Retail TouchPoints

NOVEMBER 8, 2022

This year the powerful combination of the special sale dates in Q4 (like Target, Amazon and Walmart holding October Black Friday events) and an increase in ecommerce holiday shopping means that this upward trend for returns will continue. Below are some considerations to prepare for the peak shopping season and the post-holiday return influx.

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Returns Markdowns Inventory Management Customer Experience 301

Retail TouchPoints

JULY 12, 2022

That’s exactly what happened at the end of June — Walmart announced the rollout of an AR shopping tool for furniture , the acquisition of AR optical tech company Memomi and shared plans for a new in-store AR shelf scanning tool. Shopping Experiences from Your Couch.

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Apparel Inventory Management Consumer Shopping 363

Retail TouchPoints

JULY 15, 2022

The pandemic threatened the livelihood of brick-and-mortar retailers, especially those with a strong presence in shopping malls. During Q4 2019, [Build-A-Bear] processed 0% of its online orders through stores,” said Chris Deck, Founder and CEO of Deck Commerce in an interview with Retail TouchPoints. “In

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Fulfillment Shipping Inventory Management Location 300

Theatro

SEPTEMBER 29, 2021

Estimates show that this holiday shopping season could be a big one for retailers, but will your stores be up for the challenge with a leaner workforce? Shoppers are widely expected to spend more this holiday season and begin their shopping earlier in the year. Haunt the Competition with a Spooky Good Curbside.

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Shopping Inventory Management Location Store Operations 52

Global Shop

APRIL 20, 2022

Heat Treatments Ltd provides manufacturing, grinding, and machining services in an ISO9001-certified machine shop. As the business continued to grow, so did the need for a more flexible, customizable ERP product that could manage the company’s two separate business streams in an all-in-one system.

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Inventory Management Planning Management Shopping 98

Retail TouchPoints

SEPTEMBER 22, 2022

This change can be attributed to retailers pursuing better inventory management. Inventory availability is not really a concern that anybody’s pointing to. It also may be a case of whether the customer acquisition cost is a long-term value versus someone who’s just price shopping. Online sales in the U.S.

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Promotions Fulfillment Inventory Management Drop-Shipping 244

I Vend

DECEMBER 8, 2021

As Christmas stories go, the one I am about to share is not quite as traditional as ‘A Christmas Carol’ or ‘It’s a wonderful life’, but as a story about shopping in 2021, it’s a really illustrative tale of the power of retail technology systems. Holly’s shopping journey was certainly complex. winter coat.

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Shopping Returns Inventory Management Customer Experience 52

Retail TouchPoints

OCTOBER 6, 2022

Among its multiple impacts, COVID-19 accelerated an elongation of the holiday shopping season that was already underway. Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that).

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Merchant Services Payment Services Promotions Location 267

Retail TouchPoints

JULY 20, 2022

There has always been a gap between consumer demands and retailer execution of seamless shopping experiences,” Wu said in an interview with Retail TouchPoints. The technology to support seamless shopping experiences is at their fingertips, but technology is only part of the equation.” Now it’s really just shopping.

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Consumer Customer Experience Inventory Management Shopping 270

Retail TouchPoints

MAY 31, 2022

This ultra-fast connectivity — when paired with other technologies such as IoT, computer vision or cloud computing — will enable everything from virtually enhanced, personalized in-store shopping to real-time planogram compliance to up-to-the-second SKU-level supply chain tracking. Enhanced, Personalized In-Store Shopping.

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Merchant Services Checkout Shrinkage ATS 353

Inside Retail

MARCH 8, 2023

“[For] pureplay [businesses], you can only shop online with those customers. King added that almost two-thirds of its customers visit the website before shopping in-store, or vice versa. They] are almost a smaller version of a shopping centre [which] essentially sells retail space,” Professor Mortimer said.

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Department Stores Net Profit Inventory Management Management 147

Inside Retail

MARCH 23, 2022

“What we’ve seen is occupancy up around 99 per cent in core logistics portfolios,” says Hutcheon, “so it’s critical to understand where our customers need to be in the future as they grow, which is why there was very strong activity in industrial leasing relative to the past 10 years up to 2019.

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Fulfillment Inventory Management Returns Location 130

Inside Retail

DECEMBER 7, 2021

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. The gain in the Retail spending intentions index in November points towards a strong Christmas shopping period.

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Payment Services Inventory Management Accounting Consumer 130

Retail TouchPoints

JANUARY 5, 2023

s pullback from standalone brick-and-mortar — in 2019 the company closed its 22 stores — and that move was aimed at refocusing the business back on its already strong retail distribution base. I don’t want to spend my paid media dollars on my most engaged consumer — they already shop with us and love us,” said Chopra. “I

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Customer Experience Consumer Management Marketing 303

I Vend

JANUARY 20, 2021

billion in 2019 and is expected to grow at a CAGR of over 27% from 2020 to 2026. Growing adoption of cloud-based payment systems for inventory, employee, sales, and customer management in small businesses will boost the market growth. Cloud POS Market size exceeded USD 1.5

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Payment Services Social Commerce Checkout Fulfillment 98

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.

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Markdowns Inventory Management Drop-Shipping Apparel 128

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

2019, $ 20.7B. Entertainment gifts such as tickets to an event or pampering spa packages are also on the shopping list by 41%. since 2019 which is twice the size the holiday sales scored in 2018 (2.4%). 2010, $14.1B. 2015, $18.9B. 2020, $27.4B. Overall Valentine’s Day survey results indicate a steady growth of 4.1

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

2019, $ 20.7B. Entertainment gifts such as tickets to an event or pampering spa packages are also on the shopping list by 41%. since 2019 which is twice the size the holiday sales scored in 2018 (2.4%). 2010, $14.1B. 2015, $18.9B. 2020, $27.4B. Overall Valentine’s Day survey results indicate a steady growth of 4.1

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

2019, $ 20.7B. Entertainment gifts such as tickets to an event or pampering spa packages are also on the shopping list by 41%. since 2019 which is twice the size the holiday sales scored in 2018 (2.4%). 2010, $14.1B. 2015, $18.9B. 2020, $27.4B. Overall Valentine’s Day survey results indicate a steady growth of 4.1

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Jewelry Specialty Store Point of Sale Inventory Management 40

VMS

SEPTEMBER 3, 2021

This mobile interaction unifies traditional retail with e-commerce for a true omnichannel shopping experience, the holy grail for many retailers. In 2019, the U.K.-based It quietly solved many of the pricing control and inventory management issues that plagued the brick-and-mortar space for many years.

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ATS Visual Merchandising Promotions Kiosk 83

Retalon

MARCH 4, 2019

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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Inventory Management Markdowns Planning Fulfillment 32

365 Retail

MAY 7, 2021

In fact, recent figures showed that footfall in physical stores dropped by a whopping 50% in comparison to the same figures for 2019. Rather morbidly, it’s entirely possible that many high-street branches and physical stores will close before the appetite for physical shopping returns.

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Merchant Services Payment Services Returns Inventory Management 96

Retail Minded

JANUARY 26, 2022

But TikTok and Twitter are also experimenting with shopping features. In fact, 81% of shoppers research products on Instagram and Facebook, and shopping is a top priority for 48% of Pinterest users. They love social commerce because it combines entertainment and shopping – much like traditional shopping centres do.

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Social Commerce Merchant Services Inventory Management Shopping 52

Retail Minded

JANUARY 25, 2022

But TikTok and Twitter are also experimenting with shopping features. . In fact, 81% of shoppers research products on Instagram and Facebook, and shopping is a top priority for 48% of Pinterest users. . They love social commerce because it combines entertainment and shopping – much like traditional shopping centres do.

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Social Commerce Merchant Services Inventory Management Shopping 52

I Vend

AUGUST 24, 2021

in 2019 to 14.8% Safe and contactless payment options Online/offline integration enables retailers to offer a wider range of options to help customers feel safe and secure when shopping. Inventory visibility In order to achieve online/offline integration, retailers need flawless inventory management.

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Inventory Management Customer Experience Planning Management 52

Retalon

JULY 15, 2019

Promotions and pricing management : suggests the most profitable promotions based on a range of variables, including product cannibalization and inventory management. Retalon Predictive Analytics 15 July, 2019 "/> Retail Sales Promotion Goals, Examples, and How AI is Optimizing Them. Know the ROI before you buy!

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Markdowns Promotions Inventory Management Planning 32

Retail Geek

NOVEMBER 29, 2023

They analyze data from various sources to provide insights into the holiday shopping season. They discuss the potential impact of mobile wallets on shopping behavior and note that BNPL resonates with new consumers and has replaced layaway. billion consumers are shaping shopping trends. According to the U.S.

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Merchant Services Payment Services Consumer Shopping 69

Retalon

AUGUST 20, 2019

This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. Consumers can find the same products across the globe, and now, consumers can comparison shop online and find the lowest priced goods in seconds.

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Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 16, 2019

The growth of online and mobile shopping spheres has created more opportunities to connect with shoppers, but introduced new challenges where personalization and consistency are concerned. Unless you truly believe you’ll add value and create more incentive for consumers to shop, your time and money could be better spent elsewhere.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retalon

AUGUST 20, 2019

This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. Consumers can find the same products across the globe, and now, consumers can comparison shop online and find the lowest priced goods in seconds.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 16, 2019

The growth of online and mobile shopping spheres has created more opportunities to connect with shoppers, but introduced new challenges where personalization and consistency are concerned. Unless you truly believe you’ll add value and create more incentive for consumers to shop, your time and money could be better spent elsewhere.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retail Minded

MAY 14, 2022

A mass shift to online shopping, particularly for home fitness equipment, meant Bells of Steel’s team of seven couldn’t keep up with surging demand. “I often refer to Bells of Steel in ‘pre and post-pandemic’ terms”, Khoozani said. “As As everything changed for us in 2020.”. Khoozani hit a crossroads. “I That’s exactly what happened to us.”.

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Drop-Shipping Inventory Management Management Fulfillment 52

Retail Geek

NOVEMBER 9, 2023

In addition to the top line forecasts, we touch on retail versus e-commerce, changing shape of the holiday, discounting climate, inventory and supply chain impacts, top performing categories, the economy, and the impact of rapidly growing Chinese brands (Temu, Shein, TikTok). billion consumers are shaping shopping trends.

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Beauty and Health Returns Apparel Consumer 64

Retail Prophet

JULY 18, 2022

Failing to do so will send capital, growth, and prosperity shopping elsewhere. Sprinkle in some accounting for seasonality and you’ve got inventory management 101. It’s reasonable therefore to assume a more aggressive pursuit by government of corporate accountability in these areas. Rebuild for Intelligence.

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Dead-Stock Shipping Merchant Services Markdowns 59

Retail Geek

JANUARY 20, 2023

The AI for inventory management is super interesting like these models that are doing demand forecasting that are doing kind of. 9:30] Every every single vendor downstairs. percent using the same definition of retail so. [24:38] 25:20] This is going to be a big holiday season and then and so you 5.2

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Social Commerce Fulfillment Drop-Shipping Loss Prevention 52