Bailey Marshall

Walmart is using adaptive retail to reach consumers. This strategy seeks to meet specific wants and needs of each customer, regardless of what shopping channel they prefer. Check out these 5 adaptive retail tips.

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What do retailers mean when they say they listen to their customers? For Abercrombie & Fitch Co., it’s not just talk – it’s a cultural shift. In the season finale of Inside Retail, Corey Robinson, Chief Product Officer at A&F Co., shares how putting customers at the core of every decision has transformed the way they work, their assortment, and even inspired the creation of the YPB by Abercrombie brand. 🎧 Listen to the full episode now: https://utm.guru/uhOaP

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How did Abercrombie & Fitch Co. pull off retail's biggest comeback? In the season finale of Inside Retail, Abercrombie & Fitch Co.’s Chief Product Officer, Corey Robinson, joins host Grace Hill to explore the pivotal strategies behind the brand’s resurgence. Corey explains what it means to be truly customer-centric, how they created product offerings that no longer relied on the infamous moose logo, and how they’ve completely overhauled both the brand image and the business. 🎧 Listen to the full episode now: https://utm.guru/uhOaP

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What makes the holidays different than any other time of year? At its core, it's all about gifting. Customers wandering through shopping centers aren't just looking for a gift for themselves — they're on the hunt for that perfect present for someone else. This is where the magic of in-person shopping shines. Seeing, touching and feeling products makes it easier to find that special something for loved ones. In fact, The Happiness Research Institute CEO Meik Wiking says that research shows that spending money on others makes people happier than spending on themselves. Read more in Retail Dive at https:// https://lnkd.in/eudd85XQ 733134/ #InStoreShopping #HolidayShopping #Retail #HolidaySeason #GiftGiving #mpshoppingcenters #cre #happinessresearchinstitute

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Are you an emerging brand looking to make your mark at Target?   “We often hear from brands saying, ‘We’ve been trying for two years to get into Target, and now we’ve got 4 SKUs in 400 stores, we don’t want to miss this opportunity.’ That’s where we step in.” From crafting data-driven strategies to leveraging insights from across retail media networks, we’re here to help brands turn opportunity into growth. https://lnkd.in/gdedEddf #retailmedia #emergingbrands #targetsuccess #DIGITS

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Get the Inside Scoop: Unveiling Customer Insights with Waanee AI Survey Bot In today's dynamic retail landscape, understanding your store managers' perspectives is crucial. They're the backbone of your operations, and their this feedback can be time-consuming and expensive. Traditional methods like surveys or in-person meetings may take managers away from their busy schedules or lack the personal touch. **Introducing Waanee AI Survey Bot: Your Conversational Feedback Partner** Waanee AI Survey Bot offers a revolutionary approach to collecting store manager feedback. Imagine having a friendly and efficient AI assistant that chats with your managers over the phone, just like catching up over coffee. Here's what makes Waanee AI Survey Bot a game-changer: -Cost-Effective: For a price comparable to a cup of coffee, you can gain valuable insights. -Conversational & Voice-Enabled: The bot interacts naturally, allowing managers to express themselves freely. -Self-Configurable: Set it up easily without needing technical expertise. -Powered by NLP & AI:** Uncover critical issues buried within the feedback data for immediate action. **Benefits Beyond Convenience** Waanee AI Survey Bot goes beyond just casual conversation. Here's how it empowers you: -Timely Interventions: Identify concerns quickly and take action before they escalate. Actionable Insights: Use AI-powered analysis to prioritize and address critical feedback. Improved Communication:Foster a culture of open communication with your store managers. **The Future of Feedback is Here** Waanee AI Survey Bot is a powerful tool that can transform the way you gather and utilize store manager feedback. It's affordable, efficient, and provides actionable insights that can directly impact your bottom line. **Ready to take your customer focus to the next level?** Let Waanee AI Survey Bot be your secret weapon for success. #conversationalai #waanaeeai #customerexperience #surveybots #contactcenterai

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Macy’s Trims Sales Outlook After Holidays Didn’t Deliver. Department store now sees 4Q sales at or below prior forecast. Company’s 50-store strategy to be expanded to 75 more stores $M https://lnkd.in/eh7Hgbd2 #tradeguard #receivableputoptions #arputs #receivableputs #tradereceivables #accountsreceivables

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Walmart's VPI Strategy: The Power of Merchandising Join Andy Wilson and John Reeves as they dive into the success of #Walmart's VPI strategy, how it emphasized the importance of #merchandising, and the outsized impact of the classic #MoonPie. Their full conversation drops tomorrow on YouTube https://lnkd.in/gAGJX33v and on dbbnwa.com #WalmartSuccess #VPIStrategy #MerchandisingTips #BusinessGrowth #MerchandiseDrivenCompany #ClearPurpose #RetailStrategy #CompanyCulture #EffectiveMerchandising #BusinessTips

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It probably comes as no surprise to anyone that HBC, through its Saks subsidiary, is purchasing Neiman Marcus. The combination of these legacy luxury department stores makes sense. The interesting wrinkle in the transaction is that Amazon is an investor in this venture. I guess this means that true omnichannel distribution is in the future for the combined Saks/Neiman Marcus company. It'll be interesting to see how this plays out for Amazon. As you may recall, Walmart had gone through a brand buying binge (Bonobos, ModCloth, Eloquii, etc) a few years ago and has since started divesting itself of these brands. The difference may be that Amazon is acting with a true clothing retail operator as a partner while Walmart sought to do it on its own. #TheRetailLawyer #HudsonBayCompany #Saks #Amazon #NeimanMarcus #retailevolution #omnichannel #attorneyadvertisement https://lnkd.in/eMTDuyaX

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Transform top-level goals into detailed, actionable merchandise plans. Any changes made at the store, department, promotion, or purchasing levels are automatically reflected in overall merchandise and financial plans. This gives a unified view with unmatched clarity. Our Open-to-Buy plan serves as a strategic guide for purchasing decisions, helping you manage inventory levels efficiently across all sales channels to maximize both profitability and inventory turnover. #retailplanning #opentobuy #assortmentplanning #digitalcommerce #omnichannel #retailpos

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Are multiple indicators amiss and inconsistent across your #stores? Employee turnover? Conversion rates? Add-ons and attachment rates? It often stems from shallow training, and it's time to go deeper. Unlock incremental profit through intentional retail skill and behavioral development with Progress Retail. Book a conversation via the link in the comments. 🔗 #retail #retailtraining #retailtech #retailops

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Does this surprise you? It doesn't surprise me at all; when doing research for JCPenney, I saw this all the time. Yes, people have adopted online shopping; it's faster, and you can see a broader selection at once. It works for things you know, a favorite brand or a utility item (mattress cover, men's underwear, pots and pans). But there is something about touching that bed cover/or sheet set, seeing the colors, trying on that blouse. Furthermore, our motivations have changed, we are dying to have a reason to explore and feed our senses. What's the last thing you bought in real life? #retail #experience #insights #explorewiththesenses

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The holidays impact everyone—customers, associates, and store leaders, all the way up to the top of the organization. The human side remains pivotal in this make-or-break season of retail. The trick to success? Take good care of your associates and store leaders, and they’ll take good care of your customers and business. Below are some ideas for making sure your associates and store leaders are cared for this holiday season: ▶Prioritize regularly checking in with associates during and after shifts to address any safety concerns and show you care about their well-being. ▶Make sure they are scheduled to have time to complete their own shopping and attend family parties and personal events. ▶Give your store leaders budgets to reward your customers and your associates this year. ▶Little things don’t mean much; they mean everything. A smile, positive reinforcement, and remembering their names takes minutes and no budget. ▶Recognize and celebrate associates who demonstrate resilience and teamwork under pressure. Pizza, bagels, chocolate, and donuts go a long way when your team is pulling longer shifts and trying to get their own personal holiday shopping done during their breaks. ▶Lead by example with leader visibility on the floor. Encourage leaders to spend time on the floor during peak times, demonstrating support and being ready for backup if needed. ▶DM and senior leader store visits should be upbeat and positive, especially during the last few weeks of the season. Loosen up, while still making sure to communicate effectively and enforce standards. ▶Focus on the things that matter most and are most important to the business during store visits. Target the positive things that are going well and the team that is making those things happen. Store visits during the holidays should send the message “I care, and I am here to help.” How else can you emphasize the human element of retail? #LearnMOHR #Retail #HolidayShopping

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