article thumbnail

Kmart MD talks Target merger, shrinkage, and adapting to customer behaviour

Inside Retail

With customers continuing to seek more value as cost-of-living pressures bite, Wesfarmers’ Kmart Group is set to benefit from shifting consumer demand, and an increasingly strong value proposition. While value for money is undoubtedly a large focus for retailers moving forward, stamping out shrinkage is another. Target of theft ?

Shrinkage 130
article thumbnail

Retail’s Last-Mile Challenge

Retail TouchPoints

In London, as shoppers return to storied Oxford and Spencer streets after long COVID-19 lockdowns, they’re being greeted by the sight of boarded-up windows and a $23.4 retailers pay for failed deliveries, or the $309 billion the industry paid in 2019 (about 20% of ecommerce sales) on returns, according to an Appriss Retail research report.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

As warehouses get greener, demand for eco-friendly packaging is soaring

Inside Retail

As consumers expect more environmentally sustainable solutions for the packaging of products and deliveries, shippers may be missing equally compelling reasons to make the switch: significant cost savings and an increase in operational flexibility. They need to move towards sustainable packaging as their consumers increasingly demand that.

article thumbnail

Zebra Technologies releases 16th Annual Global Shopper Study

Mass Relators

–   Zebra Technologies Corporation  has announced the findings of its 16 th Annual Global Shopper Study that confirmed retailers are feeling the omnichannel squeeze, particularly with managing online returns and reducing shrink caused by theft, fraud and other contributing factors.

article thumbnail

Why Every Café and Coffee Shop Needs a Linerless Sticky Label Printer

Star Miconics

Modern Labeling Technology The teams at these shops must ensure they work accurately; mistakes and shrinkage can account for 4-10% of inventory loss. Café and Coffee Shop Sticky Label Printer ROI Investing in a high-quality sticky label printer can yield substantial returns for your café or coffee shop. Is your business prepared?

article thumbnail

How Retailers Meet Tough Challenges Using NVIDIA AI 

Nvidia

and “What happens to my margins if Susie Consumer purchases three of the same dresses online and returns two?”. The $26 trillion global retail industry is undergoing accelerated change, brought on by the pandemic and rapidly changing consumer habits. ,” “What incentives can I offer to loyal workers?”

Shrinkage 115
article thumbnail

Don’t Blame Shrinkage: Why Poor Digital Strategy Might Be Responsible for Retail Uncertainty

365 Retail

Don’t Blame Shrinkage: Why Poor Digital Strategy Might Be Responsible for Retail Uncertainty While retail is a cyclical industry, it’s important to be honest about transformations, negative and positive, in the industry. Certainly, these elements make an impact. How, then, do retailers create a more “activist” frontline?

Shrinkage 113