I just read an interesting blogpost by Jose Feromoso about Hollola in Finland and how they use RFID to provide a great shopping experience. Sensors pick up the RFID as soon as a product is taken off the shelf. Screens in the fitting room bring up the...

Personal Status Messages (PSM) are an excellent way to keep in touch with your network. Facebook, Windows Live, LinkedIn and other social networks have Personal Status Message features that let you keep your network informed about things you would like...

In the current economic downturn, retailers have been hit particularly hard. Retailers that continue to innovate and explore new opportunities in pricing, sourcing, inventory management and assortment management will position themselves to compete even...

What is the 4-5-4 Calendar : The 4-5-4 Retail Calendar divides the year into quarters with the first and last month of each quarter consisting of 4 weeks each and the middle month of each quarter consisting of 5 weeks. Each calendar month begins on a...

Retailers have begun to feel the effect of the weakening economy, as consumers are cutting back on discretionary spending. Most retailers acknowledge the strategic importance of pricing and its impact on the bottom line, but many lack the processes and...

Costco Wholesale Corporation is a major international wholesale distributor with revenues approaching U.S.$70 billion. The complexity of the Costco IT infrastructure has grown along with the business. In addition to the warehouses, the company maintains...