Retail TouchPoints

JUNE 8, 2022

California-based Vallarta Supermarkets is piloting autonomous robots in five locations in Fresno, Kern, Los Angeles and San Bernadino counties to support employees by identifying in-store hazards. The retailer will test inventory management technology in a sixth store.

Inventory Management 222

Inventory Management Supermarket Store Operations Customer Experience 222

Retail TouchPoints

MARCH 15, 2024

Many companies can track their own digital shelf data, allowing them to align products across platforms, perform A/B testing and improve inventory management. The fact that you can adapt your digital display very quickly as compared to physical inventory management allows businesses to benefit from multiple types of external data.

Inventory Management 221

Inventory Management Telecommunications Location Marketing 221

Retail TouchPoints

NOVEMBER 22, 2022

The space will allow the retailer to stage inventory, satisfy merchandise pickup and delivery and fulfill store-based and ecommerce orders. “Plus, it reunites us with a number of our former colleagues whom we know will get the job done up to or exceeding our expectations.” ”

Fulfillment 235

Fulfillment Payment Services Inventory Management Department Stores 235

Retail TouchPoints

JUNE 27, 2023

There’s a lot of talk about artificial intelligence these days, with countless posts about how it’s changing consumer expectations , influencing operations and transforming entire industries. Empower intelligent inventory management. Today’s inventory management teams host a large volume of commerce transaction data.

Inventory Management 264

Inventory Management Management Fulfillment Marketing 264

Inside Retail

JANUARY 11, 2022

Retailers are now investing significant resources into logistics, deploying the latest inventory management systems, automating warehouses and hiring hundreds of hardworking staff in an effort to pick, pack and ship online orders as quickly as possible. That’s where local inventory comes in. Meet demand for faster delivery.

Fulfillment 200

Fulfillment Shipping Inventory Management Location 200

Inside Retail

JANUARY 24, 2024

The heritage brand, deeply rooted in providing affordable and reliable footwear, faced the challenge of being associated primarily with mature-age consumers. It has always been known as a trusted provider of high-quality footwear to a wide range of consumers, particularly renowned for its school shoes and comfortable sandals.

Inventory Management 130

Inventory Management Visual Merchandising Customer Retention Consumer 130

Retail TouchPoints

APRIL 13, 2021

The 2021 Connected Consumer Series reflected the challenges retail (and society as a whole) have faced during the past year, but also the growing sense of optimism that is taking hold this year. Redefining Retail: How Location Data Removes Friction from Shopper Experiences. How to Take Consumer Engagement and LTV to New Levels.

Consumer 136

Consumer Payment Services Fulfillment Advertising 136

Retail TouchPoints

JANUARY 11, 2022

The company offers 30-minute delivery and 5-minute pickup at all 16 current brick-and-mortar locations, which are located in the Chicago, Dallas and Washington, D.C. The retailer also is expanding its selection of private label goods, with 200 new SKUs set to launch over the next year.

Planning 228

Planning Inventory Management Location Marketing 228

Retail TouchPoints

JULY 17, 2023

Businesses can collect real-time data on how the goods are stored and transported, their location and their condition during delivery. IoT technology is especially relevant in managing the supply chain of sensitive products like food with short shelf life or medicine. Inventory management. Self-checkout.

Payment Services 217

Payment Services Checkout Inventory Management Customer Experience 217

Inside Retail

JANUARY 30, 2024

Evri’s partners will gain valuable insights into the Chinese market, including consumer behaviour, marketing and pricing strategies, product selection advice, and online operational strategies tailored to the unique demands of the Chinese market.

Merchant Services 130

Merchant Services Inventory Turnover Inventory Management Supply Chain Management 130

Retail TouchPoints

MAY 3, 2023

The retail industry is undergoing an unprecedented wave of change as global issues have affected retailer supply chains, the labor market and consumer behaviors. Sustainability has come to the fore as consumers become more conscious of how their purchases are impacting their local communities and the environment.

Visual Merchandising 243

Visual Merchandising Consumer Inventory Management Customer Experience 243

Retail TouchPoints

JUNE 6, 2023

While that’s attractive marketing fodder for retail CMOs who want to appeal to environmentally minded consumers, CFOs will appreciate the potential profitability of selling an article of clothing not just once but twice or more in the circular economy. Opportunity #1: Cost-efficient inventory management.

Merchant Services 239

Merchant Services Inventory Management Shipping Consumer 239

Retail TouchPoints

OCTOBER 6, 2022

Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that). The return to offices and social events is inspiring consumers to level up their wardrobes and focus more on apparel and footwear.

Merchant Services 232

Merchant Services Payment Services Promotions Location 232

Retail TouchPoints

MAY 10, 2023

For consumer-packaged goods (CPG) brands wanting to lead their category at major retailers, it’s critical to be strategic and adaptable with a logistics strategy. While many brands try to shave pennies off transactional transportation costs, that won’t drive long-term success in retail locations.

Shipping 236

Shipping Inventory Management Location Management 236

Inside Retail

MARCH 7, 2024

Birthday suit vice Against this backdrop, Australian fashion brand Nakedvice is on a mission to redefine accessible luxury with timeless designs that draw inspiration from vintage pieces and ‘90s nostalgia, aligning with emerging trends and consumer sentiments. It has also enabled the brand to ship from store if an item is out of stock.

Boutique 130

Boutique Apparel Fashion Wholesale 130

Inside Retail

APRIL 30, 2024

However, in an increasingly digital world, the brand recognised the need to evolve its retail experience to meet the demands of modern consumers. The conventional checkout process, often plagued by long queues, is a thing of the past, as associates can seamlessly process transactions from any location within the store.

Clienteling 147

Clienteling Checkout Customer Experience Inventory Management 147

Inside Retail

FEBRUARY 26, 2024

There are several economic factors playing havoc with consumers and business operations that are likely to persist into 2024. Consumer sentiment remains low as households stagger under higher costs of living and interest rates. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Retail TouchPoints

FEBRUARY 20, 2023

Actionable data can also help retailers with inventory management across all locations. If the customer needs more information or help, these systems are particularly good at alerting retail managers to know quickly that a customer service action is needed. Tyler Wells is the North American Sales Manager for MicroTouch.

Advertising 212

Advertising Sporting Goods Returns Inventory Management 212

Retail Focus

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. What is driving consumer returns? 3) Scale up scenario planning.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Inside Retail

FEBRUARY 23, 2023

Reliving vintage craftsmanship According to Huisamen, the wide range of collections and styles on offer, including the more elevated Made & Crafted line, is what sets the Ion store apart from other Levi’s locations in Southeast Asia. Leveraging data and AI has also played a role in optimising promotions and improving inventory management.

Inventory Management 246

Inventory Management Apparel Management Consumer 246

Inside Retail

AUGUST 17, 2021

“[Our] omni-retail business strategy and digital capability are providing the flexibility to pivot to online channels to meet shifts in consumer behaviour during Covid-19 lockdowns,” Heraghty said. At Supercheap Auto sales increased to $1.31 The post Lifestyle, leisure drive record year for Super Retail appeared first on Inside Retail.

Net Profit 246

Net Profit Inventory Management Management Location 246

Retalon

JANUARY 5, 2021

Optimizing your inventory balancing process is key to increasing ROI. Even the best-executed assortment strategy can lead to imbalanced inventory levels halfway through the season. What is inventory balancing? Why is unbalanced inventory such a big problem for retailers? Why isn’t the current method working?

Location 41

Location Inventory Management Markdowns Fulfillment 41

Retail TouchPoints

JANUARY 3, 2024

Think about the everyday shopper: for many, the nearest returns location isn’t just around the corner. It might involve a time-consuming trip across town, navigating traffic and juggling work or family schedules. First, she has to figure out the return policy, which can be buried in fine print. So why do customers delay returns?

Returns 250

Returns Drop-Shipping Customer Experience Customer Retention 250

Retail TouchPoints

JANUARY 20, 2022

For most types of consumer retail stores, the pandemic scared regulars away, diminished traffic from visitors, altered consumer preferences, snapped formerly reliable supply chains and required dramatic shifts in the way stores serve their clientele. But that’s only part of the story.

Merchant Services 220

Merchant Services Clienteling Shipping Inventory Management 220

Retail TouchPoints

NOVEMBER 29, 2023

However, that doesn’t mean consumers don’t want to go to malls. In fact, more than 40% of adults reported visiting a mall within a two -week period in August, up from 35% at the beginning of June and 30% in the beginning of April, according to Coresight Research’s ongoing survey of 1,600 consumers.

Shopping 232

Shopping Kiosk Consumer Fulfillment 232

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

In the rapidly evolving world of retail and consumer packaged goods (CPG), staying ahead of the competition is a constant challenge. AI is reshaping the business world as today’s future-ready retailers and consumer goods manufacturers leverage technology to streamline operations and connect more closely with consumers.

Marketing 95

Marketing Inventory Management Supply Chain Management Store Layout 95

Wiser

APRIL 9, 2024

Initial Verification Upon warning of the potential issue, the Retail Sales Director employs a broader crowdsourced survey across suspect locations to validate the rising number of out-of-stock instances. This early detection is crucial, as it may indicate a larger execution problem brewing that could affect the brand’s bottom line.

Accounting 78

Accounting Inventory Management Point of Sale Management 78

Retail TouchPoints

JUNE 25, 2021

Advancements in consumer technology have also played a role in retailers looking to make the technology of tomorrow happen today. In 2019, Verizon was the first in the world to offer commercial 5G mobile service, and consumers today have many choices of 5G-enabled devices, offering retailers an opportunity to accelerate potential use cases.

Inventory Management 131

Inventory Management Customer Experience Point of Sale Advertising 131

Retalon

MAY 17, 2024

Navigating through today’s industry needs, businesses face increasing challenges due to fluctuating market dynamics, evolving consumer behaviors, and technological advancements. It is used for planning and optimizing various supply chain activities, including procurement, production, inventory management, and distribution.

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

Retail TouchPoints

MARCH 31, 2021

Nowhere is that more true than the retail market, which has seen a fundamental shift among consumers in the wake of the pandemic. The pandemic has transformed how consumers behave by accelerating their embrace of digital commerce, and the changes are likely to prove permanent, according to businesses studying and adapting to the changes.

Consumer 312

Consumer Inventory Management Boutique Management 312

Retail TouchPoints

NOVEMBER 18, 2021

Consumer expectations of retailers have been transformed by their experiences buying from Amazon and other innovative retailers that are able to provide fast, efficient omnichannel experiences. In tandem, consumer expectations have grown. Consumers expect immediate gratification. Holiday shopping season is upon us.

Supply Chain Management 223

Supply Chain Management Fulfillment Shipping Inventory Management 223

RETAIL MANAGEMENT SOFTWARE

JULY 17, 2023

A multitude of factors, such as demand volatility, inventory management, logistics, and forecasting, can present significant challenges to supply chain efficiency. Accurate Inventory Tracking BI solutions are vital in accurately tracking inventory throughout the supply chain.

Inventory Management 89

Inventory Management Supply Chain Management Management Point of Sale 89

Retail TouchPoints

MARCH 29, 2021

Ecommerce first promised consumers convenience, but in the last decade it has also brought increasing value to market by combining its transactional data with shopper journey data — offering manufacturers near-real-time metrics on campaign performance. The collection, preparation and use of data in retail is a “core business.”

Advertising 295

Advertising Inventory Management Promotions Marketing 295

Retail TouchPoints

SEPTEMBER 23, 2022

How to optimize shipments based on the customers’ location. Not only does the space of the facilities where you store goods and transport orders matter greatly, but also their location and proximity to your shipping destinations. Outdated IT can lead to legacy issues and frustrated customers and employees.

Fulfillment 286

Fulfillment Shipping Inventory Management Management 286

Retail TouchPoints

AUGUST 17, 2021

Computer vision can track products that consumers remove from the shelves and place in their cart. When connected to a payment device such as a credit card, this can enable consumers to load merchandise directly into shopping bags in their cart, and bring it out to their car without waiting in line. Practical Benefits of AI in Grocery.

Checkout 305

Checkout Payment Services Customer Experience Inventory Management 305

Inside Retail

MARCH 28, 2023

Now, it’s looking to reach 9,000 locations by 2025 through its focus on innovation, customer-centricity and agility. The Chinese marketplace With more than 6,000 stores, Zhang said that Starbucks continues to be Chinese consumers’ first choice in the country according to its internal brand-tracking studies. “We

Inventory Management 130

Inventory Management Planning Location Consumer 130

Inside Retail

DECEMBER 5, 2023

There are literally hundreds of thousands of small independent grocery shops in Thailand, many of them without inventory management systems and occupying spaces that are distinctly lacking in glamour and décor. Enter the Donjai concept. Of course, Donjai doesn’t please everyone.

Inventory Management 130

Inventory Management Shopping Checkout Location 130