Remove Apparel Remove Promotions Remove Shrinkage
article thumbnail

Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

Targeted advertising: You can use data to target promotions effectively, enhancing campaign ROI. Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.

article thumbnail

Key Takeaways from the Wiser Industry Leaders Brand Panel: Challenges and Adaptations

Wiser

Historical data reveals shifting lifestyle priorities and evolving consumer preferences are reshaping spending patterns, with a notable shift towards investments in health and dining experiences over traditional retail apparel purchases. By promoting these private labels, retailers can strengthen customer loyalty and increase profit margins.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

For more information on how to reduce shrinkage, see our previous post on beefing up security and preventing loss in your store. According to him, RFID technology is the top solution for inventory data inaccuracies, especially for apparel and footwear retailers. Do you need to make your promotions more enticing? Further Reading.

article thumbnail

Jason & Scot Show Episode 282 – Cyberweek Recap with Salesforce’s Rob Garf

Retail Geek

Jason: [2:38] We are excited to do it and I’m extra excited because if I’m not mistaken it seems like you have a bigger scope than you did last time you were on the show did you get a promotion because of what a good job you did on the show. The promotional calendar but it really started in Earnest on November first.

article thumbnail

5 Omni-Channel Strategies That Are Shaping the Future of Jewelry Retail

RETAIL MANAGEMENT SOFTWARE

For jewelry retailersas well as those in apparel, footwear, home goods, and specialty sectorscustomers now expect a connected shopping journey. In their latest forecast, U.S. retail sales are projected to rise between 2.5% and 3.5%, reaching more than $5.23

Jewelry 72