Shrinking Packages Have Consumers Paying the Same Price for Less on Everything, Including Toilet Tissue, Orange Juice and Bacon

Some companies are packaging bacon in 12-ounce portions instead of the former standard of 16 ounces -- a full pound.
The shrinking amount of bacon isn't the only thing fooling you at the grocery store.
The trend of shrinking packages is because of "input inflation." The high costs of ingredients and production have forced some manufacturers to give consumers less product for the same price.

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Retailers' 15 Most Annoying Habits

As the U.S. economy limps out of recession, retailers need to fight for every dollar. But the tactics they use to get customers to spend extra are clearly wearing thin.
We asked our readers to tell us what tricks of the retail trade they find most annoying -- and we received nearly 350 submissions. One thing is clear: American shoppers are getting wise to the sneaky ways stores get you to buy more, especially when it comes to promotions, sales and discounts.
Here are the 15 sales-boosting techniques our readers hate most:
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Rediscovering the art of selling

Even after researching products on their own, many customers still enter stores undecided about what to buy. For retailers, that’s an opportunity.

Retailers as far back as the legendary pioneer Marshall Field once focused intensely on clinching sales once customers walked into stores. But recently, the industry has been missing opportunities to make sales. New technologies, extensive retailer Web sites, mobile-shopping tools, and in-store Internet kiosks have separated customers from sales associates. Content to let consumers research products independently, many retailers have been reducing in-store sales staff and eliminating commission-based models. This approach has resulted in lower costs, but it has also reduced incentives for those left on the floor to make sales.

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Macy's 'magic mirror' lets shoppers don virtual clothes

Macy's shoppers can now check their look in a "magic mirror" in a fitting room, thanks to touchscreen computing.
A large mirror, linked up to a touchscreen tablet computer, lets visitors to the iconic department store chain's flagship New York location scroll through their options, then digitally "try on" clothes in the mirror.
Then they can get quick feedback from friends by posting their image to Facebook or sending it in an e-mail or text.


Young Adults Strongly Prefer Offline to Online Sources for Marketing Offers, Research Reveals

Six years after the launch of Facebook, North American consumers in the valued 18-34 year-old demographic prefer by a wide margin to learn about marketing offers via postal mail and newspapers rather than online sources such as social media platforms, according to national survey research from ICOM, a division of Epsilon Targeting.

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Can Technology Help Fashion Etailers Tackle "Try Before You Buy?"

In the early days of e-commerce, fashion brands were hesitant about selling online for two main reasons: fear that online distribution would dilute exclusivity and suspicion that consumers would never buy luxury fashion they weren’t able to physically try on.
Nonetheless, in 2009, in the midst of The Great Recession, the online luxury market grew by 20%, a rate that’s expected to accelerate through the close of 2010, and online fashion retailers at both ends of the spectrum, from Net-a-Porter to Asos, the UK’s largest online-only fashion store, are reporting rapid growth.

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4 Trends From The World Of Vending Machines

A look at some of the big ideas to emerge within the vending machine industry, taking the notion of 24-hour, self-serve into entirely new territory.


Why Walmart struggles in India

As Indian firms keen to tap the retailing giant's global network prepared their pitches, the Indian government gave the first concrete sign that it may be ready to open up its potentially huge retail market to foreign investors — an opportunity that America's largest retailer has been chasing for as many as 20 years.


Ads are Watching: Digital Signage Needs Privacy Standards

The digital signage industry has established a burgeoning offline version of the behavioral advertising that currently occurs online. Digital signage companies increasingly use facial recognition, RFID, Bluetooth, and other technologies to track consumers and tailor ads to their personal information. Several uses of these technologies have proven controversial, and some systems‚ such as one using license plate scanners, have been scrapped altogether due to privacy issues

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Coca Cola Still on top of the World

Despite not matching the top technology companies in soaring value, Coca Cola remains the top brand in the world. The order of the next three are as follows – IBM, Microsoft, then Google. These results are part of the top 100 brands in the world presented in Interbrand’s 11th annual edition of the world’s best global brands. Coca Cola now practically owns the top spot, as they have been ranked best of the best 11 years in a row.

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