retail trends consumer insights technology social media
Posted in Innovation, Retail Strategy, Retail Technology on Feb 5th, 2011
Consumers in the second decade of the 21st century have multiple ways of shopping: stores, online, or catalog. So what’s new? Today’s retail convergence is driven by consumers and emerging technologies more than ever before. A 2010 survey of U.S. consumers by Buzzback Market Research http://www.buzzback.com/ indicated that: • 88% of shoppers are more likely [...]
Posted in Innovation, Retail Planning & Design, Retail Strategy, Retail Technology on Jan 23rd, 2011
Gone are the days of in-store communications with a static message that is replaced seasonally or as a result of a new advertising campaign! By integrating proximity marketing with digital signs, messages can be matched to consumers’ interests, shopping trends, or demographics. Shoppers with shared characteristics tend to shop at certain times. Digital signage, informed [...]
Posted in Innovation, Retail Planning & Design, Retail Strategy, Retail Technology on Jan 14th, 2011
Continuing the Disney Store tradition of razzle-dazzle, storytelling, and entertainment, the new “immersive” concept announced at the National Retail Federation conference in New York on January 11 is a fusion of technology, innovative store design, and 21st-century customer service. Customer service with an iPod touch New retail-sales technology designed by Oracle incorporates the iPod touch [...]
Posted in Gabreil Logan, Innovation, Retail Planning & Design, Retail Strategy on Jan 6th, 2011
Upon entering the lobby area of Columbus Ohio’s Nationwide Arena, visitors encounter a 70- foot, glass-enclosed atrium visible from the arena’s many levels. Within this environment is nestled the vast and impressive BlueLine Store, official outlet for National Hockey League Columbus Blue Jackets merchandise. Architectural wonder Nationwide Arena, an architectural and technological wonder in the [...]
Posted in Consumer Trends, Innovation, Retail Strategy on Dec 20th, 2010
Smartphone apps are in vogue this holiday season, and customers are joining the trend to do shopping with their fingers. Mobklix, the iPhone mobile analytics company, reports that shopping app usage increased dramatically during Black Friday and Cyber Monday this year compared to same period in 2009: iPhone shopping app impressions grew by 249% in [...]
Posted in Innovation, Retail Strategy, Retail Technology on Nov 2nd, 2010
What tech innovation is providing a Bloomingdale’s location with inventory accuracy of 95%, Dillard’s a 96% time savings in cycle counts, and American Apparel with 14% increase in sales? Many retailers are keeping closed mouthed regarding their testing of Radio-Frequency Identification (RFID) tagging at the item level, but industry reports indicate that J.C. Penney has [...]
Posted in Consumer Trends, Gabreil Logan, Green Building, Innovation, New Product Design, Retail Planning & Design, Retail Strategy, Retail Technology on Oct 25th, 2010
RETAIL STRATEGY Click here to read the article. INNOVATIONS Click here to read the article. GREEN BUILDING Click here to read the article. SOCIAL MEDIA Click here to read the article. NEWS Click here to read the article.
Posted in Consumer Trends, Innovation, Retail Technology on Sep 17th, 2010
Downloading and usage of cell phone apps is on the rise worldwide. Recent surveys have estimated the mobile apps market to increase from the current $2.2 billion to $17.5 billion over the next three years. To take advantage of all of the capabilities of downloadable apps, users must have a smartphone (Blackberry, iPhone, Android, etc.), [...]
Posted in Innovation on Aug 31st, 2010
Mainstream retailers IKEA, JC Penney, and Kmart are joining creatively savvy Zappos and Uniqlo in jumping on the social media bandwagon. Over the past decades, the retail industry has been quick to innovate when it comes to customer engagement and retention. In the 80’s television home shopping revolutionized retail distribution; in the 90’s creation of [...]
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