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National Retail Federation CEO says Trump's tariffs 'aren't going to work,' will raise prices

Tariffs don't work and they're not going to work this time, says NRF CEO 9:36 AM ET Wed, 11 July 2018 | 04:32 The Trump administration's tariffs against China are hurting American consumers instead of resolving trade issues with country, National Retail Federation president and CEO Matthew Shay told CNBC on...


The Value of Software Supply Chain Transparency

by Stephen White | | Submit a Comment Last summer I witnessed a passionate presentation addressing the need for greater transparency in the software supply chain. Many end user organizations may concur, interestingly the presentation was delivered at a vendor’s own event by another software vendor. The past month has witnessed many...


The Rise of Personalized Products in Retail

Today's marketplace is noisy and cluttered, making it challenging for both consumers and retailers alike to differentiate themselves. In the midst of mass-produced products and cookie-cutter retail shops, personalized products have emerged as a popular choice among shoppers and businesses alike. When implemented correctly, personalization offers an appealing, cost-effective way for...


How Content Can Ring Up a Better Retail Experience

If you want to significantly disrupt consumer shopping patterns, it doesn’t hurt to invent a sales holiday. That’s just one of the many retail marketing takeaways to learn from the success of one of retail’s most powerful forces of nature: Amazon. The so-called “everything store” launched its members-only one-day shopping extravaganza,...


Lauren Bitar on Retail's Growing Pains — and Overcoming Quick Fixes

Lauren Bitar often has to act as a mediator — and hold interventions — for retailers who are looking for umbrella solutions to their retail woes. Like addicts, the head of retail consulting at RetailNext argued, they need targeted help and a patient approach.Data analytics, innovation, e-commerce and technology may...


Google Works With Shopify to Spur Commerce, Retail Ad Spending

LISTEN TO ARTICLE 4:08 SHARE THIS ARTICLE Facebook Twitter LinkedIn Email Shopping ads have become a powerful sales spigot for Alphabet Inc.’s Google. So the company is doubling down on them, launching a new tool designed to draw even more spending from e-commerce businesses and drive offline sales. With the new feature,...


Underneath Amazon's Shadow, Local Retail Is Reinventing Itself in Seattle

This article appears in print in the July 2018 issue and was written in partnership with Seattle Business magazine. Click here for a free subscription to Seattle Business and click here to subscribe to Seattle magazine. This March, an unusually subdued guest dropped by Jimmy Kimmel Live. Though once widely beloved...


In Sales Forecasting, Quality Is the New Accuracy

Tweet “The sales team forecasts $100 million in revenue for the quarter.” Many companies motivate employees with incentives for matching sales results to predictions. Some punish them for being wrong. Some do both. A constant lament: “Why, oh why, can’t I get an accurate sales forecast?” . “Businesses often use forecasts to project...


The Monday Interview: Talking shop on the future of retail

Former senator Lorraine Higgins took up her post as chief executive of business lobby group Retail Excellence last week. She talks to Pádraig Hoare about the challenges ahead. Retail Excellence chief executive Lorraine Higgins and chairman JP Kennedy, also the managing director of TileStyle, submitting the organisation’s 2019 pre-budgetsubmission to Government....


Amazon's biggest strength is sometimes its weakness, says CEO who built $1 billion business ...

Amazon founder and CEO Jeff Bezos Joshua Roberts/Reuters Back in 2014, Amazon did what Amazon does, and launched a completely new business called Amazon Services, a marketplace for finding home and business professionals, directly competing with Angie's List and HomeAdvisor. By 2015, Angie's List was struggling. Growth had stalled and quarterly revenues...


Paypal to spend $3 billion a year on M&A - CEO to German paper

FRANKFURT (Reuters) – PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion (£1.65 billion), in the U.S. payments company’s biggest ever deal. “We have a healthy balance sheet and we are ready to put it to...


Paypal to spend $3 billion a year on M&A - CEO to German paper

FRANKFURT (Reuters) – PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion (£1.65 billion), in the U.S. payments company’s biggest ever deal. “We have a healthy balance sheet and we are ready to put it to...


China's high-speed trains to offer more smart services

Source: Xinhua| 2018-07-08 15:47:18|Editor: Yamei Video Player Close BEIJING, July 8 (Xinhua) -- China's high-speed trains are expected to offer more smart services as the network continues to be upgraded with Internet technology. A joint venture was officially launched Thursday by China Railway Investment Co. Ltd, Zhejiang Geely Holding Group and Tencent to...


A growing idea: Big Tech should pay people for their data

Why it matters : If adopted, the argument — pressed by tech thinkers, economists and a new book — could erode billions of dollars of profit from companies like Google and Facebook, along with China's Alibaba and Tencent. Meanwhile, an undetermined amount of money, though probably just a few dollars...


Flipkart eyes non-metros and smaller cities for fashion business

is looking at non-metros and smaller cities to position itself as the “fashion capital” of the country. The Bengaluru-based firm has come up with a strategy to inspire the next 100 million customers, especially those in tier-II and -III cities, to come online and shop for fashion. Since these customers might...


Unicorns Are China's Innovative Cavalry in Trade War

Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. She previously wrote on markets for Barron's, following a career as an investment banker, and is a CFA charterholder. Read more opinion LISTEN TO ARTICLE 4:03 SHARE THIS ARTICLE Facebook Twitter LinkedIn Email A trade war can be fought on many...


Dollar Stores Vs. Apple Stores: A Retail Nation Divided

America, as we are regularly informed, is a nation divided – politically, economically, socially and culturally. But it’s also separated commercially. Increasingly, these not-so-United States are just as divided in terms of the way we shop. The polarization of retail has been a topic of discussion for many years. Back in...


Brick-And-Mortar Retail Isn't Dead: Just Look At Who's Moving Into Toys 'R' Us's Empty Stores

Toys “R” Us, which closed the last batch of its U.S. stores just over a week ago, has left behind not only nostalgia but also hundreds of empty stores across the country. Still, if you thought this paints a gloomy picture of brick-and-mortar retail, you’d be mistaken. As much as consumers...


Forecasting Demand – How Machine Learning Helps Drive Retail Success

Many retailers spend vast quantities of time perfecting their approach to planning and the tools they use to deliver it Yet, if they are working with flawed data and inaccurate forecasting techniques, they will end up with too few or, too many staff on the shop floor and in the warehouse,...


Interview with b8ta founder and president Phillip Raub on building the platform for the future of retail

I spoke with Phillip Raub, founder and president of b8ta, the startup that's building a platform to build modern physical retail experiences on top of. b8ta has shown that the traditional mold of what a retail experience was can be broken and re-constructed successfully, and now some of the largest...