Forbes Leadership

NOVEMBER 3, 2022

On November 2nd at the Northwestern University Retail Robotics and AI Conference, grocery industry thought leader Ron Lunde presented on shifts occurring in Retail and using AI and analytics to make the future part of the present.

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Forbes Leadership

NOVEMBER 3, 2022

Retail rules changed, chalked up to what industry experts lable—‘because of’.COVID-19, COVID-19, because of surging inflation, because of labor shortages, because of supply chain issues, because of new competitive challenges—and my favorite (and most important) because of shifting consumer preferences.

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Kotter Inc.

FEBRUARY 16, 2023

The post The Retail C.E.O. Pipeline Is Running Dry appeared first on Kotter International Inc.

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Forbes Leadership

JANUARY 22, 2023

2022 brought on a lot of challenges for the retail industry – from labor shortages to supply chain issues, the industry had a lot to overcome. Let’s take a look at what is predicted to change and advance in the retail sector this new year.

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Forbes Leadership

FEBRUARY 28, 2023

We know retailers have clued into the value of in-store advertising for enhancing the customer journey. But offering shoppers targeted content designed to deliver the most relevant content, enabling customers to discover new products and make purchase decisions, is hard to execute.

Advertising 85

Advertising 85

Forbes Leadership

AUGUST 31, 2022

The need for retailers to reach value-conscious consumers with promotional content is harder than ever, due to changing media consumption habits and increased print costs. This represents an opportunity for retailers to take advantage of digital channels to evolve the distribution of this content.

Media 72

Media 72

Forbes Leadership

JULY 29, 2022

Technological advances have already been making major strides in altering the retail landscape, the changes brought on by the pandemic further impacted the retail industry as we know it. Today, convenience and safety are at the forefront of driving consumer shopping decisions.

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Forbes Leadership

AUGUST 31, 2022

So how is this social media platform impacting the retail industry? Let’s take a look at the future of retail in the TikTok era. During the fourth quarter of 2021, TikTok reached a total user spending of 824 million U.S. dollars on Google Play and the App Store.

Media 82

Media 82

Forbes Leadership

DECEMBER 27, 2022

As many retail stores had to shut their doors for good, and many others struggled with lower traffic, reduced sales, and payroll cuts, small-format stores became more popular with retailers.

Sales 77

Sales Sales 77

Forbes Leadership

DECEMBER 12, 2022

Amazon One can be as important for retail as One-Click was for ecommerce.

eCommerce 97

eCommerce 97

Forbes Leadership

SEPTEMBER 14, 2022

Given what we think we know, would it surprise you to learn that retail sales in 2021 were actually up more than 10% over the previous year, topping $4.44 trillion?

Sales 78

Sales Sales 78

Forbes Leadership

MAY 11, 2023

As the retail industry rapidly consolidates, and retail giants like Wal-Mart, Target and Amazon dominate market share across the board, small to medium-sized retailers need to act now. These smaller retails must solidify digital customer relationships and build new margin-rich revenue streams.

Revenue 52

Revenue Marketing 52

Forbes Leadership

MAY 25, 2022

With the effects of the global pandemic playing out for the last two years, retailers were forced to accelerate their digital transformation efforts. Now with inflation on the rise, can digital technology help battle rising prices while delivering better customer experiences?

Digital Transformation 84

Digital Transformation 84

Forbes Leadership

AUGUST 11, 2022

Today’s shoppers are interacting with retailers on their phones, through social media, websites and countless other modes. This “unboxed” reality no longer requires traditional retail footprints.

Media 81

Media 81

Forbes Leadership

DECEMBER 27, 2022

With payroll budget cuts and a dip in sales, both brought on by the pandemic, retail store operations took a hit. Yoobic, a task management solution for frontline workers, outlined five solutions for streamlining store operations and elevating store performance.

Operations 77

Operations Sales Sales Manager 77

Organizational Development Solutions

MAY 24, 2019

Clearly this was the last thing the retailer wanted. This article focuses on unconscious bias and racial profiling in retail settings. Racial Profiling in Retail. Forest Whitaker, Oprah Winfrey, Barack Obama have all experienced racial profiling in retail settings. The shopper turned on her cellphone video camera.

Organizational Development 130

Organizational Development Inclusion Diversity Compensation 130

Help Scout Leadership

DECEMBER 15, 2023

In this article, we’ll take a closer look at omnichannel retail, discuss successful (and not so successful) examples, identify emerging trends, examine its impact on customer experience, and recommend ways you can effectively measure its success. Read the full article

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Forbes Leadership

NOVEMBER 13, 2022

The holiday shopping season is the busiest time of year for retailers, and it's also a time when they have access to the most information about their customers' online behavior. If you're a retailer with an e-commerce site, you can use clickstream data to boost sales during this peak season.

Sales 79

Sales Sales 79

Harvard Business Review

DECEMBER 1, 2022

Every organization across the supply chain should rely on retailers’ forecasts of end-customer demand.

Operations 99

Operations Manager 99

Forbes Leadership

MAY 25, 2023

In this article, I will outline six ways to learn what retailers need to know to succeed in 2023 and beyond.

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Forbes Leadership

AUGUST 17, 2022

The challenges that retailers face every holiday peak season have been exacerbated by the Covid-19 pandemic, which accelerated the trend towards online shopping and highlighted weaknesses in the supply chain.

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Forbes Leadership

FEBRUARY 15, 2023

As a result, retailers that get pricing right and communicate value are in the driver’s seat. The decision of where to shop is a personal one for consumers. And after years of record-high inflation, who can blame consumers for being less brand loyal and more price conscious than before?

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Forbes Leadership

AUGUST 5, 2022

What are the most prominent food and beverage trends in retail and foodservice today? And what steps can you take to address them better?

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Forbes Leadership

JANUARY 27, 2023

2023 is looking up for the retail sector with an influx of new store openings.

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Forbes Leadership

AUGUST 12, 2022

To get the most out of their front-line teams, to keep them engaged and to ensure they’re willing to stay around, retailers should take proactive measures. Here’s how they can do just that.

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Forbes Leadership

SEPTEMBER 19, 2022

Agility, hyper-personalization, and a range of other actions are what put the fastest-growing retailers on top—and will most likely be what keeps them there going forward.

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Forbes Leadership

FEBRUARY 23, 2023

Retail technology has experienced a massive boom recently that has changed the industry forever. Brick-and-mortar retailers are investing more in these tools and platforms to ensure steady revenue flow and better store management.

Revenue 71

Revenue Manager 71

Forbes Leadership

JUNE 10, 2022

SoundCommerce is the retail data and intelligence platform that connects and models marketing, operations and merchandising so retailers can optimize order and shopper profitability across all business functions. The company was co-founded by Eric Best and Jared Stiff in 2018.

Operations 80

Operations Marketing 80

Forbes Leadership

JULY 19, 2022

Leading organic and clean children's snack brand, Yumi, is expanding into retail across Target's nationwide.

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Forbes Leadership

SEPTEMBER 7, 2022

Over the past year and a half, retail media networks have dominated ad spend, surging over 53% in 2021 to top $31.49 As these networks continue to scale and retailers sharpen their advertising strategies, brands are paying more attention to the power of data collaboration.

Media 63

Media Advertising Scaling 63

Forbes Leadership

JANUARY 3, 2023

Nearly every retailer has begun to reinvent itself as a hub of brand advertising.

Advertising 64

Advertising 64

Forbes Leadership

JUNE 1, 2023

The question every retailer is asking themselves is simple: how do we survive deflation in the back half of this year and into 2024?

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Forbes Leadership

JULY 28, 2022

Prime Day 2022 raised the question: what does the continued success of the 48-hour sales extravaganza reveal about retail in the upcoming holiday season? In addition, does the U.S. inflation rate skyrocketing to 9.1% in June 2022 (the highest in the last 40 years) impact what’s to come?

Sales 79

Sales Sales 79

Forbes Leadership

MARCH 1, 2023

Avoid making these seven mistakes to craft a stronger, more resilient retail strategy for your product business.

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Forbes Leadership

JULY 30, 2022

An interesting white paper by Zipline discusses how retailers count on their store employees to implement new technology, launch initiatives, engage with customers and work efficiently. And therefore, the success of these initiatives hinges on their frontline employees.

Implementation 71

Implementation 71

Forbes Leadership

JULY 1, 2022

If retailers want to know what consumers want, they have a time-tested way to find out — by consumer testing products and prices before committing precious capital.

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Chief Executive

JUNE 15, 2023

Interestingly, one way that Pape has kept Xpel focused and increasingly successful is by maintaining its heavy emphasis on sales and retailers while farming out manufacturing of its products to contractors. We go deep with our [retailer] customers and provide a lot of value. Only now is Xpel considering doing its own production.

Sales 52

Sales Sales Marketing Small Business 52