[Image of: RetailWire Logo and Tagline (for print)]

Also from Gene Detroyer...

Links by Gene

 
[Image of: Gene Detroyer]

Gene Detroyer

Professor
Independent

This is brilliant! Consider:

  1. The technology is not a big deal. You can search by image on Google and get everything from where the location of the picture is to where to buy an item.
  2. In fact, Zappos may have the item—ka-ching!
  3. If they don't and can find it for the customer,...

I believe we are running into silo insensibility again. Once upon a time in Marketing 101, you learned the four Ps—Product, Price, Place and Promotion. Are the four Ps now Product, Price, Place and Promotion EXCEPT when it comes to e-commerce? I think not!

...

Walmart's announcement to replace Bill Simon has little to do with the decline in same-store sales. The fact is saturation and demographics are working against the Walmart core business. As Baby Boomers retire to fixed incomes that are in many cases inadequate, they are not being replaced by young...

The first thing to understand is that self-checkout is not about cost savings. With 40 percent (YIKES) of the shoppers using it, it is about preference. So, please, don't go backwards. Self-checkout is obviously here to stay, and will continue to grow.

And there may be more to that preference...

Price is only trumped by what's hot in back-to-school. I understand Walmart's aggressiveness on price. And I understand and like the idea of recognizing teachers. But I don't understand increasing inventory by 30 percent. How about increasing inventory 10 percent against a declining market? I see huge discounts coming.

...

If Target wants to grow, they MUST grow internationally. The U.S. market is mature and total U.S. domestic growth will not exceed 2.2 percent for the foreseeable future.

The Canadian sortie was a disaster for Target, but it could prove a learning experience on how to take one's business to...

Who are you gonna believe? Advertising or online reviews? 'nuff said.

...

I have been a Walmart fan for years. Most everything they do has been right. My assessment was that they understood their business as a business rather than as a retailer. But, this story is truly bizarre.

Gordon Bethune wrote a great book, "From Worst to First," about the turnaround...

Years ago, I passed a Crumbs on Lexington Avenue. This was before the big expansion. In fact, I thought this was the only store. So I tried it. Hmmm. The name is "Crumbs." I love crumb cake. Bought it. It was awful. the next time I passed, I thought...

"Natural" is laughable. There is not much more to add to the opening comments by my colleagues. But, just imagine what food marketers would claim on their products if there were no restrictions on labeling. Truth is not the objective here.

Does the retailer have any responsibility for this? Of...

Search RetailWire
Follow Us...
[Image of:  Twitter Icon] [Image of:  Facebook Icon] [Image of:  LinkedIn Icon] [Image of:  RSS Icon]

RetailWire's
Getting Started video!

View this quick tutorial and learn all the essentials...

RetailWire Newsletters