Is there a future for department stores?

Retail Drive shares an interesting history of North American department stores and their transformation from having personal stylists and babysitting to being cramped with products, sales and all being the same. Read the full article here.

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NHL Buys Carbon Credits

The National Hockey League said it would purchase carbon credits to offset airline emissions of heat-trapping greenhouse gases during the Stanley Cup playoffs. It’s exciting to see the slow but gradual adoption of leveraging carbon credits to help a business offset CO2 emissions and help the planet! Read the full Globe and Mail article here

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Compugen Finance launches carbon-neutral computer

Compugen Finance is breaking ground with a new initiative: offering customers a carbon-neutral computer. Compugen Finance quantified the CO2 emissions reductions generated by the refurbishing and reselling process and presented its findings to the Canadian Standards Association, which approved the methodology and registered the carbon credits. By acquiring a carbon neutral computer you are promoting re-use and helping address climate change. Read the full Globe and Mail Article here.

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US Thanksgiving weekend sales continue to break records

Adobe Analytics data shows that US Thanksgiving day sales increased across the board from 2017. Thanksgiving Day (sales increase of 28 percent to $3.7 billion), Black Friday (23.6 percent, $6.2 billion),  the Saturday-Sunday period (25 percent, $6.4 billion), and as of 9:30 p.m., Cyber Monday was on pace to hit $7.9 billion in sales, up 19.7 percent over Cyber Monday 2017. The full season thus far (November 1 to 26) has driven $58.5 billion in online sales, a 19.9 percent increase. Every single day has driven sales of more than $1 billion online.

Moreover, with regard to Adobe’s data on Cyber Monday, the firm found that Cyber Monday was also a record-setting day for sales on smartphone devices.  Read the full summary on Dealerscope’s article here

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Strong customer demand makes Versa the fastest selling product in Fitbit history

With female health tracking, Fitbit users can better understand their overall health and wellness by accessing their data all in one place. Combined with the user’s sleep and activity data, Fitbit is providing a way for its users to gain a better understanding of how their cycle impacts other aspects of their health and wellness, while also potentially creating one of the largest databases of female health.
Read more at http://www.stockhouse.com/news/press-releases/2018/06/05/fitbit-ships-more-than-one-million-fitbit-versa-devices-over-two-million-use#a1ieMUKkeXJA203U.99

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Odyssey Partners Recognized For Entering Year 7 of MANA Membership

Odyssey Partners is proud to be a member of Manufacturers’ Agents National Association. MANA is a not-for-profit organization for reps and their principals. Its missions focus on rep and principal education and matchmaking. Educational activities focus on helping reps and principals launch and sustain profitable long-term relationships. Matchmaking activities introduce reps and principals whose products and business models are a sufficiently logical match to launch the interview process.

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Best Buy talks the talk with it’s newest branding

“It’s the conversations you have with the customer that lead to the results you’re looking for. How well can you and your team get to know the customer, the situation they’re facing, what it is they are trying to accomplish?” See what else Rob Scott has to say about Best Buy’s new branding at https://www.dealerscope.com/post/new-best-buy-branding-gets-absolutely-correct

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Amazon launches new private-label pet brand Wag

Amazon released it’s first Small Business Impact Report, and launches private-label pet food.

Get all the details here https://www.retaildive.com/news/amazon-launches-new-private-label-pet-brand-wag/522750/

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Fitbit and Google want to help users get more personal care

Fitbit is teaming up with Google to connect it’s wearable devices to the healthcare system allowing healthcare providers access to users tracking details in the hopes of allowing Doctors to be able to provide more personalized care. You can find more details on SportTechie’s article by Jen Booton

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Do you think of Amazon when clothing shopping?

As more brands choose to sell on Amazon more department stores are losing their market share. Retail Dive explains how Amazon is edging closer to No. 1 in US apparel

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