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The Retail and Product Daily
Retail Assembly Inc.
35 episodes
3 months ago
When you visit an online site, data about your behaviour is abundant. Powerfront's avatar makes it visually accessible to customer service reps. Have you seen the "sleepy" pop-up at The Benjamin hotel in New York? Or the Well Travelled Trunk tree at the Sofitel? Hotel lobbies are another touchpoint for retailers to reach their consumers as foot traffic at malls continues to decline. And Trampery, the London fashion incubator, has officially graduated its first cohort from the Sustainable Fashion Accelerator program.
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All content for The Retail and Product Daily is the property of Retail Assembly Inc. and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
When you visit an online site, data about your behaviour is abundant. Powerfront's avatar makes it visually accessible to customer service reps. Have you seen the "sleepy" pop-up at The Benjamin hotel in New York? Or the Well Travelled Trunk tree at the Sofitel? Hotel lobbies are another touchpoint for retailers to reach their consumers as foot traffic at malls continues to decline. And Trampery, the London fashion incubator, has officially graduated its first cohort from the Sustainable Fashion Accelerator program.
Show more...
Management
Business,
News,
Business News,
Daily News
Episodes (20/35)
The Retail and Product Daily
Your avatar for online shopping got an upgrade
When you visit an online site, data about your behaviour is abundant. Powerfront's avatar makes it visually accessible to customer service reps. Have you seen the "sleepy" pop-up at The Benjamin hotel in New York? Or the Well Travelled Trunk tree at the Sofitel? Hotel lobbies are another touchpoint for retailers to reach their consumers as foot traffic at malls continues to decline. And Trampery, the London fashion incubator, has officially graduated its first cohort from the Sustainable Fashion Accelerator program.
Show more...
5 years ago
5 minutes 59 seconds

The Retail and Product Daily
Digital-first brands seems to be the winners of 2019
Digital-first brands seems to be the winners of 2019, but they still face headwinds like a noisy online environment and building connections. We have a couple of ideas of how to overcome them. Vacant Fifth Avenue spaces still get holiday windows as traffic increases by Rockefeller Centre. And CPG brands like Unilever and P&G are taking small steps to lower their plastic usage. And Loop refills for you. But it's not enough.
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5 years ago
6 minutes 45 seconds

The Retail and Product Daily
What does the future of the mall look like?
The future of the model is urban, greener, and has a smaller department store footprint. MAPIC has ended and we've got five takeaways we're sharing with you. There is now a 100 per cent carbon-neutral national shipping carrier in the United States: Sendle. Tiffany brings 5 things to LVMH. Are they worth $16.2 billion?
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5 years ago
8 minutes 22 seconds

The Retail and Product Daily
Gucci delivers double digit increases by immersing employees in the Gucci world
Gucci has consistently been delivering double digit increases, in part by giving employees a similar experience to that of their customers. Amazon admits to culling sellers data on its site. The first products in the Prada and adidas collaboration hit stores December 4.
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5 years ago
5 minutes 40 seconds

The Retail and Product Daily
Is there a way we can reduce our inventory at the end of the season?
In this episode: 1. Kindred, an influencer based app, takes flash selling into the socially conscious realm by requiring brands to donate a percent of sales to a charity. 2. Vasquiat is introducing a new way to think about demand planning. The e-commerce site is trying to minimize markdowns at the end of the season while still feeding into the current consumer demand for a discount. They offer shoppers the opportunity to shop their edit pre-season at 40 percent off - before product will even hit stores. 3. Target sees double digit growth...in apparel. Introducing new brands like Levi's, launching a dozen private labels, and creating inspiration online led to longer dwell times, and a rise in average basket size, both instore and online. ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago
6 minutes 2 seconds

The Retail and Product Daily
CFDA emerging designers have a pop-up home in Los Angeles with Forum
In this episode: 1. CFDA emerging designers have a pop-up home in Los Angeles with Forum. And data and insights to go along with it. Nicholas K. is the first label to be featured and will be situated there until 2020. 2. PayPal acquires Honey, giving it access to consumers earlier in the online purchase journey. John Kunze at PayPal said of the deal, quote, "When Honey says they're putting money in the pockets of their customers — that's perfectly in line with what we want to do." 3. Target and Walmart have a fulfillment advantage over Amazon. And both retailers are reporting strong growth as a result. Same day services (either delivery or in-store pickup) contributed to eighty per cent of Target's growth for the quarter. ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago
5 minutes

The Retail and Product Daily
"Ok Boomer" has stiff competition at the patent office in the US
In today's episode: 1. "Ok Boomer" has stiff competition at the patent office in the US, but can you even trademark it? 2. Plast, Dell, HP and Trek Bicycles are all using ocean-bound plastic in their products. As designers, architects and consumer packaged good companies take responsibility, can the supply chain keep up? 3. "One of the interesting things about the art world, of course, is that an object is worth precisely what anyone will pay for it at any given time." Christie's is putting up 230 Supreme skateboards for auction. ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago
4 minutes 58 seconds

The Retail and Product Daily
Solidarity sourcing, or inclusion sourcing is a win with Ikea in Thailand
1. Walmart might be winning the grocery delivery game with it's integration of physical and digital stores, Delivery Unlimited program, and focus on freshness.Walmart grew it's e-commerce business by 41 percent, driven by strength in grocery. 2. The divide between major luxury powerhouses like LVMH and Kering, and independent brands like Burberry is growing. Is digital responsible? Luxury brands typically reinvest about 6% of revenue into marketing. Using that assumption, Gucci had 500 million euros to spend in 2018, half of which would go to social. 3. Ikea's partnership with Doi Tung shows how a diversified supply chain can be good business, and good for local economies - sustainably. Ikea's approach, providing training and quality control guidance, helps ensure that the project is sustainable and operational, even without the feel-good marketing story attached. ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago
6 minutes 11 seconds

The Retail and Product Daily
Amazon should be disappointing customers, but are they?
Amazon isn't monitoring its sellers for accurate product descriptions, even as they court manufacturers directly. How will you deliver on sustainable solutions for your customer this Black Friday and Cyber Monday? And Berlin company Jandorf Holding relaunches luxury brands.
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6 years ago
4 minutes 58 seconds

The Retail and Product Daily
Consumers are trading down, and luxury continues to grow
Premium fashion labels are starting to feel some consumer uncertainty as Hugo Boss, and Ted Baker issue statements suggesting they will miss their quarterly targets. This underscores a larger shift that is showing a reduction in consumer spending in the middle markets. At the mass consumption end of the price market, have customers hit peak happiness? Morgan Stanley analyst Geoff Ruddell says they have - at least in clothing. Clothing sales in developed countries have been stagnant or declining. And we are missing one week of "holiday shopping" this year between American Thanksgiving and Christmas. How to manage? ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago
5 minutes 48 seconds

The Retail and Product Daily
Luxury handbags are no longer the status symbol of choice for many consumers
than 20% over the first eight months of 2019. The handbag was once the accessory of choice for customers looking to enter into the luxury market, a status symbol of sorts. Now that role is filled by sneaker and althleisure product categories. Houston Rockets sneakers and apparel were pulled from several Nike stores in major Chinese cities amid the furore surrounding a tweet from the team's general manager in support of anti-government protests in Hong Kong. Bigger isn't always better, like big-box retailers before them, demand for smaller warehouses is soaring as e-commerce, and the push for faster delivery accelerates competition for industrial space close to major population centres. ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago
7 minutes 24 seconds

The Retail and Product Daily
LVMH may be the bellwether for how unrest in Hong Kong will affect retailer results
LVMH may be the bellwether for how unrest in Hong Kong will affect retailer results. Some estimate the protests could affect business of global brands by up to 2 percent this year. Fast Retailing reports strong results. Target leans into inclusive and adaptive kids wear, and partners with Disney, and Toys'R'Us. ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago
6 minutes 40 seconds

The Retail and Product Daily
Is Dick's Sporting Goods getting out of the gun business?
Dick's Sporting Goods is weighing whether or not to make a strategic shift out of the gun business, after destroying $5 million in automatic weapons this last year. And teen spending is slowing, but footwear has peaked with Gen Z. And H&M buys Sellpy, a resale company, as it marches towards its goal of becoming a circular company. ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago
5 minutes 3 seconds

The Retail and Product Daily
Walmart continues to invest in Jetblack, because the future of shopping is voice controlled
Jetblack, the personal shopping service available to consumers via text, is losing $15,000 per member annually. But Walmart continues to invest in the company as an R&D expense as it looks to build its future capabilities. Target will have solar panels on more than a quarter of it's stores in a month. Shiseido acquires clean beauty and skincare Drunk Elephant, a brand that has grown to $100 million annually. ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago
5 minutes

The Retail and Product Daily
The UK suiting marketing is down 10 percent
Marks & Spencer is consciously shifting its assortment to meet the market decline in suiting and changing menswear fashion preferences. Kardashian Kloset launches, and it's terribly done. Plant subscription services are launching across the globe - and doing well. ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org
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6 years ago

The Retail and Product Daily
Google is Shoppable, and American Eagle is #moody
Google upgrades its shopping feature and Google Lens uses enhanced image recognition for better product recommendations. American Eagle Outfitters launches a genderless CBD beauty and wellness brand: Mood. And H&M delivered a great quarter, growing almost 20% in the US, and 30% in India. ◇ Instagram: https://www.instagram.com/retaildailypodcast Facebook: https://www.facebook.com/pg/retaildailypodcast
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6 years ago
4 minutes 59 seconds

The Retail and Product Daily
Gap Inc wants to grow Hill City organically
Gap Inc wants to grow Hill City organically, and its developing its blueprint for incubating future businesses. Amazon will have grocery stores - separate from Whole Foods, by year's end. And Simon Property Group took a 50% stake in Gilt Groupe and launched ShopPremiumOutlets.com.
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6 years ago
4 minutes 59 seconds

The Retail and Product Daily
Why can't grocery retailers get e-commerce right?
Grocery retailers are still relying on in-store pickup which is the wrong business to build out. They are leaving themselves open to new players in the delivery sphere. U.S. tariffs hit Britain's luxury market, and the timing couldn't be worse. Canadian altheisure brand RYU hosts pop-up brands in-store with Guesst.
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6 years ago
5 minutes 39 seconds

The Retail and Product Daily
Why did Forever 21 file for bankruptcy? Hint, it isn't because fast fashion is dead.
There are three major reasons why Forever 21 went bankrupt - and it isn't because fast fashion is dead. A $500 a month membership for brands gives them access to an audience of stylists looking for product to pull. Levi's made big investments in the future with climate week announcements and in wearable technology.
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6 years ago
4 minutes 59 seconds

The Retail and Product Daily
The fragrance market's challenges and solutions
The fragrance market's challenges and solutions, including distribution and finding the perfect "blend" of online and offline. Niche fragrance has the floorspace, but how will that affect distribution going forward? There are two good ways to do digital in-store: support online sales and make good offers for in-store shopping. A VidMob survey found that 1000 Instagram users purchased directly from the app. We tell you what drives the results.
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6 years ago
5 minutes 44 seconds

The Retail and Product Daily
When you visit an online site, data about your behaviour is abundant. Powerfront's avatar makes it visually accessible to customer service reps. Have you seen the "sleepy" pop-up at The Benjamin hotel in New York? Or the Well Travelled Trunk tree at the Sofitel? Hotel lobbies are another touchpoint for retailers to reach their consumers as foot traffic at malls continues to decline. And Trampery, the London fashion incubator, has officially graduated its first cohort from the Sustainable Fashion Accelerator program.