Retail TouchPoints

JANUARY 7, 2021

Sustainability is no longer a nice-to-have for retailers. It’s a must do if they want to meet consumers’ increasing demand for brands that prioritize environmental and social responsibility. According to Nielsen, the U.S. sustainability market is projected to reach $150 billion in sales by 2021, and nearly half of consumers say they would definitely or probably change their consumption habits to reduce their impact on the environment.

Markdowns 325

Markdowns Promotions Consumer Planning 325

Retalon

JANUARY 7, 2021

Seasonal merchandise planning carries a unique challenge for retailers, as product life cycles are measured in weeks or even days. . This is a problem because retailers plan their inventory months in advance — having almost no window to react to out-of-stocks or an unexpected up-lift in demand. With seasonal product life-cycles becoming ever shorter, retailers need more strategic and granular ways to plan their seasonal assortments so they can maximize revenue while minimizing markdowns.

Markdowns 41

Markdowns Promotions Accounting Planning 41

Retail TouchPoints

JANUARY 7, 2021

Farmacorp , a Bolivian pharmacy chain, will deploy Reflexis Systems ’ Q-Walk store audit solution at more than 100 stores, to streamline on-site inspections and automatically prescribe corrective tasks. This will help managers quickly understand how a specific location is performing compared to corporate expectations and peer stores, helping them prioritize which locations to visit.

Loss Prevention 278

Loss Prevention Location Customer Experience Management 278

Retail Technology Review

JANUARY 7, 2021

By Malcolm Carroll, Director, BlueFinity. The COVID-19 pandemic has impacted many sectors with retail especially having felt the repercussions of the lockdowns and Tier restrictions on their footfall and their profits.

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31

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

Checkout

Retail TouchPoints

JANUARY 7, 2021

Epson has introduced six new PowerLite laser displays for education and signage. The PowerLite L250F, L255F, L200W and L200X long-throw and PowerLite L200SW and L200SX short-throw projectors were designed to optimize existing spaces with eye-catching effects and displays. The PowerLite L255F (black) and PowerLite L250F (white) laser projectors were specifically designed for signage applications, and they come equipped with a suite of creative tools and the capability to deliver up to 500 inches

Management 263

Management Store Operations 263

Retail Technology Review

JANUARY 7, 2021

Productsup, the ecommerce data integration company, has appointed Lisette Huyskamp as Senior Vice President of Marketing. Huyskamp will be responsible for leading all global marketing functions.

Marketing 28

Marketing 28

Nelson Blackley

JANUARY 7, 2021

It’s been clear for some time that, because of fast changing customer behaviours, retailers can no longer rely on conventional customer loyalty or traditional shopping habits to have shoppers either choose to visit or return to their stores. Increased competition in most retail sectors in the UK, combined with an almost exponential growth in customer choice not only from where, but how and when, product can be purchased, means customer loyalty is much less tangible than twenty or thirty years ag

Consumer 40

Consumer Shopping Accounting Promotions 40

Retail TouchPoints

JANUARY 7, 2021

Ready to leave the noise and chaos of 2020 behind and focus on moving ahead? Tune in to hear Retail TouchPoints’ Editorial Director, Andrew Gaffney chat with Ravi Panjwani of Brother Mobile Solutions about a three-pronged strategic approach that will help retailers tackle their most pressing challenges today. During this discussion, Ravi and Andrew will discuss ways to: Empower physical stores to compete with growing online sales using a solid, adaptable pricing strategy; Safely and quickly serv

Returns 220

Returns 220

Retail TouchPoints

JANUARY 7, 2021

The last major video rental chain in operation, Family Video , is shuttering all of its remaining stores, calling it quits as the pandemic continues to wreak havoc on businesses and personal lives alike. In 2020, the company closed almost half of its 500+ stores, ending the year with approximately 250 stores. Now, the impact of COVID-19, “not only in foot traffic, but also in the lack of movie releases, pushed us to the end of an era,” said President Keith Hoogland in a statement published on th

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Retail TouchPoints

JANUARY 7, 2021

In a move that will affect 40% of its workforce, Wayfair raised its minimum wage to $15 per hour for all full-time, part-time and seasonal employees in the U.S., effective Jan. 3, 2021. “Throughout the challenges of the past year, we rolled out numerous initiatives to support our team including pay premiums, bonuses and a family dinner program,” said Niraj Shah, CEO of Wayfair in a statement.

ATS 151

ATS 151

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Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

Management

Retail TouchPoints

JANUARY 7, 2021

Ecommerce optimization platform Ideoclick has launched Share of Search, a solution designed to help CPG brands target Amazon shoppers based on their behavior. The tool utilizes Amazon search share analytics and competitive benchmarking to help retailers implement search-based strategies that can grow their market share. The heart of the solution is Customer Search Groups (CSG) — related, high-traffic keywords relevant to specific products that can identify and measure “categories” on Amazon.

Marketing 151

Marketing 151

Retail TouchPoints

JANUARY 7, 2021

Despite the biggest change to the Big Show — that it will, by necessity, be virtual rather than a physical event at New York’s Javits Convention Center — returning attendees will find much that’s familiar at NRF 2021: Retail’s Big Show – Chapter One. The 25,000 expected attendees will be able to visit more than 300 exhibitors and also sample from the 100+ sessions that will be offered over the event’s six days: Jan. 12-14, 19 and 21-22, 2021.

Returns 151

Returns Planning Management ATS 151