Lessons from the Recession for Assortment Planning

Posted on September 17, 2012 by bermanevansretail
As Matt Pillar reports for RetailSolutionsOnline.com: “Assortment planning execution was a key failure point among many retail brands that fell victim to a crashing economy in 2009. Here, Joe Apprendi, president at ITR Software, explains how an effective assortment planning process helped some retailers get back to thriving.” Click the photo for the full story.

Photo by Niscayah (now part of Stanley Convergent Security Solutions, Inc.)
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

Starbucks and GIS

Posted on September 17, 2012 by bermanevansretail
Starbucks is using technology-driven GIS (geographic information systems) to best assess the promise of retail locations.
Click the Starbucks’ icon to learn more from GIS firm Esri.

Posted in Part 4: Store Location Planning, Technology in Retailing | Tagged , , , , , , , , | Leave a comment

Online Shopping Expected to Boom During Holiday Season

Posted on September 16, 2012 by bermanevansretail
eMarketer states that online shopping is forecast to do quite well this holiday season: “Despite an economy that continues to be tough for many consumers, another strong U.S. online holiday shopping season is taking shape. Consumers will turn to the Internet to stay within their budgets, locate hard-to-find gifts, and avoid  crowded stores, according to a new eMarketer report.”
Click the chart to learn more.

Posted in Online Retailing, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Social Media and Retailing | Tagged , , , , , , , , , | Leave a comment