Retail TouchPoints

SEPTEMBER 19, 2022

Nissan Stadium now offers five frictionless Zippin Lanes and after incorporating four lanes, Allegiant Stadium has experienced: A 66% increase in speed of service; A 45% increase in sales for a traditional stand space compared to 2021; and A 30%+ increase in the number of product SKUs offered.

Checkout 215

Checkout ATS Inventory Management Location 215

Retail TouchPoints

NOVEMBER 20, 2023

According to the National Retail Security Survey released by the National Retail Federation (NRF), vanishing inventory contributed to $112 billion in losses last year alone — up significantly from $93.9 billion in 2021.

Payment Services 311

Payment Services Sporting Goods Inventory Management Loss Prevention 311

Cisco Retail

APRIL 12, 2021

Better inventory management. Register to attend Hannover Messe 2021 — free! Register for Hannover Messe Digital Days 2021 and your virtual pass is on us! For more information on what you need to know before you go to Hannover (virtually), check out our blog: Know Before You Go: Hannover Messe Digital Days 2021.

Inventory Management 98

Inventory Management Shipping Location Management 98

Retail TouchPoints

SEPTEMBER 7, 2022

Cornell’s decision to remain in the leadership role was made following last month’s news of Target’s Q2 2022 performance, which saw net earnings drop 90% from Q2 2021. Valdez will be succeeded by Gretchen McCarthy, SVP of Global Inventory Management, effective immediately.

Inventory Management 261

Inventory Management Planning Management 261

Retail TouchPoints

FEBRUARY 23, 2023

28, 2023, down 5% compared to Q4 2021. In addition, we continued to be disciplined in our expense and inventory management.” Loeb has accused the Board of Directors of operating in “triage mode rather than via best corporate governance practices” as the retailer struggles with declining revenue.

Inventory Management 229

Inventory Management Management Store Operations ATS 229

Retail TouchPoints

APRIL 13, 2021

The 2021 Connected Consumer Series reflected the challenges retail (and society as a whole) have faced during the past year, but also the growing sense of optimism that is taking hold this year. 5 Social Advertising Trends for Retailers to Know in 2021: Featuring Under Armour. Retail CX Trends 2021: New CX for a New World.

Consumer 137

Consumer Payment Services Fulfillment Advertising 137

Retail TouchPoints

AUGUST 23, 2022

In November 2021, eBay acquired Sneaker Con Digital ’s authentication business as it sought to bolster its presence in the collectible sneakers segment. TCGplayer develops applications, inventory management tools and hardware such as robotic sorting machines. Headquartered in Syracuse, N.Y.,

Inventory Management 212

Inventory Management Fulfillment Customer Experience Management 212

Retail Focus

MARCH 15, 2022

56% of retailers think environmental activists pose a bigger risk of supply chain disruption this year than in 2021. Sophisticated stock inventory management software is being increasingly utilised to pull data that helps retailers to create contingencies and better prepare for uncertainty.

Inventory Management 130

Inventory Management Planning Returns Management 130

Retail TouchPoints

AUGUST 4, 2023

Features such as inventory management and the ability to track sales allow operators to keep track of which items sell better than others. The inventory management features also help operators track any theft. In recognition of her accomplishments, in 2021 Furman won a 40 under 40 award from Automatic Merchandiser.

Payment Services 220

Payment Services Kiosk Marketing Shrinkage 220

Retalon

MARCH 31, 2021

Moss uses Retalon’s advanced analytics to get clearer visibility into future demand and make better decisions in merchandising and inventory management. Retalon was able to run simulations to help optimize inventory clean their data to provide improved visibility of future demand down to the store/product level across the business.

Inventory Management 41

Inventory Management Promotions Management Shopping 41

VMS

JULY 20, 2021

(PRESS RELEASE) FAIRFAX, VA – InfoComm 2021 will host D=SIGN, the digital signage conference, as two half-day programs on Oct. 26-27, 2021, at the Orange County Convention Center in Orlando, Fla. Digital signage is poised for strong revenue growth, with a forecast of $32 billion in 2021, increasing to $44.7

Visual Merchandising 52

Visual Merchandising Inventory Management Point of Sale Management 52

Retail TouchPoints

FEBRUARY 10, 2022

The episode was shot in early 2021 and aired on Jan. million on inventory management solutions; $1.2 Studio Lambert ©2021 CBS Broadcasting, Inc. Studio Lambert ©2021 CBS Broadcasting, Inc. We also launched a new system, Relex , for inventory management.

Inventory Management 293

Inventory Management Beauty and Health Management Planning 293

Retail TouchPoints

JANUARY 13, 2023

For example, it would appear that spending on electronics decreased during this holiday season compared to a similar time frame in 2021.”. As expected, promotions played a major role in setting the pace of the latter half of the season, with an average discount rate of 21% in 2022 compared to 19% in 2021, according to Salesforce.

Promotions 230

Promotions Sporting Goods Jewelry Inventory Management 230

Inside Retail

MARCH 17, 2022

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse.

Checkout 246

Checkout Drop-Shipping Payment Services Inventory Management 246

VMS

JULY 20, 2021

(PRESS RELEASE) FAIRFAX, VA – InfoComm 2021 will host D=SIGN, the digital signage conference, as two half-day programs on Oct. 26-27, 2021, at the Orange County Convention Center in Orlando, Fla. Digital signage is poised for strong revenue growth, with a forecast of $32 billion in 2021, increasing to $44.7

Visual Merchandising 52

Visual Merchandising Inventory Management Point of Sale Management 52

Retail TouchPoints

APRIL 14, 2021

Stitch Fix Founder and CEO Katrina Lake will step down from the helm of the apparel subscription service on August 1, 2021, and current President Elizabeth Spaulding will move into the top role. Lake will transition to the role of Executive Chairperson of the Board, focusing on Stitch Fix’s social impact efforts.

Inventory Management 175

Inventory Management Apparel Shopping Management 175

Retail TouchPoints

MAY 14, 2021

Bed Bath & Beyond has named Stacey Shively as SVP and General Merchandise Manager for Home, effective May 17, 2021. Shively brings more than 25 years of retail experience in merchandising, product development and inventory management to the position.

Inventory Management 163

Inventory Management Planning Management Marketing 163

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.

Social Commerce 300

Social Commerce Inventory Management Fulfillment Shipping 300

Retail TouchPoints

SEPTEMBER 22, 2022

Both 2020 and 2021 each had their own clear themes and pressures, and this holiday season will be defined by trying to understand what has changed. “ However, that demand has come and gone, and Kramer sees 2021’s sales growth of 14.1% Companies plan to spend 30% of their marketing budget during the holidays, down from 36% in 2021.

Promotions 230

Promotions Fulfillment Inventory Management Drop-Shipping 230

Retail TouchPoints

FEBRUARY 17, 2021

The system uses no facial recognition and lets shoppers remain completely anonymous, and is designed to be installed in existing stores without making any changes to layout, shelving, lighting or inventory management processes. and Toronto, Canada.

Checkout 147

Checkout Planning Inventory Management Management 147

Retail TouchPoints

AUGUST 17, 2022

76% of consumers say convenience is a key priority when selecting a retailer, so an automated inventory management process is a critical component of any growing ecommerce business’ success. In 2021, 20.8% From another perspective, research showed that on average, the online share of total spending rose sharply, from 10.3%

Payment Services 357

Payment Services Advertising Returns Checkout 357

Inside Retail

JANUARY 2, 2023

Pureplay online and bricks-and-mortar retailers both have an important role to play here in expanding the Aussie e-commerce ecosystem, bringing different skills to the table, from inventory management to customer loyalty programs. In 2021, B2B marketplace sales grew more than seven times faster than B2B e-commerce sales.

Shopping 264

Shopping Social Commerce Wholesale Specialty Retailers 264

Retail Focus

MARCH 29, 2022

Stock inventory management and supply chain strategies need to adapt accordingly to ensure the right products are being stocked at the right times, and at the right prices. This data can enable companies to build more informed stocky inventory models that better predict what goods will move out and back into supply chains. .

Consumer 211

Consumer Inventory Management Payment Services Returns 211

Retail TouchPoints

JANUARY 14, 2021

The company aims to provide mobile data capture solutions that can be used for both self-shopping and efficient inventory management through the Anyline 27 smartphone barcode scanner, which offers greater scanning speed, precision and recognition capacity compared to older versions. retail market.

Inventory Management 201

Inventory Management Retail Marketing Shopping Management 201

Retail TouchPoints

JULY 19, 2023

For example, in 2021 California passed a new bill, AB 1201 , creating a requirement that compostable products must be certified by third-party organizations like BPI. This approach reduces the need for separate packaging designs and simplifies inventory management. The FTC offers guidelines, but no laws and only a few U.S.

Inventory Management 208

Inventory Management Shipping Management Consumer 208

Retail Focus

FEBRUARY 24, 2022

Research data revealed 17% of retailers have low confidence in supply chains returning to pre-2020 levels of normality, with an additional 3% having no confidence and believing supply chains this year will experience similar disruption to that seen in 2021. About the research: SAPIO Research surveyed 212 retailers nationwide in January 2022.

Returns 130

Returns Inventory Management Shipping Management 130

Retail TouchPoints

APRIL 29, 2024

The previous app was really more of a trial run, built in-house and “launched and then left,” with significant overhead required to manage it. In October 2021 the company underwent a massive replatforming, moving from a bespoke in-house ecommerce system to Salesforce Commerce Cloud. “As

Payment Services 214

Payment Services Inventory Management Management Planning 214

Retail TouchPoints

JULY 13, 2023

“Retailers need to have a single view of their inventory across channels, and then that data has to be up-to-date and accurate,” said Greg Buzek, Founder and President of IHL Group in an interview with Retail TouchPoints. In 2021, the average cost of an RFID tag was four cents , down 80% from 2011, according to McKinsey.

Drop-Shipping 190

Drop-Shipping Fulfillment Shipping Wholesale 190

Retail TouchPoints

JULY 12, 2022

Walmart acquired Zeekit in May 2021. AR has long been part of the company’s DX mix with its acquisition of the virtual fitting room platform Zeekit in 2021 — which now powers AR try-on for apparel on Walmart.com — and by becoming one of the first retailers to offer home décor try-on via Pinterest , among many other initiatives.

Apparel 360

Apparel Inventory Management Consumer Shopping 360

Retail TouchPoints

FEBRUARY 24, 2022

The company’s rapid growth tracks with the broader ecommerce boom: global ecommerce surpassed $5 trillion in 2021, and B2B ecommerce is expected to reach $20.9 In ecommerce only five things really, truly matter: the item and providing as much detail as possible; price; inventory management; order management; and finally, the customer.

ATS 249

ATS Inventory Management Management Returns 249

Retalon

JULY 28, 2021

That’s why it’s important for all retailers to understand what seasonal demand forecasting is, why it’s so challenging and how retailers in 2021 are overcoming these challenges to increase their bottom line. How Retailers are Forecasting Seasonal Demand in 2021. What is Seasonal Demand Forecasting?

Markdowns 41

Markdowns Inventory Management Accounting Management 41

Retalon

JULY 28, 2021

That’s why it’s important for all retailers to understand what seasonal demand forecasting is, why it’s so challenging and how retailers in 2021 are overcoming these challenges to increase their bottom line. How Retailers are Forecasting Seasonal Demand in 2021. What is Seasonal Demand Forecasting?

Markdowns 41

Markdowns Inventory Management Accounting Management 41

M19 Retail

AUGUST 24, 2021

Neil Moses has been named to The Software Report’s Top 50 SaaS CEOs for 2021. Mi9 Retail CEO, Neil Moses, Named to Top 50 SaaS CEOs Report for 2021. Health crisis: what impact on supply management in points of sale? Mi9 Retail Launches New In-Store Mobile App to Help Retailers Improve Inventory Management.

Fulfillment 40

Fulfillment Inventory Management Grocer Point of Sale 40

LS Retail

NOVEMBER 2, 2021

©2021 Women Entrepreneurs Grow Global®. She specializes in B2B wholesale trade, sourcing, inventory management and product development for her company. All rights reserved. Kiakahi (Kiani) Wong is the President and CEO of Kaka?ako ako Kasuals, a Native Hawaiian-owned and operated footwear company based in Honolulu, Hawai'i.

Inventory Management 69

Inventory Management Wholesale Fulfillment Shipping 69

Retail TouchPoints

FEBRUARY 22, 2021

Kohl’s added a new director in February 2021, but prior to that the board’s average tenure was approximately 10 years. The investor group noted that Kohl’s operating income margins declined from 11.5% in 2011 to 6.1% in 2019, and that the retailer earned about 44% less in 2019 than it did in 2011 despite similar total sales and $6.6

Inventory Management 183

Inventory Management ATS Management Planning 183

Retalon

MAY 11, 2021

R&D managers, sales managers, marketing managers use customer-centric dashboards to monitor customer demographics, customer lifetime value, and flag changes in the shopping behaviour of key customer segments. Inventory management dashboards. Consider a traditional inventory management dashboard.

Inventory Management 41

Inventory Management Promotions Shipping Management 41

Retail TouchPoints

NOVEMBER 8, 2022

In 2021, returns cost retailers a whopping $761 billion , or almost 17% of total U.S. They must approach inventory management, merchandise accuracy and return policies strategically. retail sales. Returns can be an excellent opportunity to sell something new to a known customer.

Returns 281

Returns Markdowns Inventory Management Customer Experience 281