According to Retail TouchPoints, 90 percent of retailers plan to implement buy-online, pickup in-store (BOPIS) by 2021. And, for good reason: more than half of consumers nationwide have used BOPIS within the past year. 61 percent of shoppers that use this pickup tool end up buying more products when they visit the store to pick […]
Retail News
6 Tips for Sizzling Summer Sales
With Memorial Day Weekend just behind us, the summer season is officially in full swing. The summer season is an exciting time for retailers and shoppers alike as temperatures rise, vacations are planned, and impulse buys soar as more people are spending time outdoors. Tap into this excitement with creative marketing campaigns and a refreshed […]
Bath & Beyond Falters
Bed Bath & Beyond is struggling. After seven back-to-back quarters of declining same-store sales, the company has announced that it’s reconsidering leases. Last month, the retailer also laid off 150 employees. It’s shares have dropped about 80 percent since Bed Bath & Beyond’s heyday in 2015. Now, the retailer is struggling to find investors, according […]
11 Ways to Combat Showrooming
According to Techopedia, showrooming is “when a shopper visits a store to check out a product but then purchases the product online… This occurs because, while many people still prefer seeing and touching the merchandise they buy, many items are available at lower prices through online vendors. As such, local stores essentially become showrooms for […]
How Retailers are Tapping into Mixed Use Spaces
Over the past few years, malls have been trying to repurpose vacant space from lost retail tenants. Many property managers sought to replace traditional retail stores with more experience-driven attractions like gyms, restaurants, arcades, and more. But, according to CNBC, these new experiences are not drawing in any extra traffic. That does not mean mixed […]
President Trump Tackles Counterfeit Imports
Last month, President Trump issued an executive order for government agencies to investigate the flow of counterfeit and pirated goods coming into the United States, and to investigate the procedures of third parties that facilitate their import or sale. Government agencies are directed to work with online marketplaces, such as Amazon, carriers, custom brokers, payment […]
Box Retailers Imitate Indie Retailers with Small Format Stores
Ever since the retail-apocalypse media frenzy took hold a few years ago and chain stores across the country started shuttering underperforming locations, many box stores have announced a switch to smaller format stores. Walmart and Target were among the first to announce this new strategy, with others like Sears shortly following suit. It is true, […]
Tips to Optimize Your Retail Checkout
So much to do, so little time. There are so many sales and customer service opportunities at the point of purchase, yet it can feel next to impossible to fit them all in during one transaction. Upselling products, suggesting a gift card, asking for an email address, and soliciting feedback are all considered standard best […]
4 Steps for Crafting an Effective Window Display
Spring is upon us. Shoppers are emerging from their homes and venturing onto Main Street in search of fresh air, and of course, some fresh retail finds. There’s no time like the present to do some spring-cleaning on your window displays. An appealing storefront is critical for catching the eye of passers-by. And, once you […]
7 Tips for Opening a Second Storefront
If you can’t keep your products on the shelves, have lines out the door, or otherwise can’t keep up with your customer demand, it may be time to open a second storefront. You want to replicate the smashing success of your first store. But, there are a few key things to keep in mind when […]
