Inside Retail

JULY 24, 2023

Consumers have changed. Global research, conducted by Kantar for Glory Global Solutions, a market leader in retail cash recycling solutions, reveals that 80 per cent of consumers consider it important for retailers to provide a choice of checkout options. But as the market has evolved, so too has the technology.

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Wiser

MAY 14, 2024

For luxury brands like Moët Hennessy, the stakes are even higher, with the brand’s prestigious reputation resting on every customer’s in-store experience. To learn more about the Commerce Execution Suite, contact us at intel@wiser.com or visit www.wiser.com.

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Store Layout Consumer Location Planning 78

Inside Retail

NOVEMBER 5, 2023

In-depth consumer research informed the rebrand. Now a new tagline, Happiness Baked Daily, reiterates that point, as does the store layout. A nostalgic new store look, led by McCartney Design, will connect customers with an open kitchen which allows them to observe the cake baking and decorating.

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Shopping Store Layout Advertising Planning 264

Inside Retail

SEPTEMBER 26, 2022

Department stores are now balancing meeting consumer demand for the long-lasting casualwear trend with the revival of occasion wear. Workwear sales are picking up as life returns to normal and stores are also adjusting their store layouts to include new emerging trends such as genderless fashion.

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Department Stores Store Layout Fashion Returns 130

Retail TouchPoints

OCTOBER 24, 2023

However, discretionary spending is expected to drop as the federal student loan pause ends in the fall, leaving consumers with less buying power and putting pressure on revenues. For example, with the growth of omnichannel orders, retail employees have needed to pick and pack items at the store level.

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Store Layout Consumer Customer Experience Returns 268

Retail TouchPoints

FEBRUARY 27, 2024

A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand. While the report primarily focuses on how AI can optimize store layouts and marketing strategies, there is an underlying message on data security.

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Payment Services Wholesale Store Layout Inventory Management 252

Wiser

AUGUST 13, 2019

Whether you achieve this goal or not can be summed up with one metric: market basket size. What is a market basket? It’s the total of a shopper’s purchases during one specific visit to your store. A small market basket size is one item—what counts as a large basket is up to you. Innovate Your Store Layout.

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Marketing Store Layout Promotions Inventory Management 103

Inside Retail

DECEMBER 17, 2023

Consumers are still feeling enormous financial pressures, and many are heading into this period with little optimism towards their finances. Such economic strain is leading to behavioural changes in the way consumers are shopping and planning their festive budgets. But this shouldn’t just be a retail race to the bottom.

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Shopping Store Layout Promotions Consumer 130

Shopper Motion

DECEMBER 28, 2022

Understanding changing consumer behavior is essential for retailers looking to stay competitive in today’s marketplace. By tracking and analyzing consumer behavior , retailers can make informed decisions about their products, services, and marketing strategies. . Gathering data on consumer behavior. .

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Retail TouchPoints

FEBRUARY 28, 2024

Analysis-ready models eliminate the need for manual data engineering, science and analysis, all of which can be time-consuming and prone to error. Here are just a few examples: Marketing Attribution model: This model helps in determining which marketing channels and campaigns are driving the most traffic and revenue.

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Inventory Turnover Supply Chain Management Store Layout Marketing 216

Retail Focus

OCTOBER 25, 2023

Retailers have continually adapted to changing consumer demands, technological advancements, and shifting societal values. These department stores were typically found in major cities, catering to urban consumers’ needs. This era was often described as consumer warfare.

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Department Stores Store Layout Specialty Store Fulfillment 162

Retail TouchPoints

FEBRUARY 15, 2021

Even the best business plans expect some bumps along the road: financial insecurity among consumers, supply chain complications, a shortage of labor or reduced in-store traffic. A Look at the Market. Although competition in the market will shift, physical store locations will remain a cornerstone of retail operations.

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Retail TouchPoints

DECEMBER 23, 2020

Spanning a variety of retail sectors, these virtual stores are being rolled out by prestige beauty brands like Charlotte Tilbury and even grocery stores like McEwan Fine Foods Don Mills, which launched a 3D virtual grocery shopping portal in Canada.

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Shopping Store Layout Marketing Shipping 208

Inside Retail

AUGUST 11, 2023

But is the retail industry really living up to the promise of creating products that all consumers, with a variety of physical, visual, and neurological needs, can use? How large is the market for accessible products? How large is the market for accessible products? billion) this year, up from $73 billion (US$47.4

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Fashion Store Layout Consumer Target Market 130

Wiser

SEPTEMBER 17, 2019

Instead, analyze these three datasets—dwell time, traffic patterns, and loyalty programs—the next time you’re planning a change, so you’ll better understand how your decisions will affect consumer behavior. Why Monitor Consumer Behavior? What better indicator of a successful initiative than how consumers respond?

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Consumer Store Layout Promotions Checkout 98

Retail TouchPoints

MAY 9, 2022

But as retailers continued to employ digital tools and platforms to support their remote workforce, they also saw new benefits that had a tangible impact on business results, including faster time to market and improved cross-functional alignment. From Manual Spreadsheets to Visual, Collaborative Tech. A Process Reset, Powered by Partnership.

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Visual Merchandising Store Layout Boutique Apparel 253

Rangeme

NOVEMBER 1, 2021

The 2021 Global Market: Fall Experience was a four-day virtual product discovery experience held October 18-22, facilitated by ECRM and powered by RangeMe. Plus, attendees got to join live educational sessions from top leaders and experts in the consumer packaged goods (CPG) and retail industry. don’t entice them.

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Marketing Beauty and Health Consumer Drop-Shipping 52

Retail TouchPoints

JANUARY 25, 2023

Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. That means brick-and-mortar is still going strong, and not just because consumers are eager to get out of the house again.

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Store Layout Sporting Goods Consumer Location 221

Retail Focus

MAY 24, 2023

Lack of product is a major problem during the holidays when most consumers are looking to buy products. This requires employees to physically check with the warehouse or cash desk for the information, which is time-consuming. This type of layout maximizes space in the store and highlights each product on display.

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Store Layout Department Stores Customer Experience Management 130

Inside Retail

FEBRUARY 8, 2022

Aldi’s latest pop-up is the second effort the business has made to showcase its wine offering, having also launched a ‘futuristic’ wine store in 2016 which saw online wine sales jump 47 per cent according to Gorkana. This latest wine store succeeded in showing off Aldi’s goods – but it was also just good marketing. “It

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Inside Retail

JULY 12, 2021

Discount supermarket Aldi is making a push into convenience with the opening this week of a Corner Store concept in North Sydney. The new store layout is designed to support smaller-basket, convenience-driven purchases, in contrast to the traditional big-box Aldi supermarket typically frequented by consumers for larger shopping trips.

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Supermarket Discount Store Store Layout Returns 264

Retail TouchPoints

FEBRUARY 21, 2024

Then the Hydra team can drill into top-performing categories and use traditional retail metrics, such as monthly performance and revenue per square foot, to further optimize the store layout, experience and services. and Penn Medicine’s Hospital in Philadelphia, with plans for further expansion in 2024 and beyond. “For

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Inside Retail

OCTOBER 17, 2021

Last Monday, on International Day of the Girl, the Lego Group announced a commitment to removing harmful gender stereotypes from all of its products and marketing going forward. . Lego isn’t the first retailer to try to downplay gender in its marketing to kids. Blue-and-pink divide.

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Store Layout Department Stores Marketing Consumer 130

Retail Focus

JANUARY 12, 2023

As much as brands experiment with pop-up store formats, concepts, or themes, they should resonate with consumers as much as they do with their identity. Is brand identity important in designing exceptional pop-up stores? This generally includes elements such as signage, colour palette, lighting, and overall store layout.

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Visual Merchandising Store Layout Customer Experience Shopping 246

365 Retail

JULY 26, 2022

With 92% of consumers claiming a clean, organised store environment will increase their probability of making a purchase, Katie Westerman, Chief Marketing & Development Officer at SBFM , explores the growing importance of hygiene and sanitation in delivering the ultimate customer experience (CX). A bright future.

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Store Layout Management Customer Experience Consumer 116

Retail Focus

AUGUST 10, 2021

Consumer spending shifted online. It has turned to digital technologies to streamline processes and adapt rapidly to market conditions. This also applies to the customer experience, where retailers must meet soaring consumer expectations to recover and prosper. Covid-19 hit the retail sector hard. Shops were closed.

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Customer Experience Store Layout Returns Consumer 246

Inside Retail

OCTOBER 10, 2023

In all these markets, the conversation is hyper-focused on inflation and its impact on the cost of living. Prices continue to rise while retailers bear the brunt of consumer ire; however, some retailers, such as Aldi, are seeing the upside as consumers seek value.

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Supermarket Store Layout Checkout Advertising 130

RETAIL MANAGEMENT SOFTWARE

DECEMBER 4, 2023

The holiday season of 2023 promises to be a mixed bag of discounts, smart spending and changes in consumer behavior. malls to charming European markets, shoppers are adjusting their spending habits in line with inflation and rising costs of living. From bustling U.S.

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Store Layout Shipping Promotions Consumer 83

Wiser

DECEMBER 5, 2023

It requires a thorough analysis of your target market, competition, and overall business goals. Understanding Loss Leader Pricing Loss leader pricing is a strategy where products are priced below market cost to stimulate other, more profitable sales. Is Loss Leader Pricing Right for You?

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Store Layout Customer Retention Consumer Marketing 78

Retail TouchPoints

MAY 31, 2021

One of the greatest challenges for retailers will be operating under new health and safety measures as consumers resume in-store shopping. Owners must ensure that their stores are safe for both employees and customers and comply with pandemic-era mandates. Store Security. So what does the future hold? Face Mask Detection.

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Store Layout Kiosk Point of Sale Advertising 149

Wiser

APRIL 10, 2023

If your product range is too narrow, then you won’t be able to meet consumer demand. Every retail store has a different assortment. Even similar stores like Lowe’s and Home Depot won’t carry the exact same products. Deciding on your product assortment isn’t as simple as it might sound.

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Dead-Stock Store Layout Visual Merchandising Planning 145

Retail Focus

NOVEMBER 7, 2023

They are creating hyperphysical retail experiences that engage multiple senses, foster community, and appeal to Gen Z consumers. They’ve recognized that shoppers are demanding more from their store experiences, particularly in the luxury segment. This data optimizes store layouts, product placements, and customer experiences.

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Clienteling Store Layout Shopping Inventory Management 147

Inside Retail

FEBRUARY 21, 2024

Consumers shopping in physical stores are seeking a more personalised and relevant engagement with retailers today, based on their needs and desires – they want more than conversations with sales associates merely trying to sell them something. It is from people walking into stores.

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Point of Sale Store Layout Shopping Accounting 130

Retail TouchPoints

FEBRUARY 9, 2022

Online retailers and brick-and-mortar stores are having a tough time keeping up with the ever-growing digital market and the audience characteristics that are developing with it. However, if customer service is excellent, 78% of consumers will do business with a company again, even after a mistake. The Omnichannel Approach.

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Shopping Payment Services Visual Merchandising Customer Experience 242

Shopper Motion

DECEMBER 29, 2022

Audience segmentation is a crucial aspect of retail media networks, as it allows retailers to tailor their marketing and advertising efforts to specific groups of consumers. For example, a grocery store might create separate campaigns for health-conscious consumers and those who are more interested in convenience.

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Store Layout Target Market Advertising Beauty and Health 52

Wiser

NOVEMBER 16, 2021

Highlight new products, enter new markets, build a captive product portfolio, or serve up temporary deals. The first positive for loss leaders is in consumer buying behavior—shoppers who feel like they’re getting a deal on one product are more likely to buy other items. 2: Launch a Product or Penetrate a Market.

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Store Layout Marketing Consumer ATS 78

Retail Focus

MAY 30, 2023

Creating a brand community has always been an important marketing concept and a valuable brand asset. A ‘ brand community ’ refers to a group of consumers who share a common interest or passion for a particular brand. These can include comfortable seats, nice lighting and well-designed store layouts. Ghalia BOUSTANI.

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Visual Merchandising Promotions Beauty and Health Store Layout 130