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Four Ways Retailers can Leverage Generative AI to Transform their Business Today

Retail TouchPoints

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Creating a seamless inventory management journey. What’s Next?

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Academy Sports + Outdoors Expands Revionics Partnership to Optimize Customer-Centric Pricing

Retail TouchPoints

As part of the new multiyear agreement — which builds upon a partnership that started in 2016 — Academy will use the Revionics Base Price and Markdown solutions to not only optimize its pricing strategy but better manage inventory levels throughout the product lifecycle.

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Target CEO Cornell to stay on, Valdez to retire

Mass Relators

But Arthur Valdez, executive vice president and chief supply chain and logistics officer, does plan to retire from Target. He will be succeeded by Gretchen McCarthy, who most recently served as senior vice president, global inventory management. Brian Cornell. “Gretchen will be an excellent addition to our leadership team.

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

Retail TouchPoints

In an interview with Retail TouchPoints , Douang and Jason Chiu, Professional Services Group Manager for Canada at Axis Communications , revealed how they worked together to develop a seamless, secure and human-centered cashierless grocery shopping experience. As Gen Z gets older, those consumers are going to control a bigger market spend.

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10 Online Business for Sale in June

Small Biz Trends

The business currently has an average of 150 bookings annually without any advertising, so there is huge potential with the right marketing campaign. The seller is going to provide training on CRM systems, website and Instagram upkeep, and maintenance of inventory. Digital Marketing Agency. The customers are in the U.S.,

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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. IR: Will the Labs roll out elsewhere across Decathlon’s markets? IR: What is being planned for 2022?

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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 connecting marketing with merchandising).