Technology
Todayโs digital landscape has created an uncertain retail climate for all; even long-established brick-and-mortar retailers like ToysโRโUs and Sears have fallen to the so-called โretail apocalypse.โ The reason? When it comes to shopping, power has officially shifted from the retailer to the consumer, who demands what they want, how they want it, and when itโsโฆ
The benefits of online shopping are obvious: its speed, ease and convenience drove Q2 2017 e-commerce sales to $111.5 billion, a 16.2 percent increase year-over-year. Still, if given a choice, 64 percent of online shoppers prefer buying from physical outlets โ a number that, surprisingly, increases when talking about younger shoppers. Millennials and even Genโฆ
LIDS, a Genesco brand that operates within Hat Word Inc., earned the No. 1 ranking in Total Retailโs analysis of 100 publicly traded retailers based on its omnichannel capabilities/programs offered and the execution of said programs. LIDS was part of a three-way tie for first place, joined by DSW and UGG. The full rankings canโฆ
Amazon.com is reportedly working on an an ambitious, top-secret plan to build domestic robots. According to a report in Bloomberg, the project is code named โVesta,โ after the Roman goddess of the hearth, home and family, and is being overseen by Gregg Zehr, who runs Amazonโs Lab126 hardware research and development division. Lab126 is responsible forโฆ
Home Depot announced this week that it will hire more than 1,000 technology positions this year. Recode reported the home improvement retailer is using the hiring spree as a means to support an $11 billion multiyear investment plan to extend its lead in brick-and-mortar retail over competitors like Loweโs as well as fend off increasedโฆ
If youโre a fashion and apparel retailer and have ever asked the question, โWhat matters most to my online shoppers?โ this article is for you. Rakuten Fits Me recently conducted a global survey investigating online search behaviors as well as the size and fit challenges of todayโs fashion and apparel-seeking consumers. This is what theyโฆ
Consumers today have seemingly endless retail options. Beyond price, product and delivery options, shoppers can choose how they communicate with their favorite brands, whether thatโs through a voice assistant, chatbot, Facebook Messenger, etc. A recent study by Narvar revealed that shoppers are indeed choosing a combination of these channels and expect that brands use themโฆ
When it comes to e-commerce, growth is a trend you canโt ignore. Globally, the e-commerce industry is projected to reach $4.5 trillion by 2021, and in the U.S., online sales are increasing by about 15 percent every year. But when looking at more specific e-commerce trends, it can be difficult to discern fact from fiction.โฆ
April showers bring May flowers. And for online floral retailers, May flowers mean Motherโs 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.โฆ
Target will begin to test a service that uses Bluetooth-connected household devices to monitor your supply of toilet paper, paper towels and hand soap, and automatically order more when consumers need them. The replenishment program is called Target Fetch, and the retailer will launch a campaign May 1 on the crowdfunding site Indiegogo to solicit 250โฆ