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Retailers Strike Back in Mobile Wars With … People

“Previously you’d have expected store staff to be educated about the products and the brand,” said Geoffrey Handley, co-founder and CEO of mobile agency The Hyperfactory. “Now, nine out of 10 consumers know much more than the store staff because they have the tools to educate themselves.”

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As Shoppers Become More Tech-Savvy, Stores Look to Smartphones, Tablets as Must-Have Service Tools

In an age of the check-in and snazzy, location-based technology, the latest in mobile apps for stores harkens back to the bedrock of retail: service.

“The future of commerce is the history of commerce, going back to the days when Sam Walton knew everyone that walked through the store. We can do that with mobile,” said Gibu Thomas, senior VP-mobile and digital, WalmartGlobal e-Commerce.

Neiman Marcus iPhone app helps connect customers with their favorite sales associates.

Neiman Marcus iPhone app helps connect customers with their favorite sales associates.

As more shoppers use smartphones to find lower prices or research products while browsing the aisles,  many retailers are beginning to arm staff with the same tools.

“You can’t put the genie back in the bottle,” said Michael Murray, Sears Holdings Corp.’s‘s chief marketing officer for e-commerce. “Price is part of the decision-making process, but so is making sure you’re able to serve that customer. If you’ve helped facilitate [a sales decision], people will often buy there, but some will not.”

Utilizing an asset that e-retailers will never have — people in stores — Sears has deployed thousands of tablets to sales staff to help provide shoppers with information. Other retailers, including Lowe’s, Gap, Nordstrom and Macy’s, are investing in smartphones and tablets, both as tools for sales associates and as displays where customers can access information.

“Previously you’d have expected store staff to be educated about the products and the brand,” said Geoffrey Handley, co-founder and CEO of mobile agency The Hyperfactory. “Now, nine out of 10 consumers know much more than the store staff because they have the tools to educate themselves.”

Retailers hope to tip the scales back in their favor.

for more go to http://adage.com/article/digital/retailers-strike-back-mobile-wars-people/233358/?utm_source=digital_email&utm_medium=newsletter&utm_campaign=adage

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John Mahfood “I Listed on the JSE to Raise Capital for My Business”

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JSE Online Trading Platform

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Grace Stockholders To Vote On 3-for-1 Stock Split Today

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Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

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UK Loses S&P Triple A Rating

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The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

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Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

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Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.

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