“Within a week, almost 40 percent of the vendors were refusing to ship toys and other products without immediate cash payment and in some cases, payment of all outstanding obligations. The vendors faced pressure at their end, too, as their […]
Right after Amazon closed on its acquisition of Whole Foods, they made big news by slashing some prices. I think it was more a PR move than a retail strategy, and it apparently worked. Data from Foursquare Labs Inc shows […]
The author of this post makes an interesting, albeit premature (in my opinion), claim that retailers should be threatened by the changes that Augmented Reality and Virtual Reality will make to the shopping process. I see home furnishings as a […]
A couple in New Jersey is facing criminal charges for attempting to obtain almost $275k worth of goods via Lowe’s website without paying. They managed to get $13k, and tried to sell it on Facebook. The interesting question is: did […]
There’s a lot to disagree with in this perspective by a senior leader at Starcom, but there’s also a lot worth reading. My perspective: brands will be relevant for a long time to come, but what brands represent and how […]
Sometimes it’s easy to get myopic, forgetting that there are many great retailers outside of the US market. This Bloomberg article highlights A.S. Watson Group, which plans to open 1,400 stores this year – a third of them in China. […]
Buy Online Deliver From Store (BODFS). The acronym sucks, but the service is a big deal. Now the retailer has digitized everything about it to make it even more efficient. |learn more
Remember when retailers like Best Buy were getting clobbered by Amazon because people would look at products in store then buy online for less? Now, Amazon holds a patent for tech that prevents the practice called showrooming. While this author […]
Some years back, I heard a story about the McDonald’s in Williston, ND (home of the somewhat recent oil boom). The manager would drop by the oil workers’ camp in the AM to pick up dinner orders, then drop them […]
The Atlantic definitely grabbed my attention with this headline. The article is all about how websites (and even vending machines) are using dynamic pricing to capture as much of the price/demand curve as possible. | learn more