Dept. Appliances

  1. Shopper & Customer
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 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. […]
  1. Channel: Mass
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 […]
  1. Channel: Mass
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 […]
  1. Data & Insights
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 […]
  1. Operations & Supply Chain
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 […]
  1. Trends & External Forces
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 […]
  1. Shopper & Customer
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, […]
  1. Shopper & Customer
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”), […]
  1. Technology & Innovation
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 […]
  1. Stores & Formats
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 […]
  1. Technology & Innovation
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 […]
  1. Owned Brands (Private Label)
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. Partnerships & Alt Profit
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.
  1. Data & Insights
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 […]
  1. Shopper & Customer
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, […]
  1. Department: Consumer Durables
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. Trends & External Forces
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. Corporate Strategy
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. Channel: Mass
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 and the Target app, the annual Target Deal Days sale returns July 11-13, with deep deals across every […]
  1. Data & Insights
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 […]
  1. Channel: Mass
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 […]
  1. Partnerships & Alt Profit
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. Stores & Formats
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. Stores & Formats
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. Data & Insights
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 […]
  1. Channel: Mass
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 […]

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Editor’s Choice

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