7 Critical Tips for Specialty Retailers in the Amazon Era

Retail Doc

Before I share how specialty retailers can survive and thrive, a question. Retail Sales Customer Service cash flow visual merchandising

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.

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Realizing the Potential Business-Specific Analytics in Specialty Retail (2021)

Retalon

Business Specific Analytics and AI for Specialty Retail. The word “retail” gets used interchangeably as if all retailers are all the same. Electronics and games retailers have presales and major demand spikes on game release days. Specialty-Specific Analytics.

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.

Emerging Trends That Will Move Commerce in 2022

Experts predict emerging trends in Supply Chain, eCommerce, and Customer Experience that will determine winners in commerce in 2022.

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.

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.

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.

Beyond the Headlines: Springboard Retail Finds Positive News for Specialty Retailers After September Retail Sales Report

Springboard Retail

Springboard Retail finds positive news for specialty retailers after a deeper look at the September retail sales report and aggregated Springboard Retail customer sales data. Retail Tips & Techniques Business of Retail

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 […].

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.

The Children's Place launches tween brand Sugar & Jade

Retail Dive

The specialty retailer is entering into the $8 billion tween apparel market with the introduction of its new DTC entity

Abercrombie & Fitch launches activewear brand, YPB

Retail Dive

With its new sub-brand, which stands for Your Personal Best, the specialty retailer is entering the crowded space of activewear

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. According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 on family members other than their spouses compared to $29.87

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. According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 on family members other than their spouses compared to $29.87

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

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

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

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

EDI 81

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

Toys 76

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 Retail

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.

New eMarketer Analyst Report: US Beauty E-Commerce 2022

ChannelAdvisor

This year, US cosmetics and beauty retail e-commerce sales will more than double 2019’s figures. Beauty brands and retailers can expect four key trends over the next few years: Continued Emphasis on Health and Well-Being.

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.

rue21 Expands Size-Inclusive Product Offerings to 36 More Stores

Retail Touch

Specialty retailer rue21 continues to invest in its size-inclusive product offering, extending its plus-size fashion to an additional 36 stores. In December 2020, the retailer also recruited retail executive Candace Kearney, who joined rue21 from plus-size fashion retailer Torrid.

PacSun Names Co-CEOs and New President

Retail Touch

PacSun has named Alfred Chang and Mike Relich as its new Co-CEOs, and promoted PacSun Chief Brand Officer Brieane Olson to President of the specialty retailer. All three executives are retail veterans with decades of experience.

Mattress Firm Files for IPO 6 Years After Going Private

Retail Touch

Mattress Firm has publicly filed for an IPO that will return the furniture retailer to the public markets six years after South Africa’s Steinhoff International took the company private.

Winning Windows Returns for 2021 Holiday Season: Nominations Now Open

Retail Touch

Department stores, specialty retailers and luxury brands alike embrace these spaces to create wondrous experiences and inspire shoppers, and it is the design and creative teams that help bring these experiences to life.

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.

Reports: Nike Cutting Ties With Six Retailers, Including DSW and Urban Outfitters

Retail Touch

Nike has reportedly closed its accounts with DSW , Urban Outfitters , Shoe Show , Dunham’s Sports , Olympia Sports and Big 5 Sporting Goods as the retailer pulls out of specialty retailers and department stores, according to Forbes and other media outlets.

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.

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

HBC Splits Saks OFF 5TH Into Online and In-Store Businesses — a Path Other Brands May Follow

Retail Touch

The department store retailer took a similar route by dividing Saks Fifth Avenue into distinct ecommerce and brick-and-mortar companies — a move that could become a trend among apparel and specialty retailers.

Other 60

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. Retail is littered with cautionary tales of missed opportunities.

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

RICE 2022: How Brands Can Turn Their Unique Expertise into Memorable Value Propositions

Retail Touch

As its name implies, Direct to Consumer (DTC) retail seeks to appeal directly to consumers with a brand they will recognize and seek out. But as this part of the industry grows more crowded, DTC retailers are finding it tougher to make their mark.

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.

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.

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.

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.