Stores Weekly

First Edition

Setting retailers up for exceptional customer service and long-term success

The growth of ecommerce brings new levels of complexity that affect all aspects of the retail operation. These include refinements to inventory management, cash flow and, perhaps most importantly, shipping goods to the consumer — that essential linchpin on which all ecommerce relies.

Visit https://stores.org/2019/10/28/standardizing-shipments/?utm_medium=STORES%20Weekly&utm_source=Email&utm_campaign=STORES%20Oct-Nov%20&utm_content=Shipping to view the full article online.

LocatorX brings robust tracking technology to retail

Product tampering has long been an issue in retail. Brands must maintain the integrity of their supply chain and ensure items are authentic and unmolested. There’s a consumer-facing component, too: Package theft is an ongoing problem. Customers are looking to retailers for help securing their purchases, and what’s needed is end-to-end product protection.

Visit https://stores.org/2019/10/29/wheres-my-stuff/?utm_medium=STORES%20Weekly&utm_source=Email&utm_campaign=STORES%20Sept%20&utm_content=Startup%20Spotlight to view the full article online.

NRF is proud to provide our members with the online Retail Buying Guide to search for trusted vendors, products and services in the retail industry. Our guide is a user-friendly forum designed to bring suppliers and purchasers together. You can search by keyword, location, company name or category. Available whenever you need it, the Retail Buying Guide makes it easy to locate products and professional services geared to the retail industry. Click here to visit the online Retail Buying Guide! To advertise, please contact Sarah Allen for more information.

Visit https://www.naylornetwork.com/nrf-nwl/articles/index.asp?aid=587609&issueID=64478 to view the full article online.

Trends

Sustainable fashion for the long haul

In May, Copenhagen Fashion Summit, now in its 10th year, provided the opportunity for discovering new solutions, new commitments, new collaborations and new discussions in the realm of sustainability in fashion. Press materials from the event note that more than ever, companies must work together to “rectify the harmful consequences of the fashion industry and combat the climate crisis, resource scarcity and social implications.”

Visit https://stores.org/2019/10/30/sustainable-fashion-for-the-long-haul/ to view the full article online.

The digital edition of STORES includes must-read pieces, including the articles featured here. Read the current issue and browse the archives for issues you may have missed.

Visit https://www.naylornetwork.com/nrf-nwl/articles/index.asp?aid=587610&issueID=64478 to view the full article online.

NRF News

Tariffs 101: What they are and how they impact retailers and consumers

As the trade war continues, U.S. businesses and consumers are paying the price, but what is the end game? On this episode of NRF’s Retail Gets Real podcast, Scott McCandless, trade policy leader for PricewaterhouseCoopers, joins NRF Senior Vice President for Government Relations David French to shed light on how tariffs are impacting the industry and how trade might impact the 2020 elections.

Visit https://nrf.com/blog/how-tariffs-are-impacting-retailers?utm_medium=STORES%20Weekly&utm_source=Email&utm_campaign=Retail%20Gets%20Real&utm_content=Ep%20142%20Tariffs%20Impact%20Retailers to view the full article online.

NRF survey says average holiday shopper will spend 4 percent more

With the holiday shopping season just around the corner, consumers say they will spend an average of $1,047.83 this year, according to the annual survey by NRF and Prosper Insights & Analytics. That's up 4 percent from $1,007.24 last year. Shoppers between the ages of 35 and 44 plan to spend the most at $1,158.63.

Visit https://nrf.com/media-center/press-releases/holiday-shoppers-plan-spend-4-percent-more-year?utm_medium=STORES%20Weekly&utm_source=Email&utm_campaign=Winter%20Holidays&utm_content=October%202019%20holiday%20#1 to view the full article online.

A year later, tariffs’ challenge to supply chains is only greater

NRF President and CEO Matthew Shay went to China last week, a year after visiting Hong Kong to discuss the impact U.S. tariffs on products from China would have on supply chains. The message remains much the same, he said: Overall trade uncertainty and the imposition of substantial tariffs have been extremely disruptive to the retail industry and the economy as a whole.

Visit https://nrf.com/blog/year-later-tariffs-challenge-supply-chains-only-greater?utm_medium=STORES%20Weekly&utm_source=Email&utm_campaign=Tariffs&utm_content=China%20trip to view the full article online.

Increasing Conversion with Localized Marketing

While everyone acknowledges in-store conversion is key to success, how best to optimize localized retail operations to drive customer engagement and conversion is less straightforward. As consumer behavior and preferences evolve, brick and mortar stores must be one step ahead in evolving with them, adjusting store specific strategies and execution accordingly. By leveraging technology to personalize products and messaging, retailers can have targeted conversations with customers that drive conversion.

National Retail Federation