Blog
Data vs. retail fundamentals: Jewel leaves loyalty program behind
Is great
retail execution enough to succeed against competitors who are investing
in shopper data? The debate plays out in real time now that it looks like Jewel food stores in Chicago are discontinuing their loyalty program, but while
we're debating is important work going undone? We talk with Lynn
Olsen about the investments retailers need to be making to make data work for them. moreManagement brief: Stores, real estate, and the dilemma of self-service
What are the broader implications of Tesco's decisions to take an £800m write-down on the value of real estate it no longer believes is worth developing? We asked Marc de Speville, Food Retail Research Partner at Redburn in London. moreNew retail analytics tackle business problems
Technology and new retail analytics are transforming even basic parts of the retail business - from reducing wait times at checkout to managing out of stocks. In this interview with Jan Davis, we dig into pedestrian tracking - one of those “behind the scenes” operations that's being transformed by new technology and analytics. moreRelayfoods.com: Making the connection with food more efficient
Relay Foods has created a virtual food marketplace that is economically
viable on a per order basis, complete with network pick-up locations, great
customer retention, and a surplus of local suppliers clamoring to get into
their system. We talked with President and Co-Founder Arnie Katz about his
food experiences and how Relay is winning over shoppers.more
Selling solutions drive top-line growth
Offering shoppers "solutions" by combing complimentary items (a.k.a.
bundling) is a powerful tool to increase transaction size, and it's
already driving sales for both online and brick and mortar retailers.
Done effectively, bundling can have a big impact on top-line growth. Do the math: How
much would your sales increase if shoppers added just one more item to half of their
transactions? more
It's the online forum we host about how technology its impacting the shopping experience.
BMC delivers the strategic insight and guidance that retailers, suppliers, and technology providers need to drive growth by better meeting shopper needs in today’s multi-channel environment. 