“Change (in China) is so dynamic” Walmart’s SVP of Cross Border Trade, Ben Hassing set the tone for the sixth annual Global E-Commerce Leaders Forum (GELF) NYC program. Hassing’s keynote presentation, “The Local of Global Ecommerce” shared his experience as the head of Ecommerce and…
In one of the most anticipated bankruptcies in some time, Forever 21 officially declared Chapter 11 over the weekend, adding to the list of large retailers who have retrenched their store base or fully closed down in 2019. While many argue whether we are officially…
Our Investor Services Practice Builds long term relationships with investment firms and their portfolio companies. For nearly four years, consumer confidence has hovered in the mid-to-high 90’s. With an unemployment rate of 3.6% in early 2019, the job market has rarely been as good. And…
The sixth annual GELF NYC conference is being held on Thursday, September 19th. The New York conference brings together a community of digital and international executives from global brands and retailers across the U.S. This follows GELF conferences in Los Angeles and Miami (GELF LATAM)…
Investment in the development of employees pays off. One study conducted by ICF International Inc. reported that the median company return on such programs was 7X the initial investment. Opportunities for ongoing learning and development can be powerful motivators for employees and can help solidify…
On Tuesday, Kohl’s announced a partnership with Facebook to use the social media giant’s consumer information to select a merchandising assortment. The assortment – featuring new or unknown brands – is entitled “Curated by Kohl’s,” and is part of CEO Michelle Gass’s efforts to enhance…
CHICAGO, IL- Aug. 5th, 2019 In this report McMillanDoolittle details shifting consumer expectations across all retail categories – and the blind spots the leaders of both legacy retailers and digital natives must overcome as they adapt to an integrated retail landscape. In Different Leaders /…
As I’ve written several times before, there are multiple reasons why the grocery category is well under-penetrated relative to other e-commerce categories. Multi-temperature products, awkwardly sized and shaped products, product and SKU proliferation, delivery challenges, combined with razor-thin margins have kept e-commerce penetration today to…
Like most retailers, Prime Day has challenged Walmart and Target over the last five years. But this year, the two heavyweights developed a strong strategy to combat Amazon and executed against it. Amazon will still have a glass-half-full that goes as follows: Total sales volume…
Adding foodservice to a retail environment is hardly new. Department stores have married retail and restaurants for well over a century and drugstores routinely had soda fountains. Brands like Ikea have become almost as well known for their meatballs as their dressers and have contemplated having…
