Department: Consumer Durables

  1. Department: Consumer Durables

How to Leverage Your App to Get More Customers

The past two years have already, most likely, accelerated your investment in your app’s growth. In case you’re still on the fence, out of the estimated four hours that U.S. adults spend on their phones each day, 88 percent of that time happens within apps. Putting your app at the center of your omnichannel strategy […]
3 min read
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  1. Department: Consumer Durables

Victoria’s Secret Launches Inclusive-Focused Online Marketplace

Victoria’s Secret & Co. has announced that it’s launching VS&Co-Lab, which is described as an inclusive shopping experience for all customers. VS&Co-Lab will be featured in a new section on the Victoria’s Secret website, where it will showcase brands that align with its values of innovation and inclusivity. VSCO said it sees important growth potential through partnerships […]
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  1. Department: Consumer Durables

Tammy Girl returns to action as it makes debut on Asos

After a 17 year hiatus, Tammy Girl is back, with fast fashion giant Asos relaunching the brand on its website. In 2005, Tammy Girl closed its high street stores after being bought by BHS, leaving UK pre-teens distraught. Manchester based, digital fashion firm, Daisy Street acquired the brand and partnered with Asos for a capsule […]
2 min read
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  1. Department: Consumer Durables

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
3 min read
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  1. Department: Consumer Durables

Utilising data in retail to improve sustainability.

 Olof Hoverfält, Principle Consultant, Strategy and Business Design at technology consultancy Reaktor, has worked with a wide range of major brands such as Adidas and Tommy Hilfiger. In this article, he shares the different ways that retailers can ensure sustainability, as well as the valuable uses of data in retail. 1. How can retailers make sure […]
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  1. Department: Consumer Durables

Macy’s raises annual forecast after strong quarter

Macy’s raised its annual sales and earnings forecast after a strong start to 2022. “While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop,” Macy’s CEO Jeff Genette said. “We saw a notable shift back to occasion-based apparel and in-store shopping, as well as continued strength in sales of luxury […]
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  1. Department: Consumer Durables

Today in Data: As Stores Reopen, Customers Seek Personalized eCommerce

Today in data, as retailers report higher in-store sales, consumers say they prefer tailored online shopping experiences. Data $1.05B: First quarter sales by Urban Outfitters, which reports a dip in eCommerce shopping and a rise in in-store traffic 9%: Drop in eCommerce sales from 2021 reported by Dick’s Sporting Goods as customers returned to the […]
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  1. Department: Consumer Durables

Klevu report – Majority of UK e-commerce sites’ search engines don’t work

78% of of e-commerce websites in the UK are unable to convert shoppers due to their inability to “understand” natural language and thus, shoppers’ intent, according to a new report from Klevu. This found that over three quarters of the 50 retailers researched delivered zero or irrelevant results when presented with conversational queries. Only 20% […]
2 min read
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  1. Department: Consumer Durables

In pictures: Amazon Style – the physical clothing store with tech-enabled fitting rooms

Amazon has opened its debut Amazon Style store – the first physical clothing store with tech-enabled fitting rooms, offering shoppers a fully personalised shopping experience as it focuses on modern… The post In pictures: Amazon Style – the physical clothing store with tech-enabled fitting rooms appeared first on Latest Retail Technology News From Across The […]
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  1. Department: Consumer Durables

Amazon Opens First Bricks-and-Mortar Clothing Store

dot.LA reports that Amazon has opened its first clothing store – Amazon Style, located in the The Americana at Brand mall in Glendale, California, about 10 miles north of downtown Los Angeles. Here’s how the story describes the store: “The floor is massive – laying out original products from Amazon’s own apparel lines alongside name […]
4 min read
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  1. Department: Consumer Durables

Sears Said To Be Closing Dozens Of Stores

Axios reports that “dozens of Sears Hometown stores are closing and holding liquidation sales, according to Facebook posts from the shuttering locations … Sears Hometown was touted in a November 2019 news release as a ‘network of more than 400 independently-owned and operated, dealer-managed smaller-format stores’ selling ‘a range of home products, including appliances, lawn […]
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  1. Department: Consumer Durables

Amazon Opens its First Physical High-Tech Apparel Store

Amazon.com opened its first brick-and-mortal apparel store on Wednesday, leveraging technology to set itself apart as it tries to grow its physical presence. Called Amazon Style, the new store, located in California, features machine learning technology to help customers find clothes and personalize recommendations as well as interactive dressing rooms. The store stocks men’s and […]
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  1. Department: Consumer Durables

Is Your Brand Meaningfully Different?

As marketing professionals, we’d like to share a quick lesson in one of the fundamentals of marketing having to do with relevance, what we call being “meaningfully different.” Marketers know it’s not enough to be merely relevant to be worthy of a customer’s admiration and loyalty. Something must be relevantly different to attain this status. […]
4 min read
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  1. Department: Consumer Durables

M&S profits soar to £522.9m as online sales jump by 55%

M&S has reported a “strong all-round performance”, driven in part by a 55% increase in online sales across clothing and home. Both profits and sales recorded  in the 12-month period… The post M&S profits soar to £522.9m as online sales jump by 55% appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. Department: Consumer Durables

Mountain Warehouse unveils new online marketplace

Mountain Warehouse has launched a marketplace via its website, which will act as a “one-stop-shop” for all outdoor clothing and equipment across a range of brands. The Mountain Warehouse Marketplace,… The post Mountain Warehouse unveils new online marketplace appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Department: Consumer Durables

Nordstrom Shuts Down Trunk Club Shopping Service

Nordstrom announced yesterday via email to members of its Trunk Club shopping service that it is closing the service down, effective the end of the month. On its website and in an email, the retailer said: “As a valued Nordstrom Trunk Club customer, we thank you and appreciate your loyalty. “While we will no longer […]
2 min read
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  1. Department: Consumer Durables

What Should Retail Look Like in the Metaverse

While unusual to many consumers, the Metaverse Fashion Week, known as Decentraland, offered a glimpse into the future. For retail, the metaverse presents the optimal middle ground between the ease and convenience of online shopping and the immersive and tangible enjoyment of physical shopping. The metaverse can be seen as a third layer, a new market or […]
3 min read
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  1. Department: Consumer Durables

3 E-Commerce and Social Media Trends to Watch Through the Rest of 2022

E-commerce sales have been on the upswing as a share of total sales since before 2000, and in the last decade, social platforms have played an increasing role. Then 2020 happened, driving an unprecedented spike in online sales. This year so far, we’re seeing social media mature as a force that drives e-commerce, in addition […]
3 min read
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  1. Department: Consumer Durables

Overcoming D-to-C Obstacles for Success

Direct-to-consumer (D-to-C) strategies are very effective across different brands and companies. And yet, to find long-term success, these stakeholders must be aware of the many obstacles and how to overcome them. What is D-to-C? In this rapidly evolving market where e-commerce has significantly changed consumer buying habits, many have turned to D-to-C strategies. Instead of […]
3 min read
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  1. Department: Consumer Durables

Nordstrom Launches Partnerships with Allbirds and ASOS as the Retailer Continues its Evolution

Nordstrom is expanding its business through new partnerships with other retailers and streamlining its styling services. The retailer will now offer Allbirds shoes as part of its sustainability push and sell ASOS products in a new immersive experience aimed at young shoppers. It will also eliminate the Trunk Club brand along, which featured the at-home […]
3 min read
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  1. Department: Consumer Durables

Amazon flexes its retail muscle with a brick-and-mortar clothing store

Signaling its ambitions to make a dent in the apparel market, Amazon today opened its first physical clothing store, Amazon Style, in the Greater Los Angeles Area. Offering a twist on the traditional experience, visitors to the Glendale, California shop at The Americana At Brand use an app to scan codes on displayed items from […]
2 min read
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  1. Department: Consumer Durables

Dick’s expects to ‘adapt quickly’ to macroeconomic challenges

Dick’s Sporting Goods is expecting sales to slump between two and eight percent this year and earnings per share to come in between $9.15 and $11.70 per share, down from its previous guidance of $11.70 to $13.10. Dick’s president and CEO Lauren Hobart acknowledged the company is facing macroeconomic challenges, including inflation, and expects her […]
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  1. Department: Consumer Durables

Amazon opens its first clothing store

Amazon Style, Amazon.com’s first clothing store, has opened at the Americana at Brand shopping center outside of Los Angeles. The 30,000-square-foot store features technology intended to make the shopping experience more convenient and personalized. “Gone are the days where I have to get dressed, go out on the floor and see if that size I […]
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  1. Department: Consumer Durables

3 key ways restaurants can connect with gamers

Mintel segments gamers based on their top reasons for playing games. Foodservice operators can explore four gamer audiences – Achievers, Explorers, Socializers and Competitors – and target the segment whose motivations make them most receptive to engaging with foodservice brands. Gamers represent a core consumer audience for restaurants to engage with and create loyalty. Connect […]
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  1. Department: Consumer Durables

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
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  1. Department: Consumer Durables

CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
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  1. Department: Consumer Durables

22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
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  1. Department: Consumer Durables

Developing a Perfect Store Strategy in 2022

In 2022, the perfect store is rooted in constant evolution — a system that maybe isn’t perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies and […]
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