365 Retail

DECEMBER 8, 2021

According to Google, online sales throughout November and December can account for up to 30% of a company’s annual sales, while peak shopping dates such as Black Friday deliver upwards of three times more traffic for online retailers. Minimising disruption during peak. The power of automation .

Inventory Management 52

Inventory Management Management Fulfillment Supply Chain Management 52

Retail Gazette

FEBRUARY 6, 2024

The beginning of the year is traditionally a peak period for returns and 2024 has been no exception, with retailers experiencing a surge in unwanted items being sent back. The trend is being driven by several factors, including the cost-of-living crisis, with returns volumes increasing notably.

Customer Experience 52

Customer Experience Returns Inventory Management Point of Sale 52

Inside Retail

APRIL 25, 2023

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks.

Shopping 130

Shopping Payment Services Inventory Management Supply Chain Management 130

Retail TouchPoints

OCTOBER 6, 2023

With the bustling holiday shopping season nearing, many brands have spent the last several months assessing their operational strengths and weaknesses, particularly in logistics and fulfillment. 4: Return rates. Returns are an inevitable part of retail. shoppers returned more — and earlier — than in the previous holiday season.

Fulfillment 268

Fulfillment Returns Shipping Promotions 268

I Vend

JANUARY 13, 2022

iVend Retail Management Suite iVend’s retail technology helps retailers in returns management. Check out our flexible POS, loyalty program and inventory visibility systems. Learn more After the crazy busyness of the holiday shopping season comes…the crazy busyness of the returns season.

Customer Experience 98

Customer Experience Returns Management Inventory Management 98

365 Retail

JUNE 8, 2022

But with great gains come great returns. Significant revenue gets lost when mass quantities of orders are returned, leaving retailers with a ton of inventory that is then discounted, liquidated, or even thrown out. Here, we outline five fundamental approaches to building an efficient returns strategy to recoup at-risk revenue.

Returns 52

Returns Inventory Management Supply Chain Management Management 52

Retail TouchPoints

JANUARY 30, 2023

The pickup-only store does not allow in-store shopping; instead, the store serves as an onsite warehouse designed solely for stocking, storing and bagging groceries. As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.”

Grocer 312

Grocer Planning Supermarket Inventory Management 312

Inside Retail

OCTOBER 21, 2021

Australians’ shopping behaviour has evolved significantly over the past 14 months as Covid-related store closures and lockdowns accelerated the trend towards shopping across a broader range of channels, including apps and social media accounts, via smartphones, computers and tablets. .

Returns 130

Returns Merchant Services Shipping Payment Services 130

Retail Focus

MARCH 29, 2022

One of the ways in which retailers can more accurately monitor and therefore predict how consumer behaviour will change is having access to accurate data about what’s impacting the sale and return of their products. . Trying before buying’ will play a big part in contributing towards the growing volume of returns in 2022.

Consumer 211

Consumer Payment Services Inventory Management Returns 211

Retail Pro

FEBRUARY 2, 2022

The customer journey may always start with shopping, but it doesn’t necessarily end on a happily-ever-after note. Sometimes, the item just doesn’t meet expectations and the customer makes a return. The return rate for the retail industry in the U.S.

Returns 85

Returns Shopping Inventory Management Customer Experience 85

Inside Retail

APRIL 17, 2023

She believes that the inefficiencies that have existed such as a lack of representation, poor fit and high returns have been amplified by the shift to online shopping which was accelerated by Covid, fast fashion and an increasingly global world. There’s a huge amount of waste due to a mismatch of supply and demand, and poor fit.

Fashion 245

Fashion Fast Fashion Returns Inventory Management 245

Inside Retail

FEBRUARY 8, 2024

Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family.

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Inside Retail

FEBRUARY 25, 2024

Among consumer and retail sector respondents, 66 per cent said their organisations were most likely to apply generative AI in analysing customer data and creating personalised recommendations; 64 per cent will use it for trend analysis/predictive analysis for inventory management; and 40 per cent envision it helping them set competitive prices.

Inventory Management 246

Inventory Management Management Consumer Planning 246

Retail TouchPoints

JANUARY 13, 2023

A better bottom line can be achieved by minimizing returns, leveraging user-generated content (UGC) and implementing smart forecasting solutions. Visual search is designed to help people shop the way they’re used to in-store. and is one way for younger customers to shop responsibly. Minimize returns. In the U.S.,

Returns 260

Returns Consumer Inventory Management Customer Experience 260

I Vend

OCTOBER 10, 2023

RIS has rounded up the key research carried out by expert consultants and curated it into an overview of the likely shape of this holiday shopping season. Omnichannel – a retail point of sale system that offers shoppers online/offline transactions such as Click and Collect , curbside pickup and Buy Online Return to Store (BORIS).

Checkout 105

Checkout Inventory Management Payment Services Returns 105

I Vend

OCTOBER 16, 2023

Online shopping is intrinsically more personalized – a customer can be greeted by name, shown previous orders, receive suggestions for items they might like and have their payment details stored for seamless checkout. We know that customers demand personalization, so the more you can offer it, the faster you can stride ahead.

Checkout 105

Checkout Inventory Management Payment Services Returns 105

Global Shop

FEBRUARY 12, 2024

Market-leading productivity can be achieved by testing and defining workflows, simplifying material ordering, ongoing training for employees, regular maintenance of machinery and equipment, and identifying bottlenecks on the shop floor. Its old legacy system had no automation, which required all shop floor data to be back flushed.

Shopping 52

Shopping Inventory Management Bar Codes Drop-Shipping 52

Global Shop

AUGUST 29, 2023

Global Shop Solutions does. Friday Features live webinars are open to all Global Shop Solutions customers at no cost. Led by Global Shop Solutions’ most experienced ERP consultants and trainers, the webinars provide in-depth training on one specific topic each week. We always learn something in return, and that feels good.”

Shopping 52

Shopping Inventory Management Returns Management 52

Retail Focus

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. What is driving consumer returns? How long does it take to process a returned item?

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Inside Retail

SEPTEMBER 27, 2022

For more than two years into the pandemic, digital transformation and investment accelerated, and customers increasingly turned to online shopping as an alternative to traditional shopping. . However, as lockdowns and movement restrictions become more rare, what does this mean for the future of physical stores?

Payment Services 320

Payment Services Fulfillment Advertising Inventory Management 320

Retail Minded

MARCH 16, 2024

Uncovering Hidden Efficiencies: AI-Driven Inventory Management Inventory management is the backbone of retail, and AI sharpens this critical function. Implementing AI into your inventory system means smarter purchasing decisions and improved turnover rates. The result?

Checkout 98

Checkout Inventory Management Clienteling Point of Sale 98

Inside Retail

JANUARY 30, 2024

The task management solution ensures those clean and clear instructions are passed on so you get great productivity out of the employee.” 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.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Inside Retail

MARCH 7, 2024

It is one of the world’s largest aggregators for independent and DTC brands, which sell through Verishop’s website and mobile app, and provides new ways to shop with personalised content feeds and livestream shopping. We are prioritising building and maintaining customer loyalty programs,” Santic continued.

Boutique 130

Boutique Apparel Fashion Wholesale 130

Retail TouchPoints

FEBRUARY 20, 2023

Actionable data can also help retailers with inventory management across all locations. If the customer needs more information or help, these systems are particularly good at alerting retail managers to know quickly that a customer service action is needed. Tyler Wells is the North American Sales Manager for MicroTouch.

Advertising 221

Advertising Sporting Goods Returns Inventory Management 221

Retail TouchPoints

JULY 26, 2021

You can’t just repurpose your B2B website and add a shopping cart to turn it into a shopping platform. You will need their talents when it comes to: Design Customer experience (CX) Search engine optimization (SEO) Web maintenance Customer engagement Product returns. Fulfillment and Returns. Digital Marketing.

Wholesale 275

Wholesale Payment Services Fulfillment Returns 275

Inside Retail

NOVEMBER 27, 2023

This is not just a transient trend but a robust response to the changing consumer, who now craves the tactile satisfaction of in-store shopping along with the personalisation and convenience of online commerce. This is especially crucial in managing seasonal or event-driven merchandise.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

Retail TouchPoints

JANUARY 20, 2022

The first Amazon Style store is set to open later this year at The Americana at Brand shopping mall in Los Angeles. “We We obsessed over designing a shopping experience focused on helping customers find great looks, and it led us to create Amazon Style,” said a company blog announcing the new store format.

Payment Services 219

Payment Services Apparel Inventory Management Department Stores 219

I Vend

DECEMBER 8, 2021

As Christmas stories go, the one I am about to share is not quite as traditional as ‘A Christmas Carol’ or ‘It’s a wonderful life’, but as a story about shopping in 2021, it’s a really illustrative tale of the power of retail technology systems. Holly’s shopping journey was certainly complex.

Shopping 52

Shopping Returns Inventory Management Customer Experience 52

Inside Retail

JANUARY 11, 2022

Retailers are now investing significant resources into logistics, deploying the latest inventory management systems, automating warehouses and hiring hundreds of hardworking staff in an effort to pick, pack and ship online orders as quickly as possible. The rise of e-commerce has had a major impact on retail supply chains.

Fulfillment 200

Fulfillment Shipping Inventory Management Location 200

Retail TouchPoints

SEPTEMBER 7, 2021

In previous years, much of the activity around grocery stores and robotics involved front-of-store processes, where autonomous mobile robots (AMRs) moved up and down aisles to scan inventory levels, clean floors or scan the area for spills. The shift in where robots will perform automated tasks can be attributed to two things.

Fulfillment 238

Fulfillment Inventory Management Returns Shopping 238

Retail Focus

NOVEMBER 28, 2022

To conclude, brands that aimed at investing more in the social variable have replicated the experience of shopping with friends through devices, like squad shopping and group buying. . To enable real-time inventory management, brands include RFID (radio frequency identification) tags. Engaging the senses.

Customer Experience 246

Customer Experience Management Payment Services Clienteling 246

Retail TouchPoints

JANUARY 20, 2022

However, instead of relying on individual store managers to navigate local purchases, corporate procurement teams can add value by organizing the effort, evaluating and sourcing local suppliers, negotiating best pricing and delivery options, and automating the process by using technology to simplify local inventory management.

Merchant Services 230

Merchant Services Clienteling Shipping Inventory Management 230

Inside Retail

JULY 3, 2023

Generative AI is already reshaping the retail industry in profound ways and, according to industry leaders , it has the potential to transform the shopping and retail experience. She explained that her company, Shop You, tried to utilise similar virtual try-on technology about eight years ago, but it wasn’t ready-for-use at the time.

Fashion 130

Fashion Accessories Returns Visual Merchandising 130

Inside Retail

DECEMBER 5, 2023

There are literally hundreds of thousands of small independent grocery shops in Thailand, many of them without inventory management systems and occupying spaces that are distinctly lacking in glamour and décor. Big C hypermarkets typically anchor self-owned medium-sized shopping centres. Rental and service income rose 3.4

Inventory Management 130

Inventory Management Shopping Checkout Location 130

365 Retail

SEPTEMBER 17, 2023

In a constantly evolving sector, retail managers are tasked with keeping pace with the latest trends and ensuring their business achieves success and stability. This entails a deep understanding of the various facets of retail operations, from inventory management to customer service.

Management 52

Management Inventory Management Store Layout Employee Engagement 52

Retail Bound

APRIL 13, 2024

Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in. Strategic Considerations: Inventory management becomes paramount. There are also disadvantages to using the traditional inventory model. ” says Gilmore.

Drop-Shipping 98

Drop-Shipping Shipping Merchant Services Payment Services 98

Retail Gazette

OCTOBER 12, 2023

2) Interrogate the accuracy of supply chain data Being able to accurately track stock is crucial to the success of inventory management. Supply chain and stock inventory management strategies can then be adapted in plenty of time to embrace changes. About the research.

Payment Services 52

Payment Services Inventory Management Fulfillment Returns 52