Retail TouchPoints

MAY 31, 2022

5G is really three things — speed , latency and massive connectivity ,” said Michael Colaneri, a 30-year AT&T veteran who now leads the telecom’s retail business vertical. Here are five places where 5G-enabled experiences/solutions are either being tested or have already been deployed at retail. What is 5G, Really?

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Merchant Services Checkout Shrinkage ATS 342

Retail TouchPoints

JUNE 15, 2022

The chatter of the store “being dead” is evolving from belief that the physical store is fading amid the shift to digital, to seeing that it’s the role of the store that is changing — and a vital one at that. To curb shrinkage, self-pay via an app is used to let shoppers and guests purchase items themselves.

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Payment Services Checkout Shrinkage Fast Fashion 252

Retail TouchPoints

FEBRUARY 21, 2023

Retailers that understand the customer journey and adopt innovative strategies are looking at ways to turn their brick-and-mortar stores into experience centers. Connectivity is critical to driving in-store traffic, providing a seamless shopping experience, fostering a robust brand connection and creating lasting memories.

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Retail TouchPoints

NOVEMBER 23, 2022

As the holiday shopping season approaches, tech-savvy retailers will reassess what video technology offers. A worldwide pandemic kept shoppers hunkered down at home and out of malls and stores for two years. The expected bounce-back has, at best, developed slowly. Rewiring Retail.

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Merchant Services Shrinkage Store Layout Customer Experience 271

Mass Relators

DECEMBER 12, 2022

The newfound willingness of executives to publicly discuss retail crime and its impact on consumers is a welcome development. Fueled by a surge in organized retail crime, shrinkage costs the industry almost $100 billion a year, according to National Retail Federation’s “2022 Retail Security Survey.” billion, compared to $90.8

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Independent Retailer

JULY 8, 2021

According to the 2020 National Retail Security Survey , retail theft, or shrinkage, is at an all-time high. In fact, in 2019, shrinkage accounted for an average rate of two percent of inventory, calculated at retail, costing the industry a record $62 billion. Reduce Retail Theft .

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Independent Retailer

JULY 29, 2022

Interactive fitting rooms increase consumer engagement by providing outfit and accessory suggestions, size availability, and color options. The most common area in-store that retailers focus on to improve customer engagement is at the Point of Sale (POS). by Dean Frew. Transforming the POS. retail industry $47 billion in 2017.

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Independent Retailer

JULY 8, 2021

According to the 2020 National Retail Security Survey , retail theft, or shrinkage, is at an all-time high. In fact, in 2019, shrinkage accounted for an average rate of two percent of inventory, calculated at retail, costing the industry a record $62 billion. Reduce Retail Theft .

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Loss Prevention Shrinkage Management Location 90

Inside Retail

DECEMBER 16, 2021

In the fashion industry, Korea has a reputation for being at the forefront of trends. Based on their experience in the industry, they knew consumers were attracted to cute designs, and by pairing them with the emerging oversized fit trend, ADLV became an instant hit. But that is starting to change. Riding the hallyu wave.

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Nvidia

JANUARY 13, 2022

At the National Retail Federation’s annual trade show, conversations tend to touch on recurring themes: “Will we be able to stock must-have products for next Christmas?,” “What incentives can I offer to loyal workers?” and “What happens to my margins if Susie Consumer purchases three of the same dresses online and returns two?”.

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A1 Retail

OCTOBER 12, 2021

By Ofri Ben Porat, Chief Executive Officer at Edgify. Loss prevention teams call this inevitable outcome “external shrinkage”. Which is why it is so encouraging to see retailers utilising new technology to reduce the impact of shrinkage. Instead, it’s possible to train deep learning AI models at the point of sale (PoS).

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Frank Mayer

JANUARY 14, 2022

As the new year dawns, 2022 CX strategies across industries will continue to center on convenience and consumer satisfaction by nurturing omnichannel plans and implementing the latest technology. The Hybrid Shopping Experience. In short, now they can toggle between shopping methods depending on what’s convenient at the moment.”.

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Retail Geek

NOVEMBER 30, 2021

Episode 282 is a breakdown of November Holiday and CyberWeek sales with Rob Garf, VP and GM, Retail at SalesforceVP and GM, Retail at Salesforce. Rob Garf ( @retailrobgarf ) is VP and GM, Retail at Salesforce. Rob: [1:06] Hey Scott Jason it’s great to be here as always happy holidays.

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