analysis Andrea Wasserman analysis Andrea Wasserman

Who Does Omnichannel Best? (Part 2)

Retailers can’t do “omnichannel” well without data that profile customers and their paths to purchase across channels. With in-store Wi-Fi log-ins and data collection powered by Euclid Connect, retailers gain illuminating visibility into how the store visit fits into a customer’s purchase journey

Read More
analysis Andrea Wasserman analysis Andrea Wasserman

For Retail, It's Not Politics As Usual

As social media took off, brands aspired to be our friends. And now they are. As with our other friends, we want to know what they think. And we hope they're on our side. It's awkward for companies to say they won't take a political stance for two reasons.

Read More
channel checks Andrea Wasserman channel checks Andrea Wasserman

Going to a Store, but Not to Buy: Why?

For an increasing number of purchases, consumers don’t need to enter a physical retail store. It's why foot traffic is down: When consumers know they want to buy something, they often can do it online. 

Consumers need reasons to enter stores even when they don't intend to buy. Here's what I've seen drawing traffic recently and keeping visitors inside.

Read More
channel checks Andrea Wasserman channel checks Andrea Wasserman

Why I Like the New Adidas Store

Late last year, Adidas opened a new "brand store" on 5th Ave. and 46th St. in NY. While I kept my eyes open for the technology I know is there, it didn't jump out at me (which isn't a bad thing). But five other aspects of the experience did.

Read More
events Andrea Wasserman events Andrea Wasserman

6 Times Last Week Retail Was About People -- Not Tech

Most of the recaps of Retail’s BIG Show, hosted by the National Retail Federation last week, have been focused on technology. But what stood out to me more than always-new technology was a collection of statements from the show about the people who work in retail and the investments the industry makes in them, largely in the name of customer experience.

Read More
analysis Andrea Wasserman analysis Andrea Wasserman

Retail for Humans

"Technology is dramatically changing the retail landscape, but one thing remains the same: Retail is about providing high-quality, engaging experiences for customers. Human customers..."

Read More
news Andrea Wasserman news Andrea Wasserman

A Different Response to the Macy's News

It's tempting to say closing 100 stores won't help Macy's and the company is doomed because there's so much wrong with it. Like the rest of the retail industry, Macy's needs to change with the times. I think closing so many stores is a big step toward that change.

Read More
news Andrea Wasserman news Andrea Wasserman

Why It's Not So Easy to "Make Stores Better"

The current issue of Harvard Business Review is one of the best I can remember. In a retail-focused section, "Curing the Addiction to Growth”, the researchers conclude "mature companies should rely on a strategy that focuses on growing revenues of existing stores faster than expenses”. This sounds rational and easy but, while logical, I’ve found it difficult for 3 reasons.

Read More
news Andrea Wasserman news Andrea Wasserman

ELLE's & Its Readers' Takes On Shopping

Amidst a world of digital snippets and statistical click bait, ELLE Magazine printed a well-researched longread on retail trends an sentiment in its January 2017 issue. I read it with interest because it's a fresh source talking to a different reader than the mainstream business publications. I wanted to know which themes they're seeing -- and reinforcing.

Read More
channel checks Andrea Wasserman channel checks Andrea Wasserman

What the SONOS Store Gets Right

The store experience in Soho definitely lived up to expectations. And it’s definitely an experience more so than a store... The space is beautiful and not only brings the brand to life in a compelling way, but adds more dimension to the brand than could ever be conveyed by a web site or by the speakers themselves.

Read More
analysis Andrea Wasserman analysis Andrea Wasserman

5 Answers to 'What's up with retail?'

About weekly, I get this question from someone who sees the headlines but doesn't follow US retail - specifically the fashion segment of the industry - closely. Without spewing a lot of stats, I usually touch on some or all of the following.

Read More
analysis Andrea Wasserman analysis Andrea Wasserman

Why Singles Day Isn't (Just) About China & eCommerce

There seems to be a perception among US retailers and retail-watchers that Singles Day, or 11.11, is China’s e-commerce version of Black Friday. In fact, headlines have called it that. But there’s more to the story. It’s a story global retailers need to understand.

Read More
events Andrea Wasserman events Andrea Wasserman

A Singles Day Primer

As I've told people I'm heading to China this week for "Singles Day", I've found I need to remind some what this holiday - also known as "11.11" - is. 

Below you'll find:

1. What I'm most excited to learn more about in Shenzhen

2. Key quotes from Alibaba's earnings conference call last week

Throughout, I'm linking to recent articles about 11.11, Alibaba and its competitors.

Read More
channel checks Andrea Wasserman channel checks Andrea Wasserman

My Adventures in Chat Commerce

I read about Hamlet a couple of months ago. Having procrastinated on a ceiling light search because I had a specific aesthetic in mind yet technical limitations to conquer, I decided the time was ripe to try my "personal home stylist, from the comfort of my phone". I'm so glad I did.

Hamlet has a conveniently low barrier for consumer entry because it's just a number to text -- not an app, not even Facebook Messenger.

Read More
events Andrea Wasserman events Andrea Wasserman

Worm-Topped Ice Cream & As-Seen-On-TV Coffee (aka Experiential Marketing)

Over the course of my retail career, I've been able to build brands and invest in customer experience. At other times, I've run businesses where I had to pull out the discounts to make a sale and put cash in the bank "today" at the expense of long-term strategy. It continues to be physical experiences that raise and re-frame brand profiles that excite me. I've seen two recently.

Read More