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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. These reports provide managers and owners with information that uncovers deeper insights.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Source: Bloomberg "[Forever 21] has lost much of the excitement and oomph which is critical to driving footfall and sales and is now something of an also-ran which is too easily overlooked," said Neil Saunders, the managing director of GlobalData Retail. By 2017 Forever 21 decided it would open 40 F21 Red stores within that year alone.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

Hedge fund manager Edward Lampert, who is also Sears’ former Chairman and CEO and largest shareholder, purchased the company in bankruptcy proceedings for only $5.2 Consumers were finally given a way to access merchandise at much lower prices than what was available from nearby merchants. Retail stores. It was a runaway success.

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The Benefits & Cons of Selling on Amazon, 10 Factors to Consider

Indigo 9 Digital

If an organization decides to enter Amazon’s FBA program they send their inventory to Amazon then Amazon manages storage of the inventory within its facilities, shipping and customer service (including returns). If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox.

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What to Sell on Shopify?

Small Biz Trends

These restricted items include but are not limited to certain firearms and parts, goods or services that promote self-harm, COVID-19 products that flout the rule for the sale of COVID-19 related products, etc. during 2017-2030, reports Goldstein Market Intelligence. Laptop Stands. Pregnancy books. Comfortable shoes. Hot water bottle.