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Target Seeks Suppliers as Allies in Battle Against 'Showrooming'

Target's recent letter to its suppliers seeking help in the battle against 'showrooming' – the phenomenon of shoppers browsing brick-and-mortar stores but buying from lower-priced competitors – points up the power mobile devices have put into shoppers' hands. Target wants its suppliers to help by providing more differentiated products and/or lower prices, but many wonder if anything can stem the showrooming tide.
 
Target Seeks Suppliers as Allies in Battle Against 'Showrooming'
JCPenney CEO Outlines Pricing Revamp
Esprit Holdings to Close All 93 North American Stores
2012 RIS/IHL Store Systems Study: Expanding Boundaries

David Phalen of Movado Retail Group focuses on optimizing the labor-to-sales ratio.
 
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Magazine Section
January 2012
In this Issue:
Streamlining the Store

Walking in a Digital Wonderland

The Best of NRF

Customer-Driven Decisions

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Retail Insight Blog

Stop Amazon from Hijacking Customers Part 2
Last week's blog about Amazon hijacking customers not only struck a chord with readers, but it amazingly dovetailed with news from JCPenney and Target that hit the headlines on the same day. JCPenney launched a bold multi-prong pricing strategy simultaneously with Target launching an initiative to combat "showrooming," a trend where shoppers visit stores to look at products and use digital tools to purchase them from online retailers. Here's how it all ties together. 
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