Inside Retail

JANUARY 31, 2022

The same barcode that you use at your point-of-sale can also be scanned on a phone by the consumer so they can access a lot of information about the products they’re buying. At Woolworths, we plan to build on the potential of these barcodes to offer customers valuable information on provenance, quality and sustainability.

Markdowns 130

Markdowns Point of Sale Inventory Management Supermarket 130

365 Retail

JUNE 5, 2024

Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. Streamlining Checkout and Payments Long checkout lines are a great way to frustrate customers and lose sales. Contactless payments and mobile checkout solutions eliminate this pain point.

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

Wiser

NOVEMBER 29, 2023

Tactics often include bulk buying discounts, rebates, or incentives like free point of sale displays. Trade spend is employed in trade promotion in several ways: Discounts and Special Offers: Brands often provide markdowns on their products to retailers.

Promotions 146

Promotions Consumer Wholesale Advertising 146

M19 Retail

APRIL 14, 2021

The health crisis is accelerating the transformation of physical points of sale. The multiplication of choices induced by this model translates into a drop in productivity of the physical store space and an increase in markdowns at the end of the season to sell unsold products.

Point of Sale 52

Point of Sale Management Markdowns Accounting 52

Retalon

AUGUST 14, 2023

The Shortfalls of Traditional Retail Planning in Today’s Omnichannel Environment Many retailers today still rely heavily on traditional planning approaches that were effective in the past but now have major shortcomings in our omnichannel reality. These technologies are transforming retail planning in powerful ways.

Payment Services 41

Payment Services Fulfillment Planning Markdowns 41

Retail Prophet

JULY 18, 2022

In 1956, after almost two decades of planning, McClean’s musings became reality got when he loaded 58 metal containers in Port Newark onto the S.S. The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. A huge saving of time and labor, he thought.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59