By Pierre Barbeau, CEO Mobilco Give your customers and associates the same experience they expect as consumers. In recent years, mobile engagement has become vital to wholesale distribution for various reasons. The widespread usage of mobile devices, including smartphones and connected devices, has transformed our daily interactions and transactions, both personally and professionally. Over 60%…
By: Pierce Smith, Senior Content Marketing Manager at Conexiom Picture this: a surge in customer demand, an influx of orders flooding your inbox, and a dedicated team overwhelmed by the sheer volume of manual tasks required to process them. This type of logistical challenge has plagued customer service and sales teams for years. Manual order…
Walmart will reportedly shut down its Store No. 8 innovation unit, according to the Wall Street Journal and other media outlets, as the retailer seeks to cut costs and find new ways to develop and test new ideas. The division, which was formed in 2017 following Walmart’s acquisition of Jet.com, has been the incubator for…
Over five days and a growing portfolio of on- and off-site events, the National Retail Federation brought together more than 40,000 attendees and 1,000+ exhibitors in NYC. And after three years of pandemic aftershocks, industry experts confirmed what everyone in attendance felt (especially in their aching feet): the Big Show is officially back. The positive…
Retail media has been all the rage for the last couple of years, and for good reason. For retailers accustomed to a 10% margin, the 80% to 90% margins of a retail media network are extremely appealing. For the buy side, as privacy regulations and browser changes have come down on the traditional mechanisms for…
Continuously expanding your wholesale customer base is a key driver of business growth and sustainability. This is why B2B customer acquisition should also be an essential focus of your strategies. Fortunately, the digital age provides wholesalers like you with countless opportunities to acquire new customers! In this guide, we’ve enumerated key B2B customer acquisition strategies…
Shipt has launched an innovation lab focused on “big thinking to centralize delivery and product experiments across the country,” according to a statement from the company, which is an independently operated subsidiary of Target. The lab will explore the potential of newer fulfillment methods like drones, as well as monetizing virtual experiences that can put…
Best Buy Canada has partnered with Bell Canada to operate 165 stores in malls and smaller and mid-sized communities across the country. The stores, which had been branded as The Source, a wholly owned subsidiary of Bell, will be renamed Best Buy Express and offer both Best Buy consumer electronics and telecom services from Bell….
Macy’s, Inc. is laying off 13% of its corporate workforce, amounting to approximately 2,350 jobs, and plans to close five stores as incoming CEO Tony Spring prepares to take the reins. The cuts are part of a new strategy that Spring will implement when he takes over from current CEO Jeff Gennette next month, multiple…
Saks Fifth Avenue wasn’t always known by that name. As CEO Marc Metrick pointed out, in its early days, when it was based in NYC’s Herald Square neighborhood, the company was simply known as Saks. It wasn’t until 1924, when the store moved uptown to its now iconic location on 50th Street, that “Fifth Avenue”…
