Black Friday The Relevance Of Being Irrelevant

             Big Bang or Little Poof? If you’re tired of Turkey and not interested in being mauled at the mall, Ignite Social Media posted my Turkey Day musings, click here, concerning the irrelevance of Black Friday earlier today. Might be worth a read. We’ll know Monday … whether my ponderings … Continue reading

Chasing the Customer … Not the Competition _ Update 6.1

Jim Cramer just released  ‘How Macy’s is clobbering the competition’ http://money.msn.com/top-stocks/post–how-macys-is-clobbering-the-competition Cramer wonders whether Macy’s had more days between Thanksgiving and Christmas than other retailers did. Cramer gives a pretty good overview on why customer focus and Omnichannel technology is both a good strategy and investment. Thanks to my good friend Jack Hall for sending this … Continue reading

Chasing the Customer … Not the Competition … Update 6

It was not a cash register ringing holiday season for retailers most had predicted. What will be important is to see how retailers like Nordstrom and Macy’s performed against their peers based on their significant Omnichannel investments. Overall, U.S. retailers posted their lowest holiday season sales gain in the last four years, according to ShopperTrak … Continue reading

Chasing the Customer … Not the Competition _ Update 3

Were retail openings on Thanksgiving day a good idea or simply a shift in cadence – the days and times customers actually hit the stores? Are the lackluster numbers simply customer economic malaise  – better luck next year? But  is there also a fundamental shift going on as to how customers buy the products they … Continue reading

Chasing the Customer … Not the Competition _ Update 2

On going update of retail and e commerce stats from Thanksgiving to Cyber Monday. Shopper traffic to physical retail stores fell 11.4% and retail sales decreased by 13.2% on Black Friday 2013, compared to Black Friday 2012. ShopperTrak Black Friday 2013 spending increased 2.9% compared to Black Friday 2012. MasterCard Spending Pulse http://wp.me/p3lbtW-l  What’s the … Continue reading

Chasing The Customer … Not The Competition _ Update

Overall Retail Sales Results for November 2013 Johnson Redbook Sales Index reports that sales of the largest U.S. retail chains decreased 0.2% in November 2013, compared to October 2013. All day tomorrow, I will be updating November stats including Thanksgiving Day, Black Friday, Cyber Monday. http://wp.me/p3lbtW-l If you haven’t read Chasing The Customer … Not … Continue reading