BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Wal-Mart's Asda lets consumers tell it what to stock in the UK]]>http://www.bloggingstocks.com/2009/07/08/wal-marts-asda-lets-consumers-tell-it-what-to-stock-in-the-uk/http://www.bloggingstocks.com/2009/07/08/wal-marts-asda-lets-consumers-tell-it-what-to-stock-in-the-uk/http://www.bloggingstocks.com/2009/07/08/wal-marts-asda-lets-consumers-tell-it-what-to-stock-in-the-uk/#commentsFiled under: , ,

Wal-Mart Stores Inc. (NYSE: WMT) will soon be allowing customers of its UK-based Asda retail chain to tell it what to stock. Instead of the usual retail "you'll buy it since we ordered it" mentality, Asda will be e-mailing its customers with pictures and descriptions of items available to them from Far East suppliers for feedback. In a word, this is a paradigm shift for retailing.

The idea of real-time (or near-to-it, anyway) feedback from consumers on product trends and other valuable data is an excellent one. It saves frustration from the consumer end and it allows for huge gains in merchandising productivity, inventory turns, and efficiency from the retailer's end. I hope this is successful for Asda, and that Wal-Mart carries the concept into more of its holdings throughout the globe.

Continue reading Wal-Mart's Asda lets consumers tell it what to stock in the UK

Wal-Mart's Asda lets consumers tell it what to stock in the UK originally appeared on BloggingStocks on Wed, 08 Jul 2009 12:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AsdaGOOGGoogleinthenewsWal-MartWal-Mart customersWal-Mart StoresWMTWed, 08 Jul 2009 12:10:00 EST<![CDATA[Can Wal-Mart keep its recession-era customers in the future?]]>http://www.bloggingstocks.com/2009/06/30/can-wal-mart-keep-its-recession-era-customers-in-the-future/http://www.bloggingstocks.com/2009/06/30/can-wal-mart-keep-its-recession-era-customers-in-the-future/http://www.bloggingstocks.com/2009/06/30/can-wal-mart-keep-its-recession-era-customers-in-the-future/#commentsFiled under: ,

When Wal-Mart Stores, Inc. (NYSE: WMT) changed its corporate slogan from "Always Low Prices" to "Save Money. Live Better" over a year ago, little did the retailer know that a recession would pour many new customers into its doors for bargains. With millions of families still strapped for cash, the retailer is still booking green at a time when many retailers are seeing red on the bottom line. The question, then, becomes this: can Wal-Mart retain its newer customer legions once the economy returns to normal (whatever normal is)?

Continue reading Can Wal-Mart keep its recession-era customers in the future?

Can Wal-Mart keep its recession-era customers in the future? originally appeared on BloggingStocks on Tue, 30 Jun 2009 17:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Inc.Wal-MartWal-Mart customersWal-Mart StoresWal-martCustomersWal-martStoresWMTTue, 30 Jun 2009 17:20:00 EST