Today on Total Retail

Revolve Group Opens First Store Following Pop-Up Shop Success
June 13, 2024 at 4:34 pm

Revolve Group (RVLV), the next-generation fashion retailer for millennial and Gen Z consumers, last week announced the opening of its first ever permanent physical retail location in Aspen, Colorado. This decision follows the success of the REVOLVE and FWRD Pop-Up shopping experience that opened in the same location in December. Located in Aspen's shopping district,โ€ฆ

Cracking the Code on Consumer Priorities: Itโ€™s Time to Rethink the Next-Day Delivery Obsession
June 13, 2024 at 3:52 pm

The allure of next-day delivery, epitomized by giants like Amazon.com, has long been perceived as the ultimate customer magnet. Retailers have raced to replicate this speedy service, believing it to be the key to consumer satisfaction. However, recent insights into shifting consumer preferences reveal a surprising truth: speed of delivery isn't the sole determinant ofโ€ฆ

Finding the Right Retail Tech: How to Use DaaS in Every Retail Situation
June 13, 2024 at 3:33 pm

Retail companies, especially startups, are understandably conscious of their tech costs. Limited resources mean management can only do so much without breaking the bank. But todayโ€™s retail companies rely heavily on technology to grab market share. They canโ€™t afford to skimp on tech like accounting software and point-of-sale (POS) systems if they want to stayโ€ฆ

Rescuing Your Retail Media Network: 3 Key Strategies for Retailers to Improve Performance
June 13, 2024 at 10:13 am

In the fast-paced world of retail, maintaining a robust and high-performing retail media network can be a strong competitive advantage. If a retail media network is underperforming, there are strategic steps retailers can take to turn things around. Here are three key strategies to consider: 1. Embrace identity platforms. The first strategy that can helpโ€ฆ

Starbucks Launches Studio for 'Original Entertainment'
June 12, 2024 at 12:04 pm

Starbucks announced last week it is making its entrance into the entertainment industry by starting Starbucks Studios, a new initiative the company said will produce original entertainment and "tell stories that deepen connections and spark conversations." The coffee giant didn't say what kinds of entertainment we can expect, but revealed it is teaming up withโ€ฆ

How Culinary Brand Anova Used Connected TV to Increase AOV by 282%
June 12, 2024 at 11:47 am

People are constantly inundated with advertisements โ€” on their devices, on billboards, on public transit, etc. With so many competing messages coming from all angles, brands have to work hard to stand out from the crowd by creating ads that tell a compelling story. One premier culinary appliance retailer was determined to set itself apartโ€ฆ

RFIDโ€™s Transformational Impact on Inventory Management and Consumer Experience
June 12, 2024 at 12:56 pm

Inventory management is now easier than ever due to a packaging technology that improves the customer experience: radio frequency identification (RFID). This approach works by including a sticker on items that contains a microchip and antenna that transmits logistics information to receivers. Since this innovative technology constitutes a powerful competitive edge, retailers of all kindsโ€ฆ

3 Ways Retailers Should Prepare for Peak Season 2024
June 12, 2024 at 7:58 am

Peak season has become increasingly competitive for retailers. As more consumer spending shifts online, a convenient, seamless delivery experience has gone from a differentiator to table stakes. Shoppers expect fast, flexible, inexpensive delivery options. The Baymard Institute reports that 48 percent of cart abandonments are due to high extra costs (like shipping and fees) andโ€ฆ

How Retailers Should Approach TikTok (and its Alternatives) Amid a Looming Ban
June 12, 2024 at 9:48 am

On April 24, President Biden signed into law the Protecting Americans from Foreign Adversary Controlled Applications Act, which had one immediate, if not explicit, purpose: Wrest control of the social media application TikTok from the potential influence of the Chinese government. Whether founded or unfounded, concerns that China might be willing and able to accessโ€ฆ