Receipts Can Provide Big Data

Posted on January 29, 2016 by bermanevansretail
Retailers have a great data resource that may be underutilized and underanalyzed: the ordinary E-mail receipt.
Take a look at this infographic created by Receiptful.

What We Learned from Sending 100K Email Receipts

 From Visually.

 

Posted in Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Technology in Retailing | Tagged , , , , , , , | 2 Comments

Global Retail Logistics: An Infographic

Posted on January 28, 2016 by bermanevansretail
In today’s retail supply chain, global logistics has become a much more important activity to optimize.
As Mike O’Brien reports for Multichannel Merchant:
“With the rapid growth in E-commerce here and across the world, global retail logistics have become more complex and merchant companies are challenged to keep up. This infographic from 2Flow details the impact E-commerce has had on logistics and distribution networks in both established and emerging markets.”
Click the infographic for a larger view.

 

Posted in Global Retailing, Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Technology in Retailing | Tagged , , , , , , , , | 1 Comment

Four 2016 Video Forecasts by TIAA-CREF’s Chief Economist

Posted on January 26, 2016 by bermanevansretail
TIAA-CREF, the full-service investment firm that manages nearly $835 billion in assets, recently produced a series of short videos about the year ahead (2016) featuring its Chief Economist Tim Hopper. 
1. The U.S. economy should accelerate modestly this year.
2. Fed rate hikes could stimulate economic growth this year.
3. The U.S. economy is on a path toward sustainable growth in 2016.
4. China’s slowdown puts a damper on global growth.

 

Posted in Global Retailing, Part 1: Overview/Planning, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 7: Communicating with the Customer, Video Clips (non-career) | Tagged , , , , , , , , , , | 1 Comment