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Bed Bath & Beyond Kicks Off $250 Million Tech Upgrade

Retail TouchPoints

The technology investment will enable Bed Bath & Beyond to use analytics and automation to support improvements in merchandising and inventory management, product lifecycle management, retail space planning and optimization, the launch of additional private-label brands, and real-time tracking of merchandise fulfillment within the supply chain.

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Rite Aid and RELEX expand partnership

Mass Relators

and RELEX Solutions announced on Thursday an expansion of their partnership to include unified supply chain and category management. They are moving to a fully unified forecasting and replenishment system, coupled with the benefits of space planning.”. ATLANTA – Rite Aid Corp.

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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

Planning challenges ultimately trickle down to pricing, which is another way brands and retailers manage to alienate their plus-sized consumers. Eventually, these very necessary changes will affect every stage of the manufacturing, supply chain and fulfillment processes, and even the customer experience.

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A Crisis Will Always Find A Supply Chain’s Weakest Link

Retail TouchPoints

Picking orders out of stores, especially when they’re open, is expensive, but proximity to the end consumer makes it easier to manage than centralized fulfilment. For many, departmental silos prevented forecasting and inventory teams from working together to identify patterns and relay information to store space planning teams.

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VMSD’s 2021 Designer Dozen: Future Proofing

VMS

Nominated by their peers, these multidisciplinary designers, architects and visual merchandisers have demonstrated a dedication to design excellence as well as a commitment to advance the customer experience at retail in ways we are only beginning to imagine. Most days I’m consumed with space planning or reviewing drawings.

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KPIs In Retail: 7 Essential Metrics to Level Up Your Retail Game

V Count

This metric can be used when planning your store layout. Improve space planning & store layout. Organizing and holding events to attract customers. Driving traffic from existing customers. Customer retention You worked hard on your marketing and managed to get new customers.