The fashion industry is constantly evolving and changing. This can be seen in the rapid technological advances and the rise of new fashion trends. The fashion industry is always on the move, whether it’s the evolution of how we shop or the latest fashionable clothes. As customers’ real lives become increasingly immersed in the digital […]
Retailers are facing an uphill battle in the digital age. With so many e-commerce sites to choose from, consumers no longer need to visit physical stores to browse products or make a purchase. As a result, brick-and-mortar retailers have seen their sales decline and have had to find other ways of differentiating themselves from online […]
Inventory management is one of the biggest challenges an optical store owner faces in managing the store. Inefficient inventory management can directly impact consumer satisfaction, thus impacting your business. It might also cause chaos in your optical store and turn into a long-term situation causing business losses. Seamless inventory management is the backbone of running […]
Retail is being disrupted by technology, much like almost every other sector of the economy. While online e-commerce has grown rapidly in recent years, brick-and-mortar retail remains an essential part of the modern consumer landscape. And yet there are many indications that traditional brick-and-mortar retail will continue to be impacted by digital innovation. As more […]
Retail sales slowed in May as consumers faced continuing inflation and its impact on the cost of everything from groceries to gas. Consumers are changing their shopping behavior in the face of rapidly rising prices. According to a recent NRF study, almost half of consumers are switching to cheaper alternatives and are more often looking […]
Jewelry retailers looking to accelerate their recovery strategies in the post-COVID black swan must make bold decisions to prepare for the new normal. This means conducting due diligence on their existing retail strategy and business models as they must look for ignored blind spots and key challenges facing the jewelry industry. The jewelry industry will […]