Thirty-four percent of millennials said the word that best describes their participation in a customer reward program is “fun,” according to loyalty-marketing research, publishing and education company COLLOQUY, via its nationwide survey of 1,000 consumers. Furthermore, millennials scored 24% higher than the general population (18- to 65-year-olds and older) on the loyalty-needs-to-be-fun description.
Ninety percent of consumers prefer shopping in brick and mortars and more than half of online retail sales are captured by brick and mortars, according to the "Omnichannel Shopping Preferences Study" by A.T. Kearney, a global management consulting firm.
Helen of Troy announced that Gerald J. Rubin is stepping down as chief executive officer and president and is resigning from the board of directors--effective immediately--to serve as chief executive officer of River Oaks Properties, a leading commercial real estate firm in El Paso.
Online discovery-retail company Birchbox is partnering with Us Weekly to offer its customers a special-edition Birchbox, inspired by the season’s most iconic red-carpet looks and handpicked by Us Weekly beauty director Gwen Flamberg.
The location you choose could make or break your business-expansion success.
Whether the ultimate goal is for your beauty retail business to occupy two stores or 200 stores, there are many considerations involved in expanding a retail business beyond one set of doors. Of utmost importance is choosing the best location. Availability of desirable space is an important opportunity and a benefit in today’s market that should not be taken lightly. Location, location, location—is key, say retail experts.
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