Product Sourcing
Retailers need to prioritize their product and pricing strategies to capitalize on the surge in holiday sales and keep loyal customers.
The Vitamin Shoppe is looking to facilitate the discovery of new brands and innovative products through a vendor incubation program. Launchpad, as the Secaucus, N.J.-based retailer has dubbed the program, is meant to introduce emerging products and brands to shoppers through its relationships with vitamin and supplement brands, the company said in a press release. The…
In episode 156 of Total Retail Talks, Matt Reynolds, co-founder and president of Indigenous, a retailer of organic, fair trade and sustainable fashion, discusses the brand's commitment to being socially responsible, steps it has taken to be more environmentally conscious, and the business benefits associated with this approach.
The prevalence of e-commerce giants has completely changed consumer buying expectations. Apparel, fashion and retail companies are all feeling the effects of the shift toward unified commerce and the pressure to deliver on consumer demands. Going beyond shipping, fulfillment and customer experience, consumers are looking closely at how a product is made, and making purchase decisions…
The Trump administration said on Monday that it would proceed with plans to impose a series of punitive trade-related measures on China in the next month, intensifying pressure on Beijing as trade talks between the countries continue. The White House said in a statement that the United States would move ahead with its plan to levy…
Store brands have been around for decades, but until recently they were often perceived as lower quality than national brands. Today, retailers like Trader Joe’s, Whole Foods, and Kroger are able to offer private-label products that match big brands in quality while maintaining lower prices. As a result, according to a new Nielsen report, store…
In the 1990s and early 2000s, the world embarked on a journey toward connectivity and collaboration. The invention and burgeoning popularity of the internet brought together people from around the globe in both personal and professional spheres. Today, technology is still evolving and social platforms have continued to meet the increasing need for in-the-moment communication…
April showers bring May flowers. And for online floral retailers, May flowers mean Mother’s Day, one of the biggest sales events of the year. Like a fine Swiss watchmaker, floral retailers determine shipping prices, and precisely when orders need to occur to ensure on-time arrival to surprise and delight that special mom in their life.…
In this week's episode of Retail Right Now, Total Retail's Caitlin Sullivan and Joe Keenan discuss the significance of announcements made this week by REI and Walmart regarding changes they're making to their supply chains, and specifically what's required of their product suppliers.
Crowdsourcing can be a powerful marketing asset, but many companies need direction on how to implement it correctly. Effective crowdsourcing seeks insights directly from brand followers instead of the general public, which allows companies to focus on the customers most likely to drive revenue. Not only does focusing on advocates provide brands the information they…