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4 Trends Driving Retailers in the New Age of Data
By Anders Ekman
From Retail Online Integration
Anders Ekman   As data continues to grow at unprecedented speeds, retail organizations must embrace a data-driven mind-set to stay competitive. Considering that 90 percent of the world's data was created in the last two years, this won't be a curve that drops off. With the influx of bigger data and new types of data, retailers of all sizes increasingly depend on large... more »
More On E-Commerce
Why Amazon Should Acquire Sears
From Forbes
Amazon logo   If you have any doubts, just wake up and think about it. It's a win-win for both Jeff "Get Big Fast" Bezos and Eddie "Take the Money and Run" Lampert. Amazon.com gets roughly 2,400 U.S. stores (or "buildings") overnight (1,300 Sears, 1,100 Kmart). The acquisition becomes Bezos’ answer to omnichannel and the proven revenue synergy of consumers ability to shop... more »
More On Management
Lowe's to Pay $500K Penalty to Settle Lead-Dust Exposure Violations
From RTT News
Lowe's   Lowe's, one of the largest home improvement retailers in the U.S., has agreed to pay a penalty of $500,000 for the violation of rules related to minimizing exposure of lead dust during renovations. Lowe's has also agreed to implement a compliance program at its more than 1,700 stores. The U.S Justice Department and Environmental Protection Agency said Lowe's will implement... more »
More On Management
Free E-Book: Payments Dictionary — 205 Words Worth Knowing
Free E-Book: Payments Dictionary — 205 Words Worth Knowing   The payments world is constantly changing and there's a steady stream of new terminology that comes along with it. That's why we created a Payments Dictionary that defines emerging terms while providing definitions on some of the industry's most standard words like interchange, authorization and chargeback.... more »
Target Expands Subscription Service Tenfold
From ABC News
Target_logo_2   Target is vastly expanding the goods available to order by subscription as it fends off its biggest nontraditional retail rival, Amazon.com. The nation's second-largest discounter first dabbled with subscriptions last September, trying to win over haggard parents by making available 150 baby care products. Target expanded that program more than tenfold this week to nearly 1,600 items across a much... more »
Strike at Nike, Adidas China Supplier Halts Output
From Bloomberg
Nike's logo   Striking workers at a Yue Yuen Industrial Holdings Ltd. shoe factory in China halted production for a fifth day in a dispute over company contributions to employees’ social security and housing funds. The stoppage at the shoemaker for sportswear brands including Nike, Adidas and Asics continued while Yue Yuen communicates with workers about an offer to increase the social security... more »
More On Operations & Fulfillment
3 Big Retail Trends to Watch For
From Fourtune
Retail Sales Up   The internet has upended nearly every industry, but perhaps no category has undergone a more radical transformation than retail. Near-global access to the internet and speedy adoption rates of smartphones have spawned countless changes to the way we shop and how retailers compete. In the coming years, there will be many more changes, but here are three big trends to... more »
More On Brick-and-Mortar
Free E-Book: Simple Steps to Increase Profit: Your Official Guide to AdWords
Free E-Book: Simple Steps to Increase Profit: Your Official Guide to AdWords   Most e-commerce businesses advertise to drive sales and/or profit, but track success with a metric — acquisitions — that's only tangentially related. Read this e-book for the right strategies to generating more revenue and profit for your business on AdWords.... more »
Free Whitepaper: Logistics Helps Enhance the Online Shopping Experience
Free Whitepaper: Logistics Helps Enhance the Online Shopping Experience   What matters most to online shoppers? Hint: It's all about the shopping experience, and that includes shipping and returns. A UPS/comScore survey conducted with more than 3,100 online shoppers reveals insights into what makes online shoppers buy more. Learn more about the comScore findings in this whitepaper.... more »
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