Retail TouchPoints

MARCH 1, 2021

Brands and retailers often use reviews, ratings and other types of content to boost consumers’ confidence about a pending purchase. We want to provide our members with what they need and want, but out-of-stocks still happen, so we wanted to simplify our out-of-stocks page,” said Mancilla.

Consumer 288

Consumer Social Commerce Promotions Planning 288

Retail Focus

DECEMBER 3, 2023

There is little doubt over this statement, with some jobs at higher risk than others, but if we focus in on the retail sector, what might this mean for the market? While we may be some way off robots manning the tills, there are certainly elements of AI beginning to creep into retail.

Advertising 147

Advertising Shopping Promotions Checkout 147

Retail TouchPoints

DECEMBER 16, 2020

Gandhi was one of the speakers on the Retail TouchPoints webinar titled Achieving Supply Network Resilience: The 3 Benefits of Location Intelligence , now available on-demand. He joined two speakers from sponsor company Esri : Gary Sankary, Retail Industry Manager, and Cindy Elliot, Head of Commercial Industry Marketing.

Location 279

Location Customer Experience Wholesale Accounting 279

Inside Retail

OCTOBER 13, 2021

Supply bottlenecks, slower product deliveries and higher freight and labour costs risk shifting the fast fashion industry into the slow lane, as shown this week by British online fashion retailer Asos. Attention will focus on Thursday on Fast Retailing, the Japanese parent of Uniqlo, when it reports quarterly financial results.

Fashion 130

Fashion Fast Fashion Apparel Shipping 130

Inside Retail

JUNE 29, 2021

With four major Australian cities plunged into lockdown this week, essential retail businesses are under pressure on almost all sides of the country. But have grocery retailers learned from the lockdowns of the last year and are they better prepared to deal with panic buying this time around?

Supermarket 230

Supermarket Consumer Checkout Management 230

365 Retail

JUNE 27, 2022

For fast-scaling e-commerce retailers, saving time often ranks as a top reason for outsourcing the picking, packing and delivery of their shoppers’ orders. Uniquely, the international fulfilment provider wanted to improve its app so that e-commerce retailers actually used it less. 1) How will you manage stock inventory?

Fulfillment 122

Fulfillment Technical Support Inventory Management Management 122

Retail Focus

SEPTEMBER 21, 2023

Misjudging the quantities of perishables to stock could lead to an abundance of waste if the goods are not consumed before going bad or missed sales opportunities if you run out. Furthermore, consider regular stock checks at stipulated intervals in order to identify any variances sooner rather than later.

Inventory Management 130

Inventory Management Management Accounting Point of Sale 130

Inside Retail

SEPTEMBER 15, 2021

With the retail environment across Asia changing so fast, retailers and consumer-product manufacturers are facing difficulties in predicting shopper behaviour – more so at the shelves – hence missing the opportunity to maximise revenue potential.

Inventory Management 130

Inventory Management Promotions Consumer Supermarket 130

Wiser

DECEMBER 11, 2023

Store audits play a pivotal role in ensuring the retail experience is consistently high quality, and that your brand is represented the way you intend. They aid in the monitoring of product availability, pricing accuracy, promotional execution, and overall store cleanliness. That’s where crowdsourcing comes into play.

Promotions 148

Promotions Store Operations Customer Experience Location 148

Inside Retail

MARCH 14, 2023

Inside Retail : Can you tell us a bit about Mwave, and where it sits within the electronics retail sector? Inside Retail : Can you tell us a bit about Mwave, and where it sits within the electronics retail sector? The major electronics retailers, like JB Hi-Fi, Officeworks, and Harvey Norman, sell mass-market products.

Shipping 130

Shipping Marketing Management Point of Sale 130

365 Retail

JANUARY 17, 2024

Rapid growth in e-commerce presents plenty of opportunity for retailers but can also prove a big challenge that leaves small and medium-sized businesses behind. The most recent ONS Retail Sales data (Great Britain, January 2022) shows that the proportion of online sales in the UK stands at 25.3%.

Shipping 52

Shipping Inventory Management Fulfillment Supply Chain Management 52

Wiser

MARCH 3, 2020

Hundreds of b rands, retailers, man ufacturers, and others met up in Dallas for three days of networking and educational seminars. . In general, that meant a display, promotion, or planogram was not set up properly inside a brick- and-mortar retailer. . 3: Out-of-Stocks . 1: In-Store Execution .

Management 128

Management ATS Marketing Promotions 128

Wiser

MARCH 7, 2024

With the global pandemic acting as a catalyst for change, retailers have been thrust into a new realm of challenges and opportunities. A recent panel hosted by Wiser Solutions shed light on these critical developments, bringing together top retail leaders across the industry.

Customer Experience 78

Customer Experience Inventory Management Promotions Management 78

Retail TouchPoints

JULY 13, 2020

In practice, most out-of-box WMSs are not capable of managing the volume and complexity of workloads required in today’s retail environment. The migration to digital retailing has changed the customer journey, creating a shift to an omnichannel sales approach. Theoretically. Set Default Levels Using Demand Prediction.

Inventory Management 150

Inventory Management Management Promotions Customer Experience 150

Wiser

OCTOBER 27, 2020

Any brand or manufacturer’s understanding of the online retail landscape would be incomplete without knowing how dropshipping impacts their pricing strategies. Dropshipping is a strategy where a retailer owns all the usual parts of the process for a specific brand but doesn’t actually stock the inventory for that brand.

Advertising 78

Advertising Fulfillment Drop-Shipping Wholesale 78

365 Retail

NOVEMBER 16, 2023

In today’s retail world, customers expect personalised experiences – and will spend more if they get them, according to McKinsey. To deliver on these high expectations, physical retailers need to know more about their customers. To deliver on these high expectations, physical retailers need to know more about their customers.

Advertising 52

Advertising Promotions Point of Sale Checkout 52

365 Retail

OCTOBER 5, 2023

The company, whose technology enables online retailers to access and complete frictionless, end-to-end fulfilment operations, is on the cusp of introducing a comprehensive returns policy, personalised courier notifications and the promise of personalised inserts in packages to its already considerable roster.

Merchant Services 59

Merchant Services Fulfillment Returns Shipping 59

Wiser

APRIL 14, 2020

Amazon, and the legions of third-party sellers who are competing with the retail giant and each other. Many of those retailers sell the same products. You must have items in stock. If your items are out of stock, the Buy Box will be given to another seller. What is the Amazon Buy Box and Why Does it Matter?

Fulfillment 107

Fulfillment Accounting Shipping Customer Experience 107

Retalon

FEBRUARY 25, 2022

Whether losing sales to out-of-stocks, or facing overstocking costs and markdowns, inefficient stock replenishment has a huge impact on a retailer’s GMROI. Before we get into the strategies and the best practices of stock replenishment, let’s define its key facets. What is replenishment stock?

Inventory Management 47

Inventory Management Fulfillment Markdowns Location 47

Retail Times

MARCH 30, 2021

Stockouts almost always make it to the “worst nightmare” lists of retailers, and for good reason. Not only do they lead to lost sales, but out-of-stocks also result in reduced customer satisfaction and lower loyalty levels. Fortunately, though, there are a number of solutions to your out-of-stock woes.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 22, 2020

Managing a jewelry store or a fast-growing retail operation is already a daunting task when you don’t have a smart Jewelry business software system to tame the day to day operations; let alone coping with the changing dynamics of consumer trends and markets in the disruptive times.

Jewelry 120

Jewelry Point of Sale Management Consumer 120

Retail TouchPoints

JULY 30, 2020

billion , according to research from the National Retail Federation (NRF) and Prosper Insights & Analytics. billion , according to research from the National Retail Federation (NRF) and Prosper Insights & Analytics. Retail, Wholesale and Distribution leader in an interview with Retail TouchPoints.

Merchant Services 260

Merchant Services Advertising Apparel Planning 260

CJ Retail Solutions

APRIL 28, 2022

In order to stay competitive in today’s marketplace, it is imperative to design and implement a strong retail execution strategy. And utilising a retail store audit is one of the best ways for a merchandiser to capture critical field data that affects the health of their company and its products. What is a Retail Audit?

Promotions 52

Promotions Advertising Management Planning 52

Wiser

OCTOBER 11, 2022

No matter what part of the retail industry you’re in, how you price your products will have a direct effect on the success of your business. If your products are underpriced, not only will you lose out on potential profits, but shoppers may view your items as too cheap or unreliable. How Should You Price Your Products?

Drop-Shipping 147

Drop-Shipping Advertising Promotions Marketing 147

Retail Minded

JANUARY 4, 2022

Retail marketing has never been the same, especially with the changes brought about by the pandemic. With changes in digital marketing, technological trends have emerged and have proven to be beneficial in helping retailers thrive. . Retail marketing isn’t easy. Which could benefit your business and help you pursue stability?

Store Layout 98

Store Layout Promotions Marketing Retail Marketing 98

Wiser

JANUARY 25, 2022

There are two broad types of retail product placement: at the shelf level and at the store level. This is our guide on retail product placement at the shelf and store level, so you can get more out of your marketing and merchandising campaigns—and just sell better. Bring Out Your Data. It’s time to change that.

Checkout 144

Checkout Visual Merchandising Apparel Shopping 144

Indigo 9 Digital

JUNE 22, 2022

But as health restrictions enacted during the pandemic eased consumers started eating out and shopping in-stores again causing Instacart’s fire cracker growth in 2020 to look like a distant memory as Instacart’s sales growth slowed to 20% in 2021 to reach $1.8 Now, everybody is trying to figure out—where does this go? Fast delivery.

Advertising 52

Advertising Grocer Fulfillment Sporting Goods 52

Retalon

AUGUST 14, 2023

In today’s complex and fast-paced retail landscape, finding the optimal price point to maximize profits can feel like a never-ending quest. Retail dynamic pricing, powered by AI, is emerging as the compass to guide retailers through the convoluted maze of data-driven pricing strategy. No leaving money on the table.

Merchant Services 41

Merchant Services Retailing Pricing Checkout Marketing 41

Retalon

AUGUST 22, 2023

Retail merchandise planning is the strategic process retailers use to determine what products to stock, in what quantities, and where to allocate inventory across stores and e-commerce channels. It’s essentially the playbook for retail success. This leaves significant room for error.

Planning 41

Planning Merchant Services Markdowns Consumer 41

Wiser

MAY 11, 2018

What makes a retail location successful is largely based on choice. The same is true for retailers and brands that choose to use in-store performance metrics to improve their offerings. They need to know if their displays are effective, if stock levels are appropriate, and if product training is working. Where is it located?

Store Layout 60

Store Layout Promotions Target Market Location 60

Rain Pros

AUGUST 18, 2023

eCommerce has dramatically disrupted the retail sector in recent decades by changing how people shop. The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Rain Pros

AUGUST 18, 2023

eCommerce has dramatically disrupted the retail sector in recent decades by changing how people shop. The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Retail Minded

JUNE 16, 2021

A retail business has a fair share of rewards and challenges. People want to get the most out of their money by spending on relevant things that can provide them great value. . Below are some tips to help improve your retail sales forecasting. Provide analysis of retail sales trends and forecasts.

Planning 52

Planning Marketing Accounting Management 52

Retail Minded

MARCH 2, 2022

In the retail industry, robots are commonplace. Many retailers use robots as coworkers in factories, warehouses, and shops. Some even perform critical tasks to complete the entire retail process. But can Robotic Process Automation (RPA) take retail automation to the next level? Common Challenges In Retail.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

Retalon

FEBRUARY 14, 2024

The essence of retail analytics insights cannot be understated. It is the backbone shaping the future of retail enterprises. Retail analytics insights play a pivotal role in strategic decision-making. Retail analytics insights can be categorized into four types: descriptive, diagnostic, predictive, and prescriptive analytics.

Inventory Management 41

Inventory Management Management Consumer Marketing 41

Retail Insider

SEPTEMBER 20, 2021

The “just-in time” supply chain systems involving frequent deliveries had effectively done away with the need for stock rooms holding goods ahead of the next delivery, but Brexit and covid-19 have rendered this fragile infrastructure unfit for purpose. The Orbisk food waste bin in action.

Supermarket 52

Supermarket Wholesale Management ATS 52

Wiser

AUGUST 25, 2020

The fact is that brick-and-mortar retail—and the economy as a whole—will start to churn again. However, we do know a little bit about retail , and we’ve compiled the following list of tips and tricks to help you navigate the difficult task of reopening your business in the wake of COVID-19. Keep reading to check out our 15 tips.

Markdowns 120

Markdowns Payment Services Promotions Drop-Shipping 120