Don’t Drown In Big Data
If “getting information off the internet is like taking a drink from a fire hydrant” as Mitchell Kapor famously said, then getting a handle on the big data pouring into a retailer’s sphere is...
If “getting information off the internet is like taking a drink from a fire hydrant” as Mitchell Kapor famously said, then getting a handle on the big data pouring into a retailer’s sphere is...
Twenty-five percent of the US population are Millennials (aged 18-33) and they spend over $600 billion annually. This is from PunchTab’s The Path To Millennials: Fashion and Accessories Edition of their Consumer Research Series....
Sometimes figuring out the best pricing strategies in today’s retail marketplace feels like being in a box because inventory must be optimally priced in order to move. There can’t be prices too low since you...
Warehouse management is a very important part of retail because the warehouse tends to be where the stock on the shelf comes from. There are many warehouse control system that have developed over the...
Figuring out what to stock and when to stock it used to be an art for the retailer. The art of retail product management system was developed by experience and observation over time and...
A demo is a sample of what to expect, whether from an album or a software company. An ordinary demo only provides a small sampling of the standard offerings, picked to appeal to the...
The home decor retail industry is always facing the challenge of being seen as a luxury instead of a need. But there are needs addressed by home decor: the need for beauty, comfort, and...
Shrinkage for a retailer can be hard to trace, because it usually happens in small increments over time. If your operations management resources is not what it should be, it will be more difficult...
Retail jewelry stores have a challenge – the Internet, where shoppers search for bargains and find a multitude of potential deals. But a savvy jeweler uses the unique experience of being in the presence...