What Is Specialty Retail?

iQmetrix

If you’re in retail and you research trends, news, or software solutions online, you might have heard the term “specialty retail” floating around. Specialty RetailBut it hardly ever comes with a clear definition and without that clear understanding, confusion can thrive and grow.

4 Retail Trends Specialty Retailers Need to Know

iQmetrix

In the past few years, there have been a number of new technologies that have surfaced and are leading the charge in retail trends; think artificial intelligence, increased automation, and virtual or augmented reality. Specialty RetailHowever, the trends that will really make a last impact on your customers are much simpler in concept and revolve around one idea—creating a community through personalization across all mediums: in-store, online, and in-product offerings.

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Leading Specialty Retailer Moves to ChannelAdvisor to Manage Amazon Advertising: Sees 2,500% Revenue Increase

ChannelAdvisor

With a sophisticated digital marketing strategy powered by ChannelAdvisor, a leading specialty retailer that manufactures and sells its custom-designed products globally is gaining a competitive edge. Known as a major player in the industrial sector, this specialty retailer aims to become a household name synonymous with quality. With an expansive portfolio of products, the retailer’s customers run the gamut from the industrial sector to office park businesses.

Increasing Revenue from Email: The Definitive Guide for Fashion, Apparel and Specialty Retailers

Sailthru

It produces more ROI for retailers — an estimated 4300%, according to the Data & Marketing Association — than any other. So why wouldn’t retailers prioritize increasing revenue from email? Surveying 200 retailers, Sailthru found that 66% consider increasing revenue from email to their highest-priority metric. Understanding that is also key for retailers who are serious about increasing revenue from email.

October Retail Sales Report: Mixed Signals for Specialty Retail

Springboard Retail

Springboard Retail identifies mixed signals for specialty retailers in October's U.S. Retail Sales Data and aggregated Springboard Retail customer results. Retail Tips & Techniques Business of Retail

Leading Specialty Retailer Moves to ChannelAdvisor to Manage Amazon Advertising: Sees 2,500% Revenue Increase

ChannelAdvisor

With a sophisticated digital marketing strategy powered by ChannelAdvisor, a leading specialty retailer that manufactures and sells its custom-designed products globally is gaining a competitive edge. Known as a major player in the industrial sector, this specialty retailer aims to become a household name synonymous with quality. With an expansive portfolio of products, the retailer’s customers run the gamut from the industrial sector to office park businesses.

Francesca’s to Shutter an Additional 97 Stores

Retail Touch

The apparel and accessories retailer is seeking to sell both its brick-and-mortar locations and its ecommerce holdings. The retailer previously announced plans to close 140 stores and renegotiate a number of leases at other locations.

4 Supply Chain Analytics Capabilities For Specialty Retailers

Supply Chain Management and Analytics for Retailers

represent the radically changed customer base faced by specialty retailers. The post 4 Supply Chain Analytics Capabilities For Specialty Retailers appeared first on Solvoyo. Analytics Retail Supply Chain PlanningI have two millennial sons. They (and their girlfriends ?? They buy with vastly more […].

5 Black Friday Strategies You Might Not Have Thought Of

iQmetrix

Retail Marketing Featured Specialty RetailEven though our minds may be in the summer groove, we need to make room for the Black Friday strategies to start forming. When the long lines of customers are waiting patiently at your door, make sure you’re ready to satisfy. Here are 5 ways to ensure you have a successful holiday season.

5 Holiday Marketing Ideas for Your Retail Business

iQmetrix

While it may be the middle of summer, retailers are always thinking about their busiest season of the year: the holidays (and no, I'm not talking about any Christmas in July sales your team may be planning). No matter what you or your customers celebrate, October, November, and December prove to be the most wonderful—and most stressful—time of the year for retailers. Specialty Retail

The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

billion in sales, pet store retailers have a lot more reasons to celebrate the Year of the Puppy Love. All it takes for specialty store owners to thrive in current economic cycle is to have a reliable, seamless and smart end-to-end retail store management suit software like ChainDrive to help you clap along with happiness while managing your pet business operations in real time including the millions of Gift Cards which consumers will exchange and redeem at a staggering pace….

The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

billion in sales, pet store retailers have a lot more reasons to celebrate the Year of the Puppy Love. All it takes for specialty store owners to thrive in current economic cycle is to have a reliable, seamless and smart end-to-end retail management software like ChainDrive to help you clap along with happiness while managing your pet business operations in real time including the millions of Gift Cards which consumers will exchange and redeem at a staggering pace….

The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

billion in sales, pet store retailers have a lot more reasons to celebrate the Year of the Puppy Love. All it takes for specialty store owners to thrive in current economic cycle is to have a reliable, seamless and smart end-to-end retail management software like ChainDrive to help you clap along with happiness while managing your pet business operations in real time including the millions of Gift Cards which consumers will exchange and redeem at a staggering pace….

Department stores miss out on Fourth of July consumer attention

retaildive

Specialty retailers, while giving off-price retailers a run for their money, leaned on promotions to sway shoppers, according to Wedbush analysts

Cavender’s adopts TrueCommerce ecUtopia EDI solution

Retail Technology Review

TrueCommerce, a global provider of trading partner connectivity, integration and unified commerce solutions, has announced that Cavender's, a premier specialty retailer of Western and work footwear, apparel and accessories for the American South and Southwest, has adopted its TrueCommerce ecUtopia EDI platform to seamlessly collaborate with their entire supplier community and boost supply chain efficiency. Internet Retailing Retail Supply Chain

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Retail Pro International warns retailers against digital transformation ‘white elephants’

Retail Technology Review

Retail Pro International, provider of platform retail management software for mid- and top-tier specialty retailers, is warning retailers undertaking digital transformations that they may be left with white elephants if they fail to integrate with the existing ecosystem

Toys“R”Us: How out-of-stock situations are killing the toy giant

TradeGecko

Running out of stock is one of the worst things that can happen to a major specialty retailer. During the 2015 holiday season, Toys”R”Us experienced this first hand. For a company that has built its reputation on carrying the biggest range of toys and baby products, the prevalence of empty shelves has damaged their brand image. Insights & Analysis Inventory Management

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Backcountry Dives Deeper into Consumer Insights via Experience Management Platform

Retail Touch

As ecommerce sales continue to surge for recreation products, outdoor gear and clothing retailer Backcountry is elevating its digital game by mining customer data to deliver a better experience and offering.

Robling Releases Analytics Tools To Assist Reopening Retailers

Retail Touch

Robling is offering COVID-19 store reopening analytics for both essential and specialty retailers. The tools are designed to help retailers navigate operations during the pandemic with the environment’s special considerations in mind. Specialty retailers can use the dashboard to keep an eye on operations and inventory. The software flags exceptions and identifies surges, helping retailers quickly respond to issues to maintain a smooth reopening process.

Top Retail Industry Conferences, Markets, and Trade Shows – US & Canada

Springboard Retail

Grab your calendars—we've compiled the top retail conferences, markets, and trade shows in the US and Canada for various specialty retail verticals, from swimwear to pets. Events Retail Buying Business of RetailHave we missed one of your favorites? Leave us a comment below!

rue21 to Open 15 Stores in 2021

Retail Touch

Specialty retailer rue21 plans to open 15 stores in 2021, following the recent openings of three new brick-and-mortar stores. The retailer recently launched its rue rewards loyalty program, which already has more than 2.8 ” News Briefs design:retail News new stores Rue21

Work World Enlists Retail Site Selection Tools to Double Footprint

Retail Touch

Workwear and safety equipment retailer Work World is deploying a suite of tools from SiteSeer Technologies to select new retail sites as it doubles its footprint over the next three years through acquisition and the addition of new locations.

5 Ways the Right POS Simplifies Repair and Services Workflows

iQmetrix

More and more, specialty retailers offer additional in-store services—like repairs, alterations, or custom tailoring—to differentiate themselves from and offer more value than the competition. Think Best Buy’s Geek Squad, which positions staff as personal technology officers as opposed to sales associates, or jewelry stores that do repairs, cleaning, and maintenance in addition to sales.

Today's the Day: A Retailer's Guide to Holiday Preparedness

iQmetrix

iQmetrix’s resident specialty retail marketing expert, Sive O’Neill, recently posted a blog discussing marketing ideas for the upcoming holiday season. She made it clear that retailers should always be thinking about the seasonal rush of Black Friday and Christmas and planning ahead is the key to a profitable holiday season. Retail Operations

E-Commerce Retailer Generates a 17% Increase in Revenue

ChannelAdvisor

As a specialty retailer, this ChannelAdvisor customer takes pride in selling products that are in step with a busy lifestyle. . The specialty retailer knew it needed to speak directly to loyal shoppers, reach new customers and showcase its signature product line. The retailer’s leadership responded with an aggressive plan to achieve +15% growth in a fiercely competitive market.

Pottery Barn Partners With The Renewal Workshop To Market Refurbished Products

Retail Touch

The products are available on The Renewal Workshop web site , along with merchandise from other brand partners such as apparel companies Osprey and Carhartt and Coyuchi , a specialty retailer of cotton home textiles.

Skirting Bankruptcy, J.Jill Secures $15 Million To Pay Debts And Fund Business Plan

Retail Touch

While a raft of non-essential retailers have succumbed to Chapter 11 bankruptcy since the pandemic forced store shutdowns, J.Jill has reached a definitive agreement with its lenders to avoid that fate in an out-of-court settlement.

IR Top 1000 Retailer Achieves Digital Advertising and Omnichannel Revenue Growth

ChannelAdvisor

The following case study features an omnichannel retailer that leveraged the ChannelAdvisor Managed Services team to grow its digital marketing and in-store revenue — with a strong return on ad spend. This specialty retailer is an IR Top 1000 company that tossed the old playbook long ago and built its brand reputation on a unique store concept, attracting consumers across a diverse demographic. Retail is littered with cautionary tales of missed opportunities.

Will Department Stores Be History By 2030?

Retail TouchPoints

Last week, UBS analysts described Nordstrom as a “no-growth retailer,” one that hasn’t been able to fight off pricing perception and a cultural shift in consumer spending. Adam Blair, Editor: Predicting the future is a tricky business, and I would love to be proven wrong about this, but I fear department stores — at least as we know them — will be retail relics by the turn of the next decade.

Continuing Omnichannel Success Post-Holiday Season

Retail Touch

Post-holiday season for retailers is a period of recovery centered around understanding what happened during the holiday and how to move forward with the transaction cycle, while also preparing for ongoing omnichannel business. Analytics are absolutely critical for retailers post-holiday peak.

Will Wayfair’s Move Into Brick-And-Mortar Overcome Its Challenges?

Retail TouchPoints

Wayfair is the latest pure play making the move to brick-and-mortar retail , joining the long list of former online-only brands that have opened (or will open) physical stores, including Casper , Warby Parker , UNTUCKit , Adore Me and Allbirds. Given Wayfair’s competition in the home furnishings market (from specialty retailers like West Elm. as well as from big-box retailers like Target.

Retail Data Analytics Case Study: Specialty Clothier Identifies $2.3 Million in Sales Opportunity

Dynamic Action

Retail data analytics case study: One of the oldest apparel clothiers in the US, this specialty retailer has over 300 stores, worldwide distribution, and a strong online presence. Though the retailer could find places where they were spending resources and not getting results, it was difficult for them to identify areas where they weren’t focusing but had the potential for positive results. Case Study Resources data strategy retail case study

Leading department store chooses Bamboo Rose to revamp its backend

Bamboo Rose

Department stores have notoriously long, complex supply chains – take it from a leading specialty retailer with more than 30 brands offered in-store and online. Retail News case study cycle time department store merchandise PLMThe store’s brands, which should act as a cohesive unit, were acting independently of each other and using disparate systems to manage their supply chain processes. With the influx of […].

Viva La Retail: The Retail Renaissance Lives And Dies By The Connected Consumer

Retail TouchPoints

By Derek Peterson, Boingo Wireless A retail renaissance is upon us, driven by a shift in economics, competition and exponential advancement in technology, per a new report from Deloitte. Up to 90% of consumers use their phone while shopping in stores and retailers are increasingly enhancing digital transformation strategies to take advantage of the new mobile-powered shopping era across every vertical, from department stores and supermarkets to hardware, sports and specialty retailing.

The Top 5 E-Commerce Fulfillment Predictions For 2018

Retail TouchPoints

Massive retailers like Walmart or Target? Or highly-focused specialty retailers with a deep knowledge of their customers, supported by advanced analytics? By Andrew Atkinson, GrandCanals There’s something about the start of the year that brings out the crystal-ball-gazer in all of us, even though, as Nobel-prize winning physicist Niels Bohr once noted (seconded by New York Yankees Hall of Famer Yogi Berra), “Prediction is very difficult, especially about the future.”

As ‘Appointment Retailing’ Use Cases Expand, More Brands See Value

Retail Touch

Retailers such as Best Buy and Apple were two of the first to implement the model at scale, showing the value for businesses outside of luxury and specialty retail. Rethink KPIs: Footfall is a challenge for all retailers as social distancing guidelines remain in force.

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Will The Best Buy Rebrand Be A Better Look?

Retail TouchPoints

The rebranding comes after the retailer completed a significant turnaround, having bolstered its stock price more than 500% since Dec. The RTP team shares their thoughts on the Best Buy rebranding and whether other retailers should take similar approaches as the industry continues to evolve. Marie Griffin, Managing Editor: As the demise of Sports Authority and Toys ‘R’ Us shows, it’s not easy to survive as a big-box specialty retailer in the age of Amazon.