Brick and mortar

Kibo Study: Younger Generations Show Increased Shift to Long-Term Online Shopping

Retrieved on: 
Monday, December 14, 2020
Technology, Other Technology, Communications, Software, Fashion, Social media, Data management, Supply chain management, Retail, Online Retail, Marketing, Articles, Demographics, Merchandising, Business, Millennials, Online shopping, Shopping, Brick and mortar, Generation Z, Retail

The study finds that younger adult generations have shifted their preference even more toward online shopping, and uncovers important elements of influence on their shopping habits.

Key Points: 
  • The study finds that younger adult generations have shifted their preference even more toward online shopping, and uncovers important elements of influence on their shopping habits.
  • The two generations surveyed also share a preference for shopping online over physical stores, with 28% of Gen Z and 24% of Millennials noting they will likely shop online more than before.
  • With such a major shift in shopping preference and behavior, retailers must update their operations to support more online activity.
  • Younger adult generations were already online shopping fans before the Covid-19 pandemic, and this research shows that theyve moved even further toward digital channels.

CAIA Association Marks Successful Introduction of Online Proctoring to Its Exam Approach; Welcomes Largest New Class of Charterholders in Its History

Retrieved on: 
Wednesday, December 9, 2020
Other Professional Services, Finance, Other Education, Banking, Continuing, Accounting, Professional services, Education, Marketing, Business, Education in England, English law, Proctor, Caia, Rivers, Brick and mortar, Chartered Alternative Investment Analyst

In addition to rolling out online proctoring, CAIA has also continued to build its network of brick and mortar testing centers around the world.

Key Points: 
  • In addition to rolling out online proctoring, CAIA has also continued to build its network of brick and mortar testing centers around the world.
  • Introducing online proctoring while continuing to add to our network of physical testing centers is all part of building a forward-looking, future-proofed organization.
  • A Member-driven organization representing professionals in more than 95 countries, CAIA Association advocates for the highest ethical standards.
  • To learn more about the CAIA Association and how to become part of the organizations mission, please visit https://caia.org/ .

ADM Endeavors, Inc. (ADMQ) in Strategic Alliance with U.S. Standard Hemp Inc.; Brings CBD to the $25 Billion Promotional Products Market

Retrieved on: 
Tuesday, December 1, 2020
Marketing, Business, Articles, Marketing strategy, Merchandising, Retail, Brick and mortar, The Co-operative Group, Telecommuting

To meet its customer needs, Just Right Products has implemented state of the art in house production that is supplemented with factory direct international sourcing.

Key Points: 
  • To meet its customer needs, Just Right Products has implemented state of the art in house production that is supplemented with factory direct international sourcing.
  • Just Right Products has maximized its work area by offering on site traditional brick and mortar retail within its manufacturing facility.
  • This allows the most efficient use of labor with all employees cross trained for retail and production work.
  • ADM Endeavors has employees fluent in Chinese, Spanish and Arabic thereby affording significant opportunities to interact directly with multiple product sources internationally.

BrdsNst.com Opens Sunrise Period for Username Registrations

Retrieved on: 
Thursday, November 26, 2020
Marketing, Business, Palo Alto, California, Silicon Valley, Brick and mortar, Geography of California

PALO ALTO, Calif., Nov. 26, 2020 /PRNewswire/ -- BrdsNst.com, a first of its kind event based social media platform being promoted by ClarityPark LLC, is opening a sunrise period for the public to reserve usernames.

Key Points: 
  • PALO ALTO, Calif., Nov. 26, 2020 /PRNewswire/ -- BrdsNst.com, a first of its kind event based social media platform being promoted by ClarityPark LLC, is opening a sunrise period for the public to reserve usernames.
  • BrdsNst.com will allow individuals to share notification of their live events across various platforms in one offering.
  • "In order to limit hoarding, we have a system where we will be issuing promo codes to top influencers to allow them to register early.
  • BrdsNst.com will also accommodate brick and mortar events by supporting traditional retailers and small businesses.

New Study Finds That More Than Half of Consumers Will Shop Less, or Not at All, In Physical Stores This Holiday Season Primarily Due to COVID-19 Concerns

Retrieved on: 
Monday, November 23, 2020
Marketing, Merchandising, Business, Marketing strategy, Retail, Online shopping, Brick and mortar

36 percent will shop less in physical stores than in 2019;

Key Points: 
  • 36 percent will shop less in physical stores than in 2019;
    Another 23 percent will shop exclusively online;
    68 percent said COVID-19 was a factor in deciding how to shop.
  • But there is a large proportion of consumers who are wary of shopping in stores right now.
  • As this study reveals, retailers that are able to provide checkout-free experiences and other touchless technologies are going to be better equipped to draw customers into stores going forward.
  • The first and best-funded startup in this space, Standard has launched multiple operational stores with customers, and is working with retailers around the world.

Verizon Business Retail Trends Report finds online shopping traffic up 82%

Retrieved on: 
Wednesday, November 18, 2020
Marketing, Merchandising, Business, Articles, Consumer behaviour, Shopping, Retail, Online shopping, Brick and mortar, Christmas and holiday season, Verizon Communications, Verizon Business

Verizons data finds holiday shopping surging early this year and confirms how COVID-19 restrictions and concerns could be linked to an increase in online shopping this holiday season.

Key Points: 
  • Verizons data finds holiday shopping surging early this year and confirms how COVID-19 restrictions and concerns could be linked to an increase in online shopping this holiday season.
  • According to the Verizon Business Retail Trends Report, online retailers are booming.
  • Separately, according to Verizons latest network data report, mobility traffic to and around the U.S.s largest malls has decreased dramatically from last year.
  • Our report confirms what we expected to be true, significant shifts continue from in-person, brick and mortar shopping to online shopping, said Michele Dupre, VP of Sales Vertical Markets, Retail and Hospitality for Verizon Business.

The Spruce Launches Home Organization Product Line with Lowe's

Retrieved on: 
Tuesday, November 17, 2020
Marketing, Business, Retailing, Dotdash, IAC, Spruce, Brick and mortar, Lowe's

NEW YORK, Nov. 17, 2020 /PRNewswire/ -- Today The Spruce ( www.thespruce.com ), a Dotdash brand, announced the launch of its new organization product line, The Spruce Organization Collection.

Key Points: 
  • NEW YORK, Nov. 17, 2020 /PRNewswire/ -- Today The Spruce ( www.thespruce.com ), a Dotdash brand, announced the launch of its new organization product line, The Spruce Organization Collection.
  • The Spruce Organization Collection is the third product line from The Spruce, one of the largest home and lifestyle websites with over 44 million monthly visitors.
  • The Spruce Organization Collection are the first products from the site available in brick and mortar stores.
  • The Spruce organization collection is available for purchase on Lowes.com and in Lowe's stores nationwide.

2 in 3 Concerned About Data Breaches During the Holiday Shopping Season This Year

Retrieved on: 
Tuesday, November 17, 2020
Marketing, Articles, Merchandising, Business, Security breaches, Consumer behaviour, Online shopping, Marketing strategy, Identity theft, Brick and mortar, Shopping, Data breach

The survey examines consumer sentiment on retail data breaches and the identity theft risks holiday shopping poses.

Key Points: 
  • The survey examines consumer sentiment on retail data breaches and the identity theft risks holiday shopping poses.
  • Key findings from the annual surveys are listed below:
    Among those who avoided it entirely, comfort with online shopping has grown substantially this year.
  • Online shopping dominates this year, but nearly half plan to shop in brick-and-mortar stores.
  • While consumers growing apathy around breaches continued, our survey also showed that more of them understand the need for identity protection.

Engine Insights Survey Finds 85% Of Consumers Will Shop In Physical Stores For Holiday Gifts

Retrieved on: 
Wednesday, November 11, 2020
Marketing, Business, Articles, Merchandising, Consumer behaviour, Online shopping, Retail, Analytics, Brick and mortar

NEW YORK, Nov.11, 2020 /PRNewswire/ --Arecent surveyconductedbyENGINE Insights, the research and analytics divisionof ENGINE,reports that 85%of consumers plan to shop in physical stores for their holiday gifts.

Key Points: 
  • NEW YORK, Nov.11, 2020 /PRNewswire/ --Arecent surveyconductedbyENGINE Insights, the research and analytics divisionof ENGINE,reports that 85%of consumers plan to shop in physical stores for their holiday gifts.
  • An ENGINE Insights survey reports that 85% of consumers plan to shop in physical stores for their holiday gifts.
  • Amazon is still a popular destination among holiday shoppers.75% of consumerswill shop for their gifts with the online retailer.
  • ENGINE Insights is the research and analytics division of ENGINE, a global, full-service media and marketing services company.

IAB's 2021 Brand Disruption Report Reveals COVID-19 Acceleration of Key Trends

Retrieved on: 
Monday, November 9, 2020
Marketing, Retailing, Business, Merchandising, Non-store retailing, Consumer behaviour, Marketing strategy, E-commerce, Supply chain management, Brick and mortar, Online shopping, Retail

That is just one of the critical trends identified in the 2021 Brand Disruption Report released by IAB today.

Key Points: 
  • That is just one of the critical trends identified in the 2021 Brand Disruption Report released by IAB today.
  • Most categories of consumer goods and services are now "majority digital," with more consumers shopping by e-commerce than shopping solely at brick-and-mortar stores.
  • E-commerce is now 23-25% of all retail commerce in U.S. more than 7x what it was in 1995.
  • Brick-and-mortar store closures in the U.S. are likely to top 25,000 this year, nearly 3x last year's record number of closings.