Tag Archives: Retail news issues

Liars Go Shopping with Pants on Fire

Sorry Virginia, people sometimes lie. And, at least according to a study from the University of Sydney, retailers should consider letting shoppers who lie during a service encounter get away with it. The researchers said existing research shows us that people tell an average of one to two lies per Article source: http://www.retailwire.com/news-article/16291/liars-go-shopping-with-pants-on-fire By: admin

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Study: Big Data Remains Work in Progress

According to a survey, 60 percent of retailers are initiating strategies aimed at harnessing the power of 'Big Data,' but little progress has been made and the understanding of its impact remains low. The "State of the Industry Research Series: Big Data in Retail" from Edgell Knowledge Network (EKN) was Article source: http://www.retailwire.com/news-article/16276/study-big-data-remains-work-in-progress By: admin

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Retail review: what should retailers be doing to prepare for Christmas?

In the latest in a series of articles as part of The Drum's retail review, we take a look at how retailers should be preparing for their busiest time of year – by holding their nerve and being patient as more and more consumers carry out their Christmas shopping last Article source: http://www.thedrum.com/news/2012/09/17/retail-review-what-should-retailers-be-doing-prepare-christmas By: admin

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The Retailers’ Retailer

More than a century after Nordstrom's founding in Seattle, the upscale retailer maintains its Northwest sensibilities, most notably in its patient sales staff and customer-first policies. And management is still a family affair. President Blake Nordstrom is the fourth generation to lead the company. Even as the retailer expanded Article source: http://online.barrons.com/article/SB50001424053111904819604577643662974553378.html?mod=BOL_twm_fs By: admin

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Kroger Loses Some Wait

"The waiting is the hardest part." – Tom Petty The Heartbreakers While citing its focus on value and its loyalty program for delivering 35 consecutive quarters of positive identical supermarket sales, Kroger officials also pointed to its success in reducing checkout times. On its second-quarter conference call, Rodney McMullen, Kroger's Article source: http://www.retailwire.com/news-article/16263/kroger-loses-some-wait By: admin

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How to Win in Retail

The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics around the investing world. There have been a number of articles out there saying retailers have to be tech-savvy to compete. McDonald's has always been using technology to Article source: http://www.dailyfinance.com/2012/09/05/how-to-win-in-retail/ By: admin

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Is Apple Retail TROUBLED?

Apple’s (NASDAQ:AAPL) retail business has been in the news for the wrong reasons lately and now a new report says the company’s store employees are increasingly turning into a rather unhappy lot. The blog ifoAppleStore cites several internal sources to assert that the workers are unhappy that the Article source: http://wallstcheatsheet.com/stocks/is-apple-retail-troubled.html/ By: admin

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Online Retail Isn’t Always Better Retail

It has become axiomatic that brick-and-mortar retail is not a place to buy things but to look at products, then maybe benchmark prices before going online to make the purchase. But a new mystery shopper study by StellaService suggests that, at least for the $83.8 billion back-to-school season, in which Article source: http://www.mediapost.com/publications/article/181352/online-retail-isnt-always-better-retail.html By: admin

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5 Retail Lessons For Ecommerce Sites

Jim Stoneham is CEO of Payvment, developer of the top Facebook ecommerce platform for brands, agencies, and merchants. Follow the company @Payvment. The traditional ecommerce experience normally entails searching on Google or Amazon for the product you want, and then scanning for the cheapest deal. Or maybe it means Article source: http://mashable.com/2012/08/26/ecommerce-lessons-tips/ By: admin

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7 easy ways to get more visitors to your retail website

Any retail consultant knows that more traffic to your brick and mortar retail store means more sales. But when people ask me as a retail expert how they can attract more customers, they often forget about their website. And that is a big miss. This simple fact has left a Article source: http://www.retailcustomerexperience.com/blog/8765/7-easy-ways-to-get-more-visitors-to-your-retail-website By: admin

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