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Endless aisles in Retail: How does it work?

Tokinomo

After the Pandemic changed the way we shop, customers are expecting a lot more from retailers. A lot of consumers got used to online shopping. However, brick-and-mortar is not dead and many shoppers still prefer to buy in-store. One of the biggest issues when shopping in-store is the low stock of products.

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The Party People aims to revamp the shopping experience with AR mirror

Inside Retail

The costume will be placed on them using augmented reality, they can then checkout on the mirror and have their shopping delivered to their home. Salakas says the mirror also has the potential to eliminate the three biggest costs for a retail business: staff, stock and rent. This story was originally published on Smart Company.

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The Importance of Using Search Data to Drive Ecommerce Success

Retail TouchPoints

This involves personalizing the entire shopping experience to fit with their affinities or preferences, such as their desire for specific brands. Nike products and related content can be given a higher weighting in their shopping journey. Informing what to stock in physical stores.

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“It’s been an awesome journey”: Marcus Crook on founding HoMie

Inside Retail

I thought there’s got to be a better way to deal with excess stock than sending it to landfills in Ghana. In 2018, we had some product left over from our VIP Days [where the brand closes its doors to the public and invites young people experiencing homelessness to shop for free HoMie garments].

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Bespoke Hat Maker Marcel Rodrigues opens pop-up on Savile Row

Retail Focus

Bespoke Hat Maker Marcel Rodrigues opened a pop-up shop at 20 Savile Row on Thursday 12 October. What’s more, his clothing line is crafted using either 100% renewable energy, sustainably sourced cloth or dead stock. Marcel brings his unique style to the tailoring district, further expanding the bespoke offering on The Row.

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Five Ways Ecommerce Retailers Can Sleep Well and Sell More This Black Friday

Retail TouchPoints

During high-volume shopping periods like Black Friday, the last thing a retailer wants to do is promote out-of-stock or limited-stock items. From there, they can promote higher-margin products or products with large stock availability. Avoid the ‘zero results’ dead end. Set up merchandising boost rules.

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No tricks: Why The Party People is bringing in AR mirrors for Halloween

Inside Retail

For instance, AR mirrors can make use of under-utilised and dead spaces – generating sales without requiring much floor space. The vision is for [the shoppable AR mirrors] to have a presence across major shopping centres. It also leverages e-commerce fulfillment, reducing the need to keep significant amounts of inventory in-store.