A Quick Thanksgiving Retail Recap: 5 Facts That Might Surprise You

With the Thanksgiving to Cyber Monday shopping stint behind us, it’s time to dig into the much-anticipated figures around retail’s performance from the biggest shopping weekend of the year. Here are 5 interesting facts on what really went down – with all the data and figures to prove it:

Read More

Topics: brick-and-mortar retail, data, e-commerce, holiday shopping, holidays

3 Retail Inventory Management Challenges for the 2018 Holiday Season

As the sugar high from Halloween subsides, retailers are shifting their focus to the next holiday spending rush this season: Black Friday. The dangerous combination of pumpkin-spiced lattes, a strong economy, and product deals and discounts will fuel consumers into the eagerly awaited shopping period for retail.

The outlook on holiday spending this year is optimistic. Retailers are getting holiday ready and pulling out all the stops, such as Target and Walmart's free two-day holiday shipping rollout and Wayfair's holiday pop-ups

However, the difficulties in achieving success during the holidays always fall back on how effectively a retailer can manage their inventory. Are you providing the right product, in the right amount, at the right time and place? Here are some of the biggest inventory management challenges retailers must overcome this holiday season:

Read More

Topics: brick-and-mortar retail, merchandise planning, merchandise assortment, product assortment, data, inventory, e-commerce, holiday shopping, holidays, demand prediction, order fulfillment, advanced analytics

Optimize Omnichannel Fulfillment for the Holiday Season

We’re just a quick block and jingle bell ring away from the holiday season — a high stakes, strategically coordinated shopping season retailers strive to perfect each and every year. 

At this point, inventory assortment plans and buys have been squared away.

However, once the frantic shopping frenzy ensues, the scale of orders coming through (from any and all channels) becomes increasingly difficult to manage. When an e-commerce purchase is made, retailers are bending over backwards to meet customer expectations even at the expense of a more profitable sale.

“[O]nline sales are growing at a respectable rate for many omnichannel retailers in large part because they continue to bear nearly all the associated costs of attracting and accommodating online shoppers, while their store-based sales often languish.” - WWD

Read More

Topics: order fulfillment, fulfillment optimization, cross-channel demand, demand prediction, customer preference, advanced analytics, holiday shopping, ecommerce, holidays

Top 3 Post-Christmas Holiday Spending Takeaways of 2017

The impact of the holiday season for most retailers isn’t entirely clear yet and won’t be until after the New Year. However, based on what is available so far, I’d say it’s looking pretty good for most. :)

From overall retail spend to post-Christmas opportunities, the most successful retailers are pushing through the end of an incredibly disruptive year to reach the bright light at the end of the tunnel. Here’s what we learned from the holiday season until now:

Read More

Topics: brick-and-mortar retail, ecommerce, consumer insights, holiday shopping, holidays, consumer spending, retail spending

Did Retailers Survive the Black Friday Shopping Weekend? A Look at the Results.

I know, I know. So many holiday-themed forecasts have taken over our blog recently. Luckily for you, today we’re not going over any forecasts. That’s right. Let’s take the guesswork out of the picture and review the Thanksgiving holiday weekend results. 

Read More

Topics: brick-and-mortar retail, ecommerce, holidays, consumer insights, consumer spending, holiday shopping

Ready for more?

Request a Demo