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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

While COVID-19 slowed the world down to a standstill, it greatly accelerated the growth of online shopping. Today’s customers have high expectations, so any retailer must ensure customers have the best possible experience when shopping with them. In particular, lockdowns pushed demand for online groceries into new territory.

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Zalora exec talks immersive retail and personalised customer journeys

Inside Retail

As the year-end shopping season kicks off, Zalora , one of Asia’s leading online fashion retailers, and part of Global Fashion Group (GFG), is ramping up its marketing to capture consumers’ attention. As more customers added these items to their shopping carts, their prices dropped daily.

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Survival guide: The keys to resilience and success in tough times

Inside Retail

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. It’s also important to leverage existing technology and integrate online and offline retail, to create a cohesive shopping experience no matter how your customers choose to shop.

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Miniso’s “good quality with low price” mantra takes off in Southeast Asia

Inside Retail

The 684.6sqm retail space is located in Setia City Mall, one of the largest shopping complexes in Shah Alam. the new store concept, is being touted as a family-friendly shopping experience, featuring a new toy section, with licensed products from well-known brands and Miniso’s own mini family collection. “The Miniso 3.0,

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How is AI Reshaping the Retail Industry

Retail Gazette

Keep reading to explore how AI is reshaping the retail landscape and revolutionising the shopping experience. Personalised Shopping Experiences One of the most significant impacts of AI in retail is the ability to deliver personalised shopping experiences to customers.

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Product Substitution: How Savvy Retailers and Manufacturers can Build Supply Chain Resiliency, Reduce Costs and Improve Customer Experiences

Retail TouchPoints

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. For situations in which customers are purchasing a low-end product option to the point of inventory depletion, retailers can substitute an upgrade to the premium option.

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How China’s Missfresh Makes Rapid Grocery Delivery Pay

Retail TouchPoints

The profit margin at grocery has always been razor-thin, and now, with online grocery growing in popularity, retailers must add the costs of picking individual orders and doorstep delivery to their already tight balance sheets. In China small local shops, known as “neighborhood retail,” are big business, generating 1.3 yuan ( $13.89 ).

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