article thumbnail

Exclusive Q&A: Cashierless Grocery Requires a ‘Very Human Response to the Customer’

Retail TouchPoints

Douang and his co-founders Josh Douang and Marie Yong knew there had to be a better way to manage the 24-hour grocery retail business without being on location around the clock. Moving into cashierless, touchless and cashless was the natural progression of the retail industry.”. Building a Smart, Secure Store Experience.

article thumbnail

10 Online Business for Sale in June

Small Biz Trends

The seller is going to provide training on CRM systems, website and Instagram upkeep, and maintenance of inventory. The business is located in Colmar, PA with an asking price of $300,000 and a cash flow of $165,000. Established in 2016, the business sells products manufactured specifically for this brand, and others.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Robots, RFID tags and an incubator area: Inside Decathlon’s new Data Lab

Inside Retail

Stephan Veyret : Starting out as an e-commerce sports retailer in Singapore, Decathlon Singapore became one of the pioneers in the omnichannel approach with the establishment of our first experience store at Bedok in 2016. Lastly, the Data Lab is located strategically within the Kallang Alive district.

article thumbnail

Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Each year, inventory imbalances cost retailers an estimated $1.1 trillion annually.

article thumbnail

Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Each year, inventory imbalances cost retailers an estimated $1.1 trillion annually.

article thumbnail

Best Online Fashion Marketplaces: 10 Giants with Utmost Features

I Love Fashion

For example, inventory management, payment systems, shipping methods, cross-channel marketing, mobile apps, and many more. Provide information like location, currency, shop name, etc. Facebook Fashion Marketplace Establishment: 2016 Overview Facebook marketplace is a new section added where people can buy and sell items.

Fashion 52
article thumbnail

The Solution for Smart Fulfillment and Omni Channel Retailing

Retalon

This means that a store must not only carry enough inventory to satisfy forecasted demand, but also additional stock to satisfy any online or mobile orders that will be fulfilled though their location. Retailers don’t need to develop their own algorithms. Retailers should begin by getting a personalized analytic assessment.