LL Flooring Finds Last-Minute Buyer, Business to Remain Open
After securing a last-minute buyer, LL Flooring is reversing course on shutting down all of its stores. The hardwood flooring retailer formerly known as Lumber Liquidators signed an agreement with private equity firm F9 Investments for a sale of its business on Friday afternoon. Under terms of …
Loyalty Barometer: Your Guide to Brand Success
Delve into the evolving consumer mindset. Our in-depth report surveyed 1,500 customers to uncover the key drivers of customer loyalty and explore how brands can adapt their strategies to meet changing consumer preferences. Discover how to create lasting relationships, foster customer engagement, and inspire brand …
How a Culture of Digitalization Can Transform and Modernize Retail Operations
The most successful retail brands in the world — Amazon.com, Target, Walmart, among others — have fully embraced digital transformation to deliver better shopping experiences and increase customer satisfaction and loyalty. The fast moving, highly competitive and lucrative retail industry only continues to grow. Adobe …
Reimagining Store Operations: Unifying the Associate Experience
In the last few years, retail stores have transformed from delivering basic sales functions into much more. They’re now customer engagement hubs, micro-fulfillment centers, omnichannel service centers and much more. As the lines between channels continue to blur, the variety, volume and velocity of store …
Nordstrom Proposes $3.8B Deal to Go Private
Nordstrom is looking to go private, with members of the Nordstrom family offering $3.8 billion to seal the deal, according to a report from The Seattle Times. Nordstrom CEO Erik Nordstrom and his brother Pete, who serves as president of the company, announced Wednesday they …
Retailers’ Secret Weapon for Holiday Success: Server-Side Tagging
E-commerce holiday spending reached an impressive peak of $1.17 trillion in 2023, up 3 percent from 2022. If this trend continues — as many analysts expect — then retailers are in for a challenging but lucrative 2024 season. Retailers’ obstacle (or their opportunity) will be …
Win the Holiday Season … Without the Headache
In a tough economic landscape and presidential election year, it’s important to know the right strategies to win the holidays amid these challenges. After all, in times of uncertainty, people are less apt to spend their hard-earned dollars. With the holiday season approaching, this might …
Managing Labor in a Tight Retail Market: A Tale of Two Supply Chains
Several factors have come together to compel retail executives to tighten up their future plans and their balance sheets. Nervous about recent shipping disruptions, retailers prepared for peak season unusually early. They’re also under greater financial scrutiny; despite a deceleration in inflation, costs overall remain …
The Intersection of Retail and Language
The internet has made the world feel smaller by connecting people from all over the globe seamlessly. This accessibility has rapidly evolved the retail landscape beyond national borders, opening doors for retailers to increase their customer bases and global footprints. However, these opportunities do not …
How to Manage the Retail Crime Crisis
No person should fear for their physical or psychological wellbeing at work. In the retail industry, however, this has become commonplace. Recent data shows that 88 percent of retailers have identified more aggressive and violent shoplifters compared to one year ago. In addition, in 2023, …