Retail TouchPoints

JUNE 13, 2023

Customer-focused digital transformation is important for any retail business, but the pandemic-induced volatility and fast pace of change in the industry means that such transformations need to occur in all areas of the enterprise, from product design to planning and supply chain.

Customer Experience 219

Customer Experience Inventory Management Marketing Consumer 219

Retail TouchPoints

AUGUST 14, 2023

This change is necessary to provide the real-time data that powers the robots and automation tools that are central to retailers’ inventory management. Autonomous store is no longer just a theory or trend — since their inception in 2018, dozens of stores have been deployed around the world, with a vast majority in the past year alone.

Payment Services 193

Payment Services Checkout Inventory Management Grocer 193

Retail TouchPoints

AUGUST 31, 2021

However, AI truly differentiates itself in inventory management, shelf workload and identifying products that will upsell successfully. For example, Amazon opened its first cashierless store in 2018, and its pilot Seattle store generated an estimated $1.5 million per year in revenue.

Inventory Management 188

Inventory Management Location Marketing Planning 188

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

Retalon

DECEMBER 31, 2018

The rapid expansion of unified commerce is forcing retailers to accelerate the maturity of their demand planning. Retail supply chain leaders who recognize the importance of planning can use this research to benefit their search for forecasting and replenishment solutions from providers such as Retalon.

Inventory Management 32

Inventory Management Planning Marketing Management 32

365 Retail

DECEMBER 12, 2023

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.

Payment Services 59

Payment Services Checkout Store Layout Inventory Management 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 MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. since 2019 which is twice the size the holiday sales scored in 2018 (2.4%). Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general.

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. since 2019 which is twice the size the holiday sales scored in 2018 (2.4%). Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general.

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

Retalon

MARCH 4, 2019

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.

Inventory Management 32

Inventory Management Markdowns Planning Fulfillment 32

Small Biz Trends

JUNE 25, 2022

Established in 2018, this Decor Rental and Balloon Business has solid brand visibility and booked clients. This includes media buying, video production, graphic design and other creative services, strategic planning, website development, and more. Decor Rental and Balloon Business. Established in 2007 this soon-to-be Inc.

Drop-Shipping 94

Drop-Shipping Apparel Finance Specialty Store 94

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. since 2019 which is twice the size the holiday sales scored in 2018 (2.4%). Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general.

Jewelry 40

Jewelry Specialty Store Point of Sale Inventory Management 40

Retalon

OCTOBER 20, 2014

After the initial success with implementation of Retalon Inventory Management system, Shane Co. Retalon is a leading provider of Predictive Analytics solutions for supply chain, inventory management, pricing, merchandising, planning and marketing operations. ” About Retalon. . ” About Retalon.

Jewelry 32

Jewelry Inventory Management Markdowns Management 32

Retalon

OCTOBER 20, 2014

After the initial success with implementation of Retalon Inventory Management system, Shane Co. Retalon is a leading provider of Predictive Analytics solutions for supply chain, inventory management, pricing, merchandising, planning and marketing operations. ” About Retalon. . ” About Retalon.

Jewelry 32

Jewelry Inventory Management Markdowns Management 32

Retalon

FEBRUARY 13, 2018

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.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

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 Next

MARCH 3, 2020

Last year (2019) was undoubtedly the most eventful yet, with a number of major global players announcing plans to reduce the amount of plastic they use and make their packaging more recyclable, including Procter & Gamble, PepsiCo, Nestlé , Unilever , Aldi and Walmart , just to name a few. Offsetting.

Markdowns 64

Markdowns Inventory Management Consumer Shipping 64

Retalon

FEBRUARY 13, 2018

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.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

JUNE 19, 2017

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. Matt Pillar wrote a great piece about the retailer in Innovative Retail Technologies.

Merchant Services 32

Merchant Services Specialty Retailers Inventory Management Promotions 32

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

Retalon

JULY 4, 2018

If you’re a retailer reading this in 2018, you need to pat yourself on the back! A Forrester research team surveyed retailers on what they plan to implement to support fulfillment efforts. Yan Krupnik is the Business Development Manager at Retalon, the world’s leading provider of Predictive Analytics for retailers.

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

Retalon

DECEMBER 22, 2014

How to you distribute/allocate inventory to stores while considering dozens of factors such as geo-demographic diversity, store capacity, consumer demand, local promotions, and special/rare events (eg. How much extra inventory should be ordered for planned promotions? Super bowl in your city)?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

DECEMBER 22, 2014

How to you distribute/allocate inventory to stores while considering dozens of factors such as geo-demographic diversity, store capacity, consumer demand, local promotions, and special/rare events (eg. How much extra inventory should be ordered for planned promotions? Super bowl in your city)?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

NOVEMBER 29, 2014

At Retalon we’ve developed predictive analytics technology for retailers for over 10 years, including smart fulfillment tools, price optimization, inventory management and more. Retailers don’t need to develop their own algorithms. Retailers should begin by getting a personalized analytic assessment. 1] [link]. [2] 2] [link]. [3]

Fulfillment 32

Fulfillment Markdowns Shipping Inventory Management 32

Retail TouchPoints

FEBRUARY 12, 2021

RFID is also being extended for item-level identification as part of future-forward innovation plans, such as the adoption of blockchain for increased transparency. The lack of digitization in the supply chain coupled with unpredictable demand makes inventory management chaotic at best.

Fulfillment 228

Fulfillment Markdowns Inventory Management Customer Experience 228

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

Most retailers will run promotions with minimal consideration of inventory. Moreover, an integrated predictive analytics platform unifies promotions with inventory management. The technology also understands the effects of different media types and best timing of promotions. Learn more at www.retalon.com.

Promotions 32

Promotions Inventory Management Accounting Fulfillment 32

Retalon

MAY 28, 2018

Most retailers will run promotions with minimal consideration of inventory. Moreover, an integrated predictive analytics platform unifies promotions with inventory management. The technology also understands the effects of different media types and best timing of promotions. Learn more at www.retalon.com.

Promotions 32

Promotions Inventory Management Accounting Fulfillment 32