retail

Technology and Innovation Powering Levi Strauss Growth Strategy, Says CEO

Levi Strauss began trading on the New York Stock Exchange this morning under the ticker symbol ‘LEVI.’ By mid-afternoon, the stock was at $22.66, substantially higher than the price offered to institutional investors. It’s clear that investors believe that Levi’s can leverage technology and innovation to successfully compete online and in brick and mortar stores. […]

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John Oliver Tackles the Dreaded A-Word: Automation

(If you cannot view the video, please click here.) Industrial automation is coming During the most recent episode of HBO’s Last Week Tonight, John Oliver hilariously covered the potential impact of automation within the modern workforce. It’s the unlikeliest of topics one would expect to see on late night television, but it is one that’s

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Retail Demise Due to Rise of the Internet and Inability to Keep Up

The demise of many retail chains is due to the rise of the internet and the inability of some retailers to keep up, says long-time retail executive Gerald Storch. “The proximate cause of the demise of chains like Charlotte Russe, Gymboree, Payless, Toys R Us, and Sears is the rise of the internet and their

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Can Your Small Business Benefit From Seasonal Packaging?

By Katie Shabi It’s that time of year. Since October the shelves at the grocery store have been stocked with food, drinks, and household items covered in packaging featuring the colors and themes of the season. Special seasonal packaging has become an important part of the holiday season for big brands over the last few

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Master the Skills of Training & Motivation to Grow

As a business owner, the success of your business depends on your ability to train and motivate your people. Ask yourself 3 questions: Do you want your team to perform at a higher level? Do you want to improve their customer service skills? Do you want your business overall to run more efficiently? If you

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Data on why retail icon Sears fell in new ecommerce economy

Sears, which long ago pioneered an early form of ecommerce through its catalog business, didn’t foresee a shifting landscape that started 25 years ago in Jeff Bezos’ garage in Seattle. While the U.S. retail giant could have carved out a strong presence in ecommerce, it failed to act back in 2005 when Amazon became the

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What is Uniquely Different About the New Amazon 4-Star Store?

Amazon 4-Star is Amazon’s first retail store focused on selling Amazon’s products. The first of presumably many stores just opened in the Soho area of New York City and of course has made a big splash in the media. But what’s special about this store and what makes it a unique shopping experience? Amazon Physical Stores

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How to Use Data to Become Incredibly Customer Centric

Steve Stone, former CIO of L Brands and Lowes, recently discussed how retailers can use data to serve their customers better and become incredibly customer-centric: Retail Grew Up Differently When you think about retail, retail grew up differently. We started with stores and then we eventually added e-commerce. We were also very much notorious best-of-breed

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