Inside Retail

APRIL 10, 2024

By identifying new trends in how consumers are making purchase decisions around promotional discounts and impulse purchases, retailers can meet the consumer where their budget is and potentially bend it. This shift in shopping behaviour is not particularly surprising for retailers but it does present a unique marketing challenge.

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Retail Minded

NOVEMBER 8, 2022

Although self-service checkouts were first introduced in 1986 , they are still far from perfect. on the App Store, which says a lot about how people’s sentiment towards self-service checkouts. . Trigo’s digital twin can be used for other purposes too, such as inventory management. . Self-Checkout Utopia Could Be On The Way.

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Retail TouchPoints

JULY 17, 2023

IoT solutions enable retail stores to monitor and manage their equipment, including HVAC systems and refrigerators. Example: Walmart Walmart is applying IoT technologies for effective store equipment management. Inventory management. Self-checkout.

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Retail TouchPoints

SEPTEMBER 12, 2023

TikTok has made it frighteningly easy to buy — it’s literally a swipe and the product is on its way to you,” said Lee Parkhurst, Senior Brand Manager at Educational Insights , the first toy brand to test out TikTok Shop. and managed by the U.S. reads the company announcement. The company also reiterated that all TikTok-protected U.S.

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Inside Retail

SEPTEMBER 4, 2023

The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector. The barcode has also been instrumental in promoting sustainability in the supply chain. Without it, the modern global supply chain would be unimaginable.

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Retail Gazette

FEBRUARY 22, 2024

Inventory Management and Forecasting AI-powered algorithms enable retailers to optimise inventory management and forecasting processes, reduce stockouts, minimise excess inventory, and improve overall supply chain efficiency. AI-driven personalisation improves customer satisfaction, increases conversion rates, and boosts sales.

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Retail Minded

JANUARY 8, 2024

We’re diving into how a dash of philanthropy and a strategic approach called moves management can create an unbeatable combo. Now hold up, what’s this move management deal? Transforming Transactions into Relationships Picture your checkout line as more than a conveyor belt of credit card swipes.

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Retail TouchPoints

MARCH 29, 2023

Apple said having its Pay Later loans reflected on consumers’ financial profiles will “help promote responsible lending for both the lender and the borrower.” There’s no one-size-fits-all approach when it comes to how people manage their finances,” said Jennifer Bailey, VP of Apple Pay and Apple Wallet in a statement.

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Retail TouchPoints

MARCH 9, 2023

Now owned by the SPARC Group (a joint venture between brand management firm Authentic Brands Group (ABG) and mall operator Simon Properties ), Forever 21 has spent the last few years refining its image and business model to avoid a repetition of its 2019 bankruptcy. Forever 21 one-click checkout with Bolt. Why is 43 seconds important?

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I Vend

OCTOBER 16, 2023

Online shopping is intrinsically more personalized – a customer can be greeted by name, shown previous orders, receive suggestions for items they might like and have their payment details stored for seamless checkout. Retailers can make the most of this trend with promotions focussed on celebrations, festivities and events.

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Retail TouchPoints

JUNE 12, 2020

Rob Almond, CEO of facilities management firm NEST , spoke to Retail TouchPoints about the combined impact on brick-and-mortar stores from COVID-19 closures and the property destruction accompanying some of the initial Black Lives Matter protests, as well as new technologies designed to promote customer and employee safety and peace of mind.

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Inside Retail

MARCH 12, 2024

Square is revolutionising the way small and medium-sized retailers can manage inventory and payments through a combination of next-generation hardware and custom-built software. Find out more about Square’s onsite hardware promotion here. Offer not valid with guest checkout. Find out more about Square for Retail here.

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I Vend

OCTOBER 10, 2023

Retailers have to grow their share of a finite wallet, making promotions and customer experience an essential part of the retail mix. Retailers have to be ready with promotions to attract these early birds, and harness their retail POS software to win their wallet.

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Retail TouchPoints

JUNE 26, 2023

It’s hard to believe that the invention of the UPC — first used by railroads almost 100 years ago and then introduced to speed grocery checkout lines back in 1974 — hasn’t changed. For example, a customer can scan a 2D barcode on a package of pasta sauce and instantly view ingredients, allergens, recipes and promotions.

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Inside Retail

SEPTEMBER 9, 2021

Customers are already getting used to adopting digital technology to manage their health, whether it be the government’s Medicare app, the MedAdvisor app for prescription management, or retailer apps like Chemist Warehouse’s Health @ Your Fingertips or Amcal’s health management app. These lead to environmental waste, for sure.

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Retail Focus

NOVEMBER 29, 2023

Stock availability and checkout experiences: Not surprisingly, when Gen Z shoppers make a trip to a store, they expect a good range of stock and on-shelf availability. As shoppers of all ages seek out stores – during the Golden Quarter and year-round – retailers are tasked with reinventing their stores for a modern, channel-agnostic age. “At

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Retail TouchPoints

AUGUST 1, 2023

Fundamentally, digital signage offers the potential for real-time, personalized information, allowing retailers to quickly and easily change pricing, promotions and other information,” said Nick Kramer, Leader of Applied Solutions at SSA & Company in an interview with Retail TouchPoints.

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Retail TouchPoints

JANUARY 3, 2023

Web and API Scraping Web and API scraping are often used by competitors to undercut retailers’ pricing and promotions. Fake Account Creation Bots can create fake accounts at scale which are then used to abuse retail promotions. Fake accounts are often aged so they appear legitimate and circumvent validations during checkout.

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Inside Retail

NOVEMBER 27, 2023

Conversely, they might spot an item in a store, compare prices on their smartphone, and choose either to take it to the checkout or order it online for home delivery. This is especially crucial in managing seasonal or event-driven merchandise. This is especially crucial in managing seasonal or event-driven merchandise.

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Inside Retail

MARCH 14, 2024

Elijah Etri, Skippy’s Fresh Frootz manager at Victoria Point, Queensland, has started a new Tiktok challenge, encouraging viewers to head into their local supermarket and check the prices of comparable produce and products. Bunnings is now back in first place.

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Retail TouchPoints

MARCH 21, 2022

Or a customer receives immediate, personalized product promotions and recommendations the moment they walk in a store, creating a truly customized experience. Imagine a retail location where customers using an AR-powered mirror can see how clothing looks on them without ever entering a changing room. 5G can Drive Consumer Engagement.

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Inside Retail

JANUARY 3, 2023

Meanwhile, other companies are using AI to provide a more personalised shopping experience for customers by analysing their browsing and checkout history. Retail workers have access to information about products, promotions, and pricing instantly. Payment systems evolution. Introducing low-code tools.

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Retail TouchPoints

MARCH 10, 2022

“Our Walmart+ members have told us they’re passionate about their music and entertainment, so today’s announcement is just one more way that we’re adding value to our Walmart+ membership,” said Chris Cracchiolo, SVP and General Manager of Walmart+ in a blog post announcing the promotion.

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Retail TouchPoints

AUGUST 17, 2021

Online retailers are using AI to create intent-based promotions. AI has a lot to offer grocery stores, especially in inventory management. AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required. Practical Benefits of AI in Grocery.

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Inside Retail

AUGUST 1, 2023

Often product teams ask for new product or promotion pages to be heavily tagged to report on success. You can then invest the savings in a CX intelligence tool that will show you not only interaction clicks, but full customer journeys including pain points such as dead links, navigation issues, and aborted checkout journeys.

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Retail TouchPoints

MAY 31, 2022

Now we’re partnering with companies like Google, Microsoft and Amazon that manage that data processing in the cloud to power whatever it is that retailers want to do, and you can do these things with a smartphone.”. Fast, Frictionless Checkout. In-Store Inventory Management. stores — the future is here folks.

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Retail TouchPoints

AUGUST 28, 2023

The Challenge of Managing Returns “Returns were a huge issue in 2022, and consumers are looking at return policies as a key component of their purchasing decision-making,” said Schwartz. In fact, 74% of associates’ time is on non-checkout functions. 17% of holiday gift sales this season will be resale,” said Garf.

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Retail TouchPoints

APRIL 16, 2024

And while understanding customer satisfaction is crucial, traditional methods like Net Promoter Score (NPS) have limitations that can actually lead to the opposite of intended outcomes if not applied carefully. that keep them coming back for more. Most companies can calculate this relatively quickly. (2)

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Retail Gazette

AUGUST 31, 2023

Under the Buy with Prime app for Shopify, Prime members can select “Buy with Prime” on a product’s detail page before placing their order in Shopify’s checkout. The feature gives Prime members “fast, free delivery and easy returns” according to the online retailer.

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Retail TouchPoints

JUNE 15, 2022

The move follows a similar trajectory at Google , which has been continuously adding more features to make itself central to the online shopping experience, including the recent debut of a new checkout flow.

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Retail TouchPoints

JULY 8, 2022

Modern customers want more optionality when it comes to finalizing the checkout process. More than 100 million people around the globe have found the answer in BNPL, as it helps users better manage their cash flow and increase their purchasing power. In this sense, payments have earned their spotlight. The best part? Bottom Line.

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Retail TouchPoints

JUNE 23, 2023

Unlike data centers, edge infrastructure manages unreliable networking, where latency, jitter or availability issues are common, particularly in large distributed store estates. Store systems typically don’t operate in people-free, highly secure, air-conditioned server environments; quite the opposite. Edge systems process data in real time.

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Retail TouchPoints

APRIL 27, 2021

The partnership was forged to help retailers better manage their shipping and logistics and allow them to offer an improved last-mile delivery experience. The integration will give Adobe merchants access to FedEx post-purchase logistics intelligence that can help them drive demand, reduce cost and gain customer insights.

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Retail TouchPoints

MAY 18, 2023

Benefits to retailers and brands include promoting in-store inventory in real time, using Google Shopfronts as a local, digital experience and monitoring the impact of digital advertising. His career includes managing online marketing for an international financial services company for over seven years and running his own digital agency.

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Inside Retail

JULY 3, 2023

As we continue to embrace digital transformation, the barcode’s role in tracking, tracing, and managing the flow of goods and information within global supply chains remains vital. GS1 Australia, a not-for-profit standards body, takes this opportunity to celebrate the barcode while casting an eye ahead.

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Retail Focus

MAY 3, 2023

Wulfric Light-Wilkinson, General Manager at Wunderkind International, commented: “Effective cross-channel and cross-device customer identification is the starting block for successful consumer engagement. Additionally, the study found that 0% of retailers are able to identify a repeat visitor returning to the site via a different device.

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Retail TouchPoints

MAY 9, 2023

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Creating a seamless inventory management journey.

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