Retail TouchPoints

AUGUST 14, 2023

Turning Insights into Action The first step is to establish an internal task force comprised of technology, business, finance and operations representatives. The task force should then explore different technologies, providers and partners, as well as look at similar businesses to see which steps they took and how they chose to innovate.

Payment Services 196

Payment Services Checkout Inventory Management Grocer 196

Inside Retail

APRIL 3, 2023

Well, at MYOB we believe there’s a better way. Our customers have been clamouring for solutions that has stretched us far beyond pure accounting tech for many years, hungry for solutions in payroll, inventory management and more besides,” says MYOB’s GM – SME, Emma Fawcett. “It Sound familiar? Now’s the time to MYOBelieve.

Inventory Management 130

Inventory Management Finance Management Accounting 130

Retail TouchPoints

JANUARY 6, 2023

Consumers are a little more cautious,” said Steve Rogers, Managing Director at Deloitte in an interview with Retail TouchPoints. “ Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022.

Payment Services 314

Payment Services Promotions Consumer Inventory Management 314

Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

Store Operations 241

Store Operations Shipping Fulfillment Store Layout 241

Retail Focus

MARCH 6, 2024

Expert Manager at Univers Retail | Published author | Visiting lecturer. Their method of recording and verifying transactions is secure, transparent, and decentralised, and it can be applied to different sectors such as finance, supply chain, and digital identity verification. Ghalia BOUSTANI.

Inventory Management 147

Inventory Management Customer Experience Fashion Consumer 147

Retail TouchPoints

MAY 9, 2023

Instead of waiting on a retail worker to write ideal search engine-optimized titles and features of the item by hand, AI-assisted titles and descriptions would save an enormous amount of time and effort — enabling businesses to start selling as soon as they have available inventory. Creating a seamless inventory management journey.

Payment Services 246

Payment Services Inventory Management Marketing Checkout 246

Small Biz Trends

JULY 20, 2022

As a small business owner, you need to stay on top of finances and related paperwork. But as your business grows, you may find it difficult to manage all your financial reports. Small business accounting software is a powerful tool that enables business owners to have complete control over their finances. AccountEdge Pro.

Accounting 98

Accounting Payment Services Finance Management 98

Inside Retail

APRIL 10, 2022

For example, onboarding an inventory management system so that you can work with national (and international!) retailers in stocking your product, and coping with high volumes of inventory. For example, is your time better spent on developing new products, rather than spending hours on bookkeeping and managing finances?

Inventory Management 130

Inventory Management Target Market Wholesale Finance 130

Inside Retail

MAY 24, 2021

The business got its start when McRitchie, formerly chief executive at DealsDirect, built a 50-man team in the Philippines to handle some of that business’ operations. And, realising the potential this model could bring to other retailers, set out to bring a retailer focused outsourcer to the industry.

Inventory Management 147

Inventory Management Finance Returns Management 147

Retail TouchPoints

JUNE 13, 2023

We have a wealth of data at our disposal, from customer behavior and preferences to supply chain and inventory details. At Aldo Group, we are proud to have been the first shoe and fashion accessories retailer to obtain the carbon neutral certification back in 2018 and to now strive for Net Zero emissions by 2050.

Customer Experience 216

Customer Experience Inventory Management Marketing Consumer 216

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. But we do,” said Partap Sandhu, Head of Pricing at Rema 1000 during a session at NRF.

Point of Sale 232

Point of Sale Promotions Inventory Management Grocer 232

Retail Minded

DECEMBER 21, 2022

Managing and accounting the finances of a retail business is not an easy job, but it has to be done efficiently to ensure the business can diligently track revenues and losses. . Retail accounting is a method used to track and estimate remaining inventory. Essentially, retail accounting is a tool for inventory management.

Accounting 52

Accounting Inventory Management Point of Sale Management 52

Retail Gazette

FEBRUARY 6, 2024

Advanced Supply Chain (ASC) polled 100 UK retailers, with 63% reporting a rise in the number of goods being returned during the last year, which they attribute largely to the squeeze on consumer finances.

Customer Experience 52

Customer Experience Returns Inventory Management Point of Sale 52

Inside Retail

SEPTEMBER 21, 2021

Out of the roughly 2 million active sellers on Amazon marketplaces worldwide, Forbes reported that over 30,000 in the US alone are making at least $1 million in sales a year. Thrasio, which this year was valued at over US$4 billion, owns more than 100 e-commerce brands. Targeting 100 brands. Juju is a case in point.

Planning 246

Planning Inventory Management Outdoor Finance 246

Retail TouchPoints

NOVEMBER 29, 2023

In fact, more than 40% of adults reported visiting a mall within a two -week period in August, up from 35% at the beginning of June and 30% in the beginning of April, according to Coresight Research’s ongoing survey of 1,600 consumers. It’s an experience where you can eat at a different restaurant every week.” That’s all a given.

Shopping 233

Shopping Kiosk Consumer Fulfillment 233

Retalon

OCTOBER 23, 2023

TORONTO (PRWEB) FEBRUARY 04, 2022 Retalon, an award-winning provider of AI and predictive analytics for retailers has become a Microsoft Partner through the release of their analytics solutions for planning, inventory management, and lifecycle pricing on Microsoft Dynamics 365.

Markdowns 41

Markdowns Inventory Management Finance Planning 41

Storis

DECEMBER 12, 2023

The automatic and consistent sharing of product data across your point of sale , inventory management solution , and website saves your team countless hours manually updating information. Managing holiday headquarters can be a challenging job! Your finance managers want to keep that cash flowing like eggnog.

Home Furnishings 52

Home Furnishings Inventory Management Point of Sale Finance 52

Retail Minded

MARCH 2, 2022

Accounting And Finance. Certified professionals have traditionally managed the accounting and financial operations, but technological improvements have prompted the need for faster response and error reduction to keep up with the times. Automated Inventory Management. RPA bots can automatically update inventory databases.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

I Vend

NOVEMBER 6, 2023

With some or all of these increases being due to rising prices, volumes are forecast to increase at a lower rate, or even reduce. The role of POS systems with inventory management The most effective way to ensure efficient management of inventory is through retail technology – a POS system with inventory management software.

Inventory Management 80

Inventory Management Management Point of Sale Returns 80

Retail Bound

DECEMBER 3, 2021

You ensure your inventory is at sufficient levels, you possibly take on new staff to meet volume expectations, you coordinate with your logistical partners, and then you brace yourself for long hours to ensure every customer is satisfied with their purchase experience. Inventory management is a large part of a business’s success.

Inventory Management 52

Inventory Management Shipping Planning Finance 52

Retalon

FEBRUARY 7, 2022

Retalon, an award-winning provider of AI and predictive analytics for retailers has become a Microsoft Partner through the release of their analytics solutions for planning, inventory management, and lifecycle pricing on Microsoft Dynamics 365.

Markdowns 41

Markdowns Inventory Management Finance Planning 41

Small Biz Trends

JUNE 25, 2022

Take a look at the online businesses for sale in June. The seller is open to financing $1,000,000 of the purchase price along with support and training by staying on for a year for a full transition. The business is pre-qualified for SBA financing and the seller is willing to stay for a negotiated transition period.

Drop-Shipping 94

Drop-Shipping Apparel Finance Specialty Store 94

Global Shop

APRIL 20, 2022

We’ve also made significant improvements in scheduling and inventory management , and know the current status of sales orders, work orders, and jobs in progress at any given time.”. “It allows us to map and track work within the machine shop in real-time, enabling us to capture labor and job costing with greater accuracy.

Inventory Management 98

Inventory Management Planning Management Shopping 98

Retail Minded

NOVEMBER 8, 2022

University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. The big advantage to the ceiling camera method is that customers don’t have to individually scan their items, or even use a cart at all for a small purchase.

Checkout 97

Checkout Payment Services Inventory Management Grocer 97

Global Shop

AUGUST 29, 2023

Friday Features live webinars are open to all Global Shop Solutions customers at no cost. Each webinar covers a core feature of the software such as job costing, inventory management and scheduling as well as automations, integrations, customizations, and other features that improve shop floor efficiency. “I

Shopping 52

Shopping Inventory Management Returns Management 52

Rain Pros

APRIL 3, 2024

The primary cause of seasonal sales cycles for retail companies is inconsistent demand for goods and services at different times of the year. Update Your Inventory After identifying your retail business’ seasonal star products, stock up on enough goods to meet peak season demands.

Planning 52

Planning Promotions Management Marketing 52

Inside Retail

MARCH 21, 2024

Choco Up – a company that helps e-commerce brands grow and scale their business with fast, flexible and founder-friendly revenue-based financing – decided to look into consumer intentions and behaviours to find out what else drives purchasing decisions in today’s retail environment beyond price.

Consumer 130

Consumer Dead-Stock Finance Inventory Management 130

Retail Bound

MARCH 21, 2024

At first glance, each strategy may not seem novel or innovative, but must be considered as best practice and part of a thoughtful overarching strategy toward growth. Streamlined Supply Chain Management: Optimizing supply chain processes enhances operational efficiency and reduces costs.

Payment Services 52

Payment Services Wholesale Supply Chain Management Customer Retention 52

Global Shop

JANUARY 16, 2024

At Global Shop Solutions, we see many of our customers struggling with personnel shortages in finance. The CFO ensures the books are in order at the end of each month and devotes time to training financial employees on various processes. However, don’t overlook non-traditional ways to attract qualified people to manufacturing.

Planning 52

Planning Shopping Inventory Management Management 52

365 Retail

MAY 7, 2021

2020 was a year like no other, and the shockwaves caused by the pandemic have inherently altered consumer-facing operations at their very core. It is not just about recurring payments, but also integrating it at the backend to support them well. However, personalisation at the cost of privacy can cause more harm than good.

Merchant Services 96

Merchant Services Payment Services Returns Inventory Management 96

Inside Retail

MAY 5, 2024

This approach also provides a single view of operations, across all geographics and allows workflows to be standardised and, in many cases, automated to ensure consistency and efficiency at scale. About the author: Matthew Owens is director of sales and marketing at Annexa. You can catch the on-demand recording here.

Payment Services 147

Payment Services Inventory Management Finance Marketing 147

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. Some are the bargain-hungry customers at the beginning of the season who will naturally be drawn to the most attractive prices and discounts that resonate with them.

Markdowns 245

Markdowns Retailing Pricing Promotions Fulfillment 245

I Vend

NOVEMBER 7, 2023

Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform. Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail.

Inventory Management 95

Inventory Management Point of Sale Management Returns 95

Retail TouchPoints

AUGUST 4, 2023

Having more kiosks for customers to check in at also allows staff to be more flexible. Features such as inventory management and the ability to track sales allow operators to keep track of which items sell better than others. The inventory management features also help operators track any theft.

Payment Services 219

Payment Services Kiosk Marketing Shrinkage 219

Retalon

AUGUST 20, 2019

If you doubt the benefit of such a strategy, just consider the speed at which Amazon has started to acquire physical locations – over 500, including Wholefoods and book stores. – Inventory management. – Price management & optimization. – Merchandise, Assortment, and Store planning. – and more.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 20, 2019

If you doubt the benefit of such a strategy, just consider the speed at which Amazon has started to acquire physical locations – over 500, including Wholefoods and book stores. – Inventory management. – Price management & optimization. – Merchandise, Assortment, and Store planning. – and more.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 16, 2019

So, how can you juggle concerns like forecasting, inventory management, distribution, fulfillment, and more against the growing demand for personalization, all while continuing to create the consistent experience customers expect ? Introducing Predictive Analytics for Customer-Centric Retailing.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32