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Tom Redd

Global Vice President, Strategic Communications
SAP Global Retail Business Unit

I estimate retail holiday sales will be close to $900 billion with e-commerce being about 10 percent of the total.

Walmart is smart to focus in on the holidays. Labor Day is soon and it is the mind-shift point that tells consumers and my wife that it is time...

Best Buy has refined their assortments and cutback on carrying a little of everything. I also think that their store service has improved quite a bit. This is what brings people back and lifts store performance numbers.

Overall, Best Buy has quit thinking they are number one and are now...

Sycamore will step up the positioning of Belk and create a stronger regional competitor for all other department stores. Smart move by the Belk family. A good chunk of change and a partner that has a strong sourcing engine, a finance arm and a marketing company in its portfolio.

Smart...

In fashion it really depends on the technology the Gap is going to harness. Tech plays a huge role in the fast fashion space. Their competitors all run on powerful platforms that open up a real-time view of the whole process of fashion — from concept to design to procurement...

Yes. Big time yes!

My son works for a group that supports the payment side of retail and they tried this and now use it across the board for their qualified team members. My son's team loved it and really got more done every day.

The key was making...

SEARS and TRANSFORMERS? OK, just an idea. Men's stores and Call of Duty would work. Leverage the the young, media-programmed minds!

...

The key here is having the right SC Decision tools and the SC Platform to determine and thus manage the inventory at the best location.

We will see many SCM changes over the next 12 months. It is the retail area that has been somewhat neglected as many retailers...

Through the years we have faced the challenge in retail of creating a single version — a single version of inventory data, customer information and more. The same applies to campaigns and marketing efforts. No matter the campaign it must give the target audience a look at the retailer in...

Gen Xers will love this and the younger Millennials will be WOWED. But the market forecasts for this space are not very exciting — "reach $2.7 billion by 2022, up from $1.3 billion in 2014." So this being a very narrow market we will see some of the beauty space...

First, Millennials want Amazon on their resumes or as an item to share with friends via texts. Next, most of them do not read stuff like business/social articles unless they are seen on major news channels. So no impact on recruiting.

What really will be fun to watch is...

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