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How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

There are also other supply chain benefits for businesses including improved inventory management, recall readiness, sustainability, ethical sourcing and product authentication. Their journey began in 2017 with just loose produce. “At

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Everything you need to know about Amazon’s first physical clothing store

Inside Retail

It acquired upscale US grocery chain Whole Foods in 2017, and now operates multiple bricks-and-mortar bookstores, 4-star stores (which stock a range of highly rated products) and Amazon Go convenience stores. Here is everything you need to know about Amazon Style – from how it works to what it means for the competition.

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Imagine being able to see into the future

Inside Retail

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. In time, we see this index becoming an important economic indicator for Australian consumer markets.”. Notably, it has achieved a correlation of 0.90

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Is the DTC business model dead, or just evolving?

Inside Retail

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. It was taken private in 2022 by Durational Capital Management after struggling to turn a profit.) But could it still be a beneficial way for some smaller brands to launch into a market? Absolutely.

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What is Artificial Intelligence, and How Does it Impact Your Point-of-Sale?

Star Miconics

Before AI began to appear in retail technology, large-scale monitoring of employees, inventories, transactions, customer purchase histories, or sales was next to impossible due to limited data management and analysis capabilities. In fact, a recent blog posted by Techjury revealed that the AI market is projected to grow at CAGR of 38.0%

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5 innovative fashion tech brands you should know

Inside Retail

Additionally, Farfetch is infiltrating the Asian luxury market by partnering with Alibaba’s TMall. It’s a matter of deeply understanding the needs of the shoppers in those markets and creating an inimitable shopping experience. It was 2017 when I first came across Bolt Threads during SXSW in Austin, Texas.

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Direct-to-consumer retail is about dynamism, as well as data

365 Retail

The company has been steadily culling its roster of retail partners since 2017, and recently withdrew from major fashion retailers like Urban Outfitters to focus on online growth, brick-and-mortar expansion, and customer proximity. Going direct: every capability counts. A poster child for a modern DTC brand is sportswear giant Nike.