Monthly Archives: July 2012

How to Better Use Pinterest in Market Segmentation

Pinterest (an online pinboard, where you can “organize and share things you love”) is a social media phenomenon, attracting millions of users each day — who “pin,” browse, get receipes, etc. Now, it is time for retailers to better utilize Pinterest … Continue reading

Posted in Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Social Media and Retailing | Tagged , , , , | Leave a comment

E-Commerce & Multi-Channel Fulfillment

In a recent white paper, Exel (a contract logistics provider) noted that: “Due to the rapid increase in online sales, many retailers are outgrowing their supply chain infrastructure, forcing a decision of how and where to invest. Because of this … Continue reading

Posted in Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , | Leave a comment

Retailers’ Urban Idea: Think Smaller

When many big-box retailers — and even chains with medium-sized stores — move into urban locations, they need to think differently. The smaller space has to be used creatively. According to Stephanie Clifford: “As young Americans move to cities, retailers that grew up … Continue reading

Posted in Part 4: Store Location Planning, Part 6: Merchandise Management and Pricing, Part 8: Putting It All Together | Tagged , , , , | 1 Comment