How CB4 Lifts the Burden on Retail IT Teams
Often, it seems like the only path toward retail innovation is one that weighs heavily on your IT team. The technologies promising to transform operations and lift revenue most meaningfully seem to come with the most serious strings attached. CB4, however, upends this unofficial rule. Our retail solution takes store performance to the next level […]
5 Partnerships That Could Transform Your Local Walgreens
No doubt that Walgreens Boots Alliance—which owns the U.S.-based Walgreens and the UK-based Boots pharmacies—has seen recent challenges. Stefano Pessina, Walgreens’ executive vice chairman, CEO and largest individual shareholder, said Q2 was “the most difficult quarter we have had since the formation of Walgreens Boots Alliance.” He identified “market challenges and macro trends” as the […]
5 Ways to Attract Retail’s Conscious Consumer
Voters have to wait years to register their opinions at the ballot box, but consumers can vote with their wallets every day. And as ‘Buycotting’ campaigns—from #DeleteUber to the war on plastic straws—become increasingly effective means of activism, more and more consumers are putting their money where there values are. This rise in so-called conscious […]
Five Below: What’s Behind this Discount Retailer’s Success?
Despite the name, things are really heating up for Philadelphia-headquartered discount retailer Five Below. Wordplay aside, the numbers speak for themselves. In 2018 alone, Five Below opened 125 new stores, and had opened an additional 35 in the first quarter of 2019, with plans for 145-150 more before the year is over. Adding to its […]
3 Types of Data You Need for Killer Clienteling in Fashion Retail
Clienteling was once a practice used exclusively by luxury retailers. Savvy in-store style advisers would keep a book of their most reliable, spend-happy clients, and establish long-lasting connections with them to maintain loyalty. But in today’s competitive retail landscape, all shoppers expect to be fawned over. Shoppers patronizing upmarket apparel brands (think: Theory, Rag & […]
The 7 Most Common Obstacles to Brick-and-Mortar Execution
Even the most customer-obsessed brick-and-mortar stores suffer from execution problems that obstruct sales and damage the shopping experience. As your retail chain expands its footprint and as you add more SKUs to your assortment, it becomes harder to understand how pervasive these issues are and how much they cost you. We’ve worked with retailers that […]
9 Questions to Ask Before Paying for New Retail Technology
At NRF 2019 Retail’s Big Show, over 900 vendors vied for the attention of the retailers in attendance. Retail executives’ inboxes are filled with sales pitches from technology vendors promising to transform their business. But not all retail technology is worth its weight in gold. In fact, bad retail technology, or simply retail technology that […]
High Impact, Low Ask: How CB4 Creates IT Department Heroes
CB4 is a tool for retail store teams, but it requires the buy-in of their counterparts in IT. In our experience working with retailers, we’ve found that operations leaders are reluctant to go to IT with a big ask, knowing that the team is drowning in work and delivery is slow. In order for ops […]
5 Tech Innovations Responsible for H&M’s Turnaround
A little less than a year ago, H&M was grappling with a number of issues that diminished the retail experience and their bottom line. Not only was it suffering from a sales slump, but the company had a stockpile of unsold inventory worth $4 billion, struggled with style misses and snafus, and was falling behind […]
3 Grocers Using Tech to Combat Food Waste and Drive Profits
The first thing most consumers see when they walk into a supermarket is the produce department. It’s specifically designed to evoke bounty, with gleaming, freshly misted piles of farm-fresh fruits and vegetables in every colour imaginable. But the problem with bounty is that it can lead to waste. In fact, the USDA estimates that in-store […]
