Remove Apparel Remove Consumers Remove Online Experience Remove Sales
article thumbnail

Is the Future of Retail, Physical or Virtual?

C3Centricity

A recent article on CNBC showed that many major chains in the USA had recorded triple-digit growth in online sales in the first half of this year. They concluded by saying that those retailers who had already invested on online sales would fare better than those forced into it by the pandemic. Am I being naive?

Retail 194
article thumbnail

The Future of Retail is in the Stars (or is it the Cloud?) Testing

C3Centricity

However, with the move of most major supermarket chains to offer online stores too, plus a few successful online only stores, such as Amazon in the US and Ocado in the U.K. they are now reconsidering just how big they could or should grow their online business. Offering free returns may work for apparel but not for electronics.

Retail 177
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Peloton’s financial troubles are a wake-up call for all companies to be vs. do digital

West Monroe

Activists are still calling for a sale or another change in leadership following a bleak earnings report and a $750 million loan in May to improve cash flow. It’s possible this pricing adjustment will help stabilize revenue streams; however, Netflix has shown that there is a breaking point for what consumers will withstand.

Company 98
article thumbnail

Peloton’s financial troubles are a wake-up call for all companies to be vs. do digital

West Monroe

Activists are still calling for a sale or another change in leadership following a bleak earnings report and a $750 million loan in May to improve cash flow. It’s possible this pricing adjustment will help stabilize revenue streams; however, Netflix has shown that there is a breaking point for what consumers will withstand.

Company 52
article thumbnail

How are retailers working to improve customer experience?

Eptica

With so much spend now gravitating online, it’s particularly important for bricks and mortar retailers to match or even exceed online customer experience if they want to thrive. How can the physical store environment distinguish itself from an online experience? consumers spent $1.5

Retail 48