Retail TouchPoints

JANUARY 20, 2022

For most types of consumer retail stores, the pandemic scared regulars away, diminished traffic from visitors, altered consumer preferences, snapped formerly reliable supply chains and required dramatic shifts in the way stores serve their clientele. But that’s only part of the story.

Merchant Services 259

Merchant Services Clienteling Shipping Inventory Management 259

Independent Retailer

JULY 29, 2022

RFID technology allows retailers to gain a greater view of their on-hand inventory with 93-99 percent inventory accuracy by scanning hundreds of items within seconds. Interactive fitting rooms increase consumer engagement by providing outfit and accessory suggestions, size availability, and color options. by Dean Frew.

Customer Experience 78

Customer Experience Shrinkage Checkout Inventory Management 78

Wiser

APRIL 7, 2020

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry.

Markdowns 128

Markdowns Inventory Management Drop-Shipping Apparel 128

Wiser

MAY 20, 2020

It’s a complex decision that involves customer behavior, marketing, supply chain and inventory management, and other functional areas. Everyday low pricing is a pricing strategy in which brands and retailers promise consumers that their prices will be consistently low, as opposed to having sporadic discounts or promotions.

Markdowns 148

Markdowns Promotions Inventory Management Consumer 148

Retalon

JULY 23, 2018

Yan Krupnik is the Business Development Manager at Retalon, the world’s leading provider of Predictive Analytics for retailers. Since 2002 Retalon has optimized pricing, inventory management, merchandising, planning, and marketing operations for retail organizations in a variety of industries.

Consumer 32

Consumer Payment Services Fulfillment Inventory Management 32

365 Retail

DECEMBER 12, 2023

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

Payment Services 59

Payment Services Checkout Store Layout Inventory Management 59

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

With a positive consumer confidence, good level of savings, and growing household incomes, consumers are once again ready to pamper their friends, families and close collaborators. since 2019 which is twice the size the holiday sales scored in 2018 (2.4%). 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B. 2020, $27.4B.

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

With a positive consumer confidence, good level of savings, and growing household incomes, consumers are once again ready to pamper their friends, families and close collaborators. since 2019 which is twice the size the holiday sales scored in 2018 (2.4%). 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B. 2020, $27.4B.

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

Inside Retail

AUGUST 17, 2021

The 2021 State of Fashion report published by McKinsey showed that data captured in the past 18 months indicates fashion moved “five years forward in consumer and business adoption of digital in a matter of months”. Starting with Chanel, Farfetch aims to enhance interactions between consumers and sales associates.

Fashion 130

Fashion Beauty and Health Apparel Accessories 130

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

With a positive consumer confidence, good level of savings, and growing household incomes, consumers are once again ready to pamper their friends, families and close collaborators. since 2019 which is twice the size the holiday sales scored in 2018 (2.4%). 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B. 2020, $27.4B.

Jewelry 40

Jewelry Specialty Store Point of Sale Inventory Management 40

Star Miconics

MARCH 1, 2024

Explore the mPOP > Label Printers for Streamlined Order and Inventory Management Accuracy and organization are paramount in a restaurant’s service, making label printing solutions invaluable. 4 Restaurant Technology Challenges for the Next Decade The wants and needs of the consumer are constantly evolving and changing.

Inventory Management 59

Inventory Management Accessories Fulfillment Promotions 59

Retalon

APRIL 25, 2017

The post Guide for Unified Price, Promotion and Markdown Optimization Applications appeared first on Retalon.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retail Next

MARCH 3, 2020

In his article, “ Sustainability and the consumer in 2019 ,” Duncan Baizley painted a very clear (and research-based) picture of how consumers see corporate sustainability, noting that brands will need to move beyond messaging and rather token-like gestures and embrace real, systemic change. Supply chains. Offsetting.

Markdowns 64

Markdowns Inventory Management Consumer Shipping 64

Retalon

NOVEMBER 19, 2018

Adrian is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions. Retalon’s solutions are built one unified platform to account for all factors influencing your business. Learn more at retalon.com.

Markdowns 32

Markdowns Fashion Inventory Management Accounting 32

Retalon

NOVEMBER 19, 2018

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. Retalon’s solutions are built one unified platform to account for all factors influencing your business.

Markdowns 32

Markdowns Fashion Inventory Management Accounting 32

Retail TouchPoints

JANUARY 12, 2022

To account for this rapidly evolving environment, savvy convenience retailers have focused on closing the gap between what consumers expect and what retailers can deliver. According to NewVoiceMedia’s 2018 Serial Switchers report, businesses lose $75 billion a year due to poor customer service. Focus on service. in 2020 despite a 13.9%

Payment Services 268

Payment Services Wholesale Inventory Management Consumer 268

Retalon

JULY 4, 2018

If you’re a retailer reading this in 2018, you need to pat yourself on the back! Consumer behavior & expectations have changed. So what are retailers missing that is keeping them from turning all this data into tangible actions that reflect consumer expectations? Here’s the list of stores closing this year.).

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

Retalon

NOVEMBER 29, 2014

Many of them have to do with how consumers use technology to make a purchase. Meanwhile, mobile technology has surged allowing consumers to go shopping on their personal device from their pocket at anytime. In the past 5 years there have been several trends that have changed the way retailers operate their businesses. 1] [link]. [2]

Fulfillment 32

Fulfillment Markdowns Shipping Inventory Management 32

Inside Retail

JULY 14, 2024

Consumers who use the service are often effusive about the technology, with Reddit threads about it. By 2018, that cost had dropped to between 3c and 8c and today, in volume, as little as 4c. With a ‘tap-and-go’ debit or credit card, the shopper can be on their way in as little as 60 seconds. Pretty cool,” wrote one fan.

Checkout 244

Checkout Payment Services Apparel Inventory Management 244

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. The DCs and logistics functions provide inventory/supply chain data, as well as the procurement/purchasing department, e-commerce, and more. How much extra inventory should be ordered for planned promotions?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. The DCs and logistics functions provide inventory/supply chain data, as well as the procurement/purchasing department, e-commerce, and more. How much extra inventory should be ordered for planned promotions?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retail TouchPoints

FEBRUARY 12, 2021

According to the researchers at the Auburn University RFID Lab, a typical brick-and-mortar retailer without RFID has about 60% SKU-level accuracy, which is simply not acceptable anymore to keep up with consumer demands for speedy fulfillment and a wide product selection. RFID can raise inventory visibility up to 99%.

Fulfillment 273

Fulfillment Markdowns Inventory Management Customer Experience 273

Retalon

JULY 15, 2019

Some shocking examples of overstock include Swedish apparel giant H&M , which reportedly amassed $4 billion worth of unsold clothing as of June 2018. In the end, much of the unsold overstock inventory was donated to charity or recycled. On the heels of this news, stock in the company plunged by 28 percent in 2018.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retalon

MAY 28, 2018

As consumer behavior continues to evolve and retailers’ interactions with customers change, merchants need to be able to proactively allocate inventory to the best channels/locations to offer flexible fulfillment options and maintain a consistent experience. Most retailers will run promotions with minimal consideration of inventory.

Promotions 32

Promotions Inventory Management Accounting Fulfillment 32

Retalon

MAY 28, 2018

As consumer behavior continues to evolve and retailers’ interactions with customers change, merchants need to be able to proactively allocate inventory to the best channels/locations to offer flexible fulfillment options and maintain a consistent experience. Most retailers will run promotions with minimal consideration of inventory.

Promotions 32

Promotions Inventory Management Accounting Fulfillment 32