In the movie Good Will Hunting, Matt Damon, who plays a handsome MIT janitor moonlighting as a math savant (can one say, “Hollywood career vehicle”?), woos a young lady (played by the actress Minnie Driver) by outmaneuvering a few competing, obnoxious cads. When Damon’s character gets the girl's telephone number, he proudly shows it to the other guys and boasts, with his South Boston access, “How 'bout ‘dem apples?” I imagine Tim Cook imitating this...
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Brands and retailers used to be friends. Now they're: 'frenemies.' Brands continue to use the power of e-commerce websites and social media to work around retailers, as evidenced in this news that Nike is no longer selling to Macy's.
It's just 3 days till Black Friday. And on Monday, we have Cyber Monday. Online sales will reach $189 billion this holiday season--a 33% increase over last year. Is your website ready?
I've created these 7 steps to help you get ready:
1. Place products on sale
Be prepared to cut prices more than normal.
Clearly list end dates for sales to create urgency.
Macy's said it has partnered with DoorDash for same-day delivery through nearly 500 Macy’s stores nationwide, with no minimum order required, according to an emailed press release.
Macy's and payments company Klarna on Tuesday announced a five-year partnership that will allow Macy's customers to pay in four interest-free installments.
Many of us will be with our family and friends this Thursday. I'll take a moment then to give thanks to all the indie retailers that enrich our communities. I'll thank the indie designers that fill our stores and homes with beautiful products.
When I'm in my friend's kitchen, someone may say they need a new spatula from Amazon, or after dinner ask Alexa to turn on Amazon TV. When they do, I'll consider those actions in light of the holiday. I'll share why this is important to consider.
Macy's sales were down in the third quarter, its stock is down 55% this year, and it was hacked.
Bridge fights hackers daily, so we know how hard this battle can be. Yet, Macy's seems to be experiencing many issues--some of which are self-inflicted, which leads us to ask: Does Macy's need new leadership?
We post a good deal about Walmart and Amazon. What’s to be made of retailers like Macy’s, Nordstrom, and Neiman’s? It appears they’re just struggling to stay alive, shares today’s WSJ. Macy’s net sales fell 2.5% and it’s even considering new uses for its flagship Herald Square location. One may ask: is a sale of the flagship in the works like what Lord & Taylor did? Macy's could sell the location and lease it back.
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May 1, 2017
May 1, 2017
Did you miss this column in Tableware Today, DOES YOUR BRIDAL REGISTRY WORK?
You can read the entire column here:
SOME PEOPLE READ COOKBOOKS OR mystery novels. I read bridal registries. In my consulting gig for Bridge Catalog, an e-commerce platform for the tabletop industry, my role is to train subscribing retailers on how to utilize the platform for better sales. Since wedding registries are the cornerstone of online sales for many independent retailers, I thought I should know what brides are ...
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Recently, two business friends told me to check out Shopify. They said they were using it to manage online stores. Since my company Bridge offers e-commerce software to 200+ retailers, I was curious to see how Shopify compared.
I signed up for an account as if I were a retailer.
I thought the sign up process was pretty easy. They didn't even ask me for a password. They automatically gave me one that I could change later.
August 11, 2016 ~ Macy's soars after topping Wall Street estimates, outlining plans to close 100 stores. Various news sources report that Macy's will invest more in online. Read the highlights and other plans here:
Do big box stores demand better terms than indy stores from indy manufacturers? Yes, and that is why we salute Etsy for asking big box stores to sign a pledge to be less demanding and help indy manufacturers. Please find the article from HFN here:
We're happy that Tableware Today asked Bridge founder Jason Solarek to share his thoughts about e-commerce. In this month's Last Word column, you can read about e-commerce trends that independent, Main Street stores are facing. Jason also shares some potential solutions.
Full article:
THE BRIDGE TO MAIN STREET
A Connecticut retailer recently told me that it lost a bride's registry worth $10,000. The bride reviewed the store's outdated website and online product offering and wasn't ...
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