Retail TouchPoints

NOVEMBER 17, 2023

The letdown customers experience when their orders don’t arrive on time, or at all, results in uncertainty and distrust that’s difficult — if not impossible — to remedy. Retailers can expect that customers will turn to other vendors; once this happens, they’ve lost both the sale and the customer’s trust and loyalty.

Customer Experience 251

Customer Experience Inventory Management Fulfillment Inventory Turnover 251

Retail Gazette

FEBRUARY 22, 2024

Artificial Intelligence (AI) is revolutionising the retail industry, fundamentally changing how businesses operate and interact with customers. With the integration of AI-powered technologies, retailers can enhance customer experiences, optimise operations and drive revenue growth.

Inventory Management 121

Inventory Management Checkout Inventory Turnover Promotions 121

Inside Retail

NOVEMBER 14, 2023

The Terminal “Our ‘click and mortar’ strategy is designed to integrate the convenience of online shopping with the tangibility of a physical store – where products purchased at the store are delivered straight to customers’ homes to ensure a seamless and engaging customer journey,” he told Inside Retail.

Inventory Turnover 130

Inventory Turnover Fashion Shopping Consumer 130

Retalon

FEBRUARY 15, 2022

What’s more, you’re able to buy enough inventory to meet demand without being left with overstock. Inventory/supply chain. Demand forecasting at store/SKU levels leads to better allocation of inventory across the entire business from the start. Customer experience. Let’s take a look at what those are.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41

V Count

JANUARY 11, 2023

The retail trade sector is constantly changing, and gone are the days when guesswork was all you could rely on to offer a great customer experience. Your arsenal is now more prosperous than ever (in terms of providing a better guest experience and maximizing your revenue); however, this also means the market is more competitive.

Inventory Turnover 40

Inventory Turnover Promotions Customer Experience Planning 40

Retalon

FEBRUARY 15, 2024

The global AI in retail market’s revenue share from predictive analytics-driven programmatic advertising and market forecasting stood at 33.1% in 2022, hinting at the burgeoning reliance on these sophisticated tools. Prescriptive analytics suggests actionable steps based on analyzed data.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Retalon

AUGUST 5, 2020

Is the right product getting to the right place at the right time? But of the myriad options, what are the KPIs in retail that will truly drive profitability and make the best use of a retailer’s substantial inventory investment? Inventory Turnover Ratio 3. Inventory Turnover Ratio. Inventory Turnover Ratio.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41