Are men the salvation of brick-and-mortar retail?

Mall retailers have long considered women to be their primary shoppers, but all that might be about to change.  A study from new product solutions provider First Insight found that men are more likely than women to want to touch and feel a product before buying it, more likely to pay full-price at a retail store, and less likely to turn to Amazon for a cheaper alternative.

I loved this post and knew you’d be interested in reading about this issue. Enjoy Barbara

Walmart rolling out high-tech ‘pick-up towers’

Walmart is expanding its modern-day — and oversized — version of a vending machine — but the new model will come with an additionThe discounter plans to add more than 500 additional “pickup towers” to stores across the country, bringing the total to more than 700 by the end of the year. Walmart said the response to the existing 200 kiosks has been “overwhelming positive,” with more than half a million orders retrieved since the chain first introduced them.Based on customer feedback, the new towers will come with pickup lockers, which will allow customers to retrieve large items, such as TVs.I found this article very interesting. I know you will as well.

Justice Department’s No. 3 official leaving for top legal post at Walmart

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The third-ranking official at the U.S. Justice Department is leaving to take a job in the private sector.

Walmart announced Rachel Brand will join the company as executive VP, global governance and corporate secretary, effective April 2. Brand, who will report to president and CEO Doug McMillon, will be responsible for the company’s legal, global ethics and compliance and global investigation, security, aviation and travel departments, along with her role as corporate secretary. She is replacing Jeff Gearhart, who retired at the end of January.

I found this very interesting:

Green Monday

Hi Everyone,

Not  a lot is know about Green Monday. I loved this article and hope you will as well.

Green Monday is the second Monday in December. It's also known as Cyber Monday 2 because it's the second biggest day for online holiday shopping.

For that reason, Green Monday is promoted by top stores like Wal-mart, Target and Amazon to extend the excitement around Cyber Week and the Black Friday kickoff to the holiday shopping season.

In 2016, Green Monday online retail sales were $1.621 billion.

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Read on …..

That beat the 2014 record of $1.615 trillion. It's more than double the pre-recession high of $881 million set in 2007. Only Cyber Monday saw greater sales, at $2.5 billion.

Both Green Monday and Cyber Monday follow the bricks-and-mortar shopping done on Black Friday, the first shopping day after Thanksgiving. Bit the online days set greater records each year as more people enjoy the convenience of shopping with their computers, tablets, and phones.

Like Cyber Monday, Green Monday is more appealing to Millennial's and Gen X. Sixty percent of those under 40 buy their holiday gifts online, compared to just 40 percent of Baby Boomers.

The holiday shopping season is critical because one fifth of annual retail sales occurs between Black Friday and Christmas. Some, like jewelers, receive 40 percent of their annual revenue during the holidays.

How Did Green Monday Get Its Name?

In 2007, eBay reported that its busiest day was the second Monday in December. At that time, it was the last day shoppers could get gifts in the mail so they would arrive by Christmas. eBay christened it Green Monday for two reasons. First, green meant revenue for the company.

Second, eBay markets online shopping as environmentally friendly, or greener than brick-and-mortar stores.

Green Monday is no longer the busiest day, as shoppers are attracted to deals throughout Cyber Week. With Amazon Prime and other services, shoppers can wait until closer to Christmas to buy online and have it arrive on time. But Green Monday is still a good bargain. Retailers offer 50 percent to 90 percent offregular prices.

How to Get the Best Green Monday Deals

Deals can be found on each stores' Green Monday or Cyber Monday websites. You can find the best deals for all stores on FatWallet's Green Monday web site.

Green Monday sales can be found on CyberMonday.com, which promotes online discounts from 800 retailers year-round. These Cyber Monday Shopping Tipscan also apply to Green Monday.

Of course, the best deals are on Wal-Mart's site. More than 300 online specials are offered, including ten of the most popular deals from Black Friday.  Green Monday was Walmart.com’s highest traffic day in December for two years in a row.

Barbara

What in the World Is Causing the Retail Meltdown of 2017?

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Really found this post interesting. Had to share it with you. Here are three explanations for the recent demise of America’s storefronts.1. People are simply buying more stuff online than they used to.The simplest explanation for the demise of brick-and-mortar shops is that Amazon is eating retail. Between 2010 and last year, Amazon’s sales in North America quintupled from $16 billion to $80 billion. Sears’ revenue last year was about $22 billion, so you could say Amazon has grown by three Sears in six years. Even more…..Read more : What in the World Is Causing the Retail Meltdown of 2017?

Study: Why shoppers choose offline over online

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Physical stores still have some key benefits over online retail. I found this info very interesting. Hope you do as well.An overwhelming majority (72%) of U.S. consumers cite “the ability to touch, feel and try products” as their top reason for shopping brick-and-mortar. That's according to a new study by Mood Media, “The State of Brick & Mortar: 2017,” which reveals consumer insights regarding the in-store customer experience and in-store shopping behaviors. The study is based on a survey of more than 11,000 consumers in nine countries across the globe, including Australia, China, France, Germany, the Netherlands, Russia, Spain, the United Kingdom and the United States.Mood commissioned the survey to better understand what influences consumers’ decisions to choose brick-and-mortar over online shopping, what they most enjoy and don’t enjoy about the in-store experience and what most motivates them in the physical store. The study also explores the influence of a store’s atmosphere – including music – on the overall shopping experience. Read More….

Displays That Will Get Customers Sticking Around The Store Longer

Q: What are some of the most effective ways to make the kind of display that will get customers sticking around the store longer.A: A few ideas on displays that promote sales:

  1. Set up several feature areas in your store. Tables are best. These areas bring your store to life and are points of interest. They slow down shoppers.

  2. Use cross merchandise technique to showcase multiple items and how they work together. This creates interest in add on sales.

  3. Your sales staff should be trained to use these feature /cross merchandized display as a sales tool.

Q: What are some tips on putting up effective displays on a budget?A: Many retailers still buy props for display set up. Not the right way to think. Everything you use in a display other than the actual fixture or table and may be the risers are for sale. I do not recommend retailers spend any money on props. If you have it, you sell it! What I do suggest is that within your display grouping you use multiple products and products with many heights to create flow and impact.Q: How can a manager find inspiration for non-holiday themed displays?A: The manager should be following a promotional calendar for each month. That’s 3 to 4 events happening in the store, more than enough activity to support their merchandising program other then holidays.Q: Is there such a thing as too little or too much when it comes to displays?A: Interesting questions. The display is always defined by the space provided. In my years of being a visual merchandiser and that’s 37 years, retailers struggle with this for sure. I would recommend hiring a VM. They are worth the money. Sales will go up for sure. But, in the mean time, bring more products out of the stock room make your store look lush!Q: What should be the creative angle when the idea is to gin up sales?A: Complex questions. Displays are the icing on the cake. They alone will not completely gin up sales. It’s selling the right product at the right time, it’s training staff to sell, and it’s creating a customer experience to say the least.Q: Are there any cardinal sins when it comes to displays?A: Ample lighting, most stores skimp on lighting because it’s expensive. Lighting has been shown to be one of the strongest influences in retail selling. My other pet peeve is not using signage to complete displays. Signage is a silent sales person when everyone is busy. Of-late, chalkboards have become very popular again. “If you feel stuck please contact Retail Makeover we can help you.”

Amazon buying Whole Foods Market

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In a blockbuster deal, online giant Amazon is acquiring Whole Foods Market in an all cash transaction valued at $13.7 billion, or $42 a share. I am a Whole Food shopper and thought you might be as interested as I am to … read more about this recent acquisition.