An Interesting Look at Sales Tax Holidays

Posted on July 14, 2014 by bermanevansretail
We know that most states require retailers to collect sales tax. But did you know that there are many sales tax holidays for specific goods and services?
Avalara, a sales tax automation company, has developed a neat interactive sales tax map of some tax holidays.
Click the map below to see Avalara’s sales tax map. Learn what the states highlighted below in blue are doing.

 

 

Posted in Part 4: Store Location Planning, Part 5: Managing a Retail Business | Tagged , , , , , , , | 1 Comment

Strengthening Omnichannel Security

Posted on July 11, 2014 by bermanevansretail
With all of the retail security breaches, consumers want to feel more secure that their personal data are not being compromised — especially across multiple channels.
As Ping Identity puts it:
“Consumers expect and trust that their data are secure as they switch from channel to channel. As companies race to keep up with consumer demand, security often is left by the wayside. But you don’t have to sacrifice security for an optimal customer experience. Securing all channels starts with security identity. Without an underlying identity layer to bridge the gap, the quality of the customer experience will continue to decline, and security gaps will continue to widen. An omnichannel approach makes the world more convenient, but 20th century security doesn’t cut it.”
Here is an informative infographic from Ping.

 

 

Posted in Part 5: Managing a Retail Business, Privacy and Identity Theft Issues | Tagged , , , , , , | 3 Comments

Fast Company’s 2014 Ten Most Innovative Retailers

Posted on July 8, 2014 by bermanevansretail
Each year, Fast Company compiles a number of industry lists ranking the most innovative companies in the world. One of Fast Company’s industry lists ranks its ten most innovative retailers.
Here is Fast Company’s 2014 retail list:
  1. Warby Parker
  2. Amazon.com
  3. Legaspi Company
  4. J. Crew
  5. Wal-Mart
  6. eBay
  7. Burberry
  8. Zady
  9. Farfetch
  10. Macy’s
Click the image related to Warby Parker to read a lot more.

 

 

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together, Technology in Retailing | Tagged , , , , , , , , , , | 1 Comment