Celect, Inc.
Celect, Inc.
Blog Post
  • "The customer is dictating the way they want to shop and what their new level of service is—we just all need to catch up to them.” – Karen Walter, SVP of Planning & Allocation at Aéropostale  Retailers have more data than ever before. However, introducing new technology to leverage data more effectively throughout the merchandising process is a daunting—yet critical task. In our latest web...

Celect, Inc.
Celect, Inc.
Blog Post
  • Most news outlets seem to cover the changing retail landscape with near-weekly stories on store closings and bankruptcy filings. Even outside of the fact that articles with high click-rates beget other similar articles, which in the case of retail generally include household names with a significant nostalgic punch—there certainly is a dramatic change in the industry. However, we should not tak...

Celect, Inc.
Celect, Inc.
Blog Post
  • Unfortunately, anticipating demand isn’t as straight-forward as it once was. People shop whenever and wherever, leveraging each and every available retail channel. This makes it really difficult for retailers nowadays. Increased access also increases consumer expectations across channels—shoppers expect a seamless experience and alignment among brands, products, and choices both physically an...

Celect, Inc.
Celect, Inc.
Blog Post
  • “Determining appropriate inventory levels is one of the most important and most challenging tasks faced by operations managers. If you carry too much inventory, you tie up money in working capital; if you don’t carry enough inventory, you face stockouts.” – Crack the Code: Understanding Safety Stock and Mastering Its Equations, MIT Overstocks and out-of-stocks. A double-edged sword. If your...

Celect, Inc.
Celect, Inc.
Blog Post
  • The future of retail relies heavily on fulfillment. Over the past decade, delivery expectations have surged. Two-day and one-day shipping is emerging as the new norm. Retailers continue to move towards shorter delivery times, yet most cannot deliver products profitably within three to five days. At NRF earlier this year, our CTO, Vivek Farias, made a bold prediction: within the next ten years...

Celect, Inc.
Celect, Inc.
Blog Post
  • It’s a telling time for retail. In spite of the brief reassurance from last year’s unexpected boost in sales, there’s still a lot of work to do. A fundamental shift in the way things were done in the past is finally unraveling across the industry, and is best encompassed by one recent announcement from Nordstrom after their Q4 earnings reports: “Nordstrom will no longer separately report sal...

Celect, Inc.
Celect, Inc.
Blog Post
  • Easy is better, easiest is best they say. Who’s they? Consumers. Consumers demand convenience. This is what it really boils down to –all the change shaking up the retail industry. Consumers want it now, easy and free. “[T]he battle for convenience is the battle for industry dominance. […] Convenience is one-click, one-stop shopping, the seamless experience of “plug and play.” The ideal is ...

Celect, Inc.
Celect, Inc.
Blog Post
  • There’s no easy way to trulyknow how the future will pan out. We anticipate certain outcomes from what we know—like the fact the Patriots won over five Super Bowl championships or that your women's cold-shoulder sweaters sold 500 units last season. With this historical data at hand, it would seem logical to place our bets on past performance. And, as you know, merchants are constantly making ...

Celect, Inc.
Celect, Inc.
Blog Post
  • A sigh of relief for retailers who welcomed the new year accompanies a sense of apprehension as brands survey the unsettling waters of the retail landscape for 2018.  What can be done differently? How can we be better?  These pressing questions, I’m almost certain, crossed most retailer’s minds.  

Celect, Inc.
Celect, Inc.
Blog Post
  • The impact of the holiday season for most retailers isn’t entirely clear yet and won’t be until after the New Year. However, based on what is available so far, I’d say it’s looking pretty good for most. :) From overall retail spend to post-Christmas opportunities, the most successful retailers are pushing through the end of an incredibly disruptive year to reach the bright light at the end of ...

Celect, Inc.
Celect, Inc.
Blog Post
  • I think we can all agree it’s been a crazy year for retail, filled with disruption, e-commerce pressures and record store closings. Not to mention strange partnerships, major acquisitions, and numerous bankruptcies.  As the year comes to an end, the ups AND downs in the retail industry over the past 365 days are clearly up for review. Let’s take a deeper look at what happened in 2017, along wi...

Celect, Inc.
Celect, Inc.
Blog Post
  • I can’t believe the end of the year is right around the corner. Wipe the sweat off your forehead because you just survived 2017 (well, almost)—a major feat in retail considering the numerous bankruptcies and store closures we’ve witnessed the past year. That aside, the fashion industry is undergoing a tremendous transformation, leaving a vacuum open for new competition and LOTS of expe...

Celect, Inc.
Celect, Inc.
Blog Post
  • Happy Turkey Day everyone!  The biggest shopping weekend of the year is just hours away! This year an estimated 164 million people are planning to shop or are considering shopping during the Thanksgiving weekend, according to an annual survey by the National Retail Federation.   

Celect, Inc.
Celect, Inc.
Blog Post
  • Earlier this year, predictions were made left and right about how the holiday shopping season will fare for retailers. Now that we’re right in the midst of the season (which arguably started as early as October), year-over-year holiday spending growth forecasts appear higher than initial predictions made in August—which expected a 3.1% rise in holiday sales.

Celect, Inc.
Celect, Inc.
Blog Post
  • Nowadays it seems like everything is based on a month-to-month subscription. Just think of all the subscription services you’re paying for right now (at least four come to mind for me). While the subscription-based model isn’t entirely new—originally pioneered by newspapers and magazines—it continues to grow in popularity. Some of the most recognized subscription services include medi...

Celect, Inc.
Celect, Inc.
Blog Post
  • The best unofficial holiday of the year is tomorrow. I don’t know about you, but any excuse to dress up and eat candy is a win in my book. It’s a win for retailers too, as October marks the point in the year where the holiday season actually starts to feel like the holiday season. Pumpkins, tombstones and spider-web décor take over homes and storefronts, giving us all the fun holidays...

Celect, Inc.
Celect, Inc.
Blog Post
  • We all know Coach. We can all recognize the emblematic "C" stamped across its’ renowned leather handbags from about a mile away. Okay, maybe not a whole mile away, but you get the point. As you may have heard, last week the company unveiled some unexpected news—Coach, Inc. is re-branding to Tapestry. People are not thrilled, to say the least.   

Celect, Inc.
Celect, Inc.
Blog Post
  • 3 Retail Stories Worth Reading from the Last Week (or so) Welcome to your weekly mélange of retail news! This is where we look at the previous week (ish) of retail news, events, and activities to hopefully enlighten your day with a story that may have fallen through the cracks. 

Celect, Inc.
Celect, Inc.
Blog Post
  • It wasn’t too long ago when the news of a computer beating a human at a traditional board game spread across the artificial intelligence community like wildfire. By mimicking the human brain, a computer successfully won against a professional at Go, an ancient eastern board game some AI researchers considered incredibly "computationally demanding." The thought of a computer beating a h...

Out-Market Your Competitors?

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account Log in

By signing up, you agree to the Terms of Service and Privacy Policy.

Out-Market Your Competitors

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account

Already a user?  Log in

By signing up, you agree to the Terms of Service and Privacy Policy.