Tag: Retailers

Cash Wrap Counter Ideas For Retailers

Maxime Cohen, Scale AI Chair Professor of Retail and Operations Management McGill University’s Desautels Faculty of Management says that a cash wrap is the area inside the store where customers pay. It also includes surrounding retail displays. The cash wrap of a store is not just where transactions take place. It plays an important part in increasing […]

Three Ways Retailers Should Use AI to Increase Sales

The retail sector has enormous potential thanks to artificial intelligence (AI) technologies. These technologies are widely used in finance and healthcare. Total articles previously mentioned the potential of AI to revolutionize online shopping. But instead of dreaming about the future, let’s look at three practical uses of AI currently available for ecommerce sites. Review To help them find […]

Online Retail’s Future is Offline

Retailers have had a busy year, to put it mildly. Most of the discussion has revolved around how brands should think digitally first. Drew Green, the CEO of Indochino (a made-to measure menswear company), ended the panel discussion at East with a powerful statement. Green stated, “I believe that in the next five year’s, every online brand in […]

Food Retailers must maintain employee morale in order to weather a crisis.

Over the past few months, many retail categories experienced an increase in online sales. Mid-April saw a 68 percent increase in U.S. retailers’ revenue year-over-year. The popularity of BOPIS (buy online, pick-up in-store) also increased. Walmart Grocery was quickly ranked No. In fact, Walmart Grocery quickly became the No. 1 shopping app in April. But, fear of falling ill, […]

Best Buy joins growing list of retailers closing stores on Thanksgiving Day

CNBC reported that Best Buy is the latest retailer to announce that it will close its stores on Thanksgiving Day. For the second consecutive year, Black Friday deals will be offered online by the company. Best Buy joins an increasing number of retailers who are sharing holiday season plans. Target and Walmart will also close on Thanksgiving Day. Black […]

How Retailers Can Blowout Back to School

It has been almost a year and a half since schools were closed across the country. Although there are many unknowns regarding the pandemic, families are trying to return to school in a way that is normal. Retailers are always busy at the beginning of school year. We surveyed more than 23,000 students about their back-to school […]

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