Retail TouchPoints

JANUARY 24, 2024

At the core of this comeback, malls of today are responding to the evolving expectations of shoppers with sustainability, experience and personalization. With this, retailers are designing store layouts with dedicated areas to showcase new and different products for varying tastes and trends, creating an ever-changing experience for shoppers.

Returns 319

Returns Department Stores Store Layout Fast Fashion 319

Inside Retail

FEBRUARY 8, 2022

The grocery giant also partnered with celebrity mixologist Pritesh Mody to create three cocktails using Aldi’s champagne, which customers could enjoy at the pop-up for as little as £1.09 – far cheaper than what is expected in one of London’s most expensive postcodes. They could have just put an ad on TV. Creating customers.

ATS 130

ATS Supermarket Store Layout Advertising 130

Retail TouchPoints

SEPTEMBER 19, 2023

The company has successfully helped retailers like American Eagle Outfitters leverage RFID and computer vision-based inventory tracking technology to create a holistic, near-real-time view of inventory across stores to empower both associates and consumers. The pandemic accelerated new consumer behaviors, such as BOPIS.

Store Operations 267

Store Operations Shipping Fulfillment Store Layout 267

Retail TouchPoints

FEBRUARY 28, 2024

Analysis-ready models eliminate the need for manual data engineering, science and analysis, all of which can be time-consuming and prone to error. Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Rachel Workman is VP of Data at SoundCommerce.

Inventory Turnover 229

Inventory Turnover Supply Chain Management Store Layout Marketing 229

Retail Focus

OCTOBER 25, 2023

Senior retail consultant at Univers Retail | Published author | Visiting lecturer. Retailers have continually adapted to changing consumer demands, technological advancements, and shifting societal values. While prices and service were somewhat reduced, the primary focus shifted to delivering the right product at the right time.

Department Stores 163

Department Stores Store Layout Specialty Store Fulfillment 163

Wiser

SEPTEMBER 17, 2019

Will a promotion here eat into sales or lift them up? It’s normal to be a bit nervous about a change inside your stores. Why Monitor Consumer Behavior? Before diving into the metrics, it helps to look at why it’s beneficial for your business to monitor how consumers act. And that makes sense.

Consumer 98

Consumer Store Layout Promotions Checkout 98

Retail TouchPoints

JANUARY 25, 2023

Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. That means brick-and-mortar is still going strong, and not just because consumers are eager to get out of the house again.

Store Layout 226

Store Layout Sporting Goods Consumer Location 226

RETAIL MANAGEMENT SOFTWARE

DECEMBER 4, 2023

The holiday season of 2023 promises to be a mixed bag of discounts, smart spending and changes in consumer behavior. From festive window decorations to well-organized in-store layouts, retailers aim to create an immersive and inviting atmosphere that captures the attention of shoppers. From bustling U.S.

Store Layout 83

Store Layout Shipping Promotions Consumer 83

Inside Retail

OCTOBER 10, 2023

Prices continue to rise while retailers bear the brunt of consumer ire; however, some retailers, such as Aldi, are seeing the upside as consumers seek value. It’s interesting to see both Waitrose and M&S running campaigns you’d never have seen in the past, with price promises, price matching and price-down promotions.

Supermarket 130

Supermarket Store Layout Checkout Advertising 130

Retail Focus

MAY 24, 2023

Nevertheless, as in every other sector, you can encounter different problems that can make you slow down, reduce sales and, in the worst case, even close the business at all. Lack of product is a major problem during the holidays when most consumers are looking to buy products. The retail sector is a unique and diverse business.

Store Layout 130

Store Layout Department Stores Customer Experience Management 130

Retail TouchPoints

NOVEMBER 5, 2020

When it comes to online merchandising, there are plenty of subtle but effective in-store tactics that can be difficult to replicate. Mannequins, store layout and even music are all curated to express your brand identity and drive a unique customer experience. . Be savvy around sales and promotions. Don’t ignore checkout.

Checkout 220

Checkout Store Layout Promotions Accessories 220

Wiser

JULY 31, 2023

In the competitive world of retail, ensuring your products are in the right place at the right time can mean the difference between profit and loss. A planogram is a visual diagram that details where every product on a retail store shelf should be placed. Planogram compliance refers to how well stores adhere to the planogram.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

Retail Focus

MAY 30, 2023

Senior retail consultant at Univers Retail | Published author | Visiting lecturer. A ‘ brand community ’ refers to a group of consumers who share a common interest or passion for a particular brand. These can include comfortable seats, nice lighting and well-designed store layouts. Ghalia BOUSTANI.

Visual Merchandising 130

Visual Merchandising Promotions Beauty and Health Store Layout 130

Wiser

APRIL 10, 2023

If your product range is too narrow, then you won’t be able to meet consumer demand. Every retail store has a different assortment. Even similar stores like Lowe’s and Home Depot won’t carry the exact same products. Deciding on your product assortment isn’t as simple as it might sound.

Dead-Stock 145

Dead-Stock Store Layout Visual Merchandising Planning 145

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

In the rapidly evolving world of retail and consumer packaged goods (CPG), staying ahead of the competition is a constant challenge. AI is reshaping the business world as today’s future-ready retailers and consumer goods manufacturers leverage technology to streamline operations and connect more closely with consumers.

Marketing 95

Marketing Inventory Management Supply Chain Management Store Layout 95

Retail Focus

NOVEMBER 7, 2023

Senior retail consultant at Univers Retail | Published author | Visiting lecturer. The catalyst behind this transformation is the emergence of hyperphysical stores, a groundbreaking approach that is redefining the very essence of the retail experience. Furthermore, 68% prefer a physical store when it comes to customer service.

Store Layout 148

Store Layout Clienteling Shopping Inventory Management 148

Wiser

AUGUST 13, 2019

It’s the total of a shopper’s purchases during one specific visit to your store. Even so, increasing the number of items a consumer buys during a trip to your store is incredibly important. Offer Promotions. Sales promotions are another excellent way to increase market basket size. Timed discounts.

Marketing 103

Marketing Store Layout Promotions Inventory Management 103

Inside Retail

OCTOBER 17, 2021

The Danish toy-maker said it will work closely with the Geena Davis Institute on Gender in Media and UNICEF as it seeks to promote more inclusive play, starting with its latest campaign ‘Ready for Girls’, which celebrates girls who rebuild the world through creative problem solving.

Store Layout 130

Store Layout Department Stores Marketing Consumer 130

Retail Focus

JANUARY 12, 2023

A comprehensive brand experience is promoted from the outside and into the physical space as well as other brand touchpoints. Senior retail consultant at Univers Retail | Published author | Visiting lecturer. Is brand identity important in designing exceptional pop-up stores? Ghalia BOUSTANI.

Visual Merchandising 246

Visual Merchandising Store Layout Customer Experience Shopping 246

Wiser

APRIL 26, 2022

The promoting and selling strategies that retailers use to increase sales, boost profits, draw in new customers, improve customer experiences, and shape brand image are all part of merchandising. Visual merchandising strategies like marketing displays in-store or online can draw in customers and increase foot-traffic.

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

Wiser

DECEMBER 5, 2023

By offering a product at a loss, retailers draw traffic to their stores or websites. Customers enticed by the low-priced item often end up purchasing other items at regular prices, driving up profits. Unsurprisingly, there are a number of pros and cons to selling products at a loss.

Store Layout 78

Store Layout Customer Retention Consumer Marketing 78

V Count

JANUARY 24, 2024

The pandemic altered consumer behavior worldwide, and retailers suffered significant losses during this time. Accurate visitor counting allows you to track visitor movements, products they look at, and how long they spend in certain areas, even providing insights into their demographics.

Management 59

Management Store Layout Inventory Management Target Market 59

CJ Retail Solutions

DECEMBER 11, 2023

Importance of retail store installation and design 1.2 Maximising layout for optimal traffic flow 3.2 Rotating merchandise to keep the store fresh and interesting Technology Integration 6.1 Incorporating digital signage for promotions 6.2 Involving employees in the design and layout decisions 9.3

Inventory Management 52

Inventory Management Point of Sale Store Layout Customer Experience 52

Wiser

FEBRUARY 9, 2021

How can you set the right price , at the right time, but also do so in a way that is aligned with public expectations? Price image is defined as the perception of your prices by consumers, relative to the competition. Price image is defined as the perception of your prices by consumers, relative to the competition.

Promotions 113

Promotions Store Layout Advertising Consumer 113

Wiser

AUGUST 17, 2018

According to behavioral economics researcher Dan Ariely , shoppers generally overvalue the benefits of “free” even when compared to higher-quality items at a discounted price. BOGO is a great discount technique to use to appeal to consumers. Big companies such as TOMS and Chipotle have seen a lot of success with BOGO promotions.

Advertising 112

Advertising Promotions Visual Merchandising Store Layout 112

Wiser

JUNE 11, 2019

At Wiser, we were curious what were the major factors behind brand and retailer loyalty, so we turned to our network of smartphone-enabled shoppers. To begin, we wanted to know if online or in-store shopping was more popular among our mystery shoppers. How and Why Consumers Shop. What brings shoppers back for more? Is it price?

Store Layout 83

Store Layout Promotions Shipping Shopping 83

365 Retail

DECEMBER 12, 2023

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

Payment Services 58

Payment Services Checkout Store Layout Inventory Management 58

Wiser

DECEMBER 8, 2020

Even if performance isn’t an issue, category resets can follow a natural cycle based on category seasonality or changing consumer tastes. Either way, if you aren’t constantly refreshing your categories based on consumer behavior and sales data, you will fall behind. That means rearranging the category to promote the new product.

Cross Merchandising 88

Cross Merchandising Visual Merchandising Store Layout Apparel 88

Shopper Motion

DECEMBER 29, 2022

They can be time-consuming and costly. Additionally, track foot traffic at experiential marketing events using beacons or other location-tracking technology. . . . . The benefits of using in-store tracking technology to measure offline campaigns include: . . Measure campaign effectiveness.

Store Layout 52

Store Layout Advertising Marketing Promotions 52

V Count

MARCH 6, 2024

The intensity of competition is escalating, and consumer preferences are continually changing, reflecting the impact of societal and technological changes. One effective approach could be to offer exclusive promotions or significant discounts specifically tailored for purchases made in-store.

Shopping 52

Shopping Advertising Checkout Store Layout 52

V Count

MARCH 6, 2024

The intensity of competition is escalating, and consumer preferences are continually changing, reflecting the impact of societal and technological changes. One effective approach could be to offer exclusive promotions or significant discounts specifically tailored for purchases made in-store.

Shopping 52

Shopping Advertising Checkout Store Layout 52

V Count

JANUARY 7, 2022

This ensures you have the right number of staff members at the right times, reducing abandonment rates and improving customer satisfaction. Does your store layout allow for a smooth customer journey? Retail stores have been one of the first industries to roll out detailed safety plans in the post-covid era.

Shopping 52

Shopping Checkout Store Layout Management 52

Retail Minded

FEBRUARY 13, 2023

Host Events And Demonstrations In-Store Connect with the local community and give visitors a unique experience by hosting demonstrations, classes, and events in your store. Customer experiences at your store should be memorable and hands-on. This way, you will be ahead of your local competitors.

Shopping 52

Shopping Payment Services Store Layout Kiosk 52

Retail Minded

JANUARY 4, 2022

Apart from that, customer chatbots have been beneficial in speeding up data dissemination between retailers and consumers, as well as creating better communication channels. Hence, the creation of customer chatbots to promote better communication with customers. . In most cases, clients prefer messaging as a primary service channel.

Store Layout 98

Store Layout Promotions Marketing Retail Marketing 98

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 2, 2021

Conversion is your ability to convince consumers to buy goods from your retail store. Attracting consumers is only half of the battle when it comes to your retail business. How to increase conversion rate in retail store? Store Layout and Window Displays. Invest in a high-quality mobile point-of-sale system.

Payment Services 52

Payment Services Checkout Store Layout Consumer 52

V Count

FEBRUARY 9, 2024

The best way to understand consumers is through people counting solutions. Millennials lead in car sales, purchasing more new cars than any other age group, and they also rank close to the top in automobile sales when it comes to buying used vehicles worldwide, according to Deloitte’s 2023 Global Automotive Consumer Study.

Target Market 52

Target Market Store Layout Consumer Marketing 52

V Count

JANUARY 26, 2024

The benefits of AI adoption in retail operations are numerous, including the ability to predict consumer buying patterns, optimize inventory management, provide personalized shopping experiences, and so much more. Access to real-time data means being able to pivot quickly and strategically in response to market trends or consumer feedback.

Shopping 95

Shopping Inventory Management Customer Experience Store Layout 95