"It has never been more challenging for a brick-and-mortar retail merchant to succeed in an enduring way," Starbucks CEO Howard Schultz said. 'We are witness to a seismic change in consumer behavior,' said Schultz. And that seismic change is linked to technology." Read more . . .
Retailers all over are scrambling to adapt and survive. We've seen the decline of big box and the meteoric rise of e-commerce shake the industry to its core. "But that's not all that has altered the retail landscape." Read full article.
“There is no doubt that this new policy ends showrooming for Best Buy customers. . ." See full article.
While 2013 will be a tough year for retailers due to the tepid economic recovery, a few in particular face a critical 12 months. Their experiences highlight the challenges facing store chains, from increasingly cautious consumers to fierce online competition. The four are Best Buy, J.C. Penney, Radio Shack, and Sears. Read full article.
As the world's largest online retailer, it's no surprise that its biggest fulfillment center in Phoenix, Arizona, is the size of 28 football fields.That's because it's their goal to have everything anyone wants at any time. Amazon has 80 fulfillment centers in the world to handle all of its orders. . . Read full article […]
Retail stores will look very different in a few years. In the age of mobile technology, shoppers are changing more than ever, and retailers are rushing to catch up with their customers' ever-evolving demands. King Retail Solutions designs modern retail stores. The company shared anecdotes and images about what the store of the future will […]
JCPenney CEO and former Apple retail guru Ron Johnson is spoke at Fortune's Brainstorm Tech conferencein Aspen, and he revealed a bit of what his strategy is for store checkout. He wants to eliminate the employees who stand at cash registers and get rid of traditional checkout by the end of 2013. Here's how . […]
Check out our graphic demonstrating the Weight of Walmart . . . Via frugaldad.com