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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Retail TouchPoints

FEBRUARY 22, 2021

Macellum Advisors GP , Ancora Holdings , Legion Partners Asset Management and 4010 Capital, together with their respective affiliates, are pushing the plan. Some of the complaints included: “Poor retail execution and strategy leading to stagnant sales and declining operating margins.”

Inventory Management 184

Inventory Management ATS Management Planning 184

Retail TouchPoints

AUGUST 14, 2023

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. Traditional grocery stores are still highly operational, and many customers are attached to the traditional grocery experience.

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Payment Services Checkout Inventory Management Grocer 220

Retail TouchPoints

FEBRUARY 10, 2022

Over the course of her 30-year career, The Vitamin Shoppe CEO has held leadership roles at Godiva , Sally Beauty , Pier 1 , Bath & Body Works , Gap and The Disney Store. It’s been a while since she’s been on the front lines though — not since the late ‘80s to be exact, when she was a manager at Express.

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Inventory Management Beauty and Health Management Planning 311

365 Retail

FEBRUARY 23, 2023

Zebra Technologies Corporation , an innovator at the front line of business with solutions and partners that deliver a performance edge, will put retail data insights and The Modern Store by Zebra framework centre stage at EuroShop , booth A79/Hall 6, Dusseldorf, Germany from 26 February – 2 March.

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Payment Services Checkout ATS Inventory Management 52

Retail TouchPoints

MAY 14, 2021

She will be responsible for accelerating the company’s merchandising plans in categories including bed, bath, seasonal, décor, kitchen, dining, organization, electrics and general merchandise as part of its three-year transformation strategy.

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Inventory Management Planning Management Marketing 164

Retail TouchPoints

FEBRUARY 27, 2024

This article delves into the evolving threat landscape, examining the impact of these disruptions on retail operations and exploring proactive measures for safeguarding businesses, customer data and reputations. Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks.

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Payment Services Wholesale Store Layout Inventory Management 262

Retail TouchPoints

AUGUST 11, 2020

Circle K will pilot a touchless autonomous checkout solution in one of its Phoenix locations and plans to add the technology to other store locations. In the pilot store, shoppers can pay via a smartphone app for a completely touchless experience, or pay with cash or a card at a kiosk or traditional POS station.

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Checkout Store Layout Payment Services Kiosk 222

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.

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Inventory Management Management Store Operations Consumer 107

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 can be done by store employees or third-party auditing firms.

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Store Layout Promotions Customer Experience Inventory Management 145

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.

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Merchant Services Payment Services Inventory Management Planning 98

Retail TouchPoints

NOVEMBER 18, 2021

Last year, COVID-19 lockdowns that restricted shopping at brick-and-mortar stores sent shoppers online. Furthermore, a global supply chain crisis and labor shortages are likely to limit the ability to keep stores stocked throughout the fall holiday shopping season and spur increased consumer demand.

Supply Chain Management 250

Supply Chain Management Fulfillment Shipping Inventory Management 250

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.

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Inventory Management Promotions Consumer Supermarket 130

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.

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Merchant Services Payment Services Inventory Management Planning 92

M19 Retail

JUNE 8, 2023

Mi9 Retail resolves the market need for a merchandise management system that caters to the unique requirements of retailers dealing with high SKU volumes, complex products, and inventory management challenges. We must relentlessly innovate and deliver value to our market while excelling our customer service.”

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Point of Sale Inventory Management Management Store Operations 40

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.

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Fulfillment Point of Sale Fashion Fast Fashion 147

Retalon

SEPTEMBER 22, 2021

Adopting BOPIS can be challenging so we’ll explain how you can successfully merge your online and physical store operations. BOPIS, meaning Buy Online, Pickup In-Store, is an order fulfillment option that helps retailers connect their e-commerce channels with their brick-and-mortar storefronts. What is BOPIS?

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Fulfillment Payment Services Inventory Management Shipping 41

Retail TouchPoints

JANUARY 18, 2022

Sheetz , a convenience store chain with 630 stores across six states, has chosen the RELEX Solutions unified retail planning solution. The retailer will use the technology to help position it for store and supply chain growth as well as dynamic marketing opportunities.

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Planning Inventory Management Accounting Promotions 215

Theatro

APRIL 5, 2023

In both cases, Sunshine Ace Hardware lacked the necessary technology to set up a fully connected workforce and eliminate the communication gaps that were negatively impacting employee engagement, productivity, responsiveness, and store operating efficiencies.

Employee Engagement 52

Employee Engagement Management Location Accounting 52

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

In an industry where traditional store-based retailing is still predominant, manufacturers are coping with the changing dynamics of consumer behaviors, business models; and automation. The store experience is a big part of REI’s success. In 2022 consumers expect to see the option at checkout rather than find delight in it.

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Retail Trends Consumer Payment Services Fulfillment 94

Retail TouchPoints

NOVEMBER 20, 2023

This approach to in-store product placement allows employees to easily monitor popular items and acknowledge customers in areas where they are displayed. Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management. Set safe web browsing rules.

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Payment Services Sporting Goods Inventory Management Loss Prevention 312

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.

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Markdowns Retailing Pricing Promotions Fulfillment 269

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. Prior to the advent of the omni shopper, most retail businesses operated two fully siloed channels. Let’s start with demand forecasting and inventory deployment.

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Fulfillment Drop-Shipping Markdowns Shipping 256

Retail TouchPoints

SEPTEMBER 22, 2022

This year is all about margin and profitability,” said Rob Garf, VP and GM, Retail at Salesforce in an interview with Retail TouchPoints. “ KPMG has forecast holiday retail growth at a solid but notably more modest 4.2% Retailers are planning to cut back in one area: marketing. as an outlier.

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Promotions Fulfillment Inventory Management Drop-Shipping 242

Retail TouchPoints

FEBRUARY 12, 2021

RFID is also being extended for item-level identification as part of future-forward innovation plans, such as the adoption of blockchain for increased transparency. Retail companies committed to improving the customer experience have realized they need to stop relying on inventory buffers to ensure items are in stock when they need them.

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Fulfillment Markdowns Inventory Management Customer Experience 254

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?

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Management Promotions Point of Sale Checkout 95

Retail TouchPoints

NOVEMBER 19, 2021

With a crowded market of both physical and online retailers, many brick-and-mortar retailers have confirmed their plans to close, but that’s the natural order of the industry. A consumer may visit a retailer to examine an item before ordering at home or research the item online before heading to a store.

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Fulfillment Jewelry Inventory Management Consumer 288