Retail TouchPoints

FEBRUARY 29, 2024

It’s easy to understand, emotionally, why consumers would want to shop from a store that tailors its product assortments to the neighborhood they live in. For large chain retailers, it’s a way of letting the community know that consumers are seen and that the store wants to be part of the community. said can impact sales.

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Shopping Consumer Location Planning 289

Retail TouchPoints

APRIL 17, 2024

URBN , parent company of Urban Outfitters , Anthropologie , Free People and FP Movement , will adopt Stripe as its primary payments infrastructure for both online and in-store sales, consolidating the majority of its North American payments volume onto the solution provider.

Payment Services 264

Payment Services Merchant Services Checkout Accounting 264

Retail TouchPoints

FEBRUARY 26, 2024

In the more than 70 years since Joseph Sherwood bought a bankrupt jewelry store in Bell Gardens, Calif., much has changed in the world, and in retail. Sherwood took Retail TouchPoints behind the scenes of the chain’s technology and service evolution as it continues to grow across the West.

Loss Prevention 299

Loss Prevention Jewelry Payment Services Accounting 299

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management.

Point of Sale 287

Point of Sale Promotions Inventory Management Grocer 287

Retail TouchPoints

JANUARY 12, 2024

Amazon ’s cashierless Just Walk Out technology has been deployed in more than 120 third-party locations, including airports, stadiums, university campuses, convenience stores and theme parks. Non-staff members can use credit cards, mobile wallets, QR codes or the Amazon One palm payment system to enter and shop at the checkout-free stores.

Payment Services 264

Payment Services Accounting Checkout Apparel 264

Retail TouchPoints

FEBRUARY 28, 2024

This same guided approach to building can be applied to data models, especially useful for achieving fast, low-risk and low-cost models suited for purpose in specific vertical industries like retail commerce. Model reusability: Predefined and prebuilt data models can be reused for different analytical and data activation use cases.

Inventory Turnover 260

Inventory Turnover Supply Chain Management Store Layout Marketing 260

Retail TouchPoints

APRIL 11, 2024

We are past the point of conjecture about whether AI will upend the retail industry; it already has. In a recent study sponsored by Nvidia, 69% of retailers that used AI in 2023 reported that it increased revenues, and 72% said it reduced operating costs. But what are the most forward-thinking retailers doing with AI this year?

Consumer 290

Consumer Customer Experience Checkout Shopping 290

Retail TouchPoints

OCTOBER 31, 2023

Price Chopper/Market 32 has expanded its partnership with fresh grocery platform Invafresh , which already helps the 131-store supermarket chain prevent 20 tons of food from being wasted each week. Supermarket retailer Weis Markets also began working with Invafresh in August 2022.

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Supermarket Marketing Management Shopping 264

Retail TouchPoints

APRIL 6, 2022

Shopping center owners and operators have faced rapid shifts in the retail landscape over the last few years due, in part, to an increase in online shopping and the buy online, pick up in-store response to the COVID-19 pandemic.

Shopping 321

Shopping Promotions Kiosk Location 321

Retail TouchPoints

JUNE 21, 2023

For as long as shrink has been an issue in retail, it’s primarily been tied to human mistakes or crime. Theft, store associates mislabeling items and products getting damaged in a warehouse or store are three human examples that unfortunately impede profits. All these technology examples play a part in reducing shrink.

Loss Prevention 272

Loss Prevention Checkout Marketing ATS 272

Tokinomo

JUNE 28, 2023

It's time to dive into the world of data analytics and how it can supercharge brick-and-mortar stores. In this article, we're going to explore why data analytics is an absolute game-changer for physical retailers.

Retail Marketing 196

Retail Marketing Marketing 196

Retail TouchPoints

DECEMBER 4, 2023

The retail industry is facing exceptional challenges in this post-pandemic era. So how can retailers survive and thrive in this new normal? To overcome these hurdles, artificial intelligence (AI), automation and robotics have emerged as game-changing solutions that are driving the retail industry forward.

Operating Expenses 264

Operating Expenses Shipping Accounting Shopping 264

Inside Retail

APRIL 22, 2024

Security cameras and access control systems are a vital layer of protection that all retailers should consider when it comes to store loss prevention strategies. AI analytics: By using AI in cameras to detect threats and suspicious behaviour, retail security teams can instantly respond to events.

Loss Prevention 147

Loss Prevention Management ATS 147

Retail TouchPoints

MARCH 15, 2024

After all, a digital shelf displays your products for the customer to browse, just like a shelf in a brick-and-mortar store would. Identifying the performance and optimization opportunities for all these elements requires digital shelf analytics (DSA) to cover a variety of data points. This comparison, however, has its limits.

Inventory Management 264

Inventory Management Telecommunications Location Marketing 264

Retail TouchPoints

SEPTEMBER 21, 2023

billion , according to a National Retail Federation (NRF) and Prosper Insights & Analytics survey. Consumers will be shopping early for festive décor and other related items, and retailers are prepared with the inventory to help customers and their families take part in this popular and fun tradition.”

Discount Store 278

Discount Store Consumer Planning Returns 278

Retail TouchPoints

AUGUST 31, 2021

Zebra Technologies will acquire antuit.ai , a provider of AI-powered Software-as-a-Service (SaaS) solutions designed to assist with forecasting and merchandising in the retail and CPG industries. will serve as the planning and demand forecasting module within Zebra’s retail software portfolio. Unify sales, trade and demand planning.

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Promotions Planning Consumer Management 317

Retail TouchPoints

MARCH 18, 2024

Retailers have been eager to jump on the generative AI bandwagon: according to a new survey conducted by Salesforce and the Retail AI Council , retail executives estimate that 36% of their employees already are using generative AI today, with that figure projected to rise to 45% by 2025.

Store Operations 317

Store Operations Shopping Marketing Management 317

Star Miconics

MAY 6, 2022

Paired with Star’s TSP143IVUE and mC-Print3, Accuvia Software Group helps retailers better understand their customers by offering a comprehensive set of software solutions. Accuvia Software Group is thrilled to partner with Star Micronics to provide retailers with the necessary tools to grow their business effectively.

Point of Sale 52

Point of Sale Management Promotions Returns 52

Retail TouchPoints

AUGUST 1, 2023

How can retailers transform losses into profits? As a result, profitability is now a top priority for retail CEOs. Faced with shifting economic and consumer dynamics, retail leaders strive to unlock strategies that turn losses into profits. Despite the appeal and growth of ecommerce, retail profitability has been on a decline.

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Drop-Shipping Consumer Shipping Returns 246

Retail TouchPoints

OCTOBER 26, 2023

From the customer service of store associates to the quality of the products for sale, every store visit has its own unique factors that play into a customer’s overall satisfaction — factors that become irrelevant if the product a shopper is looking for isn’t available. According to a Retail Insight survey of over 1,000 U.S.

Checkout 263

Checkout Supermarket Fulfillment Consumer 263

Retail TouchPoints

JULY 11, 2023

Similar to the games NFL players compete in each week of the season, retail is hypercompetitive and ever-changing. Football fans expect an exciting competition and amazing experiences if they visit the stadium, just as retail customers expect personalized experiences and quality products.

Payment Services 213

Payment Services Inventory Management Consumer Returns 213

Retail TouchPoints

FEBRUARY 15, 2023

Google Cloud and Accenture are expanding their strategic partnership with a series of new initiatives to help retailers modernize their businesses and transform store operations. and all of those have a data and analytics element, which is what we’re helping them figure out.” Current customer Albertsons Cos.

Merchant Services 290

Merchant Services Markdowns Store Operations Planning 290

Retail TouchPoints

APRIL 5, 2021

Regional convenience and fuel retailers H&S Energy of California, E.J. The Hypersonix enterprise AI platform allows companies in the convenience and fuel segment to provide non-technical business stakeholders with AI-powered diagnostic, predictive and prescriptive analytics that allow them to make better, faster decisions.

Location 206

Location Store Operations Marketing ATS 206

Retail TouchPoints

MARCH 28, 2023

The partnership between DGMN and Meta is the result of an earlier test, and the deal makes Dollar General the first retailer to offer Meta’s Advanced Analytics solution. Advanced Analytics also will enable DGMN to measure and analyze the impact of its efforts in a secure environment. “We

Advertising 298

Advertising Returns Marketing ATS 298

Retail TouchPoints

DECEMBER 7, 2023

Coldwater Creek has completed its purchase of Soft Surroundings , a women’s clothing and accessories retailer that filed for bankruptcy protection in September 2023. ” As part of its restructuring agreement, Soft Surroundings closed its brick-and-mortar stores, but it has continued to operate as an online DTC retailer.

Returns 278

Returns Finance Accessories Consumer 278

Retail TouchPoints

SEPTEMBER 28, 2022

Ecommerce platform Shopify is now aiming to help retailers sell anywhere through its unified POS Go all-in-one retail hardware device for omnichannel sellers. This latest addition to Shopify’s offerings relies on the company’s point-of-sale software, which is designed to allow retailers to sell online and offline.

Merchant Services 309

Merchant Services Payment Services Checkout Point of Sale 309

Retail TouchPoints

JULY 17, 2023

Radar , a technology company that provides a platform to support in-store inventory accuracy and location, has secured $30 million in a Series A funding round led by returning investor Align Ventures, along with The Ferrante Group, Future Archives and RX Ventures, which is the venture capital arm of South American retailer Lojas Renner.

Location 238

Location Fulfillment Returns Customer Experience 238

Retalon

AUGUST 16, 2019

PRESS RELEASE on Yahoo Finance: Hard Rock International Retail Shops Improve Forecasting, Planning, and Replenishment with Retalon Predictive Analytics and AI. Rock Shop stores are now able to trust ‘with 99.9 percent certainty’ their new demand forecasts. Read Article on Yahoo Finance Here.

Finance 32

Finance Fulfillment Customer Experience Planning 32

Retail TouchPoints

JULY 13, 2023

JD Sports , a global retailer with more than 3,000 stores worldwide, has adopted a suite of solutions designed to boost its growth in Canada, a market the retailer entered in 2021. The company currently operates 23 stores in Canada under the JD , size? The Retail Management Suite from Jesta I.S.

Loss Prevention 245

Loss Prevention Management Planning Location 245

Retail TouchPoints

MARCH 27, 2023

The retailer will tap into Reveal’s Visit Local solution to measure incrementality from paid social and programmatic campaigns, create and activate custom audiences based on places consumers shop and understand store-level analytics such as visitor volume, frequency and competitive analysis. ” .

Customer Retention 315

Customer Retention Marketing Consumer Shopping 315

Inside Retail

AUGUST 1, 2023

Australian retail conglomerate Wesfarmers is doing exactly that as it undertakes a merger of the back-end services of its discount department store chains, Kmart and Target. But it’s not just the retail behemoths that can save money and even improve customer experience with a back-end review. Smaller retailers can, too.

Customer Experience 246

Customer Experience Department Stores Promotions Checkout 246

Retail TouchPoints

DECEMBER 10, 2020

Shopko Optical has partnered with SiteSeer Technologies to harness its suite of analytic tools, with plans to use them for site selection during an upcoming brick-and-mortar expansion phase.

Planning 273

Planning Location Store Operations ATS 273

Retail TouchPoints

MARCH 2, 2023

Engage3 aims to help retailers grow revenue and drive store trips by tracking and optimizing their price image through the Omnichannel Intelligence module, part of the Price Image Management suite.

Location 276

Location Management Consumer 276

Retail TouchPoints

AUGUST 8, 2022

The application is designed to deliver current store-level data, actionable analytics and shelf intelligence to help suppliers plan, forecast and optimize product assortment. Gaining better insight into product assortment will enable the retail giant to reduce the friction caused by out-of-stocks.

Planning 299

Planning Management 299

Retail TouchPoints

MAY 19, 2022

The solution provider connects shoppers with retail agents, friends and product and category experts through livestreaming sessions. Its inaugural customers include Peruvian home and electronics retailer Promart and Brazilian sports apparel retailer Innovasport.

Shopping 290

Shopping Apparel Consumer Social Commerce 290

Retail TouchPoints

APRIL 11, 2022

Likewise, Deloitte shared its perspective on the evolving employment landscape and how retailers are working to “convert pandemic struggles into strengths.”. From cost increases to logistics bottlenecks to staffing challenges, there seems to be no end to the list of obstacles to efficient, profitable retail operations.

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Shipping Shopping Consumer Accounting 306

Retail TouchPoints

JULY 12, 2023

The past few years have been a rollercoaster ride for the retail industry. Then, last year, in-store sales grew faster than online sales, while ecommerce stocks took a big hit. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry.

Payment Services 246

Payment Services Inventory Management Checkout Loss Prevention 246