Wiser

APRIL 10, 2023

These are all examples of an optimized assortment plan. Also referred to as a “product assortment strategy,” retail assortment strategies have to do with the number and type of products that stores offer to customers. Shoppers want to be able to trust that they can find all their favorite products at your store every time.

Dead-Stock 145

Dead-Stock Store Layout Visual Merchandising Planning 145

Inside Retail

OCTOBER 10, 2023

On the ground, I can report that there are challenges facing UK and European retailers that savvy Australian retailers can learn from to plan ahead. It’s interesting to see both Waitrose and M&S running campaigns you’d never have seen in the past, with price promises, price matching and price-down promotions.

Supermarket 130

Supermarket Store Layout Checkout Advertising 130

RETAIL MANAGEMENT SOFTWARE

DECEMBER 4, 2023

From festive window decorations to well-organized in-store layouts, retailers aim to create an immersive and inviting atmosphere that captures the attention of shoppers. Strategic Discounts and Promotions: Shoppers are on the lookout for the best deals during the holidays, and retailers know this.

Store Layout 83

Store Layout Shipping Promotions Consumer 83

Retail TouchPoints

OCTOBER 27, 2021

Top-line findings from a recent Sensormatic survey reveal that while in-store shopping is expected to rise through the holiday season, what consumers are looking for while they’re there is for retailers to provide insight into product availability and alternative fulfillment offerings.

Consumer 262

Consumer Loss Prevention Fulfillment Store Layout 262

Retail TouchPoints

JANUARY 25, 2023

Forrester and Shopify found that more than half (54.5%) of holiday 2022 shoppers planned to visit brick-and-mortar stores for this reason. A positive experience in the store can lead to a purchase during the visit or online after the visit, while an underwhelming experience represents a missed opportunity.

Store Layout 226

Store Layout Sporting Goods Consumer Location 226

CJ Retail Solutions

DECEMBER 11, 2023

Importance of retail store installation and design 1.2 Maximising layout for optimal traffic flow 3.2 Rotating merchandise to keep the store fresh and interesting Technology Integration 6.1 Incorporating digital signage for promotions 6.2 Involving employees in the design and layout decisions 9.3

Inventory Management 52

Inventory Management Point of Sale Store Layout Customer Experience 52

Wiser

APRIL 26, 2022

The promoting and selling strategies that retailers use to increase sales, boost profits, draw in new customers, improve customer experiences, and shape brand image are all part of merchandising. Visual merchandising strategies like marketing displays in-store or online can draw in customers and increase foot-traffic.

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

365 Retail

NOVEMBER 1, 2023

First impressions count , and a meticulously planned exterior can speak volumes about the quality and ethos of your retail business. The sight lines of your store also merit serious consideration. A clutter-free, spacious entryway can set a welcoming tone, making it the ideal space for displaying popular items or seasonal promotions.

Store Layout 97

Store Layout Promotions Customer Experience Shopping 97

Wiser

DECEMBER 5, 2023

By offering a product at a loss, retailers draw traffic to their stores or websites. Customers enticed by the low-priced item often end up purchasing other items at regular prices, driving up profits. Unsurprisingly, there are a number of pros and cons to selling products at a loss.

Store Layout 78

Store Layout Customer Retention Consumer Marketing 78

365 Retail

SEPTEMBER 17, 2023

From implementing an advanced Point of Sale (POS) system that integrates seamlessly with your inventory management, to employing AI technology for personalised marketing, the digital tools at your disposal are diverse. By understanding peak shopping times, you can adjust staffing levels accordingly.

Management 52

Management Inventory Management Store Layout Employee Engagement 52

DMS Retail

OCTOBER 1, 2021

This module looks at the steps and the process of sourcing as well as the vendor analysis aspect of this work. Introduction to Negotiation, Negotiation Process, Planning, Targets & Aspirations, Common Mistakes in Negotiations). The crux of category management is category design or, as sometimes called, the category plan.

Inventory Management 59

Inventory Management Management Space Planning Planning 59

DMS Retail

AUGUST 5, 2021

This module looks at the steps and the process of sourcing as well as the vendor analysis aspect of this work. Introduction to Negotiation, Negotiation Process, Planning, Targets & Aspirations, Common Mistakes in Negotiations). The crux of category management is category design or, as sometimes called, the category plan.

Inventory Management 59

Inventory Management Management Space Planning Planning 59

V Count

APRIL 12, 2023

Duty-free shop managers can use the information they gain through visitor analytics to make data-driven decisions and improve store layout, product placement, staffing levels, and launch more effective marketing strategies. Optimizing Staffing and Inventory How much workforce you may need at any given time depends on several factors.

Store Layout 52

Store Layout Customer Experience Promotions Shopping 52

Wiser

DECEMBER 8, 2020

Category resets have some overlap with assortment planning , which is determining the best products and quantities to meet consumer demand. That means rearranging the category to promote the new product. In this section, we’ll look at some things every retailer should keep in mind as they prepare for a category reset.

Cross Merchandising 88

Cross Merchandising Visual Merchandising Store Layout Apparel 88

V Count

APRIL 12, 2023

Duty-free shop managers can use the information they gain through visitor analytics to make data-driven decisions and improve store layout, product placement, staffing levels, and launch more effective marketing strategies. Optimizing Staffing and Inventory How much workforce you may need at any given time depends on several factors.

Store Layout 52

Store Layout Customer Experience Promotions Shopping 52

V Count

MARCH 6, 2024

Attracting customers to your physical store and persuading them to purchase your products is a complex and multifaceted task that requires careful consideration and strategic planning. One effective approach could be to offer exclusive promotions or significant discounts specifically tailored for purchases made in-store.

Shopping 52

Shopping Advertising Checkout Store Layout 52

V Count

MARCH 6, 2024

Attracting customers to your physical store and persuading them to purchase your products is a complex and multifaceted task that requires careful consideration and strategic planning. One effective approach could be to offer exclusive promotions or significant discounts specifically tailored for purchases made in-store.

Shopping 52

Shopping Advertising Checkout Store Layout 52

Inside Retail

MAY 31, 2023

Some of them are tried and true, such as store layout and design, customer service and convenience. Store layout and design Store layout and design are basic, yet essential factors in creating the initial impression and introduction to the store. A look at July’s interiors.

Store Layout 334

Store Layout Promotions Customer Experience Marketing 334

V Count

JANUARY 7, 2022

This ensures you have the right number of staff members at the right times, reducing abandonment rates and improving customer satisfaction. Does your store layout allow for a smooth customer journey? Retail stores have been one of the first industries to roll out detailed safety plans in the post-covid era.

Shopping 52

Shopping Checkout Store Layout Management 52

Wiser

SEPTEMBER 17, 2019

Will a promotion here eat into sales or lift them up? It’s normal to be a bit nervous about a change inside your stores. Before diving into the metrics, it helps to look at why it’s beneficial for your business to monitor how consumers act. Then, you can take your loyalty data and customize your in-store experience.

Consumer 98

Consumer Store Layout Promotions Checkout 98

365 Retail

DECEMBER 12, 2023

At Deutsche Bank Park, fans can buy their products in just a few seconds, simply by walking by [4]. At  At the heart of the new store concept is “payfree Grab & Go” technology powered by RFID capabilities. It speeds up the checkout process, significantly increases traffic, and offers fans a seamless shopping experience.

Payment Services 58

Payment Services Checkout Store Layout Inventory Management 58

V Count

MARCH 25, 2021

With V-Count’s Business Intelligence Platform , store managers, regional managers, and operations managers can dive into traffic data to evaluate dwell times and conversion rates for each store and make informed decisions related to staffing, merchandising, and store layout accordingly.

ATV 52

ATV Store Layout Store Operations Shopping 52

V Count

DECEMBER 3, 2021

In addition to the winter holidays, here are additional high-traffic holiday periods to plan for in retail: . Understanding your retail trends regarding your most sold products during peak seasons and holidays allows you to optimize the store layout and storage accordingly. Create an Omnichannel Experience Online & In-Store.

Store Layout 52

Store Layout Sporting Goods Shopping Retail Trends 52

CJ Retail Solutions

JUNE 8, 2021

When was the last time you went into a shop where there was no merchandising at all? Even the big tradespeople’s warehouse stores are full of it, when these are probably the savviest customers going – they know exactly what they’re there for, and are unlikely to be swayed by a promotional display. The best laid planograms.

Store Layout 52

Store Layout Department Stores Advertising Promotions 52

V Count

MAY 5, 2021

Sales per employee Measuring sales per employee is a valuable metric to consider when planning your staff’s schedules and initiatives. This metric can be used when planning your store layout. Choosing the right techniques to enhance sales per sqm differs from store to store. Enhance product assortment.

Net Profit 52

Net Profit ATV Customer Retention Store Layout 52

Wiser

MAY 11, 2018

On the other end of the spectrum, your most loyal customers have a treasure trove of opinions about your store layouts, ideas for overall improvement, and more. Function: Uncover compliance issues before they impact sales by monitoring promotional displays, end caps, floor stands, and more. Improve Shelf Health .

Store Layout 60

Store Layout Promotions Target Market Location 60

Independent Retailer

JULY 12, 2022

Visual merchandising plays a pivotal role in converting sales at the store level. However, there should be a lot of thought and purposeful planning that goes into designing everything from the store layout and signage to the proper lighting and product arrangements.

Visual Merchandising 86

Visual Merchandising Store Layout Accessories Advertising 86

V Count

FEBRUARY 26, 2024

At the core of maximizing your sales and improving your store’s conversion rate lies continuous monitoring and analysis of your retail performance metrics. If you can directly address their needs and wants, you can personalize the customer experience at your establishment and improve the overall visitor experience.

Visual Merchandising 52

Visual Merchandising Target Market Management Promotions 52

V Count

FEBRUARY 26, 2024

At the core of maximizing your sales and improving your store’s conversion rate lies continuous monitoring and analysis of your retail performance metrics. If you can directly address their needs and wants, you can personalize the customer experience at your establishment and improve the overall visitor experience.

Visual Merchandising 52

Visual Merchandising Target Market Management Promotions 52

Independent Retailer

JULY 12, 2022

Visual merchandising plays a pivotal role in converting sales at the store level. However, there should be a lot of thought and purposeful planning that goes into designing everything from the store layout and signage to the proper lighting and product arrangements.

Visual Merchandising 75

Visual Merchandising Store Layout Accessories Advertising 75

Mass Relators

JANUARY 20, 2023

Todd Vasos began an exciting new leadership chapter at Dollar General Corp. MMR is proud to honor Vasos with a Lifetime Achievement Award in recognition of his successful and impactful career, including accomplishments achieved during his CEO tenure at Dollar General. In 2001, Vasos joined Longs Drug Stores Corp.

Beauty and Health 52

Beauty and Health Store Layout Merchant Services Advertising 52

V Count

OCTOBER 28, 2022

It’s nearly impossible to dive into the personal level when cooking up business growth plans but data usually speaks the truth, provided you have the right technology and solutions to add meaning to it. They usually know what they want to buy in advance, arrive at the store, pick up the product they want, proceed to checkout, pay, and leave.

Target Market 52

Target Market Store Layout Advertising Shopping 52

V Count

FEBRUARY 9, 2024

a new build-to-order paradigm,” say experts at Deloitte. By installing visitor tracking sensors at strategic entrance and exit points, you can gauge your establishment’s traffic, or take it a step further by placing additional sensors to pinpoint popular zones and vehicles. this context, people counting solutions play a pivotal role.

Target Market 52

Target Market Store Layout Consumer Marketing 52

Retalon

FEBRUARY 14, 2024

Source Retailers are at a pivotal juncture where leveraging data not only sharpens strategic decision-making but also paves the way for innovation and competitive advantage. Similarly, sales forecasting becomes more accurate, allowing for better planning and resource allocation.

Inventory Management 41

Inventory Management Management Consumer Marketing 41

Wiser

NOVEMBER 7, 2022

Every single product bought has reasoning and meaning behind it that, as a brand or retailer, isn’t always easy to understand at a surface-level. What led them into your store? Your next step might be to put out a promotion discounting purchases of a certain amount or higher from the same brand. Geodemographic Data.

Store Layout 146

Store Layout Promotions Checkout Shopping 146

Inside Retail

JUNE 30, 2021

Inside Retail: Malaysian retail has been reported to be at an all-time low. What are your thoughts on how the retail landscape is travelling at the moment? We saw this play out on a smaller scale at Pavilion KL during the Recovery Movement Control Order (MCO) last June. We hope this is an indication of things to come.

Department Stores 246

Department Stores Merchant Services Outdoor Shopping 246

V Count

MARCH 20, 2024

With this information at hand, businesses can tailor their marketing campaigns and promotions to target specific demographics or areas with high foot traffic. They can optimize their store layout and product placement to make the best use of the available space, thereby improving the shopping experience and maximizing sales potential.

Store Layout 52

Store Layout Customer Experience Shopping Outdoor 52