Save the date: July 12 and 13. The infamous Prime Day is returning, offering Amazon’s lowest prices ever on select products throughout both days. Last year, total ecommerce sales during the two-day shopping event topped $11 billion, according to Adobe Analytics. That figure was slightly higher than Cyber Monday totals in 2020, though that represents […]
Retail News
How to Deal with Excess Inventory
by Charlie Casey Prices for virtually everything have risen sharply over the first part of 2022. Some of the items we know and love are back on the shelves in excess, while others still remain hard to find. In fact, some of the biggest retail stories of the year have centered around the surplus of […]
How to Capitalize on Wedding Season
Wedding Wire’s latest trends report states that in 2021, almost two million weddings took place in the U.S., a number that is expected to increase to 2.5 million by the end of 2022. This year will play host to the largest number of weddings since 2018, and today the average cost to attend a wedding […]
How Retailers Can Adjust to Soaring Inflation Prices
With inflation at its highest level in years, consumers are heavily weighing where and how to spend their hard-earned money. While some are splurging on big-ticket items before prices rise even higher, others are no doubt contemplating where they can save a few extra bucks here and there. It does not look like soaring prices […]
Flexible Employee Schedules Can Drive Retail Success
Providing worker flexibility decreased Neiman Marcus’ turnover by 20 percent — proving schedule flexibility is a driver of success in the retail space. Furthermore, research has directly connected flexible work hours to a happier, more productive workforce, but is it possible to provide retail workers with schedule flexibility? According to Monica Plaza, Chief Strategy Officer […]
Everything Retailers Need to Know About ERP Implementation
by Mark Hook When a small-to-medium sized merchant experiences rapid growth, its profit margins might go up, but its back office operations often go into meltdown. Spreadsheets get used to plug gaps between systems; mistakes and delays become commonplace, resulting in poor customer feedback; tedious manual workflows take up the time and energy of team […]
New Growth Hacking Podcast to Help Retailers
Brightpearl launched its first podcast, the ‘Lightning 50 E-Commerce Growth Hacking’ show, on April 21 in which industry expert Caroline Baldwin interviews retail luminaries from high growth companies in the UK. The podcast is a weekly 15-minute bitesize show that features guests who have made the cut for Brightpearl’s ‘Lightning 50,’ a definitive list of […]
The Bellevue Collection Perfecting Personalized Customer Experiences
Every single business out there had to make changes to their model when the pandemic striked. Whether it was putting more focus into their ecommerce websites, offering different contactless payment and delivery options, or increasing their presence on social media, no stone was left unturned. While some retailers did not make it out of the […]
The Growing Financial Role of Independent C-Stores
by Brian Cox There are currently more than 100 million Americans that are either underbanked or underserved by traditional banks. The majority of these consumers are unable to manage routine financial transactions that most of us take for granted, such as purchasing goods and services online, sending electronic bill payments, or handling person-to-person money transfers. […]
Kapitus Launches Small Business Contest
Kapitus, a leading provider of financing for small and medium sized businesses, recently announced its inaugural Building Resilient Businesses (BRB) Contest, which will award $250,000 to small business owners across the US. Small businesses are a vital part of the everyday lives of Americans, and Kapitus wants to give back. “Kapitus has worked with the […]
