PROFILE
Peter Charness
SVP Americas, TXT Retail, an Aptos CompanyPeter Charness is a software/retail executive with significant experience (domestic and international) in innovating solutions for the retail and CPG industries.
As a CEO, Chief Marketing Officer and Chief Product Officer, Peter excels at revenue generation through areas such as, product management, product marketing and development, positioning, lead generation, Marcom and business/sales development. He is also experienced in mergers and acquisitions and partnerships
As a VP of Logisitics and Technology (CIO) Successful history of providing the right leadership and experience for inventory management and optimization for the Retail supply chain.
Specialties include:
Industry leading experience and capabilities in all manners of solutions for retailers and CPG Companies.
Particular emphasis on inventory optimization, retail ERP, merchandise planning and inventory management, POS and store operations, CRM and category management.
Significant depth in business intelligence, product management, product marketing, industry marketing, and inventory management.
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- Posted on: 04/02/2018
What would an acquisition of Humana mean for Walmart and its rivals?
I wonder what will happen when the respective heads of retail look at the incredible compensation levels for the heads of healthcare. Will the question be "why" or "why not"? - Posted on: 03/30/2018
Former Walmart U.S. CEO raises prospect of breaking up Amazon
Amazon's "guilt" has been to have a solid vision of how the customer wants to shop and to execute relentlessly against that vision through constant innovation and a long-term investment strategy. They have not been subsidized, have not practiced predatory pricing or anti-competitive behavior and, to the best of my knowledge (which is limited on this one), have not used their size and power to unduly pressure suppliers. On what basis does a government (well, a normally-run one) intervene because a company has been smart and successful? - Posted on: 03/29/2018
KB Toys plans a Christmas comeback
Heavens, not EVERYONE in the world shops online 100 percent of the time, and there is that impulse buy factor. Toy stores, cleanly done especially with well-tailored assortments will do fine I expect, mostly around Christmas -- not in volume all year round. So some permanent stores and a lot of pop-ups makes a lot of sense to me. - Posted on: 03/12/2018
Will steel and aluminum tariffs hurt American retailers?
As well as all the economic costs to consumers that have been noted, what a tariff like this one does in some respects is decrease the financially viable size of the market and creates an oversupply scenario to the non tariff countries. And that serves to reduce the cost of that product to the non tariff countries which will boost their competitive positions, allow them to produce finished goods and have an overall advantage over US exports. You can't use 20th century policy practices in a 21st century global market. Might as well go back to a gold standard. Oh wait, that's been discussed as well, hasn't it.... - Posted on: 03/01/2018
Dick’s responds to Parkland teens – won’t sell AR-15s anymore
Good to see that when our political leaders won't lead on actions that the vast majority of the country all agree on, our business leaders will. Can you imagine what we could accomplish if everyone could get behind critical initiatives. Too bad that for the foreseeable future, imagine is probably the best we get. - Posted on: 02/27/2018
Sam’s Club to push same-day grocery deliveries with Instacart deal
The warehouse club model (at least for us non business buyers) is the in-person experience. Alleviating that shopping trip by online order and delivery just turns the experience into an undifferentiated buy from anyone with delivery, which changes the equation to solely the price to my door. I bet on smaller baskets, and lower profit as the outcome for this one. - Posted on: 02/27/2018
Barnes & Noble, once an indie killer, is losing out to mom-and-pops
Can you imagine, a successful (smaller) retailer with no AI, mobile app, or personalization engine surging and threatening the big guy? Maybe time for "Sleepless in Seattle" the sequel.... - Posted on: 02/26/2018
Amazon’s apparel moves are wearing on Target
Kind of a matter of, "keep your eye on the ball and be successful" ... - Posted on: 02/26/2018
Amazon’s apparel moves are wearing on Target
Retailers (even as large as Target) can't out-Amazon Amazon and shouldn't really even try. The shopping experiences are different, and with private label that brand experience can be different as well. There is plenty of room for a good in-store apparel experience (selection, price, convenience) which Amazon can't recreate. - Posted on: 02/26/2018
What do shoppers want most?
Perhaps one to add to the grouping around convenience is trust -- trust that the experience (product, service, return service) meets the expectation, and that if it doesn't then the retailer will easily remedy the situation. I'm thinking of Amazon and Costco ... you know with them that if something happens along any line, that the retailer will make it easy for you to get a remedy with the least hassle. - Posted on: 02/16/2018
Rule #1 of location analytics in retail – don’t be creepy
Let's not forget that our smartphone-carrying children are also walking around as virtual targets for anyone who is so inclined, and it may not be an advertisement that is the objective of their tracking. It doesn't take a technical genius to tap into the information on their smartphones. If I were getting something truly useful from the retailer in exchange for my data I "might" be a little more open to the idea. Right now I see the risk/reward part of the equation as being significantly out of balance. - Posted on: 02/02/2018
Whole Foods planning more 365 stores
Why draw the line at food? Perhaps add a little hardware, maybe some name-brand tools and, for those really oversized stores, a few of those must-have washing machines? At what point does a department store trying to be a shopping mall fail at both? - Posted on: 01/25/2018
Starbucks and Amazon go cashless in Seattle
Try buying a snack on most airlines with cash ... the airlines don't want to get into a "deposit the cash" after the flight lands business either. Convenience (and cost) goes both ways. There's bound to be a growing sector where cash is no longer welcome. - Posted on: 01/24/2018
New store concept is next step in Dunkin’ rebranding
Tech does not make a store upmarket, it makes it more convenient to shop at, and probably more of a draw for younger shoppers. The Dunkin' and Starbucks experiences are pretty different. I wonder if the "lunch" crowd is more up for grabs than trying to break customers' "Starbucks first thing in the morning" habit. - Posted on: 01/22/2018
Amazon Go goes live
Let's see how it does when technology meets the clever, creative and dishonest shopper ... But it is promising. Will we miss that friendly and genuine cashier greeting, "how's your day going," or "did you find everything you needed today?"
