First Insight At NRF '18

Event Recap

EXHIBITOR BIG IDEAS SESSION
"RETAIL DISRUPTION: THE SCIENCE OF PRICING AND COMPETitIVE DIFFERENTIATION"

At Retail’s BIG Show 2018, First Insight hosted a panel discussion focused on the rise of disruptive technologies and their effects on consumer shopping habits, and ultimately, the retail industry.

The 3 Things Successful Retailers Have In Common

Dana Telsey, CEO and Chief Research Officer, of Telsey Advisory Group, discusses the importance of product innovation, speed of product development and delivery, and data-driven management in retail.

Understanding How to Compete on Price

Richard Flaks, SVP Planning and Allocation at Chico's FAS, outlines the company’s approach to pricing and how they use consumer-driven analytic tools to understand when to raise and lower prices on new products.

How Retailers Are Redefining Their Leadership Teams

Les Berglass, Founder, Chairman and CEO of Berglass + Associates, discusses how C-level leadership has evolved in the current retail environment, reflecting the overall need to embrace the future and the accompanying technology.

increasing Value in the market

William Susman, Managing Director of Threadstone Advisors, discusses the need for companies to identify the impact that markdowns can have on companies of all sizes.

The Expectation of Discounts

William Susman comments on the prominent practice of discounting products and the difficulty of operating under constant promotions.

Adding Insight to Intuition

"Merchants only get the decision right 40% of the time."

Karen Ezkorn elaborates on the importance of engaging consumers by discussing the benefits of supplementing merchant decisions with insights for the best results.

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RETAIL’S DISRUPTORS DRIVING AFFLUENT CONSUMERS TO SHOP FOR DISCOUNTS

First Insight conducted a consumer survey that examined retail industry disruptors that could be driving shopping behaviors and purchase decisions. Download the infographic today!

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