Retail TouchPoints

JUNE 14, 2021

Rite Aid has promoted Andre Persaud to the role of Chief Retail Officer. In his prior role, Persaud oversaw Rite Aid’s inventory and supply chain management, field team management, store operations, asset protection and facility maintenance and repairs. This is not business as usual at Rite Aid. and Canada.

Supply Chain Management 255

Supply Chain Management Store Operations Management Promotions 255

Retail Focus

NOVEMBER 3, 2023

Here is a look at some benefits retailers can accrue from adopting these digital technologies: 1. Optimizing Supply Chain Management Digital technologies provide: Real-time visibility in supply chain management. Management of inventory sales. Allowing retailers to track product movement.

Supply Chain Management 130

Supply Chain Management Customer Experience Consumer Management 130

Retail TouchPoints

JANUARY 20, 2022

The team also will help Indian sellers meet standards for creating new international product lines and enhance their capabilities in packaging, marketing and supply chain management. The platform includes tools to help streamline operations and manage promotions and feedback. Current President and CEO of U.S.

Merchant Services 286

Merchant Services Supply Chain Management Sporting Goods Jewelry 286

Retalon

MAY 17, 2024

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

Wiser

DECEMBER 20, 2023

Data can help identify the promotional strategies that resonated with consumers, the products that flew off the virtual shelves, and the ones that didn’t. Consumers enjoyed the ability to browse and compare products across multiple retailers at their leisure, without the limitations of store hours or geographic location.

Retail Trends 147

Retail Trends Promotions Supply Chain Management Consumer 147

Retail TouchPoints

AUGUST 17, 2023

The latest Consumer Price Index (CPI) data highlights a significant deceleration in inflation, now standing at half of last year’s peak. These businesses find themselves at a demanding intersection.

Consumer 216

Consumer Payment Services Supply Chain Management Store Layout 216

Retail TouchPoints

FEBRUARY 28, 2024

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Supply Chain Management model: This model helps retailers manage their supply chain by tracking inventory levels, logistics and supplier performance.

Inventory Turnover 209

Inventory Turnover Supply Chain Management Store Layout Marketing 209

Inside Retail

FEBRUARY 26, 2024

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. Continue to review minimum stock limits and develop contingency plans should supply issues emerge. Pricing and promotional strategies will be vital as consumers are more cost-conscious.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Mass Relators

JUNE 14, 2021

Since joining Rite Aid, Persaud has overseen the company’s inventory and supply chain management, field team management, store operations, asset protection, and facility maintenance and repairs. He holds both a bachelor of pharmacy degree and an MBA from the State University of New York at Buffalo.

Promotions 52

Promotions Supply Chain Management Store Operations Management 52

Retail TouchPoints

OCTOBER 20, 2021

The retail ideal can be described succinctly as “Three P’s and a T”: The right product , in the right place , at the right time and at the right price. So what does a retailer do when supply chains are stopped up, slow or just plain broken — and they don’t even have reliable information on exactly when items will arrive?

Supply Chain Management 282

Supply Chain Management Promotions Consumer Fulfillment 282

Inside Retail

JULY 6, 2022

Supply chain disruption may have become a singularly hot topic in retail circles these past years, but a focus on improving supply chain planning and forecasting is far more than just a passing trend.

Planning 130

Planning Supply Chain Management Markdowns Management 130

I Vend

DECEMBER 10, 2023

Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform. Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail.

Shrinkage 87

Shrinkage Inventory Management Store Layout Checkout 87

Retail Focus

JANUARY 5, 2024

Senior Retail Consultant at Univers Retail | Published author | Visiting lecturer. Luxury brands must manage this amalgamation of technology and traditional retail to create an experience that satisfies their discerning clientele. Ghalia BOUSTANI.

Customer Experience 147

Customer Experience Supply Chain Management Clienteling Management 147

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. 1) Don’t play the waiting game.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Retail TouchPoints

MARCH 30, 2022

“We know that getting people their items as quickly as possible is a critical factor in customer satisfaction and loyalty, so there is heightened focus on how we can ensure customers are getting their items,” said Camille Dunn, Director of Corporate Communications, Last Mile at Walmart in an interview with Retail TouchPoints. “We

Fulfillment 268

Fulfillment Drop-Shipping Supply Chain Management Grocer 268

Retail Focus

APRIL 4, 2024

Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace. Ghalia BOUSTANI.

Clienteling 147

Clienteling Supply Chain Management Customer Experience Consumer 147

RETAIL MANAGEMENT SOFTWARE

JANUARY 16, 2024

Utilizing these channels is crucial for customer connection, product promotion, and sales boost. Deals and Promotions: Consumers are increasingly seeking value for their money. Retailers are responding by offering exclusive deals, promotions, and loyalty programs, fostering a sense of excitement and value among their customer base.

Retail Trends 98

Retail Trends Payment Services Social Commerce Supply Chain Management 98

Retail TouchPoints

MARCH 21, 2022

Or a customer receives immediate, personalized product promotions and recommendations the moment they walk in a store, creating a truly customized experience. Imagine a retail location where customers using an AR-powered mirror can see how clothing looks on them without ever entering a changing room. 5G can Drive Consumer Engagement.

Payment Services 252

Payment Services Checkout Supply Chain Management Customer Experience 252

Retail TouchPoints

NOVEMBER 18, 2021

Last year, COVID-19 lockdowns that restricted shopping at brick-and-mortar stores sent shoppers online. With potentially fewer items available on the shelves this year and shipping timelines longer than ever before, retailers must be able to identify where items are located at a given moment, at the right price.

Supply Chain Management 234

Supply Chain Management Fulfillment Shipping Inventory Management 234

Inside Retail

SEPTEMBER 20, 2023

Speaking to Bloomberg , Wat mentioned that China’s economy is valued at $17 trillion, which is around 18 per cent of global GDP, so the scale of the economy gives Yum China a tremendous advantage in their operations. The current store count stands at 13,602, with total revenues at $5.6

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

Inside Retail

SEPTEMBER 20, 2023

Speaking to Bloomberg , Wat mentioned that China’s economy is valued at $17 trillion, which is around 18 per cent of global GDP, so the scale of the economy gives Yum China a tremendous advantage in their operations. The current store count stands at 13,602, with total revenues at $5.6 Yum China Holdings, Inc.

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

Personalization at Scale One of the standout features of AI in marketing is its ability to deliver personalized experiences to consumers on a massive scale. Predictive Analytics AI excels at predictive analytics, helping retailers and CPG companies forecast trends, demand, and inventory needs with unparalleled accuracy.

Marketing 95

Marketing Inventory Management Supply Chain Management Store Layout 95

Retail TouchPoints

MAY 26, 2022

Unfortunately there’s no definitive answer, nor is there likely to be one: multiple factors contribute to supply chain problems, including but definitely not limited to COVID’s persistence in China, the war in Ukraine and upcoming labor negotiations at West Coast ports. Goldsby: We’ve reached something of a tipping point.

Promotions 271

Promotions Supply Chain Management Consumer Shipping 271

I Vend

MARCH 6, 2023

Thirdly, in terms of business processes, AI drives the biggest benefits in supply chain management and in sales and marketing – two functions that are at the very core of retail. Personalised promotions – customer profiling will enable retailers to deliver highly tailored personalised promotions and offers to shoppers.

Payment Services 98

Payment Services Shopping Supply Chain Management Promotions 98

Retail Assist

JUNE 22, 2023

Successfully managing a retail supply chain can be a daunting task, but with the right tools and software, it becomes a seamless process. It addresses the pain points of inventory management, logistics, and data overload by providing unparalleled visibility across your entire supply chain.

Payment Services 52

Payment Services Markdowns Inventory Management Supply Chain Management 52

Inside Retail

OCTOBER 19, 2021

In a recent report , Riskified looked at the impact of the recent shift to e-commerce on fashion retailers. Buy-Now, Pay-Later solutions can also bring in new users that were previously unable to finance an entire purchase at once. A sudden influx of new customers can mean a bump in revenue – or a wave of fraud or policy abuse.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

APRIL 19, 2021

Many retailers are already experiencing increased tariffs and supply chain snags , putting customer satisfaction at jeopardy. To overcome supply chain disruptions, many online retailers are already making changes to their existing fulfilment operations. The shockwaves presented by Brexit are now imminent.

Fulfillment 149

Fulfillment Supply Chain Management Management Promotions 149

Inside Retail

SEPTEMBER 16, 2022

The group, which owns and operates brands such as Dickies, Vans, The North Face, Timberland, Icebreaker and Supreme, said in 2021 it had made significant efforts to promote dignity, social dialogue and equal opportunities across its supply chain, and had trained over 375 of its leaders to see their own unconscious biases and be more inclusive.

Supply Chain Management 130

Supply Chain Management Management Apparel Promotions 130

Retail TouchPoints

APRIL 6, 2023

Retail is already seeing successful use cases: Albertsons recently rolled out a predictive ordering platform from Afresh Technologies designed for the rapidly changing nature of fresh products to more than 2,000 of its supermarkets, providing department managers with easy-to-use ordering tools leveraging real-time insights. Mexico border.

Payment Services 218

Payment Services Supply Chain Management Supermarket Accounting 218

Retail Bound

MARCH 21, 2024

Source: Chron – The Advantages & Disadvantages of Offering Credit Improving Cash Flow Management – While extending credit carries inherent risks, it also allows wholesalers to manage cash flow more effectively. Businesses use Resolve to manage all their cash flow and AR workflows in one place.

Payment Services 52

Payment Services Wholesale Supply Chain Management Customer Retention 52

Independent Retailer

APRIL 21, 2022

The good news is that brands who proactively take the right steps to deal with supply chain issues ahead of time can do more than just survive — they can thrive. After all, when supply chain management is effective, it is proven to lower a company’s overall costs and boost profitability. O ptimize Inventory.

Shipping 83

Shipping Supply Chain Management Management Promotions 83

Retail Minded

JANUARY 1, 2024

Even if we weed out retail theft, there are still many other reasons for profit losses, from inflation to escalating costs to retailers’ inability to accurately predict consumers’ demands and manage inventory. Contributed by Pete Reilly, COO at AnswerRocket.

Supply Chain Management 52

Supply Chain Management Inventory Management Consumer Management 52

Mass Relators

OCTOBER 16, 2023

Two short spans of time — one just over 7 seconds and the other just under 15 minutes — were among the many talking points at The Emerson Group’s 2023 Industry Day last week. Kshitij Kumar, the chief data officer at Haleon, addressed the same concern in his presentation, “Cracking the AI Code.” “The AMBLER, Pa. —

ATS 52

ATS Beauty and Health Merchant Services Supply Chain Management 52

Independent Retailer

NOVEMBER 18, 2022

More than 87 percent of consumers are now opting to buy private labels at least some of the time, and among those shoppers, 90 percent say private labels provide better value for the money. Automating Quality Management. Related articles: Strategically Grow Your Private Label with Science-Based Pricing and Promotions.

Supply Chain Management 70

Supply Chain Management Management Shipping Consumer 70

Retail Minded

MARCH 2, 2022

Walmart’s back-office manages millions of accounts receivable and millions of employee payrolls. It is a prerequisite for many retail activities, such as trade promotions, new product launches, and churn rate reduction. . Trade Promotions. If an RPA is in place, trade promotions can be done swiftly and efficiently.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

365 Retail

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. 1) Don’t play the waiting game.

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52

365 Retail

MAY 6, 2022

Certainly, the combined effects of supply chain disruption as a result of Brexit; the sharper growth in digital-purchasing patterns across all categories as a consequence of lockdowns; and a rising cost base with inflation running at a 30-year high exacerbated by geo-political tensions, will have far-reaching consequences for the industry.

Supply Chain Management 59

Supply Chain Management Promotions Point of Sale Management 59