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The Digital Last Mile: How Behavior Personalization And Globalization Are Key To Survival In The Post-COVID Era Of E-commerce

Retail TouchPoints

Behavioral Personalization : In the post-COVID era the closure or inaccessibility of physical stores has led to an acceleration in the movement of sales towards e-Commerce. However, sales across all other verticals analyzed in the report, including fashion, food services and electronics stores, were severely negatively affected.

eCommerce 137
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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

A 45-year-old family-owned luxury business might not be the kind of company one expects to be at the cutting edge of digital commerce, but thanks to President Ken Natori, the company’s second-generation leader, Natori is just that. And earn his stripes he has. I Would Always Rather Over-explore than Under-explore’.

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How to Meet and Exceed Amazon-Driven Customer Expectations 

ESW

But as retailers and brands with DTC ecommerce channels know, meeting online customer expectations in an Amazon-dominated environment is challenging to say the least. Amazon’s disruption to commerce has been so profound, there is a term for it: The Amazon Effect. But in order to compete, brands need to do just that.

eCommerce 139
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The New Era Of Retail Hybridization Creates Unparalleled Opportunities

Steve Dennis

As I finished writing the second edition of my new book late last year, the predominant retail narrative was the so-called great acceleration of all things e-commerce. Orders were placed by mail, fax, phone and, as e-commerce came into existence, by computer. The hybrid supply chain.

eCommerce 148
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Saks.com Spin-Out: Genius Move or Opportunistic Folly?

Steve Dennis

Indeed, the customer is the channel and retailers with a more harmonized and remarkable retail experience generally outperform those that have failed to break down silos. The Bay has long suffered from the woes of unremarkable department stores. The lines are blurring. Digital drives brick and mortar and vice versa.

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The Neiman Marcus Bankruptcy: Separating The Myths From The Realities

Steve Dennis

While growing competition from the likes of Net-a-Porter, Farfetch, TheRealReal and many others, along with its own vendors’ dialing up of direct-to-consumer efforts, makes it difficult for Neiman’s to gain relative market share, luxury e-commerce remains largely Amazon proof. luxury department stores.

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A Slightly Better Version of Mediocre

Steve Dennis

Macy’s, the leading US department store chain, is illustrative of this approach. Under CEO Terry Lundgren, Macy’s embarked on a number of major multi-year initiatives to become more customer relevant. Slowing the rate of descent is, in some sense, progress, but without a major change in direction, eventually we still crash.