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Think Tank
Retail: Page 244
Holiday Spending Looks to Match, if Not Exceed, Last Year's
A majority of consumers surveyed say they are likely to spend more and sooner on holiday shopping than in 2015.
Airline Business Can Teach Pharmaceutical Industry About Value of Social Media
Airlines are known for their quick and effective social media responses, often helping stranded and annoyed passengers in real time. But while pharma companies can't solve problems instantly with a reroute or seat change, they can definitely look to airline's social media savvy for inspiration, one industry consultant says.
How a Leading Brewing Company Went From Zero to Hero
Challenge: A leading brewing company with over 400 distributors was not able to meet retailer demands for automating critical supply chain processes from purchasing to replenishment. At the threat of losing precious retail shelf space, the brewer undertook a journey that would transform its manual processes to an industry-leading B2B integration program, which now has retailers calling it for supply chain advice.
Software AG Teams With Detego for Retail Analytics, Visibility
Software AG is partnering with Detego, a vendor of business intelligence for the fashion industry, to provide retailers with item-level merchandise location, visibility and analytics in real time.
Online Sales of Shoes to Run Far Ahead of Past Brick-and-Mortar Business
The shoe-store industry is expected to flourish in coming years, but online sales will significantly surpass brick-and-mortar retailers, according to Madeline Hurley, IBISWorld retail industry analyst.
Grocers Must React to Consumers' Omnichannel Shopping Habits. Study Suggests
Quick grocery trips - those "I need it now" excursions - account for two-thirds of shopping visits and one-third of grocery expenditures. And these trips are not made at one store or even one channel. In fact, there is a major shift in how consumers are approaching grocery shopping, because they are spreading their money across more channels and formats as they shop to fulfill their needs.
Walmart Buys E-Commerce Startup Jet.com - But Can It Catch Amazon?
Wal-Mart Stores Inc. might be running a distant second to Amazon.com Inc. in the e-commerce race, but it's spending billions of dollars to close the gap.
Expect to See Increased B2B Online Sales of Electronics
Electronics OEMs are leading the charge in e-commerce with electronic goods expected to be one of the fastest-growing sectors. Even as they buy products online for home, these same individuals want to make buys for their organization as well.
Old Tech Can't Help Re-shored Businesses, But Robotics May
When companies bring products back from off-shored manufacturing operations, such as China, the processes cannot be simply dropped back into place and configured with the same old machines and process flows from 20 years back. Most re-shoring operations include new and upgraded equipment, software and, in some cases, advanced automation that includes collaborative intelligent industrial robots.
Digital Technology Pumps Up Sales of Luxury Brands
It may not be widely recognized as such just yet, but digital technology is probably one of the best things to happen to luxury brands in a long time.
Halloween Spending to Be Huge Treat for Retailers This Year
Americans are looking forward to splurging on their favorite candy and costumes this Halloween season. According to the National Retail Federation's annual survey conducted by Prosper Insights & Analytics, total spending for Halloween is expected to reach $8.4bn, an all-time high in the survey's history.
Walmart Shrinks Delivery Window; Turns Up Pressure on Suppliers
The requirements for being a supplier of Wal-Mart Stores Inc. just keep getting tougher.
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