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Sensing, Not Seeing, with Vision AI as Retail’s Crystal Ball for the Future

Retail TouchPoints

This has never been more apparent than now, as consumers look to elevate their in-store shopping experiences and expect the same versatility and ease that they have obtained with modern omnichannel retail. That includes curbside pickup for online orders, checking for stock to optimize shopping trips and more.

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Store Management Costs in the Era of Ecommerce

Retail TouchPoints

The impact of this increasing growth is the resulting strain on incumbent infrastructure that was originally designed to manage only about 5% of a retailer’s total sales capacity; the steady rise in costs from stretching this capacity have shown home delivery, buy online, pick up in-store (BOPIS) and curbside fulfilment to be highly unprofitable.

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Crocs VP on building a store worthy of a cultural phenomenon, the foam clog

Inside Retail

It made sense to launch where creativity, diversity and street style thrive, Varun Sehgal, Crocs senior vice president and general manager Apac, told Inside Retail. Setting up shop After selling over 100 million pairs of shoes globally, Crocs is finally opening its first concept store in Australia. billion, up from around US$3.96

Fashion 147
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Location Data is a Must for Site Selection

Retail TouchPoints

Between difficult compliance requirements and the public’s general reluctance to shop in person at the beginning of the pandemic, many business owners have had to suspend plans for expansion, limit their operations or even shut down entirely. Despite all this, there is good news: in-person shopping is not simply going away forever.

Location 277
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EuroShop 2023 Preview

Retail Focus

EuroShop 2023 will also be focusing on key topics such as Connected Retail, Smart Store, Energy Management, Third Places, Customer Centricity, Experience and Lively City Centres. One of the key dimensions of EuroShop 2023 is Shop Fitting, Store Design & Visual Merchandising, which is the heart of EuroShop and its largest dimension.

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Fast Retailing, Inditex among the biggest family-owned retailers in the world

Inside Retail

Japan’s Seven & i Holdings received a buyout proposal from a member of its founding Ito family last week, a potential US$58 billion white-knight bid which would see the company go private and allow it to continue operating under current management. An index compiled by EY and University of St. The Arnault family currently holds 48.8

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Bunnings MD Mike Schneider: “I have the best retail job in the country”

Inside Retail

Last week, Bunnings managing director Mike Schneider joined Australian Retailers Association CEO Paul Zahra on the ARA podcast about how he began his career in retail, what a typical day looks like for him – and why he reckons he has the best retail job in the country. They were happy to take me on as a regional manager in Victoria.