior vice president, chief financial officer and chief operations officer, effective Dec. 12. Grimes joined Neiman Marcus in June 2015, where he was also executive vice presidentโฆ
Retail is currently facing one of the greatest opportunities and challenges in its history: the shift to digital channels. Across the entire retail landscape, online sales continue to increase while store-based retail sales stall or decline. In fact, according to a survey done by UPS, consumers made more purchases online than in stores in 2015โฆ
Fifty-five percent of consumers start product searches by price checking on Amazon.com, according to a recent BloomReach survey. Fifty-five percent. This means the majority of shoppers are using price as the initial barometer for potential purchases, rather than a final deciding factor. As e-commerce has developed, itโs brought the convenience of online, on-demand comparison shopping. Large companiesโฆ
Wal-Mart is shaking things up a bit. The big-box retailer announced changes to its e-commerce leadership as Marc Lore, founder of Jet.com, takes on new responsibilities in the wake of the $3.3 billion merger of the two companies. As a result, several e-commerce executives are leaving Wal-Mart, including Fernando Madeira, head of Walmart.com, and Brentโฆ
Rapid changes inโฏconsumer technologyโฏhave created a demand for equally fast changes in retail technology. Today, there's an expectation that the instant results you receive on personal devices will be replicated in face-to-face transactions. However, retailers encounter a variety of challenges when trying to compete with e-tail (even, sometimes, with their own digital channels). Enabling consumerโฆ
Retailers know that time and resources arenโt infinite in this shifting digital world, especially in marketing departments. Shoe Carnival, a โbrand focusedโ footwear retailer that sells the likes of Nike, Adidas and Anne Klein, uses content like product images, lookbooks and video to give consumers a better understanding of its products. โConsumers historically like toโฆ
The retail landscape is changing, and it all can be traced back to a phenomenon dubbed the Amazon effect. This trend, in which online retailers are cutting into the market shares of even the biggest of big-box chains, has small business owners asking one question: What do we do? Building a website and setting upโฆ
Macy's launched an Apple shop at its Herald Square store last week, becoming the first U.S. department store with a hub devoted to the brand. The shop features a range of products, including iPhones, iPads, MacBooks and the new Nike-branded Apple Watch. Staffed by Apple associates, the shop is on the main floor in the busyโฆ
Responsive web design (RWD) continues to be one of the biggest hypes for digital marketers. If you donโt already have a responsive site, chances are good youโve at least thought about making this a priority, especially if youโre in the e-commerce space. However, as is true for most trends, getting caught up in the excitementโฆ
I recently moved into a new house and was doing the requisite purging of years of accumulated stuff, including a few boxes of old work files. One of the dusty files was a project related to developing a vendor performance scorecard when I worked at Landsโ End around 20 years ago. At the time, we feltโฆ