Retail TouchPoints

MAY 17, 2024

Inventory optimization. Another way AI can assist is with inventory management solutions, with it recommending the most efficient way to manage a return. Gareth Smith is GM, Software Test Automation at Keysight Technologies. Only then will technology reimagine returns in the omnichannel era.

Returns 247

Returns Fulfillment Inventory Management Apparel 247

Inside Retail

FEBRUARY 25, 2024

Not only did the troubles of 2020-22 feel well and truly behind us, with retail and travel booming, but we got our first taste of ChatGPT and spent the holidays putting it to the test by writing greeting card messages, composing music and, more recently, creating new artwork.

Inventory Management 246

Inventory Management Management Consumer Planning 246

Inside Retail

APRIL 30, 2024

In 2020, Tattarang, a prominent Australian investment group, acquired RM Williams with a vision to propel the brand into the digital age while preserving its heritage. When we set about this project, it was to look at the way we connect with our customers. If we have nine team members in-store, each team member has their own iPhone.

Clienteling 147

Clienteling Checkout Customer Experience Inventory Management 147

Retail Focus

MARCH 15, 2022

ST JAMES’S, LONDON/ENGLAND- 5 September 2020: Police observing XR Amazonia Alliance and Animal Rebellion protesting outside the Brazilian Embassy protesting to end the destruction of the Amazon. For more information about the research and 2022 supply chain trends, click here to download the ASCG’s free eBook, or visit: [link].

Inventory Management 130

Inventory Management Planning Returns Management 130

Retail TouchPoints

MARCH 11, 2021

retail executives whose stores offered at least one method of store-based online order fulfillment — revealed that the pandemic triggered a 5X increase in ecommerce volume in 2020 compared to the same period in 2019. In-store inventory management needs to match warehouse accuracy.

Fulfillment 292

Fulfillment Inventory Management Returns Point of Sale 292

Mass Relators

MAY 2, 2023

Roxanne Flanagan, SVP, Chief Supply Officer at Walgreens announced Tuesday on her LinkedIn page that she is leaving the company. Thank you to all the pharmacists at Walgreens. The post Roxanne Flanagan leaving post at Walgreens appeared first on MMR: Mass Market Retailers. DEERFIELD, Ill. She joined Walgreens in 1993.

ATS 52

ATS Inventory Management Store Operations Management 52

Retail TouchPoints

APRIL 14, 2021

As CEO, Spaulding will focus on driving the next phase of the company’s growth, including the ongoing development of new consumer shopping experiences, inventory management innovations and international expansion. We are creating experiences that will change the way people shop for generations to come.

Inventory Management 174

Inventory Management Apparel Shopping Management 174

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

Inside Retail

SEPTEMBER 30, 2021

“All brands experienced strong growth as stores reopened from the 2020 lockdowns, with the group’s inventory management ensuring that our stores were well stocked with product the customers wanted.”. million at the latter. Overall, however, sales at the group have fallen 18.9 per cent to $92.7

Net Profit 130

Net Profit Inventory Management Fashion Management 130

Retalon

OCTOBER 8, 2020

But getting the biggest return on that investment, especially in today’s tough retail environment, requires a more nuanced, data-driven approach to inventory management than most retailers are used to. Below, we’ll describe 7 guaranteed inventory reduction ideas in some detail. What does reducing inventory levels really mean?

Markdowns 41

Markdowns Inventory Management Promotions Planning 41

Inside Retail

MARCH 17, 2024

When McDonald’s first opened for business in the 1940s, its workers stood at physical counters, its burgers and fries were listed on paper menus, and its customers paid cash to its human cashiers. The burger giant did flag that something like this could happen, at least to Wall Street. “We How quaint.

Kiosk 130

Kiosk Payment Services Inventory Management Location 130

Retail TouchPoints

JULY 22, 2022

The ecommerce boom of 2020 brought millions of new shoppers to digital platforms, and that growth trajectory continued into 2021. At the end of 2021, the editors of Retail TouchPoints took a stab at predicting what would happen in ecommerce in 2022. 2022 certainly isn’t turning out how anyone thought it would.

Social Commerce 299

Social Commerce Inventory Management Fulfillment Shipping 299

Retail Focus

FEBRUARY 24, 2022

One-in-five retailers reported Christmas trading, including Black Friday sales, was between 21% – 30% down on forecasts, whilst a similar number saw pre-tax profits at 16% – 20% below expectations. For more information about the supply chain trends, click here to download the free eBook, or visit: [link].

Returns 130

Returns Inventory Management Shipping Management 130

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

Jewelry 40

Jewelry Specialty Store Point of Sale Inventory Management 40

Retail TouchPoints

AUGUST 17, 2022

Looking at all the stats, frankly one might even say quite the opposite. at the peak of the pandemic. at the peak of the pandemic. Add the increasing CPC costs at all sorts of paid advertisement channels and harsher competition to that, and you get a not-so-rosy outlook for the market altogether. in 2019 to 14.9%

Payment Services 359

Payment Services Advertising Returns Checkout 359

Inside Retail

MARCH 2, 2023

One such advancement is the development of Autonomous Mobile Robots (AMRs), which have been implemented by a range of companies – including Catch, Toys R Us , and a number of other retailers – for task enhancements ranging from inventory management, order fulfilment, delivery and customer service.

Fulfillment 130

Fulfillment Inventory Management Beauty and Health Management 130

Retail TouchPoints

NOVEMBER 18, 2021

Last year, COVID-19 lockdowns that restricted shopping at brick-and-mortar stores sent shoppers online. Americans spent more money online during the 2020 holiday season than previously, with revenues growing 32% year-over-year and exceeding $188.2 Ashish Sahu is Head of Product and Solution Marketing at Redis.

Supply Chain Management 231

Supply Chain Management Fulfillment Shipping Inventory Management 231

Retalon

SEPTEMBER 24, 2020

At first look, it may seem like the Covid-19 pandemic (and the limitations it has placed on brick and mortar operations) has been responsible for fashion’s digital transformation in 2020 (e.g. OR download this inventory management buying guide. moving to e-commerce and digitizing their operations).

Fashion 41

Fashion Customer Retention Inventory Management Management 41

Inside Retail

MARCH 7, 2024

Despite a slight dip in 2020, the global apparel market is set to grow to about US$2 trillion by 2028, from US$1.79 The brand was co-founded in 2014 by best friends Sarah Miller and Jessie Gargan, who were 23 and 26, respectively, at the time. They had met five years prior when Gargan hired Miller as a Christmas casual at Sportsgirl.

Boutique 130

Boutique Apparel Fashion Wholesale 130

Retail TouchPoints

MARCH 31, 2021

Technologies for identity management, authentication, APIs and application integration are helping retail businesses navigate this mode of operations. While retailers made it through in 2020 with online sales up 44% overall , there were hiccups, frustrations and sleepless nights all throughout. trillion by 2023, up from $4.2

Consumer 313

Consumer Inventory Management Boutique Management 313

Retail TouchPoints

SEPTEMBER 1, 2023

New inventory management systems, among other tools, will support more accurate decision-making and efficiency, so the retailer can cater to customers’ unique needs. It’s all about getting the right product to the right customers at the right time,” Rosen said. Merchandising and supply chain optimization.

Planning 207

Planning Merchant Services Inventory Management Consumer 207

Retail TouchPoints

FEBRUARY 24, 2021

Spanish fashion retailer Encuentro Moda is deploying a radio frequency identification solution across its 125 stores, both to meet omnichannel requirements and to gain visibility into the stock availability at each store and throughout the supply chain. Adding Real-Time Inventory Data. D Cloud RFID inventory-management software.

Fulfillment 146

Fulfillment Point of Sale Fashion Fast Fashion 146

Retail TouchPoints

JANUARY 9, 2024

In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion. Ecommerce became not just a ‘good-to-have’ channel, but a must-have channel for small businesses.

Merchant Services 233

Merchant Services Shipping Fulfillment Inventory Management 233

Retail Focus

AUGUST 4, 2021

Claire Webb from Advanced Supply Chain Group looks at why playing a waiting game won’t help retailers beat soaring shipping costs. Maritime consultants Drewry report that shipping prices from Asia to the UK have increased by around 500% from June 2020 to July this year. Playing the waiting game.

Shipping 182

Shipping Drop-Shipping Inventory Management Point of Sale 182

365 Retail

MARCH 14, 2022

ST JAMES’S, LONDON/ENGLAND- 5 September 2020: Police observing XR Amazonia Alliance and Animal Rebellion protesting outside the Brazilian Embassy protesting to end the destruction of the Amazon. For more information about the research and 2022 supply chain trends, click here to download the ASCG’s free eBook, or visit: [link].

Inventory Management 52

Inventory Management Planning Returns Management 52

Small Biz Trends

JUNE 5, 2022

Square themselves describe lunchflation as ‘lunch item costs rising faster than the average cost across all other items’ One example they gave is the 13% year-on-year rise in the average price of a wrap from March 2020 to 2022. They also note that the average price of tacos increased by 19%, rising from around $5.43

Payment Services 136

Payment Services Inventory Management Shipping Returns 136

Inside Retail

SEPTEMBER 13, 2023

At the time, I had spent a year consulting to Thom Browne in New York and my wife was pregnant with our fourth child, so I was busy working day and night. MJ: We have a saying internally at M.J. You have to remember I made the decision to take our business completely carbon neutral, during the bushfires of January 2020.

Fashion 253

Fashion Clienteling Marketing Inventory Management 253

365 Retail

JANUARY 17, 2024

Paul Taylor, chief operating officer at international fulfilment services provider fulfilmentcrowd, looks at how e-commerce retailers can effectively scale-up, so that demand doesn’t outpace supply. The most recent ONS Retail Sales data (Great Britain, January 2022) shows that the proportion of online sales in the UK stands at 25.3%.

Shipping 52

Shipping Inventory Management Fulfillment Supply Chain Management 52

365 Retail

FEBRUARY 24, 2022

One-in-five retailers reported Christmas trading, including Black Friday sales, was between 21% – 30% down on forecasts, whilst a similar number saw pre-tax profits at 16% – 20% below expectations. For more information about the supply chain trends, click here to download the free eBook, or visit: [link].

Returns 78

Returns Inventory Management Shipping Management 78

365 Retail

OCTOBER 18, 2023

The study shows that 30% of British adults have used the BNPL service for at least one payment over the 12 months ending in August 2023. Clearpay, a leader in the Buy Now, Pay Later (BNPL) sector, has published new research that reveals a growing trend in BNPL usage across all age groups in the United Kingdom.

Merchant Services 62

Merchant Services Payment Services Inventory Management Consumer 62

Independent Retailer

JULY 29, 2022

RFID is rapidly gaining implementation within the retail sector and is a key technology applied to aid business operations by improving inventory management and stock visibility as the foundation of adoption. The most common area in-store that retailers focus on to improve customer engagement is at the Point of Sale (POS).

Customer Experience 77

Customer Experience Shrinkage Checkout Inventory Management 77

Retail TouchPoints

JULY 29, 2020

With a new retail management solution in place, Burton will now be able to: Deploy mobile POS (mPOS) devices in its stores; Provide store associates with improved visibility into customer, product and inventory data ; and Gain a unified view of its e-Commerce and brick-and-mortar operations at both the store and headquarters levels.

Planning 256

Planning Wholesale Customer Experience Store Operations 256

Inside Retail

APRIL 13, 2022

Its primary focus is on increasing the profitability of these businesses by optimising supply chain, procurement, logistics, customer service and inventory management, and pumping money into digital marketing, product innovation and geographical expansion. The other big trend in e-commerce at the moment is the rise of social commerce.

Social Commerce 130

Social Commerce Inventory Management Marketing Brand Management 130

Retail TouchPoints

OCTOBER 3, 2022

As Aisle 24 evolved into a franchise model, the company worked in partnership with Swedish security and surveillance technology firm Axis Communications to adopt a solution that solves many of the security and analytics challenges of remotely operating a cashierless grocery store at all hours.

Management 227

Management Inventory Management Location Shopping 227

Inside Retail

DECEMBER 7, 2021

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. With this data, retailers can identify the variations in likely consumer spending at an economy-wide and industry level. Transaction data plus search activity.

Payment Services 130

Payment Services Inventory Management Accounting Consumer 130

Retail TouchPoints

APRIL 13, 2021

Ayanna Colden, Digital Marketing Specialist at Under Armour , shared how the brand was able to automate its social advertising and adapt its approach based on local tastes, behaviors and even COVID-19 conditions. In 2020, 56% of retailers added phone and text chat to replicate elements of the in-store experience online.

Consumer 137

Consumer Payment Services Fulfillment Advertising 137