Inside Retail

JANUARY 30, 2024

These technologies are helping retailers achieve efficiencies in operational functions including staff deployment and management, customer service, shrinkage reduction and lifecycle pricing. And that’s where your Workforce Management systems come into play,” says Bretherton.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

I Vend

AUGUST 6, 2023

This data can help you determine which products are your best – and worst – sellers, to inform your product assortment decisions and stock management. Promotions – when you run promotions, you have to be able to measure their impact – which ones worked well, with which customers and locations.

Point of Sale 96

Point of Sale Inventory Management Shrinkage Promotions 96

Retail TouchPoints

MAY 31, 2022

Now we’re partnering with companies like Google, Microsoft and Amazon that manage that data processing in the cloud to power whatever it is that retailers want to do, and you can do these things with a smartphone.”. Smart mirrors are already in use at COS Beverly Hills and will roll out to additional locations later this year.

Merchant Services 347

Merchant Services Checkout Shrinkage ATS 347

Wiser

JUNE 23, 2020

Local ads on Google, SMS marketing with location-based messaging (sometimes referred to as proximity marketing), social campaigns with influencers, and other digital strategies can help you reach a wide audience and draw people into your restaurants. Maintain Consistency Across Locations. Differentiate Your In-Store Experience.

Payment Services 78

Payment Services Shrinkage Location Marketing 78

Wiser

APRIL 23, 2019

Phantom inventory is particularly challenging because your inventory management system says the products are in-stock, but the shelves are empty. There are several potential causes of phantom inventory, including: . Smartphone-enabled shoppers can be leveraged to audit retail locations on your behalf.

Shrinkage 100

Shrinkage Inventory Management Location Fulfillment 100

I Vend

FEBRUARY 6, 2023

This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98

Retail Times

MARCH 30, 2021

It’s best to use a point-of-sale or inventory system that automatically modifies inventory levels as you ring up sales, so you won’t have to worry about manually updating your database. Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98