Today on Total Retail

Conversational Commerce for Better Customer Experience
February 20, 2024 at 9:39 am

Since Amazon Echoโ€™s 2014 launch, conversational commerce has been a hot topic of conversation in retail (pun intended). The biggest question: How can conversational commerce improve shopping experiences? For the last decade, the answer seemed to be it doesnโ€™t. Consumers struggled to leverage these tools to shop, unless they were reordering a previous purchase. Conversationalโ€ฆ

Target Launches Value-Priced Private Label Brand
February 19, 2024 at 4:00 pm

Target Corp. announced it has launched a new private label product line for price-conscious consumers called dealworthy. The assortment of 400 everyday basics will include apparel and accessories, essentials and beauty, as well as electronics and home items. Items will start at less than $1 and with most under $10, the prices are designed toโ€ฆ

Curacao's CMO on Brand Expansion Through Community Empowerment
February 19, 2024 at 4:39 pm

In episode 440 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Ariela Nerubay, executive vice president and chief marketing officer at Curacao, a department store chain and retail lender that services underserved U.S. communities on the West Coast. Listen in as Nerubay provides an overview of the company (0:50), discusses the services and products providedโ€ฆ

Countering Retail Theft Without Sacrificing Customer Experience
February 19, 2024 at 12:02 pm

A concerning trend has emerged in the evolving retail landscape over the past few years: the spike in retail theft. As examples, Los Angeles and Dallas experienced staggering increases of 109 percent and 73 percent, respectively, in shoplifting incidents from H1 2022 to H2 2023. As the problem intensifies, communities are left grappling with theโ€ฆ

How SMBs Can Compete in an Era of Free Returns
February 19, 2024 at 10:14 am

It's the way of the world that giant corporations have the resources to crush their competition, especially when they attain a dominant position in the marketplace. The goliaths of Amazon.com and eBay did this to SMBs when they started offering FREE returns of online purchases. To be fair, the big companies probably didnโ€™t foresee theโ€ฆ

Retail Management With COSU Devices: Handling the Holiday Upsurge
February 19, 2024 at 9:11 am

For many vendors, the holiday sales period can spell the difference between success and failure, providing a boost that can turn around the fortunes of a struggling retailer. Conversely, an inability to capitalize on last quarter sales could be a businessโ€™s final death knell. Thatโ€™s why retailers need to make sure their management processes canโ€ฆ

Target is Reducing Self-Checkout Hours in Some Stores
February 15, 2024 at 3:47 pm

Target has slashed the hours of operation for self-checkout lanes at some of its stores. Not all store locations have had self-checkout hours cut, but the retailer is considering store staffing levels and sales volumes in its decision. Workers told Business Insider that Target is trying to keep the percentage of overall store sales viaโ€ฆ

The Walled Gardens of Social Commerce
February 15, 2024 at 3:02 pm

Shopping + social platforms = social commerce. Itโ€™s not a new concept in other parts of the world; as of 2022, over 70 percent of Asian consumers, specifically in Thailand, China, and Vietnam, had shopped on social media platforms. To put this into perspective, just 36 percent of U.S. internet users are social buyers, meaningโ€ฆ

Reimagining Retailโ€™s 2024 KPIs: A Data-Driven Approach for Success
February 15, 2024 at 2:40 pm

As the retail industry evolves, strategies for success have dramatically shifted. Gone are the days of static store layouts, now replaced by a dynamic, data-driven approach that requires ongoing iteration. For retailers to thrive in 2024, a refocusing of key performance indicators (KPIs) is essential. Central to this new approach is understanding and maximizing footโ€ฆ

A Growing Threat: Return Fraud Continues to Significantly Expand YoY
February 15, 2024 at 2:27 pm

In mid-January, I had the pleasure of attending the NRF โ€œBig Showโ€ Conference in New York City. As always, it was great to meet new people, reconnect with prior colleagues, and finally meet some people in person โ€” we have been on video calls way too often in the past three years! As expected, retailersโ€ฆ