Inside Retail

NOVEMBER 27, 2023

AI-powered inventory management and demand forecasting Harnessing the power of artificial intelligence (AI) and machine learning (ML) has become an operational reality for retailer s, especially in the realm of inventory management and demand forecasting.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

Small Biz Trends

DECEMBER 6, 2022

We’ll look at some of the top POS solutions currently available for this article. It comes with its own card reader and offers additional features such as payroll, inventory management tools, sales data, and more. For retailers, Vend can process in-store transactions and includes multichannel inventory management.

Point of Sale 115

Point of Sale Payment Services Merchant Services Inventory Management 115

Retail TouchPoints

MAY 3, 2023

Sustainability is good for business, and architects and designers are critical advisors in retailers’ trajectories toward a more sustainable future through the design process of physical locations. Incorporating digital showrooms can support in-store inventory management and a more seamless omnichannel experience for customers as well.

Visual Merchandising 278

Visual Merchandising Consumer Inventory Management Customer Experience 278

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 285

Point of Sale Promotions Inventory Management Grocer 285

Retail Gazette

SEPTEMBER 29, 2023

Retailers would benefit from more technology to help improve inventory management processes, labour scheduling, and general store operations, and artificial intelligence (AI) could be deployed for each of those needs, as well as being used for trend spotting that can aid wider business planning.

Inventory Management 110

Inventory Management Management Store Operations Consumer 110

Retail TouchPoints

JULY 29, 2020

The Burton name is on 66 stores in 10. The company owns and operates 34 locations, both flagships or outlets, and the remainder are owned and operated by partners such as high-end resorts. Larocque has spent more than 20 years with Burton, becoming SVP Operations in 2010.

Planning 308

Planning Wholesale Customer Experience Store Operations 308

M19 Retail

OCTOBER 17, 2023

Alterra Mountain Company, a leading name in the world of year-round mountain destinations , is now live on Mi9 Platform at Stratton in Vermont, the first of several resorts. This initiative covers Merchandise Management, Store Operations, Sales Audit, Warehouse Management System (WMS), Point of Sale (POS), and Retail Analytics. .

Merchant Services 40

Merchant Services Point of Sale Inventory Management Checkout 40

Retail TouchPoints

NOVEMBER 18, 2021

Last year, COVID-19 lockdowns that restricted shopping at brick-and-mortar stores sent shoppers online. But this “new normal” requires retailers to have access to accurate inventory data — often across multiple channels, both in-store and online. Ashish Sahu is Head of Product and Solution Marketing at Redis.

Supply Chain Management 264

Supply Chain Management Fulfillment Shipping Inventory Management 264

Retail TouchPoints

FEBRUARY 24, 2021

Spanish fashion retailer Encuentro Moda is deploying a radio frequency identification solution across its 125 stores, both to meet omnichannel requirements and to gain visibility into the stock availability at each store and throughout the supply chain. D Cloud RFID inventory-management software.

Fulfillment 147

Fulfillment Point of Sale Fashion Fast Fashion 147

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. This is where planogram compliance comes into play.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

Inside Retail

SEPTEMBER 15, 2021

With the retail environment across Asia changing so fast, retailers and consumer-product manufacturers are facing difficulties in predicting shopper behaviour – more so at the shelves – hence missing the opportunity to maximise revenue potential. Traditional in-store shelf execution strategies are even less dependable, if not obsolete.

Inventory Management 130

Inventory Management Promotions Consumer Supermarket 130

Independent Retailer

SEPTEMBER 15, 2022

A whopping 31 percent, decided to purchase at another store — that means not only are you losing sales, but your competitor gets them instead. If you are running a grocery, convenience store , liquor shop, or something similar, you should think twice about waiting until tomorrow to reorder your best selling products.

Inventory Management 78

Inventory Management Grocer Store Operations Management 78

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. Customer retention is a critical element in creating a successful business, and as a retail store runner, you need to ensure that customers can make transactions as easy as possible.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. Customer retention is a critical element in creating a successful business, and as a retail store runner, you need to ensure that customers can make transactions as easy as possible.

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

I Vend

FEBRUARY 6, 2023

At the same time, we’re seeing increasing stock outs, with 80% * of shoppers saying they saw a decline in stock levels in 2022. This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience.

Inventory Management 92

Inventory Management Management Shrinkage Returns 92

Retail TouchPoints

JULY 28, 2020

There are new and innovative ways to marry personal computing devices, gesture recognition technology, merchandising creativity and inventory management to create a new world of retail that’s an inviting, engaging and safe space for thriving retail commerce — as well as the sometimes-elusive emotional connection between shoppers and brands.

Inventory Management 223

Inventory Management Fulfillment Payment Services Consumer 223

Retalon

SEPTEMBER 22, 2021

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. What is BOPIS?

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Theatro

APRIL 5, 2023

Sunshine Ace Hardware Leverages Theatro to Digitally Connect Frontline Workforce Sunshine Ace Hardware, situated in nine locations along the western edge of the Southwest Florida coast, prides itself on being more than a hardware store. Communication could no longer be fragmented, sporadic or complicated.

Employee Engagement 52

Employee Engagement Management Location Accounting 52

Theatro

SEPTEMBER 29, 2021

These predictions, while good for revenue, pose some threats for retailers as sud den spikes in demand can intensify problems from different purchasing demands, the labor shortage or inventory management. Over 70% of retailers now offer either a curbside pickup or a BOPIS option, nearly a 20% rise from 2019.

Shopping 52

Shopping Inventory Management Location Store Operations 52

Retail TouchPoints

DECEMBER 25, 2023

in its fiscal year 2023 (ending in September) versus 2022…which may come as no surprise to you at all if you’ve been in a Costco on a Saturday lately. Better inventory management means better business operations, period. Delivering Exceptional Customer Experiences Collect and use your in-store data.

Customer Experience 274

Customer Experience Dead-Stock Store Layout Point of Sale 274

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. Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days.

Markdowns 278

Markdowns Retailing Pricing Promotions Fulfillment 278

Retail TouchPoints

OCTOBER 3, 2023

It was at that point that putting the technology and operations in place to fulfill from an increasingly complex supply chain network embarked upon its next frontier. Let’s start with demand forecasting and inventory deployment. By my recollection, the world of flexible fulfillment hit an inflection point about 15 years ago.

Fulfillment 283

Fulfillment Drop-Shipping Markdowns Shipping 283

Retail TouchPoints

JULY 15, 2022

Over a four-week period, Build-A-Bear turned its store locations into micro-fulfillment centers so it could maintain store operations, keep associates working and create a bright spot for consumers navigating uncertainty and stress. We love the feedback that says ‘Hey, I was able to do this.

Fulfillment 306

Fulfillment Shipping Inventory Management Location 306

Retail Next

NOVEMBER 14, 2019

1 – Choose the perfect store location. The three rules of real estate are: “location, location, location,” and they most certainly apply to retail. You may zoom in on the perfect location but you must factor in rents, staff salaries and overheads. You need footfall as well as visibility.

Checkout 52

Checkout Location Fulfillment Management 52

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 6, 2022

It is a platform that focuses on integrating all of an organization’s systems into a single framework that employees can use for various functions and at multiple levels. What are the benefits of an integrated retail management system? What are the benefits of an integrated retail management system?

Management 95

Management Promotions Point of Sale Checkout 95

Retail TouchPoints

NOVEMBER 19, 2021

A consumer may visit a retailer to examine an item before ordering at home or research the item online before heading to a store. In a world where inventory management and store performance goals are critical, the ability to easily see, work with and take advantage of that data has never been more vital.

Fulfillment 304

Fulfillment Jewelry Inventory Management Consumer 304

RETAIL MANAGEMENT SOFTWARE

OCTOBER 3, 2022

Real-time product assortments and pricing are more likely to be automated, optimizing effort, time, and management of price updates. Optimize Inventory Management. This saves your team the time and effort of manually researching competitor prices, at the end of which marketing and repricing strategies are no longer necessary.

Customer Retention 85

Customer Retention Inventory Management Customer Experience Kiosk 85