Inside Retail

FEBRUARY 8, 2024

million and now account for 21.3 Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. Myer reported in its latest trading update that group comparable sales for the first half of FY24 were virtually flat, up by just 0.1 per cent at the end of FY23.

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Global Shop

FEBRUARY 12, 2024

Market-leading productivity can be achieved by testing and defining workflows, simplifying material ordering, ongoing training for employees, regular maintenance of machinery and equipment, and identifying bottlenecks on the shop floor. Its old legacy system had no automation, which required all shop floor data to be back flushed.

Shopping 52

Shopping Inventory Management Bar Codes Drop-Shipping 52

M19 Retail

NOVEMBER 22, 2023

FORT LAUDERDALE, FLORIDA, November 22 , 2023 – Mi9 Retail, a leading provider of end-to-end retail software solutions, is pleased to announce that the latest release of their flagship merchandise management platform, Mi9 Merchant, supports out-of-the-box product inventory and price feed to Google Shopping Local Feeds Partnership.

Merchant Services 40

Merchant Services Shopping Point of Sale Inventory Management 40

Inside Retail

JANUARY 30, 2024

The task management solution ensures those clean and clear instructions are passed on so you get great productivity out of the employee.” Salespeople on the shop floor can use these devices to seek a colleague’s assistance in locating a certain size or style of a product instead of leaving the customer alone while the salesperson finds it.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Inside Retail

NOVEMBER 27, 2023

This is not just a transient trend but a robust response to the changing consumer, who now craves the tactile satisfaction of in-store shopping along with the personalisation and convenience of online commerce. This is especially crucial in managing seasonal or event-driven merchandise.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

Retail TouchPoints

OCTOBER 6, 2023

With the bustling holiday shopping season nearing, many brands have spent the last several months assessing their operational strengths and weaknesses, particularly in logistics and fulfillment. Retail supply chains account for an estimated 25% of global emissions , mainly through scope 3. 1: Demand forecasting.

Fulfillment 268

Fulfillment Returns Shipping Promotions 268

Retail Focus

MARCH 6, 2024

Expert Manager at Univers Retail | Published author | Visiting lecturer. In the digital age, luxury retail is facing unprecedented challenges, including the proliferation of counterfeit goods and the increasing shift to online shopping. The post Blockchain and Luxury Retail appeared first on Retail Focus - Retail Design.

Inventory Management 147

Inventory Management Fashion Customer Experience Consumer 147

Global Shop

OCTOBER 26, 2020

If you’re looking at Global Shop Solutions as a possible ERP solution for your manufacturing business, you can find answers to the basic “Who are you and what do you do?” I just need an inventory management system. Global Shop Solutions is designed to manage every aspect of a manufacturing business from quote to cash.

Shopping 52

Shopping Inventory Management Planning Accounting 52

Retail TouchPoints

JANUARY 20, 2022

However, instead of relying on individual store managers to navigate local purchases, corporate procurement teams can add value by organizing the effort, evaluating and sourcing local suppliers, negotiating best pricing and delivery options, and automating the process by using technology to simplify local inventory management.

Merchant Services 230

Merchant Services Clienteling Shipping Inventory Management 230

365 Retail

FEBRUARY 1, 2024

PoS systems are becoming essential for managing everyday commercial operations, from simple payment processing to inventory management and sales analytics in retail companies. Modern PoS systems often offer cloud-based or remote access features, allowing managers to monitor business operations from anywhere.

Merchant Services 52

Merchant Services Payment Services Inventory Management Management 52

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. Not just a point of sale, but a fully integrated suite of retail functions – including in-store and online sales orders, inventory visibility, goods receipt, staff rostering, payroll, marketing and accounting.

Management 98

Management Payment Services Point of Sale Inventory Management 98

Retail TouchPoints

FEBRUARY 10, 2022

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. million on inventory management solutions; $1.2 RTP: How do you account for the outsized impact The Great Resignation is having on retail?

Inventory Management 296

Inventory Management Beauty and Health Management Planning 296

Rain Pros

MARCH 6, 2024

Efficient inventory management is a vital component of success for any retail store. While different kinds of shops may find success with a variety of strategies that fit their businesses, some time-tested strategies have proven to be effective across industries, such as ABC Analysis.

Inventory Management 40

Inventory Management Inventory Turnover Point of Sale Accounting 40

Small Biz Trends

OCTOBER 28, 2022

Check out our list of the 12 best Etsy apps, and find out which one is perfect for your shop. Whether you need to track inventory, manage your Etsy account orders, or create marketing materials, we’ve got you covered. Etsy Seller apps are a collection of tools that allow sellers to manage their Etsy business.

Inventory Management 126

Inventory Management Management Shopping Marketing 126

I Vend

AUGUST 17, 2022

Supermarket shopping is, for the vast majority of consumers, an essential. Whilst other forms of retail may be seen as leisure and pleasure, the weekly food shop is more likely to be considered a must-do chore. Range of ways to shop – customers expect a choice of ways to shop. iVend Retail for Supermarket.

Payment Services 52

Payment Services Inventory Management Checkout Supermarket 52

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. Even some of the most popular brands partner with off-price retail.

Inventory Management 149

Inventory Management Apparel Fashion Specialty Store 149

Inside Retail

OCTOBER 21, 2021

James Johnson, director of technology services & strategic accounts, APAC at Shopify, says it is critical for Australian retailers to optimise their product offers and sales channels to make the most of the sales season and seize the opportunity to end a difficult year on a high. Readers can check out the Shopify Conversion Tool here. .

Returns 130

Returns Merchant Services Shipping Payment Services 130

Inside Retail

DECEMBER 7, 2021

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. with the annual change in the Australian Bureau of Statistics’ (ABS) National Accounts nominal household final consumption over recent years.

Payment Services 130

Payment Services Inventory Management Accounting Consumer 130

Retail Minded

MARCH 2, 2022

Many retailers use robots as coworkers in factories, warehouses, and shops. Walmart is one giant retailer that uses hundreds of bots to automate operations, including answering workers’ inquiries, retrieving information from audit papers, monitoring inventory flow, and identifying slow-moving goods and deadstock.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

Wiser

JULY 31, 2023

Due to different store layouts and available shelf space, there can be discrepancies in the execution of planograms, rendering the same product’s presentation inconsistent across different shops. By ensuring products are displayed as planned, retailers can optimize sales, enhance customer experience, and streamline inventory management.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

Retail TouchPoints

OCTOBER 3, 2022

In an interview with Retail TouchPoints , Douang and Jason Chiu, Professional Services Group Manager for Canada at Axis Communications , revealed how they worked together to develop a seamless, secure and human-centered cashierless grocery shopping experience. Back when I was a kid, Sunday was a shopping day.

Management 228

Management Inventory Management Location Shopping 228

I Love Fashion

JANUARY 4, 2021

Enabling consumers across the globe to shop their preferred commodities by leveraging flawless online transactions. According to a report, the effective recommendation engine of Amazon accounts for a whopping 35% of its total sales. Inventory Management. The result? Chatbots and Virtual assistance.

Fashion 111

Fashion Inventory Management Marketing Shipping 111

365 Retail

NOVEMBER 14, 2022

The biggest online shopping event of the year is upon us. In fact, in 2021, the UK alone accounted for over ten per cent of global Black Friday searches online. Inventory management is key. It’s imperative to manage your inventory effectively ahead of Black Friday and Cyber Monday.

Merchant Services 57

Merchant Services Payment Services Inventory Management Fulfillment 57

Retalon

FEBRUARY 15, 2024

Retail analytics insights directly impact sales and customer loyalty by enabling more personalized shopping experiences and efficient inventory management. Up next we explore how integrating these analytical insights can refine inventory management techniques – streamlining processes while optimizing profitability.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Rain Pros

AUGUST 4, 2023

In the world of specialty retail, where passion and a deep understanding of niche products and services meet, the quest for providing an exceptional shopping experience for your unique clientele becomes the heart and soul of every decision you make. Customer Service Delivering excellent customer service is paramount.

Payment Services 52

Payment Services Specialty Retailers Checkout Clienteling 52

Wiser

FEBRUARY 21, 2024

Studies show that the duration for out-of-stock items to reappear in online search results and shopping carts can extend up to a week, underscoring the importance of diligent inventory management.

Inventory Management 78

Inventory Management Retail Trends Consumer Promotions 78

Independent Retailer

DECEMBER 9, 2022

More than half (54%) abandoned online shopping baskets because of delivery costs. In order to complete your registration, make sure you have access to: Bank account number and bank routing number. Once you register as an Amazon seller, you will have access to your Seller Central account. A study on U.S. back to top.

Payment Services 74

Payment Services Fulfillment Wholesale Shipping 74

365 Retail

DECEMBER 12, 2023

Advancements in autonomous store capabilities have matured into scalable, profitable, customer-centric models that allow customers to have a fully independent shopping journey. It significantly reduces operational and labor costs for retailers, with increased access to consumer data and in-store shopping behaviors.

Payment Services 57

Payment Services Checkout Store Layout Inventory Management 57

Star Miconics

APRIL 20, 2022

Software that helps you create an online store, allows for online ordering, accounts for inventory management, and integrates with the proper point-of-sale (POS) hardware is a must-have to assist your delivery aims. Setting up an online shop for your cannabis will take some work, but it is worth every effort.

Payment Services 98

Payment Services Point of Sale Inventory Management Management 98

Storis

APRIL 18, 2024

Customers expect a precise delivery date to be declared to proceed with a purchase both when shopping online and in-store. Next, we’ll break down how your inventory management solutions auto-calculates these dates based on your inventory and supply chain data to demystify how ATP and ATC are calculated.

Fulfillment 52

Fulfillment Home Furnishings Point of Sale Inventory Management 52

365 Retail

NOVEMBER 13, 2023

Another instance is back-to-school shopping when children return to the classroom after summer. It’s human desire or need expressed through shopping that is considered to be seasonal demand. Adjustments must often be made to account for factors like weather and global events.

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52

Storis

APRIL 12, 2024

Customers expect a precise delivery date to be declared to proceed with a purchase both when shopping online and in-store. Let’s break down how your inventory management solutions can auto-calculate these dates based on your inventory and supply chain data to demystify how ATP and ATC are calculated. “60.7%

Fulfillment 52

Fulfillment Home Furnishings Point of Sale Inventory Management 52

Retail TouchPoints

APRIL 10, 2023

Now, ecommerce has grown to capture 21% of the retailer’s global revenue, with stores still accounting for the majority ( 51% ) while wholesale and third-party sales make up the difference ( 28% ). In 2022, Pandora banked 600 million visits across its online channels and stores.

Jewelry 225

Jewelry Wholesale Consumer Point of Sale 225

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Small Biz Trends

JUNE 14, 2022

Managing finances is no walk in the park for the majority of small business owners. Luckily, there are a number of accounting software tools that can help. Free Software for Your Small Business Accounting. Every accounting software for small businesses comes with its own set of features. Best Free Accounting Software.

Accounting 98

Accounting Payment Services Finance Management 98

V Count

JANUARY 24, 2024

However, in-person shopping is demonstrating robust growth in the post-pandemic era, and studies suggest that physical shopping will continue to rise, while e-commerce’s growth will significantly slow down. We will also discuss how you can use AI-powered technology and digital solutions to become a better store manager.

Management 59

Management Store Layout Inventory Management Target Market 59