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How smart new technologies are improving sales and reducing costs for retailers

Inside Retail

Salespeople on the shop floor can use these devices to seek a colleague’s assistance in locating a certain size or style of a product instead of leaving the customer alone while the salesperson finds it. Lifecycle pricing inventory management Zebra Technologies also has products focused on inventory management and Lifecycle Pricing.

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Using AI for Safety & Operations

Independent Retailer

They could then contact someone overseeing the retail location and advise them to address the matter. Cameras also act as a theft deterrent, helping companies manage loss prevention. A company called Arlo has monthly business plans starting at about $12 for a store with more than a dozen cameras.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

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. Store-specific information about curbside or in-store pickup locations. Payment, return, and exchange policies.

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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience. check out their story here).