Walmart teams with Environmental Defense Fund on Project Gigaton to reduce greenhouse gas emissions
Walmart says collaboration is needed due to population growth, and goals of millennials and Gen Z’ers. Company says consumers, communities and…
Author: Al McClain
Is Apple reinventing itself with HomePod?
Apple’s new HomePod device, unveiled this week at its developer conference, aims to compete with Amazon’s Echo and Alexa, and in…
Sears publishes internal list of 72 stores to close
Sears released a list internally of 72 more stores to close (mostly in September), in addition to the more than 180…
JC Penney to open dorm shops in 500 stores
JC Penney said Tuesday it is opening dorm shops in 500 of its store locations, carrying items like bedding, mini refrigerators,…
Macy’s issues cause retail stock slide
Macy’s triggered a sell-off in department store stocks, after warning Tuesday that gross margins would be worse than forecast in February….
New chairman to be named at Carrefour
44 year old Alexandre Bompard is to be named the new chairman of Carrefour in the coming days, set with the…
What almost killed brick & mortar retail could save it
Professor at NYU’s Stern School of business believes that mobile technology could help save physical stores. Anindya Ghose argues in new…
Lowe’s innovates because it has to
At last week’s Shoptalk conference, the executive director of Lowe’s Innovation Labs detailed why innovation is so important for retailers. Should major brick and mortar retailers invest heavily in innovation labs as a way to experiment with new ideas, get creative, and find ways to rejuvenate the physical shopping experience?
Is the craft brand trend healthy for big retailers and manufacturers?
With the rise of craft brands, it may be that retailers are better able to differentiate their experience and value instead of just selling the same SKU’s as everyone else. How do you see the craft brand trend affecting the future of large consumer products companies?
How can retailers satisfy entitled consumers?
Shoppers research products before entering a store, search for better values online while in a store, and sometimes know more than a store associate. A Forrester session at Shop.org showed how the shopper’s journey has gotten so digitally connected that shoppers feel entitled, and “empowered with attitude.” What are the best ways to satisfy the increasing demanding digitally connected shopper?