Retail

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified through a supply chain.

Source: en.wikipedia.org

A Motorcycle So Smart Riders Don’t Need A Helmet? BMW’s Big Ambitions
A Motorcycle So Smart Riders Don’t Need A Helmet? BMW’s Big Ambitions
October 13, 2016  |  Retail

There is an old, dark joke in emergency rooms about motorcycles. “What do you call a person who regularly rides a motorcycle?” “An organ donor.”...

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The Haves And Have-Nots Of Predictive Marketing
The Haves And Have-Nots Of Predictive Marketing
October 13, 2016  |  Retail

Predictive marketing — using information from customer data, like purchase history, to determine a pattern and predict future outcomes — was once only available to the...

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University Of Washington, Retail Partners Like Costco, UPS Unveil The Urban Freight Lab
University Of Washington, Retail Partners Like Costco, UPS Unveil The Urban Freight Lab
October 13, 2016  |  Retail

The University of Washington is unveiling a new lab that will allow retailers (such as Costco and Nordstrom), delivery services (such as UPS), urban planners, commercial developers, logistic...

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And The Average Walmart Shopper Is…?
And The Average Walmart Shopper Is…?
October 13, 2016  |  Retail

The average Walmart shopper is a white, 50-year-old woman with an annual household income of $53,125. Since Walmart is the nation’s largest retailer, operating more...

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Walmart Boosts Manager Pay To Skirt Overtime Rules
Walmart Boosts Manager Pay To Skirt Overtime Rules
October 13, 2016  |  Retail

Some of Walmart’s managers are getting a pay raise, but it could be so that the retail giant can circumvent new federal overtime rules, according...

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IKEA, Getting Experimental And The Power Of The Pop-Up
IKEA, Getting Experimental And The Power Of The Pop-Up
October 12, 2016  |  Retail

It is known as the “IKEA effect,” and actual scientific study has been dedicated to it. However, even a non-scientist can watch the IKEA effect...

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David Lauren Steps Up To Head Innovation At Ralph Lauren
David Lauren Steps Up To Head Innovation At Ralph Lauren
October 12, 2016  |  Retail

David Lauren — son of company founder and namesake Ralph Lauren — will be promoted to the newly created position of chief innovation officer, according...

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Why Crate And Barrel Turned To Tablets
Why Crate And Barrel Turned To Tablets
October 12, 2016  |  Retail

In the race to create the best possible customer experience, home goods retailer Crate and Barrel is turning to tablet tech. In collaboration with customer...

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