As online-only retailers continue to see expanded success, traditional brick-and-mortar stores must turn to new strategies to keep up with customer demand. Today’s retail environment demands that the customer shopping journey be a seamless one as it transitions from a physical store to a smartphone app to an interactive catalog (or Read More
Tag: retail industry trends
By Jack Trlica
High turnover, including voluntary separations, has always been an issue in retail, and recent retail industry trends show turnover increased last year. A Korn Ferry Hay Group survey of top retailers found that hourly store workers had a 65 percent turnover rate in 2016, up from 57 percent in 2015. Read More
Following are a few article summaries that can provide you with a small taste of the original content available to you every day through our daily digital offerings, which are offered free through LossPreventionMedia.com. In addition to our daily newsletter, a comprehensive library of original content is available to our Read More
It’s Déjà Vu All Over Again: The Future of Retail Will Include Circuit City
E-commerce may be retail’s future, but brick and mortar is far from dead.
We all remember Circuit City, right? At one time, it was the giant in the consumer electronics retail space. With hundreds of stores, it was Read More
Many industry experts projected that the rise of e-commerce would lead to the extinction of brick-and-mortar retail. But that hasn’t happened. Why? Because physical stores combined with other shopping platforms have been found to play an essential role in meeting customer’s multidimensional and dynamic shopping needs.
It’s been proven that brick-and-mortar Read More
We know that the vast majority of Insider readers are connected to the retail industry. As such, most of you are probably bracing yourselves this week for the granddaddy of all shopping days – Black Friday. But is it still the granddaddy like it used to be? This year, experts Read More
Following an important topic that has been widely discussed throughout 2016, recent retail industry trends have explored the relationship between wage increases and the impact on employee performance. For example, we can look at the recent protests associated with the “Fight for Fifteen” and employee efforts to raise the minimum Read More
As I was beginning to write this article about the retail industry and the challenges it’s facing, I wondered if it made sense in that it will be published in a newsletter that mainly focuses on retail loss prevention. I came to the conclusion that it does make sense and Read More
The holiday season is over and the weather is starting to warm up. Retailers are replenishing their stores with fresh spring merchandise. Zacks Equity Research recently discussed the retail industry and rapidly changing trends for the future.
Spring means fresh merchandise in addition to Easter items. Home and garden retailers are Read More
As 2016 swings into full gear, retail industry professionals want to know: what hot topics and significant trends will take center stage this year? Here are a few predictions for the retail industry trends of the new year:
1) E-commerce sales will continue to rise. According to the National Retail Foundation’s Read More