NRF: Retailers to ring up 3.7% holiday sales growth
Holiday retail sales are expected to grow 3.7% this year, slightly slower than the 4.1% pace of holiday sales growth in 2014, according to an NRF forecast released Thursday. Total sales are forecast to grow to more than $630 billion, and online sales are set to rise between 6%...
How retailers can drive brick-and-mortar sales
Although many brick-and-mortar retailers see customers who browse the store but buy online, there are three ways that retailers can win back consumers. Retailers can make it easier to order online and pick up in the store, reward loyal shoppers and leverage customer data to offer the most satisfying...
Small businesses weigh the costs and risks of EMV
Now that the credit card industry’s deadline for retailers to adopt chip-and-signature cards has arrived, most large merchants have made the move or are close to doing so. But some small retailers are still debating whether EMV — Europay MasterCard Visa — is a viable solution for safeguarding credit...
Before You Pass the Torch, Find Out What Your Business Is Worth
Small-business owners invest blood, sweat and tears—not to mention time and money—into their companies. Putting a price tag on all that work may seem impossible. But in fact getting an accurate business valuation is essential. Read more …
Social media plays an important role in grocery shopping
Nearly 60% of shoppers use social media to find recipes, while more than half use social media to compare prices, according to a new study from Packaged Facts. Millennial men are 165% more likely than the average grocery shopper to be influenced by social media advertising, and millennial dads...
How to Get Twice as Much Done in Half the Time
Feel like there’s not enough time in the day to get through your to-do list? Here are three productivity hacks that can help you prioritize. Read more …
Powered By Digital, Deloitte Predicts 4% Increase In Holiday Spending
Holiday retail sales are on track to grow up to 4% this year, down from 5.2% in the same period last year, as concerns about stagnant wages and global volatility make consumers a bit more cautious, even as the improved employment picture and low gas prices boost confidence, according...
Compete with Quality
If you’re competing against the big guys—national-chain service providers, or online retailers—it’s going to be hard to win on price. In fact, you may not want to win if it means being the cheapest. But you can turn this into a fair fight and, as a small business owner,...
Grocers embrace digital coupons
Grocers are seeing growth in adoption of digital coupons, which offer consumers the convenience of loading paperless vouchers from retailers’ sites and mobile applications to their loyalty cards or through coupon networks and aggregators. “Mobile can help grocers reach their shoppers in a way that’s more intimate and relevant...
Is click-and-collect the next big thing in grocery?
The concept of click-and-collect is gaining popularity in the U.S. grocery landscape as retailers and consumers take cues from established services in Europe as part of a major trend emerging in grocery, a panel of experts said at an industry event last week. Click-and-collect pilot programs allow retailers to...