Inside Retail

OCTOBER 21, 2021

Retailers are enduring dynamic and challenging times as supply-chain disruption continues and consumer behaviour changes, both brought on by living in the Covid era. Consumers increasingly want a seamless and consistent shopping experience across a growing number of offline and online touchpoints.

Returns 130

Returns Merchant Services Shipping Payment Services 130

I Vend

OCTOBER 16, 2023

As discretionary spend decreases in inverse proportion to cost of living increases, and consumers think more carefully about where they spend, retailers have to get really smart about strategies to win and retain their share of the market. iVend helps retailers iVend helps retailers to capture and analyse customer data.

Checkout 105

Checkout Inventory Management Payment Services Returns 105

Retail TouchPoints

JANUARY 13, 2023

A better bottom line can be achieved by minimizing returns, leveraging user-generated content (UGC) and implementing smart forecasting solutions. In periods of soaring inflation, consumers look to buy products they truly need. As consumers decrease their spending, purchasing pre-loved items will become a more popular consumer action.

Returns 260

Returns Consumer Inventory Management Customer Experience 260

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). McNamara spotlighted a surge in promotional activities in July 2022 that marked the official kickoff of the back-to-school season.

Merchant Services 242

Merchant Services Payment Services Promotions Location 242

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

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. How to Take Consumer Engagement and LTV to New Levels. Listen to the session on demand. Listen to the session on demand.

Consumer 137

Consumer Payment Services Fulfillment Advertising 137

Retail Focus

JANUARY 12, 2023

Many of those processes can be time-consuming or repetitive, which makes them highly suited to automation. Sales automation can also offer promotions and upsells tailored explicitly towards each customer and presented opportunistically. Inventory Management. Customer Follow Up. The result?

Payment Services 130

Payment Services Inventory Management Returns Checkout 130

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

Retail Gazette

OCTOBER 12, 2023

2) Interrogate the accuracy of supply chain data Being able to accurately track stock is crucial to the success of inventory management. This becomes even more pivotal during the fast-moving, competitive peak period, when spikes in demand will occur against a backdrop of aggressive promotions and discounting across the market.

Payment Services 52

Payment Services Inventory Management Fulfillment Returns 52

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

Wiser

APRIL 9, 2024

This step may uncover broader systemic problems, such as issues with inventory management or in-store communication errors, that require a coordinated response to prevent widespread impact. It is imperative for brands to address issues identified at both the national and store level for maximum effectiveness and return.

Accounting 78

Accounting Inventory Management Point of Sale Management 78

Wiser

DECEMBER 18, 2023

Market trends shift rapidly, consumer behavior fluctuates, and competition intensifies. In the online world, it’s not about physical space, but rather visibility on search results, category pages, and promotional spaces. However, the dynamic nature of eCommerce platforms presents retailers with various challenges.

Promotions 139

Promotions Management Inventory Management Marketing 139

Retail Focus

SEPTEMBER 21, 2023

Inventory Management Issues Inventory management can pose a significant challenge for bars and restaurants. Misjudging the quantities of perishables to stock could lead to an abundance of waste if the goods are not consumed before going bad or missed sales opportunities if you run out.

Inventory Management 130

Inventory Management Management Accounting Point of Sale 130

Retail TouchPoints

JULY 26, 2021

If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. You will need their talents when it comes to: Design Customer experience (CX) Search engine optimization (SEO) Web maintenance Customer engagement Product returns. Digital Marketing.

Wholesale 275

Wholesale Payment Services Fulfillment Returns 275

Inside Retail

JANUARY 24, 2023

After so much Covid-19 disruption and damage, the National Retail Federation’s (NRF) Big Show returned to the Big Apple with an equally big bang last week. As consumers return to stores post-pandemic, they are seeking out intuitive and personalised interactions that surprise and delight, with the option for frictionless self-service.

Fulfillment 130

Fulfillment Customer Experience Consumer Returns 130

Retail Smart Guys

MAY 1, 2023

And now, it’s time to return that love by making things easy for them, especially if they are in the independent retail business industry, occupied with administrative tasks while also being a hands-on mother. It’s a time to celebrate the incredible love and sacrifices our mothers have shown us throughout our lives.

Inventory Management 52

Inventory Management Point of Sale Finance Returns 52

Retail TouchPoints

JULY 11, 2023

Retailers can take a similar approach and think beyond just getting a consumer in the store to purchase a product. It’s not enough to just meet consumer needs today; retailers need to be able to anticipate the next thing customers will want or need, and when, and analytics can help provide the answers.

Payment Services 179

Payment Services Inventory Management Consumer Returns 179

RETAIL MANAGEMENT SOFTWARE

AUGUST 18, 2023

This critical period not only marks the return to classrooms but also signifies a significant revenue opportunity for businesses in the retail sector. Many of last year’s trends are also poised to return this year, including increased spending and earlier onset of shopping.

Inventory Management 67

Inventory Management Promotions Payment Services Returns 67

Retail TouchPoints

JANUARY 20, 2022

Customers also can choose to share additional information such as their style, fit and other preferences in order to receive more refined recommendations, and they’ll receive notifications of in-store promotions curated to their preferences. There will be humans working the store too. You can bet Amazon brands will be in the spotlight.

Payment Services 219

Payment Services Apparel Inventory Management Department Stores 219

Retail TouchPoints

SEPTEMBER 23, 2022

Consumers appreciate how swiftly Amazon delivers things , but it can be challenging to meet such high standards as a business. Since the company owns the warehouse, it can customize the size, location, order and inventory management. 3PLs, on the other hand, handle picking, storing, packing, labeling, shipping and returns.

Fulfillment 296

Fulfillment Shipping Inventory Management Management 296

Wiser

MARCH 7, 2024

The speakers shared their frontline experiences and the strategic pivots they made to keep pace with the rapidly changing consumer expectations and market dynamics. Observations indicate a return to pre-pandemic buying patterns, with expectations aligning more closely with consumer behaviors seen in 2019.

Customer Experience 78

Customer Experience Inventory Management Promotions Management 78

CJ Retail Solutions

DECEMBER 11, 2023

Incorporating digital signage for promotions 6.2 Integrating point-of-sale and inventory management systems Customer Comfort and Convenience 7.1 Consider the natural flow of foot traffic and strategically position high-demand products and promotions along these pathways. CONTENTS Introduction 1.1

Inventory Management 52

Inventory Management Point of Sale Store Layout Customer Experience 52

Inside Retail

SEPTEMBER 15, 2021

The Covid pandemic has changed the way consumers shop and interact with brands. With the retail environment across Asia changing so fast, retailers and consumer-product manufacturers are facing difficulties in predicting shopper behaviour – more so at the shelves – hence missing the opportunity to maximise revenue potential.

Inventory Management 130

Inventory Management Promotions Consumer Supermarket 130

Rain Pros

AUGUST 18, 2023

The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations. eCommerce has revolutionized how people shop and significantly changed consumer behavior and expectations.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Rain Pros

AUGUST 18, 2023

The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations. eCommerce has revolutionized how people shop and significantly changed consumer behavior and expectations.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Independent Retailer

JANUARY 19, 2023

As crowds returned to in-person shopping this past year, one of the key areas of focus has been improving the storefront itself. With an omnichannel customer strategy, real-time inventory management, returns of online goods, personalized shopping, and touch-free, frictionless checkouts, a proper IT network in place is critically important.

Payment Services 55

Payment Services Inventory Management Checkout Customer Experience 55

Wiser

AUGUST 13, 2019

Even so, increasing the number of items a consumer buys during a trip to your store is incredibly important. Ensure your inventory management is working properly. Do regular spot checks of shelves to check for stock levels, and make sure you don’t have any phantom inventory messing with your data. Timed discounts.

Marketing 103

Marketing Store Layout Promotions Inventory Management 103

I Vend

MAY 10, 2023

This focus is driven in large part by the changing demands of their consumers – shoppers actively want to buy from sustainable retail companies, and 60% ** are willing to pay more for ‘responsible’ products. Cloud data centres consume less energy than the retailer would use running their POS systems in-house.

Payment Services 80

Payment Services Inventory Management Returns Consumer 80

Retail Minded

JANUARY 1, 2024

Even if we weed out retail theft, there are still many other reasons for profit losses, from inflation to escalating costs to retailers’ inability to accurately predict consumers’ demands and manage inventory. Regardless, the bottom line is retailers have been increasingly losing revenue across the board.

Supply Chain Management 52

Supply Chain Management Inventory Management Consumer Management 52

I Vend

SEPTEMBER 1, 2022

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. Read more That decline may manifest across the economy as low unemployment, rising prices and squeezed margins.

Dead-Stock 98

Dead-Stock Payment Services Sporting Goods Inventory Management 98

365 Retail

OCTOBER 19, 2023

Identifying Market Opportunities Recognising market gaps and consumer demands is paramount for e-commerce growth. Consider deploying systems that streamline inventory management or offer robust analytics features. Engaging them is not about bombarding their email with incessant promotions, but by offering value.

Customer Retention 52

Customer Retention Inventory Management Promotions Marketing 52

Hyken

AUGUST 31, 2023

Enterprise resource management (ERP) systems centralize, automate, and manage core business data and processes, from inventory management to real-time sales information. Tellingly, this is a more effective strategy than offering discounts and promotions. No more missed opportunities for a sale!

Payment Services 106

Payment Services Customer Experience Inventory Management Accounting 106

Retalon

FEBRUARY 14, 2024

This pivot focuses on optimizing key areas such as inventory management, refining customer experiences, and predicting sales trends, all leading to an enhanced overall business performance. They offer a competitive advantage by delving into consumer behavior and operational insights.

Inventory Management 41

Inventory Management Management Consumer Marketing 41

I Love Fashion

JANUARY 4, 2021

Enabling consumers across the globe to shop their preferred commodities by leveraging flawless online transactions. Well, as per the GP Bullhound Consumer Internet index, Amazon, with a market capitalization of 1,597.2 billion US dollars, was ranked as the largest online consumer service company across the globe.

Fashion 111

Fashion Inventory Management Marketing Shipping 111

365 Retail

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 52

Inventory Management Supply Chain Management Shipping Planning 52

365 Retail

NOVEMBER 13, 2023

Seasonal demand is the changes in consumer appetite that naturally occur at different times of the year, such as around Christmas or Black Friday. Another instance is back-to-school shopping when children return to the classroom after summer. Black Friday and Cyber Monday also lead to spikes in sales for discount-hungry consumers.

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52