More than halfway through 2017, sales have been swift for retailers, thanks largely to the variety of avenues through which consumers can buy. In July, for example, retail sales rose 3.5 percent year-over-year, according to the National Retail Federation. Additionally, online sales rose an unadjusted 11.4 percent during the same period.
Though the deadline is a few years away, gas stations and their owners need to be working towards EMV compliance sooner rather than later.
You can’t throw a stone without hitting another article about how ecommerce is affecting retail. But one topic that seems to be underserved is how products are actually being shipped once your customer selects it via your multi-modal omnichannel delivery drone. The reality is, the experience of how a package is received matters for consumers, not to mention Dim Weight price increases, the speed of ecommerce growth, and generally tough competitive times. You can hardly afford to overlook the opportunity to optimize the packaging your product ships in.
As a retailer, if you’re thinking about preventing product damage given the rigorous demands of ocean and parcel shipping, you are probably thinking about test protocols that inform your design specifications. But don’t be lured into thinking a positive test result is the silver bullet to ensure your product is fully protected from damage.
As retail continues to become digitized, one intersection of opportunity is revamping supply chain management to connect popular trends and bring data driven insight into retail strategies. Recently, OpenText’s Mark Morley — Director, Strategic Product Marketing for Business Network — took time to answer questions about how supply chain management can shape retailers’ use of AI and more.
In an age where millennials are constantly checking the tag for the right size and price, they’re also looking for a values match; high-quality, sustainable items that match their budget, as well as where it came from and how it was made.
A lot of companies say they are developing packaging for ecommerce shipping on an ad hoc basis, usually as Amazon specifically requests them to do so. But with the pace and scale of change happening in retail, no one can afford to wait to start thinking more systematically about how they’re shipping packages to consumers.
It’s never too soon to begin thinking about the holiday shopping season. As more businesses are choosing to follow retail and outdoor recreation services corporation REI’s lead and “opt out” of Black Friday, brands have a unique and unprecedented opportunity to reach consumers in innovative ways.
Consumers are clamoring for user-generated content (UGC), but providing it can be difficult. George Eberstadt, CEO of TurnTo Networks, recently took time to discuss the benefits of UGC, how to use it effectively, and more in a Q&A with RetailITInsights.com.
Chris Rogers, Panjiva Research Director, recently took time to answer questions for RetailSupplyChainInsights.com about supply chain-related challenges retailers are facing and how to overcome them, what the future of the supply chain looks like, and more.
|
|
|
|
|
|
|
|
|