Any way you look at it, retail is a tough business. Customers have more choices than ever. Competition is increasing every day. Brand loyalty is diminishing. Which makes having a reliable Business Intelligence (BI) solution in your arsenal more critical than ever. Trying to navigate all the hurdles facing retail in 2020 without BI is
After a few of the most volatile months in American history, shelter-in-place rules are beginning to ease up. More people are venturing out of their homes, and slowly gaining the confidence to resume something approaching business-as-usual. Though the full extent of the economic damage is yet to be known, the numbers we do have are
COVID-19 has put a significant strain on the retail industry, with non-essential brick-and-mortar, such as malls, clothing, and toy stores feeling the most acute impacts across the nation. As a result of state-imposed closures, it’s predicted that certain brands might be forced to remain closed permanently. Is this “the last straw” for the retail industry?
What Will Retail Look Like When This Is Behind Us? -Gerry Marrone, Chief Revenue Officer I recently read an article where the writer used this phrase – “This Too Shall Pass”. This saying has a very long history, and was even used by President Abraham Lincoln during one of the challenges he faced. I don’t
COVID-19 is unquestioningly having a massive impact on the world, none more so than on retail merchandising. While demand for necessities like food, water, and other household products has remained elevated for a number of weeks. Not surprisingly demand for some products—such as luxury goods—has contracted. Perhaps the greatest challenge retailers are facing are supply
-Gerry Marrone, Chief Revenue Officer A whole lot. I live in New Jersey, about 35 miles outside of NYC. To say we are in the center of this in the USA would be an understatement. We have been on lockdown since March 21st, and I don’t expect things to change until the beginning of May.
In the world of retail, news stories come out so often and so fast that even a retail expert might have difficulty keeping up. If you’re here, we know that you’re passionate about retail, and so are we! At SPAR, we love following the latest retail news stories and using them to learn more about
The merchandise perfectly displayed in a store window catches your eye, and before you know it, you’re buying multiple items that you never intended on purchasing to begin with! Simply put, that’s the power of utilizing effective visual merchandising for your business. Visual merchandising is creating retail spaces that appear more appealing and enticing, so
Online shopping is driving many retail brick-and-mortar stores to revamp and remodel in order to draw in more customers. The retail industry is constantly changing, and therefore so should your retail store. A store remodel can be extremely beneficial for your business in terms of building your brand equity, increasing sales, and achieving a higher
Do you wish there was a way to perform all of your company’s tasks efficiently while staying ahead of the competition? Retail merchandising solutions are a great way to help companies provide seamless customer service and maximize revenue for long-term success. The decision to work with professional merchandising solution provides, such as SPAR, is largely