Search Results for "Saks": 10 results



Business lunch: how retail is changing :)

Old retail is 80% analog. This consists of: the physical store, staff, customer service training, etc. What you’d expect walking into a Saks or Macy's. And it's about 20% tech: computers, cash registers (POS systems), mobile shopping, Google ranking, apps, hiring social influencers, Instagram, etc.

Today, the retailers that are well positioned, growing, and 'hot' carry the opposite equation: they're 20% analog and 80% t...
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Retail trends zola e-commerce


Shared: June 16, 2019

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Saks essentially throws in the towel on cosmetics and moves that department from the first floor to the second. What now greets you? Handbags. The WSJ reminds us that department stores are on the ropes against online competitors, chains dedicated to cosmetics, and changing consumer tastes. Jewelry is now in the basement.

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Saks nordstrom neiman marcus wsj

February 6, 2019

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Hackers installed software on Saks and Lord & Taylor cash registers. What’s notable is that the hack didn’t affect the companies’ websites. The hackers may have used the web (most likely via phishing emails) to infect the good ol’ ‘analog’ cash register. This crimes mixes new and old tech.

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Saks hacker cyber attack nyt

April 2, 2018

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Amazon Prime Day has become a national holiday for the entire retail industry.

Here are the Prime Day deals Amazon didn't want you to see.

Read the full story here or click this link: https://finance.yahoo.com/news/prime-day-deals-amazon-didnt-want-see-152726679.html

Here are the Prime Day deals Amazon didn't want you to see

Amazon Prime Day has beco...
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Amazon Prime Day Hudson Bay eBay Bloomingdale's

July 11, 2017

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From Sunday's NY Times, this article highlights how retail is at a tipping point with the shift from brick & mortar to e-commerce. While it is a big concern to all, we have you covered: Bridge has helped its retailers process 32% more in sales over the last year vs the year before. Bridge's mobile retail software has seen an increase of 55% year over year. As the retail landscape continues to shift, we are moving right along with it.

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Retail E-commerce NY Times

April 17, 2017

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The headline is scary. The article states less drastically that "comparable store" sales which include stores open a year or more and online sales are down 5%. Translation: Neiman's may need to work smarter to compete online because consumer purchases are definltey increasing there. And don't feel too bad for Neimans: it still had a profit of $3.8 million.

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Neiman Marcus saks fifth avenue

June 15, 2016

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Luxury makes a comeback from Fortune magazine

Jaguar, Oakley, and other brands are trying to put the 'lux' back in luxury, despite the recession.

By Suzanne Kapner, writer
December 3, 2009: 9:02 AM ET
NEW YORK (Fortune) -- Here's what the financial crisis sounds like at the top of the income ladder: When asked how the recession had impacted her life, one banker's wife said, "The waiting list for a Birkin bag is a lot shorter."

She was referring, of cour...
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luxury marketing luxury sales

December 5, 2009

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Source: Vanity Fair by John Clarke Jr. October 27, 2009, 11:49 AM Earlier this year, when Anna Weatherley delivered her magnolia-patterned china set to the White House, the accompanying spate of profiles covered every aspect of her career--except one: gun runner. Was it true, as the whispers around Washington had it, that she had a secret history as a gun-runner in Soviet-occupied Afghanistan? Not quite, although the truth is just as c...
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Anna Weatherley

October 30, 2009

Should you offer free shipping on your website?




Please see below. This article from today's Wall St. Journal explores the expectation for free shipping when buying online.
My advice to clients:
- Let's better promote our free shipping offer for orders made online.
- Let's e-mail a coupon to past customers either for an amount off the purchase, or something about free shipping.
- Can we lower our free shipping baseline, or offer a free upgrade to q...
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free shipping holiday promotions new york city web design

October 21, 2009

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Shoppers Go Online to Save Gas Money




This article below from the today's NYT echoes a conversation I had this week with a major tableware brand. The head of the company said that he can see a day when the traveling home goods salesperson will not travel. Instead, the person will do his or her sales presentations over the phone and web. Samples will be shipped via UPS or FedEx. Otherwise, sales reps have to drive to and from meetings, and this gas money may eat up 25%...
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Online Ecommerce NY Times Neiman Marcus Saks

July 19, 2008

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