Retail
2.8K views | +0 today
Follow
Retail
Anything new, interesting, pioneering or innovative in the word of retail
Curated by Mike Spencer
Your new post is loading...
Your new post is loading...
Scooped by Mike Spencer
Scoop.it!

Lucky Ant: A Kickstarter For Local Businesses

Lucky Ant: A Kickstarter For Local Businesses | Retail | Scoop.it
At some distant point in the past, local businesses were common and chain stores were a novelty. Now it’s a battle just to keep a single street free of big chains (see the fight over San Francisco’s Valencia St.
Mike Spencer's insight:

Local business kickstarter, community-based platform where local businesses can list projects they wish to carry out in return for shared profit.

more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

A Beautiful Laundrette in Belgium – Azure Magazine

A Beautiful Laundrette in Belgium – Azure Magazine | Retail | Scoop.it
In Ghent, design studio Pinkeye has turned a laundromat into a vibrant little social hub where you can grab a bite or get a haircut while waiting for your clothes to dry.
more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Twitter Ad Exchange Excites Media Buyers

Twitter Ad Exchange Excites Media Buyers | Retail | Scoop.it
Ad buyers say retargeting on the social network could be powerful.
Mike Spencer's insight:

"What’s exciting about these new tools is that it exemplifies real time at its core. When you combine that with the ability to target using location-based technology then you have a wow factor — and now you’ve got yourself a powerful marketing platform"

more...
No comment yet.
Suggested by Tim Spencer
Scoop.it!

Waitrose to introduce hotel-style welcome desks in latest stage of online revolution - Telegraph

Waitrose to introduce hotel-style welcome desks in latest stage of online revolution - Telegraph | Retail | Scoop.it
Waitrose is to introduce hotel-style welcome desks into its stores in the latest stage of plans to expand its online business.
more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Retail Forecast for 2018 - Centre for Retail Research, Nottingham UK

Retail Forecast for 2018 - Centre for Retail Research, Nottingham UK | Retail | Scoop.it
Retail Forecast for 2018 - The Centre for Retail Research based in Nottingham, UK
Mike Spencer's insight:

Retail Futures 2018 forecasts that by 2018:

Total store numbers will fall by 22%, from 281,930 today to 220,000 in 2018.Job losses could be around 316,000 compared to todayThe share of online retail sales will rise from 12.7% (2012) to 21.5% by 2018 or the end of the decade.There will be a further 164 major or medium-sized companies going into administration, involving the loss of 22,600 stores and 140,000 employees. Many of these companies will survive but at the cost of closing more than half their stores.In spite of the Portas Pilots, the High Street will continue to suffer: around 41% of town centres will lose 27,638 stores in the next five years.

more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Online-only firms see a sales surge | City & Business | Finance | Daily Express

Online-only firms see a sales surge | City & Business | Finance | Daily Express | Retail | Scoop.it
SHOPPERS preferring to log on to their laptops than trudge along the high street have helped the number of UK online-only retailers double in the last five years.
more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Women spend eight years of their life shopping

Women will spend more than eight years of their lives shopping, says a study.
more...
No comment yet.
Suggested by Tim Spencer
Scoop.it!

Facebook to Serve Up Ads Based on Your Offline Shopping Habits

Facebook to Serve Up Ads Based on Your Offline Shopping Habits | Retail | Scoop.it
Facebook can now target users based on their offline purchases.
more...
No comment yet.
Suggested by Tim Spencer
Scoop.it!

The peril of 'showrooming'

The peril of 'showrooming' | Retail | Scoop.it
What can retailers do about the rising trend of people browsing in shops, checking their smartphone and buying cheaper online?
more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Kinect-enabled mannequin mimics shoppers' movements - Pocket-lint

Kinect-enabled mannequin mimics shoppers' movements - Pocket-lint | Retail | Scoop.it
In one of the creepiest Kinect mods we have seen, Japanese clothing retailer United Arrows has developed a mannequin that will mimic your movements. The
more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Robot Mannequins Help Find Best Fit

Shape-shifting robot mannequins are being used by an Estonian company to help solve one of the biggest problems for the online clothing industry - giving customers clothes which fit properly.
more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Regent Street creates its own social centre with online hub

Regent Street creates its own social centre with online hub | Retail | Scoop.it
Shoppers can connect with their favourite shops and restaurants after Regent Street opened up its own online community.
more...
Arielle Monnerot-Dumaine's curator insight, May 13, 2013 5:28 PM

C'est nouveau et c'est malin !

Scooped by Mike Spencer
Scoop.it!

10 Most Biting Amazon Reviews for Children’s Drone Toy

10 Most Biting Amazon Reviews for Children’s Drone Toy | Retail | Scoop.it

A selection of mocking reviews for the Amazon toy Drone model in February. They sold out.

more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Mobile is both curse and cure for retailers at risk from showroomers | TNS Global

Mobile is both curse and cure for retailers at risk from showroomers | TNS Global | Retail | Scoop.it
Latest research findings released today by TNS reveal that mobile can play a valuable role in reducing the risk that ‘showrooming’ poses to retailers.
more...
No comment yet.
Suggested by Tim Spencer
Scoop.it!

Robot-operated jeans store Hointer expands to Pacific Place

Robot-operated jeans store Hointer expands to Pacific Place | Retail | Scoop.it
Under a temporary deal, Hointer will open a store in a portion of Restoration Hardware’s old space this June and remain there through December.
more...
No comment yet.
Suggested by Tim Spencer
Scoop.it!

Primark clothes to be sold online through Asos tie-up - Telegraph

Primark clothes to be sold online through Asos tie-up - Telegraph | Retail | Scoop.it
Primark is to sell clothes on the internet for the first time after agreeing to team-up with Asos, the online fashion retailer.
more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Loyalty programs can do more: News from warc.com

Loyalty programs can do more: News from warc.com | Retail | Scoop.it

Loyalty Programmes Can Do More

Mike Spencer's insight:

MELBOURNE: Loyalty programs do not equal customer loyalty, but there are significant opportunities for retail brands to become more valuable to consumers by offering multiple emotional and transactional benefits, a new report has argued.

For Love Or Money?, from strategic marketing company Directivity and digital agency Citrus, examined Australian loyalty programs, based on the findings from an online panel of 1,010 Australians over the age of 16.

It found that while 80% of consumers buy more from retailers with loyalty programs and 55% choose brands that have a program compared to those without, just 46% feel more loyal to the retail brand despite being a member of their program.

Some 41% of respondents felt loyalty programs had improved in recent years and offered good benefits to members. The authors suggested that this presented an opening for loyalty programs to "strive to be more valuable".

Unsurprisingly, most consumers rated financial rewards highly, with 80% saying discounts were very important when making purchases.

Points-based programs where members can redeem points for vouchers, products or other rewards were the second most popular benefit, on 77%.

The unexpected was also rated highly, in third place with 67% valuing surprise gifts or rewards that arrived without making a redemption.

"Basic monetary rewards give retailers a 'ticket to play' in the loyalty game," said Adam Posner, CEO of Directivity, "but the real opportunity lies in building deeper engagement with members through more personally relevant, unexpected and emotional rewards."

"This plays out in the research which shows surprise rewards such as a gift on your birthday, exclusive offers or special experiences go a long way to overcoming the belief that programs don't offer any real value," he added.

His words were echoed by Citrus CEO Peter Noble, who observed that while financial rewards were the motivation for joining loyalty programs, "a winning program is one that also has multiple emotional and unexpected benefits creating an element of 'surprise and delight' and tailoring offers based on consumer needs and preferences". 

Coles Flybuys, Woolworths Everyday Rewards and Qantas Frequent Flyer were the loyalty programs most mentioned by respondents as 'doing a particularly good job'. 

Read more at http://www.warc.com/LatestNews/News/EmailNews.news?ID=31436&Origin=WARCNewsEmailtwitter%20mo%20farrah#q5ZF8KulAfH8plkK.99

more...
No comment yet.
Suggested by Tim Spencer
Scoop.it!

Despite the death of the high street, ecommerce is in crisis (Wired UK)

Despite the death of the high street, ecommerce is in crisis (Wired UK) | Retail | Scoop.it
The high street is dead as we know it, but ecommerce still has some fundamental weaknesses that are only getting worse. What needs to be done to fix this?
more...
No comment yet.
Suggested by Tim Spencer
Scoop.it!

Nike: 8 Interactive Store Windows at Selfridges

Nike: 8 Interactive Store Windows at Selfridges | Retail | Scoop.it
Most of you guys would remember the 'Nike+ Innovation Center' that was housed at Selfridges during the London Olympics, but what you might not have seen, were the 8, interactive/reactive kinetic window installations that helped to drag customers...
more...
No comment yet.
Suggested by Tim Spencer
Scoop.it!

Finding the perfect fit

Finding the perfect fit | Retail | Scoop.it
Does exposing yourself to the ritual humiliation of the fitting room fill you with horror? The BBC's Fiona Graham finds some alternatives
more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

A moving experience - robotic mannequin debuts in Tokyo | Digital Trends

A moving experience - robotic mannequin debuts in Tokyo | Digital Trends | Retail | Scoop.it
If static mannequins in shop windows never quite cut it for you, it may be time to book a ticket to Tokyo.
more...
No comment yet.
Scooped by Mike Spencer
Scoop.it!

Fits.me | Virtual Fitting Room » About Fits.me

Fits.me | Virtual Fitting Room » About Fits.me | Retail | Scoop.it
The Fits.me virtual fitting room helps online clothing retailers to overcome issues of low conversion rates and high garment return rates.
more...
No comment yet.