Inside Retail

JANUARY 24, 2023

After so much Covid-19 disruption and damage, the National Retail Federation’s (NRF) Big Show returned to the Big Apple with an equally big bang last week. As consumers return to stores post-pandemic, they are seeking out intuitive and personalised interactions that surprise and delight, with the option for frictionless self-service.

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Fulfillment Customer Experience Consumer Returns 130

Independent Retailer

JANUARY 19, 2023

As crowds returned to in-person shopping this past year, one of the key areas of focus has been improving the storefront itself. With an omnichannel customer strategy, real-time inventory management, returns of online goods, personalized shopping, and touch-free, frictionless checkouts, a proper IT network in place is critically important.

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Payment Services Inventory Management Checkout Customer Experience 55

Retalon

SEPTEMBER 22, 2021

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. BORIS (Buy Online Return In-Store): Concentrates on reverse logistics. Payment, return, and exchange policies.

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Fulfillment Payment Services Inventory Management Shipping 41

Inside Retail

MARCH 17, 2022

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Buy online, return in-store. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse.

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Checkout Drop-Shipping Payment Services Inventory Management 246

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2020

Moreover, retailers have improved their customer journey experience with personalization, visualization, and agile checkout capabilities as well as the ability to capitalize on any ecommerce activities which the customer may have started on various media platforms. To attract new customers, they run flash sales on festivals and holidays.

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Payment Services Drop-Shipping Shipping Point of Sale 61

Retalon

APRIL 27, 2021

Advanced analytics has the capacity to integrate every channel of a multi-channel business into its forecast to maximize the return on promotion investments. to optimize inventory for gross margins. Retail AI can apply this process when customers return their purchases. check out their story here).

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Fulfillment Markdowns Promotions Returns 41

I Vend

JULY 27, 2021

Frictionless checkout – is it the new omnichannel? Now, more than 10 years on, why do I say that frictionless checkout is the ‘new omnichannel’? Well, from my discussions with retailers, I can see that there has been a similar lightbulb realisation about frictionless checkout. Friction matters because it restricts growth.

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Checkout Payment Services Inventory Management Customer Experience 52

Retail Geek

NOVEMBER 29, 2023

The reality is what we’re seeing is that Black Friday and Cyber Monday were taking market share from the bookends of the holiday, from earlier on and later on, right before the shipping cutoff date. How are we going to handle our return policies?

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Merchant Services Payment Services Consumer Shopping 69

RETAIL MANAGEMENT SOFTWARE

JANUARY 23, 2023

Self-service checkouts and frictionless experience are major drivers of this demand. Retailers will need to find ways to connect the real and virtual worlds to drive return on investment. Most of the time, a consumer returns a product in-store and makes the refund at the same retailer. Or vice versa.

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Retail Trends Social Commerce Shipping Consumer 94

Retalon

AUGUST 22, 2023

GMROI – Gross Margin Return on Inventory Investment Definition GMROI measures how efficient and profitable you are at turning your inventory into gross profit. It indicates how many dollars of gross margin you generate for every dollar invested in inventory. is considered healthy across retail categories.

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Customer Retention Returns Payment Services Promotions 41

Retail Geek

MARCH 18, 2022

And be Engineers we were able to automate effectively everything in that e-commerce business except the part around shipping and Logistics. 2:58] And we would call up a bunch of these existing companies 3pls who helped companies with the shipping and Logistics take all three pills third party Logistics providers.

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Merchant Services Fulfillment Shipping Marketing 52

Retail Next

NOVEMBER 14, 2019

The checkout line is one place where shoppers’ patience is in short supply and delays can result in altercations. If you have the wherewithal to set up a cashier-less self-checkout by means of apps or mobile POS terminals, consider it. Give updates on sales, returns and exchanges in real time. They end up buying it.

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Checkout Location Fulfillment Management 52

RETAIL MANAGEMENT SOFTWARE

OCTOBER 3, 2022

Real-time product assortments and pricing are more likely to be automated, optimizing effort, time, and management of price updates. Optimize Inventory Management. Perhaps your customers will be swayed by a 10% off or free shipping code that appears in real-time when the customer hovers over the checkout button.

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Customer Retention Inventory Management Customer Experience Kiosk 85