Retail TouchPoints

SEPTEMBER 22, 2022

Inflation and the threat of recession are defining aspects of the 2022 holiday season, but the potential bad news will do little to dampen a potentially successful — if not extraordinary — season. This change can be attributed to retailers pursuing better inventory management.

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Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

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Inside Retail

JULY 22, 2021

Having a centralised fulfilment centre for stores replaces our historical push model, and will result in improved inventory management, reduced markdowns and maximised sell-through whilst also producing significant efficiencies in our online fulfilment operations.”.

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Retail TouchPoints

JANUARY 25, 2022

As we navigate an interesting year of retail revival, now is the perfect time to make some small shifts and shrewd strides forward into 2022. 4) Think Big: Improve supply chain and inventory management. Act small: Add a feature to your website allowing customers to search inventory availability in local store locations.

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Retail TouchPoints

AUGUST 23, 2022

TCGplayer, which employs more than 600 people, will operate its TCGplayer Marketplace and Authentication Center autonomously following the acquisition, providing eBay with omnichannel capabilities including order fulfillment and cart optimization. The deal is expected to be completed by Q1 2023. Headquartered in Syracuse, N.Y.,

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Retail TouchPoints

OCTOBER 6, 2023

With the bustling holiday shopping season nearing, many brands have spent the last several months assessing their operational strengths and weaknesses, particularly in logistics and fulfillment. In fact, last peak season, at least 10% of orders were returned each week from November 2022 to mid-January 2023, per Salesforce data, as U.S.

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Retail TouchPoints

JULY 13, 2023

However, with retailers feeling more pressure to streamline omnichannel fulfillment, supply chain visibility has risen to the top of the priority list. billion passive RFID tags to be sold in 2023, up from 33 billion in 2022. Even though RFID has proven its value numerous times, retailer adoption has never truly reached its peak.

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Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge. What is order fulfillment?

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Merchant Services Fulfillment Drop-Shipping Shipping 41

365 Retail

NOVEMBER 14, 2022

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. Inventory management is key. It’s imperative to manage your inventory effectively ahead of Black Friday and Cyber Monday. What upsells and bundles you’re going to offer.

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Retail Minded

APRIL 3, 2022

63% of US brands plan to increase investment in retail software in 2022. Investment in key areas that are ‘behind the scenes’ like delivery, inventory management and retail operations are a reaction to the problem associated with operational complexity,” says Stuart Pick. Top 10 Investment Priorities For 2022.

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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.

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Retail TouchPoints

JULY 17, 2023

billion in 2022 and is expected to grow at a CAGR of 28.4% IoT solutions enable retail stores to monitor and manage their equipment, including HVAC systems and refrigerators. Example: Walmart Walmart is applying IoT technologies for effective store equipment management. Inventory management. from 2023 to 2030.

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I Vend

JANUARY 9, 2022

A new year is a time to look forward and think about what will shape the future, and in this, my first article of the year, I’ll be exploring the top five trends in retail technology for 2022. iVend Retail Management Suite iVend’s retail technology is delivering innovation in retail. They want fast, easy, contactless payments.

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365 Retail

MARCH 20, 2024

Since 2019, Wincanton has provided warehouse and distribution services, providing store fulfilment to Jollyes stores across Great Britain and Northern Ireland. The new hub means Wincanton can pick and deliver up to 25 per cent more cases each year as it replenishes all Jollyes 100-plus stores, fulfilling over 10,000 deliveries each year.

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Retail TouchPoints

JUNE 26, 2023

Get ready, get excited, retailers and customers alike, the 2D barcode, a compact square label with splotches and spaces that encode up to 350X more data than a traditional UPC (4,000 characters) will have a significant impact on managing the business and delivering better customer experiences. Doesn’t that sound amazing?!

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Retalon

FEBRUARY 25, 2022

Modern consumer expectations of inventory availability and fast order fulfillment mean that it is even more important for retailers to have a good stock replenishment process in place. Stock replenishment is the process of ordering and allocating inventory to replace missing products on store shelves. What is replenishment?

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Inside Retail

MARCH 13, 2023

In the past, small retailers would take on stock, turning garages all over into mini fulfilment centres. In a joint study between Deloitte and Manufacturers Alliance, 80 per cent of those surveyed had experienced heavy supply chain disruption in the 12-18 months to June 2022. Neither is a good place to be this year.

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Star Miconics

MARCH 29, 2024

Its simplicity and efficiency have made barcode technology a staple in inventory management across diverse sectors, including grocery, retail , and hospitality. Furthermore, they have become indispensable in inventory management, helping to identify sales trends and tracking items throughout the supply chain.

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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%.

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Retail TouchPoints

NOVEMBER 29, 2023

Coresight also found that traffic at top-tier malls was up 12% in 2022 over pre-pandemic 2019 levels, while traffic was up 10% at non-top-tier malls. ahead of the same period in 2022. over the first half of 2022 and is now ahead of 2019 levels. In Q1 2023, consumer spend at The Dolphin was 7.8%

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Retail TouchPoints

FEBRUARY 10, 2022

It’s been a while since she’s been on the front lines though — not since the late ‘80s to be exact, when she was a manager at Express. To the employees she worked with while undercover she was Marie, a former gift shop manager from Ohio whose quest for a new start was being recorded for a documentary.

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Inside Retail

SEPTEMBER 5, 2021

This can be seen in T2’s approach to pricing and promotions, which is now consistent across stores and online, and inventory management. These products will be a key area of focus for T2 in 2022. . We’ve got great products that our customers love, particularly with regards to sleep,” he said.

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Retail Gazette

OCTOBER 12, 2023

1) Optimise inbound and outbound We’re seeing a growing trend of retailers prioritising a review of their warehousing and fulfilment. ASC research last year found that just over a third (35%) of retailers were focusing on fulfilment, with this increasing to half (50%) this year. About the research.

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Inside Retail

JANUARY 24, 2023

AI-driven technologies such as chatbots, automated customer service, and automated inventory management are set to revolutionise the retail industry and the way businesses interact with their customers. A fundamental rethink Fulfilment was challenging for many in 2022. million square kilometres of ocean by 2030.

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Independent Retailer

APRIL 19, 2022

To win the battle for survival in 2022, sellers must utilize inventory management methods far in advance of the event to know when and how much to order, so their stock is not depleted for the big day. Kenny Tsang is the Managing Director of FinTech Unicorn PingPong Payments. inflation to a fresh four year high of 7.9

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Inside Retail

AUGUST 23, 2023

One example of such a collaboration is our partnership with renowned mainland Chinese KOL Austin Li, for a live streamed charity event during the pandemic in 2022 with overwhelming results. The group also leveraged the strength of social media influencers and key opinion leaders (KOLs) to attract its target customers.

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Retail TouchPoints

MAY 30, 2023

In 2022, a National Retail Federation/Prosper Insights and Analytics survey indicated that 56% of consumers had started their BTS shopping by early July, with 81% planning to shop sales the week of July 11. Perhaps more worrisome for retailers, 2022 saw a leveling-off of household spending on education-related purchases.

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Retail Pro

DECEMBER 14, 2021

But with vaccinations rising and people feeling more confident in being able … Continue reading → The post NRF 2022: Meeting Stock Availability Expectations Across Channels first appeared on Retail Pro Blog.

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Retail Pro

DECEMBER 27, 2021

A shopper’s purchase journey goes … Continue reading → The post NRF 2022: Simplifying the omnichannel purchase journey first appeared on Retail Pro Blog. Use promo code 270 when registering for NRF Omnichannel is about making it easy for customers to buy from you, get their products from you, and make returns.

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Retail Pro

DECEMBER 16, 2021

Omnichannel operations lessen the likelihood that stock inaccuracies will result in an unhappy customer, however there are further measures a retailer must take Continue reading → The post NRF 2022: Stock Inaccuracy and Omnichannel Operations first appeared on Retail Pro Blog.

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365 Retail

MARCH 29, 2022

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%.

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RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

Here Are The Ten Emerging Retail Trends We Predict For 2022. Retention takes center stage for retail businesses ; retailers can enhance their post-purchase experiences, streamline fulfillment, and increase their communications with current customers. Emphasizing micro-fulfillment & smart delivery. New Look Stores.

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Retail TouchPoints

APRIL 13, 2021

The 15 sessions, now available on demand, encompass critical areas of the retail enterprise, including: customer loyalty strategies; visual tech developments such as AR and 3D modeling; fulfillment and delivery management; the power of social networks; fast-growing Buy Now, Pay Later services; and the all-important customer experience.

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365 Retail

JUNE 8, 2022

of global sales in 2017, to 21% in 2022. Retailers should be using an inventory management platform that provides a real-time overview of their stock. Use Centralised Cloud-based Software to Manage Data. The pandemic has not been kind to many things, but to ecommerce, it’s been an unprecedented period of success.

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Retail Bound

JANUARY 25, 2023

Third-party logistics companies — that specialize in ecommerce order fulfillment — are a relatively new market in the massive $10 Trillion Logistics Industry ( source ). Shipping orders from a distribution center to a retailer is now a process of shipping individual orders from a fulfillment center to an end consumer’s home.

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Retail TouchPoints

OCTOBER 22, 2021

Amazon’s introduction of its third-party marketplace and accompanying support services has in many ways democratized retail , making it easier for small businesses to both reach a huge consumer base and manage the logistics of serving them. sellers in early 2022.). Really for the first time ever a very small entrepreneur in the U.S.,

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Inside Retail

JULY 17, 2022

We chat with Stephan Veyret, managing director of Decathlon Singapore to find out what’s next for the business. As a people-first innovation nexus, Decathlon Lab will continue fulfilling Decathlon’s mission to conceive sports products and services to make a healthier and more active lifestyle more accessible and sustainable to the many.

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