Online shopping has made the challenging task of attracting shoppers into your brick and mortar location a tad more difficult. As AI and Amazon continue to simplify the way in which we fulfill anything from supplies to wardrobe, going to the store should be a memorable brand experience rather than a chore.
Since its inception e-commerce has been threatening to steal sales from brick & mortar merchants. Evidently, it has, but there's one advantage that physical store owners can take from online merchants- using sales data to identify the best selling products to integrate into their merchandising strategy.
Breakfast at Tiffany's? Holly Golightly had hers outside while window shopping, but now you can actually have yours inside the store! The famed retailer recently opened a cafe at its flagship location in Manhattan, following an ongoing trend of retailers offering in-store dining experiences for shoppers.
If you are looking for inspiration to design your pharmacy business, here are 10 images of contemporary pharmacies in Spain, to get your creativity flowing!
I'm sure that you have noticed how all major retailers offer their own value product alternatives for popular name brands; 365 by Wholefoods, Target's Up & Up, Just the Basics by CVS, and Costco's Kirkland Signature, to name a few, are perfect examples of successful private labels.
Last year Nielsen reported that the total market size for private brands was set at $150 billion, claiming an 18.4% dollar share, where one out of every five products purchased by consumers in supermarkets consisted of private label, making these an excellent opportunity to increase profits and strengthen your store's shoppers' loyalty.
Remember that 1987 romcom film where Kim Cattrall embodies "Emmy" a mannequin that comes to life only for her lover? I saw it as a kid and it certainly influenced my perception of mannequins as sort of magical beings.
You have been thinking about opening a store for a long time. Is it a thought that has been lingering for a while but you have no idea on how to begin? That aside you certainly posses the right personality, motivations, and experience to own a retail business... Well, the good news it that it might be easier than what you may think, but like everything worthwhile in life it does require plenty of work.
There has been a lot to say about the customer experience lately... The retail industry is going through a massive shift dictated by the digitization of today's consumer habits. If you want to keep the customers coming back to your physical retail space, an exceptional shopping experience is a must!
We are always striving to stay on the loop about the retail industry to remain relevant in our business approach to customers.
This week we followed the Retail Innovation Conference in New York. On Monday the #RIC18 jump started the week presenting how disruptive brands & innovative thinkers are raising the bar, and the most important message for retailers was to rethink the customer experience.