Retail TouchPoints

FEBRUARY 6, 2023

Key areas of focus will include driving profitable consumer traffic, enhancing inventory management, further advancing digital growth and evolving the value delivery model. Keith Melker Melker’s most recent position was CEO of Wehner Multifamily, a Texas-based property management company.

Inventory Management 258

Inventory Management Management Consumer Customer Experience 258

Retail TouchPoints

SEPTEMBER 16, 2022

Nordstrom reported a 12% sales increase for the quarter ended July 30, 2022 as customers updated their wardrobes and returned to events. However, like many retailers, it revised its outlook downward in the face of rising inflation — revenue growth for fiscal 2022 is now projected at 5% to 7% , down from 6% to 8%.

Inventory Management 244

Inventory Management Department Stores Returns Management 244

Retail TouchPoints

JANUARY 25, 2022

As we navigate an interesting year of retail revival, now is the perfect time to make some small shifts and shrewd strides forward into 2022. 4) Think Big: Improve supply chain and inventory management. Act small: Add a feature to your website allowing customers to search inventory availability in local store locations.

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Management Marketing Customer Experience Inventory Management 258

Retail TouchPoints

DECEMBER 5, 2022

million of liquidity available at the end of Q3 2022, including about $92 million of availability under asset-based credit lines, against nearly $1.8 million for Q3 2022, which ended Sept. The retailer had about $121.5 billion in debt. However, the retailer is still struggling on the sales side. Net sales were down 1.6%

Inventory Management 290

Inventory Management Shipping Management Marketing 290

Retail TouchPoints

SEPTEMBER 20, 2022

Walmart also has built out its inventory management capabilities at its U.S. stores through the August 2022 acquisition of Volt Systems , a solution provider that offers suppliers enhanced on-demand visibility into merchandising resources.

Location 307

Location Beauty and Health Inventory Management Customer Experience 307

I Vend

NOVEMBER 6, 2022

One thing’s for certain about the 2022 holiday shopping season – it’ll be unlike any that we’ve seen for a while. Retailers would need a sophisticated retail management system to manage the holiday season rush. When it comes to efficiency, one of the most effective strategies for a retailer is to have a retail management system.

Management 95

Management Payment Services Point of Sale Inventory Management 95

Retail TouchPoints

JULY 17, 2023

billion in 2022 and is expected to grow at a CAGR of 28.4% IoT solutions enable retail stores to monitor and manage their equipment, including HVAC systems and refrigerators. Example: Walmart Walmart is applying IoT technologies for effective store equipment management. Inventory management. from 2023 to 2030.

Payment Services 238

Payment Services Checkout Inventory Management Customer Experience 238

Retail TouchPoints

JANUARY 9, 2024

With the help of programmatic platforms like The Trade Desk , hundreds of retailers can monetize their shopping data, or take monetization a step further by providing managed service advertising campaigns — allowing an agency to operate programmatic campaigns — targeted with their shopper data.

Advertising 287

Advertising Inventory Management Management Consumer 287

Retail TouchPoints

FEBRUARY 23, 2023

billion for Q4 2022, which ended Jan. Net sales for fiscal 2022 decreased 4% year-over-year to $7.5 In addition, we continued to be disciplined in our expense and inventory management.” Bed Bath & Beyond reported net sales of $2.9 28, 2023, down 5% compared to Q4 2021.

Inventory Management 246

Inventory Management Management Store Operations ATS 246

V Count

SEPTEMBER 15, 2022

As a business owner or a store manager, you’ll face countless challenges, and turning your business into a successful one usually requires time, effort and commitment. You can manage everything from Square’s dashboard and track how your business is doing. This POS system helps you manage pretty much all aspects of your retail business.

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

V Count

SEPTEMBER 15, 2022

As a business owner or a store manager, you’ll face countless challenges, and turning your business into a successful one usually requires time, effort and commitment. You can manage everything from Square’s dashboard and track how your business is doing. This POS system helps you manage pretty much all aspects of your retail business.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

Inside Retail

FEBRUARY 2, 2024

Essentially a form of dropshipping, this has helped Asos expand its range without the hassle of inventory management. In the UK, Marks & Spencer, a 150-year-old retailer, started out with third-party brands a few years back before moving to a dropship model in 2022.

Fulfillment 246

Fulfillment Department Stores Wholesale Fast Fashion 246

Retail Focus

MARCH 15, 2022

ASCG’s research found 20% of retailers had low or no confidence in supply chains stabilising in 2022, following recent years of delays and disruption. Sophisticated stock inventory management software is being increasingly utilised to pull data that helps retailers to create contingencies and better prepare for uncertainty.

Inventory Management 130

Inventory Management Planning Returns Management 130

Retail Minded

APRIL 3, 2022

63% of US brands plan to increase investment in retail software in 2022. Investment in key areas that are ‘behind the scenes’ like delivery, inventory management and retail operations are a reaction to the problem associated with operational complexity,” says Stuart Pick. Top 10 Investment Priorities For 2022.

Merchant Services 83

Merchant Services Payment Services Inventory Management Wholesale 83

Inside Retail

JULY 22, 2021

Having a centralised fulfilment centre for stores replaces our historical push model, and will result in improved inventory management, reduced markdowns and maximised sell-through whilst also producing significant efficiencies in our online fulfilment operations.”.

Markdowns 246

Markdowns Department Stores Fulfillment Inventory Management 246

Retail TouchPoints

AUGUST 23, 2022

During eBay’s investor day in March 2022, eBay CEO Jamie Iannone shared the company’s vision to develop a 31,000 – square-foot storage facility and digital marketplace for authenticated trading cards and valuable collectibles. TCGplayer develops applications, inventory management tools and hardware such as robotic sorting machines.

Inventory Management 231

Inventory Management Fulfillment Customer Experience Management 231

Retail TouchPoints

MARCH 16, 2023

More and more retailers are embracing in-store automation and robotics to empower their associates and drive a great customer experience.

Wholesale 272

Wholesale Location ATS Inventory Management 272

Retail TouchPoints

JANUARY 6, 2023

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. 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.

Payment Services 336

Payment Services Promotions Consumer Inventory Management 336

Retail TouchPoints

SEPTEMBER 7, 2022

Cornell’s decision to remain in the leadership role was made following last month’s news of Target’s Q2 2022 performance, which saw net earnings drop 90% from Q2 2021. Valdez will be succeeded by Gretchen McCarthy, SVP of Global Inventory Management, effective immediately.

Inventory Management 280

Inventory Management Planning Management 280

Retail Focus

FEBRUARY 24, 2022

New research* by Advanced Supply Chain Group (ASCG) shows high confidence amongst 46% of retailers in supply chains normalising this year, whilst a third think 2022 will see some improvements in the timeliness and reliability of moving products. About the research: SAPIO Research surveyed 212 retailers nationwide in January 2022.

Returns 130

Returns Inventory Management Shipping Management 130

Retail TouchPoints

JUNE 10, 2022

Discount variety chain Dollar General is looking to self-checkout as a way to “leverage and reinforce our position as a low-cost operator,” COO Jeff Owen told analysts on the company’s Q1 earnings call on May 26, 2022. Now, Owens said the company also plans to begin testing a 100% self-checkout store format across 200 locations this year.

Checkout 276

Checkout Location Kiosk ATS 276

Retail TouchPoints

JUNE 26, 2023

Get ready, get excited, retailers and customers alike, the 2D barcode, a compact square label with splotches and spaces that encode up to 350X more data than a traditional UPC (4,000 characters) will have a significant impact on managing the business and delivering better customer experiences. Doesn’t that sound amazing?!

Merchant Services 276

Merchant Services Inventory Management Grocer Customer Experience 276

365 Retail

NOVEMBER 14, 2022

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. Inventory management is key. It’s imperative to manage your inventory effectively ahead of Black Friday and Cyber Monday. What upsells and bundles you’re going to offer.

Merchant Services 59

Merchant Services Payment Services Inventory Management Fulfillment 59

Inside Retail

JANUARY 24, 2024

To gain deeper insights into this transformative journey, we spoke with Wilasinee Parnurat, the country manager and managing director of Bata Thailand. This omnichannel platform is powered by a centralised inventory management automation tool.

Inventory Management 130

Inventory Management Visual Merchandising Customer Retention Consumer 130

Retail TouchPoints

APRIL 22, 2022

Amazon also made a major investment in economic initiatives in March 2022 as part of its $2 billion Amazon Housing Equity Fund. The ecommerce giant is providing $124.4 million to build 1,060 affordable homes near four public transit sites in Washington State’s Puget Sound region and the Arlington, Va. region.

Fulfillment 271

Fulfillment Inventory Management Management Shopping 271

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. . Trying before buying’ will play a big part in contributing towards the growing volume of returns in 2022.

Consumer 211

Consumer Payment Services Inventory Management Returns 211

A1 Retail

MARCH 18, 2022

One of the key actions we’ve seen from retailers who’ve best tackled the disruption of the last 24 months has been prioritising investment to overhaul legacy supply chain systems and off-the-shelf management programmes that don’t have the capabilities to react to a business’ individual needs. 1) Think data-first.

Management 52

Management Supply Chain Management Inventory Management Returns 52

Inside Retail

FEBRUARY 20, 2023

Sales across all four brands – Rebel, Macpac, Supercheap Auto and Boating, Camping and Fishing (BCF) – were up by about 15 per cent, while its profit grew by about 30 per cent for the six months to 31 December 2022. I think we’ve been proactive in managing the business and preparing it for a dynamic period.”

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Operating Expenses Inventory Management Management Promotions 245

Inside Retail

MARCH 17, 2024

McDonald’s wants more customers to order through digital avenues like its app and kiosks, which already made up a third of its sales in top markets in 2022. Starbucks in 2022 hired a former McDonald’s executive to oversee its use of technology.

Kiosk 130

Kiosk Payment Services Inventory Management Location 130

Retalon

FEBRUARY 25, 2022

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. So, how are retailers managing stock replenishment today?

Inventory Management 47

Inventory Management Fulfillment Markdowns Location 47

Retail TouchPoints

FEBRUARY 10, 2022

It’s been a while since she’s been on the front lines though — not since the late ‘80s to be exact, when she was a manager at Express. To the employees she worked with while undercover she was Marie, a former gift shop manager from Ohio whose quest for a new start was being recorded for a documentary.

Inventory Management 310

Inventory Management Beauty and Health Management Planning 310

I Vend

APRIL 9, 2024

Mobile POS is one of the fastest growing retail trends – with store associates being armed with devices that run the same cloud-based POS software as the fixed checkouts, enabling payment, inventory management and loyalty anywhere in the store. billion (USD) in 2022 and is estimated to grow at 11.1%

Payment Services 52

Payment Services Point of Sale Inventory Management Checkout 52

M19 Retail

JANUARY 10, 2022

NEW YORK and MIAMI, January 7, 2022 – Mi9 Retail has been recognized by Retail Today magazine as a leader in the Merchandising category in Retail CIO Radar 2022, a first-of-its kind annual list of the most innovative and transformative retail technology solution providers. Mi9 Retail recognized in Retail CIO Radar 2022.

Clienteling 40

Clienteling Inventory Management Point of Sale Management 40

Retalon

MARCH 7, 2022

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.

Markdowns 41

Markdowns Inventory Management Accounting Promotions 41

Retail TouchPoints

AUGUST 17, 2022

It’s hard to say that 2022 has been the year of ecommerce so far. 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. Advertising.

Payment Services 363

Payment Services Advertising Returns Checkout 363

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.

Payment Services 259

Payment Services Drop-Shipping Shipping Inventory Management 259

Independent Retailer

APRIL 21, 2022

After all, when supply chain management is effective, it is proven to lower a company’s overall costs and boost profitability. Here are six ways brands can beat the supply chain crisis in 2022: 1. O ptimize Inventory. When it comes to managing the supply chain crisis, there is no magic bullet.

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Shipping Supply Chain Management Management Promotions 83