Retail TouchPoints
JULY 13, 2023
Adoption also is rising because prices are dropping. billion passive RFID tags to be sold in 2023, up from 33 billion in 2022. Turning RFID Technology into Business Value According to IHL Group research, retailers already using RFID in 2022 saw 83% higher sales growth and 80% higher profits. As a result, IDTechEx expects 39.3
Retail TouchPoints
NOVEMBER 20, 2023
Dick’s Sporting Goods also attributed part of the brand’s 23% profit drop in the second fiscal quarter of 2023 to theft ( CNBC ). External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. According to a June study by the U.S.
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Retail TouchPoints
SEPTEMBER 22, 2022
Inflation and the threat of recession are defining aspects of the 2022 holiday season, but the potential bad news will do little to dampen a potentially successful — if not extraordinary — season. KPMG’s survey of retail leaders found that 68% of respondents expect sales to improve over last year, while only 24% expect a drop in sales.
Retail TouchPoints
APRIL 26, 2022
The rapidly growing retailer, which raised $100 million in a February 2022 funding round, plans to open 25 new stores in 2022 , with more coming in 2023. Foxtrot will be among the innovative thought leaders presenting at the 2022 Retail Innovation Conference and Expo on May 10-12, 2022, in Chicago.
Retalon
DECEMBER 8, 2021
Is inventory coming directly from the vendor and therefore needs to be dropshipped? Some factors affecting this decision include the proximity of the storage location to the customer, inventory availability, and the labour involved. Methods are established to transfer inventory from storage to customer.
Small Biz Trends
JUNE 25, 2022
10 Online Businesses for Sale in June 2022. As a drop-shipping operation, this Home Decor Ecommerce Business ships 98% of its orders directly from the supplier. The seller will provide training on the Shopify website, inventory management, email software to subscribers, and Instagram marketing.
RETAIL MANAGEMENT SOFTWARE
DECEMBER 24, 2021
Here Are The Ten Emerging Retail Trends We Predict For 2022. In 2022 consumers expect to see the option at checkout rather than find delight in it. Inventory management and customized customer information will also benefit from these data-driven solutions. The race for Prime CX is the new battleground.
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