Retail TouchPoints

FEBRUARY 5, 2021

Additionally, there will be a wave of returns that will need to be properly managed and tracked in a way that promotes profitability and customer satisfaction. Finally, the first half of January brings an additional peak season for retailers as customers make their way online or into stores for gift card redemptions.

Payment Services 171

Payment Services Returns Specialty Retailers Promotions 171

Retail TouchPoints

NOVEMBER 18, 2021

Furthermore, a global supply chain crisis and labor shortages are likely to limit the ability to keep stores stocked throughout the fall holiday shopping season and spur increased consumer demand. Recent data shows that people plan to buy more gifts and spend more money than they did in 2020. Embrace the Need for Speed .

Supply Chain Management 223

Supply Chain Management Fulfillment Shipping Inventory Management 223

Retail TouchPoints

OCTOBER 1, 2022

Now is the time for interested third parties to plan their strategy for entering the cannabis sector, according to Walsh. However, demand for multiple fulfillment options isn’t the only way cannabis sales are beginning to reflect the rest of retail. They’re curious, and they’re saying, ‘What are the opportunities?

Customer Experience 292

Customer Experience Consumer Promotions Planning 292

Retail TouchPoints

NOVEMBER 4, 2021

toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. Some of the most popular gift-giving categories are those experiencing the highest levels of inflation, including electronics , toys and apparel.

Consumer 255

Consumer Merchant Services Payment Services Drop-Shipping 255

Mass Relators

MAY 31, 2022

Dollar General has promoted a number of executives across various corporate functions, in a move the company says reflects its culture of employee growth and development, as well as its prioritization of leadership diversity. Matthew Simonsen has been promoted to senior vice president of real estate and development, for example.

Promotions 52

Promotions Employee Engagement Store Operations Management 52

Retail TouchPoints

MARCH 9, 2022

We have all seen beautiful and edgy store designs, but how did their performance last over the long term? The in-store experience can no longer be about restocking shelves and hoping for the best.

Fulfillment 220

Fulfillment Jewelry Location Consumer 220

Inside Retail

SEPTEMBER 15, 2021

Trax is enabling its retailer customers to leverage and thereby optimise their in-store execution strategy and product availability. “We With Trax data and insights, customers gain granular, SKU-level visibility to changing store conditions and this is enabled by our technology platform based on computer vision and machine learning.

Inventory Management 130

Inventory Management Promotions Consumer Supermarket 130

Retail TouchPoints

FEBRUARY 1, 2021

Others didn’t plan to have them in the works for another one to three years. Suddenly, with physical stores forced to shutter, companies had to turn on a dime to provide these services. Nordstrom, for example , is now turning its Nordstrom Rack off-price stores into online order pickup locations for all of its banners.

Customer Experience 271

Customer Experience Checkout Consumer Marketing 271

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

You may want to consider creating a hashtag for people who want to tweet their latest photos or hire a social media influencer to promote your brands, customer stories, catalogs, new arrivals, etc. New Look Stores. Emphasizing micro-fulfillment & smart delivery. Personalization in the data mining age.

Retail Trends 94

Retail Trends Consumer Payment Services Fulfillment 94

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact?

Markdowns 245

Markdowns Retailing Pricing Promotions Fulfillment 245

Retail TouchPoints

OCTOBER 12, 2021

Now the retailer is ready to resume rolling out more enhanced brick-and-mortar locations, starting with recent store openings in Paramus, N.J. Over the next seven to eight years , the retailer plans to refresh its entire fleet of 850 stores. and Sherman Oaks, Calif. It’s a conversation every day: What are we doing well?

Customer Experience 239

Customer Experience Shipping Location Promotions 239

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?

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retalon

AUGUST 14, 2023

For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way. Modern furniture inventory software provides the insights and automation needed to manage stock for omni-channel fulfillment. You’re not alone. The bottom line?

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Retail TouchPoints

SEPTEMBER 22, 2022

There’s also the hidden cost around omnichannel operations. After a couple of years of getting really scrappy to leverage the store in new and creative ways, particularly around fulfillment, retailers are looking to figure out how to automate and create scale. Retailers are planning to cut back in one area: marketing.

Promotions 224

Promotions Fulfillment Inventory Management Drop-Shipping 224

Retail TouchPoints

NOVEMBER 3, 2020

Retailers will need to spread out their promotions so people can buy over longer periods of time, with less traffic. Also, a lot of promotional offers in the past had been focused on a deep, deep discount on a single item or category. No one wants to be caught in a “frenzy,” they want to be at a distance from each other. Keith Jelinek.

Drop-Shipping 183

Drop-Shipping Merchant Services Fulfillment Shipping 183

Retail TouchPoints

OCTOBER 14, 2022

stores to enhance the customer experience, and the combined company expects to invest $1 billion to continue raising associate wages and comprehensive benefits after close. Kroger also plans to delve deeper into retail media networks, building on its recent expansion into connected and online TV. Additionally, an incremental $1.3

Fulfillment 239

Fulfillment Promotions Planning Customer Experience 239

Retail TouchPoints

NOVEMBER 19, 2021

Stores and fulfillment centers are well staffed and our price position remains strong. Notably, Walmart didn’t kick off the holiday shopping season with October promotions like many other retailers, including rivals Target and Amazon. Customers should expect to find the items they want [at] great values.”.

Fulfillment 200

Fulfillment Shipping Planning Promotions 200

Retail TouchPoints

APRIL 6, 2023

“Generative AI functions as an enhanced cognitive engine, identifying relevant business and risk signals such as emerging customer trends, competitors’ moves, market changes or supply shortages , and suggesting appropriate adjustments in forecasts and plans in response. “By

Payment Services 208

Payment Services Supply Chain Management Supermarket Accounting 208

Retail TouchPoints

AUGUST 6, 2020

As COVID-19 continues to loom over the globe, retailers are now also assessing guidelines and developing plans to adapt their store experiences to the changing times. Now is the time to start integrating the changes we didn’t expect to see in futuristic retail stores. Employee Training And Tutorials.

Visual Merchandising 160

Visual Merchandising Promotions Location Consumer 160

Retalon

SEPTEMBER 23, 2021

Small but sophisticated, they source products globally and fulfill orders directly to customers. Non-store retailing examples: distance selling. Rather than producing infomercials, they promote products through “content” created by social media influencers and replace call centers with affiliate links. Top 3 trends.

Fulfillment 41

Fulfillment Consumer Location Store Operations 41

Retail TouchPoints

OCTOBER 7, 2020

The fact that we have a unified technology allows us to use the same processes in terms of pricing, assortment, promotions, taxes, etcetera. Hudson planned to launch a loyalty program this year called Blue for frequent travelers who rely on Hudson’s convenience stores in the U.S. and Canada.

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214

Retail TouchPoints

OCTOBER 20, 2021

Every time they sense a [demand] signal, for example a promotion that’s really taking off, they need to send that signal back to their DC to see if the DC could send, say, four times the regular volume.”. Retailers need to plan how they will react when that happens.”. Address Supply Chain Challenges with Better Demand Data.

Supply Chain Management 276

Supply Chain Management Promotions Consumer Fulfillment 276

Retail Geek

JANUARY 6, 2023

We cover many of the tactical challenges (onboarding SKUs, product content, fulfillment, and curation), as well as the opportunities of this new “CircularCommerce” space. Goodwillfinds.com is an e-commerce site, which sells previously owned merchandise, which has been donated to Goodwill. Matt: [46:34] Yeah I’m.

Merchant Services 52

Merchant Services Consumer Fashion Marketing 52