While venture capital (VC) funding is not for every company in the retail industry, it is a vital lifeline for startups — one that can make the difference between success and failure, particularly for highly tech-dependent businesses. At the Retail Innovation Conference & Expo last week in Chicago, during the “Candid Conversations on What’s Next…
In the world of wholesale e-commerce, efficiency and organization play vital roles in enhancing customer experience. And what’s an order form feature that can prove beneficial to both shoppers and store owners alike? Wholesale Order Form’s Product Category table element. If you’ve been using Wholesale Order Form for a while, then you already know that…
Our recent study conducted with IHL, How Retailers Win Loyalty in an Omnichannel World, looks into the need for all retailers to take a firm hand in optimizing their inventory. But it’s physical retailers that have the most to lose by not doing so. The backdrop to this, as we’ve witnessed, is that there’s an…
In Shein’s ongoing efforts to stave off the threat of rival discount shopping app Temu (which overtook Shein as the No. 1 shopping app in America in April 2023), the company is expanding its product assortment beyond fashion and has signed agreements to sell products from brands including Skechers and Lansinoh. The product expansions will be enabled by…
Andy Dunn, founder of Bonobos, will join WHP Global in an advisory role to help the company manage the recently acquired Bonobos brand. He will partner with Express CEO Tim Baxter and Bonobos President John Hutchinson to help drive the future of the brand. Dunn originally departed from Walmart and Bonobos in 2020 but did…
Long a go-to for fitness and nutrition nuts, GNC is going after a new segment of consumers — gamers — as part of its ongoing mission to help “every competitor fuel their skills and achieve their goals.” GNC will now carry CTRL’s line of food supplement products aimed at helping gamers — not typically known to…
Netflix has always been data-obsessed, long before that was seen as a must-have for any organization. And that focus on having a granular understanding of its customers and their behaviors has helped Netflix reshape an entire industry. According to Nikkia Reveillac, Netflix’s Director of Consumer Insights, it’s something that any company can do with the…
I don’t usually write stories in the first person, but I was inspired by Johnny Earle, Founder of Johnny Cupcakes — a “bakery” that doesn’t sell real food — to bend the rules of journalism just a bit. One of the big takeaways from his keynote at the 2023 Retail Innovation Conference & Expo in…
Stitch Fix has named former Macy’s Chief Customer and Digital Officer Matt Baer to the role of CEO and a member of the Board of Directors, effective June 26, 2023. Founder, interim CEO and Executive Chairperson of the Board Katrina Lake will work closely with Baer as he transitions into the role, then will continue…
GoBolt’s Merchant Portal is a web-based app with a suite of features designed to enable retailers to manage their orders, inventory and shipments more effectively so they can stay on top of their fulfillment and delivery operations and make better informed decisions. The solution aims to give retailers the ability to monitor orders in real…
