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Bed Bath & Beyond Kicks Off $250 Million Tech Upgrade

Retail TouchPoints

As the first step in a planned three-year, $250 million technology upgrade, Bed Bath & Beyond will deploy Oracle Cloud as its Enterprise Resource Planning (ERP) solution, providing the retailer with real-time financial, supply chain and merchandising solutions.

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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

More and more, that means rethinking product development and expanding their sizing and assortment planning to represent a wider range of sizes and body shapes. But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base. billion in the U.S.

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KPIs In Retail: 7 Essential Metrics to Level Up Your Retail Game

V Count

Sales per employee Measuring sales per employee is a valuable metric to consider when planning your staff’s schedules and initiatives. Sales per sqm can tell you whether you’re making good use of your store space and fixtures and can be a good indicator of store productivity. Improve space planning & store layout.

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(Some of) the Technology that is Empowering the Customer Channel in Physical Retail

Retail Next

While the last years fueled massive improvements in researching, browsing, selecting, purchasing, returning and/or exchanging on mobile devices, tablets and desktops, the current transformation brings more intelligence and continuity to customer experiences with retailers, where the store is a fundamental part of the process. .

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A Crisis Will Always Find A Supply Chain’s Weakest Link

Retail TouchPoints

For many, departmental silos prevented forecasting and inventory teams from working together to identify patterns and relay information to store space planning teams. With organizational alignment, retailers could have reacted much faster to allot more space to essential items and get more product to customers.

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Rite Aid and RELEX expand partnership

Mass Relators

After launching RELEX’s end-to-end forecasting and replenishment solution in early 2021, Rite Aid will expand their use of RELEX to include space and floor planning, as well as space-aware replenishment for more than 2,400 stores across the country.

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VMSD’s 2021 Designer Dozen: Future Proofing

VMS

Nominated by their peers, these multidisciplinary designers, architects and visual merchandisers have demonstrated a dedication to design excellence as well as a commitment to advance the customer experience at retail in ways we are only beginning to imagine. Most days I’m consumed with space planning or reviewing drawings.