by Michael Somanje | Jun 5, 2023 | Amazon, Retail, Walmart
When asked about their on-court success, many elite athletes – especially basketball players – will credit these two things: watching Michael Jordan play, and being inspired by Kobe Bryant’s mentality (aka the “mamba mentality”). Why mention this fact? ...
by Michael Somanje | May 23, 2023 | Retail, Uncategorized, Walmart
Did you know Walmart will add $130 billion dollars to its annual revenue over the next five years? To accomplish this goal, it will offer new products and services. It will also alter its operations, which will fundamentally change the way you work with them. ...
by Michael Somanje | Apr 11, 2023 | Brick & Mortar, eCommerce, Retail, Target
Whether you are a current Target vendor or are seriously considering placing products in this retail store, you must understand both Target’s historic and forward-thinking retail strategies to have success. Not altering your strategies may mean missing out on sizable...
by Michael Somanje | Mar 30, 2023 | Retail
The world of big-box retail and consumer packaged goods (CPG) is large and complex. It can seem like an unscalable summit, especially to those of you who are brand-new entrepreneurs with a big idea for a product you want to sell in stores. There has also been an...
by Michael Somanje | Mar 16, 2023 | Brick & Mortar, Retail
Costco Wholesale is a leader in the club channel and the third-largest retailer in the US. Its members have an almost fanatical level of loyalty to the company, leading to a 92.5% membership renewal rate in the US and Canada. You may be wondering how Costco has earned...