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In the fashion industry, the power of the halo effect has remained nearly unquestioned: Fashion brands introduce cutting-edge, daring looks …
22 Monday Apr 2019
Posted in Retail Tidbits
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In the fashion industry, the power of the halo effect has remained nearly unquestioned: Fashion brands introduce cutting-edge, daring looks …
10 Wednesday Apr 2019
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For big retailers, operating in omnichannel environments, accurate inventory assessments would require nearly constant reviews by human staffers—and even that …
20 Wednesday Mar 2019
Posted in Chapter 18: Customer Service, Retail Tidbits
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The first acquisition IKEA ever made was one that might seem antithetical to its essential value proposition. It purchased TaskRabbit, …
08 Friday Mar 2019
Posted in Chapter 18: Customer Service, Retail Tidbits
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Can toys, and their retail brands, come back to life? Investors who purchased the remaining assets of Toys ’R Us …
07 Thursday Feb 2019
Posted in Retail Tidbits
Both Kroger and Walgreens have been aggressive in their efforts to find new ways to remain competitive. In their latest …
26 Wednesday Dec 2018
Several of the greatest retail challenges—dealing with theft, finding good employees—might be addressed by one philosophical concept: the honor system. …
12 Wednesday Dec 2018
Posted in Chapter 13: Buying Merchandise, Retail Tidbits
Walmart wants to make a little of everything available for everyone. Continuing its trend of featuring dedicated, virtually separated stores …
30 Friday Nov 2018
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The battle for drugstore consumers is really heating up, as various chains add new and innovative services and products to …
20 Tuesday Nov 2018
Posted in Retail Tidbits
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According to its patent applications, Walmart wants to go virtual. Even if the novel technologies are years from being functional, …
16 Friday Nov 2018
Posted in Retail Tidbits
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First it was Amazon; now it is Jet.com (owned by Walmart). Nike products are showing up in all sorts of …
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