Retail TouchPoints

MAY 17, 2024

Inventory optimization. Another way AI can assist is with inventory management solutions, with it recommending the most efficient way to manage a return. Previously he was CTO at Eggplant, a pioneer in intelligent test automation, acquired by Keysight in June 2020.

Returns 240

Returns Fulfillment Inventory Management Apparel 240

Inside Retail

FEBRUARY 25, 2024

Not only did the troubles of 2020-22 feel well and truly behind us, with retail and travel booming, but we got our first taste of ChatGPT and spent the holidays putting it to the test by writing greeting card messages, composing music and, more recently, creating new artwork.

Inventory Management 246

Inventory Management Management Consumer Planning 246

Retail Focus

MARCH 15, 2022

ST JAMES’S, LONDON/ENGLAND- 5 September 2020: Police observing XR Amazonia Alliance and Animal Rebellion protesting outside the Brazilian Embassy protesting to end the destruction of the Amazon. This can also help to optimise transportation space and routes, reducing carbon emissions and improving sustainability.”.

Inventory Management 130

Inventory Management Planning Returns Management 130

Inside Retail

APRIL 30, 2024

In 2020, Tattarang, a prominent Australian investment group, acquired RM Williams with a vision to propel the brand into the digital age while preserving its heritage. RM Williams – synonymous with quality craftsmanship and the rugged spirit of the Australian outback – has long been an icon in the footwear industry.

Clienteling 147

Clienteling Checkout Customer Experience Inventory Management 147

Retail TouchPoints

FEBRUARY 11, 2021

Bed Bath & Beyond outlined its three-year growth plan in October 2020. The technology refresh is being accompanied by a $250 million investment in the 450 of its stores that generate 60% of the company’s revenue.

Inventory Management 173

Inventory Management Space Planning Fulfillment Planning 173

Retail TouchPoints

MARCH 11, 2021

retail executives whose stores offered at least one method of store-based online order fulfillment — revealed that the pandemic triggered a 5X increase in ecommerce volume in 2020 compared to the same period in 2019. In-store inventory management needs to match warehouse accuracy.

Fulfillment 299

Fulfillment Inventory Management Returns Point of Sale 299

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

Retail TouchPoints

OCTOBER 27, 2021

Poshmark has been piloting the Brand Closet program since 2020 with a number of large-scale brands. Now the offering is open to brands and retailers of all sizes, enabling them to engage more deeply with the platform’s 80 million users through limited-time product drops, one-to-one clienteling and Posh Parties. ”

Clienteling 147

Clienteling Drop-Shipping Inventory Management Shipping 147

Retail TouchPoints

APRIL 14, 2021

As CEO, Spaulding will focus on driving the next phase of the company’s growth, including the ongoing development of new consumer shopping experiences, inventory management innovations and international expansion.

Inventory Management 178

Inventory Management Apparel Shopping Management 178

Retalon

OCTOBER 8, 2020

More expensive than real estate, merchandising, or even labor — inventory is the largest investment your company makes. But getting the biggest return on that investment, especially in today’s tough retail environment, requires a more nuanced, data-driven approach to inventory management than most retailers are used to.

Markdowns 41

Markdowns Inventory Management Promotions Planning 41

Retail TouchPoints

FEBRUARY 22, 2021

The investor group claims to have “identified significant opportunities to generate improvements in sales and margins through changes in merchandising, inventory management, customer engagement and expense rationalization, as well as the potential to unlock $7 to $8 billion of real estate value trapped on the company’s balance sheet.”

Inventory Management 183

Inventory Management ATS Management Planning 183

Retail Technology Review

AUGUST 19, 2020

Ecommerce businesses have had a tough time of late; firstly, there was the threat of a hard Brexit, and more recently the overwhelming impact of the coronavirus has been felt by all.

Inventory Management 28

Inventory Management Management 28

Inside Retail

SEPTEMBER 30, 2021

All brands experienced strong growth as stores reopened from the 2020 lockdowns, with the group’s inventory management ensuring that our stores were well stocked with product the customers wanted.”. Sales in the group’s brands Glassons and Hallenstein Brothers grew throughout the year, 16.88 per cent to $92.7

Net Profit 130

Net Profit Inventory Management Fashion Management 130

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

Jewelry 40

Jewelry Specialty Store Point of Sale Inventory Management 40

Inside Retail

MARCH 17, 2024

Starbucks in 2019 announced its own internal AI platform, called “Deep Brew,” which then-CEO Kevin Johnson said would increasingly power its personalised offers, store staffing and inventory management. Starbucks in 2022 hired a former McDonald’s executive to oversee its use of technology.

Kiosk 130

Kiosk Payment Services Inventory Management Location 130

Retail Focus

FEBRUARY 24, 2022

Research data revealed 17% of retailers have low confidence in supply chains returning to pre-2020 levels of normality, with an additional 3% having no confidence and believing supply chains this year will experience similar disruption to that seen in 2021. About the research: SAPIO Research surveyed 212 retailers nationwide in January 2022.

Returns 130

Returns Inventory Management Shipping Management 130

Retalon

SEPTEMBER 24, 2020

At first look, it may seem like the Covid-19 pandemic (and the limitations it has placed on brick and mortar operations) has been responsible for fashion’s digital transformation in 2020 (e.g. A major issue that retailers face, which has recently been spotlit by the pandemic, is overstock of inventory due to difficulty in forecasting demand.

Fashion 41

Fashion Customer Retention Inventory Management Management 41

Retail TouchPoints

JULY 22, 2022

The ecommerce boom of 2020 brought millions of new shoppers to digital platforms, and that growth trajectory continued into 2021. At the end of 2021, the editors of Retail TouchPoints took a stab at predicting what would happen in ecommerce in 2022.

Social Commerce 303

Social Commerce Inventory Management Fulfillment Shipping 303

Inside Retail

MARCH 2, 2023

One such advancement is the development of Autonomous Mobile Robots (AMRs), which have been implemented by a range of companies – including Catch, Toys R Us , and a number of other retailers – for task enhancements ranging from inventory management, order fulfilment, delivery and customer service.

Fulfillment 130

Fulfillment Inventory Management Beauty and Health Management 130

Retail TouchPoints

AUGUST 17, 2022

76% of consumers say convenience is a key priority when selecting a retailer, so an automated inventory management process is a critical component of any growing ecommerce business’ success. in 2020 and likely to keep climbing. Consumers are clear on expectations from ecommerce businesses. Callum Campbell, Linnworks.

Payment Services 361

Payment Services Advertising Returns Checkout 361

Retail TouchPoints

NOVEMBER 18, 2021

Americans spent more money online during the 2020 holiday season than previously, with revenues growing 32% year-over-year and exceeding $188.2 Recent data shows that people plan to buy more gifts and spend more money than they did in 2020. billion for the first time, according to Adobe Analytics.

Supply Chain Management 238

Supply Chain Management Fulfillment Shipping Inventory Management 238

Retail TouchPoints

MARCH 31, 2021

Technologies for identity management, authentication, APIs and application integration are helping retail businesses navigate this mode of operations. While retailers made it through in 2020 with online sales up 44% overall , there were hiccups, frustrations and sleepless nights all throughout. trillion by 2023, up from $4.2

Consumer 316

Consumer Inventory Management Boutique Management 316

Inside Retail

MARCH 7, 2024

Despite a slight dip in 2020, the global apparel market is set to grow to about US$2 trillion by 2028, from US$1.79 Last year, the brand partnered with Datapel, an inventory management system that Santic credits for enhancing the business’ capabilities in inventory tracking, order fulfilment and improving warehouse processes.

Boutique 130

Boutique Apparel Fashion Wholesale 130

Retail TouchPoints

JANUARY 9, 2024

In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion.

Merchant Services 241

Merchant Services Shipping Fulfillment Inventory Management 241

365 Retail

MARCH 14, 2022

ST JAMES’S, LONDON/ENGLAND- 5 September 2020: Police observing XR Amazonia Alliance and Animal Rebellion protesting outside the Brazilian Embassy protesting to end the destruction of the Amazon. This can also help to optimise transportation space and routes, reducing carbon emissions and improving sustainability.”.

Inventory Management 52

Inventory Management Planning Returns Management 52

Small Biz Trends

JUNE 5, 2022

Square themselves describe lunchflation as ‘lunch item costs rising faster than the average cost across all other items’ One example they gave is the 13% year-on-year rise in the average price of a wrap from March 2020 to 2022. They also note that the average price of tacos increased by 19%, rising from around $5.43

Payment Services 136

Payment Services Inventory Management Shipping Returns 136

Retail TouchPoints

SEPTEMBER 1, 2023

New inventory management systems, among other tools, will support more accurate decision-making and efficiency, so the retailer can cater to customers’ unique needs. Merchandising and supply chain optimization.

Planning 214

Planning Merchant Services Inventory Management Consumer 214

Retail Focus

AUGUST 4, 2021

Maritime consultants Drewry report that shipping prices from Asia to the UK have increased by around 500% from June 2020 to July this year. To avoid inflated transportation costs, some retailers are trading on a buffer of existing stock and delaying imports to replenish inventories. Playing the waiting game.

Shipping 182

Shipping Drop-Shipping Inventory Management Point of Sale 182

365 Retail

FEBRUARY 24, 2022

Research data revealed 17% of retailers have low confidence in supply chains returning to pre-2020 levels of normality, with an additional 3% having no confidence and believing supply chains this year will experience similar disruption to that seen in 2021. About the research: SAPIO Research surveyed 212 retailers nationwide in January 2022.

Returns 79

Returns Inventory Management Shipping Management 79

Retail TouchPoints

FEBRUARY 24, 2021

The rollout, which began in September 2020, was completed within only four weeks, according to Nedap , the technology provider. Adding Real-Time Inventory Data. In July 2020, Encuentro Moda began working with Nedap by integrating the provider’s !D D Cloud RFID inventory-management software.

Fulfillment 147

Fulfillment Point of Sale Fashion Fast Fashion 147

365 Retail

OCTOBER 18, 2023

In the broader financial landscape, data from the Bank of England indicates that while BNPL usage has been on a steady rise since 2020, traditional forms of credit like credit cards and overdrafts have seen a slight decline over the same period.

Merchant Services 63

Merchant Services Payment Services Inventory Management Consumer 63

365 Retail

JANUARY 17, 2024

This remains up on February 2020 when, prior to COVID-19 impacting the UK, the proportion of online sales stood at 19.8%. Optimize inventory management, maintain excellent customer support, and continuously monitor and improve the shipping process for enhanced customer satisfaction.

Shipping 52

Shipping Inventory Management Fulfillment Supply Chain Management 52

Mass Relators

MAY 2, 2023

Roxanne Flanagan In 2016, Roxanne joined the Walgreens supply chain organization, leading distribution, transportation, inventory management and master data followed by being GVP, asset protection and comprehensive loss in 2020. After almost 30 years I’d like to share with my network that I am leaving Walgreens,” she wrote. “It

ATS 52

ATS Inventory Management Store Operations Management 52

Inside Retail

SEPTEMBER 13, 2023

You have to remember I made the decision to take our business completely carbon neutral, during the bushfires of January 2020. We ask them to do this, as part of continuing business or when onboarding a new supplier, and it was pleasing to see that our carbon intensity reduced 20 per cent from our baseline year (2020) to 2022.

Fashion 260

Fashion Clienteling Marketing Inventory Management 260

Independent Retailer

JULY 29, 2022

RFID is rapidly gaining implementation within the retail sector and is a key technology applied to aid business operations by improving inventory management and stock visibility as the foundation of adoption. Enhanced Inventory Management. The Importance of RFID.

Customer Experience 77

Customer Experience Shrinkage Checkout Inventory Management 77

Inside Retail

APRIL 13, 2022

Its primary focus is on increasing the profitability of these businesses by optimising supply chain, procurement, logistics, customer service and inventory management, and pumping money into digital marketing, product innovation and geographical expansion. Actually, we haven’t really seen that.

Social Commerce 130

Social Commerce Inventory Management Marketing Brand Management 130