In the last decade, advancements in technology have reshaped how retail companies do business. Following COVID-19, new and immersive technologies like virtual reality (VR), extended reality (XR) and mixed reality (MR) are changing consumer behavior, employee expectations and the shopping experience. Retail is migrating to the metaverse. Years ago, these …
Read More »Microsoft Closing Permanently
Microsoft Is Closing Its Retail Stores Permanently Due to COVID-19 Microsoft has announced it will close all of its physical store locations. Officially, this is due to COVID-19. The memo announcing the change is long on PR-speak, short on actual information. We are told, for example, that “As we look …
Read More »Text Messaging Marketing
Text messaging is the most effective marketing channel most retail brands aren’t using Average e-mail open prices for retail marketing experts are simply over 18%, however greater than 90%of sms message are opened up by receivers– generally within mins. Also as messaging is acquiring in appeal as an advertising and …
Read More »Mya raises $11.4M Series A to streamline recruiting for retail, warehouse and call center jobs
Recruiting is miserable. The experience lacks so many things: transparency, fairness, timeliness and so on that solutions to date have only addressed part of the problem. LinkedIn made the resume digital and put people in (mostly) one place. Others have created labor marketplaces and educational resources to “fix” hiring, but last …
Read More »Xiaomi puts the focus on India with plans to open 100 retail stores
Xiaomi is increasing its office retail presence in China as bids to gain ground stolen by rivals in its homeland, and now it is making that very same push in its second largest market, India. The Chinese company, which is valued at $45 billion, suffered a tough time last year as sales …
Read More »The death of retail is greatly exaggerated
I’ve been thinking a lot about retail these days and I’ve been connecting the dots between the seeming death of retailers like Ralph Lauren and the book industry. In short, we are feeling the seismic echoes of the 2008 crash right now on Main Street and things are both ugly …
Read More »Watch this retail space: 2017 retail prediction
Google has dominated consumer search for nearly 20 years. While this dominance continues today, there is one area of search where it is losing share rapidly: retail product search. Historically, it’s been one of Google’s biggest moneymakers, with retail search accounting for at least 25 percent of total search revenues. A …
Read More »7 ways small retailers can compete with retail giants using Google Shopping
To a small niche retailer, it can seem daunting (almost pointless) to invest too heavily in Google Shopping. After all, how could you ever compete with the major players who have far more money, products and people than you do? Well, the good news is, it is possible to be …
Read More »Barclays agrees to sell French retail business
Image copyright PA Barclays has agreed to sell its French retail banking division as it continues its efforts to streamline its business. Private equity firm AnaCap partners will take over 74 retail branches, a life insurance business, as well as wealth, investment management and brokerage operations. The deal – for …
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