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.

Shopping 130

Shopping Store Layout Promotions Consumer 130

Retail TouchPoints

JANUARY 24, 2024

With this, retailers are designing store layouts with dedicated areas to showcase new and different products for varying tastes and trends, creating an ever-changing experience for shoppers. The concept of personalization is not limited to individual stores but also extends to the overall mall experience.

Returns 320

Returns Department Stores Store Layout Fast Fashion 320

Retail TouchPoints

SEPTEMBER 19, 2023

The company has successfully helped retailers like American Eagle Outfitters leverage RFID and computer vision-based inventory tracking technology to create a holistic, near-real-time view of inventory across stores to empower both associates and consumers. The pandemic accelerated new consumer behaviors, such as BOPIS.

Store Operations 268

Store Operations Shipping Fulfillment Store Layout 268

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. Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making.

Inventory Turnover 231

Inventory Turnover Supply Chain Management Store Layout Marketing 231

Wiser

SEPTEMBER 17, 2019

Will a promotion here eat into sales or lift them up? It’s normal to be a bit nervous about a change inside your stores. Why Monitor Consumer Behavior? Before diving into the metrics, it helps to look at why it’s beneficial for your business to monitor how consumers act. Will that new display drive sales?

Consumer 98

Consumer Store Layout Promotions Checkout 98

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.

Department Stores 163

Department Stores Store Layout Specialty Store Fulfillment 163

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.

Store Layout 227

Store Layout Sporting Goods Consumer Department Stores 227

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. From festive window decorations to well-organized in-store layouts, retailers aim to create an immersive and inviting atmosphere that captures the attention of shoppers. From bustling U.S.

Store Layout 83

Store Layout Shipping Promotions Consumer 83

Inside Retail

OCTOBER 10, 2023

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. It’s interesting to see both Waitrose and M&S running campaigns you’d never have seen in the past, with price promises, price matching and price-down promotions.

Supermarket 130

Supermarket Store Layout Checkout Advertising 130

Wiser

JULY 31, 2023

A planogram is a visual diagram that details where every product on a retail store shelf should be placed. It’s a strategic roadmap for retailers, guiding them on how to arrange products in a way that boosts consumer engagement and ultimately leads to increased sales. Its main aim is to maximize sales and minimize wasted space.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

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.

Dead-Stock 145

Dead-Stock Store Layout Visual Merchandising Planning 145

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. One type of layout is a forced-path layout which leads customers in a set path around the store.

Store Layout 130

Store Layout Department Stores Customer Experience Management 130

Retail Focus

MAY 30, 2023

A ‘ brand community ’ refers to a group of consumers who share a common interest or passion for a particular brand. More recently, retailers are embracing local retailing to connect with communities, support local economies, and meet the changing preferences of consumers. Physical retail can encourage developing retail communities.

Visual Merchandising 130

Visual Merchandising Promotions Beauty and Health Store Layout 130

Retail TouchPoints

NOVEMBER 5, 2020

When it comes to online merchandising, there are plenty of subtle but effective in-store tactics that can be difficult to replicate. Mannequins, store layout and even music are all curated to express your brand identity and drive a unique customer experience. . Think of video as your digital store’s mannequin. .

Checkout 222

Checkout Store Layout Promotions Accessories 222

Inside Retail

FEBRUARY 8, 2022

“It just goes to show that supermarket and grocery retailers are constantly looking for new and innovative ways to promote their products,” said Mortimer. They could have just put an ad on TV. They could have put it in a catalogue, or put up some social media posts, but they chose to do a pop-up. Creating customers.

ATS 130

ATS Supermarket Store Layout Advertising 130

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

AUGUST 13, 2019

It’s the total of a shopper’s purchases during one specific visit to your store. Even so, increasing the number of items a consumer buys during a trip to your store is incredibly important. Offer Promotions. Sales promotions are another excellent way to increase market basket size. Timed discounts.

Marketing 103

Marketing Store Layout Promotions Inventory Management 103

Wiser

NOVEMBER 7, 2022

Your next step might be to put out a promotion discounting purchases of a certain amount or higher from the same brand. Optimize Your Store Layout and Shelf Space. Your consumer research may include heat maps that show which areas are getting the most traffic and which need improvement.

Store Layout 146

Store Layout Promotions Checkout Shopping 146

Retail Minded

OCTOBER 18, 2023

In the vibrant corridors of retail environments, where consumer activity perpetually buzzes, the strategic allocation of retail space emerges not merely as a tactic but as an essential strategy, intertwining security and spending patterns.

Payment Services 59

Payment Services Visual Merchandising Store Layout Promotions 59

Retail Focus

JANUARY 12, 2023

A comprehensive brand experience is promoted from the outside and into the physical space as well as other brand touchpoints. 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.

Visual Merchandising 246

Visual Merchandising Store Layout Customer Experience Shopping 246

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.

Store Layout 148

Store Layout Clienteling Shopping Inventory Management 148

Wiser

APRIL 26, 2022

The promoting and selling strategies that retailers use to increase sales, boost profits, draw in new customers, improve customer experiences, and shape brand image are all part of merchandising. Visual merchandising strategies like marketing displays in-store or online can draw in customers and increase foot-traffic.

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

Inside Retail

OCTOBER 17, 2021

The Danish toy-maker said it will work closely with the Geena Davis Institute on Gender in Media and UNICEF as it seeks to promote more inclusive play, starting with its latest campaign ‘Ready for Girls’, which celebrates girls who rebuild the world through creative problem solving.

Store Layout 130

Store Layout Department Stores Marketing Consumer 130

CJ Retail Solutions

DECEMBER 11, 2023

Importance of retail store installation and design 1.2 Maximising layout for optimal traffic flow 3.2 Rotating merchandise to keep the store fresh and interesting Technology Integration 6.1 Incorporating digital signage for promotions 6.2 Involving employees in the design and layout decisions 9.3

Inventory Management 52

Inventory Management Point of Sale Store Layout Customer Experience 52

V Count

JANUARY 24, 2024

The pandemic altered consumer behavior worldwide, and retailers suffered significant losses during this time. After determining the conversion rate, having the store manager present during low-conversion periods can lead to identification and resolution of issues, thereby increasing the conversion rate.

Management 59

Management Store Layout Inventory Management Target Market 59

Wiser

FEBRUARY 9, 2021

Price image is defined as the perception of your prices by consumers, relative to the competition. Price image is defined as the perception of your prices by consumers, relative to the competition. Here is how many consumers determine price image: Prices of Big-Ticket Items. Discounts and Promotions.

Promotions 113

Promotions Store Layout Advertising Consumer 113

Wiser

DECEMBER 5, 2023

1: Increased Basket Sizes 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. The concept here is that items priced in the way back of the store are the loss leaders. Is Loss Leader Pricing Right for You?

Store Layout 78

Store Layout Customer Retention Consumer Marketing 78

CJ Retail Solutions

OCTOBER 16, 2023

Simultaneously, establish a realistic timeline and ensure proper store layout and design for maximum space utilisation. Train your staff to operate new equipment or systems, and focus on marketing and promotion to celebrate the relaunch of your store. Budgeting is another critical aspect.

Store Layout 52

Store Layout Point of Sale Planning Promotions 52

I Vend

DECEMBER 11, 2023

As consumer demands continue to evolve, and competition is hotter than ever, retailers are embracing innovative solutions to stay ahead. Store layouts – optimising sales by tracking shoppers and the way they navigate the store. As we move into a new year, our thoughts turn to the time ahead and what it will hold.

Payment Services 52

Payment Services Inventory Management Checkout Point of Sale 52

I Vend

FEBRUARY 9, 2024

Store layouts – optimising sales by tracking shoppers and the way they navigate the store. Scan and Go, with customers scanning their own goods, continues to grow, and as do vending machine stores, such as Mini 7-Eleven. Process automation – such as inventory management , tracking stock levels and re-ordering.

Payment Services 52

Payment Services Inventory Management Checkout Point of Sale 52

Wiser

AUGUST 17, 2018

BOGO is a great discount technique to use to appeal to consumers. Big companies such as TOMS and Chipotle have seen a lot of success with BOGO promotions. In a report from AMG , 66 percent of shoppers say that they like BOGO the most out of all discount promotions. Get on shoppers’ good sides with a Buy One, Get One promotion.

Advertising 112

Advertising Promotions Visual Merchandising Store Layout 112

Wiser

JUNE 11, 2019

This is important because strategies to build consumer loyalty can evolve depending on the channel. Free one-day shipping like what Amazon offers for millions of products is a strong eCommerce play, while buy online, pick up in-store (BOPIS) is one brick-and-mortar option. How and Why Consumers Shop. Loyalty Programs: Yes or No?

Store Layout 83

Store Layout Promotions Shipping Shopping 83

Inside Retail

JUNE 30, 2021

The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. Businesses that offer customers both physical and online store options tend to see higher customer engagement and sales. The demand for personalised customer experiences has increased.

Department Stores 246

Department Stores Merchant Services Outdoor Shopping 246

365 Retail

DECEMBER 12, 2023

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

Payment Services 57

Payment Services Checkout Store Layout Inventory Management 57

365 Retail

MAY 5, 2023

Online Retail: Personalization, Chatbots, and Predictive Analytics In the e-commerce landscape, AI has played a pivotal role in creating personalized shopping experiences for consumers. Retailers can analyze facial expressions to gain insights into customer emotions and reactions to products, displays, and store layouts.

Store Layout 80

Store Layout Promotions Inventory Management Advertising 80

Shopper Motion

DECEMBER 29, 2022

They can be time-consuming and costly. With Shoppermotion , retailers can track in-store traffic , measure the effectiveness of marketing campaigns, and optimize their store layouts and merchandising to improve sales. . Ultimately, identify peak traffic times for targeted promotions. .

Store Layout 52

Store Layout Advertising Marketing Promotions 52

Wiser

DECEMBER 8, 2020

Even if performance isn’t an issue, category resets can follow a natural cycle based on category seasonality or changing consumer tastes. Either way, if you aren’t constantly refreshing your categories based on consumer behavior and sales data, you will fall behind. That means rearranging the category to promote the new product.

Cross Merchandising 88

Cross Merchandising Visual Merchandising Store Layout Apparel 88