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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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.
Is there a way we can reduce our inventory at the end of the season?
The Retail and Product Daily
6 minutes 2 seconds
6 years ago
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.
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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.
