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Inventory Accuracy: The Not-so-Secret Ingredient for Holiday Sales Success

Retail TouchPoints

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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Nordstrom Issues Supplier Mandate for RFID Tagging

Retail TouchPoints

That includes a large percentage of Nordstrom’s merchandise, such as apparel, accessories, home and gift products, baby gear, shoes and some cosmetics. Products that do not yet require RFID are mostly cosmetics, along with some household products and jewelry.

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How to Deliver a Flawless In-Store Customer Experience

Independent Retailer

RFID technology allows retailers to gain a greater view of their on-hand inventory with 93-99 percent inventory accuracy by scanning hundreds of items within seconds. Interactive fitting rooms increase consumer engagement by providing outfit and accessory suggestions, size availability, and color options. by Dean Frew.

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Retail technology for building recession resilience

I Vend

Consumers continue to spend on essentials such as food, personal care, and basic clothing, but reduce their outlay on items such as furniture, home electronics, sporting goods and accessories. Retail Technology: Efficient in-store operations. Fast, reliable retail POS system and contactless payments for smooth checkout.

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Despite COVID, Spanish Retailer Rolls Out RFID Across 125 Stores in One Month

Retail TouchPoints

D Cloud RFID inventory-management software. The retailer can track stock levels at each store and warehouse in real time, enabling online stores to reflect accurate stock levels at all sites. Source Tagging Provides Basis for Inventory Tracking.

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Sunshine Ace Hardware Nails Customer Satisfaction with Innovative Voice Technology

Theatro

The company is staffed by knowledgeable people who have worked here for a long time, and it carries everything from plumbing and electrical supplies through to fishing gear, grills and accessories, and outdoor power equipment. Our goal as company was to refine our productivity,” says Michael Wynn, President from Sunshine Ace Hardware. “We