Retail TouchPoints

NOVEMBER 30, 2023

Party City has launched a new digital party-planning marketplace, aptly called Party+ Marketplace , that brings together local vendors and service providers with the retailers’ range of party supplies. Suppliers and service providers will work with customers directly through the Party+ platform.

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DMS Retail

OCTOBER 1, 2021

In this new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Assortment Planning. What is Assortment Planning?,

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Inventory Management Management Space Planning Planning 59

DMS Retail

AUGUST 5, 2021

In this brand new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Assortment Planning. What is Assortment Planning?,

Inventory Management 59

Inventory Management Management Space Planning Planning 59

Retail TouchPoints

JULY 13, 2020

Inventory management starts — and only starts — with a warehouse management system (WMS). In practice, most out-of-box WMSs are not capable of managing the volume and complexity of workloads required in today’s retail environment. Managers need real-time data to fully safeguard the warehouse. Theoretically.

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Inventory Management Management Promotions Customer Experience 150

Retail TouchPoints

MARCH 17, 2023

Mattress retail conglomerate Serta Simmons Bedding (SSB) — the owner of brands including Serta , Simmons , Beautyrest and Tuft & Needle — is working to transform its supply chain planning capabilities through a new partnership with Blue Yonder.

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Planning Inventory Management Management ATS 230

Retail Smart Guys

OCTOBER 18, 2022

Every retailer aims to have solid inventory planning. Finding the right balance is possible with an open-to-buy plan (OTB). billion due to inventory imbalance. Hence, it is vital to deal with inventory management dilemmas by utilizing an open-to-buy plan to keep a positive business cash flow.

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Inventory Management Management Planning Location 52

Retalon

AUGUST 14, 2023

Does your retail business struggle with outdated inventory systems and cumbersome spreadsheets? Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way.

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Inventory Management Management Dead-Stock Inventory Turnover 41

Retail TouchPoints

APRIL 25, 2024

Mall operator Simon revealed big plans to expand its Woodbury Common Premium Outlet center in Fall 2023, including the addition of 155,000 square feet of retail stores and restaurants, a 200 -key luxury hotel, a second parking facility and upgraded amenities. powered AI technology to assist shoppers during the 2023 holiday season.

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Inventory Management Customer Experience Fulfillment Shopping 227

Retail TouchPoints

JANUARY 15, 2024

Artificial intelligence dominated headlines and water cooler conversations in 2023, and 2024 is looking to be no different (if the conversations and showcases at CES and NRF’s Big Show are any indication). But many of these tasks may just represent the low-hanging AI fruit.

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Loss Prevention Planning Customer Experience Inventory Management 309

Retail TouchPoints

OCTOBER 25, 2023

Part of that transformation has included the implementation of supply chain solution TradeBeyond , which is helping Party City improve efficiencies across inventory management , end-to-end merchandising and vendor compliance. Party City plans to roll out additional capabilities over the coming months. “

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Inventory Management Management Planning ATS 253

Retail TouchPoints

DECEMBER 28, 2022

Hence the undeniable need for robust warehouse management technologies that are future-focused and effortlessly scalable. According to recent research, the global warehouse automation market is estimated to grow at a CAGR of 14%, reaching $30 billion by 2026. Automation Increases Warehouse Productivity and Accuracy.

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Management Fulfillment Drop-Shipping Employee Engagement 275

Retail TouchPoints

FEBRUARY 15, 2024

“We are excited about the partnership with Parker Avery as their approach perfectly aligns with our business strategy,” said Joel Carbaugh, Senior Director of Pricing and Business Analytics at Party City in a statement. Party City officially emerged from bankruptcy in October 2023 with most of its 800 -store fleet intact.

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Inventory Management Planning Management ATS 256

Retail TouchPoints

JANUARY 30, 2023

As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.” “The 100-year-old grocery business is not immune to disruption,” said Matt Christensen, CEO and Managing Partner at Rose Park Advisors in a statement.

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Grocer Planning Supermarket Inventory Management 312

Retail TouchPoints

JUNE 10, 2022

Dollar General already has self-checkout kiosks in 8,000 of its 18,000 stores and plans to increase that number to 11,000 by the end of this year. Now, Owens said the company also plans to begin testing a 100% self-checkout store format across 200 locations this year.

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Checkout Location Kiosk ATS 279

Retail TouchPoints

JANUARY 11, 2022

The company offers 30-minute delivery and 5-minute pickup at all 16 current brick-and-mortar locations, which are located in the Chicago, Dallas and Washington, D.C. The retailer also is expanding its selection of private label goods, with 200 new SKUs set to launch over the next year.

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Planning Inventory Management Location Marketing 257

Retail Focus

NOVEMBER 28, 2022

Having found out that “traditional” management tools have become less relevant, brands were forced to rethink their processes to survive, stay relevant and true to their audiences. . Senior retail consultant at Univers Retail | Published author | Visiting lecturer. Ghalia BOUSTANI, PhD. Acknowledging the power of technology .

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Customer Experience Management Payment Services Clienteling 246

Retail TouchPoints

MARCH 16, 2023

The retailer plans to utilize the AI-powered solution to provide greater visibility into club conditions and drive deeper business insights. We are excited to collaborate with Simbe to bring their industry-leading technology and platform to our clubs,” said Jeff Desroches, EVP, Chief Operations Officer at BJ’s Wholesale Club in a statement.

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Wholesale Location ATS Inventory Management 274

Retail TouchPoints

SEPTEMBER 1, 2023

New inventory management systems, among other tools, will support more accurate decision-making and efficiency, so the retailer can cater to customers’ unique needs. It’s all about getting the right product to the right customers at the right time,” Rosen said. Merchandising and supply chain optimization.

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Planning Merchant Services Inventory Management Consumer 229

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. In manufacturing, product substitution can be a valuable tool for optimizing inventory management.

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Customer Experience Inventory Management Fulfillment Inventory Turnover 253

Retail TouchPoints

NOVEMBER 30, 2022

The solution sets up a unified supply chain data lake using AWS Supply Chain’s built-in connectors, which use pre-trained machine learning models to understand, extract and aggregate data from ERP and supply chain management systems. AWS Supply Chain’s visual map then made it easy to see product-level inventory movement in real time.

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Supply Chain Management Inventory Management Location Management 262

365 Retail

FEBRUARY 15, 2024

Retail success hinges significantly on the seamless operation of warehouses, where every detail from inventory management to order fulfilment directly influences customer satisfaction and bottom-line results.

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Management Inventory Management Fulfillment Customer Experience 52

Retail TouchPoints

JANUARY 25, 2022

In the retail industry, many organizations are at a pivotal moment of forging a path forward to define the future-state customer experience where the physical and digital converge. 4) Think Big: Improve supply chain and inventory management. This inconvenience was arguably worse than not offering the service at all.

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Management Marketing Customer Experience Inventory Management 260

Inside Retail

FEBRUARY 8, 2024

per cent at the end of FY23. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan.

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Department Stores Inventory Management Planning Returns 264

Inside Retail

FEBRUARY 25, 2024

Among consumer and retail sector respondents, 66 per cent said their organisations were most likely to apply generative AI in analysing customer data and creating personalised recommendations; 64 per cent will use it for trend analysis/predictive analysis for inventory management; and 40 per cent envision it helping them set competitive prices.

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Inventory Management Management Consumer Planning 246

Retail Minded

OCTOBER 2, 2023

Effectively managing a retail supply chain is essential for meeting customer demands and maintaining a competitive edge in the market. UPS utilizes route optimization software to plan the most efficient delivery routes, reducing fuel consumption and delivery times.

Supply Chain Management 52

Supply Chain Management Management Inventory Management Outdoor 52

Retail TouchPoints

JANUARY 13, 2023

Lululemon is in the process of rolling out a cloud-based RFID inventory management solution to its 600+ stores globally that will help the retailer optimize its in-store product assortments. Having a fully mobile cloud solution in our stores greatly contributes to this experience.

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Inventory Management Fulfillment Planning Management 271

Retail TouchPoints

JULY 29, 2020

With a new retail management solution in place, Burton will now be able to: Deploy mobile POS (mPOS) devices in its stores; Provide store associates with improved visibility into customer, product and inventory data ; and Gain a unified view of its e-Commerce and brick-and-mortar operations at both the store and headquarters levels.

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Planning Wholesale Customer Experience Store Operations 276

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. Fours levers to grow revenue.

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Planning Inventory Management Outdoor Finance 246

Bindo

JULY 18, 2017

TOP 6 INVENTORY MANAGEMENT TIPS THAT GIVE AMAZING RESULTS. Inventory management is all about getting the balance right; making sure you offer the right selection of products and services to the right customers while committing minimized cash and costs. The need for cycle counting is integral in order to manage inventory.

Inventory Management 40

Inventory Management Management Planning Shipping 40

Retail TouchPoints

FEBRUARY 17, 2021

Standard Cognition has a raised $150 million in a Series C funding round led by SoftBank Vision Fund 2, with participation from existing investors CRV, EQT Ventures and TI Platform Management and new investors including SK Networks. and Toronto, Canada.

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Checkout Planning Inventory Management Management 147

Inside Retail

NOVEMBER 6, 2023

If tasks aren’t completed on time in a prioritised, efficient manner, omnichannel services can run late, customers receive lacklustre service, and employees can become frustrated at their inability to effectively complete their work. Zebra’s Workcloud is split into three solutions, (each formerly branded Reflexis).

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Inventory Management Promotions Management Shipping 299

Retail TouchPoints

AUGUST 12, 2022

Weis Markets will streamline operations at its 198 stores through a partnership with Invafresh. The fresh grocery platform will assist with demand forecasting, in-store production planning, food traceability, recipe management and cut test management across all fresh departments.

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Store Operations Marketing Inventory Management Grocer 194

Retail TouchPoints

MARCH 15, 2024

It can constantly and immediately change the way it is arranged to beat other shelves at capturing the customer’s attention. What you are optimizing are essentially two things: How the users find your products What they see when looking at them. While customers come to browse the physical shelf, your digital shelf goes to the customer.

Inventory Management 249

Inventory Management Telecommunications Location Marketing 249

Bindo

APRIL 13, 2017

Why Is Inventory Management Important. Inventory management remains the cornerstone of successful retail. Experienced retailers understand the importance of metrics taken from inventory management. Inventory management helps take the guesswork out and place retail products in the store correctly.

Inventory Management 40

Inventory Management Management Location Promotions 40

Retail TouchPoints

JULY 12, 2023

Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics. At the top of the list is computer vision — a field of artificial intelligence that enables computers to interpret digital images or video.

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Payment Services Inventory Management Checkout Loss Prevention 229

Retail TouchPoints

JANUARY 24, 2024

Here we’ll take a look at these trending technologies and how they will shape B2B businesses’ ability to deliver a frictionless experience with their digitally native buyers. These AI applications range from optimizing pricing and inventory management to fraud prevention.

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Social Commerce Inventory Management Customer Experience Payment Services 240

Retail TouchPoints

JUNE 29, 2021

DTC retailer Faherty Brand is implementing the NewStore Omnichannel Platform to unify its digital and physical retail operations as the company plans to expand its brick-and-mortar footprint across the U.S. Our brand is a true labor of love,” said Alex Faherty, Co-founder and CEO of Faherty Brand in a statement. “Our

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Clienteling Inventory Management Checkout Fulfillment 162