article thumbnail

The essential metrics your retail POS software can track

I Vend

Customer data tracking can show who responds best to which promotions, what drives loyalty customers , and how customers use different channels , helping you to create marketing campaigns that get maximum response and drive the best return on your investment. This can inform product selection, supplier selection and returns processes.

article thumbnail

Kroger’s Q4 earnings beat expectations

Mass Relators

“As customers manage macroeconomic pressures, we are lowering prices and offering even more ways to save with personalized promotions and rewards. We expect to continue our momentum in 2024 by delivering value for customers, investing in associates and generating attractive and sustainable shareholder returns.” billion. .

Insiders

Sign Up for our Newsletter

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

article thumbnail

Is Your Wine & Liquor Store Stuck in the Past? Unlock Growth with Integrated POS

I Vend

Loyalty and promotions – liquor retailers want to create loyal customers who return to the store for all their alcohol purchases. A loyalty system and tailored promotions encourage this behaviour. It enables retailers to digitize and automate key processes, such as inventory management or loyalty and promotions.

article thumbnail

Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

Between shipment variances, misplaced products, returns, and stolen goods, retailers find that the inventory numbers they have on paper (or on screen) often don’t match what they have in their stores. For more information on how to reduce shrinkage, see our previous post on beefing up security and preventing loss in your store.

article thumbnail

Stop out of stocks denting your profits this holiday season

I Vend

Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns. Supply chain management – managing supplier purchasing more efficiently can generate significant bottom line returns. So inventory management is essential.

article thumbnail

Jason & Scot Show Episode 282 – Cyberweek Recap with Salesforce’s Rob Garf

Retail Geek

Rob returns to the show for the third time ( EP249 and EP110 ) to talk about November, and especially cyber week e-commerce sales. The promotional calendar but it really started in Earnest on November first. we saw a shrinkage of 6% of product catalogs so retailers are being conservative. First cyberweek in the u.s.