Retail Focus

MARCH 29, 2022

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost.

Consumer 211

Consumer Payment Services Inventory Management Returns 211

Retail TouchPoints

MAY 30, 2023

In 2022, a National Retail Federation/Prosper Insights and Analytics survey indicated that 56% of consumers had started their BTS shopping by early July, with 81% planning to shop sales the week of July 11. But generally speaking, consumer sentiment is still quite positive — we need to see if that holds up over the summer.

Shopping 231

Shopping Consumer Planning Inventory Management 231

Inside Retail

JANUARY 3, 2023

From smart shopping carts and intelligent buying assistants, to dynamic pricing algorithms and inventory tracking systems, retailers will have access to a wealth of powerful tools that enhance their ability to meet customers’ needs and respond quickly to changes in the market. . Payment systems evolution.

Payment Services 290

Payment Services Shopping Checkout Kiosk 290

Retail TouchPoints

JULY 3, 2023

As consumers, we’ve learned how to adjust to and enjoy new shopping formats. When teams and time are constrained, this one-stop shop is of the utmost value for business leaders and their customers. The cloud also reduces operational, labor and hardware costs while decreasing the risk of data loss.

Consumer 214

Consumer Inventory Management Point of Sale Location 214

365 Retail

DECEMBER 8, 2021

During the dizzying heights of peak season, retail operations of all shapes and sizes are put to the test to meet increased consumer demand. Many small to medium-sized retailers often think that in order to grow they’ll need to make large-scale investments into robust stock inventory management systems to meet demand effectively.

Inventory Management 52

Inventory Management Management Fulfillment Supply Chain Management 52

Retail TouchPoints

MAY 17, 2024

Despite a successful holiday shopping season, retailers face numerous hurdles in the year ahead. However, with consumer sentiment low and economic concerns still front of mind, this approach could backfire. Virtual fitting technologies help consumers make the right selection the first time. Inventory optimization.

Returns 225

Returns Fulfillment Inventory Management Apparel 225

Inside Retail

APRIL 25, 2023

Rather, it is in constant flux, with innovations shifting the way that industry players operate, and changing the way that consumers and traders interact with one-another. A key one, he said, is personalisation, as the demand for a tailored and customised shopping experience becomes higher over time.

Shopping 130

Shopping Payment Services Inventory Management Supply Chain Management 130

Retail TouchPoints

JANUARY 30, 2023

The pickup-only store does not allow in-store shopping; instead, the store serves as an onsite warehouse designed solely for stocking, storing and bagging groceries. As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.”

Grocer 312

Grocer Planning Supermarket Inventory Management 312

Inside Retail

FEBRUARY 25, 2024

AI has huge potential in the consumer and retail sector, with its ability to drive better business outcomes, including in customer experience, commercial effectiveness, operational efficiency, and cost optimisation. So, while many in leadership are keen, there isn’t much impetus to adopt the technology yet.

Inventory Management 246

Inventory Management Management Consumer Planning 246

Retail Gazette

FEBRUARY 22, 2024

Keep reading to explore how AI is reshaping the retail landscape and revolutionising the shopping experience. Personalised Shopping Experiences One of the most significant impacts of AI in retail is the ability to deliver personalised shopping experiences to customers.

Inventory Management 114

Inventory Management Checkout Inventory Turnover Promotions 114

Retail TouchPoints

NOVEMBER 17, 2023

In manufacturing, product substitution can be a valuable tool for optimizing inventory management. Market conditions are dynamic, and consumer preferences change — retailers and manufacturers need to adapt to these factors quickly.

Customer Experience 227

Customer Experience Inventory Management Fulfillment Inventory Turnover 227

Retail TouchPoints

JUNE 8, 2022

The retailer will test inventory management technology in a sixth store. In addition to supporting its employees during the current labor shortage, Vallarta will use the robots to gather real-time inventory data, an important capability as retail continues to grapple with supply chain challenges.

Inventory Management 222

Inventory Management Supermarket Store Operations Customer Experience 222

Retail Times

FEBRUARY 2, 2024

Research conducted by YouGov on behalf of Linnworks, a leading inventory management system (“IMS”), order management system (“OMS”) and warehouse management system (“WMS”) solutions provider and recently announced Connected CommerceOps platform, shows that 47% of British consumers prefer to shop online for Home and Garden.

Shopping 40

Shopping Inventory Management Management Consumer 40

V Count

JANUARY 26, 2024

Now, it seems, the spotlight has turned towards the traditional brick and mortar retail shops. Then, we’ll talk about how all types of retail businesses can use AI, from improving inventory management to customizing customer experience. In this blog post, we’ll explain Artificial Intelligence (AI) in simple language.

Shopping 95

Shopping Inventory Management Customer Experience Store Layout 95

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

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

Retalon

FEBRUARY 1, 2019

Current disparate systems, processes and organization must be transformed into one cohesive environment with the ability to offer customers a seamless shopping environment across all channels and the capability to deliver merchandise immediately – wherever it is needed.

Inventory Management 32

Inventory Management Management Planning Consumer 32

Retail TouchPoints

JULY 17, 2023

Inventory management. With innovative inventory tools, retailers can always be sure the necessary goods are in stock in a particular store. Adopting advanced technology in retail stores makes the shopping experience more engaging. Smart merchandising helped GetGo improve the consumer experience and increase sales.

Payment Services 217

Payment Services Checkout Inventory Management Customer Experience 217

Retail TouchPoints

JANUARY 9, 2024

With the help of programmatic platforms like The Trade Desk , hundreds of retailers can monetize their shopping data, or take monetization a step further by providing managed service advertising campaigns — allowing an agency to operate programmatic campaigns — targeted with their shopper data.

Advertising 273

Advertising Inventory Management Management Consumer 273

Retail TouchPoints

FEBRUARY 17, 2022

Japanese DTC fashion startup yutori has selected Centric Software ’s Product Lifecycle Management (PLM) solution. yutori operates a vintage fashion community and several direct-to-consumer brands targeting consumers in their teens and twenties.

Inventory Management 247

Inventory Management Fashion Apparel Planning 247

Retail TouchPoints

JULY 12, 2023

Retailers cited rising costs, declining consumer spending and supply chain volatility as their top concerns. Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics.

Payment Services 200

Payment Services Inventory Management Checkout Loss Prevention 200

Shopper Motion

DECEMBER 20, 2022

In today’s digital age, it’s no secret that online shopping has become a major part of the retail industry. With the convenience and accessibility of shopping from home, so many consumers turn to e-commerce platforms for their purchasing needs. The Importance of Connecting Online and Offline Shopping Data. . .

Shopping 52

Shopping Inventory Management Advertising Store Layout 52

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. No matter how customers choose to shop, informed associates will be a key part of this process. Listen to the session on demand.

Consumer 136

Consumer Payment Services Fulfillment Advertising 136

Retalon

FEBRUARY 1, 2019

Current disparate systems, processes and organization must be transformed into one cohesive environment with the ability to offer customers a seamless shopping environment across all channels and the capability to deliver merchandise immediately – wherever it is needed.

Inventory Management 32

Inventory Management Management Planning Consumer 32

Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

Store Operations 241

Store Operations Shipping Fulfillment Store Layout 241

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

Inside Retail

FEBRUARY 8, 2024

It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. While some industry experts are saying that Myer’s optimistic take on its 0.1

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

JULY 22, 2022

Some of the planned improvements include barcode scanning, more efficient inventory management, easier options for adding product images and real-time support to fix any issues that come up. The upgrades are aimed at benefiting retailers as well as customers.

Customer Experience 231

Customer Experience Merchant Services Inventory Management Grocer 231

365 Retail

AUGUST 8, 2023

A smart-manufacturing report by GlobalData highlights how many supply chains have adopted new and more imaginative models to appeal to consumers, especially in fashion. Most smart glasses are not readily available in optical shops and are more often used experimentally. The post Smart Glasses – The Future of Shopping?

Shopping 52

Shopping Inventory Management Consumer Fashion 52

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 262

Merchant Services Inventory Management Grocer Customer Experience 262

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

Wiser

NOVEMBER 20, 2023

The day after Thanksgiving has traditionally marked the start of the holiday shopping season and continues to be a significant event for the retail industry. Previously known as an in-store retail holiday , the hard shift towards online shopping in recent years has made Black Friday an extremely important day for online retailers as well.

Inventory Management 147

Inventory Management Management Promotions Shopping 147

Retail TouchPoints

MAY 15, 2023

Consumers are enjoying the benefits of a hands-free, voice-activated application to help cook a recipe or shop online. Secondly, brands are lagging vis-à-vis serving “conversational consumers.” Brands must anticipate prompts from consumers and respond in various ways, which are then coded in on the back end.

Marketing 192

Marketing Inventory Management Consumer Shopping 192

Global Shop

FEBRUARY 12, 2024

Market-leading productivity can be achieved by testing and defining workflows, simplifying material ordering, ongoing training for employees, regular maintenance of machinery and equipment, and identifying bottlenecks on the shop floor. Manually building huge BOMs is a time-consuming, costly process in which mistakes are detrimental.

Shopping 52

Shopping Inventory Management Bar Codes Drop-Shipping 52

Retail Focus

MARCH 6, 2024

Expert Manager at Univers Retail | Published author | Visiting lecturer. In the digital age, luxury retail is facing unprecedented challenges, including the proliferation of counterfeit goods and the increasing shift to online shopping. The adoption of blockchain has a significant impact on both consumers and retailers.

Inventory Management 147

Inventory Management Fashion Customer Experience Consumer 147