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Maximizing Profitability: How to Improve 4 Key Areas of the CPG Product Lifecycle

Retail TouchPoints

Consumer packaged goods (CPG) companies are obsessed with two things: maximizing revenue and minimizing operational expenses. Of the 30,000 new consumer products released each year, most of them fail. Most refer to the process as a sprint, and it is — except it’s the distance of a marathon. More effective promotions.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” Temu also operates as a manufacturer-to-consumer marketplace and offers a wide range of merchandise, from homewares to apparel.

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Why Every Retailer Needs Enterprise Resource Planning (ERP) Software?

RETAIL MANAGEMENT SOFTWARE

Enterprise Resource Planning (ERP) has become an inevitable requirement for the retail industry, regardless of the size of the business. All the data gathered by the ERP system is stored in a single database, enables easy accessibility to the data, and helps retailers plan better to overcome different challenges. Inventory management.

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Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

Retail TouchPoints

at Family Dollar stores, but even discounters are facing cautious consumer spending and employee pay raises that aren’t expected to pay off for some time. at Family Dollar stores, but even discounters are facing cautious consumer spending and employee pay raises that aren’t expected to pay off for some time.

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Retail Logistics: Boosting Efficiency and Productivity

Retail TouchPoints

Bringing the Bottom-Up Perspective into Focus CollaboMation strives to connect human workers with shop floor technology, creating a smooth interface that harnesses shop floor analytics and bridges any existing gaps that may disrupt operations. However, these solutions provide only a top-down perspective, missing the on-the-ground reality.

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Amazon results and outlook fall short as warehouse, fuel costs soar

Inside Retail

The company’s expenses swelled as it offered higher pay to attract workers. And the higher price of fuel risks diminishing consumers’ disposable income just as it is making delivery more expensive for Amazon, the world’s biggest online retailer. Amazon’s results called consumer demand into question.

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Top POS System for Independent Retailers

Independent Retailer

From the time the product is added to the store and ultimately gets purchased by the customer, their POS system manages all of the metrics involved so brands can review and plan what to order for the next season. Here are just some of the benefits of using Real Time POS’s solution: Real-Time Benefits. Real-Time Data.