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Author Archives: bermanevansretail
Nordstrom Tries an Extreme Makeover
Although Nordstrom has been a leading upscale retailer for decades, it has decided that it needs to revamp some of its business practices. As Cotten Timberlake writes in Businessweek: “In Nordstrom’s case, it’s a matter of wooing more fashion-conscious women. Since … Continue reading
What’s Wrong with the U.S. Supermarket Business?
The supermarket industry continues to face tough competition. As reported in the Wall Street Journal: “Squeezed by Wal-Mart, high operating costs, and thin margins, traditional supermarket chains are struggling to compete for consumers dollars. The latest casualty: Supervalu shares plunged … Continue reading
Retailers Now Tracking Shoppers’ Eye Movements
To determine more about what spurs shoppers’ decisions, retailers are experimenting with eye-tracking technology. Watch this Wall Street Journal video to learn more. [Note: There is a brief ad at the beginning of the video.] Photo by Getty Images
