Remove Consumer Remove Dead-Stock Remove Store Operations
article thumbnail

Breaking Barriers: How Brick-and-Mortar Retailers can Deliver Exceptional Customer Experiences

Retail TouchPoints

People have been saying “Retail is dead” for several years now. Comparable store sales increased 9%, and the company’s gross margin increased to 58.8%. No, retail isn’t dead. Bad retail is dead. Better inventory management means better business operations, period. The problem is it simply isn’t true.

article thumbnail

Taking a Deep Breath – Five Key Takeaways from Shoptalk Spring 2025 in Las Vegas

365 Retail

But now Ive taken stock, and heres my five learnings from Shoptalk Spring 2025, five reflections that were necessarily what was expected going into the show. The days of hyperbole like physical retail is dead seem to be a thing of the past. My quote of the show, from Walmarts EVP Store Operations Cedric Clarke.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail technology for building recession resilience

I Vend

Consumers continue to spend on essentials such as food, personal care, and basic clothing, but reduce their outlay on items such as furniture, home electronics, sporting goods and accessories. Retail Technology: Efficient in-store operations. In retail specifically, the world tends to be divided into essentials and luxury items.

article thumbnail

Understanding Furniture Inventory Management Software in 2023

Retalon

Powerful analytics help you optimize stock levels to drive sales, improve margins, and increase customer satisfaction. This software uses technology like barcode scanners, RFID, IoT sensors, and integrated ERP systems to monitor, track and manage your furniture stock. Furniture inventory management software offers a smarter solution.

article thumbnail

5 Online Hacks to Boost Local Footfall to Your Store

Retail Next

So far in 2019, Macy’s, and even Walmart, have announced plans to close some of their stores, while Barney’s New York has filed for bankruptcy. On the face of it, the future for brick-and-mortar stores doesn’t look good and the reasons are well-recognized. Putting on special in-store events.

article thumbnail

5 Ways Agentic AI Is Powering Smarter Retail Operations

RETAIL MANAGEMENT SOFTWARE

trillion in 2025, fueled by digital innovation and evolving consumer demands. This reduces overstocking and avoids lost sales due to out-of-stock issues. Retail Impact: Higher revenue per product Reduced dead stock More strategic promotions 3. The National Retail Federation (NRF) projects U.S. retail sales to hit $5.42