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17 Aug, 2017

Retailers Must Pay Attention To Holidays To Stay Ahead

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There is one theme in retail that stays consistent over time: consumers love to shop. Luckily for retailers, there are persistent patterns in the calendar year that gives a hint as to when sales spike and stores receive an increase in traffic. Because these patterns are so prevalent, it...

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17 Aug, 2017

Which Online Retail Publication Do We Turn To?

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Thursday is here, which means Friday is right around the corner! But, before we get too excited, it’s time to review a publication that helps make our posts on Digital Diary so great. Here at The Millennium Alliance, we love talking about the retail industry, especially the increasing competition...

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14 Aug, 2017

What Drives Brand Loyalty Between Customers and Stores?

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I’ll give you a hint: brand loyalty involves digital transformation. In a recent study done by Salmon, participants reported that innovative tools create the most brand loyalty among brands and customers. In order to achieve brand loyalty, retailers must adapt strategies to become “Omni-channeled” in order to meet their...

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08 Aug, 2017

You “Shop ‘Til You Drop” But, Why? Retailers: Pay Attention

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The rise of online shopping has changed customer’s buying patterns, threatening brick and mortar stores. Customers have been turning to the internet to make purchases more frequently than ever. “In 2014, shoppers in the U.S. spent over $320 billion on clothing, shoes, and accessories. By 2021, it’s estimated more than $96...

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01 Aug, 2017

The New Supply Chain is Digital

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The on-demand customer is changing every aspect of the retail sector. One important factor, the supply chain, is crucial for the success of customer engagement in the industry. “A supply chain is a network between a company and its suppliers to produce and distribute a specific product, and the...

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27 Jul, 2017

Retailers Push Back to School Shopping to Stay Ahead

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Back to school shopping campaigns are in full swing as brick and mortar stores attempt to attract customers. The back to school shopping season is one of the most important seasons for retailers. “Back-to-school (B2S) shopping season accounts for about 50% of annual school-related spend and touches about one-quarter...

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19 Jul, 2017

Are E-commerce Stores Going Back to Old School Platforms?

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E-commerce businesses like Amazon are looking toward more traditional platforms such as brick and mortar stores to target their customers. This was first implemented when Amazon acquired retail giant Whole Foods, as well as opening book stores across the country. It draws the question, are brick and mortar stores...

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17 Jul, 2017

Wal-Mart Pushes Back Against the Amazon Takeover

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“Amazon intends to take over the world, and they’re doing a pretty darn good job of it.” – Retail Consultant Jan Kniffen of J. Rogers Kniffen Remember when Amazon.com was simply an online book retailer? Well now, having recently infiltrated the grocery market with its acquisition of WholeFoods, Amazon is...

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13 Jul, 2017

Is Dropshipping Right for Your Business?

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Dropshipping is a business model that allows retailers to act as a middleman while selling a product. Instead of actually handling the inventory that is sold, the retailer instead passes orders onto a dropshipping company for them to complete the task of picking, packing and fulfilling the order. Essentially, this...

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