Posts filtered by tags:  retail[x]


Where to Shop This Memorial Day Weekend

Don’t just buy another tech thing this Memorial Day weekend. Go get yourself a replica of Aladdin’s Magic Carpet for $29.99.Read more...
Tags: Sales, Memorial Day, Shopping, Retail

Are IPOs Right for DTC Brands? Not Always, Experts Say

Within the past few months, the retail industry has seen the rise of several new direct-to-consumer unicorn companies (brands that reach a $1 billion valuation or more). Rent the Runway, Glossier and Casper all reached that status in March, and now Away's joined the club. Harry's, on the other hand, was bought for $1.37 billion...
Tags: Retail

Future Of Retail: Implementing Artificial Intelligence In 2019

To help retailers and brands plan for 2019, Researcher Claudia Tajima and I are interviewing experts within Forrester for our series, “Applying 2019 Predictions To Retail.” Last week, we spoke to Sam Stern about how employee experience will impact retailers in 2019. This week, Claudia interviewed Michele Goetz, principal analyst on Forrester’s enterprise architecture team and an expert in AI, on her 2019 AI predictions report. […]
Tags: artificial intelligence (AI, Online Retail, Predictions 2019, Retail

Wall Street skeptical over Nordstrom turnaround strategy

Investors were not only surprised by Nordstrom’s lower-than-expected earnings, but also skeptical the retailer can turn things around anytime soon.
Tags: Nordstrom, Business, News, Retail

A Glimpse Into The Future Of The Store

Offline stores are more important than ever despite the eCommerce boom. How will digital technologies transform the future of the store? My colleague Michelle Beeson and I share our points of view. For more research, see The Digital Store Playbook For 2019 and Case Study: Intime Embraces New Retail Transformation To Drive Growth.
Tags: Digital Transformation, Marketing, Retail, Michelle Beeson

4 Reasons Emotional Data Is Key for Building Brand Loyalty

Brands looking to win customers for life should consider their emotional states and incorporate that data into all relevant touch points along the path to purchase. That's according to a new study from Deloitte Digital on how emotions impact long-term customer loyalty. Here are the top takeaways: 1. Love equals loyalty Based on a survey...
Tags: Advertising, Retail, Deloitte Digital

A young entrepreneur is building the Amazon of Bangladesh

At just 26, Waiz Rahim is supposed to be involved in the family business, having returned home in 2016 with an engineering degree from the University of Southern California. Instead, the young entrepreneur is plotting to build the Amazon of Bangladesh. Deligram, Rahim’s vision of what e-commerce looks like in Bangladesh, a country of nearly 180 million, is making progress, having taken inspiration from a range of established tech giants worldwide, including Amazon, Alibaba and Go-Jek in Indon...
Tags: Google, Amazon, Startups, TC, Ecommerce, Uber, Asia, Microsoft, Electronics, Indonesia, California, China, Singapore, India, America, Tech

“We had executional misses” — Nordstrom reports decline in sales

Investors weren't pleased at first-quarter earnings that came in at about half of what analysts expected, and Nordstrom shares dropped 9& or more in after-hours trading.
Tags: Nordstrom, News, Retail

Department store woes worsen; Kohl's, J.C. Penney sales miss

The optimism for department stores after Macy’s Inc.’s rosier report last week was short-lived, with J.C. Penney Co. and Kohl’s Corp. posting sales declines Tuesday that rattled the industry. Shares of both sank. Same-store sales, a key gauge of retail success, missed projections at both chains, signaling the stores still have their work cut out for them as shoppers’ preferences evolve. “Last year, shoppers were spending freely and were able and willing to make purchases of discretionary p...
Tags: Amazon, New York, China, Advertising, Walmart, Retail, Tj Maxx, Trump, Macy, Home Depot Inc, Kohl, Penney, J C Penney, Bloomberg Intelligence, Amazon com Inc, Goyal

As the USPS Awaits Relief, It’s Testing Autonomous Trucks

The beleaguered U.S. Postal Service said it will test autonomous 18-wheelers from TuSimple in a two-week pilot between distribution centers in Phoenix and Dallas. The trial will include five 2000-mile, 22-hour roundtrips in Arizona, New Mexico and Texas. According to TuSimple, the freight that moves along the I-10 corridor--a 2500-mile route from Jacksonville, Fla. to...
Tags: Texas, Advertising, Usps, Retail, Dallas, Phoenix, U S Postal Service, Jacksonville Fla, Arizona New Mexico, TuSimple

Stein Mart embraces the enemy with installation of Amazon Lockers in nearly 200 stores

Another brick-and-mortar retailer is turning to Amazon to help save its struggling business. Today, discount chain operator Stein Mart announced it will install Amazon Hub lockers in nearly 200 stores as soon as next month. The lockers are self-serve kiosks that allow Amazon shoppers to take advantage of in-store pickup and returns. The deal will bring increased foot traffic to Stein Mart stores, potentially increasing its sales. Meanwhile, Amazon gains the advantage of a brick-and-mortar pre...
Tags: Amazon, Ecommerce, Tech, Walmart, E-commerce, Retail, Retailers, Kohl, Stein Mart, Hunt Hawkins Stein Mart, Amazon Lockers, Amazon Locker, Amazon Hub

Gap Wants You to ‘Love All Ways’ in Honor of LGBTQ Pride Month

Gap is the latest brand to reveal its plans for LGBTQ Pride Month, which officially kicks off in June. The "Love All Ways" campaign, which coincides with the retailer's 50th anniversary, puts a spotlight on the family of Jodie Patterson, an author, LGBTQAI advocate and mother of five children, one of whom is her transgender...
Tags: Advertising, Retail, Jodie Patterson

Amid Trade Tensions, Game of Thrones Finale Blocked in China

Higher prices from retailers like Walmart and Macy's are a fairly predictable outcome of the U.S.-China trade war. The ability of Chinese fans to tune in to the Game of Thrones finale is arguably less so. And yet that's precisely what happened on Sunday--at least according to the Wall Street Journal. While 19.3 million U.S....
Tags: China, Advertising, Walmart, Retail, Macy

Women’s Clothing Chain Dressbarn to Close its 650 Stores

The company did not say when Dressbarn will shut all its stores
Tags: News, Uncategorized, Retail, Dressbarn, Onetime, Women's Clothes

IDC: Asia-Pacific spending on AI systems will reach $5.5 billion this year, up 80 percent from 2018

Spending on artificial intelligence systems in the Asia-Pacific region is expected to reach $5.5 billion this year, an almost 80 percent increase over 2018, driven by businesses in China and the retail industry, according to IDC. In a new report, the research firm also said it expects AI spending to climb at a compound annual growth rate of 50 percent from 2018 to 2022, reaching a total of $15.06 billion in 2022. This means AI spending growth in the Asia-Pacific region is expected to outpace the...
Tags: TC, Asia, Japan, Enterprise, China, Tech, Artificial Intelligence, Asia Pacific, Retail, Idc, Cagr, Asia Pacific region, Industries

Ikea invests in Livspace, a one-stop platform for interior design based in India

Fresh from raising $70 million last year via big names including Goldman Sachs and TPG Growth, Livspace, an India-based startup that offers a one-stop-shop for interior design, has lured yet another marquee investor: Ikea. The startup said today it has taken an undisclosed investment from Ingka Investments, the VC arm of Ikea parent Ingka Group, which operates 90 percent of Ikea’s retail footprint. Livspace CEO and co-founder Anuj Srivastava declined to provide a figure for the deal, but he told...
Tags: Fundings & Exits, Asia, Finance, India, Funding, Tech, Ceo, Economy, Companies, Ikea, Retail, Goldman Sachs, Retailers, Hyderabad, Livspace, Tpg Capital

New Clean Skincare Line Comes to Target in an Attempt to Reinvent the ‘Drugstore Brand’

Unlike the raft of direct-to-consumer brands that, well, you know, go direct to the consumer, Versed, a new skincare line from Clique Brands--the same company behind Who What Wear (both the site and fashion line)--took the opposite approach and instead debuted at 1,400 Target stores and on May 19. Versed is the first brand...
Tags: Advertising, Retail

Wear Orvis and Make an Adventure Out of Life

Orvis was founded in 1856 by Charles F. Orvis in Manchester, Vermont. The company makes high-end clothing and outdoor gear for fly fishing fanatics and bird hunters. Also, certifiable preppies from coast-to-coast prefer Orvis. Like L.L. Bean, Filson, and others in its category, Orvis has long relied on its direct mail catalog. The company mails more […] The post Wear Orvis and Make an Adventure Out of Life appeared first on Adpulp.
Tags: Advertising, Retail, Manchester Vermont, Orvis, Creative Review, Lifestyle Marketing, Charles F Orvis, Orvis Like L L Bean Filson

Away Is Using Its Latest Round of Funding to Progress Further Into a Bricks-and-Clicks Strategy

With a fresh $100 million in the bank and a newly minted unicorn valuation of $1.4 billion, Away's got a whole bag of ideas to cement its status as a brand. Unsurprisingly, that includes further expanding its retail footprint to 50 stores over the next three years (the company currently has locations in seven cities)....
Tags: Advertising, Retail

Walmart beats on earnings in Q1, with U.S. e-commerce up by 37 percent

Walmart’s investments in e-commerce are paying off. The retailer today announced its U.S. e-commerce sales grew by 37 percent in the first quarter, largely thanks to its booming online grocery business and growth in both the home and fashion categories on The company also beat analyst estimates for the quarter, with earnings per share of $1.13 versus $1.02 expected, and revenue of $123.93 billion compared to estimates of $125.03 billion. U.S. same-store sales growth was 3.4 perce...
Tags: Google, Amazon, Ecommerce, Sofia Vergara, Tech, Usda, Walmart, E-commerce, Online Shopping, Retail, Earnings, Kristen Bell, Dax Shepard, Taylor, Sam, Flipkart

Alibaba invests about $635M in Red Star Macalline, one of China’s largest furniture sellers

Alibaba Group has acquired about RMB 4.36 billion ($635 million) worth of convertible bonds in Red Star Macalline, one of China’s biggest furniture retailers. If converted, this would give Alibaba about a 10 percent stake in the company. It also purchased 3.7 percent of Red Star Macalline’s publicly traded shares on the Hong Kong stock exchange, according to a disclosure. Red Star Macalline operates about 300 shopping malls and 364 home improvement centers throughout China, leasing space to reta...
Tags: Fundings & Exits, TC, Hong Kong, Home Improvement, China, Tech, E-commerce, Furniture, Alibaba, Tencent, Retail, Alipay, Alibaba Group, O2O, Tmall Alibaba, Red Star Macalline

The dark side of the Little Checkers collectables

Checkers recently announced that they are bringing back a new collectable series called Little Checkers where with every purchase amounting to R200, you get a Block (which looks a lot like Lego, but it’s not Lego) which you can then use to build your very own small supermarket. What Checkers have also done this time – as apposed to when they ran the Little Garden promotion – is to team up with brands like WeetBix, Liqui Fruit, Pringles and loads of others to enhance the experienc...
Tags: Business, Opinion, Advertising, Lego, South Africa, Retail, Loyalty, Branding, Checkers, Little Checkers, Little Garden, WeetBix Liqui Fruit Pringles, Pick n Pay Woolies

Reviewing Forrester’s 2019 New Tech Predictions — How’d We Do So Far?

Back in November, Forrester outlined its 2019 predictions for a set of hot emerging technologies. We identified which markets were likely to command big investments in the new year and even predicted that GE would turn a corner this year. Let’s see how we did so far with a few of them. Additive manufacturing will save […]
Tags: Ecommerce, Ge, Emerging Technology, Retail, Manufacturing, Forrester, Age Of The Customer, Transportation & Logistics, Predictions 2019

Rothy’s Decision to Pull Its Latest Silhouette Was “Prudent,” Experts Say

A day before debuting a new silhouette--an open-toed shoe--Rothy's, the women's direct-to-consumer brand that makes shoes out of recycled bottles, pulled it. In an email sent out to customers (and posted to the company's social channels), Rothy's wrote that the initial prototypes of the shoe--the Slide--were perfect. But as the company ramped up production, the...
Tags: Advertising, Retail, Rothy

Tariffs Could ‘Upend’ the Ecommerce Supply Chain

Despite President Trump's assurance the trade war with Chinese President Xi is "very bad for China, very good for USA," it is increasingly likely that manufacturers, retailers and consumers in both countries will feel aftershocks. Production may shift away from China, third-party sellers may raise prices and consumers may find a more limited selection. Then...
Tags: Usa, China, Advertising, Retail, Trump, Xi

Google Express becomes an all-new Google Shopping in big revamp

Google is giving its Shopping destination a revamp and introducing a universal cart across its platform of services, including Search, Shopping, Images, and even YouTube. The search company announced today an entirely redesigned and now personalized Google Shopping experience where shoppers can discover and compare products, then checkout instantly using their Google account. As a result, the Google Express app will become the new Google Shopping app as the standalone “Express” brand is merge...
Tags: Google, Ecommerce, Pinterest, Instagram, Shopping, Tech, Sony, Retail, Online Retail, Google Shopping, Products, Merchant Center, Google Express, Google Images, Google Shopping Google, Search Shopping Images

4 Ways Brands Can Help Impress Busy Moms on Mother’s Day

Innovation-minded marketers should love Mother's Day almost as much as they love their moms. The mid-May holiday represents a $23 billion market after all, and it's ripe for disruption--especially when it comes to gift ideas for working mothers, who need all the convenience and relief from the daily grind that they can get. Further, the...
Tags: Advertising, Retail, Voice, Ways Brands Can Help Impress Busy Moms

Amazon offers employees $10K and 3 months’ pay to start their own delivery businesses

Following news of Amazon’s plans to reduce Prime shipping down to one day, the company this morning announced an expansion of its Delivery Service Partner program, which now includes a new incentive that encourages existing Amazon employees to start their own package delivery company. The partner program, first announced last year, includes access to Amazon’s delivery technology, hands-on training, and a suite of other discounts for assets and services like vehicle leasing and insurance. For emp...
Tags: Amazon, Ecommerce, Tech, Amazon Prime, Usps, Retail, Prime, Logistics, Delivery, Reuters, U K, Amazon Flex, Delivery Network

Betabrand Is Using Its Retail Space to Elevate the Spoken Word, a.k.a. Storytelling

Betabrand, the San Francisco-based clothing retailer has begun a new experiment to increase its brand awareness: making their store into the Bay Area’s premiere live podcasting venue.    On Thursdays the Betabrand store becomes a showplace for popular podcasters, some of whom have traveled from as far away as New York to take the stage […] The post Betabrand Is Using Its Retail Space to Elevate the Spoken Word, a.k.a. Storytelling appeared first on Adpulp.
Tags: Advertising, Brands, Story, Podcasting, Retail

Why Other Direct-to-Consumer Brands Can Take a Page Out of Harry’s Playbook

It's possible that the $1.37 billion acquisition of Harry's by Edgewell Personal Care is both a win and loss for the once direct-to-consumer shaving company. Sure, the founders are now leading all of Edgewell's U.S. operations, but at the cost of owning and operating an independent company. When P&G acquired Walker & Company, the chattering...
Tags: Advertising, Retail, Harry, Edgewell Personal Care, Walker Company, Edgewell