Retalon

SEPTEMBER 11, 2020

Top-performing retailers cannot rely on inaccurate, decades-old approaches to forecasting demand. In order to optimize their inventory investments and maximize GMROII, today’s retailers need accurate demand forecasts for every SKU in every store. What is Demand Forecasting?

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Retail Dive

APRIL 3, 2023

Springs Window Fashions and Lodge Cast Iron transform demand planning with Anaplan.

Planning 105

Planning Fashion 105

Inside Retail

NOVEMBER 16, 2023

British fashion house Burberry is likely to miss its annual revenue forecast for FY24 as global luxury demand weakens, the company said in its latest report. The slowdown in luxury demand globally is having an impact on current trading,” the company said. Burberry’s shares fell almost 10 per cent in early trading.

Fashion 262

Fashion ATS Accessories 262

Retail TouchPoints

OCTOBER 31, 2023

By integrating in-store production data with the solution provider’s Fresh Retail Platform, Invafresh helps Price Chopper/Market 32 forecast more intelligently and accurately as well as manage replenishment, production and inventory. Supermarket retailer Weis Markets also began working with Invafresh in August 2022.

Supermarket 257

Supermarket Marketing Management Shopping 257

Retail TouchPoints

FEBRUARY 29, 2024

For large chain retailers, it’s a way of letting the community know that consumers are seen and that the store wants to be part of the community. Ultimately, it sounds like a no-brainer for a retailer, but managing a localized assortment can be quite complex. In a way, localization is personalization, something that the analysts at 84.51

Shopping 276

Shopping Consumer Location Planning 276

Retail TouchPoints

JUNE 6, 2023

Recommerce, the online selling of previously owned items to buyers who reuse, recycle or resell them, is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030. Without an efficient process in place, a retailer may unintentionally offer undesirable items. Opportunity #2: Better demand forecasting.

Merchant Services 270

Merchant Services Inventory Management Shipping Consumer 270

Inside Retail

MAY 7, 2024

We delivered an exceptional first quarter, led by mid-teens growth of our Crocs brand, driven by robust consumer demand both in North America and in the international market,” said Andrew Rees, Crocs CEO. ” For the full year, Crocs forecasts the group’s revenue to rise between 3 per cent and 5 per cent. .

Beauty and Health 242

Beauty and Health Finance Marketing Consumer 242

Retail TouchPoints

MAY 26, 2022

The platform was created to provide pricing recommendations and demand forecasts. The software aims to help retailers better understand where their demand is heading in order to inform operational planning and leverages pre-built visualizations and reports to help companies discover new insights, drive decisions and save time.

Planning 268

Planning 268

Retail TouchPoints

AUGUST 31, 2021

Zebra Technologies will acquire antuit.ai , a provider of AI-powered Software-as-a-Service (SaaS) solutions designed to assist with forecasting and merchandising in the retail and CPG industries. will serve as the planning and demand forecasting module within Zebra’s retail software portfolio.

Promotions 278

Promotions Planning Consumer Management 278

Retail TouchPoints

NOVEMBER 16, 2022

If retailers were starring in a movie this holiday season, it would be synonymous with the classic Tim Burton musical, The Nightmare Before Christmas. Retailers today must be agile to survive and grow market share, and new technology plays an increasingly important role. Digital Twin and Control Tower.

Planning 259

Planning Fulfillment Consumer Accounting 259

Inside Retail

NOVEMBER 6, 2023

In an era when customers are demanding more personalised interaction and service from retail staff, there is no longer any room for inefficiencies in in-store execution. That’s where intelligent tools can ease team members’ burdens of juggling faster deadlines and escalating service demands.

Inventory Management 299

Inventory Management Promotions Management Shipping 299

M19 Retail

MARCH 22, 2021

MIAMI, FLORIDA, March 22, 2021 – Mi9 Retail, the number one vendor for tier one retailers (RIS 2021 Software LeaderBoard) that enables them to automate and optimize merchandise management and retail planning is pleased to announce a strategic partnership with Planalytics, the leading provider of weather-informed demand analytics and insights.

Markdowns 40

Markdowns Inventory Management Planning Management 40

Retail TouchPoints

DECEMBER 27, 2023

Rethinking the Product Development Lifecycle For many new products, CPG leaders fixate on pre-launch and launch activities, opting to spend the bulk of their investment on things like product innovation, demand forecasting and marketing strategy. Enhanced demand planning. existing knowledge). Consider two beverage companies.

Operating Expenses 251

Operating Expenses Promotions Consumer Marketing 251

Retail TouchPoints

AUGUST 8, 2022

Walmart is acquiring Volt Systems , a solution provider that offers suppliers enhanced on-demand visibility into merchandising resources. The application is designed to deliver current store-level data, actionable analytics and shelf intelligence to help suppliers plan, forecast and optimize product assortment.

Planning 293

Planning Management 293

Retail TouchPoints

MARCH 21, 2024

In the ever-evolving landscape of ecommerce, retailers face the ongoing challenge of adapting their cloud infrastructure to meet the demands of unpredictable consumer behavior. That’s why retailers must find ways to optimize their cloud resource planning strategies ahead of a time of demand.

Planning 228

Planning Customer Experience Management Promotions 228

Retail TouchPoints

MARCH 31, 2022

Supply chain software provider ToolsGroup aims to help retailers plan and optimize sourcing and stock with the ToolsGroup Localized Assortment Planning and Allocation solution. Mi9 Retail Demand Management, which became part of ToolsGroup in November 2021, offers additional assortment planning and dynamic allocation capabilities.

Fulfillment 255

Fulfillment Planning Fashion Management 255

Retail TouchPoints

NOVEMBER 14, 2022

Retailers today are faced with mounting pressure to maximize their bottom lines while maintaining cost expectations for consumers. Many retailers are turning to AI to help boost productivity while keeping costs in check. Research finds the global market size for AI in retail is expected to grow drastically, from $4.84

Customer Experience 344

Customer Experience Marketing Promotions Returns 344

Retail Focus

DECEMBER 14, 2023

Competition is fierce in the retail sector as traditional brick-and-mortar businesses face the digital revolution. Data is key for all-sized retailers, not only to assess how far they’ve come but to provide a clear direction for the future. For retailers, this is an essential tool for managing staff, stock and promotional campaigns.

Payment Services 147

Payment Services Finance Promotions Management 147

Retail TouchPoints

SEPTEMBER 29, 2022

There are signs of a disconnect between consumers and retailers when it comes to sustainability. A recent report has found that two-thirds of consumers are willing to pay more for sustainable products than retailers expect — and reveals that consumer preference for recommerce models is also being underserved. Transparent sourcing.

Fast Fashion 353

Fast Fashion Fashion Markdowns Consumer 353

Retail TouchPoints

JULY 14, 2021

They were in high demand during the pandemic — and they were virtually impossible to find. The extreme, rapid shifts in consumer behavior during the pandemic reaffirmed several underlying issues with retailer and CPG brand collaboration.

Inventory Management 264

Inventory Management Grocer Consumer Planning 264

Retail Wire

AUGUST 24, 2023

Abercrombie & Fitch has raised its annual sales forecast after reporting strong second-quarter results that surpassed estimates. The retailer’s tight inventory control and ability to chase demand without relying heavily on promotions.

Apparel 189

Apparel Promotions 189

Inside Retail

OCTOBER 17, 2023

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Retailers must manage stock across multiple channels, from bricks-and-mortar stores to online storefronts and third-party marketplaces. Here are some reasons why: 1.

Inventory Management 182

Inventory Management Management Drop-Shipping Fulfillment 182

Retail Times

JANUARY 5, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! A leading remote-control car retailer has sped into the fast lane after choosing Inventory Planner by Sage to help cut stockouts, save time and boost revenue.

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Retail TouchPoints

JUNE 22, 2023

Toolio ’s merchandising platform is designed to automate critical workflows, provide real-time insights and enable remote collaboration, empowering retailers to make faster, data-driven decisions about their most important (and expensive) asset — inventory. Division, Department, Class).

Planning 266

Planning Location ATS 266

Retail TouchPoints

SEPTEMBER 1, 2022

At the same time, retailers are harkening back to a time in the not-so-distant past when holding too much inventory was considered an unforgivable sin. In traditional retail, you always want to minimize your inventory holding costs to avoid paying for something you might not be able to sell. Excess Inventory Eats into Profits.

Fulfillment 293

Fulfillment Supply Chain Management Management Consumer 293

Retail TouchPoints

OCTOBER 6, 2022

In particular, lockdowns pushed demand for online groceries into new territory. As well as stretching to satisfy this demand, supply chains are also dealing with inflation, the war in Ukraine and labor supply shortages. It all adds up to a challenging scenario for retailers and suppliers. billion pre-pandemic to $6.7

Inventory Management 284

Inventory Management Management Inventory Turnover Supply Chain Management 284

Retail TouchPoints

JULY 15, 2021

offers a Size Optimization solution that taps artificial intelligence (AI) and machine learning (ML) techniques to deliver size optimization precision through a Cloud-Native AI Demand Intelligence Platform.

Fulfillment 264

Fulfillment Planning ATS Customer Experience 264

Retail TouchPoints

NOVEMBER 17, 2022

The Lily AI/Pimberly partnership can help retailers gain more accurate and robust product data within their centralized product catalog to power all downstream systems. Like Lily AI, Pimberly aims to help retailers and brands increase their speed to market and quickly and efficiently launch new products to maintain their competitive edge.

Management 258

Management Marketing 258

Inside Retail

JANUARY 2, 2024

While household-name department stores are downsizing and closing their doors, multi-brand retail boutiques are succeeding by focusing on personalised shopping experiences. Multi-brand retail boutiques like Melbourne’s Filly Stable are reviving and reimagining the in-person retail experience.

Department Stores 245

Department Stores Boutique Fashion Shopping 245

Retail TouchPoints

MARCH 17, 2023

Mattress retail conglomerate Serta Simmons Bedding (SSB) — the owner of brands including Serta , Simmons , Beautyrest and Tuft & Needle — is working to transform its supply chain planning capabilities through a new partnership with Blue Yonder.

Planning 236

Planning Inventory Management Management ATS 236

Inside Retail

NOVEMBER 11, 2022

Coach handbag maker Tapestry and Ralph Lauren Corp on Thursday warned of a slowing North American demand for high-end fashion, cementing concerns that inflation was finally catching up to US luxury companies ahead of the holiday season. billion and $6.6 billion, from about $6.9 billion and $6.6 billion, from about $6.9

Fashion 246

Fashion Accessories Wholesale Consumer 246

Retail TouchPoints

OCTOBER 6, 2023

1: Demand forecasting. Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. Returns are an inevitable part of retail.

Fulfillment 294

Fulfillment Returns Shipping Promotions 294

Inside Retail

JANUARY 30, 2024

Retailers worldwide may be facing challenging times right now, but the evolution of technology – including the deployment of AI – is opening the way to dramatic improvements in productivity at all stages of the retail business model.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. Consumers are a little more cautious,” said Steve Rogers, Managing Director at Deloitte in an interview with Retail TouchPoints. “ Retailers Must Show Economic Empathy.

Payment Services 344

Payment Services Promotions Consumer Inventory Management 344

Inside Retail

MARCH 1, 2022

Seasonal holiday promotions used to be the highlight of the retail calendar. Across Easter, Christmas, Black Friday, and Valentine’s Day (to name a few), retailers and restaurant chains could count on spikes in sales thanks to intensive marketing and merchandising activity. How can predictive demand planning help retailers to survive?

Planning 130

Planning Promotions Fashion Accounting 130

Retail TouchPoints

AUGUST 27, 2020

By helping planners quickly understand changes in demand, retailers can compare multiple price and promotion scenarios to allow for better replenishment and inventory allocation for meeting variances in expected sales.

Promotions 238

Promotions Location Planning Marketing 238

Inside Retail

JANUARY 28, 2024

The Federal Government’s policies to reduce inflation and cost-of-living pressures could be the last roll of the dice for thousands of struggling retailers. Insolvency specialists are forecasting a shakeout of struggling retailers facing expected tightening economic conditions and legacy debt. per cent in 2023.

Consumer 233

Consumer ATS 233