Study: Scalability across channels critical factor in retail growth
King of Prussia, Pa. — Rigid technology can be a prohibitor in omnichannel growth, especially for mid-market retailers, according to a new study by eBay Enterprise. The report, 2014 Omnichannel Benchmark Study, found that that mid-sized retailers are behind their larger competitors in implementing omnichannel experiences and inflexible technology is the biggest factor in prohibiting retailer maturity and growth.
Other key findings include:
• Large-scale retailers are still new to omnichannel customer engagement, having only invested in it over the last five years.
• Mid-sized retailers face the greatest deficiency in their ability to deliver content to consumers as they research brands and products.
• Rigid technology solutions are the biggest impediment to increasing and improving customer omnichannel experiences.
“As mid-sized retailers continue to compete with their large scale counterparts, their ability to adapt to an omnichannel environment becomes critical for profitability, loyalty and survival,” said Steve Denton, VP of marketing solutions, eBay Enterprise. “The 2014 Omnichannel Benchmark study highlighted a critical gap in the ability of mid-market retailers to provide consumers with relevant experiences that also allow them to research products and consumer behavior across multiple touch points, including in-store, online, mobile, marketplaces, and customer service, significantly impacting their ability to increase brand awareness and demand generation.”
Verizon partners with Tesco to transform global opportunities
London — Verizon is migrating Tesco to a single global network infrastructure, which will underpin Tesco’s ongoing application and infrastructure centralization program.
Verizon is providing secure connectivity to link Tesco’s suppliers, partners, customers and colleagues in 12 countries around the globe. Importantly, the new network infrastructure also offers a solid foundation from which Tesco can consistently deliver key business applications to all stakeholders. This will enable Tesco to roll out new technologies and services more quickly and effectively, while also achieving significant cost efficiencies.
Verizon’s technical expertise is a key enabler for Tesco’s global transformation, which aims to connect customers to quality products, affordably and conveniently; connect producers and suppliers to new markets, at home and abroad; and connect its business to its communities and help address social challenges.
Tomas Kadlec, group infrastructure IT director at Tesco Stores Limited, said: “Verizon is helping us to consolidate, centralize and converge our infrastructure across the world. This marks a step change for Tesco in terms of both security and managed networked services. The cutover to the Verizon network has gone exceptionally well, accordingly to plan and within the agreed framework.”
Mike McNamara, Tesco’s chief information officer, added: “Verizon has the scope and expertise to help us deliver on our vision wherever we are around the globe. Whether in our stores, online, or on the move, we need our infrastructure to support our business goals. Verizon combines technology innovation with pragmatic application to help us build solutions for today, and platforms to support the future of retail. We are looking forward to delivering the results of this collaboration to our stakeholders around the globe.”
Jewel-Osco president to retire
CHICAGO — Jewel-Osco president William Emmons is retiring less than a year after taking the helm at the grocery chain, which is now part of New Albertsons Inc., according to a Chicago Tribute report.
The Chicago grocer has tapped Jim Rice, who has served as VP of operations since August, to take the reins on a interim basis, the Chicago Tribute reported. Rice has worked for Albertsons for more than 35 years.
Rice began his career as a part-time associate with the goal to become a store director, which he achieved in Southern California in 1986. From there, he was promoted to district manager in both Florida and Las Vegas, roles which prepared him to be VP of the Northern California division and later the president of the Southwest division.
In February 2013, it was announced that Emmons would head Jewel-Osco. Emmons was formerly president of the southern division and returned to the company following his 2010 retirement. He began working at Albertsons in 1971.