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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

million and now account for 21.3 Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family.

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Vitamin Shoppe CEO Sharon Leite Went Undercover in Her Stores. Here’s What She Learned.

Retail TouchPoints

It’s been a while since she’s been on the front lines though — not since the late ‘80s to be exact, when she was a manager at Express. To the employees she worked with while undercover she was Marie, a former gift shop manager from Ohio whose quest for a new start was being recorded for a documentary.

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Does Procurement Play a Role in Retail Recovery?

Retail TouchPoints

For most stores with multiple locations, procurement has largely been a centralized process, with each location requesting and receiving inventory from the parent corporation, as needed. But supply chain disruptions resulting from the pandemic forced many store managers to go rogue and do whatever was needed to stay in business.

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The Global State of Autonomous Stores

365 Retail

According to Business Insider Intelligence , the number of global stores with autonomous capabilities rose from only 350 in 2018 to a forecasted 10,000 stores in 2024, with a sales transaction volume of under $70 million to over $20 billion. The sky is the limit for autonomous stores.

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How retailers are optimizing and automating their business

Retalon

Inventory Management. Traditional inventory management is fragmented silo work that doesn’t take other processes into account. Retailers can leverage Predictive Analytics automation to integrate all elements of Inventory Management ( purchasing , allocation , replenishment ) with the rest of their business.

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Coach joins Burberry and Gucci in dropping fur products

Retalon

And how can retailers determine and account for the shifts in demand that follow? Adrian is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions. Contributed by Adrian Silipo.

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Coach joins Burberry and Gucci in dropping fur products

Retalon

And how can retailers determine and account for the shifts in demand that follow? Contributed by Adrian Silipo is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions. Learn more at retalon.com.