I Vend

DECEMBER 11, 2023

Process automation – such as inventory management , tracking stock levels and re-ordering. The ‘checkout-less’ store concept which started with Amazon Go is being implemented by major retailers such as the UK’s Tesco, with their Tesco GetGo supermarket + in London. What is the difference between first-party and third-party data?

Payment Services 53

Payment Services Inventory Management Checkout Point of Sale 53

Retail Design Solutions

FEBRUARY 23, 2024

As the traditional yellow discount stickers may soon become a thing of the past, supermarkets are turning to digital price tags and high-tech stickers to provide real-time pricing updates. Currently, UK supermarkets and food retailers are responsible for approximately 300,000 tonnes of wasted food each year.

Markdowns 52

Markdowns Supermarket Inventory Management Consumer 52

Retail TouchPoints

MARCH 18, 2021

Inventory management systems aren’t aligned with the fluidity of digital demand, resulting in product shortages, embarrassing substitution fails and needlessly high fulfillment costs. How do you promote items when there is no “power aisle,” for instance? As a result, profitability for these online grocers is a challenge.

Fulfillment 174

Fulfillment Grocer Inventory Management Customer Experience 174

Inside Retail

SEPTEMBER 15, 2021

Shelf images are uploaded through an easy-to-use mobile app by a sales rep or a commissioned shopper, or IoT devices like shelf or dome cameras that take pictures of a category’s main shelf aisles or promotional areas. The Covid-19 pandemic has reduced consumers’ tolerance for out of stocks in supermarkets.

Inventory Management 130

Inventory Management Promotions Consumer Supermarket 130

Inside Retail

JANUARY 24, 2023

AI-driven technologies such as chatbots, automated customer service, and automated inventory management are set to revolutionise the retail industry and the way businesses interact with their customers. Retailers need to invest in reusable packaging systems and promote sustainable product packaging.

Fulfillment 130

Fulfillment Customer Experience Consumer Returns 130

I Vend

MAY 9, 2022

In the UK, more people are considering buying food directly from food producers , and only 32% of under-25-year-olds believe the future of food shopping will take place in a traditional supermarket, down from 58% in 2018. Promotions management – along with labelling, promotions can be used to communicate about local goods.

Promotions 52

Promotions Customer Experience Inventory Management Supermarket 52

I Vend

MAY 10, 2023

Contributing to a cashless society by implementing a POS system that enables and promotes cashless payments is a positive environmental action. Online shopping helps to drive sustainability in retail – imagine if 100 people go to their local supermarket, using their cars and producing emissions.

Payment Services 80

Payment Services Inventory Management Returns Consumer 80

Retail Minded

NOVEMBER 8, 2022

Trigo’s digital twin can be used for other purposes too, such as inventory management. . Smart cart startups in the market include Veeve , in use by Kroger and Albertsons stores; Caper , partnered with Wakefern and Canada’s Sobeys; and Shopic , used by Shufersal, Israel’s largest supermarket chain.

Checkout 97

Checkout Payment Services Inventory Management Grocer 97

365 Retail

DECEMBER 12, 2023

In August 2023, the supermarket Rede Smart launched Smart Toda Hora. Additionally, it will talk about the store’s main promotions, considering the person’s purchasing history and the products they like most.” With about 100 stores, they provide snacks to condos across Brazil.

Payment Services 57

Payment Services Checkout Store Layout Inventory Management 57

I Vend

FEBRUARY 21, 2023

The optical master data management system is at the heart of optical retail store software. Customers expect their optical retailer to be able to make suggestions and offer tailored promotions, for example, on a second pair of prescription glasses. The core of a great optical retail POS is the optical master data management system.

Fashion 52

Fashion Inventory Management Management Accessories 52

Retalon

AUGUST 22, 2023

It calculates the number of times average inventory is sold during a period. A higher turnover ratio means inventory is sold more times throughout the year. This indicates strong sales and effective inventory management practices. A lower turnover ratio means inventory sits on shelves longer before being sold.

Inventory Turnover 41

Inventory Turnover Specialty Retailers Apparel Inventory Management 41