via BIZCOMMUNITY: At Spree, we have a huge appetite for innovation and making our customers’ shopping journey easy, fun and inspiring. With smartphone usage in SA as high as an estimated 29.2 million (51% of the population), more and more shoppers are making purchases on their mobile phones – and this …
Read More »E-Commerce Changing The Game For Brick And Mortar Businesses
via Forbes Middleeast: E-commerce accounted for 10% of total retail sales in the U.S in 2017, with Asia-pacific and China also witnessing double digit growth in the last year. In the GCC e-commerce is still at penetration stage and major investors are eyeing the opportunity to take an early lead in …
Read More »Retailers Closing Stores in 2018
via Kiplinger: Moody’s lead retail analyst Charlie O’Shea didn’t sugarcoat his outlook last year regarding retail store closings in 2018. He plainly said, “I think the early part of next year will be pretty bad … I think it will be tough.” He wasn’t wrong. Following approximately 7,000 total store closures …
Read More »Mobile Shopping Is Retail’s Biggest Traffic Driver, According to a Salesforce Report
via FN: Digital commerce continues to grow, and in no platform have we seen bigger disruptions than mobile devices. From interacting with brands through social media to adding items to their carts, consumers are increasingly using their phones to place orders and make purchases instead of shopping the traditional retail format. …
Read More »Retailer Insight: Why the Role of the Buyer Has Changed So Much
via Drapers : Julia Redman, head of buying for menswear, kidswear and homeware at value retailer M&Co, explains how the role of the buyer has evolved over her 25-year career. The role of the retail buyer has evolved and developed in ways I could never have imagined when I took my …
Read More »RetailNext: Contrary to Gloomy Reports, Retail Stores Far from Dead
Via PR Newswire : [SAN JOSE, Calif.] Retailers continue to face growing challenges with the rise of online retailing. RetailNext Inc., the worldwide market leader in IoT smart store analytics for optimizing shopper experiences, has found that 2017 brick-and-mortar retail sales continue to experience significant decreases, according to the company’s …
Read More »Key technology trends for retail managers in Hong Kong
Via South China Morning Post : Key technology trends for retail managers in Hong Kong How can retailers stay ahead of the digital revolution and the competition? Recently Amazon launched the world’s first no-checkout grocery store, which can detect what you take off the shelves, before charging you through your smartphone. …
Read More »Tokyo jazzes up retail scene to woo shoppers
Via Straits Times : Tokyo jazzes up retail scene to woo shoppers There is a new shine these days to Ginza, the luxury shopping district in Tokyo named after a silver coin mint in the 1600s. At least two new projects have sprung up this year, and three others are slated …
Read More »New refill technology could halve waste at retail
Via Fruit Net : Technology that automates shelf refill decisions will benefit grocery retailers by replacing ‘gut feel’ replenishment in stores Situations where produce is unavailable for customers or wasted as surplus could be cut by up to 50 per cent by using automated technology. Cloud software company Blue Yonder has …
Read More »Amazon Go Will Not Kill Retail As We Know It
Via Forbes : Amazon Go Will Not Kill Retail As We Know It Amazon is a company known for big ideas, and its executives are not afraid to use the market to determine if those ideas will succeed or fail. Where other companies test and refine and beat an idea …
Read More »How department stores can survive the retail crunch
Via Asia One : The secret to a successful department store is through the stomachs of shoppers. Retail experts think that food is the key to survival for department stores in Singapore. But they say that these one-stop-shops must also find a niche and stay nimble enough to evolve with ever-changing …
Read More »Brand Management and Retail Survival
Via Multi Channel Merchant : It’s been a tough couple years for retailers – many of whom are struggling through bankruptcies or turnaround efforts amid online competition and rapidly evolving consumer tastes. But at least one company is doing something that should catch the attention of other retailers: Abercrombie & Fitch, …
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