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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. Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan.

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

Retail TouchPoints

It’s now available on-demand , which makes this a good time to issue a spoiler alert: if you haven’t seen the episode yet but plan to, don’t read any further until you have. Since taking the helm of the nutrition and wellness retailer in 2018, Leite has introduced a broad range of initiatives aimed at reviving and growing the 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

Modern retailers take advantage of advanced retail predictive analytics planning solutions. With multiple plans, and several levels of planners, plans may go through lots of re-consolidations, merging, and adding up to the “master plan”. This means that changes to plans are very cumbersome. Inventory Management.

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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 Inventory imbalances happen at a high price to retailers.

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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. Learn more at retalon.com.

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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.