article thumbnail

How to leverage loyalty data like a supermarket giant

Inside Retail

Understanding purchasing patterns can inform inventory management, optimise product assortment, guide store layouts, and refine promotional planning, leading to greater efficiencies. Smarter business decisions: Insights from loyalty data are invaluable for broader business strategy.

article thumbnail

Why Secure, Reliable Connectivity is Mission-Critical for Retailers

Retail TouchPoints

Point-of-sale systems, inventory management and back office operations all rely on high-speed, stable connectivity, and multi-access broadband can be the answer here. However, these innovations depend on reliable, high-speed connectivity to function seamlessly, helping to provide a smooth and immersive experience for customers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Retailers Need a Centralized Database for Business Efficiency and Growth

RETAIL MANAGEMENT SOFTWARE

Rather than having fragmented or isolated data across different stores, warehouses, or sales channels, a centralized database ensures that every bit of information—such as inventory, sales data, customer details, and vendor records—is stored in one unified system. Key Benefits of a Centralized Database for Retailers 1.

article thumbnail

Essential Tips for Grocery Store Owners to Boost Sales and Customer Loyalty

Small Biz Trends

Enhance Store Layout and Design: Create an inviting atmosphere with thoughtful product placement to improve customer experience and encourage impulse buying. Store Layout and Design Your grocery store layout and design play a crucial role in customer experience and sales.

article thumbnail

The UltimateShopper Sets New Standards: AI Theft Protection and Contactless Payment Integrated into the Shopping Trolley

365 Retail

Additionally, Gecks in-house analytics tool enables retailers to track key performance indicators (KPIs) such as customer movement patterns and dwell times, helping to prevent congestion and optimise store layouts for maximum sales efficiency.

article thumbnail

Data-Driven Decisions: Using Analytics to Perfect Your Retail Merchandising Mix

CJ Retail Solutions

You should consider both quantitative data, such as sales figures and inventory levels, and qualitative data, such as customer reviews and feedback. Utilizing point-of-sale systems, customer relationship management (CRM) tools, and social media analytics can provide you with a comprehensive view of your business landscape.

article thumbnail

Effective Retail Store Layout Merchandising Strategies for Increased Sales

Small Biz Trends

In terms of retail success , your store layout and merchandising strategies play an essential role. A well-thought-out layout directs customer flow, whereas effective visual merchandising improves product visibility. For instance, positioning key items at eye level can increase sales.