Remodista Insights

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Written by Kelly Stickel, originally published by Bizwomen, January 1, 2017 (photo taken at Rebecca Minkoff innovation tour during NRF with our #W2W17)

Businesses that will win the future of retail understand that new models are being designed with a focus on the customer, wherever she is in world. At the National Retail Federation's recent annual convention and expo, attendees remained convinced that retail is not failing, but rather is transforming quickly…

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Did You Find Takeaways From The Big Show? #NRF17

Written by Michelle Grant, Head of Retail, Euromonitor and a Women2Watch in Retail Disruption 2017 Honoree

Four Key Takeaways from NRF’s The Big Show 2017

I had the pleasure of attending the National Retail Federation’s The Big Show in January 2017. The key trends that stood out were the necessary evolution of the store, the arrival of car commerce, the need to be ‘glocal,’ and on demand manufacturing in the fashion industry.

The store…

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As business opportunities for artificial intelligence multiply, how can industry leaders design the principles and technical standards into their products that benefit society as a whole? Dimensions to be addressed: - Data ecosystems for privacy and security - Algorithms for greater social inclusion -…

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Do You Have Disruptive Retail Hypotheses for 2017?

The speed at which people are changing their buying behavior is blinding. Retailers face daunting challenges when adjusting their strategies to keep up. Some retailers will fail, as reliable legacy beliefs crumble. Some will succeed by adjusting and activating fresh approaches to the customer and their needs. But what has become increasingly clear is that those who embrace flexible, innovative, and disruptive problem solving as a community are ahead of the market.…

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Is The Future a Textile Revolution?

Written by Lois Herzeca, Gibson, Dunn & Crutcher and originally published in our Retail Look Book

Many traditional retailers were unprepared for the retail revolution—the convergence of e-commerce, mobile commerce, and social media influencers that dramatically changed the retail landscape. Similarly, many fashion brands are not preparing for the coming revolution in textiles.

Fashion…

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By Anu Penmetcha, VP Omnichannel & Chief of Staff, Digital at Hudson’s Bay Company Originally published in Remodista's Retail Look Book December 8, 2016

Omnichannel Stores have high double digit conversion but low traffic and on the other hand digital has more traffic than most of the stores combined but a much lower conversion. What if we were able to take the high conversion that we see…

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A community environment with meaningful and relevant content can support and enhance trusted relationships. Trust includes alignment of interests and goals. If your mission aligns with the beliefs of your customer, and they support what you stand for, you are more likely get traction with them and to build loyalty with them. Providing access to activities, experts, practitioners (like athletes) and each other can keep consumers engaged without directly selling products, making them more likely…
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Personalization can take many forms–from design and customized product offerings to merchandising and dynamic pricing, and targeted campaigns, and messaging but at the center of it all is consumer data. We aim to understand the individual consumer: their shopping behavior, both online and offline, the products that generate their consideration and intent as they browse, and the messages and campaigns that resonate with them.
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