retail

If Physical Retail Stores Want to Stick Around, They’ll Still Have to Go Digital

By Michael Schnapf It’s no secret that the foundation has been crumbling out from beneath traditional retailers. According to statistics published by Coresight Research, a whopping 5,864 stores shuttered their doors in 2018; by spring of 2019, number of closures for 2019 had already exceeded the total number of store closings of the preceding year. …

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4 Ways to Get the Most Out of Small Business Saturday

By Marie Rosecrans Black Friday, Cyber Monday, Giving Tuesday . . . sometimes it’s hard to keep up with all the shopping “holidays.” But I always make it a point to celebrate Small Business Saturday. Falling just two days after Thanksgiving, it reminds consumers to support the small companies around their neighborhoods, cities, and states. …

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Microsoft CEO Satya Nadella to Open NRF 2020 Vision: Retail’s Big Show

In a press release issued today, the National Retail Federation (NRF) announced that Microsoft CEO Satya Nadella is scheduled to deliver the opening keynote at the federation’s 109th annual convention. Microsoft has supported the NRF’s annual convention for over 20 years, leveraging their IoT, cloud, data, AI, modern workplace and mixed reality solutions to help …

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Report: Amazon is leasing retail spaces to launch a new grocery store chain

Amazon.com Inc.’s burgeoning brick-and-mortar operation could soon include a new grocery store chain separate from Whole Foods. That’s according to a report published today in the Wall Street Journal, which cited the usual “people familiar with the matter” as saying the company has rented more than a dozen retail spaces in the Los Angeles area. …

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We’re 99% NOT Social Media or Location Check-Ins

“We’re 99 percent not social media or location check-ins,” says Foursquare Labs CEO Jeff Glueck. “We are rather a location technology platform that helps other companies with location technology, marketing tools, analytics tools, and the like. We’re actually more ubiquitous than ever. We are like a location layer underneath, an Intel Inside for location. The …

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The Importance of Having a Sound Return Policy

At first glance, an official return policy might seem like one of those tedious administrative items that is easier to ignore than implement. In reality though, a retail business’s return policy intersects with everything from the business’s reputation to employee satisfaction, and even the rates the business pays on credit card transactions. For these reasons …

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