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2023: The Year of Customer Retention? Retail Tech Predictions

Retail Assist

More shops have shut down in the last five years (according to the Centre of Retail Research which found 17,145 shops in the UK closed for good in 2022), but stores are still fundamental to the omnichannel experience. Physical retail accounts for 75% of sales in the UK and new stores are opening all the time.

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Retail Consumer Behavior Patterns and Shifting Dynamics: The Future of Retail & Retail Trends

RETAIL MANAGEMENT SOFTWARE

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Here Are The Ten Emerging Retail Trends We Predict For 2022.

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10 Common Mistakes Cashiers Make

Small Biz Trends

Not only do they handle your business’ cash they also can impact customer retention and prevent fraud. The change might have been necessitated to cater to customers but it could result in difficulty in tracking cash flow and increased vulnerability to theft unless there is a sign-in procedure. Image: Depositphotos.

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What is Barcode Technology, and How Does It Impact Retailers?

Star Miconics

Its simplicity and efficiency have made barcode technology a staple in inventory management across diverse sectors, including grocery, retail , and hospitality. Furthermore, they have become indispensable in inventory management, helping to identify sales trends and tracking items throughout the supply chain.

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6 of the Best Ways to Retain Customers in Retail

Indigo 9 Digital

If you look at companies like Apple and Amazon they do a really good job of increasing sales from their existing customer base. Are you leaving money on the table that could come from customers you already have? If you are here are six tips you should consider to increase your customer retention rate. Sell great products.

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Boost Sales & Loyalty: Mastering Retail Analytics Insights [2024]

Retalon

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.