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McDonald’s outage underlines the risks of retailers becoming too reliant on tech

Inside Retail

McDonald’s mobile app; its human-less, order-taking kiosks; its digitised menus that change based on trends, the weather and more; and even its generative AI — together, these enable McDonald’s to eke out additional sales and efficiencies worth billions of dollars to the company, which has 40,000 locations in roughly 100 countries.

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Solving the Shopping Mall ‘Identity Crisis’ with Community Data and Careful Curation

Retail TouchPoints

I’ll need to bring my car because the footprint is so big, but I can go and run half a dozen errands on my list in one location, so that saves me time,” she explained. Mall owners have found that bringing in some of those smaller, startup type brands to a temporary space or kiosk is beneficial on both sides,” Cegielski said.

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Is the DTC business model dead, or just evolving?

Inside Retail

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. Bypassing intermediaries means brands control the trade margins through sales, marketing and inventory management. Absolutely.

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Robots, RFID tags and an incubator area: Inside Decathlon’s new Data Lab

Inside Retail

The automation of laborious and manual tasks such as inventory management through the development of new technologies in the Data Lab allows our Decathlon teammates to do what they find most meaningful – fostering relationships with customers. IR: Will the Labs roll out elsewhere across Decathlon’s markets?

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The Impact of AI Technologies on Retail: Examining Benefits and Transformations in Shopping

V Count

Then, we’ll talk about how all types of retail businesses can use AI, from improving inventory management to customizing customer experience. Therefore, embracing AI technology is not just a luxury but a necessity for retailers who wish to stay ahead in the competitive market. Let’s take a closer look!

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Online vs. Offline Retail – Blurring the Line between Bricks and Clicks

Retalon

The debate over bricks (physical locations) versus clicks (online stores) has long centered on several key factors, including: – Cost efficiency. – Ease and efficiency of taking products to market. This could involve physical and online outlets, as well as kiosks, mobile apps, social media, and 3rd-party marketplaces.

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Retail AI & Predictive Analytics Blur the Line between Bricks and Clicks

Retalon

The debate over bricks (physical locations) versus clicks (online stores) has long centered on several key factors, including: – Cost efficiency. – Ease and efficiency of taking products to market. This could involve physical and online outlets, as well as kiosks, mobile apps, social media, and 3rd-party marketplaces.