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Target Introduces Larger Store Concept With More Fulfillment Space and Merchandise

Retail TouchPoints

Beginning in 2024, nearly all remodels and new stores will feature the majority of the reimagined store design elements, which include: Full range of merchandise: The larger Target stores will offer shoppers expanded food and beverage options, exclusive brand partnerships and a curated mix of private labels and national brands; More space: The new (..)

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To Experience the Future of Retail, You’ll Want to Go to the Store

Retail TouchPoints

Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. In Q3 2022, ecommerce accounted for less than 15% of all retail sales. Offer a playground for immersive experimentation.

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Retail Assortment Strategies: What Are They & How Do They Work?

Wiser

Successful retail assortment strategies will take many different factors into account, such as customer base, location, store capacity, etc. If you hope to influence the customer path to purchase within your stores, then considering these factors is essential. This strategy is not very attainable for most retailers.

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How to Effectively Monitor Planogram Compliance

Wiser

Common Issues With Planogram Compliance One issue that brands often see when it comes to planogram compliance is inconsistent implementation across various store locations. Regular training sessions, clear communication of planogram strategies, and a system of accountability can motivate employees to adhere to planogram guidelines.

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What Should You Be Doing With Your Shopper Data?

Wiser

Optimize Your Store Layout and Shelf Space. Shopping in your store should feel intuitive for the average consumer. If there is a product that they need, it should be easy for them to find it and the location should make sense. This includes both the aisles, and the actual location of the product on the shelf.

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5 Key Business Challenges Behind Your Merchandising Strategy

Wiser

Visual merchandising strategies like marketing displays in-store or online can draw in customers and increase foot-traffic. Having a well-planned store layout and monitoring your inventory makes it easier for consumers to find your products and increases the number of products purchased. 3: Customer Loyalty.

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Target debuts prototype for larger format stores

Mass Relators

The new store design and larger store format recently debuted at a new outlet located outside Houston. Target pointed out that the new store layout delivers a backroom fulfillment space that’s five times larger than previous stores of similar size.