Retail TouchPoints

DECEMBER 25, 2023

Multinational athletic apparel retailer Lululemon recently announced its net revenue increased 20% (on a constant dollar basis) to $2.2 Comparable store sales increased 9%, and the company’s gross margin increased to 58.8%. Effectively managing inventory has never been an easy task for retailers.

Customer Experience 221

Customer Experience Dead-Stock Store Layout Point of Sale 221

Retail TouchPoints

AUGUST 17, 2023

Whether it’s the food and beverage sector, apparel and footwear or automobiles, direct-to-consumer businesses are grappling with the consequences of shifting consumer behaviors against the backdrop of an unpredictable global supply chain.

Consumer 215

Consumer Payment Services Supply Chain Management Store Layout 215

Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

Store Operations 248

Store Operations Shipping Fulfillment Store Layout 248

Inside Retail

NOVEMBER 27, 2023

AI-powered inventory management and demand forecasting Harnessing the power of artificial intelligence (AI) and machine learning (ML) has become an operational reality for retailer s, especially in the realm of inventory management and demand forecasting. This is especially crucial in managing seasonal or event-driven merchandise.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

I Vend

MARCH 9, 2022

Shoppers are returning to retail stores in their droves – where lockdown saw the rapid rise of online purchasing, industry experts are now forecasting a similar upward trajectory for brick and mortar shopping. iVend Retail for Footwear and Apparel iVend helps retailers offer a differentiated shopping experience.

Fashion 98

Fashion Point of Sale Customer Experience Returns 98

Wiser

DECEMBER 8, 2020

It’s an important part of the category management process , as resets are all about improving the performance of a category. If the goal is to get maximum exposure of a new product in-store, the planogram should reflect that. That means rearranging the category to promote the new product. Emphasize Visual Merchandising.

Cross Merchandising 88

Cross Merchandising Visual Merchandising Store Layout Apparel 88

V Count

OCTOBER 28, 2022

Per Statista’s numbers, females who’re 18 years or older purchase sports equipment and gear more often; in fact, the athletic apparel market is roughly 60% women and 40% men. Managers can measure the efficiency of marketing strategies and tailor advertising methods according to the gender trends of their customers.

Target Market 52

Target Market Store Layout Advertising Shopping 52