Dept. Consumer Electronics

  1. Operations & Supply Chain

Solving the Supply-Demand Puzzle

What a difference a year or two can make. During 2020 and 2021, retailers struggled to keep up with demand for many items, largely due to supply chain bottlenecks and labor shortages. Shortly after the pandemic started and through last year, a significant reduction of markdowns and in-store promotions took place because retailers could leverage […]
3 min read
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  1. Channel: Specialty & Other

How To Sell Your Product To Best Buy

Are you a small consumer electronics product brand who’s trying to figure out how to sell to Best Buy? If so, you are not alone. Best Buy is the largest brick-and-mortar retailer in the US for consumer electronics, which is why thousands of brands attempt to get their products in the company’s stores every year. In […]
4 min read
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  1. Shopper & Customer

Scanbot SDK discusses how customer needs are shaping retail stores of the future

By Christoph Wagner, CEO, Scanbot SDK GmbH The retail industry is facing seismic shifts, and the Covid-19 pandemic has been rocket fuel for changes in customer demands. Today, digital and contactless shopping experiences are just part of everyday life for many – especially amongst the younger generations. 🚀Retail x Mobile Barcode Scanning Are you still […]
3 min read
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  1. Channel: Delivery

Instacart and Klarna Partner to Offer Consumers More Flexible Ways to Pay

We’re teaming up with Klarna to introduce even more ways to pay for your purchases online on Instacart.com and in the Instacart app. Our partnership gives you more flexibility to pay for same-day delivery across a range of categories, including everything from home improvement to beauty and bulk purchases. Beginning today, you can select Klarna’s […]
2 min read
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  1. Shopper & Customer

From RFID to Stagflation, Here Are This Month’s Insights From Our Top Retail Influencers

Last Friday, the team at RETHINK hosted their third Small Groups Mixer, a monthly virtual event catered to all of 2022’s Top Retail Influencers. During the Mixer, topics ranging from RFID to stagflation, DTC, and the retail experience were discussed at length. Here, we’ll explore these topics and additional insights from the Mixer with the […]
8 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. Channel: Ecommerce & Digital

Celebrating One Year of Walmart GoLocal

It’s been a year since we introduced Walmart GoLocal as our white-label, delivery-as-a-service offering for businesses. We launched Walmart GoLocal in August 2021, as businesses of all sizes were continuing to see consumer demand for fast, reliable delivery post-pandemic. We saw an opportunity to serve retailers who could benefit from Walmart’s scale, delivery infrastructure and […]
3 min read
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  1. Channel: Delivery

Instacart adds same-day delivery service for furniture and electronics

Instacart is expanding beyond grocery to offer same-day deliveries of “Big & Bulky” products such as furniture and consumer electronics. Retailers participating in the program include Big Lots, Container Store, Mastermind Toys, Office Depot, Spirit Halloween and Staples.
< 1 min read
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  1. Channel: Ecommerce & Digital

Prime Day Reflections to Prime Marketers for Holiday Planning 2022

Prime Day 2022 is fading from the rearview mirror — the numbers are in and the trades have spoken. Yet, I find myself reflecting on some key learnings from this year that, as a marketer, I feel are important to share with brands looking to maximize their Prime Day presence and keep visibility high for […]
4 min read
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  1. Shopper & Customer

2Q earnings show how retailers dealt with inventory and inflation issues

Target and Walmart have found that consumers are cutting back on discretionary purchases in categories including apparel and consumer electronics. At the same time, purchases of everyday staples are holding up even with rising prices. Lowe’s and Home Depot have seen a drop in the amount of money that consumers are purchasing for home improvement […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Prime Day 2022 reaches historic milestone

SEATTLE — Amazon Prime members purchased more than 300 million items worldwide during Prime Day 2022, according to the company, which said this year’s event was the biggest Prime Day event ever. Amazon said Thursday that Prime members saved over $1.7 billion, more than during any previous Prime Day event. The company said the event […]
3 min read
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  1. Technology & Innovation

Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Ron Johnson, CEO and co-founder of Enjoy Technology Back in 2016, Ron Johnson was asked in a fireside chat at Shoptalk about the biggest mistake he had ever made. His response: “Going to JCPenney.” Prior to his failed stint as JCPenney’s CEO, Johnson was riding high as the chief architect of the Apple Retail concept […]
2 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. Technology & Innovation

SVS Uses 3D and AR Tech to Reduce Returns, Increase Conversions

In episode 353 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Keenan Davis, senior director of marketing at SVS, a leading manufacturer of high-performance speakers, subwoofers, wireless audio, and accessories. Davis provides an overview of the SVS business (0:56), his professional background (1:54), and why the company decided to invest in 3D and augmented reality (AR) […]
< 1 min read
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  1. Media & Marketing

Social Commerce: Why Content Matters in Modern Commerce

Remember what it was like to go shopping at the mall? You’d walk into a brick-and-mortar store, select your items from the aisles and check out at the sales counter. Not anymore. Today’s landscape is vastly different because consumers demand a more curated experience wherever and whenever they shop. Enter social commerce.  What is Social […]
4 min read
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  1. Trends & External Forces

On Several Fronts, Measured Economic Confidence

In a number of unrelated stories this morning, there seems to be a consensus that while inflation will be a continuing problem, the economy is in generally good shape, with some level of confidence that there will not be a recession anytime soon. From CNBC: “U.S. consumers are ‘in good shape’ and will keep spending […]
2 min read
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  1. Technology & Innovation

Nomagic picks up $22M for its e-commerce warehouse picking robots

Robotics are playing a growing role in the world of e-commerce logistics and fulfillment — where they are seen not just as a way to speed up operations but to drastically reduce the costs of running them — and today a startup developing software and hardware specifically in the area of robot picking is announcing […]
3 min read
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  1. Trends & External Forces

Best Buy expects to take a hit from inflation

Best Buy’s sales fell 8.5 percent during the first quarter and earnings were down as the consumer electronics chain reported a modest increase in inventory. The retailer reduced its forecast for the year, but CEO Core Barry was confident in its future prospects. “Even with the expected slowdown this year, we continue to be in […]
< 1 min read
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  1. Shopper & Customer

To Keep Up in Today’s Market, Retailers Must Be More than Competitive—They Must Be Dynamic

Retail is getting more competitive by the day. And while the retail landscape has become increasingly saturated over the last few decades, the 2020 e-commerce boom brought more options to the digital market than ever before. As a result, retailers and brands must strategize new ways to save time, boost profits, and grow—all while meeting […]
3 min read
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  1. Stores & Formats

Best Buy to Double its Number of Outlet Stores

Over the next year, Best Buy will double the number of outlet stores it has to 32 — starting with new outlets in Chicago, Houston, Phoenix, and Manassas, Virginia — and add an outlet deals section to its website for the first time, the company announced earlier this week. Best Buy has operated outlet stores since […]
< 1 min read
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  1. Shopper & Customer

Driving Growth in Highly Competitive Markets

When consumers are making a decision on a specific product to buy, like a baby stroller, smartphone or insurance, for example, they undergo a complex journey — searching websites for information, gathering opinions on user forums and opinion sites, and scrolling through social media for experiences others have had with a brand. In today’s increasingly competitive […]
3 min read
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  1. Technology & Innovation

The PR potential of the metaverse

Follow these six rules to create a virtual presence that is worth the investment. Talk to a PR professional about the metaverse and you’re likely to get reactions that range from dismissive to confused — to downright anxious. It’s a concept many are discussing but few seem to truly understand. For communications experts, that’s excusable […]
5 min read
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  1. Channel: Delivery

CRC’s 2022 eCommerce Summit; Instacart Update; Inflation

Jet set to sunny San Diego for the 10th annual show:We’re excited to return in-person for CRC’s 2022 eCommerce Summit in San Diego, CA! The Summit will include a cocktail reception the night of September 14th, followed by a full day of content on September 15th with a networking event that evening. Click here to […]
2 min read
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  1. Shopper & Customer

58% of Durable Goods Buyers Use Financing or Leasing Programs

Sixty-two percent of consumers have purchased durable goods in the past 12 months, according to “The Lease-To-Own Secret,” a PYMNTS and Katapult collaboration based on a survey of 2,688 U.S. consumers. Get the report: The Lease-To-Own Secret Durable goods are typically defined as consumer goods that do not wear out quickly and are used for […]
2 min read
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  1. Channel: Specialty & Other

Best Buy To Go Beyond Its Retail Comfort Zone

CNN reports that Best Buy, having survived and even thrived despite tough competition from the likes of Amazon, now wants to “expand its footprint into health, fitness, personal electric transportation, outdoor products and other potentially big ticket areas outside of its core consumer electronics business. “It’s adding merchandise to stores in dedicated sections, such as […]
2 min read
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  1. Channel: Ecommerce & Digital

Amazon pulls plug on physical book stores and 4-star locations

Amazon is planning to close all 68 of its physical book stores, pop up shops and 4-star locations in the United States and United Kingdom. The e-commerce giant told Reuters that physical retail remains an important way for it to reach shoppers. It will continue to work on other concepts, such as its recently announced […]
2 min read
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  1. Channel: Ecommerce & Digital

Best Buy Selects AWS as Its Strategic Cloud Provider

Consumer electronics retailer teams up with AWS to further unleash the innovative work of its technology teams and advance its mission to create world-class digital experiences for its customers SEATTLE –(BUSINESS WIRE)–Feb. 3, 2022– Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc.
< 1 min read
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Trending Topics

Editor’s Choice

  1. Shopper & Customer
  2. Department: Consumer Durables
  3. Department: Nonfood
  4. Corporate Strategy
  5. Corporate Finance
  6. ESG
  7. Partnerships & Alt Profit
  8. Media & Marketing
  9. Retailer Media
  10. Agencies & Vendors
  11. Data & Insights
  12. Shopper & Customer
  13. Trends & External Forces
  14. Associates & Employees
  15. Operations & Supply Chain
  16. Stores & Formats

Retail Media is Here in a Big Way: Should Search be Worried?

By John Spiropoulos Media is filled with evolutionary step-change transitions which permanently alter the marketplace. Each evolutionary event, seen in terms of advertiser outlays – the media mix – is driven by incremental change during economic uncertainty. This is particularly true – and trackable – in modern times. Some of these events were covered in […]
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  1. Media & Marketing
  2. Department: Consumer Durables
  3. Department: HBC
  4. Department: Nonfood
  5. Corporate Finance
  6. Partnerships & Alt Profit
  7. Media & Marketing
  8. Agencies & Vendors
  9. Data & Insights
  10. Technology & Innovation
  11. Holiday & Events

U.S. SMI Core Release Note – October 2022

SMI Core data captures the actual spend data from the SMI Pool partners of major holding companies and large independent agencies, representing up to 95% of all US national brand ad spending, to provide a complete monthly view of the SMI Pool market size, investment share and category performance. Core Data delivers detailed ad intelligence across all media […]
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  1. Trends & External Forces
  2. Channel: Grocery
  3. Department: HBC
  4. ESG
  5. Media & Marketing
  6. Trends & External Forces
  7. Associates & Employees
  8. Merchandising

Kroger Health Center marks first anniversary

CINCINNATI — The Kroger Health Center for Advanced Community Care, a joint project of Kroger Health and the University of Cincinnati James L. Winkle College of Pharmacy, recently celebrated its one-year anniversary. The Center employs pharmacists, technicians, nurse practitioners, and dietitians to provide an interprofessional model of care. It also provides practical experiences for students […]
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  1. Channel: Dollar/Value
  2. Corporate Strategy
  3. Corporate Finance
  4. Corporate Purpose
  5. ESG
  6. Media & Marketing
  7. Shopper & Customer
  8. Associates & Employees
  9. Merchandising
  10. Operations & Supply Chain
  11. Stores & Formats

Dollar Tree sales up 8.1% in third quarter

CHESAPEAKE, Va.— Dollar Tree executives said the retailer’s new pricing strategy lifted operating income nearly 23% to $381 million in the third quarter ended October 29. Top-line sales rose 8.1% to $6.94 billion. Comparable-store sales at its Dollar Tree stores increased 8.6% from a year earlier, while comps at its Family Dollar stores were up […]
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