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It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. But it never happened. No one ever leased from the development called Viets Field. Starting Jan.
The obituary for brick-and-mortar retail has been written many times. Retailers need to seize the moment when shoppers return gifts. Preparing for returns is a best practice; leveraging returns intelligence to inform product development and new customer acquisition strategies is next-practice retail.”. Consumer Trends.
This builds on the $43 million in capital that the Milwaukee-based investments and insurance giant invested in 14 startups as part of its its first corporate venture fund, which rolled out in 2017. Northwestern Mutual has launched a second venture fund to support startups working in financial services.
Brick-and-mortar retailers are opening experiential concepts by working with other brands as they look to engage consumers with experiences instead of products. The retailer will “come to life” within the spaces with a mix of hard goods and apparel from its private brands Field & Stream and Alpine Design.
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cities, including Chicago, Milwaukee, New York City and Philadelphia, and it plans to expand to additional locations. It allows you to be much more targeted in how you innovate and how you meet customers on what they want,” he said. “We Targeting Convenience.
To serve these DIY consumers, as well as those who simply enjoy the time-honored hobbies of woodworking or building, eCommerce innovators are curating a selection of tools as well as supplies to help them with their projects. Only just under three in 10 — or 27 percent — are bringing professionals on for the job.
Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. His aim is to change the way that the thousands of cases of retail goods are stored, handled and hauled. But it’s not just the retailers trying to cut costs who are embracing technology.
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