by admin | Mar 20, 2022 | Resources, Retail Strategy
Before I share how specialty retailers can survive and thrive, a question… Have you ever played Jenga? It’s a game where players take turns removing one block at a time from a tower constructed of 54 blocks. Each block removed from the bottom is then placed on...
by admin | Mar 19, 2022 | E-Commerce, Internet, Retail Strategy, Retail Technologies
Credit: Getty Images by Suppasit Chukittikun Buy now, pay later (BNPL), a modern answer to retail layaway, is having a moment as a key payment option for online shoppers. It’s simultaneously soaring in popularity and finding that celebrity inevitably...
by admin | Mar 16, 2022 | E-Commerce, Internet, Resources, Retail Strategy, Retail Technologies
Credit: Getty Images by the_burtons Retailers and e-commerce players struggled with everything 2021 had to offer, from supply chain issues, delayed inventory, empty shelves, and a scarcity of talent. Based on close work alongside e-commerce and retailers and market...
by admin | Mar 13, 2022 | HR, Retail Strategy
Prior to its opening, I was asked to visit a franchise to evaluate the new crew. I discovered the team members were bland, boring, and reticent. None of them were customer-focused. Without that focus, in particular, the store would fail disastrously. When I asked...
by admin | Mar 10, 2022 | HR, Resources, Retail Strategy
COVID-19 continued to make its presence known across industries in 2021. While businesses successfully adapted their work environments, many struggled to keep employees engaged, or even retain them, as well as find new employees to hire. Eighty-five percent of...
by admin | Mar 6, 2022 | News, Retail Strategy, Retail Technologies
Rihanna’s intimates brand, Savage X Fenty, opened its first physical store at Fashion Show Mall in Las Vegas, Nevada in January. Four more locations are scheduled to open in the next few months in Los Angeles, Philadelphia, Washington D.C., and Houston. The...