Retail TouchPoints

AUGUST 13, 2020

Every business has to manage excess capacity and/or inventory: restaurants have excess food and empty tables; hotels and homeowners have vacant rooms; retailers have overstock and returns. In March, apparel sales dropped by more than 50%, and now those retailers are sitting on two seasons’ worth of clothing.

Apparel 279

Apparel Inventory Management Finance Returns 279

Retail TouchPoints

JULY 18, 2023

To fulfill its mission of providing “Fun for All,” the retailer has implemented a localized merchandising strategy that spans a portfolio of leading national and private label brands across outdoor, apparel, footwear, and sports and recreation categories.

Outdoor 190

Outdoor Markdowns Apparel Fulfillment 190

Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge. What is order fulfillment?

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. YOY growth this holiday season, whereas department stores will only see a 0.3%

Merchant Services 263

Merchant Services Payment Services Promotions Location 263

Retail TouchPoints

NOVEMBER 29, 2023

I have one [mall] by me that used to mainly be apparel retailers. For example, destinations like Galleria Dallas rolled out dedicated curbside pickup outposts to transform dormant malls into fulfillment centers. Many developers and landlords are taking note and applying similar levels of curation.

Shopping 262

Shopping Kiosk Consumer Fulfillment 262

Retail TouchPoints

JANUARY 25, 2022

4) Think Big: Improve supply chain and inventory management. Act small: Add a feature to your website allowing customers to search inventory availability in local store locations. 5) Thing Big: Improve order fulfillment. This gives consumers an additional element of control in their online buying experience.

Management 260

Management Marketing Customer Experience Inventory Management 260

Inside Retail

JANUARY 23, 2022

According to the post, Amazon Style will offer women’s and men’s apparel, shoes and accessories from hundreds of popular and emerging brands, and include several innovative features, such as tailored, real-time recommendations.

Department Stores 130

Department Stores Checkout Inventory Management Fashion 130

Wiser

FEBRUARY 29, 2024

Retail staff are grappling with managing various store sections and transitioning to fulfilling online orders, resulting in reduced in-store efficiency. The scarcity of labor is exacerbating shrinkage issues, with reduced in-store supervision affecting loss prevention efforts and hampering efficient inventory management practices.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Retail TouchPoints

JULY 29, 2020

While the name Burton is almost synonymous with the snowboards the company began making in 1977, Burton has diversified over the years into new categories — including surfboards, apparel, goggles/optics and other sports gear — as well as expanding beyond manufacturing into direct-to-consumer (DTC) retail, both physical and digital.

Planning 277

Planning Wholesale Customer Experience Store Operations 277

Independent Retailer

DECEMBER 9, 2022

Especially when utilizing Fulfillment by Amazon (FBA) , you can just sit back and watch as the money rolls in with little effort. FBA is a service that allows businesses to outsource order fulfillment to Amazon. Why is Fulfillment Important? Why is Fulfillment Important? Register Your Business. Become a Great Seller.

Payment Services 74

Payment Services Fulfillment Wholesale Shipping 74

Retail TouchPoints

MAY 30, 2023

Additionally, because the weather can affect consumers’ purchasing psychology, particularly in terms of apparel, retailers can use AI- and machine learning-powered tools to incorporate weather forecasts into inventory and merchandise allocation planning. Want to Expand Back-to-School Shopping Baskets?

Shopping 261

Shopping Consumer Planning Inventory Management 261

Retail Times

MARCH 30, 2021

Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place. Not ready for a full retail management solution? Consider creating an inventory management system in Excel. Integrate your platforms. Conduct regular stock counts. The end result?

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

Retention takes center stage for retail businesses ; retailers can enhance their post-purchase experiences, streamline fulfillment, and increase their communications with current customers. Emphasizing micro-fulfillment & smart delivery. New Look Stores. Environmentally friendly goods will continue to increase in popularity.

Retail Trends 94

Retail Trends Consumer Payment Services Fulfillment 94

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

billion on clothing and fashion apparel (20 %), $2.4 A gility, connectivity and scalability are key to ChainDrive Jewelry Software retailers who rely on smart order management system to improve their operations and bottom-lines. In fact 21 per cent of respondents to the survey have intentions to spend an average $5.8

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

billion on clothing and fashion apparel (20 %), $2.4 A gility, connectivity and scalability are key to ChainDrive Jewelry Software retailers who rely on smart order management system to improve their operations and bottom-lines. In fact 21 per cent of respondents to the survey have intentions to spend an average $5.8

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

Retail TouchPoints

MARCH 18, 2021

Shoppers across demographics now routinely order their groceries online just as they already did their books, electronics, and apparel. Online grocery’s previously lethargic rate of adoption meant that grocers lagged other retail sectors in multichannel merchandising systems, customer data management and fulfillment technology.

Fulfillment 196

Fulfillment Grocer Inventory Management Customer Experience 196

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

billion on clothing and fashion apparel (20 %), $2.4 A gility, connectivity and scalability are key to ChainDrive Jewelry Software retailers who rely on smart order management system to improve their operations and bottom-lines. In fact 21 per cent of respondents to the survey have intentions to spend an average $5.8

Jewelry 40

Jewelry Specialty Store Point of Sale Inventory Management 40

Inside Retail

SEPTEMBER 20, 2022

So let’s have a look at ‘last mile fulfilment’ and two areas in particular that are delivering significant efficiencies and cost reductions for businesses. Product Information Management (PIM) and automation “deliver immense value for businesses that need to scale and support efficient growth across numerous markets”.

Fulfillment 147

Fulfillment Inventory Management Management Apparel 147

Retalon

SEPTEMBER 1, 2020

Different-styled apparel meant for the same customer; laptops with different specs but similar prices; or last year’s products from the same holiday season can all inform new product forecasts. Retalon’s Predictive Analytics platform enables a unified, analytical approach to retailing that integrates pricing with inventory management.

Promotions 41

Promotions Markdowns Inventory Management Accounting 41

Retail Geek

NOVEMBER 9, 2023

29:38] What we had anticipated in seeing around, you know 60% of digital sales now influenced by the physical store because the associate is driving demand through, customer service or client telling or social media or they’re fulfilling Demand with being able to, you know pick pack and ship and online order.

Beauty and Health 65

Beauty and Health Returns Apparel Consumer 65

RETAIL MANAGEMENT SOFTWARE

APRIL 12, 2022

Inventory management. Inventory management plays a crucial role in improving retail profit margins. This information can then be used to control inventory, forecast demand, etc. Retailers can also use purchase history information to create coupons or deals to increase their sales within a given time frame.

Planning 89

Planning Inventory Management Point of Sale Operating Expenses 89

I Love Fashion

JANUARY 19, 2023

Tasha Apparel Review The first one is a US-based largest clothing wholesale supplier for boutiques. New Yorker’s Apparel Review Looking for women’s clothing product suppliers for special occasions? For example, inventory management tools. Let’s know about them. Alanic’s products are fit for every type of marathon.

Wholesale 40

Wholesale Merchant Services Fashion Payment Services 40

Retalon

JULY 15, 2019

Some shocking examples of overstock include Swedish apparel giant H&M , which reportedly amassed $4 billion worth of unsold clothing as of June 2018. 3. Logistics and fulfillment challenges. It’s a common problem that’s been going on for as long as retail has been a thing. Know the ROI before you buy!

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retalon

SEPTEMBER 11, 2020

Fashion and apparel retailers are also dealing with distribution of sizes, colors, and styles, all of which are complicated further by shifting seasonality. Often resulting in inventory distortion that lead to lost sales and costly markdowns. Meaning retailers are never left with overstock because of a size issue.

Fashion 41

Fashion Markdowns Promotions Accounting 41

Retail Geek

SEPTEMBER 27, 2022

Scot: [5:04] And then so then that was your primary thing so then you did you guys realize that you needed to build you look at all the software for shipping and inventory management and build your own and then you, tell the story of that. Matt: [4:59] Yeah it was a it was a lot of fun so. Scot: [29:06] Got it and then if I.

Merchant Services 52

Merchant Services Checkout Payment Services Drop-Shipping 52

Retalon

OCTOBER 18, 2013

You can plan to grow a business 10 percent but if predictive analytics models are not involved, if you don’t know what will be the changes in store structure, new products, cannibalization between products promotions and markdowns, this planning in again just a good intention that retailers would not necessarily be able to fulfill.

Markdowns 32

Markdowns Promotions Planning Accounting 32

Retail Geek

JANUARY 20, 2023

Yes Shein exceeds $30B in annual sales, disrupting apparel industry Yes Adoption of BNPL services slows down to less than 15% CAGR in 2022. 6:08] Startup automation things that could bring automated picking to store fulfillment or small fulfillment centers or. Pick to light systems and gloves like a lot of.

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping Loss Prevention 52