What is a store worth?
Retailers who want to measure the full value of their physical stores need to consider factors in addition to in-store sales.
retail
How A Retail Chain Without A Website Powered Through The Pandemic
Burlington shut down online sales in March right before coronavirus lockdowns. But it's among the discount retailers that have endured the pandemic surprisingly well, even opening new stores.
The Dollar Store Backlash Has Begun
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The U.S. has added 10,000 of these budget retail outlets since 2001. But some towns and cities are trying to push back.
The Next Phase of the Retail Apocalypse: Stores Reborn as E-Commerce Warehouses
As the demand for in-person shopping diminishes, landlords, startups and retailers are converting abandoned stores into online fulfillment centers.
the-high-price-of-dollar-stores | Babson College
Learn to build and maintain strong corporate innovation programs via innovation training and innovation infrastructure, with in-person and online innovation courses and advising.
Using K-Means to detect changes in a retail store | Towards Data Science
Unsupervised techniques to identify changes in the behavior
How Tuesday Morning went bankrupt
After more than 45 years as an off-pricer, the retailer hit the skids when COVID-19 forced its doors shut and zeroed out revenue. Now it hopes to slim down in Chapter 11.
Complete guide to machine learning and deep learning in retail
The stores aren’t dead yet
The unsung customer-loyalty hero? The post-purchase experience
See how brands can re-imagine the post-purchase experience to create loyal customers globally.
Retail Analytics: A Novel and Intuitive way of finding Substitutes and Comp
Retail Analytics: Data Science for Retail
Costco is refreshingly boring
The company's values used to just be considered good business sense. Not anymore.
Why Restoration Hardware Sends Catalogs the Size of a Toddler
The surprising persistence of the mail-order business
Never Mind the Internet. Here’s What’s Killing Malls.
Yes, the internet has changed the way we shop. But taken together, other factors have caused greater harm to traditional retail stores, an economist says.
Why it only costs $10k to ‘own’ a Chick-fil-A franchise
In the U.S, the majority of fast-food restaurants aren’t owned by the corporation itself, but by franchises who pay for the right to use a brand name. A Chick-fil-a franchise fee is only $10K!
A 2020 guide to smart discounting
Polly Wong, managing partner at Belardi Wong, offers tips for crafting customer offers while avoiding discount fatigue and harm to the bottom line.
An Ode to the Video Store Chain, on the Occasion of Blockbuster’s Demise
Ah, video stores, where viewers—and cinephile clerks—got to develop eclectic tastes.
Meet the man keeping America's dead malls alive
Is there hope for our once-beloved social and commercial centers?
4 Online Merchandising Hacks to Increase Profits
Retailers seek to avoid markdowns and sell out of the season at full margin, but it isn’t easy to predict how much inventory to acquire. In this post, I'll address four online merchandising tactics that balance consumer demand with inventory levels, to maximize profits.
Amazon is a boring retailer — Benedict Evans
Amazon is so new, and so dramatic in its speed and scale and aggression, that we can easily forget how many of the things it’s doing are actually very old.
The tiny video store that survived Netflix
In the wake of an algorithm-led video store apocalypse, Captain Video stays afloat by offering a rarity: human interaction.
The inherent value of identifiable store traffic
Many attributes of the customer journey are very predictable and can be planned for to create and convert inbound store footfall.
Why Dollar Tree has struggled to grow Family Dollar
Dollar Tree has struggled to grow Family Dollar because of its different business model.
The Aldi effect: how one discount supermarket transformed the way Britain s
The long read: When Aldi arrived in Britain, Tesco and Sainsbury’s were sure they had nothing to worry about. Three decades later, they know better
They turn deals into dollars, raiding clearance aisles and reselling it all
How one family plans to make $150,000 this year with retail arbitrage
Best Buy’s Secrets for Thriving in the Amazon Age (Published 2017)
Hubert Joly, Best Buy’s chief executive, has reshaped nearly every aspect of the business. He explains the playbook behind the company’s success.
Business school grads and quants are winning the battle to create the next
These days my Instagram feed feels more like QVC than a social network. And many of these companies are enjoying tremendous success pitching natural deodorants, unique underwear, creative candles, glam glasses, stunning shoes -- all manner of well-crafted microbrands. We’re…
Forever 21 visual search tool boosted purchase value by 20%
The fast-fashion retailer has debuted, and quickly expanded, an AI-based visual search and navigation tool for its mobile and e-commerce business.
Inside the 20-year decline of Toys R Us
Cost cuts, stressed employees, intercompany rivalries, dirty floors, dusty rafters, glitchy IT, fudged metrics: The people who ran the failed toy retailer's stores know what went wrong.
4 Marketing Lessons from Opening a Brick-and-mortar Store
Lessons learned from opening a brick-and-mortar retail store may apply to online merchants, providing insights about promoting products, driving sales,
America’s ‘Retail Apocalypse’ Is Really Just Beginning
The spillover from retailer debt will flow far and wide across the economy.
Place authenticity’ is an important overlooked part of life | Psyche Ideas
From indie bookshops to artisan cafes, spending time in unique, characterful places can enrich your own sense of self