Merchandising

Merchandising Planning Strategies for New Retail Stores
May 16, 2023 at 12:58 pm

Planning for a new store location? If so, choosing the right strategies is critical to success. Here are various options that merchandise planning teams can consider. Inventory Planning for Your First Store If your company is preparing to launch its very first store, itโ€™s an exhilarating and exhausting time. Itโ€™s also the time when yourโ€ฆ

PetSmart Chief Merchant Kristin Shane on Staying Agile, Customer Acquisition and More
April 6, 2023 at 6:08 pm

While at Shoptalk 2023 in Las Vegas last week, Editor-in-Chief Joe Keenan spoke with Kristin Shane, chief merchandising officer at PetSmart, to learn more about the pet brand's agile merchandising strategies. Shane shares how PetSmart's merchant teams stay agile, the skills needed to be an effective retail merchant today, and how proprietary brands factor into the pet retailer'sโ€ฆ

How CPG Brands Can Foster Great Retail Partnerships in a Post-Pandemic Environment
April 6, 2023 at 5:42 pm

Thereโ€™s no denying that more and more consumers are having products shipped to their homes. Yet the need for brick-and-mortar stores remains strong. And that makes it imperative for consumer packaged goods (CPG) brands to prioritize building and maintaining retail partnerships. Just how important is physical shopping? A March 2022 PowerReviews survey showed that 95โ€ฆ

3 Tactics for Growing Revenue Using Data-Driven Search and Discovery
March 29, 2023 at 1:55 pm

Amid economic turbulence, many retailers are revamping their marketing strategies to try and bring in more customers. However, increasing advertising spend is not the end-all-be-all solution to boosting their bottom lines. Instead, they can increase their revenue by more effectively capitalizing on the customer interactions they already have on their e-commerce platforms and outperforming competitors.โ€ฆ

5 Ways E-Commerce Experiences Must Evolve to Succeed Among Economic Uncertainty
March 21, 2023 at 12:26 pm

The economic downturn is dramatically impacting consumer budgets, making shoppers think twice about their spending. This puts pressure on e-commerce merchants to adapt their online shopping experiences to maximize profitable conversions. Meeting this challenge requires a focus on five key areas: 1. Enhance e-commerce site search with dynamic ranking and merchandising. With every cent countingโ€ฆ

Inside H&M's Strategy to Become a More Sustainable Organization
March 20, 2023 at 1:08 pm

As Total Retail reported last week, H&M launched a resale program in collaboration with thredUP. โ€œH&M Pre-Lovedโ€ offers shoppers an easy way to find secondhand pieces for their wardrobes. The new shop also continues the retailerโ€™s sustainability mission of establishing circular business models for itself and customers. To learn more about its new resale program, Total Retail connected with Abigailโ€ฆ

The Story Behind Allen Edmonds' 100 Years of Success
March 13, 2023 at 3:55 pm

In episode 392 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews David Law, senior vice president and general manager of Allen Edmonds, a U.S.-based handmade luxury menโ€™s footwear heritage brand. Listen in as Law provides an overview of the legacy brand (1:00), his professional background and role at Allen Edmonds (2:35), and the factors he believesโ€ฆ

Growing Business After an Economic Boom
March 13, 2023 at 11:32 am

The pandemic years were boom times for numerous sectors of the economy, including home and bedding, furniture, and home workout brands. In a short period of time, Americans spent $118 billion spiffing up their homes (some categories of home goods, such dishwashers, spiked 4000 percent). Home sales also spiked as people sought more space. Butโ€ฆ

Target to Launch New Private Labels, Expand Others
March 2, 2023 at 5:05 pm

Target announced earlier this week that it would be stocking its shelves with more products priced under $10 as it tries to appeal to more cost-conscious consumers dealing with once-in-a-generation inflation. The retailer has shifted its focus to selling more food and lower-priced items under its higher-margin private-label brands including Favorite Day, Good & Gather,โ€ฆ