Retail TouchPoints

AUGUST 17, 2022

Adding automation to your digital marketing strategy enables you to manage and optimize important ad elements such as bids, keywords and ad text in real time to ensure your campaigns are always tweaked to get the best results for the least amount of spend. In 2021, 20.8% Incident management. “On in 2019 to 14.9% Advertising.

Payment Services 363

Payment Services Advertising Returns Checkout 363

DMS Retail

OCTOBER 1, 2021

In this new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Implementation Management. Inventory Control.

Inventory Management 59

Inventory Management Management Space Planning Planning 59

DMS Retail

AUGUST 5, 2021

In this brand new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Implementation Management. Inventory Control.

Inventory Management 59

Inventory Management Management Space Planning Planning 59

Retail TouchPoints

FEBRUARY 23, 2023

28, 2023, down 5% compared to Q4 2021. In addition, we continued to be disciplined in our expense and inventory management.” Loeb has accused the Board of Directors of operating in “triage mode rather than via best corporate governance practices” as the retailer struggles with declining revenue.

Inventory Management 294

Inventory Management Management Store Operations ATS 294

Retail TouchPoints

SEPTEMBER 19, 2022

Nissan Stadium now offers five frictionless Zippin Lanes and after incorporating four lanes, Allegiant Stadium has experienced: A 66% increase in speed of service; A 45% increase in sales for a traditional stand space compared to 2021; and A 30%+ increase in the number of product SKUs offered.

Checkout 246

Checkout ATS Inventory Management Location 246

Retail TouchPoints

AUGUST 5, 2024

In 2021 the retailer opened its first store outside the Northeast and now operates 13 stores in Florida, and in 2022 The Paper Store opened its first Signature Store, featuring a 12,000-square-foot footprint — double its previous stores’ average size — and new ways for customers to shop. “For

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Retail TouchPoints

APRIL 14, 2021

Stitch Fix Founder and CEO Katrina Lake will step down from the helm of the apparel subscription service on August 1, 2021, and current President Elizabeth Spaulding will move into the top role. Lake will transition to the role of Executive Chairperson of the Board, focusing on Stitch Fix’s social impact efforts.

Inventory Management 240

Inventory Management Apparel Shopping Management 240

Retail TouchPoints

AUGUST 23, 2022

In November 2021, eBay acquired Sneaker Con Digital ’s authentication business as it sought to bolster its presence in the collectible sneakers segment. TCGplayer develops applications, inventory management tools and hardware such as robotic sorting machines. Headquartered in Syracuse, N.Y.,

Inventory Management 246

Inventory Management Fulfillment Customer Experience Management 246

Retail TouchPoints

JANUARY 13, 2023

For example, it would appear that spending on electronics decreased during this holiday season compared to a similar time frame in 2021.”. As expected, promotions played a major role in setting the pace of the latter half of the season, with an average discount rate of 21% in 2022 compared to 19% in 2021, according to Salesforce.

Promotions 295

Promotions Sporting Goods Jewelry Inventory Management 295

Retail TouchPoints

NOVEMBER 20, 2023

According to the National Retail Security Survey released by the National Retail Federation (NRF), vanishing inventory contributed to $112 billion in losses last year alone — up significantly from $93.9 billion in 2021.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

Inside Retail

MARCH 17, 2022

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse.

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Checkout Drop-Shipping Payment Services Inventory Management 246

Retail TouchPoints

JANUARY 20, 2022

In mid-2021 rumors also surfaced of plans for large-footprint department stores , although Amazon hasn’t formally announced anything along these lines. With everything seemingly managed by the customer through the app, one wonders what exactly store associates will do, and indeed whether there even will be humans on-site.

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Payment Services Apparel Inventory Management Department Stores 263

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.

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Social Commerce Inventory Management Fulfillment Shipping 306

Retail TouchPoints

MARCH 31, 2021

This article examines how application programming interfaces (APIs) and customer identity and access management (CIAM) technologies are assisting retailers in building a more engaging, efficient and profitable future with their online presence. Online is now the preferred method of shopping. The question is: are retailers ready to handle it?

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Consumer Inventory Management Management Boutique 317

Retail TouchPoints

AUGUST 4, 2023

Micro markets often come with management software that can help airport employees in the food and beverage industry increase productivity and optimize operations. Features such as inventory management and the ability to track sales allow operators to keep track of which items sell better than others.

Payment Services 246

Payment Services Kiosk Marketing Inventory Management 246

Retail TouchPoints

JULY 12, 2022

Walmart acquired Zeekit in May 2021. AR has long been part of the company’s DX mix with its acquisition of the virtual fitting room platform Zeekit in 2021 — which now powers AR try-on for apparel on Walmart.com — and by becoming one of the first retailers to offer home décor try-on via Pinterest , among many other initiatives.

Apparel 364

Apparel Inventory Management Consumer Shopping 364

Retail TouchPoints

JANUARY 14, 2021

The company aims to provide mobile data capture solutions that can be used for both self-shopping and efficient inventory management through the Anyline 27 smartphone barcode scanner, which offers greater scanning speed, precision and recognition capacity compared to older versions. retail market.

Inventory Management 218

Inventory Management Retail Marketing Shopping Management 218

Retail TouchPoints

JULY 27, 2021

consumers’ tremendous enthusiasm to get back to in-person shopping and experiences, notably with a 44% increase in foot traffic to stores, restaurants and entertainment venues since the start of 2021, that doesn’t mean they are going to leave behind all the omni habits they adopted during the crisis. And despite U.S.

Shipping 312

Shipping Fulfillment Inventory Management Customer Experience 312

Retail TouchPoints

MAY 14, 2021

Bed Bath & Beyond has named Stacey Shively as SVP and General Merchandise Manager for Home, effective May 17, 2021. Shively brings more than 25 years of retail experience in merchandising, product development and inventory management to the position.

Inventory Management 179

Inventory Management Planning Management Marketing 179

Retail TouchPoints

JULY 19, 2023

The Rise of Circular Packaging Circular packaging refers to a design and management approach that creates a closed-loop system for packaging materials, minimizing waste and maximizing resource efficiency. This approach reduces the need for separate packaging designs and simplifies inventory management. states legislate the term.

Inventory Management 246

Inventory Management Shipping Management Consumer 246

Retail TouchPoints

FEBRUARY 22, 2021

Macellum Advisors GP , Ancora Holdings , Legion Partners Asset Management and 4010 Capital, together with their respective affiliates, are pushing the plan. Kohl’s added a new director in February 2021, but prior to that the board’s average tenure was approximately 10 years. The investor group, which holds approximately 9.5%

Inventory Management 200

Inventory Management ATS Management Planning 200

Retail Focus

MARCH 29, 2022

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . 2) Try before you buy. Download your free copy of the eBook here. .

Consumer 211

Consumer Inventory Management Payment Services Returns 211

Retail TouchPoints

FEBRUARY 20, 2023

Actionable data can also help retailers with inventory management across all locations. If the customer needs more information or help, these systems are particularly good at alerting retail managers to know quickly that a customer service action is needed. Tyler Wells is the North American Sales Manager for MicroTouch.

Advertising 246

Advertising Sporting Goods Returns Inventory Management 246

Retail TouchPoints

AUGUST 19, 2024

Ikea initially adopted drone technology in 2021 when it partnered with AI and robotics company Verity to develop an autonomous drone solution for warehouses. By integrating this new system into fulfillment spaces, Ikea’s operations will “run continuously,” the company shared in an announcement.

Fulfillment 289

Fulfillment Customer Experience Location Management 289

Retail TouchPoints

JUNE 2, 2023

For example, in 2021, California passed a new bill with its AB 1201 passage creating a requirement that compostable products must be certified by third-party organizations like the Biodegradable Products Institute (BPI). The FTC offers guidelines, but no laws and only a few U.S. states legislate the term.

Shipping 296

Shipping Inventory Management Consumer Management 296

Inside Retail

JANUARY 2, 2023

Pureplay online and bricks-and-mortar retailers both have an important role to play here in expanding the Aussie e-commerce ecosystem, bringing different skills to the table, from inventory management to customer loyalty programs. In 2021, B2B marketplace sales grew more than seven times faster than B2B e-commerce sales.

Shopping 264

Shopping Social Commerce Wholesale Specialty Retailers 264

Retail TouchPoints

NOVEMBER 8, 2022

In 2021, returns cost retailers a whopping $761 billion , or almost 17% of total U.S. They must approach inventory management, merchandise accuracy and return policies strategically. retail sales. Returns can be an excellent opportunity to sell something new to a known customer.

Returns 306

Returns Markdowns Inventory Management Customer Experience 306

Retail TouchPoints

JULY 15, 2022

In Q4 2021, it processed 70% of online orders through its stores. With a strong inventory management and fulfillment foundation in place, Build-A-Bear is ready to take its next steps. It transformed [the business].”. Using OMS to Meet an Evolved Brand Promise.

Fulfillment 306

Fulfillment Shipping Inventory Management Location 306

Cisco Retail

APRIL 12, 2021

Better inventory management. Register to attend Hannover Messe 2021 — free! Register for Hannover Messe Digital Days 2021 and your virtual pass is on us! For more information on what you need to know before you go to Hannover (virtually), check out our blog: Know Before You Go: Hannover Messe Digital Days 2021.

Inventory Management 110

Inventory Management Shipping Location Management 110

I Vend

JANUARY 20, 2021

Here are our predictions on the tech trends that will shape retail in 2021. Growing adoption of cloud-based payment systems for inventory, employee, sales, and customer management in small businesses will boost the market growth. It makes the entire process a lot simpler, making it easier to setup and manage for retailers.

Payment Services 98

Payment Services Social Commerce Checkout Fulfillment 98

Retail TouchPoints

APRIL 21, 2022

To keep up with rising demand, you need to set aside outdated supply management tactics and adopt longer-term solutions that help you get ahead of potential problems instead of reacting to them after it’s too late. Retailers are well aware of the limitations of traditional supply chain management tactics.

Supply Chain Management 263

Supply Chain Management Planning Shipping Management 263

Retail TouchPoints

FEBRUARY 17, 2021

Standard Cognition has a raised $150 million in a Series C funding round led by SoftBank Vision Fund 2, with participation from existing investors CRV, EQT Ventures and TI Platform Management and new investors including SK Networks. and Toronto, Canada.

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Checkout Planning Inventory Management Management 147

Retail TouchPoints

JULY 13, 2023

“Retailers need to have a single view of their inventory across channels, and then that data has to be up-to-date and accurate,” said Greg Buzek, Founder and President of IHL Group in an interview with Retail TouchPoints. In 2021, the average cost of an RFID tag was four cents , down 80% from 2011, according to McKinsey.

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Drop-Shipping Fulfillment Shipping Wholesale 243

I Vend

NOVEMBER 6, 2022

Retailers would need a sophisticated retail management system to manage the holiday season rush. Retail consultancy GlobalData predicts that sales value will be up by 6.6% – a lower level of growth than we saw in 2021, when stimulus payments were still fuelling spending.

Management 98

Management Payment Services Point of Sale Inventory Management 98

I Vend

JANUARY 13, 2022

iVend Retail Management Suite iVend’s retail technology helps retailers in returns management. Check out our flexible POS, loyalty program and inventory visibility systems. But managing refunds can be costly and time-consuming. That’s a quarter of all returns squeezed into around 10% of the shopping year. .

Customer Experience 98

Customer Experience Returns Management Inventory Management 98

Retail TouchPoints

APRIL 29, 2024

The previous app was really more of a trial run, built in-house and “launched and then left,” with significant overhead required to manage it. In October 2021 the company underwent a massive replatforming, moving from a bespoke in-house ecommerce system to Salesforce Commerce Cloud. “As I cannot wait to see it in place this year.

Payment Services 273

Payment Services Inventory Management Management Consumer 273

Retail Focus

MARCH 15, 2022

56% of retailers think environmental activists pose a bigger risk of supply chain disruption this year than in 2021. Sophisticated stock inventory management software is being increasingly utilised to pull data that helps retailers to create contingencies and better prepare for uncertainty.

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Inventory Management Planning Returns Management 130