by Derek O’Carroll As winter approaches, a recent Brightpearl study of 500 retailers found that 43 percent of U.S. retailers do not believe their business could survive the devastating impact of a second wave of coronavirus, as the likelihood of widespread shutdowns and restrictions returning increases. The numbers are staggering: more than 100,000 businesses have […]
Retail News
Retail Experts Forecast an End to Traditional One-Day Black Friday Deals
by Proxima 360 Proxima 360, an impact solutions management consultancy for the retail industry, is predicting big changes for the holiday shopping season. Due to the ongoing pandemic, retailers are stuck with summer merchandise and the effects of a slow summer and back-to-school shopping season. As a result there is a reduction in profits and […]
Retailer Spotlight: hip and holy
Infusing cool and chic with a touch of Godliness, two sisters born and raised in South Africa co-founded hip and holy, an e-tailer offering meaningful jewelry and The Little Rose bag. Working together side-by-side, the sisters are bringing their brand a higher purpose and dream of inspiring real change in the world. “It’s been a […]
De-escalation Help Offered for Retail Employees Amid COVID Challenges
by Crisis Prevention Institute Anxiety continues to rise among the general public amid the relentless COVID-19 pandemic. Preparing retail staff early will help ease tensions in-store and provide better customer service going into the annual peak shopping season. Crisis Prevention Institute (CPI) recently partnered with the NRF Foundation to develop training to prevent and de-escalate […]
Vending Machines Are the New Smart Retail Solution
Japan has been utilizing retail vending machines for years. Retail conglomerates such as Adidas, Lululemon, and Revlon have only just started pursuing the use of vending machines for their customers. As COVID-19 continues to challenge the nation, vending machines can be the new smart retail solution to keep consumers safe. In August, a company called […]
Top Hiring Strategies Ahead of the COVID-19 Holiday Season
Thanksgiving, Black Friday, and Christmas are coming up fast, and major retailers such as Best Buy, Kohl’s, Target, and Walmart are already changing their holiday store operations this year due to COVID-19. To accommodate these new operations, like increased pick-up and delivery options for customers, store managers will need extra hands on deck. Preparing for […]
What Should Be Included in Your Supplier Onboarding Checklist?
Retailers should always be open to welcoming new suppliers. Not only will retailers be able to cater to more customers, but they can also offer more products and services. As beneficial as it can be to work with new suppliers, it can also be complex. This is why businesses should have a robust onboarding process […]
Influencers Driving Consumers In-Store This Holiday Season
From the beginning when Yelp allowed people to express their opinions online, to now Instagram users influencing consumers all over the world, influencers are literally driving our economy and even encouraging customers to shop safely. The best part is — they’re totally affordable! More and more retailers are starting to hop on this bandwagon as […]
Contactless Holidays: How Retailers Can Make Safer Payments a Reality for Peak Season
by David Wilkinson For independent retailers, the holiday season is always highlighted — finishing the year with as much profit as possible is significant to your business. This year, it is even more important, and that’s not all. Before you start thinking about decorations and window displays, you will have to take extra steps to […]
12 Ways Retailers Can Save Money During COVID-19
by Seth Tenenbaum Never have independent retailers needed to tap into their ingenuity as much as during COVID-19. From changing their product mix to expanding their social media impact, retailers are finding new ways to add value and push ahead (or at least hold steady). What you may not realize, though, is how much creativity […]
