article thumbnail

Deloitte: Retailers Should Prepare for ‘Holiday Hangover’ in 2023

Retail TouchPoints

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022.

article thumbnail

Best Retail-focused POS Systems in 2022

V Count

Lightspeed POS systems are great for established retail stores, as this system offers a highly detailed inventory management system as well as deep store analysis. Amazing inventory management system. No hidden fees or third-party accounts. Customer, store, and inventory management features.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Best Retail-Focused POS Systems for SMBs in 2022

V Count

Lightspeed POS systems are great for established retail stores, as this system offers a highly detailed inventory management system as well as deep store analysis. Amazing inventory management system. No hidden fees or third-party accounts. Customer, store, and inventory management features.

article thumbnail

Top tips to make Black Friday and Cyber Monday a success in 2022

365 Retail

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. In fact, in 2021, the UK alone accounted for over ten per cent of global Black Friday searches online. Inventory management is key. Plan, plan and plan some more!

article thumbnail

AI Company Retalon Wins Retail CIO Radar 2022 Award in Two Categories: Supply Chain and Merchandising Technology

Retalon

Retalon, a Toronto-based retail AI company, has been recognized for advancing retail technology in supply chain and merchandising in 2022. “Retail CIO Radar 2022 helps CIOs and Retail business leaders to stay on top of the latest innovations. Retail Today considered nearly 7,000 nominees for these awards.

article thumbnail

Stock Replenishment in 2022 (Definition, Process, Best Practices)

Retalon

Stock replenishment is the process of ordering and allocating inventory to replace missing products on store shelves. Replenishing stock is a key facet of inventory management which helps to balance inventory levels during a selling period. There are multiple factors and variables to account for and stay ahead of.

article thumbnail

6 Logistics Metrics that Determine a Brand’s Holiday Success or Struggle 

Retail TouchPoints

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 1: Demand forecasting. 4: Return rates. 5: Sustainability metrics.