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.
Posted: 1/31/2012 10:24:30 AM by
Joseph Skorupa | with 2 comments
By the end of 2012 Amazon revenue will top $60 billion and it won’t stop there. In 2015, according to Morgan Stanley, it will top the $100 billion mark. Retailers know a great deal of Amazon’s revenue is coming from customers who visit their websites or stores before completing the purchase from Amazon. So, essentially, Amazon is hijacking your customers. Here’s what you can do to fight back.
Posted: 1/24/2012 8:59:40 AM by
Joseph Skorupa | with 6 comments
Whenever you gather the smartest and most successful retail executives in one location you pick up some nuggets of useful information that are so cool you can’t get them out of your head. I did a lot of listening to some brilliant people for four days and gathered the best of what I heard. Here are the good, the great and funniest statements I heard at NRF.
Posted: 1/18/2012 1:49:28 PM by
Joseph Skorupa | with 6 comments
ARTS (Association for Retail Technology Standards) sets a high standard for white papers. Last year it released the comprehensive Mobile Retailing Blueprint. Today, it is releasing the Social Retailing Blueprint. I received an early copy of the 144-page report and pulled out 10 social retailing tactics to help retailers optimize their go-to-market strategies in the emerging field of social retailing.
Posted: 1/10/2012 10:18:45 AM by
Joseph Skorupa | with 0 comments
The recent naming of the top and bottom 10 retail companies to work for has been a phenomenon among RIS readers and Web visitors, setting records for click-throughs and generating incredible readership interest. But does judging a company by how it treats employees, customers and the planet really mean it is a good or bad company? Or is this squishy logic? I think it most definitely matters, and here’s why.
Posted: 1/3/2012 1:33:21 PM by
Joseph Skorupa | with 1 comments
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Retail Insight
Joe Skorupa
Editor-in-Chief, RIS News
Before becoming group editor-in-chief of RIS News, Joe was editor-in-chief of Hospitality Technology, Consumer Goods Technology and VSR magazine. All are media franchises of Edgell Communications, which Joe joined in 2001. In 2002, the American Business Press judged a series of columns Joe wrote for Hospitality Technology to be one of the three best regularly featured columns in the country. In addition, he is a frequent speaker at industry events and is frequently quoted in USA Today, American Public Media (for NPR), Washington Post and others. |
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Top 10 Takeaways from the 2012 Store Systems Study 1/25/2012 2:00:00 PM (EST)
Moderator: Joe Skorupa, Group Editor-in-Chief, RIS News
Panelists: >>Lee Holman, Lead Retail Analyst,IHL Group >>Charlie McCarter, Regional Sales Director, SMB Retail Solutions, Dell Inc >>Barry Wise, Industry Consultant, Epson America, Inc.
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Leveraging WFM Analytics to Improve Labor Optimization
Retailers who have deployed automated workforce management solutions, such as budgeting, forecasting, scheduling, timekeeping and task management, have access to volumes of valuable data, which can yield a wealth of analytical information to improve workforce optimization and labor allocation. Explore how to build the optimal workforce management dashboard and gain actionable insight to improve labor optimization initiatives.
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Mobile and Tablet Shopping Demystified -- Adoption and the ROI Business Case
Kony is proud to sponsor Aberdeen's new report titled, "Mobile and Tablet Shopping Demystified -- Adoption and the ROI Business Case" by Principal Analyst, Sahir Anand. Between July and August 2011, Aberdeen surveyed 300 enterprises to assess the consumer, process and technology factors that are shaping the roll-out and gradual expansion of existing mobile and tablet shopping initiatives. This Analyst Insight details business and customer success cases, and forward-looking roadmaps that are likely to define this space in the coming months.
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