60-second Retail

eCommerce Pure Plays go from Digital Only to IRL

07 Aug 2023

Contributed by Lukas

Why are eCommerce retailers opening physical stores at a time when most other retailers are looking to shrink their footprint? What benefits come wit...

Is Social Media the New Source of Inspiration for Product Design?

31 Jul 2023

Contributed by Lukas

Is social media a viable platform for retailers to source product design inspiration? Are there any hurdles for retailers looking to implement this r...

Dollar Stores Give High-end Retailers a Run for Their Money

24 Jul 2023

Contributed by Lukas

Dollar stores seem to be the up-and-coming way to get a good deal on products, with social media influencers and real-life TV stars touting deals. Why...

Does Downsizing Staff Impact the Customer Experience (CX)?

17 Jul 2023

Contributed by Lukas

Can you downsize your retail staff without negatively impacting the customer experience? Does downsizing effect the consumer’s desire for hyper-per...

Increased Minimum Wage Impacts a Retailer's Need for Technology

10 Jul 2023

Contributed by Lukas

How does the recent increase of minimum wages seen in states recently impact a retailers need for technology? If a retailer is decreasing headcount an...

Critical Components to a Retailer's ESG Strategy & Complying with New Laws: A UFLPA Update

26 Jun 2023

Contributed by Lukas

The next generation of consumers is hyper focused on ESG efforts and ensuring the companies they buy from are too. So much so, this generation is both...

Retail Theft - Part 2: Recovery and Insurance Tips

19 Jun 2023

Contributed by Lukas

In this episode, the second in our two-part mini-series dedicated to retail theft, we are joined by Drew Olson, Partner in Forensic Insurance & Re...

Retail Theft - Part 1: Technology's Role in Prevention

12 Jun 2023

Contributed by Lukas

In this two-part mini-series dedicated to retail theft, we explore how to both prevent and respond to an incident when it occurs. While technological...

Elastic Websites Drive Time on Site

02 Jun 2023

Contributed by Lukas

What is an elastic website? What are the benefits of migrating over to technologies that enable this? And where do retailers even start if they are lo...

Mapping the Customer Journey to the CX

22 May 2023

Contributed by Lukas

The difference between the customer journey and the customer experience (CX) is extremely important to understand. Of equal importance, is being able ...

The Dynamic Shopping Experience Value Proposition

15 May 2023

Contributed by Lukas

What is a dynamic shopping experience? Why is implementing this so important for retailers? And what is the value proposition in creating these expe...

NFTS Drive Omnichannel Relationships for Retailers

08 May 2023

Contributed by Lukas

What exactly is an NFT? And how can they be leveraged to improve a company's digital presence and build relationships with consumers? Tune into this...

Virtual Branding's Rapid Evolution

01 May 2023

Contributed by Lukas

Now that the Metaverse has been around for a bit, have brands changed the way they are leveraging this important platform? Are there any lessons to be...

Is There a Retail Talent Shortage?

24 Apr 2023

Contributed by Lukas

Headlines as of late are reporting mass talent shortages across a variety of industries. But is there a talent shortage happening in the retail indus...

Resale Grows Beyond Apparel

14 Apr 2023

Contributed by Lukas

Resale has been steadily gaining momentum in some unusual categories. In this episode we dive into some of the staggering growth statistics we've bee...

Is There a New Business Attire Category on the Market?

10 Apr 2023

Contributed by Lukas

We’re seeing a shift in the types of clothes that consumers are purchasing as of late, with more business attire flying off the shelves at a lot of ...

Retail in the Red 2H 2022

03 Apr 2023

Contributed by Lukas

How does 2023 compare to 2022 when it comes to retail bankruptcy filings and store closures? Are certain segments in a better position than others? W...

BNPL: A Debt Timebomb in the Making?

08 Mar 2023

Contributed by Lukas

BNPL is great for consumers and has taken off in recent years, but is it viable for retailers? What economic factors and risks need to be taken into ...

International Edition: Retail Trends Across the Pond and Stateside

08 Mar 2023

Contributed by Lukas

Are retailers across the globe facing the same challenges as we are stateside? What do we stand to learn from retailers in the UK, who may be taking ...

CFO Outlook: P3 - Specialty Retailers Speed Ahead with Digital Innovation

27 Feb 2023

Contributed by Lukas

What retail sector is speeding ahead in the digital innovation race and how are they doing this? What can you borrow from these digital gurus to stre...

CFO Outlook: P2 - Retail Supply Chain Strategies Take Center Stage in 2023

20 Feb 2023

Contributed by Lukas

How are Retail CFOs planning to deal with the fallout from supply chain strains that have left them at times with not enough inventory, and at other t...

CFO Outlook: P1 - Retailers Build Resiliency in the Face of a Potential Recession

13 Feb 2023

Contributed by Lukas

Why are retailers planning to take on debt even in the face of a potential recession? Who are the most vulnerable retailers as the economic volatilit...

How the Drop in US Education Will Impact the Retail Workforce

30 Jan 2023

Contributed by Lukas

The U.S. college enrollment fell for the 3rd consecutive year since the pandemic, and there has been a drop in high school graduation in many states. ...

An Interesting Evolution in Retail Partnerships

23 Jan 2023

Contributed by Lukas

With the retail partnership space rapidly evolving, there's a new hybrid format that’s taking off. Big box retailers are renting out retail space in...

The Corporate Cut in Retail

17 Jan 2023

Contributed by Lukas

Why has the retail industry seen so many corporate job cuts over the last few months? How does this move reconcile with the need to create an employe...

Mixed Signals in the Retail Supply Chain

09 Jan 2023

Contributed by Lukas

With shipping charges decreasing on the international front, and last-mile delivery companies announcing poor performance predictions on the domestic ...

Excess Inventory Tax Strategies

04 Jan 2023

Contributed by Lukas

How can retailers use extra inventory to lower their total taxable income? What tax benefits might there be for a retailer who chooses to donate exce...

How the New Tax Regulations Impact Retail

02 Jan 2023

Contributed by Lukas

Now that the Inflation Reduction Act (IRA) has been rolled out with a new book minimum tax in place, are there any implications that retailers need to...

Navigating Another Uptick in Shrinkflation

19 Dec 2022

Contributed by Lukas

Are consumers so programmed to see price increases that another uptick in shrinkflation doesn’t even matter? Can retailers double down with increase...

Preholiday Sales - Strategic Success or Bust?

30 Nov 2022

Contributed by Lukas

Many retailers have been testing a variety of pre-holiday sales formats well in advance of the typical holiday shopping season - including Amazon, Tar...

The Impact of Interest Rate Hikes before the Holidays

28 Nov 2022

Contributed by Lukas

With a 4th interest rate hike approved just before the holidays, what impacts can retailers expect? What is the macroeconomic effect of companies borr...

ESG in Retail (Part 3): Ethical Consumerism

14 Nov 2022

Contributed by Lukas

What's happening with governance practices and policies in the retail sector? What is ethical consumerism? And why is this so important to a retailer...

ESG in Retail (Part 2): Employee Experience & Labor Practices

07 Nov 2022

Contributed by Lukas

What can retailers do to improve their employee experience? What labor practice concerns should be top of mind for retailers? In this episode, the 2n...

ESG in Retail (Part 1): The Circular Economy

31 Oct 2022

Contributed by Lukas

Why is ESG so important for retailers to pay attention to and incorporate into their business strategy? What are some top environmental concerns and ...

Today's Critical Retail KPIs

24 Oct 2022

Contributed by Lukas

With the rapid evolution of the retail industry over the last few years, have the critical KPIs for retailers changed? Tune into this episode to hear...

How Better Technology & Data Support Your Supply Chain

17 Oct 2022

Contributed by Lukas

How can technology and data analytics support the retail supply chain? Why are strategic investments in the retail tech stack so critical? In this ep...

Returns & the Rise of eCommerce

10 Oct 2022

Contributed by Lukas

Along with the growth of e-Commerce comes growth in returns. What are some of the important operational areas for retailers to examine to insure they ...

AI Opportunities in Retail

03 Oct 2022

Contributed by Lukas

What pain points AI can help relieve for retailers? How does AI analysis of data differ from traditional data analysis in improving the bottom line? ...

Retail in the Red 1H 2022

26 Sep 2022

Contributed by Lukas

The Brand D2C Shift

12 Sep 2022

Contributed by Lukas

Another paradigm shift seems to be underway in the retail sector and it’s being led by some well-known brands - moving to a direct to consumer (D2C)...

Building an Effective Customer Loyalty Program

05 Sep 2022

Contributed by Lukas

Why do retailers need to evolve their customer loyalty programs to better retain customers? How can loyalty programs be leveraged to drive additional...

Fad or Future? (Part 3): Cybersecurity in the Metaverse

22 Aug 2022

Contributed by Lukas

In this last episode of our “fad or future” mini-series we talk with Ric Opal, Cybersecurity National Leader at BDO USA, who lays out some of the ...

Fad or Future? (Part 2): Selling Virtual Goods in the Metaverse (NFTS)

15 Aug 2022

Contributed by Lukas

What exactly is an NFT? What do retailers need to know about NFTs? And how can NFTs be leveraged as part of a successful business strategy? Listen i...

Fad or Future? (Part 1): Using the Metaverse to Build Brand Loyalty

08 Aug 2022

Contributed by Lukas

Why is the metaverse so important for retailers to pay attention to? How can the metaverse be leveraged to build brand loyalty? In this episode, the ...

Robotics in Retail

01 Aug 2022

Contributed by Lukas

Are drones and robots a viable delivery method alternative for retailers? Will robots replace the retail workforce or compliment it? In this episode...

Future of the Mall: Green Infrastructure

27 Jul 2022

Contributed by Lukas

Is the mall dead? Or is there a reinvention underway in one of the most American retail environments we know? Listen in as Ross Forman, Managing Dir...

Inflation Pressures on Retail (Part 3): Store Rationalization Strategies

25 Jul 2022

Contributed by Lukas

Could store rationalization and innovation be strategically leveraged to weather the inflationary storm retailers are finding themselves in these days...

Inflation Pressures on Retail (Part 2): Real Growth vs. Inflation

18 Jul 2022

Contributed by Lukas

Is the reported increase in sales revenue in the retail sector really an increase? Or is that inflation looming in the background? In this episode, ...

Inflation Pressures on Retail (Part 1): Shrinkflation

13 Jul 2022

Contributed by Lukas

What are some of the strategies retailers are employing to combat shrinkflation? How will shrinkflation impact the Back To School season that's right ...

Store Expansion in Uncertain Times

11 Jul 2022

Contributed by Lukas

In these uncertain times of increased interest rates, consumer confidence concerns and rising inflation, some retailers are still forging ahead with s...

The Impact of Increased Interest Rates on Retail

29 Jun 2022

Contributed by Lukas

Now that the Federal Reserve has raised interest rates to combat inflation, what will the impact be to the retail sector? And will there be a forthco...

Has the Retail Supply Chain Evolved?

27 Jun 2022

Contributed by Lukas

A slew of variables including the pandemic, inflation and increased interest rates have wreaked havoc on the retail supply chain. But troubled times ...

GVC Series (Part 3): Global Tax Landscape Impacts

20 Jun 2022

Contributed by Lukas

In this episode, Peter Terilli, Managing Director in the Global Value Chain & International Tax group at BDO USA helps us wrap up our mini-series ...

GVC Series (Part 2): Product Sourcing & Production Materials

13 Jun 2022

Contributed by Lukas

How are retail companies managing product sourcing issues during the supply chain delays? What are the potential challenges for companies looking to e...

GVC Series (Part 1): Storage, Shipping & Freight Management

06 Jun 2022

Contributed by Lukas

What is global value chain and why is it important? How does GVC help retailers cope with supply chain challenges? What are the consequences of gett...

Youtube - QVC for a New Generation

31 May 2022

Contributed by Lukas

Is Youtube the QVC for a new generation? With the combination of live stream shopping, influencers and new ad formats providing a heightened way for ...

Changes & Evolving M&A Strategies in Retail

23 May 2022

Contributed by Lukas

In this episode we are joined by Ted Vaughan, Managing Partner and Industry Leader of the Southwest region in Auditing at BDO USA to talk about how th...

Private Equity’s Impact in Retail

16 May 2022

Contributed by Lukas

When is a PE partnership a good idea for retailers? What are some of the key factors that make for a successful partnership in this space? In this epi...

Cryptocurrency in Retail

09 May 2022

Contributed by Lukas

What opportunities does cryptocurrency provide for retailers? In this episode we are joined by Anthony Ferguson, Audit Partner and National Industry L...

The Retail Subscription Service Comeback

03 May 2022

Contributed by Lukas

In this episode we are joined by Paige Lustbader, Audit Director in the Retail & Consumer Products industry group at BDO USA, to talk about an int...

Retail Real Estate Outlook (Part 2): Retailers

25 Apr 2022

Contributed by Lukas

In this episode, Ross Forman, Managing Director in the Workplace Operations & Strategy Group at BDO USA, is back for part two of our retail real e...

Retail Real Estate Outlook (Part 1): Investors & Owners

18 Apr 2022

Contributed by Lukas

In this episode, the first of two dedicated to our retail real estate outlook, we are joined by Ross Forman, Managing Director in the Workplace Operat...

Forced Labor in Retail

11 Apr 2022

Contributed by Lukas

In this episode, we discuss new ESG policies around forced labor being implemented stateside that will impact retailers in a big way. We are joined b...

Combating Retail Brand Erosion

04 Apr 2022

Contributed by Lukas

Brand loyalty is imperative to a thriving retail business. The ongoing supply chain shortages many retailers face today can lead to a lack of product...

Unclaimed Property Considerations for Retailers (i.e. Escheatment)

28 Mar 2022

Contributed by Lukas

2022 CFO Outlook: Innovating for the New Reality

14 Mar 2022

Contributed by Lukas

2022 CFO Outlook: Strain on Supply Chains

09 Mar 2022

Contributed by Lukas

2022 CFO Outlook: Retail Resilience

07 Mar 2022

Contributed by Lukas

Retail Outlook for 2022: Three Trends to Watch

14 Feb 2022

Contributed by Lukas

The eCommerce Spin-off

07 Feb 2022

Contributed by Lukas

Related InsightSALT Considerations of Purchasing or Selling an e-Retail Business InsightThis insight covers some of the many local tax considerations ...

Supply Chain Surplus (Part 2): Efficient Storage of Delayed Inventory

31 Jan 2022

Contributed by Lukas

Supply Chain Surplus (Part 1): Handling Excess Inventory

24 Jan 2022

Contributed by Lukas

BNPL's Impact on Consumer Spending

19 Jan 2022

Contributed by Lukas

Consumer Concerns About Inflation

17 Jan 2022

Contributed by Lukas

Retail Demand Generation Series – Leveraging Technology for Demand Execution (Part 4)

12 Jan 2022

Contributed by Lukas

Retail Demand Generation Series - Demand Expansion (Part 3)

10 Jan 2022

Contributed by Lukas

Retail Demand Generation Series - Demand Management (Part 2)

05 Jan 2022

Contributed by Lukas

Retail Demand Generation Series - Demand Creation (Part 1)

03 Jan 2022

Contributed by Lukas

The Growth of Shoppable Media & Micro-Influencers

20 Dec 2021

Contributed by Lukas

Shoppable media and micro or nano influencers. What are they and why are they rapidly evolving the in the retail space? Listen to this episode as we...

Sustainability in Retail (Part 2): Products & Customer Experiences

13 Dec 2021

Contributed by Lukas

Many customers want to actively take part in eco-conscious retail by purchasing sustainable products and having options for low-carbon returns. They a...

Sustainability in Retail (Part 1): Supply Chains & Manufacturing

06 Dec 2021

Contributed by Lukas

Consumers have become more concerned about their carbon footprint, as climate change becomes an increasing risk. If your retail brand is not a sustain...

Augmented Reality for eCommerce/Mobile Commerce

29 Nov 2021

Contributed by Lukas

Augmented reality, a trend on the rise in the retail industry, is something we've been keeping a close eye on and as a retailer, you should too. In t...

Back to the Future: The Purpose of Place

15 Nov 2021

Contributed by Lukas

As things get back to normal, it seems brick-and-mortar is back, but in a rebooted way. How has the purpose of retail store and format changed in a p...

The New Retail Experience

08 Nov 2021

Contributed by Lukas

With the slew of changes that came about because of COVID in consumer behavior and shopping experiences, how can retailers leverage these for success?...

Re-envisioning & Re-purposing Store Real Estate

01 Nov 2021

Contributed by Lukas

Retailers can improve their real estate investments by repurposing their existing footprint. Ross Forman, Managing Director in the Workplace Operatio...

What Retailers Need to Know About Demand Forecasting

25 Oct 2021

Contributed by Lukas

How can retailers use demand forecasting to accurately predict what and how much consumers will purchase? In this episode we look at the state of ret...

SPACS in Retail (Part 2): Advice for Retailers Going into a SPAC

18 Oct 2021

Contributed by Lukas

What are some key actions retailers can take today if they are looking to go into a SPAC? In this episode, Michael Stevenson, Partner and National Pr...

SPACS in Retail (Part 1): Reverse Mergers into SPACS

11 Oct 2021

Contributed by Lukas

In this episode, we are joined by Michael Stevenson, Partner and National Practice Leader in Accounting & Reporting at BDO USA, who helps us bette...

VBA Assessment Series – Issue 4

04 Oct 2021

Contributed by Lukas

In this episode Anthony Alfonso, Principal & Leader of the Valuation & Business Analytics group at BDO USA, is back to give us an update on ho...

The Capital Market Environment in Retail

27 Sep 2021

Contributed by Lukas

Although the COVID-19 pandemic has created unprecedented challenges for many consumer discretionary companies, retailers can still make themselves att...

Employee Attraction & Retention for Busy Season

20 Sep 2021

Contributed by Lukas

As busy season rapidly approaches, retailers need to act quickly to attract and retain employees in the post-pandemic job market. In this episode, we...

Increasing Freight & Shipping Rates

13 Sep 2021

Contributed by Lukas

As of late, many headlines have spotlighted the drastically increasing rates of shipping and freight creating a lot of concern across the retail indus...

Retail in the Red: Bankruptcy and Store Closure Figures for 1H 2021

06 Sep 2021

Contributed by Lukas

According to data published in the recent Retail in the Red report, it appears retail may truly be on the rebound. First half sales were on the rise ...

What Will Back-to-school Look Like in 2021?

30 Aug 2021

Contributed by Lukas

After a soft back-to-school season in 2020, retailers must be ready for this season to return in full swing with students nationwide going back to in-...

Supply Chain Strategy Deep Dive: Transportation & Logistics (Part 6)

16 Aug 2021

Contributed by Lukas

In the last episode of our deep dive series on supply chain strategy with John Krupar, Managing Director in the Value Creation Practice at BDO USA, we...

Supply Chain Strategy Deep Dive: Distribution & Warehousing (Part 5)

09 Aug 2021

Contributed by Lukas

Continuing our series on a supply chain strategy deep dive, John Krupar, Managing Director in the Value Creation Practice at BDO USA, joins us again t...

Supply Chain Strategy Deep Dive: Manufacturing Strategy (Part 4)

02 Aug 2021

Contributed by Lukas

In the face of COVID protocols, the supply chain disruption and the continuously changing governmental lock-down orders, what can companies do to keep...

Supply Chain Strategy Deep Dive: Inventory Management (Part 3)

26 Jul 2021

Contributed by Lukas

In this episode we explore the “Just-in-Time” inventory model in place throughout the consumer goods industry, and how unusual buying patterns hav...

Supply Chain Strategy Deep Dive: Sourcing & Supplier Management (Part 2)

19 Jul 2021

Contributed by Lukas

How does a retailer know if they are paying too much in materials and services? What should retailers look for as they assess their strategic sourcin...

Supply Chain Strategy Deep Dive: Overall Strategy & Network Optimization (Part 1)

12 Jul 2021

Contributed by Lukas

In this episode, the first of our deep dive series on supply chain, we take a look at overall supply chain strategy and network optimization with our ...