For decades retailers have been managing their merchandise assortment, planning, and allocations based on prior sales numbers, emerging trends, store profiling, and overall demand. With continued access to richer data, retailers have never been more informed about their business. Analyzing […]
Reverse Engineering Is the Future of Retail Planning Read More »
The supply chain has dominated the retail and business news for the last five years. From container shortages and factory closures to geopolitical unrest, labor challenges and now energy and inflation-induced assortment availabilities, source-to-shelf professionals have never been more challenged
Streamlining the Supply Chain Read More »
There are many terms associated with doing business across multiple platforms, multi-channel, omnichannel and unified commerce to name a few. But just because a retailer opens up shop, literally as brick and mortar, or online or on a social platform
The Top Three Challenges with Omnichannel Retail Read More »
Retailers have always been at the forefront to meet consumer needs. Successful retailers know their markets intimately and have adapted to meet new customer trends. Being consumer-dependent, retail has transformed its branding over and over from Burma-Shave road signs to
Is It Time for a Return of the Catalog? Read More »
There are a few significant advances in technology that exponentially transformed how we live and work. The personal computer, the mobile phone, remote meeting platforms, the internet/ecommerce and now the metaverse, just to name a few. Much of the conversation
Couch Potatoes Unite: The Future of Food Shopping Is Almost Here Read More »
Over the last three years retailers and brands were faced with both opportunistic initiatives and post-pandemic obstacles. The industry unilaterally and almost instantaneously became aware of how the overall business model was changing. Consumer behaviors and demands have forced a
2023 Retail Strategy Outlook: People, Processes and Platforms Read More »
For decades talent, past sales and gut instinct drove retail assortments. Gurus who could interpret the market and build a merchandising strategy ruled fashion alongside of visionary designers. Key business inputs came down to three basic questions: Who is the
Never Rely on Assumptions Read More »
Each fall the retail industry and news networks chime in with Q4 predictions. This year, especially with looming mid-term elections, continued post-pandemic pressures and rising global energy/supply chain costs, the predictions are even more vital. Industry reports commonly predict a
Holiday 2022: Merry? Or Not So Bright? Read More »
Like everything else in retail, the role of the Chief Information Officer has transformed over the years. What was once a focus on managing information technology and systems has evolved into an active cross-functional management and leadership role that touches
A Playbook for the Modern CIO Read More »
Today, retailers are facing complex challenges from supply chain, logistics, and product sourcing to shortages of labor and growing costs. In addition to the economic issues, consumers continue to place demands on retailers focused on their DEI and sustainability strategies.
The Hybrid Work Environment: A New Path for Retailers Read More »
