Actionable Insights From APT's Retail Practice

What’s on tap for restaurants in 2015?

January 15th, 2015 | Posted by retailblogadmin in Restaurants - (Comments Off on What’s on tap for restaurants in 2015?)

In 2014, more restaurants introduced digital ordering, new labor laws caused executives to re-evaluate their staffing models, and restaurants continued to focus on growing sales in slower dayparts. In 2015, we expect the importance of digital to grow, enabling restaurants to focus more on offering customizable options and sending targeted offers to their guests. Meanwhile, as restaurants continue to streamline their menus, new calorie laws will likely lead to healthier options and new menu layouts. From 15 years of experience working with top restaurant organizations, here are key trends for restaurants this year. (more…)

Should CPGs increase focus on consumer data?

January 13th, 2015 | Posted by Evan Newkirk in Manufacturing - (Comments Off on Should CPGs increase focus on consumer data?)

Historically, consumer goods companies have been limited in the ways they can interact with their end consumers and collect data about them.  Retail partners, with their direct contact with the end consumer, have owned the lion’s share of the data, leaving CPGs with access only to data that is shared or can be purchased.  However, in recent years, the evolution of additional channels has allowed CPGs to expand beyond traditional data sources and begin to create their own customer-focused databases. (more…)

What’s on the Shelf in Grocery for 2015?

January 8th, 2015 | Posted by Katheryn McKee in Retail - (Comments Off on What’s on the Shelf in Grocery for 2015?)

In a recent Progressive Grocer article, APT Vice President Jeff Campbell elaborates on five emerging trends within food retail that grocers should watch in 2015. Jeff outlines the following trends:

  1. Personalized Promotions
  2. Turning the Store into a Destination Spot
  3. Catering to Convenience-Focused Consumers
  4. Enhanced Fuel Rewards
  5. Delivery Services

Jeff writes, “As deep-pocketed online players, big box retailers, and convenience and drug stores ramp up their efforts to steal share of wallet from grocery stores, the most successful grocers will be those that can anticipate impending changes and capitalize on the opportunities they create.”

Click here to read the full article.

Top 10 Financial Services Trends for 2015

January 5th, 2015 | Posted by JDouglass in Financial Services - (Comments Off on Top 10 Financial Services Trends for 2015)

APT SVP Will Weidman recently authored an article for Banking Strategies, outlining his top 10 predictions for financial services institutions in 2015. Weidman summarizes, “After years of debate the battle lines have been drawn and it is clear what financial services institutions must do to succeed. In the new world order, the winners will be tech-savvy institutions that constantly innovate while managing expenses carefully.”

Weidman’s 10 predictions for financial services institutions in 2015 are:

1. Drive revenue with online/mobile channels

2. Make smart branch transformation investments

3. Improve relationship management in commercial and wealth management

4. Prepare for rising rates

5. Combat new entrants such as Walmart and GoBank

6. Accelerate and improve channel migration

7. Intelligently rationalize the branch footprint

8. Figure out universal staffing

9. Find new levers to reduce costs

10. Improve efficiency ratios in wholesale banking

Click here to read the full article.

Top 5 Trends in Apparel Retail for 2015

January 1st, 2015 | Posted by Katheryn McKee in Retail | Uncategorized - (Comments Off on Top 5 Trends in Apparel Retail for 2015)

In a recent Retail TouchPoints blog, APT Senior Vice President John Howard outlines trends in the apparel industry that will likely be top-of-mind in 2015. John discusses the following trends:

  1. Targeted Customer Outreach
  2. Promotional Right-Sizing
  3. Acceleration of Cross-Channel Purchasing Services
  4. Customized In-Store Experience Through Mobile Technologies
  5. Adoption of Inventory Management Technology

John writes, “In 2015, consumers will demand a shopping experience that provides appealing personalized offers, and is seamless, convenient, and consistent across channels. As apparel retailers innovate to drive customer engagement and attract new customers, organizations will benefit from using their data to measure the effectiveness of the new initiatives they introduce.”

Click here to read the full blog.