While companies like Amazon have long been using machine learning to develop product recommendations, smaller retailers typically don’t have the vast amounts of data to make these tools effective.
Eataly combines three experiences under one roof: Eat (food service), Shop (retail), Learn (classes).
In a market where consumers are becoming less interested in luxury megabrands, customization is helping Fendi attract new customers and win back disenchanted ones.
Merchandise planning and product development teams must work together to ensure that the right product gets to the right channel at the right time.
Athleta is launching a new line of technical products called Sculptek that offers a “360-degree stretch” to improve fit and respond to the wearer’s movement.
Macy’s is testing a new mobile app that leverages artificial intelligence to answer customer questions while they shop in store.
In this series, leaders in the retail industry share their thoughts on the challenges merchandise planners face today, and what we should be thinking about for tomorrow. Today’s responses submitted by a VP of Merchandise Planning with over 10 years experience in the retail industry.
Samsung has just opened Samsung 837, a flagship space in NYC with a new retail concept which offers experiences, not products.
The traditional approach to planning, one that is linear and functionally-driven, is broken. Here are the benefits of an Integrated Planning approach, and five factors to keep in mind to set yourself up for success.
Target and SoulCycle will be launching a 10-city tour, offering free classes during select 3-day weekends.
