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PowaTag e-commerce system debuts, aims to revolutionize shopping

PowaTag e-commerce system debuts, aims to revolutionize shopping | Retail, eCommerce, Direct Selling | Scoop.it

Ever lust after a product displayed in a store that’s closed for the day? Or struggle to find the item you saw in a magazine or YouTube advertisement? Maybe you’re curious about something on a shelf but can’t find a salesperson to offer more information.

JP Carroll's insight:

Already, 240 brands – including Carrefour, Reebok, Quiksilver and Rebecca Minkoff– have signed on to participate, according to Powa.

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Philips takes on Apple's iBeacon with lights that send deals to your smartphone

Philips takes on Apple's iBeacon with lights that send deals to your smartphone | Retail, eCommerce, Direct Selling | Scoop.it
Philips is already one of the biggest names in smart light bulbs, and now it's beginning to test a new unit that could be even smarter. At a retailer in Düsseldorf, Philips is piloting a lighting...
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Wells Fargo spins out marketing campaign around mobile payments - Payments - Mobile Commerce Daily

Wells Fargo spins out marketing campaign around mobile payments - Payments - Mobile Commerce Daily | Retail, eCommerce, Direct Selling | Scoop.it
JP Carroll's insight:

Wells Fargo’s promotion will give a $20 credit the first time that they use the Isis mobile wallet.

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Amazon takes showrooming to next level with image recognition - Applications - Mobile Commerce Daily

Amazon takes showrooming to next level with image recognition - Applications - Mobile Commerce Daily | Retail, eCommerce, Direct Selling | Scoop.it
JP Carroll's insight:

cuts down on the number of steps it takes for a consumer to find and buy a product

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Retailers see better times ahead - The Economic Times

Retailers see better times ahead - The Economic Times | Retail, eCommerce, Direct Selling | Scoop.it
After being hit hard in the last two years due to economic slowdown, India's retail sector is entering its "second innings" and is poised for good times again, according to industry experts.
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Jos. A. Bank’s and Men’s Wearhouse Deal Looking Less Likely

Jos. A. Bank’s and Men’s Wearhouse Deal Looking Less Likely | Retail, eCommerce, Direct Selling | Scoop.it
Markets Pulse is a real-time story stream curated from The Wall Street Journal and Dow Jones. Get it on your mobile device by pointing your browser to wsj.com/marketspulse.
JP Carroll's insight:

Investors want the retailers Jos. A. Bank and Men’s Wearhouse to suit up together

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Still on sale: Retailers continue deep discounts - NBC News.com

Still on sale: Retailers continue deep discounts - NBC News.com | Retail, eCommerce, Direct Selling | Scoop.it
Shoppers still looking for deals after the holiday season are likely to find them, as retailers continue their heavy promotions in...
JP Carroll's insight:

traffic in January has continued to be weak

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Online Consignment Shops Stay Hot, as Andreessen Horowitz Leads $18.5 Million Investment in Twice

Online Consignment Shops Stay Hot, as Andreessen Horowitz Leads $18.5 Million Investment in Twice | Retail, eCommerce, Direct Selling | Scoop.it
Twice, an online retailer that sells second-hand name-brand clothing, has added $18.5 million in a Series B funding round. Andreessen Horowitz led the investment in the San Francisco startup and on...
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Apple extends in-store display repairs to iPhone 5c

Apple extends in-store display repairs to iPhone 5c | Retail, eCommerce, Direct Selling | Scoop.it
Owners of Apple's mid-range iPhone 5c can now have their handset's cracked or otherwise non-functioning display replaced while they wait, rather than being forced to swap phones or send the device off to a remote repair center.
JP Carroll's insight:

bringing China to the Genius Room

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The pop-up store may be here to stay

The pop-up store may be here to stay | Retail, eCommerce, Direct Selling | Scoop.it
Wannabe store owners with commitment issues? There's a cure for that.
JP Carroll's insight:

Given the economy, expect retailers and landlords to continue experimenting with untraditional store concepts

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Best Buy says holiday not too jolly, shares plunge

Best Buy says holiday not too jolly, shares plunge | Retail, eCommerce, Direct Selling | Scoop.it
Best Buy said holiday sales fell, due in part to weakness in the U.S. and a discount-obsessed retail environment.
JP Carroll's insight:

sales were down 0.8%... it was an improvement over the 1.7% decline in the same period a year earlier

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Latest Headlines

Latest Headlines | Retail, eCommerce, Direct Selling | Scoop.it
JP Carroll's insight:

Traditional holiday retailers, such as department stores, electronics and sporting-goods stores, all saw declines from the prior month, adjusting for seasonal variations. Weak auto sales also dragged on the overall number.

But that weakness was offset by a strong jump in food and beverage sales, combined with a gain for nonstore retailers, which include online only sellers such as Amazon

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A Kiosk for Khakis, and Other Gap Improvement Strategies

A Kiosk for Khakis, and Other Gap Improvement Strategies | Retail, eCommerce, Direct Selling | Scoop.it
CEO Glenn Murphy says Gap will continue to compete with Lululemon by pushing its Athleta brand of yoga apparel
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Kriser's, another all-natural pet retailer, coming to Houston

Kriser's, another all-natural pet retailer, coming to Houston | Retail, eCommerce, Direct Selling | Scoop.it
Kriser's, an all-natural pet food store, is opening its first Texas location in Houston on Saturday. The store is at 5160 Buffalo Speedway in West University. Chicago-based Kriser's opened its firs...
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Retailers Top Cold January Sales Views; Costco Leads

Retailers Top Cold January Sales Views; Costco Leads | Retail, eCommerce, Direct Selling | Scoop.it
Retailers rang up January sales gains that topped views, but were sluggish for most chains as frigid temperatures in many parts of the U.S., a dearth of fashion and holiday shopping fatigue kept mall traffic weak and dampened early spring selling despite aggressive promotions.
JP Carroll's insight:

Costco came in with a solid 4% comp gain for the total company, ahead of views for a 3.4% gain. Its U.S. same-store sales, excluding the negative impact of gasoline prices, climbed 5%, topping estimates for a 4.7% rise.

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Google Wallet adds geolocated loyalty to iOS, combats Passbook - Mobile Commerce Daily - Applications

Google Wallet adds geolocated loyalty to iOS, combats Passbook - Mobile Commerce Daily - Applications | Retail, eCommerce, Direct Selling | Scoop.it
JP Carroll's insight:

When consumers walk by a store with a saved loyalty program, they will get pinged with a notification.

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Newsela | The market's booming for used electronics

Newsela | The market's booming for used electronics | Retail, eCommerce, Direct Selling | Scoop.it
Unlimited access to hundreds of leveled news articles and Common Core–aligned quizzes, with new articles every day.
JP Carroll's insight:

Device Pitstop is a franchised retailer with seven locations in Las Vegas, Phoenix and Lexington, Ky. Smith said the company hopes to add 300 nationwide within five years.

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Samsung to open 60 stores in Europe under Carphone pact - FT.com

Samsung to open 60 stores in Europe under Carphone pact - FT.com | Retail, eCommerce, Direct Selling | Scoop.it
Samsung is opening 60 stores across Europe to sell its mobile phones, tablets, laptops and wearable technology in partnership with Carphone Warehouse, the UK retailer. By working with Carphone Warehouse to create a store concept, the South Korean
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Trader Joe's ex-president to open store selling expired food

Trader Joe's ex-president to open store selling expired food | Retail, eCommerce, Direct Selling | Scoop.it
The former president of Trader Joe's Doug Rauch says he’s got a solution.the former president of Trader Joe's Doug Rauch says he’s got a solution. 
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Twitter’s 2014 Strategy: The Intersection of Video and Data

Twitter’s 2014 Strategy: The Intersection of Video and Data | Retail, eCommerce, Direct Selling | Scoop.it
Twitter is doubling down on its second-screen pitch.
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J.C. Penney Brings Back Commissions to Boost Turnaround

J.C. Penney Brings Back Commissions to Boost Turnaround | Retail, eCommerce, Direct Selling | Scoop.it
J.C. Penney Co. is reviving sales commissions, reversing Ron Johnson’s decision to kill the practice during his tenure, as the battered department-store chain seeks to ignite revenue growth and persuade high- performing employees to stick around.
JP Carroll's insight:

“If you’re net increasing the amount of service in the store and willing to pay people more, that’s a bullish sign,”

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J.C. Penney’s Store Closings: ‘Much Ado About Very Little’

J.C. Penney’s Store Closings: ‘Much Ado About Very Little’ | Retail, eCommerce, Direct Selling | Scoop.it
Markets Pulse is a real-time story stream curated from The Wall Street Journal and Dow Jones. Get it on your mobile device by pointing your browser to wsj.com/marketspulse.
JP Carroll's insight:

“While we applaud the projected $65 million in annual savings, the foregone revenues from the closed stores make it more difficult to lever fixed costs,” he said in a note to clients. “In the end, the change to our numbers is de minimis. We still have the company running out of cash in Q3 of 2015.”

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Retailers Fight to Finish 2013 Strong With Post-Holiday Deals

Retailers Fight to Finish 2013 Strong With Post-Holiday Deals | Retail, eCommerce, Direct Selling | Scoop.it
The big retailers are trying to reduce inventory and wring out every sale they can
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