Tag Archives | Best Buy

8 Back-to-School Merchandising Tactics in 2012

RetailNet Group’s analysts recently surveyed a range of the major US chain retailers’ stores to get insight on the different 2012 Back-to-School merchandising strategies.  Below are some sample examples from the RNG store tour database. RNG subscribers can click the links below each photo to see the full galleries on www.retailnetgroup.com. Walmart See Full Gallery [...]

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Best Buy Combats Showrooming With New Connected Store Format

Best Buy has struggled the most with the new “showrooming” problem brought on by the trend towards ‘commerce anywhere.’  The concept, which describes the fact that consumers are researching items online and buying them for a lower price in-store, has been most prevalent among retailers that offer big ticket items like those playing in the [...]

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Fastest Growing Retail Formats Series: North America

A question we at RetailNet Group often get asked is, “What store formats are opening the most stores?” In order to answer this question, we decided to provide a series of articles looking at high growth formats across the globe. We will do this in each of our major geographies: North America, Latin America, Europe, [...]

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Retailers Breaking Out Departments Into Standalone Stores

The average store footprint in developed countries is shrinking.  It is a trend resulting from retailers’ desire to bring stores closer to the aging shopper and to increasingly dense urban areas.  This shift was apparent in 2011 with the unveiling of Walmart’s two small format stores, the announcement that the average Best Buy store will [...]

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Retailtainment: 10 Great Ideas to Increase Store-Based Retail Traffic

Store-based retailers can create a memorable, entertaining, learning experience much better than any e-commerce based retailer can. Regardless of whether the store-based retailer is a brand store, a department store, or a grocery store, making the shopping trip more of an experience than a chore is an idea that should be leveraged. How are retailers [...]

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Big Box Retailers Shrink to Grow

In retail, the thought used to be that bigger is better.  In 2011, however, we saw a number of big-box retailers realize that the one-size fits all approach is no longer generating the same level of growth they once saw.  Instead, big box retailers are looking to expand through the acknowledgement that consumers are responding [...]

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How Are Retailers Preparing for the 2011 Holiday Season?

Retailers are rolling out new shopping solutions in order to meet the two most prevalent macro-economic trends this holiday season.  First, while the economy is recovering, decreasing credit shows that consumers are either saving in order to pay down debt, or simply that a lack confidence in the economy has reduced discretionary spending.  Second, visits [...]

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Order Online, Pickup In Store

Multi-channel integration is not only a goal but a necessity for most retailers today.  Tablets, mobile friendly websites, and smartphones are new means and mediums that are changing the game.  In 2011, 35% of American adults own a smartphone, and 79% of smartphone owners have engaged in shopping related activities through their smartphone. Mobile usage [...]

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