I Vend

MAY 8, 2024

Our modern POS for wine and liquor stores unlocks growth Read more The global at home alcoholic drinks market is worth $1070 billion and is growing at a compound annual growth rate (CAGR) of 4.4%. Online sales account for $40 billion and are growing faster than brick and mortar sales.

Shrinkage 81

Shrinkage Inventory Management Payment Services Point of Sale 81

I Vend

NOVEMBER 10, 2021

This newly reinvigorated passion for hardware retail has translated into increased sales across the sector – a report by The Hardware Connection , quotes one US hardware retailer as saying ‘We finished April up 52% percent and three days May was up over 200% percent, including our largest day since the store opened.’.

Customer Experience 52

Customer Experience Inventory Management Fulfillment Marketing 52

Retail TouchPoints

JANUARY 25, 2022

It’s energizing to think about customer experience transformation and what that could possibly mean for a business. In the retail industry, many organizations are at a pivotal moment of forging a path forward to define the future-state customer experience where the physical and digital converge.

Management 245

Management Marketing Customer Experience Inventory Management 245

Retalon

AUGUST 16, 2019

Not only do you have to decide which metrics are most likely to provide high-value consumer data, but then you must have the resources on hand to analyze it in search of trends that help you to hone your brand strategies and better personalize the retail customer experience. Benefits and Challenges of Personalization.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

I Vend

APRIL 22, 2024

In a survey of 10,045 consumers, 95% said their ‘most used electronic device’ was their smartphone, and sales account for half of the trillion dollars revenue in 2024. For retailers selling consumer electronics, there’s opportunity, but there are still challenges, including: • Stock planning – Consumer electronics moves fast.

Thrift Store 52

Thrift Store Point of Sale Inventory Management Returns 52

Retail TouchPoints

OCTOBER 14, 2021

Retailers and consumers alike are bracing for a holiday season much like the last — masks look set to remain a top stocking-stuffer; “supply chain” has a become a daily topic in mainstream media; and parents are gearing up for tears with the top toys of the year already predicted to go out of stock.

Marketing 284

Marketing Promotions Consumer Customer Experience 284

Retalon

FEBRUARY 15, 2024

Retail analytics insights directly impact sales and customer loyalty by enabling more personalized shopping experiences and efficient inventory management. A compelling testament to the power of analytics is showcased by predictive analytics in retail.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41