Posts Tagged ‘Retail’

Earlier this month, Amazon announced they were going to have a “Black Friday” sale on July 15th for their Amazon Prime members. Their announcement caused other retailers to quickly whip up potentially matching sales to push consumers to start their spending habits a bit earlier. As a prime member, I was definitely excited to see […]

Back-to-school shopping season struggled in 2014 with the slowest sales growth since 2009 and with retail sales dipping .3% last month (Commerce Department report), the industry is off to a challenging start for 2015.  With families spending about 5.8% less on BTS items this year, NRF projects that 2015 BTS spending will drop from last […]

The food and beverage category is the largest retail category in the United States at $600 billion per year, Business Insider reports[1] and technology has transformed the way consumers purchase things in many industries. iTunes allows consumers to gather music and purchase music from wherever they are, Amazon gives shoppers the ability to view, select and […]

Over the past decade, social media has been utilized by retail and brand marketers to engage with customers, market products and sometimes even to make merchandising decisions. Social promotions, content marketing, sponsored posts and customer reviews are carefully engineered to build consideration, awareness and intent to gain and retain customers. However, now merchants are adding […]

In the past year, we have seen a lot of online stores expand into the offline realm. As everything seems to be going digital, why are ecommerce sites developing brick-and-mortar stores? For starters, 90% of all sales occur in a brick-and-mortar setting.  AND 95% of all retail sales occur amongst retailers that have some sort […]

The strategy is complete, implementation of the mobile application and analytical system is finished, data scientists are providing useful analytical research.  But is your enterprise getting the value out of your digital transformation investments? A company’s culture, people, and business processes usually provide the largest barrier to realizing the value from digital investments.    Yes, we […]

The way people shop is different than the way it used to be. A shift towards an integrated shopping experience requires execution and fluidity across store and digital channels.  To support an omni-channel customer experience, business must work through disconnected systems to quickly serve customer demands. In the face of IT Modernization, organizations must consider […]

Earlier this week, I attended NRF Retail’s BIG Show 2015 in NYC. Wow – what an incredible show in an incredible city. It was my first trip to both NRF and also NYC. I can’t imagine a better place for Retail’s Big Show to be hosted. There is so much to take in including the size, multiple vendors […]

JH: So, Michael, speaking of the NRF, you said it was “BIG” – truth or fiction, then? MF: Bigger isn’t always better, but this year it’s true. And what a difference a year makes! More traffic, more energy, and conversations that are going to change everything. But I speak with hyperbole, and you are the master […]

I am on my way to New York City tomorrow! The National Retail Federation, NRF, begins every new year with its ”Big Show” starting Saturday and running through next Wednesday. And while the Consumer Electronics Show, CES, held in Las Vegas just ended this week, if you’re a retail fanatic, as I am, NYC is the […]

We are officially into the 2015 year and before we begin to discuss what are going to be the top trends in the Retail & Consumer Products industry for this year, lets take a look back at a few trends that really gained momentum and came out on top in 2014! Personalization & Relationships  Technologies like […]

Christmas has come and gone and with that the New Year is fast approaching.  Where did 2014 go?  As we look ahead into 2015, I thought I would give our readers a view into our year in the Consumer Markets practice at some of the industry highlights and content produced this year.  Stay tuned for […]