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Tag: commentary

Commentary: Three Standout Trends from NRF 2020

The NRF 2020 Vision: Retail’s Big Show saw a record-breaking 40,000 attendees last month, including 16,000 retailers, 800 exhibitors and 200 sessions. While this event always features tons of new retail trends, technologies and predictions, the following three stood out as the key takeaways that will shape the industry in the coming months: Frictionless checkout. …

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Commentary: Store retailers need to consider rise of multigenerational families

The number of Americans living in multigenerational households is at a record high and stretches across all ages. Young adults are now most likely to live with other generations, whereas previously it was adults aged 85 and older. With residences containing a significant span of age groups, smart retailers need to recognize the necessity for a tiered …

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Commentary: How to comply with the CCPA — and why retailers’ reputations are at risk

With the California Consumer Privacy Act, or CCPA, now in effect, it’s a must that merchants and retailers get fully compliant or face consequences in the form of steep fines and damaged reputations. More than 500,000 businesses are said to be impacted by the ‘Californication’ of GDPR, Europe’s General Data Protection Regulation. At its core, …

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4 lessons learned by iconic brand in the digital era

Being agile enables organizations to quickly pivot in an ever-changing landscape. In the prestige beauty industry, agility allows us to rapidly respond to quick shifts in consumer demand and create new experiences for our consumers to better engage with our brands. Given the growing trend of personalization and customization, we leverage many different technologies to …

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Commentary: Gap in very weak position, spin-off of Old Navy won’t help it

There is no real surprise from Gap’s third quarter figures: Sales are poor, profit is weak although marginally better than forecast, and the outlook remains gloomy. Given the relative lack of effort from management on resolving the underlying issues plaguing the company, it would be unreasonable to expect a different outcome. However, there is some …

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