Blog Profile / Retail Technology Blog
| URL : | http://retail-tech.blogspot.com/ | |
|---|---|---|
| Filed Under: | Industries / Retail | |
| Posts on Regator: | 288 | |
| Posts / Week: | 1 | |
| Archived Since: | March 5, 2008 | |
Blog Post Archive
Is Big Data really worth the hype?
Read this: Wal-Mart Stores, struggling to translate its brick-and-mortar success to the Web, is using free software named after a stuffed elephant to help it gain an edge on Amazon.com in the $165.4 billion U.S. e-commerce market. With...Show More Summary
Macy’s fighting with JCP over Martha Stewart
There is something about J.C. Penney mall-within-a-mall strategy that I am not able to see but something Macy’s CEO Terry Lundgren can do and he is really wary about the same. Macy's CEO testifies in fight over Martha Stewart Macy's Inc. Show More Summary
Mall-within-a-mall strategy of JCPenney
Todd Ganos of Forbes writing about the new store format J.C. Penney is rolling out, the one of multiple stores within JCP store. If one walks into most any big-name retailer – Macy’s, Nordstrom, etc. – you will typically find the beauty products on the entry level. Show More Summary
In-store Video Analytics Solution for Retailers
This week LightHaus, a provider of Visual Customer Intelligence (VCI) solutions for retail enterprises and chain stores, announced that Foot Locker became their latest customer to deploy LightHaus VCI solution. Foot Locker will be using the solution to measure customer traffic and sales conversion rates at all of its Champs Sports stores in the U.S. Show More Summary
Finally, India Backs Foreign Investment in Retail Sector
In a big move, the Indian government on Friday cleared the proposal to allow up to 51% Foreign Direct Investment (FDI) in multi-brand retail. The government has allowed the FDI on the condition that states will be allowed to decide whether they want to opt for it. Show More Summary
Retail Roundup, Aug 6, 2012
Big Data Analytics Brick and Mortar sores have lagged their online counterparts in understanding what the visitors to these stores are doing. Now thanks to companies like RetailNext, brick-and-mortar retailers can take advantage of the Big Data revolution to measure and improve stores just like the e-commerce sites do. Show More Summary
JC Penney tweaks pricing strategy again
JC Penney tweaks pricing strategy again J.C. Penney is changing its pricing - again. Just six months after the mid-priced department store chain got rid of the hundreds of sales it offered each year in favor of everyday lower pricing, it is reversing course. Show More Summary
Retail Roundup, July 21, 2012
Retail Partnerships The luxury retail chain Neiman Marcus has partnered with discounter Target to offer a limited collection of items from 24 American designers ranging from fashion houses including Diane Von Furstenberg, Derek Lam, Rodarte and Tory Burch and which will retail at $7.99 to $499.99 and average $60. Show More Summary
Retail Roundup, July 17 2012
PSFK Future of Retail The PSFK Future of Retail Report is out which captures and contextualizes early stages of a seismic shift that is changing the face of the retail landscape. Big box retailers like Best Buy and Walmart are beginning to feel the heat as sales decline in the face of stiffer competition from e-commerce giants like Amazon. Show More Summary
Retail Weekly Roundup (1-July-2012)
2012 Future of Food Retailing Report (Needs registration) With the U.S. economy experiencing slow growth, persistent unemployment, and stagnant household incomes, consumers are moving toward extremes. Cost-conscious shoppers continue to seek extreme value and acceptable quality or better at low prices. Show More Summary
Retail Weekly Roundup (23-June-2012)
Retailers using pent-up cash; 58% plan to increase capital spending, with IT No. 1 priority While waiting for the recovery to take the hold, 58% plan to increase capital spending over the next year. The highest priority investment area...Show More Summary
Retail Weekly Roundup
Here’s what I am reading right now. Retailers feast on free Facebook tools, shun ads Krishan Agarwal, president of online luxury watch vendor Melrose.com, told a roomful of attentive Internet retailers last week how Facebook had helped his company generate about 25 percent more sales in two years. Show More Summary
JCPenney says NO to “No Sales” Promise
Look at the bright side, it took all of one quarter for JCPenney to revert back. Penney tries to clarify message on pricing change J.C. Penney Co Inc is bringing back the word "sale" in its advertising in hopes of stemming a sharp slide in business. Show More Summary
Apple turns over its inventory once every five days
Wow! Apple Turns Over Its Inventory Once Every 5 Days Apple turns over its inventory once every five days. That's part of why a new report from the technology research firm, Gartner, ranked Apple's supply chain the best in the world....Show More Summary
Some Retail Email Marketing Stats
Wall Street Journal quotes research by marketing-technology company Responsys Inc on the Emails being sent by Retailers. Some great facts in there: In 2011, the nation's top 100 retailers by e-commerce revenue sent recipients an average of 177 emails apiece, up 87% from 2007 Neiman Marcus Group Inc. Show More Summary
2 second rule does not apply anymore
Gone are the days when online shoppers would wait for 2 seconds for your website to load, now they will switch at the blink of an eye. For Impatient Web Users, an Eye Blink Is Just Too Long to Wait People will visit a Web site less often if it is slower than a close competitor by more than 250 milliseconds (a millisecond is a thousandth of a second). Show More Summary
Sears Plans to Sell Stores
Sears is planning to sell stores to raise around $800 million this year but the problem lies in the fact, they will be forced to part ways with their most profitable stores. Tough times ahead. In a Gamble for Cash, Sears Plans to Sell...Show More Summary
Starbucks enters India with a 50:50 JV with Tata group
Starbucks is set to enter India with its 50:50 joint venture with Tata Global Beverages, a part of Indian conglomerate Tata Group. The plan is to open outlets in New Delhi and Mumbai by as early as August/September timeframe. It will be interesting to see how this JV fares in a country where Tea (or chai as Indians call it) rules supreme. Show More Summary
What JCPenney needs?
There was a lot of song and dance by Ron Johnson, the new CEO of JCPenney and his crew in New York announcing the new JC Penney or JCpenney as it would be called now. Read “The 6 Ways Ron Johnson Plans To Transform JC Penney Into 'America's Favorite Store” to get a dope on what was discussed. Show More Summary
Microsoft's vision for intelligent systems in retail
In the recently concluded 2012 Consumer Electronics Show in Las Vegas and National Retail Federation conference in New York, Microsoft demonstrated their vision for Smartstore. The demo included a socially enabled virtual dressing room application called Swivel by FaceCake which is powered by Kinect device. Show More Summary