Remove Accounting Remove Loss Prevention Remove Markdowns Remove Promotions
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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience. Online sales now account for more than 20% of total retail sales.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

In addition, they can be greeted by sales associates who can recommend products or inform customers of promotions and events. The rise of at-home delivery forced loss prevention managers to start looking beyond the store. In short, BOPIS opens an opportunity to generate additional revenue and make extra sales.