Remove retail inventory-shortages
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Inventory Shortage: Causes, Tips + The Impact on Retail (2023)

Shopify

Inventory shortages have been a long-standing problem for many companies, but it’s been especially challenging in recent months with port congestion and pandemic-related delays.

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Will Inventory Challenges be the ‘Grinch’ That Steals This Holiday?

Retail TouchPoints

Since the early days of the COVID-19 crisis, consumers have experienced product shortages at their local retailers. Panic buying of household items like toilet paper, hand sanitizer, sanitizing wipes and thermometers led to the initial shortages. Most of the early shortages were driven by changes in demand. is important.

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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

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. Yet, when COVID-19 spread across the globe, the retail industry proved more resilient than many thought it to be.

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Top 10 Contactless Trends to Watch in 2022

Retail TouchPoints

As it did with many other aspects of retail, COVID-19 gave a major boost to touchless technology applications — and enthusiasm for these solutions will continue even after the pandemic has waned, according to Greg Buzek, Founder and President of IHL Group. Retailers had wanted to do this before as a way to save on labor costs.”.

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How Technology is Helping Retailers Through the Labor Shortage

Retail TouchPoints

As the world recovers from the pandemic and consumers return to the high street, retailers are eager to capitalize on the increased footfall by providing an exceptional in-store experience. To stay afloat during the lockdown, some retailers had to let go of their in-store associates. Mobility is essential for assisted selling success.

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Whole Foods Among First Retailers to Implement AWS Supply Chain Solution

Retail TouchPoints

The service already is being used by retailers including Lifetime Brands , Traeger Grills and Whole Foods Market. We wanted a better view of when new inventory would arrive at our distribution centers nationwide,” said Leandro Balbinot, SVP and Chief Technology Officer at Whole Foods Market in a statement. “AWS

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NRF Predicts Record-Breaking Holiday Sales Despite Inventory Issues

Retail TouchPoints

Consumer purchasing power from growing income and household wealth will lead to record-breaking holiday sales this year, according to predictions from the National Retail Federation. Gift buyers are expected to shop early, extending the holiday season even as retailers grapple with inventory problems.

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