Tag Archives | Marks & Spencer

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 [...]

Read full story Comments { 4 }

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 [...]

Read full story Comments { 2 }

Providing Customers with Convenient Meal Solutions

While the average person thinks they make approximately 15 food related decisions every day, a study shows that this is far from the truth.  According to Cornell University’s issue of Environment and Behavior , people make an average of 221 food-related decisions each day!  So, in order to meet the consumer demand for convenience, retailers [...]

Read full story Comments { 0 }

Photos: Educating the Customer at the Shelf

While there is no substitute for friendly human interaction, finding an available store employee during high traffic hours can be quite tedious and frustrating.  Acknowledging this, retailers are considering many different approaches to boost in-store satisfaction that supplements the services provided by its personnel.  How do retailers help consumers make decisions at the shelf when [...]

Read full story Comments { 3 }

Photo Comparison – Retail Pricing Strategy

The world will be a very different place in 2020.  For retailers looking to compete in this new environment, there are some important capabilities that must be embraced.  Price personalization and price communication capabilities are just two areas in which changes may occur. Price Personalization It’s all about delivering a personalized price to each consumer.  [...]

Read full story Comments { 0 }