The struggle for #CPG companies to capture consumer data continues. #Retailers harness the data on customer behavior and purchases. The flow of that core #data seldom reaches back to the product goods companies. How will CPG compan…https://t.co/PWCAabV5wW https://t.co/aiVu4uG2ac
Tonal vs MIRROR - Nordstrom vs lululemon #fitnesstechnology
No Doubt- One of the top consumer behaviors which shifted during the pandemic was #athome health & fitness. With the growing demand for athletic and leisure wear retailers…https://t.co/jAUFxCCCiX https://t.co/PpkX2PMk8v
First Beauty - Now HiTech. @Target is expanding its offerings to wheel in #customers. Target itself is becoming the new mall. #Retail-disruption brought upon the pandemic is shifting malls to merchandise fulfillment centers. 2020-2…https://t.co/neMd09gB4h https://t.co/xpviyo0hPQ
E-commerce demands #micro-fulfillment centers to fill the gap.
No longer are large brick and mortar stores the norm. The future brought upon by the pandemic has shifted retailers to enable #fast&furious #omnichannel. E-commerce ha…https://t.co/cnL55FdlYG https://t.co/Gyr6oC4tYp
During the Pandemic the North American #Retail Industry has accomplished digital transformation @ lightning speed. The benchmark is set very high by China. Creativity and Ingenuity has Chinese Retailers still light years ahead. Man…https://t.co/YeVYOGLvsj https://t.co/CUiqxec67L
The discipline of small co- development teams pays off in multiple folds for Retail Tech companies such as CarMax. What is the thought process behind the competitive landscape for a #CIO? With internal team, outside partners and th…https://t.co/UWI4W7pJ0T https://t.co/Qqto9HewPA
#Personalization is not a gimmick! From #instore to #online retailers are evolving faster during the pandemic to win revenue share from #personalization.
McKinsey & Company reports "personalization can increase revenues by 5 to 15 percent." https://t.co/3fG5gmlFiM
#PrivateLabels and #TopSellingBrands are the new concept store. As retailers exist malls and set up in open areas the supply chain is redefined. Micro- fulfillment centers will be defining the needs and supplies of the local stores…https://t.co/BPCe8hxMe1 https://t.co/g2vP7x6UU9
In some cases, @Amazon credits the return of an item (s) without actually having to return it.
“E-commerce returns are forecast to reach $70.5 billion for this past holiday season,” according to an estimate from CBRE Group. The te…https://t.co/nraao3NLJC https://t.co/sZiPO7nOYp
Private Labels are the new norm! The shift to Direct-To- Consumer has increased the production in private labels. Yes, the traditional Quinoa from South America carried its own brand(s). However Now I find Quinoa branded as Simple…https://t.co/y0U71nGELG https://t.co/Z4o54sRemt
More and More Consumers are purchasing directly from the e-commerce sites of their Retailers. Which Retailers in their industry are now pressing to offer e-commerce where they have not? TJMaxx & Home Goods The Treasure Hunt Experie…https://t.co/gZ9lKK21sr https://t.co/Oa7ju0K5rc
"Successful DTC companies have a gross margin of at least 50%" In my opinion margins can be even higher if DTC’s backbones include a strong e-commerce and omni-channel architecture. The cost of customer acquisition can be quickly r…https://t.co/MYN8JTM8ZG https://t.co/cTxejZznTt
#contactlessdelivery into the garage was already here. The pandemic has accelerated the demand. @amazon is offering $30 credit after your first in garage order. MyQ and @keybyamazon https://t.co/tc4bQ8iwHK
#Retailservices are growing at an exponential level. The pandemic has accelerated #retailinnvoation. The demand for innovation was always there; however they were #hiddendemand. #Retailers are driving the #hiddendemands at a fast s…https://t.co/d7XaUWyjgd https://t.co/OblskrrwG5