Remove Finance Remove Management Remove Promotions Remove Store Layout
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Navigating the unique challenges of holiday shopping in 2023

Inside Retail

Consumers are still feeling enormous financial pressures, and many are heading into this period with little optimism towards their finances. The last quarter of the year typically sees retailers jump behind any promotional event as a way to entice consumers over competition. But this shouldn’t just be a retail race to the bottom.

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Inventory Accuracy: The Not-so-Secret Ingredient for Holiday Sales Success

Retail TouchPoints

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

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Stop out of stocks denting your profits this holiday season

I Vend

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

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How to Use Wi-Fi Marketing to Engage Shoppers

Retail Next

When you set up the captive portal, ask shoppers for an email address and include a message saying that, by sharing their email address or social media profile, they are granting you permission to send promotional content. This way, you can invite anyone to come back in, regardless of whether they’ve purchased from your store before or not.

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The Rise of AI in Retail: Transforming the Industry Online, In-Store, and Socially

365 Retail

AI has the potential to revolutionize various sectors, including healthcare, education, finance, transportation, agriculture and of course, retail. Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies.