Selfridges’ Post

ICYMI ... here are retail things we have been discussing this week on LinkedIn: 🏬 A store of Macy’s Chicago flagship provides both a glimpse into retail history and the future for Macy’s as a chain. Link: https://bit.ly/40iXwm2 👜 The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the market.  Link: https://bit.ly/3AemyrY 🏥 Drugstores have been losing market share of lucrative retail categories for years. It’s one of the reasons they are now failing. Link: https://bit.ly/3NEhGzk 🎄 Cost Plus does a great job of putting a wide selection of interesting things under one roof; and it comes into its own during the holidays. Link: https://bit.ly/4himgkB 👕 LL Bean versus Lands’ End: different companies with many things in common, but which one is best positioned for success? Link: https://bit.ly/3C19Ayt 🌳 Painted Tree Boutiques brings together independent vendors under one roof. The critical mass creates a destination for shoppers. Link: https://bit.ly/3NHpbWi 💀 Did you know that Skelly, the famous oversized Home Depot Halloween skeleton was only supposed to be on sale for a year or two?  Link: https://bit.ly/3YnbCQR 💊 CVS operates vending machines in airports and other locations, are these an in-store alternative to locking products up behind glass? Link: https://bit.ly/4fh6JzG 🚫 Nearly 800 zip codes that had at least one pharmacy in 2015 now have none. A lot of the closures are from independent pharmacies. Link: https://bit.ly/3A45dlF 💰 Selling to the 1 per cent has never been easy, so how to retailers in the space differentiate and provide the right service? Link: https://bit.ly/48lOvuG ⛽️ Amazon has announced that Prime members can now save $0.10 per gallon at approximately 7,000 gas stations across the US. Link: https://bit.ly/3YeekYU 👖 Abercrombie & Fitch has spent years trying to scrub the memory of longtime former CEO Mike Jeffries and the brand ethos he created. Link: https://bit.ly/3NGIm2w #retail #retailnews #economy #ICYMI #RetailICYMI 

🛍️ Walmart marketplace offers sellers a great chance to reach new customers and expand their businesses.📦 In this article, we will discuss the main reasons why choosing Walmart marketplace is beneficial for sellers. Additionally, we will provide a detailed guide on how to begin selling on Walmart.com. Check it out! ✨ https://buff.ly/3uE3110 #WalmartMarketplace #SellersParadise #LevelUpYourBusiness #NewCustomersAhead #BusinessBoost #OnlineShopping #DigitalMarketing

𝐜𝐥𝐢𝐞𝐧𝐭 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 𝐬𝐭𝐨𝐫𝐲 🎉 𝐜𝐥𝐢𝐞𝐧𝐭 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 𝐬𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭: 𝐡𝐨𝐰 𝐢 𝐡𝐞𝐥𝐩𝐞𝐝 𝐚 𝐬𝐞𝐥𝐥𝐞𝐫 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐭𝐡𝐞𝐢𝐫 𝐰𝐚𝐥𝐦𝐚𝐫𝐭 𝐬𝐚𝐥𝐞𝐬 𝐛𝐲 𝟐𝟎𝟎%. one of my clients came to me struggling to grow their walmart marketplace store. they were facing: >low traffic to their listings. >trouble keeping up with inventory updates. >high competition from other sellers. here’s what i did: ✔ optimized all their listings with better titles, descriptions, and keywords. ✔ introduced competitive pricing that balanced customer attraction with profitability. ✔ tracked performance weekly and adjusted strategies as needed. 𝐭𝐡𝐞 𝐫𝐞𝐬𝐮𝐥𝐭? within 3 months, their sales doubled, and they achieved their highest month ever on walmart marketplace! 📩 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐬𝐢𝐦𝐢𝐥𝐚𝐫 𝐫𝐞𝐬𝐮𝐥𝐭𝐬? reach out to me today, and let’s get started on growing your store. #walmartsuccess #ecommercestory #virtualassistantservices #smallbusinesshelp #ecommercegrowth #onlinemarketing

“J.C. Penney joins Kohl’s, Target, Best Buy, Walmart and Macy’s in hopping onto the midsummer sales bandwagon, likely an answer to Amazon’s annual Prime Day sales.” https://lnkd.in/gc597PUA We know what pressure retailers can experience due to Amazon. The Amazon Effect has left retailers searching for ways to improve their supply chains for faster shipping and a better customer experience. It’s putting pressure on retailers to optimize their inventory decisions– to avoid overstocking and out-of-stocks and make sure seasonal items are in the right place at the right time to avoid deep markdowns. (This is what Dropit does for retailers.) Learn more at https://www.dropit.shop/ #retailindustry #amazoneffect #supplychain #dropit

Today, I went shopping at the McArthurGlen Group (Ashford Outlet) and passed several stores displaying discount boards. However, one shop caught my eye with a sign that said "20% off today only." This created a sense of urgency and FOMO. We can replicate this on Amazon by using methods such as: 1. Flash sales 2. Deal of the day 3. Prime exclusive discounts 4. Limited stock (difficult to do on Amazon) What other methods have you found effective to create FOMO? #MarketingStrategy #EcommerceTips #AmazonSales #CustomerEngagement #SalesBoost #FOMO #UrgencyMarketing #OnlineShopping #DigitalMarketing #SalesTechniques

In less than two weeks both Target and Walmart reported strong sales, attributing it to price cuts and rollbacks. Starbucks CEO got fired with complaints of high prices. Target and Walmart spoke of cutting prices. The former Starbucks CEO talked of delivering value. Speak directly to customers and prove it through your actions. They care about the price the pay, especially at this moment. Value means nothing. It's arbitrary. But the $2.99 price for a gallon of milk is not. Grocers, especially regional grocers, who compete against Walmart and Target need to understand their customers and the competition, so they can find areas to cut prices or keep them low through promotions, TPR's, or every day low prices. There are many strategies to do it. But it starts with understanding your competitors, your customers, and being able to effectively execute. To show that you are delivering lower prices for where your customers care. People remember the price the pay! https://lnkd.in/gFJi_kid

If you're serious about succeeding on #WalmartMarketplace, there's no other repricer out there that is going to be able to compete with us on speed, accuracy, and strategy. Here’s what #WalmartSellers love about us: ⚡Beats other Walmart repricers by an average 4 hours ⚡️Other repricers have the wrong Buy Box info 40% of the time ️⚡Strategies and algos built specifically to work on Walmart ️⚡Calculates WFS fees and Walmart referral fees for you ️⚡We never take a percentage of sales ️⚡Full-service onboarding and setup Learn more here: https://bit.ly/46ZWmwL

Costco Stops Selling Books Year-round: The End of an Era 📚💔 Costco will stop selling books year-round in most U.S. stores starting January, though about 100 of its 600-plus locations will keep a dedicated book section, according to reports. 🛒 For years, Costco’s shelves weren’t just about bulk savings—they were a place where stories found their way into homes. This bittersweet move reflects the shrinking space for physical books 📖 in mainstream retail as consumer habits shift toward digital and online platforms. For book lovers, it’s not just about convenience—it’s about losing the magic of finding your next favorite read where you least expect it. 💔

ICYMI ... here are retail things we have been discussing this week on LinkedIn: 🥦 Amazon struggles with grocery. Will its latest format – an Amazon Grocery store attached to a Whole Foods help? Link: https://bit.ly/4fuMC0V 🇲🇽 Colores Mexicanos, a fun and engaging Mexican gift shop in Chicago, shows what good retailing should look like. Link: https://bit.ly/3NUWm8Q 👗 After ten years at the helm, Barbara Rentler – the CEO of Ross, will step down on February 2, 2025. Her tenure has been a success. Link: https://bit.ly/3NNQA9h 💰 Abercrombie & Fitch is now not far off achieving its goal of $5 billion in annual sales. What does future growth look like? Link: https://bit.ly/4hzDg67 📦 It was another good quarter for Amazon, which is still pulling in more customers, especially in essentials categories. Link: https://bit.ly/3NO8l8i 🎅🏼 M&S features in Target’s holiday ad. This is the third year of the Target and M&S partnership – and this year it includes non-food. Link: https://bit.ly/3NQnuWJ 🫙 Last week Tupperware agreed to a sale of the business to a group of its lenders. The deal comes after Tupperware filed for Chapter 11. Link: https://bit.ly/3YzBSHE 🏥 Walgreens is not adding value, and it is not providing value for money. No wonder it’s losing customers and sales. Link: https://bit.ly/48w56fg 🏬 Coach Play is an interesting store format that is more relaxed and less generic than the brand’s traditional stores. Link: https://bit.ly/4hyv9GI 🛋️ Bed Bath & Beyond is returning to physical retail, albeit in a partial fashion. The brand needs to rebuild awareness. Link: https://bit.ly/4f3LW2O 💄 Estée Lauder has appointed Stéphane de la Faverie as its new CEO and President. His appointment comes at a critical time for the beauty group. Link: https://bit.ly/48zWR1C 👜 The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the market.  Link: https://bit.ly/3YPadUA 🍫 Wonder why your Halloween chocolate is costing more this year? Look no further than cacao bean prices, which have risen dramatically. Link: https://bit.ly/3YM3FpU #retail #retailnews #economy #ICYMI #RetailICYMI 

Ever wondered what makes a brand like Costco tick? It's not just the bulk discounts or the $1.50 hot dogs—it's the power of membership. But recently, Costco's decision to crack down on membership moochers has sent a clear message: value is earned, not borrowed. In an era where customer loyalty can be as fleeting as a flash sale, Costco is doubling down on what it means to be a member. They’re saying, “If you want in on our exclusive deals, you’ve got to play by the rules.” And honestly, it’s a strategy that’s paying off. But what does this tell us about consumer behavior, and how can other brands learn from it? Dive into our latest blog where we break down the business behind Costco’s bold move and what it means for the future of retail. #CustomerLoyalty #RetailStrategy #MarketResearch