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

Inside Retail

Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.

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From Chaos to Control: How Apparel Inventory Software Can Transform Your Fashion Business

RETAIL MANAGEMENT SOFTWARE

Yet, many apparel retailers find themselves grappling with a myriad of challenges that hinder their growth and efficiency. Fortunately, there’s a game-changing solution on the horizon: apparel inventory software. Here are some of the key challenges faced by apparel retailers today.

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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.

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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. Further Reading. Learn More. Conduct regular stock counts.

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Kmart MD talks Target merger, shrinkage, and adapting to customer behaviour

Inside Retail

Target [also] continued to trade well across its apparel range, but with more challenging results in toys and home, highlighting the opportunity for the division to leverage the strengths of Kmart.” He added that 75 per cent of Target’s range – across apparel, soft home and toy products – will be unique to the brand. Target of theft ?

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

Retail Geek

Cyberweek because consumer saw the headline you know I was asked by a customer just recently in the specialty apparel space. we saw a shrinkage of 6% of product catalogs so retailers are being conservative. In general Footwear at a 22 percent year-over-year growth now luxury handbags in general apparel I get it.

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Tilly’s Partners with Nedap to Elevate Omnichannel Strategy

Retail Focus

Nedap (AMS:NEDAP), the global leader in RFID solutions, is pleased to announce a new partnership with Tillys, a leading specialty retailer of casual apparel, footwear, and accessories. With Nedaps platform, Tillys gains the tools to make data-driven decisions, reduce shrinkage, and foster long-term growth.