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How Data Analytics is Impacting Retail in 2021

Independent Retailer

Foot traffic, point of sale (POS) systems, website traffic, social media engagement, pricing, competitor behavior, and consumer trends all produce a form of data that retailers can take into account for informed decisions. Supply Chain Management. Tactics such as this can help draw in more customers and profits.

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

At the heart of this digital revolution, premium and luxury brands, renowned for their heritage, craftsmanship, and exclusivity, find themselves at a fascinating crossroads (Open access Goverment 2021). Digital transformation has extended the customer experience beyond the point of sale.

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As the squeeze on spending tightens, can AI unlock retail success?

365 Retail

Historic sales data combined with point of sale (POS) data allow retailers to see first-hand what customers are purchasing and when. Even before Covid-19, retail profitability was already under significant strain. Over the last decade, pre-tax profits almost halved for the largest UK retailers, falling from 9.2%

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Health crisis: what impact on supply management in points of sale?

M19 Retail

The health crisis is accelerating the transformation of physical points of sale. The adaptation of point of sale networks to the health crisis takes several forms, depending on the brand. Health crisis: what impact on supply management in points of sale? Recent Posts.