Remove Checkout Remove Loss Prevention Remove Markdowns Remove Shopping
article thumbnail

5 Major Retail Digital Transformations to Watch For in 2021

Retalon

In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns. While pandemic-era safety concerns contributed to this growth, the selection and convenience that online shopping offers to consumers are the primary drivers. to optimize inventory for gross margins. This number will continue to grow.

article thumbnail

An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

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. The customer visits a retail store’s e-commerce website and adds products to their shopping cart. Saves time and money.