Retail TouchPoints

AUGUST 30, 2021

At its peak, the company achieved more than $4 billion in annual sales. Current catalogs were placed on stands in strategic locations throughout the store to allow customers to shop for the items not on display. ” A couple of locations even tested out a drive-through experience. Gabe Grifoni is CEO of Rufus Labs.

Payment Services 276

Payment Services Shopping Jewelry Shrinkage 276

Retail TouchPoints

MAY 6, 2021

More than one-third of retailers say they are now heavily investing in flexible commerce platforms, where they might use their brick-and-mortar locations as fast-delivery warehouses in competition with the likes of Amazon, IDC says. But many retailers are seeing opportunities in using those locations as micro-fulfillment centers.

Fulfillment 343

Fulfillment Shrinkage Department Stores Returns 343

Retail TouchPoints

OCTOBER 25, 2021

Thanks to vastly reduced latency and increased speeds, it allows significantly more devices to access the internet at the same time. In addition, if the shopper is not ready to buy everything, they can send the data to their mobile phone to easily purchase it at a later date. Technology Snapshot.

Payment Services 316

Payment Services Shrinkage Accessories Consumer 316

Wiser

JUNE 23, 2020

In this article, we’ll look at what quick service restaurants can do to grow their businesses while staying true to what consumers have always loved about them. Maintain Consistency Across Locations. Doing it hundreds, if not thousands, of times every day across your locations is even better.

Payment Services 78

Payment Services Shrinkage Location Marketing 78

Retail TouchPoints

JUNE 15, 2022

The chatter of the store “being dead” is evolving from belief that the physical store is fading amid the shift to digital, to seeing that it’s the role of the store that is changing — and a vital one at that. To curb shrinkage, self-pay via an app is used to let shoppers and guests purchase items themselves.

Payment Services 263

Payment Services Checkout Shrinkage Fast Fashion 263

Wiser

APRIL 23, 2019

Shrinkage – Shrinkage occurs when a product is lost due to employee theft, shoplifting, or another unknown reason. . Receiving errors – Errors can happen as merchandise is received and processed at the back of the store. . Smartphone-enabled shoppers can be leveraged to audit retail locations on your behalf.

Shrinkage 100

Shrinkage Inventory Management Location Fulfillment 100

365 Retail

OCTOBER 12, 2023

Don’t Blame Shrinkage: Why Poor Digital Strategy Might Be Responsible for Retail Uncertainty While retail is a cyclical industry, it’s important to be honest about transformations, negative and positive, in the industry. Imagine an employee at an outdoor store, Tina. Certainly, these elements make an impact.

Shrinkage 113

Shrinkage Clienteling Outdoor Consumer 113

Retail TouchPoints

NOVEMBER 23, 2022

A worldwide pandemic kept shoppers hunkered down at home and out of malls and stores for two years. The expected bounce-back has, at best, developed slowly. Many more products and services have become available at varying price points. Retail has suffered a string of setbacks in recent years.

Merchant Services 287

Merchant Services Shrinkage Store Layout Customer Experience 287

Retail Times

MARCH 30, 2021

Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place. Perhaps you need to reschedule shipments to make sure that deliveries don’t happen all at once, or maybe you need to assign someone to double check the packing slips. Dealing with theft? Further Reading.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98

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. They help retailers ensure they have the right goods in the right place at the right time, improving store performance and enhancing customer experience. Inter-store transfers Support for click and collect.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98