Inside Retail

FEBRUARY 26, 2024

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. It’s also important to leverage existing technology and integrate online and offline retail, to create a cohesive shopping experience no matter how your customers choose to shop.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Retail Gazette

FEBRUARY 22, 2024

Keep reading to explore how AI is reshaping the retail landscape and revolutionising the shopping experience. Personalised Shopping Experiences One of the most significant impacts of AI in retail is the ability to deliver personalised shopping experiences to customers.

Inventory Management 113

Inventory Management Checkout Inventory Turnover Promotions 113

Retail Focus

AUGUST 8, 2023

Outsourcing inventory management to experts can optimize stock levels, monitor product trends, and ensure timely replenishments. This leads to improved inventory turnover and reduced instances of overstock or stockouts.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

CJ Retail Solutions

FEBRUARY 14, 2024

It’s the art and science of arranging products in a way that maximises sales and creates an enticing shopping experience for customers. Seamless Store Layouts: A well-designed store layout can enhance the overall shopping experience and encourage customers to explore more of what you have to offer.

Store Layout 52

Store Layout Inventory Turnover Boutique Promotions 52

Retail TouchPoints

NOVEMBER 17, 2023

They also offer discounts, promotions, free shipping and other value-added services for substitute products to make them more appealing. Using substitution tactics, retailers can recalibrate inventory levels. Soliciting feedback on customer satisfaction with substitutions helps retailers refine their policies and pricing.

Customer Experience 260

Customer Experience Inventory Management Fulfillment Inventory Turnover 260

DMS Retail

JANUARY 29, 2024

By understanding customer preferences and needs within specific categories, retailers can create a personalized shopping experience, leading to increased customer loyalty and repeat business. To achieve this, thorough analysis of sales data, trends, and inventory levels is essential for effective inventory management.

Management 40

Management Inventory Turnover Promotions Inventory Management 40

Retail TouchPoints

JUNE 6, 2022

In China small local shops, known as “neighborhood retail,” are big business, generating 1.3 It is common practice for customers to shop daily for the fresh produce they need, and Missfresh’s goal is to digitize that local fresh food experience with the added convenience of doorstep delivery. A New Kind of ‘Neighborhood Retail’.

Grocer 301

Grocer Inventory Turnover Fulfillment Shopping 301