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John Boccuzzi, Jr.'s RetailWire Blog
September 2, 2010
Lower prices on 3-D televisions will only mean lower prices for regular hi-definition televisions. This holiday season will be a good barometer on how fast consumers are adopting 3-D television technology. I suspect the majority of televisions sold this year will be Hi-Definition. Best Buy and Costco ...
September 1, 2010
Borders is behind the curve on e-readers and needs to develop a program that will get them back in the game. Combining the two themes could be interesting if loyalty members could earn "points" towards a new eReader or eBooks. The paid version of the loyalty program would ...
August 31, 2010
Data continues to help improve the way retailers do business. RetailLink and dunnhumby are two great examples. I would suggest, however, that not only data being collected at store level be used to make assortment decisions, but also feedback from store managers. Giving a Store Manager a ...
August 31, 2010
The move by J.Crew to make factory outlet items available online is a smart move as long as they do the following:1) Have a limited assortment that does not overlap their general merchandise at regular stores and on-line. As with most factory outlet divisions today, many of the items ...
August 24, 2010
This is a brilliant move by Nordstrom and will certainly give them an edge against competitors. Consumers will quickly understand that Nordstrom can deliver the size, color and designer they want, when they want it.I have had the pleasure of meeting with Ira Neimark, former CEO of Bergdorf Goodman and ...
August 23, 2010
The coupon for Gap on Groupon is not what made them successful initially and it will be interesting to see if they just become another junk email with so-so savings or continue to share amazing local deals that put them on the map.I am sure investors in Groupon are pushing ...
August 23, 2010
Trader Joe's has several lessons that we can all learn from. 1)Treasure Hunt - Similar to Costco's center of the store, Trader Joe's is a treasure hunt with constant new products in both national and private Label being brought in every month. 2)Unique and high quality private label ...
August 20, 2010
$2 Buck Chuck worked at Trader Joe's. I could see Dollar stores soaking up business from smaller mom & pop outlets. I don't see premium or import brands wanting to participate because of the perception. Private label and low-priced beer and wine should do really well....
August 20, 2010
Starbucks is a great testing ground for new items and I like what Schultz is doing. In fact, I could see Starbucks testing products for National Brands that don't compete with their brands. As long as the target consumer is similar to the target Starbucks consumer it should work. ...
August 19, 2010
Even with consumers being more willing to try Private Label brands, Kroger should seek out promotions that help them build trial even if that means co-promoting with National Brands--Read more about this approach in Keith Lincoln and Lars Thomassen's book, Private Label - Turning the retail brand threat ...
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