Retail TouchPoints
OCTOBER 29, 2020
Seeking to strengthen its competitive position, Bed Bath & Beyond will introduce 10 new private label brands as it scales back its reliance on coupons. The retailer also plans to invest $250 million to improve the 450 stores that deliver 60% of the retailer’s revenue, and another $250 million for revamping its supply chain over the next three years.
RepslyBlog
OCTOBER 29, 2020
Food and beverage brokers know that managing the execution for a handful of brands across all of their retail channels is no easy task. As the link connecting their brand clients to shelf-level execution in stores, merchandisers have a huge responsibility to support the key programs of all of their brands as well as the thousands of stores they serve.
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Retail TouchPoints
OCTOBER 29, 2020
Nspire , a merchandising solutions provider, offers tools that can help retailers implement contactless checkout. The solution aims to reduce the need for face-to-face interaction by giving shoppers ways to browse, compare merchandise and make purchases using a screen. Nspire provides shop fittings made to enable the placement of touchless checkout systems anywhere in the store.
Nelson Blackley
OCTOBER 29, 2020
Every year at the start of the ‘Golden Quarter’ in October, all retailers face uncertainties about their critical sales performance leading up to Christmas. Have they committed to enough stock (but not too much) of the key selling products? Will they lose sales or profit because of competitors price reductions? Have they enough sales staff in their stores at the busiest times to meet demand?
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Retail TouchPoints
OCTOBER 29, 2020
B8ta has acquired Re:store , a startup that provides retail-as-a-service for online fashion brands with partners including Instagram brands Sezane , H&M ’s & Other Stories and Nasty Gal. The deal will help b8ta, which has focused primarily on technology, to enter the fashion and lifestyle market. Re:store offers its partners a model that lets them display products at Re:store’s shop in San Francisco, giving online brands a physical presence.
Retail TouchPoints
OCTOBER 29, 2020
Walmart will test combining store/fulfillment center locations at four existing stores, using them as test beds for new technology, digital tools and physical enhancements. The stores will focus on implementing new tools that can help speed up both customer service and order fulfillment. Each of the stores will include embedded product and technology teams that will prototype, test and iterate solutions in real time, to scale what works and scrap what doesn’t.
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Retail TouchPoints
OCTOBER 29, 2020
It has been widely reported that the Covid-19 pandemic has led to a boom in online retail. While many stores have been closed and people are stuck at home, shoppers have turned to their devices to get the products they wanted, and that is expected to continue during the holidays. Economists are predicting a flat or modest increase in holiday sales compared to 2019, but they expect a big increase in online holiday shopping.
Retail TouchPoints
OCTOBER 29, 2020
Matterport , a 3D capture and spatial data solution provider, has released Matterport for the iPhone and iPad, a tool that can enable retailers to create, edit and share high fidelity 3D digital twins of any physical space. The Matterport Capture lets companies capture a 3D environment, personalize it with embedded notes, links, labels or videos, and share it with a single click.
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