Avi Mizrahi

1,544 Added | 1 Magazine | 213 Likes | 2 Following | 334 Followers | @avimizrahi7777 | Toronto, Canada | Strategy, Marketing, Innovation | Helping companies envision and realize important goals for growth.

This is how Best Buy gets so many of its customers to come into its stores

Getty Images<p>The size and price of many Best Buy items makes delivery difficult<p>Best Buy Co. Inc. is doing something most retailers wish they could do nowadays: they’re getting customers into stores.<p>About one-third of the consumer electronics retailer’s online sales are picked up in stores, according …

eCommerce

SAP Leonardo Machine Learning Powers Retailers Profitably Ahead of Fashionistas

Leading retailers are finding machine learning innovations tailor-made for fast fashion, providing data-driven insights to make sure they always have …

Machine Learning

Curated Customer Journeys Level the Retail Playing Field

The concept of omnichannel retail has taken hold to the point where many businesses have begun exploring the benefits of providing and integrating …

How to Untangle A Feud at Work

Rivals often force others to choose sides and then productivity goes down the drain. Here's how you stop the in-fighting.<p>Power struggles are the essence of great theater (think <i>Hamilton</i>). Yet, if the backstabbing is not squelched, the damage is deadly. Read about Alexander Hamilton and Aaron Burr …

Leadership

Identifying Mobile Shoppers A Top Priority For 70% Of Retailers

Mobile commerce is not only in the hands of mobile shoppers.<p>Retailers are increasingly looking to personalize shopping experiences by tapping into …

eCommerce

Target reimagines itself and Wall Street likes what it sees

NEW YORK (AP) — Target's first-quarter profits jumped almost 8 percent as attempts to turn its business around appear to be gaining some traction. Comparable-store sales fell for the fourth consecutive quarter, but the decline was nowhere near as bad as expected and online sales surged 22 …

eCommerce

Hudson's Bay Company - A Deep Discounted Asset Play On Retail Properties

<b>Company Description</b><p>Hudson's Bay Company (OTC:HBAYF) is a leading Canadian fashion retailer and department store operator with a global footprint in …

Real Estate

Retail Isn't Dead, But It Does Need to Adapt

Rumors of its demise have been greatly exaggerated<p>It seems like there has never been a worse time for retail. Sears looks doomed. Many other large retailers, including J.C. Penney and Macy's are closing stores and even fashionable boutiques like BCBG Max Azria are filing for bankruptcy. CNN reports …

eCommerce

10 Ways Smart People Stay Calm

The ability to manage your emotions and remain calm under pressure has a direct link to your performance.<p>The ability to manage your emotions and remain calm under pressure has a direct link to your performance. TalentSmart has conducted research with more than a million people, and we’ve found that …

Emotional Intelligence

Canadian Tire trials home delivery for online goods even as bricks-and-mortar chains deliver 26% profit surge

TORONTO — Canadian Tire is getting back into home delivery of online goods as it looks to the future during a historic period of change in the retail …

eCommerce

Can these ‘magic mirrors’ save retailers?

Embattled brick-and-mortar retailers are expected to unveil a secret weapon in the coming weeks to fight back against e-tailers, The Post has learned.<p>…

Trends

It's more than Amazon: Why retail is in distress now

With more than half of 2017 still ahead, the retail industry is seeing a record-setting pace for bankruptcy filings and store closings — and more are …

eCommerce

The challenges of managing the tech-enabled store

Retailers have always understood that businesses only develop when customer satisfaction is considered a permanent goal, rather than viewed as a …

Customer Experience

Prepare for all-out war among loyalty programs for your business

Fresh off the Air Miles debacle of last year comes a new shock to reward program enthusiasts.<p>Air Canada says it will start its own customer loyalty program in 2020 rather than using Aeroplan. Many details about the new program and Aeroplan’s future remains up in the air, so to speak. What we do …

Airlines

Hudson’s Bay taps debt adviser amid Neiman Marcus bid challenges, sources say

Canada’s Hudson’s Bay Co has hired a debt restructuring adviser to review potential options for combining its business with debt-laden U.S. …

eCommerce

5 product managers share their rookie mistakes

Don’t just learn from <i>your</i> product management mistakes. Learn from the blunders of others!<p>We asked <b>five awesome product managers</b> to share mishaps from …

Product Management

Can Retail Be Saved? Yes, and Here's How

Whatever service or product you are selling, retailers attract and keep customers by designing an experience, not just an expedition.<p>What's with the empty storefronts on Madison Avenue, High Street, Main Street? What's with the catastrophic store-closings at Sears, Macy's, J.C. Penney? Don't blame …

Trends

How Watson is Digging Through Decades of Video to Help Find New Sources of Revenue

If Food Network execs wants to know which ingredients are most popular with viewers, they can just ask Watson. If TED members want to know the secret …

Advertising Industry

Facebook and Google completely dominate the digital ad industry

Google and Facebook together accounted for an astounding 99% of revenue growth from digital advertising in the US last year, according to an analysis of IAB estimates by Pivotal Research senior analyst Brian Wieser on Wednesday.<p>In a note to clients seen by Business Insider, Wieser said that both ad …

Advertising

IBM launches Watson cognitive marketing service

IBM Watson Marketing Insights will use behavioral analytics to give marketers an edge in targeted campaigns.<p>IBM has announced a new service for …

IBM

Glimpse the Store of the Future

With "connected" clothes rails and "smart" mirrors, online luxury retailer Farfetch believes it has created the store of the future. Using the latest …

Trends

Stop Freaking Out: Curation, Convenience & Community – the Revitalization of Retail

You should know brainstorming new business concepts is a favorite hobby of mine. Most everyone has an idea about the next social app, a more perfect …

4 Common Company Problems and Solutions That Demand Attention

As we go into this New Year, I wanted to round up four problems you may face as a company leader in 2016 and offer my solutions to those problems. …

Leadership

How to become an omni-channel, data-driven retailer

In today’s digital age where customers are as likely to buy a product from an e-commerce website as from a brick and mortar store, delivering a seamless and value-adding shopping experience has become more important than ever before. The multiple shopping channels available to customers and the …

Mobile Loyalty Programs Drive 62% Of Customers To Increase Store Visits

Mobile shoppers love deals and brands increasingly are offering more of them.<p>Mobile is also driving loyalty program membership, which is then …

As malls die, so too does a way of life

Canadians love malls. Of course we do. We’ve got a stable economy, a mostly miserable climate, an aversion to walking anywhere we could drive and an insatiable appetite for Cinnabon. It’s a match made in an April blizzard.<p>But the sad reality is, these are hard times for the gallerias and indoor …

Why Everything About the Physical Store Must Change

NEW YORK — The retail store as we know it is dead. Retailers must stop thinking about their stores as places that distribute products, and rather …

What Most Companies Miss About Customer Lifetime Value

For managers and marketers alike, the power to calculate what customers might be worth is alluring. That’s what makes customer lifetime value (CLV) so popular in so many industries. CLV brings both quantitative rigor and long-term perspective to customer acquisition and relationships.<p>“Rather than …

Harvard Business Review

The Challenges of Omnichannel and How Retailers Might Solve Them

Customers are among the biggest challenge for retailers aiming to maximize their omnichannel potential.<p>"Omnichannel commerce” has been a retail buzzword for several years, however much confusion and curiosity still surrounds this hot topic. Among the various reasons why is simple: Omnichannel -- …

Customer Experience

A fantastical new world of high-tech, high-concept stores is here

Nobody knows what the future holds, but that has never stopped anyone trying to predict it. It’s a game countless US retailers are engaged in right now, while their industry shudders under the pressures of e-commerce, an overabundance of brick-and-mortar stores, and changing consumer spending …