Remove 2020 Remove Loss Prevention Remove Markdowns Remove Returns
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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

Advanced analytics has the capacity to integrate every channel of a multi-channel business into its forecast to maximize the return on promotion investments. In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns. Retail AI can apply this process when customers return their purchases.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Major retailers survived 2020 by transforming how they got their products into customers’ hands. BORIS (Buy Online Return In-Store): Concentrates on reverse logistics. Turning your storefronts into local return centers gives your business advantages over purely online competitors. Payment, return, and exchange policies.