Specialty Retailer (2025)

25/09/2024

Customer loyalty is an integral part of every retail brand. It’s what keeps your name relevant and shoppers coming back for more. Whether you’re looking to build a loyal customer base from scratch or are just looking for a few tips to strengthen your existing one, we share some insight from retail experts on how to build strong customer loyalty https://specialty-retailer.com/2024/09/23/how-to-build-a-strong-customer-loyalty-strategy/

Customer loyalty is an integral part of every retail brand. It’s what keeps your name relevant and shoppers coming back for more. Whether you’re looking to build a loyal customer base from scratch or are just looking for a few tips to strengthen your existing one, here is some insight from retai...

20/09/2024

Early Halloween shopping is on the rise, with 47% of survey participants beginning their shopping before October, according to the National Retail Federation’s annual survey. The figure is up from 37% five years ago and compares with just 32% in 2014 https://specialty-retailer.com/2024/09/20/half-of-halloween-shoppers-to-start-purchasing-before-october/

Early Halloween shopping is on the rise, with 47% of survey participants beginning their shopping before October, according to the National Retail Federation’s annual survey. Total Halloween spending is expected to reach $11.6 billion, after last year’s record-setting $12.2 billion. Early Hallow...

18/09/2024

Retail technology company TOTE just announced its official launch after rolling out its product last year, unveiling a platform that allows customers to select items on a brand’s website and have them waiting in a fitting room to try on in-store https://specialty-retailer.com/2024/09/16/tote-introduces-first-fitting-room-try-ons-retail-platform/

TOTE's platform allows customers to select items on a brand's website and have them waiting in a fitting room to try on in-store. Online-only retailers can also leverage the platform to book virtual styling sessions or to send shoppers to their stockists’ locations. TOTE's platform allows customer...

16/09/2024

AI is rapidly becoming a critical component of the drive toward as tightening global regulations have made it increasingly difficult to maintain compliance and efficiency without sophisticated digital systems https://specialty-retailer.com/2024/08/23/how-ai-is-driving-a-more-sustainable-future-for-supply-chains/

The retail sector continues to face mounting pressure to meet higher standards of social and environmental responsibility. Many organizations are turning to AI to drive a more sustainable future for their supply chain. The retail sector continues to face mounting pressure to meet higher standards of...

13/09/2024

Manufacturing overseas is becoming increasingly complicated. Between higher shipping costs, longer wait times and an increased risk of problems arising with the shipments, more companies are turning to manufacturing nearshoring. In this article, we go into the pros and cons of manufacturing closer to home https://specialty-retailer.com/2024/09/13/more-companies-are-manufacturing-nearshoring/

Manufacturing overseas is becoming increasingly complicated. Between higher shipping costs, longer wait times and an increased risk of problems arising with the shipments, more companies are turning to manufacturing nearshoring. Manufacturing overseas is becoming increasingly complicated. Between hi...

09/09/2024

With QR code payments in the U.S. projected to exceed $100 billion by 2024, the technology’s role in everyday transactions is growing rapidly. Here are 6 ways can boost their business with QR codes https://specialty-retailer.com/2024/09/06/6-key-ways-qr-codes-can-boost-your-small-business/

With QR code payments in the U.S. projected to exceed $100 billion by 2024, the technology's role in everyday transactions is growing rapidly. This article offers top tips for integrating QR codes into your business model to drive sales and improve efficiency. With QR code payments in the U.S. proje...

06/09/2024

In the face of economic downturns, inflation and uncertainty, entrepreneurs need to adopt strategies that ensure resilience and sustainable growth. In this article, we discuss a variety of tips for entrepreneurs to survive during economic downturns https://specialty-retailer.com/2024/08/30/thriving-in-economic-downturns-a-blueprint-for-entrepreneurs/

In the face of economic downturns, inflation and uncertainty, entrepreneurs need to adopt strategies that ensure resilience and sustainable growth. The key to navigating these turbulent periods is through strategies focused on diversifying revenue streams, leveraging relationship capital, investing....

04/09/2024

Today's technology has made online shopping for alcohol possible. And soon it may even be a requirement for brands if they want to stay relevant with today’s consumers https://specialty-retailer.com/2024/09/02/beverage-alcohol-selling-online-vs-in-person/

Technology has made online shopping for alcohol possible, and soon it may even be a requirement for brands if they want to stay relevant with today’s consumers. This article breaks down the pros of selling alcohol online vs. in person. Technology has made online shopping for alcohol possible, and ...

26/08/2024

Many retailers are turning to new technologies to enhance the customer experience, strengthen their market position and drive profit growth. RAIN RFID in particular, is playing a growing role in helping leading retailers meet this shifting demand and remain resilient in today’s cutthroat retail environment. https://specialty-retailer.com/2024/08/19/empowering-retail-resilience-through-rain-rfid/

More retailers are turning to new technologies to enhance the customer experience, strengthen their market position and drive profit growth. RAIN RFID in particular, is playing a growing role in helping leading retailers meet this shifting demand and remain resilient in today’s cutthroat retail en...

23/08/2024

To consistently deliver great customer experiences, specialty retailers should address inventory challenges that can lead to unnecessary stockouts. One of the biggest challenges in phantom inventory. This article dives deep into how to solve this issue with AI https://specialty-retailer.com/2024/08/21/how-to-solve-phantom-inventory-with-ai/

While many issues can contribute to out-of-stock situations, one cause is very common, very hard to spot and very damaging to any retailer’s business: phantom inventory. This article details the different ways in which AI can help with this issue. While many issues can contribute to out-of-stock s...

21/08/2024

Blending the worlds of alcohol and cannabis has been attempted before, but has never been successfully done due to federal and regulatory complications. Made with a unique blend of botanical terpenes, IV20 tastes and smells like cannabis, but is 100% vodka https://specialty-retailer.com/2024/08/16/iv20-brings-together-the-spirit-and-cannabis-communities/

Blending the worlds of alcohol and cannabis has been attempted before, but has never been successfully done due to federal and regulatory complications. IV20 made its successful debut by blending together different terpenes, resulting in the spirit tasting and smelling like cannabis, but it's 100% v...

19/08/2024

Payments and financial services technology provider Fiserv, Inc. has published the Fiserv Small Business Index™ for July 2024, which found that both small business sales and transactions grew compared to July 2023 https://specialty-retailer.com/2024/08/07/small-business-index-for-july-2024-sales-regain-momentum/

Payments and financial services technology provider Fiserv, Inc. has published the Fiserv Small Business Index™ for July 2024. Nationally, the seasonally adjusted index for July rose to 141. This jump in consumer spending followed a four-point decline in June. Payments and financial services tec...

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