GlossaryStrategy
What is Average Order Value (AOV)?
Average Order Value (AOV) is a metric that helps retailers understand their customers’ purchasing behaviours. An average order value tracks the average dollar amount spent every…
Archive
Category: Strategy
Explore insights and strategies in the Retail Strategy category, focusing on e-commerce advancements, brick-and-mortar transformation, omni-channel integration, consumer behavior analysis, and sustainability initiatives.
LuxuryMerchandising
Becoming a Luxury Retail Buyer: Everything You Need To Know
If you have a passion for fashion and want to work in the luxury retail industry, becoming a luxury retail buyer might be the perfect career…
Real EstateRetail
The Ultimate Guide To Retail Space Leasing
Leasing retail space is a complex process that involves more than just finding the right location. It also requires an understanding of the different types of…
Real EstateRetail
9 Steps to Leasing Retail Space
Direct-to-consumer (DTC) brands have experienced significant growth in recent years, thanks to their innovative marketing strategies and strong online presence. However, as these brands mature, many…
MarketingMerchandising
How To Sell More In Your Retail Store
In today’s competitive retail landscape, it is essential for store owners to continually find ways to increase sales and improve customer satisfaction. This article will explore…
Real EstateStrategy
What is Retail Real Estate?
Retail real estate is a vital segment of the commercial property market that focuses on properties used for selling consumer goods and services. This sector has…
MerchandisingStrategy
Self-Checkout Clears Sales Floor Space
The retail industry has been witnessing a significant shift towards self-checkout systems, as stores like Kohl’s consolidate their checkout areas to create a more efficient and…
EventsRetail
Porte Conference Set to Captivate DTC Retailers & Consumers
New York, NY – Porte, a one-of-a-kind conference that brings together 300+ brands, buyers, thought leaders, and retailers to forge new relationships and discuss the latest…
FAQRetail
Do Luxury Brands Risk Their Reputation by Collaborating with Fast Fashion Retailers?
Luxury fashion brands have long been known for their exclusivity, high-quality materials, and meticulous craftsmanship. However, in recent years, some of these prestigious brands have entered…
EcommerceStrategy
Online Prices Continue to Drop for 8th Consecutive Month, Say Report
According to a recent Adobe Digital Price Index report by Adobe Analytics revealed that online prices dipped by 1.7% in March compared to the previous year.…