Retail TouchPoints

OCTOBER 6, 2023

With the bustling holiday shopping season nearing, many brands have spent the last several months assessing their operational strengths and weaknesses, particularly in logistics and fulfillment. 4: Return rates. Returns are an inevitable part of retail. Consider the following six metrics as North Star indicators.

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365 Retail

DECEMBER 8, 2021

According to Google, online sales throughout November and December can account for up to 30% of a company’s annual sales, while peak shopping dates such as Black Friday deliver upwards of three times more traffic for online retailers. Minimising disruption during peak. The power of automation .

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Inside Retail

MARCH 17, 2022

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Buy online, return in-store. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse.

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Retail TouchPoints

JULY 26, 2021

You can’t just repurpose your B2B website and add a shopping cart to turn it into a shopping platform. You will need their talents when it comes to: Design Customer experience (CX) Search engine optimization (SEO) Web maintenance Customer engagement Product returns. Fulfillment and Returns. Digital Marketing.

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Wholesale Payment Services Fulfillment Returns 267

Retail Bound

DECEMBER 13, 2021

Ecommerce sales increased significantly into 2021 as more people shifted from physical stores to online shopping. The business reaches its peak during the holiday season and when the shipping rush is over, there is a bulk in holiday returns. This is the time for eCommerce retailers to analyze their shipments and fulfillment.

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Inside Retail

FEBRUARY 8, 2024

Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family.

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Department Stores Inventory Management Planning Returns 264

Inside Retail

SEPTEMBER 27, 2022

For more than two years into the pandemic, digital transformation and investment accelerated, and customers increasingly turned to online shopping as an alternative to traditional shopping. . However, as lockdowns and movement restrictions become more rare, what does this mean for the future of physical stores?

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Inside Retail

JANUARY 11, 2022

Retailers are now investing significant resources into logistics, deploying the latest inventory management systems, automating warehouses and hiring hundreds of hardworking staff in an effort to pick, pack and ship online orders as quickly as possible. Using this stock to fulfil online orders is known as ship-from-store. .

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Retail TouchPoints

SEPTEMBER 7, 2021

In previous years, much of the activity around grocery stores and robotics involved front-of-store processes, where autonomous mobile robots (AMRs) moved up and down aisles to scan inventory levels, clean floors or scan the area for spills. The micro-fulfillment center will support the company’s online grocery operations.

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365 Retail

JUNE 8, 2022

But with great gains come great returns. Significant revenue gets lost when mass quantities of orders are returned, leaving retailers with a ton of inventory that is then discounted, liquidated, or even thrown out. Here, we outline five fundamental approaches to building an efficient returns strategy to recoup at-risk revenue.

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Retail TouchPoints

JANUARY 30, 2023

The pickup-only store does not allow in-store shopping; instead, the store serves as an onsite warehouse designed solely for stocking, storing and bagging groceries. As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.”

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Inside Retail

AUGUST 10, 2022

With marketplaces serving as “digital malls”, shopping inspiration coming from social media content and curated experiences in high demand, brands are trying to succeed on several fronts at once. . Building a winning strategy through product catalogue selection, pricing, inventory management and great customer service.

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Retail Bound

APRIL 13, 2024

Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in. Strategic Considerations: Inventory management becomes paramount. Nate Gilmore, the VP of Marketing at Shipwire, Inc. , Nate Gilmore, the VP of Marketing at Shipwire, Inc. ,

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I Vend

OCTOBER 10, 2023

RIS has rounded up the key research carried out by expert consultants and curated it into an overview of the likely shape of this holiday shopping season. Omnichannel – a retail point of sale system that offers shoppers online/offline transactions such as Click and Collect , curbside pickup and Buy Online Return to Store (BORIS).

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Checkout Inventory Management Payment Services Returns 105

Inside Retail

MARCH 7, 2024

It is one of the world’s largest aggregators for independent and DTC brands, which sell through Verishop’s website and mobile app, and provides new ways to shop with personalised content feeds and livestream shopping. We are prioritising building and maintaining customer loyalty programs,” Santic continued.

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I Vend

OCTOBER 16, 2023

Online shopping is intrinsically more personalized – a customer can be greeted by name, shown previous orders, receive suggestions for items they might like and have their payment details stored for seamless checkout. We know that customers demand personalization, so the more you can offer it, the faster you can stride ahead.

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Checkout Inventory Management Payment Services Returns 105

Retail Focus

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. What is driving consumer returns? How long does it take to process a returned item?

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Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge. What is order fulfillment?

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Inside Retail

DECEMBER 21, 2022

According to Oracle’s latest Retail Consumer Study , 53 per cent of consumers plan to shop mostly in-store this holiday season, and an additional 25 per cent plan to shop through a combination of in-store and online channels. Not only will this help ensure margins are managed, but it will ensure customer expectations are met.

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Rain Pros

AUGUST 18, 2023

eCommerce has dramatically disrupted the retail sector in recent decades by changing how people shop. The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations.

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Rain Pros

AUGUST 18, 2023

eCommerce has dramatically disrupted the retail sector in recent decades by changing how people shop. The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations.

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Retalon

APRIL 21, 2021

Omnichannel order fulfillment that drives customer experience (and boosts profits). Although the trend towards omnichannel fulfillment is not new, the pandemic changed many retailers’ business models almost overnight, and these changes are not going away. What is omnichannel order fulfillment in retail?

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Inside Retail

JANUARY 24, 2023

After so much Covid-19 disruption and damage, the National Retail Federation’s (NRF) Big Show returned to the Big Apple with an equally big bang last week. As consumers return to stores post-pandemic, they are seeking out intuitive and personalised interactions that surprise and delight, with the option for frictionless self-service.

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Retail Gazette

OCTOBER 12, 2023

1) Optimise inbound and outbound We’re seeing a growing trend of retailers prioritising a review of their warehousing and fulfilment. ASC research last year found that just over a third (35%) of retailers were focusing on fulfilment, with this increasing to half (50%) this year.

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Payment Services Inventory Management Fulfillment Returns 52

Retail TouchPoints

JANUARY 20, 2022

The first Amazon Style store is set to open later this year at The Americana at Brand shopping mall in Los Angeles. “We We obsessed over designing a shopping experience focused on helping customers find great looks, and it led us to create Amazon Style,” said a company blog announcing the new store format.

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Inside Retail

MARCH 23, 2022

Many of them are making investments into the additional distribution space to cater for last-mile fulfilment as well as to house extra inventory to protect against shortages. Without the chains or the shops on the ground to be able to help with fulfilment and returns, it all has to come back to warehouses and warehouse hubs.”.

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Retail TouchPoints

OCTOBER 6, 2022

Among its multiple impacts, COVID-19 accelerated an elongation of the holiday shopping season that was already underway. Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that).

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Retail TouchPoints

APRIL 13, 2021

The 15 sessions, now available on demand, encompass critical areas of the retail enterprise, including: customer loyalty strategies; visual tech developments such as AR and 3D modeling; fulfillment and delivery management; the power of social networks; fast-growing Buy Now, Pay Later services; and the all-important customer experience.

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Retail Minded

APRIL 3, 2022

What’s more, according to Brightpearl researchers, 40% of US consumers claim they will only shop online in the next five years, highlighting how integral online shopping has become to the majority of Americans. Inventory management (21%). Customer relationship management (CRM) (22%). Order fulfillment (20%).

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Retail TouchPoints

OCTOBER 1, 2021

The key priority really is going to be to build back inventory levels, to make sure that you have the inventory and the shelves are stocked, or you have the fulfillment capabilities to meet the demand. ”. The most important aspect, from an inflationary standpoint, is inventory management for the customers now,” said Nemia.

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Independent Retailer

DECEMBER 9, 2022

Especially when utilizing Fulfillment by Amazon (FBA) , you can just sit back and watch as the money rolls in with little effort. FBA is a service that allows businesses to outsource order fulfillment to Amazon. They can also provide customer service and process returns for those orders. . Why is Fulfillment Important?

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Payment Services Fulfillment Wholesale Shipping 74

Retalon

SEPTEMBER 22, 2021

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. What is BOPIS? How does BOPIS work?

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Inside Retail

SEPTEMBER 15, 2021

The Covid pandemic has changed the way consumers shop and interact with brands. Trax Retail helps global brands and retailers harness the power of digitising shelves to enable the best shopping experiences for consumers. Trax’s technology can also help to harmonise inventory management with availability to optimise shelf space.

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Retail TouchPoints

JULY 28, 2020

Consumers have had their options severely limited — and the idea of returning to typical social behavior like retail shopping is now fraught with risk. That’s all great — there have been drastic improvements in product fulfillment and delivery. However, now all eyes are on the front of the house. It’s all that matters.

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Independent Retailer

JUNE 24, 2021

The driving force behind this change are consumers’ shopping habits and their perception of the environment, so much so that even their purchasing decisions are becoming increasingly influenced by a retail brand’s environmental footprint. It should not come as a surprise that more consumers are shopping online.

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Retail TouchPoints

MAY 6, 2022

Shopify will acquire fulfillment solution provider Deliverr for $2.1 With the Deliverr acquisition and integration of its 6 River Systems ’ warehouse automation technology, the ecommerce platform plans to fortify its Shopify Fulfillment Network (SFN).

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365 Retail

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. What is driving consumer returns? How long does it take to process a returned item?

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