Tag Archives: innovation

Reniventing the Interior of the Supermarket?

For the past several years, supermarkets have faced a barrage of new competitors, from big-box stores such as Wal-Mart and Target (which have increased their emphasis on food products in their product mix) to specialty chains such as Whole Foods … Continue reading

Posted in Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , , , , , , , , , | Leave a comment

Improving Retail Decision Making

According to APT (Applied Predictive Technologies): “Improving a retail business requires creativity and consistency. Although executives are full of ideas about how to improve their business, they lack the tools to consistently make the right ‘call.’ Great ideas, when tested … Continue reading

Posted in Part 1: Overview/Planning, Part 3: Targeting Customers and Gathering Information, Part 8: Putting It All Together, Technology in Retailing | Tagged , , , | Leave a comment

Walgreens Innovates with Text Alerts

The Walgreens drugstore chain has developed a clever and very customer-friendly competitive advantage through its new text alert program for prescription drugs. The highlights of the program are shown here.

Posted in Part 1: Overview/Planning, Social Media and Retailing, Technology in Retailing | Tagged , , , , | Leave a comment