Dept. Appliances

  1. Shopper & Customer

DIRECT-TO-CONSUMER SHIFT BOOSTS RETAIL INVESTMENT IN SUPPLY-CHAIN INNOVATION

Recently I had the opportunity to learn from Manhattan Associate’s Sebastian LeFebure about supply chain innovation based on customer purchasing changes. LeFebure shares insight to the RetailMinded.com audience elaborating on this conversation, ultimately revealing how the movement to D2C is a supply chain revelation that brands such as Adidas and Nike have found success with. […]
4 min read
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  1. Channel: Mass

Walmart aggressively courts holiday shoppers

BENTONVILLE, Ark. — Walmart is moving aggressively to position its stores as preferred holiday shopping destinations. The retailer said Thursday it was ready to serve its customers this holiday season by offering better value and a more convenient shopping experience. Walmart said that more than half of its customers planned to start their holiday shopping […]
6 min read
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  1. Channel: Mass

Walmart Doubles Down on Convenience, Value and Experience To Serve Customers This Holiday Season

BENTONVILLE, Ark., Sept. 22, 2022 — Walmart is ready to serve its customers this holiday season, offering better value and more convenience than ever as customers start their holiday shopping. More than half of Walmart customers will start their holiday shopping research in October1 and Walmart is prepared to meet their needs and help them […]
6 min read
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  1. Data & Insights

Home Depot beats Amazon and Lowe’s in home improvement sales

Although both sales and prices of homes have dropped to a two-year low, the home improvement category has managed to still drive positive growth. After a brief dip in YoY home improvement sales in March 2022, sales have since rebounded this year. During the early summer months, for example, YoY online and offline GMV was […]
2 min read
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  1. Operations & Supply Chain

Turning Woes Into Wins: How Retailers Should Navigate the Current Supply Chain Landscape to Succeed

To combat last year’s supply chain woes, retailers stored up large amounts of inventory, only to be left with excess product sitting in warehouses a year later. Now, amid high inflation rates, retailers are struggling to get rid of extra products on shelves before the end of the year. Big-box retailers including Walmart, Bed Bath […]
3 min read
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  1. Trends & External Forces

California EV owners asked to curb charging ahead of travel holiday

As a brutal heat wave cooks the West in the run-up to Labor Day, California’s power grid manager is calling on electric vehicle owners to avoid charging at peak times. The request is part of a broader effort to keep the state’s grid up and running, while locals crank their air conditioners to outlast a […]
2 min read
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  1. Shopper & Customer

4 Pricing Strategies To Grow Your Retail Business

For consumers, price is one of the most important factors that determine whether they’ll make the purchase or not. That’s why, as a retail business, you should properly set the best price for your products. This means that you shouldn’t simply price your products higher than the total amount you spent manufacturing or acquiring them, […]
3 min read
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  1. Shopper & Customer

Why Headless Commerce? Why Now?

Put simply, headless commerce is an ecommerce system that decouples the front-end web system from the ecommerce back-end engine. Most digital stores are built on ecommerce engines that provide both the product offering and processing engine, which is directly integrated with the website, and storefront. A headless ecommerce platform has the front end (or “head”), […]
4 min read
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  1. Technology & Innovation

3 Immersive Customer Experiences Using Augmented Reality

When the mobile game “Pokémon GO” made a splash in 2016, global audiences got their first taste of just how engaging augmented reality experiences could be — and brands took notice. Augmented reality, like the filters and lenses found on Instagram and Snapchat, transform the passive experience of being served a piece of content into […]
4 min read
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  1. Stores & Formats

Best Buy Puts its Tech Foot Forward With Small-Format, Digital-First Store

Best Buy will open its first ever small-format, digital-first store in Monroe, N.C. The 5,000-square foot shop will build on the small-format pilot program Best Buy started with a test model in Charlotte, N.C. in late 2021. The Monroe store will feature a curated product selection, access to services including Geek Squad and new ways […]
2 min read
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  1. Technology & Innovation

Teaching home robots to learn by watching people

Robotic learning has quickly become of automation’s most vibrant categories — and understandably so. Programming a robot has traditionally required a lot of technical know-how, but what if there was a simpler way for non-programmers/roboticists to teach these systems to do what we want? Imitation and reinforcement learning are two of the most popular methods […]
2 min read
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  1. Owned Brands (Private Label)

How to Compete With Private Label Brands

Let’s begin with defining a private label. Typically, it is a retailer’s house brand. Craftsman is a well know Sears brand. Sears is not a manufacturer, so the Craftsman products were other brands cosmetically enhanced to have the brand color and badge of Craftsman. GE appliances and Milwaukee Power Tools are two of the major […]
< 1 min read
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  1. Partnerships & Alt Profit

AO partners with Espo, providing appliances to public sector customers

AO is partnering with ESPO, a professional buying organisation for the public sector. The electrical retailer will provide a core range of products including fridge-freezers, washing machines, and ovens to… The post AO partners with Espo, providing appliances to public sector customers appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Data & Insights

How to Reduce the Impact of Oversize Charge on Shipping Costs

Shipping is an expensive part of any ecommerce business. Therefore, it is wise to cut corners wherever you can to save on costs and grow your business. However, that may not be as easy as it sounds.  Your shipping bills can contain additional expenses over existing shipping fees that can put a dent in your […]
5 min read
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  1. Shopper & Customer

NPD Group: Shifts in consumer spending are coming

PORT WASHINGTON, N.Y. — A recent NPD survey has found that 83% of U.S consumers are planning to make changes to reduce their spending in the next three to six months. And consumer demand has already become less predictable than it had been during the first two years of the pandemic, according to NPD data, […]
2 min read
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  1. Department: Consumer Durables

Swedish firm to test self-driving freight trucks in Tennessee

Einrede AB will test its self-driving freight trucks on a one-mile stretch of road between two warehouses in Tennessee for GE Appliances. “This is a step-by-step approach, and this is a major step forward, in that it’s actually now on public roads,” said Robert Falck, CEO of the Swedish company.
< 1 min read
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  1. Trends & External Forces

How to master virtual selling in retail

Virtual selling allows sales to be made using technology, usually through video. This can help traditionally brick-and-mortar retail brands to engage their target market remotely. Stellar created a purpose-built virtual retail space for the Sage Appliances brand, called Sage Studios, allowing for first-class omnichannel selling in a post-COVID world. Modern Retail had the pleasure of […]
< 1 min read
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  1. Corporate Strategy

Conn’s HomePlus’ Plan for Becoming a Leader in Unified Commerce

In episode 354 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Chandra Holt, CEO of Conn’s HomePlus, a specialty retailer of home goods. In a wide-ranging discussion, Holt provides an overview of the Conn’s business (0:52), how customers use the retailer’s financing offerings (3:21), and her professional background that led to her current role at the […]
< 1 min read
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  1. Channel: Mass

Target announces bigger Target Deal Days

MINNEAPOLIS — Target Corp. announced the return of its highly anticipated Target Deal Days sales event, with incredible savings on hundreds of thousands of items – no membership fee required. Featuring three full days of savings exclusively on Target.com and the Target app, the annual Target Deal Days sale returns July 11-13, with deep deals across every […]
2 min read
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  1. Data & Insights

Connections 2022: What the New Marketing and Commerce Cloud Launches Mean for You

Navigating the new marketing and commerce world New Marketing Cloud Customer Data Platform features New Marketing Cloud Personalization and Engagement features New Marketing Cloud Intelligence features Marketing Cloud Summer ’22 Release New Slack features Next-gen Commerce Cloud What these changes mean for you Connections is Salesforce’s premier conference for digital, marketing, and commerce professionals. In […]
5 min read
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  1. Channel: Mass

Meijer marks supercenter’s 60th anniversary

GRAND RAPIDS, Mich. — Meijer Inc. noted Tuesday that it was 60 years ago when Hendrik and Fred Meijer opened a store in Grand Rapids called “Thrifty Acres” that pioneered the American supercenter format. “The opening of ‘Thrifty Acres’ in June 1962, was history in the making, although I’m not sure our dad and grandfather realized […]
3 min read
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  1. Partnerships & Alt Profit

Conn’s, Belk Partner to Launch Store-Within-a-Store Concept

The department store Belk is collaborating with the home goods and furniture retailer Conn’s HomePlus to launch a store-within-a-store concept later this year. The new store format, which will launch under a new brand name soon to be announced, will give Belk customers access to Conn’s home product categories, including furniture, home electronics and appliances, and […]
< 1 min read
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  1. Stores & Formats

Belk to Pilot Conn’s Shop-in-Shops in up to 20 Stores

Regional department store retailer Belk will host shops featuring products and services sold by Conn’s HomePlus in 10 to 20 locations as part of a pilot program that will kick off over the next few months. The shop-in-shops, to be situated in current Conn’s market areas, will be 10,000 to 25,000 square feet, depending on […]
< 1 min read
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  1. Stores & Formats

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 […]
< 1 min read
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  1. Data & Insights

Way Day 2022 – Wayfair’s YoY Performance

Way Day 2022 is Wayfair’s version of Amazon’s Prime Day. It’s the retailer’s biggest sale event of the year, and an opportunity for consumers to snag great deals on home furnishings, including kitchen appliances, outdoor furniture, and bathroom accessories.  How did Wayfair increase global net revenue? From a revenue growth perspective, this year’s Way Day […]
2 min read
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  1. Channel: Mass

Target’s Q1 Results Far Below Expectations

Tough quarter for Target, which reported a $1 billion Q1 profit yesterday … a big number, but one that was about half that reported during the same period a year ago.  Q1 revenue was up four percent, to $24.8 billion, same-store sales were up 3.3 percent, and digital sales were up 3.2 percent, but profit […]
3 min read
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Trending Topics

Editor’s Choice

  1. Channel: Club
  2. Corporate Strategy
  3. Owned Brands (Private Label)

Costco’s top line grows by over $30 billion in fiscal 2022

CFO Richard Galanti says customers not trading down to private label Costco Wholesale has followed up one strong fiscal year with another. The Issaquah, Wash.-based warehouse club chain posted double-digit net and comparable sales growth for its fiscal 2022 fourth quarter and full year, while topping Wall Street’s consensus earnings-per-share forecast for both periods. Related: Costco […]
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  1. Technology & Innovation
  2. Channel: Ecommerce & Digital
  3. Channel: Mass
  4. Corporate Strategy
  5. Corporate Finance
  6. Partnerships & Alt Profit
  7. Media & Marketing
  8. Data & Insights
  9. International
  10. Shopper & Customer
  11. Start Ups
  12. Technology & Innovation
  13. Trends & External Forces
  14. Associates & Employees
  15. Operations & Supply Chain
  16. Stores & Formats

Five retail technology funding rounds you need to know about

RTIH rounds up the retail systems ventures whose funding rounds have been making headlines, including Swiftly, Ryft, Instant Commerce, and 1MRobotics. 1. Ryft Ryft, a PSD2 compliant payments system firm, has raised a seed round, led by SFC Capital. Additional investors include the ex-founder of Shutterstock and the founder of LoveFilm. This brings Ryft’s total […]
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  1. Operations & Supply Chain
  2. Channel: Mass
  3. Corporate Strategy
  4. Media & Marketing
  5. Shopper & Customer
  6. Retail Operations
  7. Holiday & Events
  8. Merchandising
  9. Operations & Supply Chain

Walmart + To Offer Home Pickup of Returns

Axios reports that “Walmart+ members in some U.S. markets will be able to schedule to have returns picked up from their doorsteps starting the first week in October … ‘Return Pickup from Home’ is scheduled by app.” Walmart says that “members won’t need to provide a box or a label – simply hand off the […]
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