Retail TouchPoints

OCTOBER 16, 2023

Despite a positive job market and a stabilized economic environment, most consumers ( 96% ) are looking to save money in the short term, according to a recent study from PwC. But at the same time merchants’ margins are being squeezed, making intelligent pricing and promotions strategies even more critical for success.

Markdowns 305

Markdowns Promotions Merchant Services Marketing 305

Retail TouchPoints

OCTOBER 15, 2021

Brands and retailers are feeling mounting pressure — from consumers, shareholders and even their boards — to be more inclusive. But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base.

Consumer 289

Consumer Merchant Services Markdowns Fulfillment 289

Retail TouchPoints

JUNE 26, 2023

Get ready, get excited, retailers and customers alike, the 2D barcode, a compact square label with splotches and spaces that encode up to 350X more data than a traditional UPC (4,000 characters) will have a significant impact on managing the business and delivering better customer experiences. Who doesn’t want that?

Merchant Services 268

Merchant Services Inventory Management Grocer Customer Experience 268

Retail TouchPoints

JANUARY 3, 2023

As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. Invisible protection for optimal customer experience.

Merchant Services 289

Merchant Services Payment Services Accounting Checkout 289

Retail TouchPoints

FEBRUARY 15, 2023

Accenture’s AI.Retail platform — which helps retailers better utilize data and artificial intelligence to optimize common operations such as customer acquisition, pricing and promotions, assortment and supply chain — can now be deployed on Google Cloud. Current customer Albertsons Cos.

Merchant Services 266

Merchant Services Markdowns Store Operations Planning 266

Retail TouchPoints

SEPTEMBER 8, 2023

According to a recent survey , 38% of retailers are worried about meeting consumers’ fast delivery expectations. As they begin to address these expectations, many retail IT teams are finding that the process is costly and complex. Today, retailers are finding that too many dials makes the process unmanageable.

Merchant Services 202

Merchant Services Shipping Fulfillment Markdowns 202

Retalon

MAY 10, 2024

We refer to these as Merchant-driven organizations. The goal of the budget is to purchase the necessary quantities of products that will satisfy consumer demand. This can be done manually, using last year’s data, or using a markdown strategy plan that utilizes Price Elasticity of Demand (PED) to calculate the true effect of markdowns.

Planning 41

Planning Markdowns Merchant Services Payment Services 41