18 Thursday Apr 2019
Posted in Chapter 07: Financial Strategy
≈ Comments Off on Retailers Woo Customers with Shaky Credit
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Credit providers traditionally seek out good credit risks—people with a strong track record of paying back loans and sufficient income …
15 Monday Apr 2019
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Expanding beyond the designer gowns and fashionable work clothes that have established it in the market, Rent the Runway is …
10 Wednesday Apr 2019
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For big retailers, operating in omnichannel environments, accurate inventory assessments would require nearly constant reviews by human staffers—and even that …
09 Tuesday Apr 2019
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Performance metrics are most effective when they are specific. Accordingly, Walmart is changing the way it assesses, rewards, and penalizes …
27 Wednesday Mar 2019
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Markdowns help retailers move merchandise, especially seasonal or fashion items that are unlikely to sell at their full prices anymore. …
20 Wednesday Mar 2019
Posted in Chapter 18: Customer Service, Retail Tidbits
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The first acquisition IKEA ever made was one that might seem antithetical to its essential value proposition. It purchased TaskRabbit, …
14 Thursday Mar 2019
Posted in Chapter 06: Retail Market Strategy
The RealReal is determined to make luxury part of the circular economy. Taking in high-end fashion and accessories from their …
11 Monday Mar 2019
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A small company, thrilled to get its products listed on Amazon, might face an unpleasant and unexpected surprise following its …
08 Friday Mar 2019
Posted in Chapter 18: Customer Service, Retail Tidbits
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Can toys, and their retail brands, come back to life? Investors who purchased the remaining assets of Toys ’R Us …
04 Monday Mar 2019
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Grocery and convenience stores without cashiers or checkout lines appear to be an unavoidable eventuality. It’s how those stores ultimately …