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Understanding Furniture Inventory Management Software in 2023

Retalon

Does your retail business struggle with outdated inventory systems and cumbersome spreadsheets? Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. Furniture inventory management software offers a smarter solution. What Exactly is Furniture Inventory Management Software?

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Is the DTC business model dead, or just evolving?

Inside Retail

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ It was taken private in 2022 by Durational Capital Management after struggling to turn a profit.)

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Generative AI for Personalized Service and a Competitive Edge in Ecommerce

Retail TouchPoints

The AI boom shows no sign of slowing down, with a global market value projected to grow to more than $500 billion this year. This involves inputting key words that can result in a dead link or generating unwanted products in some cases. This allows businesses to respond quickly and effectively to the customer.

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7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

Bad inventory is an expensive problem. Trillion annually as a result of bad inventory. Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. What is bad inventory called day-to-day? Indicators you’re managing bad inventory.

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Revealed: How retailers can satisfy consumers facing cost-of-living challenges

Inside Retail

This year, while consumers are still struggling to adapt to higher prices for staple goods and services, they are still spending on discretionary items creating a retail market where brands compete fiercely for their share of the consumer’s paycheque. Finding out it’s unavailable feels like a dead end.

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In-store shopping is far from dead – but the phygital world beckons retailers

Inside Retail

Lightspeed is a single platform for point-of-sale, payment processing, inventory management and reporting which also includes tools for e-commerce and marketing. The business had to tackle a challenge encountered by many independent retailers: How to compete in a market dominated by corporate giants with cheaper offerings?

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

This includes everything from storing inventory, processing orders, picking stock, shipping packages, and delivering orders to the end consumer. And yet, failing to live up to consumer expectations can be just as deadly — especially when retail behemoths like Amazon are gobbling up market share. Vancouver).