Retail TouchPoints

APRIL 25, 2022

Supply chain management is the heart of retail management and has the ability to inform the overall health of a business. As a result, businesses looking to gain a competitive advantage in the global marketplace are investing more heavily in supply chain management.

Supply Chain Management 286

Supply Chain Management Inventory Management Shipping Management 286

Retail TouchPoints

APRIL 19, 2024

After all, studies show that consumers care more about the environmental impact of their purchasing decisions than ever before. It is a technology that uses radio waves to read information stored in an antenna — at retail, this is most commonly placed in a sticker or tag — without requiring physical contact or a line of sight.

Supply Chain Management 234

Supply Chain Management Fast Fashion Apparel Shipping 234

Retail TouchPoints

MAY 20, 2022

Wilks will be responsible for the strategic leadership of REI’s global supply chain, working with other leaders across the organization to develop its network and support the company’s growth. Wilks has more than 25 years of experience in the retail, food and beverage and consumer product industries.

Supply Chain Management 254

Supply Chain Management Planning Management Consumer 254

Retail Focus

NOVEMBER 3, 2023

By adopting the latest digital technologies, retailers can keep pace with the ever-evolving nature of consumer expectations. Here is a look at some benefits retailers can accrue from adopting these digital technologies: 1. Consumer behaviors tend to move with the current times, hence opting for the new digital space.

Supply Chain Management 130

Supply Chain Management Customer Experience Consumer Management 130

Retail TouchPoints

SEPTEMBER 19, 2022

Intellibed has licensed certain aspects of our gel technologies for many years, therefore this acquisition allows us to consolidate our IP under one roof while at the same time enhancing Purple’s manufacturing capabilities and financial profile,” said Rob DeMartini, CEO of Purple in a statement.

Management 222

Management Supply Chain Management Marketing Consumer 222

Retail TouchPoints

SEPTEMBER 25, 2023

“While we’ve returned to some sense of normalcy, the VUCA [volatile, uncertain, complex and ambiguous] proposition has become a reality,” said Dr. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee. Retailers have to right-size consumer expectations.

Returns 296

Returns Supply Chain Management Fulfillment Customer Experience 296

Retail TouchPoints

APRIL 25, 2022

Conscious consumption is on the rise and two big names in retail have launched new programs to tap into the consumer appetite to shop sustainably. Items are available at up 60% off retail prices. eBay UK Features ‘Imperfect’ Products from North Face, Puma and More. ”

Fashion 257

Fashion Apparel Supply Chain Management Accessories 257

Inside Retail

AUGUST 27, 2023

Aloysius Chay started Hydragun, a direct-to-consumer wellness brand offering premium products to aid recovery and relieve aches and pain, after suffering a training injury and realising how big the market for such products was. Educating consumers about a brand via paid social media channels is the best way,” he added.

Supply Chain Management 130

Supply Chain Management Consumer Fulfillment Marketing 130

Inside Retail

JULY 12, 2021

The bid values Youfoodz at approximately $125.3 The transaction combines Youfoodz’s strength in developing and manufacturing delicious ready-made meals with HelloFresh’s expertise in supply chain management, technology and direct-to-consumer marketing,” Youfoodz said in its statement to shareholders.

Supply Chain Management 239

Supply Chain Management Marketing Planning Management 239

Retail TouchPoints

JULY 27, 2020

Nowadays, the experience of browsing virtual re-creations of physical stores couldn’t be more important for consumers. But it’s worth remembering that those virtual environments are modeled on physical stores for a reason, and the future will see consumers flitting comfortably between both. Smooth Operators Appeal Online And Off.

Retail Trends 178

Retail Trends Payment Services ATS Checkout 178

Retail TouchPoints

JULY 20, 2022

Global conflicts, economic uncertainty and volatile demand patterns have thrown supply chains (and the retailers that rely on them) for a loop. This, in turn, is driving warehouse and supply chain managers to seek out technologies that minimize costs and human touch points, while speeding up processes.”

Supply Chain Management 294

Supply Chain Management Customer Experience Shipping Management 294

LS Retail

MAY 3, 2022

At a very early age, I had decided this was not the life and future I would want for myself. ©iStock/metamorworks Serial entrepreneur Somdutta Singh aimed to carve out a profession of her liking. Born to doctor parents from Kolkata, the first-generation entrepreneur has launched several ventures over the years. “At Assiduus Global Inc?. —

Supply Chain Management 81

Supply Chain Management Management Consumer ATS 81

Inside Retail

NOVEMBER 22, 2023

Retailers know this, consumers know this, cybercriminals know this, and are unfortunately ready to take advantage of any weak link that can be found to steal vital consumer and business data. Threat actors highly covet consumer credit cards and personally identifiable information (PII) as criminals can quickly and easily monetise it.

Payment Services 162

Payment Services Supply Chain Management Accounting Point of Sale 162

Inside Retail

FEBRUARY 26, 2024

There are several economic factors playing havoc with consumers and business operations that are likely to persist into 2024. Consumer sentiment remains low as households stagger under higher costs of living and interest rates. A strong personal connection increases the likelihood that a consumer will remain loyal to that brand.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Inside Retail

OCTOBER 16, 2023

Even if only a fraction of these users convert into consumers, it spells immense profitability for retail brands. This is precisely what direct-to-consumer (DTC) brands have been capitalising on in recent years. Technological innovations have streamlined supply-chain management and warehouse operations.

Supply Chain Management 130

Supply Chain Management Beauty and Health Consumer Fashion 130

Wiser

DECEMBER 20, 2023

Data can help identify the promotional strategies that resonated with consumers, the products that flew off the virtual shelves, and the ones that didn’t. With this knowledge, brands and retailers can tailor their future strategies to align with consumer behavior and preferences. The appeal of online shopping is multifaceted.

Retail Trends 147

Retail Trends Promotions Supply Chain Management Consumer 147

Retail TouchPoints

MARCH 28, 2023

Devising a new returns policy, then, entails managing a series of trade-offs that vary from one business to the next. Under lenient returns policies, retailers tend to be too quick to blame high returns on so-called “opportunistic renters” — consumers who buy with the intention of returning the item rather than keeping it.

Returns 254

Returns Home Furnishings Supply Chain Management Consumer 254

Retail TouchPoints

SEPTEMBER 14, 2023

that delivers pretty much any item to a consumer with science fiction-style immediacy, retailers remain bound by 21 st -century delivery methods. Fast Fulfillment Challenges Abound The availability and affordability of labor, or the lack thereof, is currently a major issue in achieving fast fulfillment at an affordable cost.

Fulfillment 249

Fulfillment Shipping Supply Chain Management Consumer 249

Retail TouchPoints

SEPTEMBER 1, 2022

At the same time, retailers are harkening back to a time in the not-so-distant past when holding too much inventory was considered an unforgivable sin. But in the midst of today’s current supply chain issues, inflation and fluctuating consumer demand, many retailers are finding themselves in the opposite scenario, with an excess of stock.

Fulfillment 269

Fulfillment Supply Chain Management Management Consumer 269

Retail TouchPoints

MAY 2, 2022

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. This is especially true for younger consumers: some 75% of millennials say they consider sustainability when making a purchase. Over the past seven years, there has been a 71% increase in online searches for sustainable goods.

Drop-Shipping 317

Drop-Shipping Returns Supply Chain Management Shipping 317

Inside Retail

JULY 6, 2022

Emerging improvements in automated planning systems are now being used to address the inherent complexities and challenges in supply chain management, supporting retailers in previously unimaginable ways and profoundly mitigating ongoing supply chain risks.

Planning 130

Planning Supply Chain Management Markdowns Management 130

Retail Focus

APRIL 4, 2024

Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace. Ghalia BOUSTANI.

Clienteling 147

Clienteling Supply Chain Management Customer Experience Consumer 147

Retail TouchPoints

DECEMBER 27, 2021

This is likely a reflection of heightened consumer price sensitivity in these subsegments. Cost saving initiatives may serve to support low prices for consumers and bolster margins to the corporate parent, but they can sometimes miss the bigger picture when it comes to more comprehensive, long-term strategy changes.

Supply Chain Management 346

Supply Chain Management Consumer Management Fashion 346

Retail TouchPoints

NOVEMBER 18, 2021

Consumer expectations of retailers have been transformed by their experiences buying from Amazon and other innovative retailers that are able to provide fast, efficient omnichannel experiences. Last year, COVID-19 lockdowns that restricted shopping at brick-and-mortar stores sent shoppers online. Holiday shopping season is upon us.

Supply Chain Management 235

Supply Chain Management Fulfillment Shipping Inventory Management 235

Inside Retail

NOVEMBER 29, 2021

The Australian Consumer and Competition Commission released a worrying report into the state of the world’s global ports and supply-chain networks – and the impact this is having on Australia – in November. Pre-Covid, consumers were enjoying a plethora of choices. Instead, focus on what you can measure and change.

Supply Chain Management 130

Supply Chain Management Customer Experience Planning Consumer 130

Retail TouchPoints

MARCH 21, 2022

5G can Drive Consumer Engagement. 5G is expected to be a powerful catalyst to disrupt retail operations, from optimizing warehouses and supply chain management to transforming the in-store customer experience through personalization and product engagement.

Payment Services 252

Payment Services Checkout Supply Chain Management Customer Experience 252

Retail TouchPoints

MAY 26, 2022

It’s the question that’s on every retailer’s — and not a few consumers’ — minds: When will global supply chains flow freely once more? With supply chain challenges come the higher costs feeding inflation, which is itself a double-edged sword. The baby formula shortage is a special case.) The dam has broken.

Promotions 272

Promotions Supply Chain Management Consumer Shipping 272

Retail Focus

JANUARY 5, 2024

Senior Retail Consultant at Univers Retail | Published author | Visiting lecturer. Luxury retail has undergone a significant transformation driven by digital technology and changing consumer expectations. Sustainability as a Core Value : Digital strategies must align with sustainable practices, a growing concern among luxury consumers.

Customer Experience 147

Customer Experience Supply Chain Management Clienteling Management 147

Retail TouchPoints

SEPTEMBER 18, 2023

Dharmesh Mehta, VP of Worldwide Selling Partner Services at Amazon , is celebrating his 10th anniversary with the company this year, and so he kicked off the fourth annual Amazon Accelerate conference for sellers by comparing the differences between the ecommerce platform today and 10 years ago.

Payment Services 317

Payment Services Shipping Fulfillment Finance 317

Retail TouchPoints

DECEMBER 18, 2020

The resulting lockdowns and shelter-in-place orders have caused a shift in buying behavior among American consumers. Varying product availability has been a key reason for these changing buying decisions, prompting consumers to choose between need and preference. That’s why sound transportation management is critical.

Supply Chain Management 246

Supply Chain Management Customer Retention Fulfillment Shipping 246

365 Retail

JULY 19, 2022

Not too long ago, during the depths of lockdown, the direct-to-consumer (DTC) model was hailed as the saviour of retail and the future of the industry. Meanwhile, others are returning to a more traditional wholesale approach to increase their visibility in the eyes of consumers. Flexible supply chains.

Consumer 57

Consumer Wholesale Supply Chain Management Fulfillment 57

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. 1) Don’t play the waiting game.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

A1 Retail

OCTOBER 4, 2022

Kené Umeasiegbu, Campaigns Director at Tesco, has been named this year’s Business Person of the Year at the 2022 Black British Business Awards (BBBAwards). Cecil Peters, EMEA Head of Diversity, Equity and Inclusion and Advancing Black Pathways at J.P. Consumer and Luxury Rising Star . Morgan said: “J.P.

ATS 59

ATS Supply Chain Management Management Consumer 59

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. Supply Chain Management model: This model helps retailers manage their supply chain by tracking inventory levels, logistics and supplier performance.

Inventory Turnover 211

Inventory Turnover Supply Chain Management Store Layout Marketing 211

Retail TouchPoints

FEBRUARY 10, 2022

Consumers Want Transparency. More than half of consumers surveyed indicated they would be more likely to purchase from a local retailer than a national one during the COVID-19 crisis. consumers are expected to spend $150 billion on sustainable products by the end of this year. Along those lines, U.S.

Supply Chain Management 236

Supply Chain Management Management Consumer Planning 236

Retail TouchPoints

MARCH 30, 2022

Consumers’ continued reliance on omnichannel fulfillment has created new opportunities for industry giants like Walmart to differentiate and gain market share. The personal shopper, a role that didn’t exist a decade ago, is now one of the fastest-growing positions at Walmart stores, according to Dunn. The retailer reported 5.6%

Fulfillment 269

Fulfillment Drop-Shipping Supply Chain Management Grocer 269

Inside Retail

JANUARY 9, 2022

In 2020 and 2021, empty shelves were due to spikes in demand, as shoppers responded to lockdowns by buying more toilet paper, pasta and other consumables. This disrupted the usual rhythms of predictable supply chains. Now the shortages are due to supply-side problems, and occurring (almost) nationally. Cooperation is key.

Supermarket 246

Supermarket Supply Chain Management Fulfillment Wholesale 246