It’s an Amazon world, we’re just living in it

If you know anything about the retail industry you’ve probably heard a thing or two (or a million) about Amazon. Amazon, an ecommerce giant, provides thousands, if not millions of items to consumers from all over the world delivered to your door step within days. Retailers, physical and digital, find themselves competing with Amazon constantly. It’s hard to beat impeccably cheap prices, two-day free shipping and same-day delivery in some cities for Prime members. But now there’s something else to compete with. Amazon announced that it would be launching Prime Day, an event to celebrate their 20th anniversary. Amazon boasts that it will have deals that are much bigger than those on black Friday. Of course the purpose of this is to drive sales, but how can other retailers beat such a heavy promise?

Walmart, for one, is taking a big stab at competing with Amazon. Walmart’s CEO Fernando Medeira posted a blog titled “Why Every Day is Low Price Day at Walmart,” in which he announced they would reduce the minimum free shipping for online purchases from $50 to $35 and reduce prices on thousands of online items. “We’ve heard some retailers are charging $100 to get access to a sale,” Medeira stated in the post. “But the idea of asking consumers to pay extra in order to save money just doesn’t add up for us.” A point well made by Walmart, which was clearly taking a punch at Amazon’s Prime Day event. A few days later Walmart increased the competition a bit more with their new promotion called “Dare to Compare,” in which they guarantee that they will offer lower prices than Amazon and invite consumers to compare the prices themselves.

Though two of the biggest retailers in the world are going head to head in competing for market share based on low prices, they are not the only ones. Food Lion has also jumped on the price lowering bandwagon. They announced they would be lowering prices on thousands of items that are most important to consumers based on extensive research and frequently purchased items. To ensure that consumers are aware of the price cuts, Food Lion is using three signed deal offers including, “WOW: Lower prices on thousands of items that matter most to customers, offered for longer periods of time,” which also alludes to Amazon’s brief one-day event.

As the highly anticipated Prime Day is in full swing, many consumers are anything but impressed. Many consumers went to social media to criticize the event for its unexciting items and for the fact that there are waitlists for those items. Though Prime Day isn’t what people expected, the event still sparked a lot of competition from other retailers and interest from the media and consumers alike. The fact that other retailers created promotions in response to Prime Day deals shows just how significant Amazon’s influence is in the retail industry.

 

The Most Buzzworthy PR Successes June 2015

Public relations is such a diverse and expansive field and there is a constant stream of notable PR successes to praise. With the impactful changes that have been made across all kinds of industries this past month, there are most definitely a few PR successes to celebrate.

A big win for Apple and Taylor Swift

There is no doubt Taylor Swift is aware of her influence and is no stranger to speaking her mind. A few weeks ago, Swift released a letter to her fans, peers in the music industry and to Apple voicing her opinion on their new free streaming trial. Swift explained that Apple hadn’t planned on paying artists during this free three-month trial. Swift explained that fortunately this was not a big deal for her, but it was a huge deal for upcoming and new artists who have recently released music and depend on income and recognition to continue pursuing their music. After Swift’s argument went viral, Apple changed their terms to pay the artists during the trial. Some speculate that it was Apple’s plan all along to have someone high profile to speak out against these terms to draw attention to their new service. True or not, both artists and fans are praising Swift; plus, everyone now knows about Apple’s free trial. Read more here.

Etsy, Amazon, Walmart and other retailers remove the Confederate flag

In light of recent events fueled by racism, controversy around the prevalence and meaning of the Confederate flag has heightened. The church shooting in Charleston that left nine dead was strongly associated with the Confederate flag. Many people were disturbed by the fact that the Confederate flag, which has historical significance involving racism and violence, still flies over the South Carolina State Capitol. Despite differing opinions, the flag is causing uproar. In fact, the South Carolina legislature is deciding today whether or not to keep the flag at the Capitol. The flag’s removal has passed through the Senate, and is now in the House. Many retailers have taken an initiative to remove items with the Confederate flag from their stores. Regardless of your opinion on the Confederate flag, it is a tactful move by many retailers, as it prevents the potential for future controversy. Read more here.

Obama’s approval rating is above 50%

Also, if you happen to have internet, watch TV, or interact with other humans you are probably aware of a few successes in the last couple of weeks for the Obama Administration. One being that The Supreme Court upheld the Affordable Healthcare Act. The second: The Supreme Court ruling that the constitution guarantees gay marriage, making it the law of the land. Whether or not you support these rulings, they have led to a boost to 50% approval rating of the Obama Administration for the first time since the very beginning of his presidency. Read more here.

Brands show their support for marriage equality

The Supreme Court ruled in favor of marriage equality, and many brands have used this historic event as an opportunity to show their support of the decision. A number of brands used Twitter and Instagram, but one company in particular went above and beyond to celebrate. Ben & Jerry’s, who has publicly supported gay rights for quite some time, renamed their chocolate chip cookie dough flavor to “I Dough, I Dough.” The flavor is available all summer at participating stores nationwide and online through the Human Rights Campaign. Regardless of the different views on marriage equality, brands have used this ruling as an opportunity to connect with current and potential consumers in a heart-felt way. Read more here.

It’s safe to say that June was a memorable month that kept the PR world busy. Stay tuned to find out what July has in store for PR professionals.

Athleisure: The New Casual Wear

When I came to college, my day-to-day fashion style definitely changed. I went from dressing ‘cute’ with cute tops, shoes and accessories to a more ‘simple’ style. In the summer (which stretches from March-October in Austin), I wear athletic shorts and an over-sized t-shirt leaving my body shape to the imagination, with some sort of non-fashionable sandals or tennis shoes. I’ll throw in the basic knit-top on occasion. In the short winter months, I jump into leggings, a long-sleeved, oversized t-shirt or sweatshirt; with a fleece jacket and tennis shoes, or maybe leather boots if I’m feeling extra-fancy.

You might assume I do this because I’m a college student who is probably not getting enough sleep and rolls out of bed five minutes before class, or because I work out a lot—both of which are true and sometimes the case.  But fashion choices across age groups and demographics are beginning to fit these descriptions more often than not, because that’s just simply how everyone dresses.

Just like any other fashion trend, you have to have the brand names are a must.

I know what you’re thinking, we’re all slobs and Austin is too casual. But there’s more to it than just that. Just like most fashion trend, brand names are basically imperative. Typically athletic shorts range from Nike, Lululemon Athletica and Under Armour. Those oversized t-shirts also have a well-known brand, believe it or not. Comfort Colors brand t-shirts offer a cozy touch and come in a broad range of colors that student organizations love to use. The unfashionable sandals are also household names: Birkenstocks have made a recent come back (because well, they’re so comfy), Rainbows are favorites and the most popular athletic show by far is Nike. Personally, I own a few pairs: one for actually working out, one for walking to class and one extra pair that I keep spick and span for weekend brunch outings. Leggings have to be Lululemon (they’re outrageously expensive), but once you try a pair, your life is changed. So, if you consider all of the thought that actually goes into our comfy clothes, it’s actually a fashion statement, rather than an anti-fashion statement. If you have the right look, you’re actually considered on- trend.

Originally I thought this was just a college student trend, but then I noticed how almost everyone was hopping on the comfort clothing bandwagon. I started reading articles analyzing athleisure, and came to the conclusion that it is actually a phenomenon.

Athleisure has actually boosted the economy,

According to an article in Forbes, retailers are realizing they can make a killing by selling activewear at elevated prices. This comes with no surprise because it’s no longer a college student fad; it’s a widespread fashion trend. In fact, research has shown that the increase in retail sales was “driven primarily by growth in sales of activewear, athletic performance footwear and bags.” Studies also show an overall increase in spending on clothing and footwear are driven by performance attire. In the article, Shannon Wilson, co-founder and creative director of Kit & Ace and former head designer for Lulumeon, said this “trend in activewear is just another indicator that people expecting more functionality and ease of wear from everyday attire. People want clothes that feel luxurious, but have performance attributes to support a fully contact lifestyle.”Simply put, society demands that fashion and function come together.

Even luxury fashion can’t get away from this trend.

“Athleisure has been around for decades, but it’s really hitting hard now,” said Chase Rose, the brains behind Athleisurely, a blog based in New York City. “Today, more and more luxury brands are designing athletic-inspired apparel – Vera Wang, Urban Outfitters, Cynthia Rowley and Stella McCartney to name a few.”

Athleisure celebrates and inspires not only a fashionable lifestyle, but also a healthy one.

“Shoppers will buy these products and become inspired to be more active, walk a few more blocks, spend a little bit more time out doors with their families,” said Jacqueline Renfrow, editor of Fierce Retail. “If a healthier, more natural lifestyle is in fact a growing trend that is here to stay, this could mean changes that will affect other sectors or retail, ranging of course from apparel and food to home appliances and furniture.”

Athleisure is a significant and widespread fashion trend that is stimulating growth in retail, redefining fashion and catalyzing a healthier American society. And that’s a lot to say for something that I once thought to be a college student trend.

#RetailRoundUp

It has been a very busy week for the retail industry, from being able to shop and buy items from Nordstrom with just a simple text, to the new-found ways to utilize pop-up stores. Check out the top stories this past week from the retail world:

Nordstrom enables shopping via text via Retailing Today

Imagine a world where you could text someone what you wanted, and all of a sudden it’s yours. Well, for all of those shopaholics out there, it’s time to rejoice. Nordstrom has launched TextStyle at all of their  116 U.S. stores, and it’s basically revolutionized retail. TextStyle allows shoppers to make purchases from a personal salesperson or stylist, and enables associates to send new product recommendations to customers with a text message. If the customer would like to purchase the items, they can by simply replying with ‘buy’ and a unique code. Shoppers can also send their salesperson a text message with a product description or photo. All purchases are completed with the customer’s Nordstrom account information, and items are shipped directly for free.

Of course this isn’t the most mind-blowing news around. There are many retailers that have similar programs like this, but Nordstrom is now the only retail company in the U.S. that offers customers who opt-in the ability to shop and buy with just a text message. TextStyle provides consumers with a unique, efficient and extremely personalized way of shopping.

Target addresses digital channels after overwhelming demand for Lilly Pulitzer collaboration via RIS News

April 19, 2015, is a day that will live in infamy. It was the day that the Lilly Pulitzer collaboration with Target, #LillyForTarget, launched, sold out in minutes, crashed the company’s website and left many people angry, sad and extremely disappointed. Target’s CEO, Brian Cornell, noted that the company was disappointed their, “digital channels were not able to properly accommodate the surge in traffic at the time of the launch.”

Since that chaotic event, Target has been working to redeem itself and its digital business. Target announced during their Q1 2015 earnings call, that the company will make a $1 billion investment in technology and supply chain. Kathryn A. Tesija, executive vice President, chief merchandising and supply chain officer, ensures the company will continue to invest in technology and supply chain to allow their guests to shop on demand, and to improve the economics of its online business meaningfully. Target is now “working to address root causes and learn from the experience” as they prepare for the upcoming holiday season and the accelerated growth of the company.

Jo-Ann Fabric among first retailers to partner with Pinterest’s new Buyable Pins via Chain Store Age

We’ve all been there… well most of us. You’re scrolling through your Pinterest feed and you basically fall in love with everything you see. You re-pin it, thinking that you might attempt to create it later. After a while, you finally have time to create this beautiful masterpiece that is supposedly simple to do. But then you realize achieving the perfection that is pictured on Pinterest is basically unattainable, and your sad attempt hardly resembles it. Well, look no further because you can finally buy items from Pinterest directly from the site!

Pinterest is embarking on their first attempt in e-commerce by partnering with various retailers, including fabric and craft specialty retailer Jo-Ann fabric and Craft Stores, for their new Buyable Pins. Currently, there are over 4.2 million pins linking back to Joann.com. With buyable pins, consumers can find a product, pin it to their board, and directly purchase it off of Pinterest.

The Buyable Pins are expected to launch on the Pinterest iOS app this month and for Android and desktop later this year. Other retail partners for Pinterest’s Buyable Pins include Macy’s, Nordstrom, Neiman Marcus and Ethan Allen.

Pop-Ups: How temporary storefronts are changing brand loyalty via Fierce Retail

Pop-up stores are a big trend this year. Though the concept of placing a shop within a shop to attract attention to new designers and collections is nothing new, but the concept of a pop-up shop today has evolved into something much more intricate. The 2015 pop-ups are used as a sort-of beta test for a physical presence for retailers that have previously only had an online store and to see how it might change brand loyalty.

Many retailers are joining this trend, including e-commerce giant Amazon with its launch of a holiday pop-up store in 2014. Brands such as Zappos, The Grommet, Crest & Co. and Boohoo have recently introduced their first pop-up store. Even the highly anticipated buzz for the sold out Lilly Pulitzer collection for Target was fueled by a pop up shop in New York’s Bryant Park.

This growing trend for retailers utilizing pop-ups can be attributed to a few important reasons. First, retailers are starting to realize that pop-up stores are a feasible way to increase sales and presence in the marketplace. Secondly, these temporary stores are a great way to track customer approval for the transition from online to brick-and mortar in a temporary setting. Lastly, opening a temporary store is relatively inexpensive with little risk, which is great when testing something new. Pop-ups are not only a great way to assess costs and success; they’re also a great way to promote a brand.

The Power of One Generation

“They” say millennials are changing retail. Being one, I can say I agree with this statement. We’ve all seen the articles and research reports that talk to the impact that the millennial generation has had on the retail industry, but for me it’s a reality that I live and breathe everyday.

This past weekend I treated my sister to a shopping spree, as part of her Christmas gift. (I know, a little late, but better late than never!) It’s been widely reported that millennials are extremely brand loyal, and I, unknowingly practiced that this weekend. My sister and I went to Barton Creek Square Mall in Austin, Texas, and we only visited stores that we have had previous positive experiences with, including White House Black Market, Gap and Nordstrom. We didn’t even take the time of day to pop into the other stores. I would rather spend a little more on an item knowing I’ll have a more enjoyable shopping experience in that store, rather than spending time at their lower cost counterpart.

An article last spring in Bloomberg broke down how millennials are spending – stating they are more frugal and careful about what they buy. Through my personal experiences I find this true, not just for me, but for my friends. Leading into the shopping spree last weekend, I told my sister what our budget was, of course factoring a $50 buffer because I know our shopping habits. I planned for the months leading up to not have a weekend of triple digit spending make me have a financially-fueled emotional break down. I researched the stores I thought we should check out and sent my sister links to outfits and stores that were reasonably priced.

Another attribute about millennials, and something that is very near and dear to my heart, is that we prefer paying for experiences, not products. Honestly, I’d rather have airline miles or rewards that turn into miles rather than a new pair of shoes. Okay, I’d still like the shoes, but I’d give up other parts of my spending habits to go on a trip. But if my spending can lead to those experiences, then even better! Millennials are now even being coined the “Burning Man Generation,” due to their spending on experiences instead of things. Millennials are living proof of the old saying “you can’t take it with you.”

Retail is shifting and millennials are spearheading this movement. It’s scary but empowering to know my generation is playing a huge part in changing the retail scene. Knowing that we have this power, how will the next generation – know as Generation Z or Boomlets – change it even more?

Looking back on SXSW Interactive 2015

Originally posted on PRSA Austin Chapter website. 

SXSW Interactive celebrates  its 21st year in Austin, Texas.
SXSW Interactive celebrates its 21st year in Austin, Texas.

Every year, South by Southwest Interactive brings together the most innovative, entrepreneurial and accomplished individuals to showcase their products and ideas in front of eager audiences. 2015 was certainly no different.

A number of PRSA Austin Chapter board members were in attendance and answered a few questions about their experience. Check out their insight below:

What was your favorite session/panel at SXSW Interactive and why?

  • Sara Lasseter: I immensely enjoyed the panel on the Next Generation of Retail Innovation with the CEOs and founders of StitchFix and Rent the Runway. They had wonderfully insightful commentary on the state of retail and ecommerce operations, as well as where they see their innovative companies going in the future. As a woman in the technology industry, it was inspiring to hear the obstacles they faced in a male dominated startup/venture capital world.
  • Madison LaRoche: My favorite panel of SXSWi was on Reinventing the Cooking Show, in which representatives from PBS Food, ingredient sourcing show Original Fare and online cooking site ChefSteps.com discussed their experiences with digital cooking and food content. Regardless of their goals or plans for how their content would be consumed, all agreed that the digital format allowed for flexibility that was nonexistent in the time of Julia Child. Versus broadcast TV, the digital format allows for greater audience participation, allowing for content to create a feedback loop and a channel for dialog not previously available. At the close of the panel, the message was clear: stay true to the story you want to tell and maintain your authenticity in order to build and maintain brand equity. This lesson rings true well beyond the foodie content culture.
  • Erica Schuckies: My favorite session was called Entertainment and the Edge: Post Millennial Culture. Ian Pierpoint and Jack Horner (who both had very sexy English accents, by the way) provided insight into the minds of ‘Generation Edge,’ which consists of individuals born right after the Millennial generation (after 1995). Pierpoint’s research into this group showed that kids today are more socially aware of the pitfalls in our society and feel a responsibility to make positive changes more than any other generation (at least at their age). Horner described this generation as “rebels with a cause,” acting against the norm to make life better for not only themselves, but also their peers and future generations. Generation Edge is also more thoughtful of what they post on the web and social media; as Horner so eloquently put, “posting less shit.” Let’s hope this is true for all our sakes.
  • Alison Kwong: I really enjoyed the Lyft keynote on Monday afternoon. CEO and co-founder Logan Green is such a smart, articulate spokesperson who was very clear about his company’s story, vision and key differentiators from his competitors. It was apparent in the messaging and what he said about the marketing and plans for growth and future expansion. I also enjoyed Charles Barkley’s panel about staying relevant in the digital age. As a well-respected member of the sports media, I thought his perspective on why he doesn’t participate in social media was interesting as most of his peers and athletes do. The main takeaway was that authenticity and honesty go a long way in the media, especially in the sports industry.
  • Catherine Seeds: My favorite session by far was What Fashion Can Teach Women-Led Companies, which included a panel of the CEO and co-founder of Birchbox, the founder and CEO of Reformation Apparel and the founder and chief editor of Snob Essentials (Great blog on hand bags, by the way, if that is your thing!). This was a wonderful session on how these women have differentiated themselves and their companies by the way they communicate and engage with their customer base and by knowing exactly what their customers (mostly women) want and expect from these fashion and beauty brands. The panel discussed the social media effect on their companies, advice to other women on successfully launching their own companies, and some of the challenges they’ve faced as women-owned companies.

What were the trends that stood out to you while attending the Interactive portion?

  • Alison Kwong: Big data and analytics; the Internet of Things and how it drives innovation; the importance of good content.
  • Catherine Seeds: Retail tech was HUGE this year at SXSW.
  • Sara Lasseter: How to harness big data; mobile tech, of course; the customer experience.
  • Erica Schuckies: Customization of EVERYTHING, from wearables to user experiences to marketing & advertising; short-form video and social platforms catering to this concept (Meerkat, Meerkat, Meerkat); mobile-first mentality.

Did you Meerkat at all during SXSW Interactive? If so, what did you Meerkat?

  • Madison LaRoche: I downloaded Meerkat but was too scared/busy/uninterested to experiment with it at the time.
  • Erica Shuckies: Same as Madison – I downloaded the app with all intentions of Meerkatting my life away. To be completely honest, I kind of forgot about it most of the time, especially in moments that would have been perfect for it.

What was the coolest/most unique thing you saw during the Interactive portion?

  • Madison LaRoche: Unfortunately I didn’t see many amazing brand executions at SXSW this year, but to be honest, I wasn’t looking for them as hard as I have in the past. One of the most interesting panels I attended was the last Interactive Keynote of 2015, in which Dr. Astro Teller, captain of moonshots for Google[x], gave a passionate speech on failing with purpose. At his “moonshot factory” – a sci-fi-esque arm of Google devoted to exploring new technology to solve global problems – Teller encourages his colleagues to fail fast and harness those failures as learning opportunities toward success. He gave case study after case study of huge, time-intensive and expensive projects in which failure was part of the process to figure out what doesn’t work to get to what does. Though these examples were fascinating on their own, the best part of the speech was Teller’s extraordinary tenacity for and promotion of this “fail fast, fail often” approach. During the Q&A portion at the end, an obviously inspired but desperate attendee asked via Twitter how a company without the luxury and budget to fail could harness this approach. An exasperated Teller exclaimed that this poor soul missed the whole point of the talk, which was the simple fact that failing at the START of something (and being able to fix it) is much cheaper than failing at the END (when it’s simply too late to do anything about it).
  • Catherine Seeds: My colleagues and I had the opportunity to sit in on a session with the editor of Lucky Magazine, Eva Chen. She was fantastic and very down to earth. Here is a great write-up on her.

If you weren’t able to attend the Interactive portion of SXSW this year, we did the hard work for you and compiled a list of some great SXSWi recaps. Be warned, there are plenty of Meerkat mentions.

How about we all meet back here around this time next year? Until then, we will be catching up on sleep, nursing our blisters and over-tweeted fingers, and putting our learnings to good use!

Retail Tech & KG @ SXSW 2015

Media Tech SXSW Image Think
Visual capture of Mashable CEO Peter Cashmore’s featured session at SXSW Interactive

It was a whirlwind of a week for KG at South by Southwest Interactive, and now that we’ve recovered from our java jitters and breakfast taco binge, we wanted to bring you the best recaps and insights on SXSW we’ve seen so far!

Several media outlets had their own opinion on the state of SX and trends we’ve seen become the hot topic

A few tech announcements and launches were made as well, including the rise of Meerkat and the Google Glass cause of death.

For the KG team, we really resonated with several of the gender-focused sessions highlighting the gender gap in technology and how next-generation retail companies are turning that on its side. We also loved this chat on optimizing content for growth!

We live and breathe retail at KG, so of course we hit up the amazing retail sessions throughout the conference. Our esteemed colleague and Editor-In-Chief of RIS News, Joe Skorupa, (who also moderated the OrderDynamics Ghost Economy panel) published an amazing recap of SXSW Interactive.

As well, UK publication The Guardian did a splendid write-up on retail’s growing presence at the innovative convention where retailers meet techies meet investors meet media meet tacos.

What were some of your favorite Interactive sessions this year? How was it different from past experiences you’ve had at the conference? We’d love to hear from you!

Until next year, SXSW!

Ebola Relief in Liberia: Introducing #RetailFightsEbola

The Ketner Group team is fortunate to work with clients doing groundbreaking work in diverse technologies including mobile, cloud, supply chain, machine learning, advanced analytics and other innovative areas. We work with really smart people who are helping shape the future of how retailers interact with consumers, which is pretty heady stuff.

Every once in a while, though, we get to work on a PR campaign that is something special. And that’s certainly the case with #RetailFightsEbola, a campaign from the Retail Orphan Initiative (RetailROI) that’s rallying the retail industry to fight Ebola in Liberia. Ketner Group has been privileged to handle PR for the Retail Orphan Initiative since it began six years, but this latest campaign raises the bar even higher.

A quick word of explanation: RetailROI is a charitable foundation that brings together retailers, technology vendors and editors and analysts to make a difference in the lives of orphaned and vulnerable kids around the world. Rather than duplicate the work of existing charities, RetailROI provides grants to charities that are already on the front lines of providing care in some of the poorest countries in the world – including Liberia.

Working with its partner charities operating in Liberia, the #RetailFightsEbola campaign is rallying retailers, manufacturers and individuals to provide much needed medical and hygienic supplies to Liberia. The goals are two-fold:

  • Raise $1,000,000+ in donated goods from retailers and manufacturers. RetailROI is working to provide specific items requested by its partners and the Liberian Ministry of Health, including first aid supplies, as well as food, clothing and linens to help with practical aid and care for survivors and the more than 3,400 children that are newly orphaned from the disease.
  • Raise $250,000 in financial contributions from companies and individuals for immediate relief. The financial contributions will help RetailROI partners provide additional relief until the goods arrive. 100 percent of the funds go directly to Ebola relief – ensuring the funds go where they’re most needed.

Why Liberia? For starters, it’s one of the countries hardest hit by Ebola as well as one of the world’s poorest countries, with an average national income of only $412 USD per capita annually. Moreover, RetailROI has reliable partner charities on the ground, including a remarkable organization called More Than Me, whose original mission was to provide education and opportunity to the most vulnerable girls in Liberia’s West Point slum, but has recently expanded to combat Ebola.

“Liberia’s government is primarily focused on mobilizing hospitals, treatment centers and coordinating with others to help with the treatment and keeping order,” says Katie Meyler, founder of More Than Me. (Check out her recent photo journal from the Ebola crisis in Vogue.)  “When it comes to practical aid for those most at risk, the vast majority of the work and distribution is being done through community groups and non-government organizations with boots on the ground like us. Survivors of this disease lose everything; their entire household and belongings are burned to stop the spread of the disease, and several thousand survivors are now orphaned children.”

More Than Me and other RetailROI partners have reduced the number of new cases by up to 90% in some of the areas hardest hit by the disease, through education, community outreach and delivery of basic medical and hygiene supplies. These efforts have been so successful that the Liberian Ministry of Health reached out to them to expand their work to additional Ebola hotspots within the country – and that’s the impetus behind #RetailFightsEbola.

As Greg Buzek, co-founder and donor trustee of RetailROI, explains, “The goods that Liberia has requested are readily available from nearly any supercenter, drug, clothing or grocery store in the U.S. We are asking retailers and manufacturers to donate products at their cost from overstocks or out-of-season goods. This is retail’s chance to make a difference in the lives of people that desperately need our help at the source of the outbreak and will be key to helping contain this epidemic.”

Retailers or individuals who would like to get involved or donate to #RetailFightsEbola, please visit www.retailroi.org/ebolarelief for more information. Please help us spread the word!

What’s Happening in Retail | October’s Biggest Stories

Photo courtesy of Seth Sawyers on flickr
Photo courtesy of Seth Sawyers on flickr

This autumn has graced us with some much-needed cooler weather here at Ketner Group, but the retail industry is still turning up the heat! Retailers are faced with data security concerns, mismatching omnichannel expectations, forecasting the holiday season and revitalizing the concept of physical retail.

Here are some of the hottest retail stories from this month:

 Integrated Solutions for Retailers – “Kmart Investigates Payment System Breach”

Recently reported in Integrated Solutions for Retailers, Kmart announced a security breach of their payment data systems. According to a press release issued on October 10, Kmart’s parent company, Sears, filed a report with the Securities and Exchange Commission and Kmart immediately began working with an IT security firm. The breach was found to have started in September, caused by malicious software that was undetected by Kmart’s anti-virus software systems. The retailer was able to remove the malware, but has reported a number of credit card and debit card numbers were stolen. Kmart will be providing free credit monitoring protection to any customer who used a credit or debit card Sept. 1 2014 through Oct. 9, 2014. The company advises any customer concerned about the breach to contact their customer care center.

Wall Street Journal – “Amazon to Open First Brick-and-Mortar Site”

The Wall Street Journal recently reported that online retail pioneer Amazon.com will be opening its first physical store on 34th Street in New York City. The site is set to begin operation just in time for the holiday-shopping season. Chain Store Age noted that 50% of purchases made online are from a retailer with a physical location, and that Amazon’s move showed that the company prioritizes omnichannel retail, silencing melodramatic remarks on the decline of physical retail. It’s worth noting that the retailer has studied the outlet concept and scouted locations for years, and while the store remains experimental, Amazon’s timing couldn’t be better. If they do fully capitalize on the opportunity, the addition of physical immediacy to their pricing and delivery platforms will become an astonishing trifecta.

Chain Store Age – “NRF: Holiday Sales to rise 4%”

NRF 2014 Holiday StatsAccording to a press release from the National Retail Federation and reported by Chain Store Age, holiday spending is forecasted to reach $616.9 billion, making it the first time since 2011 that holiday sales increased more than 4%. Retailers are expected to highlight competitive pricing and inventory exclusivity as Americans keep to their household budgets. NRF also predicts retailers will hire between 725,000 to 800,000 seasonal workers for the 2014 holiday season, a 14% increase from 2013.

OrderDynamics – “Retailers missing the mark on customers’ omni-channel expectations”

A joint study by our client OrderDynamics and Opinion Matters revealed that online retailers are not offering the services that customers want. For example, 54% of online shoppers want a named delivery date, but only 15% of retailers offer the service, usually offering next-day delivery instead, which only 10% of shoppers pay for. This mismatching of services is a critical weakness in omnichannel retail campaigns. Customers only see one relationship, and one engagement and discrepancies in meeting their desires anywhere, anytime, from any device could destroy the relationship entirely. For more information about the survey and the retailer benchmark, read the report ‘Customer Relationships: The rules of attraction’.

360pi – “Believe it or Not, Amazon is not the King of Cheap Online Prices”

Another recent report by our client 360pi partnered with Wells Fargo took an in-depth look at competitive pricing, indicating that Amazon’s pricing model is not as edgy as customers believe. The joint study found Amazon has lost to Wal-Mart and Target in key categories such as clothing, electronics and housewares. Furthermore, Target, whose products were shown by the study to be consistently 5% cheaper, announced that they will match Amazon as well as Wal-Mart. The study also notes that Amazon’s prices have been rising due to new investments, which may give a slight skew to the results. However, Time’s report says that the battle for online sales dominance is nowhere near over.

Digital Retail’s Brightest Take Over Seattle This Week for Shop.org 2014

The annual Shop.org summit is already underway, and it has been a fast and furious few days for the team here at Ketner Group and our wonderful and innovative clients who are exhibiting at the show this week. The months and weeks leading up to Shop.org was full of planning sessions, scheduling meetings with media and analysts and preparing show announcements for our clients. This is a very exciting time of year for the KG team as it represents the unofficial kick-off of the holiday shopping season. We are working with all of our clients on some really exciting holiday-themed campaigns over the next few months, but more on that in another blog post!

Shop.org is a must-attend event for anyone in digital retail. In their own words, it is “a 2½ day event specifically for digital and multichannel retailers. Get the rush of discovering new ideas, getting actionable takeaways and building strong relationships with the brightest and most innovative players in the digital retail world.” The more than 5,200 attendees, 280 exhibitors and 100+ speakers represent the entire digital and multichannel retail community: senior management, marketers, merchandisers and solution providers.

In the first two days alone, attendees have had a chance to participate in various keynote sessions, roundtables and panels. Highlights include:

  • Jamie Nordstrom of Nordstrom speaking on the importance of evolving with your customer or “you die”
  • The Amazon.com story featuring leading Forrester Research analyst Sucharita Mulpuru and veteran Silicon Valley journalist and author, Brad Stone
  • A special NRF members-only session focusing on “Decoding the New Consumer Mind”

To see the latest and greatest news, tweets and photos from Shop.org – click here!

For those of you still in Seattle and need some advice on a successful Shop.org (or if you have some free time available before your flight home) check out Shop.org’s blog, “12 Tips for Making the Most of the Summit.”

Video Courtesy of Shop.org