Traditional brick-and-mortar retailers don’t have a lot going for them these days. On the one hand, high unemployment and stagnant wage growth is sapping the purchasing power of the average consumer, and on the other, the rise …
Future of Retail
Could ‘Showrooming’ Actually Be Good for Brick-and-Mortar Retailers?
Stores hate it when shoppers scope out merchandise in person, only to whip out a smartphone, shop around, and ultimately make the purchase elsewhere. Yet could this practice, known as “showrooming,” wind up helping retailers, …
Poll: Is it Okay for Retailers to Track Customers’ Shopping Behavior While in Stores?
If you’ve done any shopping online, you probably know the feeling: You pick out, say, a pair of shoes online, put them in your virtual shopping cart, but then for some reason change your mind. Afterwards, it seems that every site …
Future of Retail: How Companies Can Employ Big Data to Create a Better Shopping Experience
You don’t have to be a management consultant to know that we are all besieged by information, but it’s the consultant’s job to come up with a snappy buzzword to describe the phenomenon, and they have settled upon the …
PayPal-Discover Pact Boosts Mobile Payments Momentum
The mobile payments/digital wallet drama now unfolding is fascinating for three reasons: First, paying with your mobile phone is the most fundamental shift in retail commerce since the credit card was invented 60 years ago. …
The Big-Box Electronics Retailer That’s Actually (No Joke) Growing
Contrary to the industry norm, electronics retailer hhgregg is quickly expanding at a time when its rivals are shutting stores
Reports of the Shopping Mall’s Death Have Been Greatly Exaggerated
There are few more enduring symbols of American consumerism – or American culture in general – than the shopping mall. The first modern, fully enclosed mall, the Southdale Shopping Center, was built in Edina, Minnesota – …
Will Amazon Take Over the World?
Amazon is poised to integrate itself in Americans’ lives in ways that no other company is capable.
The 10 Fastest-Growing Retailers in America
A look at the ten retailers who are growing their top lines the fastest, and how they’re achieving their success.
Is Apple Underpaying Its Retail Employees?
If there is any company that can be said to be on the cutting edge of retail, it’s Apple. Yes, the Most Profitable Company in the World has come to be one of the most admired names in business not only because of its …
Future of Retail: Companies That Profit By Investing in Employees
Ideally, a capitalist economy is constantly becoming more efficient. The benefits of that newly gained efficiency, however, are not always uniformly distributed. Sometimes it goes to business owners in the form of higher prices, …