Retalon

AUGUST 14, 2023

Does your retail business struggle with outdated inventory systems and cumbersome spreadsheets? Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. Furniture inventory management software offers a smarter solution. What Exactly is Furniture Inventory Management Software?

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Retail TouchPoints

DECEMBER 25, 2023

People have been saying “Retail is dead” for several years now. in its fiscal year 2023 (ending in September) versus 2022…which may come as no surprise to you at all if you’ve been in a Costco on a Saturday lately. No, retail isn’t dead. Bad retail is dead. The problem is it simply isn’t true. Costco grew revenue by 6.7%

Customer Experience 241

Customer Experience Dead-Stock Store Layout Point of Sale 241

Inside Retail

MARCH 21, 2024

Online, while price is the standout reason consumers will love a retailer, out-of-stock (at 44 per cent) is the most common reason consumers will avoid one. Finding out it’s unavailable feels like a dead end. But an out-of-stock item throws a wrench in that. The beauty of online shopping is its ease.

Consumer 130

Consumer Dead-Stock Finance Inventory Management 130

Inside Retail

OCTOBER 26, 2023

It is undeniable,” stresses Andrea Quinn, Apac senior director of sales at Lightspeed (pictured above). I can’t see online platforms competing in the tangibility sphere – not to satisfaction, at least,” Quinn adds. And this appeal will last. 39 per cent of shoppers favour stores with loyalty programs.

Shopping 246

Shopping Payment Services Dead-Stock Kiosk 246

Inside Retail

OCTOBER 11, 2023

Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ to ‘Look at this amazing DTC brand! But first, let’s take a look at the history of DTC and why it became so popular. It was taken private in 2022 by Durational Capital Management after struggling to turn a profit.) Is DTC dead?

Dead-Stock 130

Dead-Stock Consumer Kiosk Inventory Management 130

Retail TouchPoints

JULY 14, 2023

This not only provides a better user experience but also allows businesses to offer tailored recommendations at scale, improving their overall conversion rates as well as the experience for the customer. This involves inputting key words that can result in a dead link or generating unwanted products in some cases.

Fulfillment 216

Fulfillment Dead-Stock Customer Experience Inventory Management 216

Retalon

FEBRUARY 10, 2022

Bad inventory is an expensive problem. Trillion annually as a result of bad inventory. Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. What is bad inventory called? What is bad inventory called day-to-day? Drastic Markdowns.

Inventory Turnover 41

Inventory Turnover Management Inventory Management Dead-Stock 41