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How Retailers Can Bring Creativity and Originality Back to Private Label Products

Retail TouchPoints

Twenty years ago, retailers aiming to launch new store brands to fend off the negative associations created by the “generics era” would say to their design agencies, “Get this as close to the national brand target as you possibly can.” Look closely at the latest crop of newly launched store brands in grocery and retail.

Retail 230
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Batteries Plus: Customer Data and Store Expertise Power Sweeping Digital Transformation

Retail TouchPoints

it was a groundbreaking retail concept, in many ways heralding a new era of personal computing and electronics. But that same wave of electronic innovation that gave rise to Batteries Plus also put a drain on the retailer’s business as ecommerce began to take hold. When the first Batteries Plus opened in 1988 in Green Bay, Wis.

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A baker’s dozen of provocative retail predictions for 2018

Steve Dennis

2017 was one of the most transformative years for the retail industry that I can remember. Physical retail isn’t dead. Boring retail is. By this time next year roughly 90% of all retail will still be done in physical stores, so please can we shut up already about the “retail apocalypse.”

eCommerce 102
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What Is Inventory in Retail – Everything You Need To Know As a Retail or SMB Owner

Korona

The lifeblood of a successful retail business is mainly dependent on the retailer’s ability to provide consumers with quality products in sufficient quantity from the right place at the right time. Retailers lose an estimated $1 trillion every year due to out-of-stock situations. . Inventory audit methods for retailers.

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These 40 Entrepreneurs Swear by These Marketing & Growth Strategies

BigCommerce

Advertising on Google AdWords also works really well, as many people search Google and other search engines for what they are looking for. We started by attending over 20 retail shows a year to get in front of people. Lastly, having an understanding of attribution is critical to understanding multi-channel campaigns’ value.

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Hudson Uses COVID Shutdown to Shave 5 Months off Transaction Platform Deployment

Retail TouchPoints

At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialty retail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions.

Vend 212
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What is GMROI in Retail? (Formulas, Benchmarks, Examples)

Retalon

As a retailer, inventory is one of your biggest investments. Afterall, retailers invest in merchandise hoping to sell it at a profit. That’s the crux of the entire retail business model. As such, the GMROI formula is used to evaluate how successful retailers are in getting a return on their inventory. Why is GMROI useful?

Retail 41