Post by: Laura Hills, VP Marketing, Dydacomp
The top names in retail met to discuss the future of the industry at the National Retail Federation (NRF) Conference & Expo. Joan Verdon, a senior writer from The Record, a North Jersey newspaper, keeps us informed on what’s happening in the retail industry. She asked six industry experts to name the three top issues that retailers should be focusing on for 2014 and beyond. Their perspectives are all worth noting and a must read for all retailers, whether eCommerce or in-store.
These experts included:
- Howard Davidowitz, Chairman, Davidowitz & Associates
- Marshal Cohen, Chief Analyst, THE NPD Group
- Nikki Baird, Managing Partner, Retail Systems Research
- Bob Phibbs, Chief Executive, The Retail Doctor
- Bill Martin, Founder, Shopper Trak
- Ken Perkins, President, Retail Metrics
Marshal Cohen predicts that 2014 is likely to be one of “monumental change for retail” and that retailers need direction. According to Cohen, “Retail has hit a crossroads where the consumer is heading in one direction, retail’s heading in another and manufacturers are stuck in the middle trying to figure it out.” All of the experts’ responses are valuable for anyone focused on the retail industry. Click here to read the entire article and excerpts from each of the industry leaders. http://www.northjersey.com/news/239794711_
Retailers_get_sales_advice_as_they_head_into_2014.html
Happy Selling!
