Merchandising
April 3, 2018 at 12:05 pm
The pace of change happens faster than humans can perceive it. Category managers are quickly realizing this as traditional approaches to category optimization are not delivering competitive results. To gain a detailed understanding of this paradigm shift, we surveyed 50 U.S. retailers about their category development strategies, perceptions and future plans. The survey revealed that…
March 23, 2018 at 9:37 am
In an interview this week at Shoptalk in Las Vegas, Dan Park, CEO of BuildDirect, discusses how the home improvement online marketplace is using artificial intelligence (AI) to optimize merchandising its site, particularly pricing.
March 22, 2018 at 12:32 pm
In an interview this week at Shoptalk in Las Vegas, Brian Seewald, vice president, digital, DSW, talks about how the footwear retailer is using a data platform to help it serve up more personalized shopping experiences, including correct sizing recommendations. The result has been increased conversions and decreased product returns, along with a more engaged…
March 2, 2018 at 1:12 pm
Kohl's said Thursday it would bring discount grocer Aldi into as many as 10 of its stores later this year in a pilot test. The department store chain aims to scale down its real estate footprint and leverage space for other brands, including Aldi. It was reported in January that Kohl's was thinking about not…
March 1, 2018 at 11:53 am
Walmart said yesterday that it's raising its age restriction to 21 for firearm and ammunition purchases. In a statement published on its website yesterday, the retailer said it made the decision in light of recent events and will try to implement this change "as quickly as possible." Walmart also pointed out that in 2015 it ended sales of certain sporting rifles…
February 28, 2018 at 2:09 pm
Dick’s Sporting Goods announced Wednesday that it was immediately ending sales of all assault-style rifles in its stores. According to The New York Times, the retailer said that it would no longer sell high-capacity magazines and that it would not sell any gun to anyone under 21 years of age, regardless of local laws. Starting…
February 27, 2018 at 10:42 am
Recently, Hubba, a global B-to-B commerce network, examined the trends impacting the retail economy and released a new whitepaper, The Curated Future - why less selection, not more, will be the defining retail trend of 2018. The study explores the past, present and future state of the retail industry, as well as the tools needed to…
February 26, 2018 at 3:34 pm
Crate and Barrel is relaunching its brand for kids, moving merchandise inside its stores to capture the attention of shoppers even before they consider starting a family. The home furnishings retailer is renaming Land of Nod, which operated five standalone stores and two outlets, as Crate & Kids, according to a report in Bloomberg. Crate & Kids…
February 19, 2018 at 12:53 pm
Walmart is introducing new low-cost apparel brands for women, kids and plus-size customers — and phasing out older brands — in an effort to lure shoppers away from Amazon.com, which is steadily increasing its apparel sales, according to a Bloomberg report. The store brands include Time and Tru in ladieswear, which will replace the jettisoned DanskinNow label,…
February 7, 2018 at 1:28 pm
Don’t miss this webinar to learn how to protect your business from costly overstocks, out-of-stocks and returns.
