INVENTORY

BJ’s delivers the right product at the right price

BY CSA STAFF

Knowing what consumers want and how much they are willing to pay is the type of intelligence that keeps retailers in business.

Looking to offer a more targeted and competitively priced assortment, BJ’s Wholesale Club is rolling out the price suite from merchandise optimization technology provider Revionics. The management and price optimization solutions will help improve customer-centric prices while taking the competitive landscape into account. The retailer will also use the application to help align brand and size parity among its single and multipack products.

“We respect Revionics’ track record as an industry leader and growth company making aggressive product investments to sustain their leadership, and we are excited to apply those innovative capabilities to deliver even greater value for BJ’s members,” said Brian Poulliot, senior VP of strategic planning and analysis for BJ’s Wholesale Club.

BJ’s also recently started offering customers the option to order products online and then pick them up and pay for them at their local store. With access to goods easier than ever, the retailer is taking the next logical step of ensuring omnichannel shoppers can buy the items they truly want, at a price that creates both profit and incentive for repeat purchases.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
ECOMMERCE

Forget garage sales—just go to FedEx

BY Marianne Wilson

Consumers looking to sell their unwanted treasures now have a new option thanks to a partnership between eBay Inc. and FedEx Office.

The two companies are teaming up to offer eBay Valet drop-off locations at more than 1,600 FedEx Office stores nationwide over the coming months.

The eBay Valet program launched in 2014, was designed to take the hassel out of selling goods on the online marketplace site. It lets sellers send their unwanted goods directly to eBay where the company lists, sells and ships the merchandise.

In the new venture with FedEx, however, sellers will be able to bring goods to a FedEx Office location, where an associate will pack and ship the item(s) to an eBay Valet processing center to be listed, sold and shipped to the buyer. (The items must be worth $25 or more.)

Once the item(s) sells, the seller will receive payment via PayPal. Customers will receive updates and notifications throughout the selling process.. EBay and FedEx share a commission ranging from 20- to 40% on each sale. The sellers pay nothing up front.

The program accepts items from a range of product categories, including electronics, antiques. collectibles, high-end clothing and shoes, small appliances and even bulky items like golf clubs.

eBay and FedEx piloted the Valet drop-off program in Atlanta and Los Angeles, and found that the majority of the customers who dropped off merchandise were new to selling on eBay.

“As a pioneer in peer-to-peer selling, eBay understands that ease and flexibility are critical for consumers looking to sell online. That’s why we’re investing in solutions and offerings that streamline every stage of the selling process – from listing, to shipping, to successful sales,” said Laura Chambers, VP of consumer selling, eBay.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
DESIGN/CONSTRUCTION

Schimenti managing open store remodel/fit out for Dick’s Sporting Goods

BY Marianne Wilson

Schimenti Construction has begun work on Dick's Sporting Goods' store in Melville, New York, managing an open store remodel/tenant fit-out of the approximately 95,000-sq.-ft. space.

Schimenti will remodel the existing Dick’s store while simultaneously performing a tenant fit-out of a previous Kohl's Department store. The wall between the two stores eventually will be opened to create one retail environment featuring Dick’s and its Field & Stream retail format. The project is scheduled to be completed in fall 2016.

Schimenti project manager John Taberna noted that a different mind set is required for an open store remodel.

"We have to think differently in a remodel situation versus a new construction project,” he explained. “Working in an existing store sometimes requires night work, a focus on cleanliness, superior planning and coordination with store operations staff, and putting the store back to together after every shift."

The building will include a detailed entry utilizing reclaimed wood shipped from Austria, construction of large loading dock and new vestibule, and signature features unique to a concept store setting.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...