Markdowns help retailers move merchandise, especially seasonal or fashion items that are unlikely to sell at their full prices anymore. …
Markdowns Cost Retailers $300B Last Year
27 Wednesday Mar 2019
TidBit: IKEA Accelerates Services Drive as Competition Stiffens
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, …
Tycoon of the Pre-Owned
14 Thursday Mar 2019
Posted in Chapter 06: Retail Market Strategy
The RealReal is determined to make luxury part of the circular economy. Taking in high-end fashion and accessories from their …
Amazon’s Pitch to Woo Shippers: Fewer Fees than FedEx, UPS
11 Monday Mar 2019
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A small company, thrilled to get its products listed on Amazon, might face an unpleasant and unexpected surprise following its …
TidBit: Toys ‘R’ Us Plans a United States Comeback
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 …
Retailers Are Shopping for Ways to Get Rid of Checkout Lines
04 Monday Mar 2019
Grocery and convenience stores without cashiers or checkout lines appear to be an unavoidable eventuality. It’s how those stores ultimately …
Consumer Giants Spurn Risks to Chase Online Subscribers
26 Tuesday Feb 2019
Posted in Chapter 06: Retail Market Strategy
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If a consumer product goods (CPG) manufacturer can get buyers to subscribe to receive periodic deliveries of its products, the …
IKEA Takes on Manhattan with Showroom Coming this Spring
21 Thursday Feb 2019
Posted in Chapter 08: Retail Locations
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Furniture shoppers in Manhattan cannot visit the new IKEA outpost to purchase a bureau or bed to take home. Instead, …
Start Buying Furniture the Millennial Way—or Risk Missing Out
18 Monday Feb 2019
Retail practitioners and academics have long relied on a simple segmentation concept: For some products, consumers demand to be able …
Hate Shopping? New Texting Services Will Simplify Your Life
15 Friday Feb 2019
Convenience and accessibility are key drivers of consumers’ behavior, never more so than today, when they expect to be able …