Gen-Z Voice: UN Women Advocate Anya Thakur on shaping global industries through diversity and sustainability PART 1

By Anya Thakur on Nov 14, 2018 10:58:36 AM

 

This is part of a two-part series with Guest Blogger Anya Thakur and her vision on how brands, retailers and corporations can better connect with Generation Z.

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Gen-Z Shoppers: The Real Scoop

By Carly Martinson on Aug 15, 2018 11:39:00 AM

Carly Martinson is our guest blogger this week. She is a rising Freshman at Babson College, an avid golfer, and resident expert on Gen Z.

As an 18-year old female who has considered shopping to be among my favorite pastimes over the past six years, I feel well qualified to speak on behalf of my fellow Gen-Z consumers when answering the following question:  What is it exactly that attracts young people to browse and spend in some stores and ignore others?   

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A Page from the Amazon Playbook: 3 Ways to Embrace the “Tech Company” Ethos as a Retailer

By Radius8 on May 1, 2018 2:28:04 PM

 

It is a constant and often repeated maxim – the key to Amazon’s success lies in the fact that the online giant behaves more like a tech company than a retailer. This goes much beyond the fact that AWS contributes a tremendous amount of cash to their bottom line. It’s a mindset and a ethos that drives every decision and strategy.

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Gen-Z Voice: What Does Black Friday's Online Migration Mean for Brick-and-Mortar?

By Sara Chopra on Jan 2, 2018 10:28:00 AM

Over a month after this year’s hectic Thanksgiving weekend, the holiday shopping season is winding down, with a week or two of final sales and returns to close out the year. Looking upon the holiday gifts that we purchased a few weeks ago begs the question of Black Friday’s significance in the face of online presences’ rising prominence. No doubt, the continued onslaught of sales and discount throughout the holiday season will affect the final holiday season scorecard for retail.

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Location: The Common Ground between Stores and the Mobile Consumer

By Radius8 on Dec 21, 2017 2:22:56 PM

Fact: Smartphones drove over $2 Billion in Black Friday Sales

Fact: The Average Consumer Spends at least 5X the time on Amazon’s App Compared the Next Most Used Mobile App

 

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Stitch Fix Stock Holding Its Own: What Can “The Rest” of Retail Learn?

By Radius8 on Dec 6, 2017 5:55:38 PM

After a somewhat bumpy start that has come to characterize so many Tech IPOs. Stitch Fix experienced significant growth last week spurred on seemingly by Wall Street’s reaction to a strong holiday shopping weekend. Interestingly enough, Stitch Fix does not seem to fall into a category of retailers typically thought of to have huge bumps during holiday as the buyer is typically shopping for themselves. Never the less, Stitch Fix has long-stood as a benchmark for providing highly curated and personalized service and product to their customers – with the thousands of personal stylists and a heavy investment in data science and AI to back it up.

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Another Black Friday is upon us and the world of retail is gearing up! Is it really new?

By Radius8 on Nov 22, 2017 2:28:08 PM

Of customers polled about their shopping plans for Black Friday, 35% responded that family tradition drives them to the store, 23% pointed to kicking off the holiday and enjoying holiday decorations and displays, and 18% said it’s the best time to browse and shop for the perfect gift for someone on their list.

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Are you Leveraging the ‘Local Advantage’ this Holiday?

By Radius8 on Nov 6, 2017 2:03:19 PM

As the first signs of fall set in this week in the Northeast, I can’t help but wonder how many pairs of shorts hit steep markdown when the weather hardly dipped below 70 degrees for the entire month of October. It’s nobody’s fault, the markdown was planned 12 months or more ago with no significant ability to gauge the ever-volatile fall weather patterns. Without the local data and a method to leverage that data to make an on-the-fly merchandising decision, those shorts languished in the back of every store.

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Gen-Z Voice: Leverage Experience To Drive Holiday Foot Traffic

By Sara Chopra on Oct 24, 2017 2:12:30 PM

As winter months draw near, the holiday season approaches, and alongside it comes the accompanying annual rush of shoppers.  Yet as online vendors edge with competitive pricing and convenience to their customers, according to a recent study by Fung Global Retail and Technology, now is the time for your store to draw in audiences with unique opportunities and experiences.

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How to Leverage Stores and “Play to Win” like Hudson Bay

By Radius8 on Oct 12, 2017 3:41:24 PM

“Closing stores starts a spiral that can’t be stopped,” posited Hudson Bay Company CEO Jerry Storch on stage at Shoptalk in Copenhagen this past Monday. The strategy for 2018 and beyond: Play to Win. Sure, like most retailers, HBC may have a few duds across their chain, but unlike many retailers, they aren’t just closing down stores. Instead, the company which owns the likes of Saks and Lord & Taylor is retooling and investing in underperforming stores, modifying the footprint and concept to better address the local market, and making technology investments that connect stores and online shoppers – driving value to an ever-more integrated set of channels. “Be great in stores and be great online,” according to Storch.

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