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Foot Locker Debuts ‘Store of the Future’ in New Jersey

Retail TouchPoints

The retailer plans to use learnings from this store, located in the Willowbrook Mall in Wayne, N.J., for additional reinvented stores it will open in 2024 , including at the brand’s NYC flagship and locations in Paris, Melbourne and Delhi.

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Aldi tops Australia supermarket rankings, yet again

Inside Retail

Canstar’s latest supermarket review asked more than 2600 consumers about their grocery buying experience across major Australian chains, and Aldi scored highest not just in overall satisfaction rating but also in the quality of produce, store layout, and value for money.

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Amazon to Share Shopper Insights from its Grocery Stores with Brands

Retail TouchPoints

Amazon has rolled out a new store-based analytics service that will give brands insights into how their products are discovered, considered and purchased at Amazon Go and Amazon Fresh stores in the U.S. Brands can access these insights through a secure dashboard.

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Business Intelligence: The Untapped Potential of Foot Traffic Analysis

Wiser

Foot traffic data can also be leveraged to optimize store layouts. By tracking customer movement within a store, retailers can strategically place products to increase visibility and sales. For instance, high-traffic areas might be best suited for promotional displays or impulse-buy items.

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Affordable luxury: A look at Aldi’s London champagne bar

Inside Retail

The grocery giant also partnered with celebrity mixologist Pritesh Mody to create three cocktails using Aldi’s champagne, which customers could enjoy at the pop-up for as little as £1.09 – far cheaper than what is expected in one of London’s most expensive postcodes. They could have just put an ad on TV. Creating customers.

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Why Bricks & Mortar Businesses Should Invest In Technology

Retail Focus

Improves Business Decisions Clever analytics technology like heat tracking cameras highlights the parts of a store working well and less well, so action can be taken to find solutions for perfect product placement and store layout. Technology enables retailers to reduce costs and waste.

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Using Prebuilt Data Models? You Should Be

Retail TouchPoints

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Store Performance model: This model helps retailers analyze the performance of their physical stores by tracking metrics such as foot traffic, sales per square foot and customer behavior.