Inside Retail

FEBRUARY 25, 2024

The 2024 Australian Retail Outlook is out now. Be sure to download the 2024 Australian Retail Outlook to discover more. AI has huge potential in the consumer and retail sector, with its ability to drive better business outcomes, including in customer experience, commercial effectiveness, operational efficiency, and cost optimisation.

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Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

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Store Operations Shipping Fulfillment Store Layout 245

Retail TouchPoints

JANUARY 9, 2024

Pacsun will deploy the iD Cloud Store solution from Nedap as it seeks to improve inventory accuracy and gain RFID-powered operational insights to inform replenishment decisions. The chainwide rollout is expected to be completed in Q1 2024.

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Fulfillment Location Shopping ATS 208

Retail TouchPoints

JULY 10, 2023

URBN , the parent company of retailers including Urban Outfitters , Anthropologie and Free People , is partnering with enterprise AI software platform provider o9 Solutions to power its digital transformation journey with a next-generation merchandise planning solution.

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Retail TouchPoints

MAY 21, 2024

The retail landscape is transforming, driven by rapid technological advancements and changing consumer behaviors. Against this backdrop, network analytics emerges as a pivotal tool for retailers. The potential of network analytics extends far beyond simple foot traffic analysis.

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Retail TouchPoints

JULY 17, 2023

Radar , a technology company that provides a platform to support in-store inventory accuracy and location, has secured $30 million in a Series A funding round led by returning investor Align Ventures, along with The Ferrante Group, Future Archives and RX Ventures, which is the venture capital arm of South American retailer Lojas Renner.

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Location Fulfillment Returns Customer Experience 179

Retail TouchPoints

OCTOBER 31, 2023

By integrating in-store production data with the solution provider’s Fresh Retail Platform, Invafresh helps Price Chopper/Market 32 forecast more intelligently and accurately as well as manage replenishment, production and inventory. Supermarket retailer Weis Markets also began working with Invafresh in August 2022.

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Retail TouchPoints

JANUARY 28, 2022

Athleticwear retailer Finish Line is working to optimize its merchandising strategies across its operations with the help of Aptos.

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Retail Focus

NOVEMBER 1, 2023

Phantom inventory is causing UK shoppers to experience out-of-stocks, with poor product availability negatively impacting sales and long-term customer loyalty, according to the latest data from Retail Insight , the leading provider of store operations execution software.

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Grocer Store Operations Supermarket Shopping 147

Retail TouchPoints

JANUARY 28, 2021

French ready-to-wear brand Zadig & Voltaire has centralized inventory planning and purchasing processes across its brick-and-mortar and digital channels with the deployment of allocation, replenishment and buying solutions from Aptos. in addition to its website. in addition to its website.

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Planning Point of Sale Location Fashion 188

Retail TouchPoints

JULY 13, 2023

JD Sports , a global retailer with more than 3,000 stores worldwide, has adopted a suite of solutions designed to boost its growth in Canada, a market the retailer entered in 2021. The Retail Management Suite from Jesta I.S. The company currently operates 23 stores in Canada under the JD , size?

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Loss Prevention Management Planning Location 203

Inside Retail

DECEMBER 9, 2022

Retailers are suffering from ‘inventory bloat’ or too much stock. This means retailers are under a huge amount of pressure this holiday season to clear stock, to release capital and reduce spending on storing it all in warehouses. . That’s a good thing for retailers? Today couldn’t be more different. What Is overselling?

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Fulfillment Management Location Advertising 182

Retail TouchPoints

MARCH 29, 2023

Retailers need to ensure shoppers always have access to the product they want, where they want it, or else they risk losing loyalty in a difficult environment. Advanced RFID capabilities have been implemented in 40 stores and the retailer is in the process of rolling them out chainwide. But if you look at sizes, that varies a lot.

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Checkout Planning Customer Experience Management 234

Retail TouchPoints

APRIL 25, 2022

Supply chain management is the heart of retail management and has the ability to inform the overall health of a business. Customer loyalty is paramount to building a scalable business model, and the availability of inventory coupled with the guarantee of delivery will ultimately allow a business to meet and exceed its KPIs.

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Supply Chain Management Inventory Management Shipping Management 280

Retail TouchPoints

DECEMBER 14, 2022

Ever visited a retail customer service desk looking for a specific item and been told “The system says there are three in stock, but if they aren’t on the shelf, we don’t know where they are.”? Most shoppers have been in this frustrating position at least once (and most retailers, daily). Get visibility into buying velocity.

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Inventory Management Fulfillment Management ATS 274

Retail TouchPoints

AUGUST 27, 2020

Logility has rolled out the latest release of its Logility Price and Promotion solution, which uses machine learning to predict the impact of promotional activity on inventory. Planners can better understand the impact of pricing changes across several key dimensions, including product category, SKU, region, customer or warehouse location.

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Promotions Location Planning Marketing 212

Inside Retail

AUGUST 23, 2023

Against a backdrop of challenging headwinds in the retail industry, Chinese jewellery giant Chow Tai Fook Jewellery Group showed remarkable resilience and closed the financial year with $18.5 Its future growth plan will focus on quality expansion and enhancing the productivity of its existing retail networks. billion (HK$94.6

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ATS Inventory Management Point of Sale Fulfillment 130

Retail TouchPoints

DECEMBER 22, 2020

Nike plans to open 30 stores in the second half of 2021 as the retailer positions itself for long-term growth. The retailer’s plan to better connect with consumers will include “scaling direct connections with contactable members,” according to Matt Friend, EVP and CFO at Nike. 18 call with analysts.

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Checkout Planning Consumer Management 358

Retail TouchPoints

NOVEMBER 11, 2022

The ecommerce boom brought on by the COVID-19 pandemic has permanently changed the retail landscape. While people have been shopping online for decades, it’s important to recognize that warehouses, as we know them, are still operating and organized to replenish the stock in brick-and-mortar stores. Technological Renovations.

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Fulfillment Shipping Customer Experience Consumer 229

Retail Wire

SEPTEMBER 21, 2021

The traffic congestion has been caused by a surge in demand fueled by retailers looking to replenish product inventories ahead of the Christmas holiday season. Container ships carrying cargo from Asia country’s continue to wait offshore to secure berths at the ports of Los Angeles and Long Beach.

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ATS Shipping 130

RETAIL MANAGEMENT SOFTWARE

JULY 17, 2023

In the ever-changing retail landscape, success depends on delivering products efficiently, meeting customer demands, and staying ahead of the competition. To unlock this potential, more and more retailers are turning to Business Intelligence (BI) solutions. These solutions include 1.

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Inventory Management Supply Chain Management Management Point of Sale 89

Retail Focus

FEBRUARY 17, 2022

Californian lifestyle fashion brand, Pacsun , doubled its ship completes by better anticipating online demand and intelligently leveraging its stores as ecommerce fulfilment centres, partnering with antuit.ai , a leader in AI-powered SaaS solutions for consumer products and retail insights and now part of Zebra Technologies.

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Markdowns Fulfillment Shipping Fashion 130

Inside Retail

AUGUST 16, 2022

Super Retail Group has reported a “record” year of sales in its full-year results marked by a strong second-half performance – but its bottom line did not fare as well. Sports retail subsidiary Rebel’s sales increased 1.3 The post Super Retail Group delivers record sales, eyes expansion appeared first on Inside Retail.

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Supply Chain Management Net Profit Wholesale Apparel 246

Retail Focus

JUNE 22, 2023

Optimize Your Inventory Management System Optimizing your inventory management system is the foundation for faster delivery. To do this, invest in a software solution that simplifies inventory control and synchronizes data across different sales channels.

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Inventory Management Shipping Fulfillment Management 130

Retail Focus

AUGUST 8, 2023

Running a successful retail business involves juggling multiple tasks and responsibilities. In this article, we explore different aspects of retail business operations that you should consider outsourcing. Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping.

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Loss Prevention Inventory Management Inventory Turnover Shipping 130

Retail TouchPoints

JUNE 15, 2021

As more consumers are vaccinated and COVID restrictions begin to ease, the key questions many retailers will be asking are what will consumers want to buy, and how can they make sure they have the right product, in the right place, as consumers start to resume some of their pre-pandemic activities? Know Where Your Product is.

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Drop-Shipping Fulfillment Returns Consumer 217

M19 Retail

JULY 28, 2020

The COVID-19 pandemic and its aftermath have increased the already high pressure on retailers to automate and streamline planning and execution processes. It will also support a retailer’s long-term supply chain strategy in the need to become more agile and therefore less susceptible to disruptions on the local, regional, or global level.

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Planning Inventory Management Management Accounting 98

Inside Retail

JANUARY 4, 2024

AI is a non-negotiable for retailers. As the driving force behind a new era of hyper-personalisation, efficiency and sustainable retail experiences, its impact on the way we shop cannot be understated. The idea of data as the new currency is nothing new, but what is really setting retailers apart is how this data is used.

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Consumer Customer Experience Department Stores Shopping 266

Retail TouchPoints

APRIL 9, 2021

Like many others, retail is currently in its most testing period, yet buy online, pick up in-store (BOPIS) is currently revolutionizing the modern-day retail experience. BOPIS helps retailers provide a more accurate stock inventory and better visibility of the stock, keeping supply chains running smoothly.

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Sporting Goods Returns Shopping Apparel 302

Retail TouchPoints

JULY 26, 2022

Viewing Apparel as a ‘Replenishment Resource’. Molnar’s aim with his brand was to create what Codispoti describes as an “all-door replenishment resource,” in much the same way the best CPG brands are carried at every store in a supermarket chain and customers buy the product on a recurring basis. Product that Delivers on its Promise.

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Fashion Wholesale Apparel Returns 246

Retail Wire

JULY 27, 2021

Bed Bath & Beyond is partnering with Ryder System to open two distribution centers intended to cut the time it takes to replenish the retailer’s namesake and Buybuy Baby stores from 35 days to 10. “We We haven’t because of this inefficient system.

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ATS 100

Retalon

FEBRUARY 25, 2022

Whether losing sales to out-of-stocks, or facing overstocking costs and markdowns, inefficient stock replenishment has a huge impact on a retailer’s GMROI. Meeting sales demand has always been challenging, effective replenishment should mitigate issues that arise from poor planning and allocation. What is replenishment?

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Inventory Management Fulfillment Markdowns Location 47

Retail Times

AUGUST 11, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Retail Times - Retail news, reports, analysis & comment

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Retail TouchPoints

OCTOBER 1, 2021

Retailers are facing both a major opportunity and a major challenge in the coming months: shoppers are primed to spend big during the holidays, but labor and product shortages may make it difficult to fully take advantage of this opportunity. That’s sort of a simplistic view of it, but you really need to optimize your inventory levels.

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Shipping Payment Services Inventory Management Fulfillment 177

Inside Retail

AUGUST 10, 2021

The turbulent retail patterns and panic-buying of Covid-19 have changed the way Australian brands and retailers make short- and long-term strategic decisions. Powerful retail solutions are driven by genuine data-driven insight. We are Australia and New Zealand’s leading field sales and retail marketing group.

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Retail Marketing Returns Marketing Management 130

Retail TouchPoints

AUGUST 22, 2022

Retail used to be simple: retailers found a store format that worked and then simply opened more stores. For most retailers customers were anonymous, but same-store sales were a great proxy for customer relevance. Additionally, retailers also had a relatively small set of tactical levers to pull.

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Markdowns Promotions Management Marketing 200

Retail Minded

FEBRUARY 16, 2023

The key to avoiding inventory waste is by forward planning and having rapid response software which allows retailers to pivot quickly to fill order gaps and ditch items which are not selling.” Almost half of fashion stores are stuck with excess stock after a disappointing start to 2023, according to a survey by Inventory Planner.

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Fashion Apparel Planning Consumer 96