365 Retail

MARCH 27, 2024

The retail landscape has rapidly transformed, with sustainability now at the forefront of many consumers’ minds. Join us as we unveil the keys to a more sustainable and prosperous future for your retail operations. Implementing technology for better inventory forecasting is another best practice that supports sustainability.

Operating Expenses 52

Operating Expenses Inventory Management Fulfillment Management 52

Retail TouchPoints

SEPTEMBER 23, 2022

The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. Corporations manage 3PL warehouses with physical spaces and logistics teams. Do they provide a personal account manager for your business?

Fulfillment 280

Fulfillment Shipping Inventory Management Management 280

Inside Retail

JULY 6, 2023

The end-of-year peak period is a critical time for the retail industry. However, this year poses both challenges and opportunities for retailers as they prepare for end-of-year sales events. In this environment, retailers need to be strategic in how they capture consumer attention and drive sales.

Fulfillment 242

Fulfillment Shipping Promotions Returns 242

Retail TouchPoints

AUGUST 16, 2021

Returns provide brands and retailers the opportunity to delight their customers. But not all brands and retailers are seizing this opportunity. According to the National Retail Federation (NRF), the U.S. This was rendered possible as retailers and brands offered low-cost shipping, unlimited holding periods and easy returns.

Returns 335

Returns Drop-Shipping Consumer Apparel 335

Inside Retail

MARCH 24, 2023

According to senior product gurus at business management platform MYOB, Bruno Baptistella and Alistair Rennie (who respectively have assisted thousands of small businesses to refine their operations and weather such challenges), government support and pent-up demand drove exceptional growth following the pandemic.

Management 130

Management Finance Accounting Consumer 130

Retail TouchPoints

APRIL 21, 2022

That changed over the past few years as the COVID-19 pandemic and then the Russian invasion of Ukraine strained the supply chains for everything from chicken tenders to precious metals — resulting in empty shelves, delayed order shipments, reduced profit and frustrated retail customers. Traditional Supply Chains Aren’t Built for Disruptions.

Supply Chain Management 205

Supply Chain Management Planning Shipping Inventory Management 205

Retail Minded

OCTOBER 3, 2023

According to John Mac , co-founder of Australian outdoor and adventure gear brand Oz Backcountry , it’s all about finding smart ways to do things better than your competitors – especially when it comes to managing every retailer’s biggest asset: inventory. The forecasting is very flexible, too.

Outdoor 52

Outdoor Planning Management Promotions 52

Retalon

MAY 17, 2024

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. Why is forecasting in supply chain management important?

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

Wiser

FEBRUARY 29, 2024

Navigating the current retail landscape presents a unique set of challenges that retailers and brand manufacturers must face. One crucial theme addressed during a recent Customer Panel hosted by Wiser Solutions concerned the deficit of labor resources within the retail sector.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Retail TouchPoints

OCTOBER 19, 2022

Retail has managed to bounce back from the depths of the pandemic and remain strong even in the face of high inflation, and while ecommerce continues to climb, brick-and-mortar remains absolutely vital. The past two years have proven that the store is anything but dead. There’s nothing wrong with getting the basics in place first.

Shipping 241

Shipping Customer Experience Inventory Management Management 241

Rain Pros

MARCH 6, 2024

Efficient inventory management is a vital component of success for any retail store. This method entails categorizing items in a store’s inventory into three or more categories based upon their importance to the business. This strategy also leads to enhanced sales forecasting and improved resource allocation.

Inventory Management 40

Inventory Management Inventory Turnover Point of Sale Accounting 40

Inside Retail

AUGUST 25, 2022

We recently asked a number of retail leaders to share their tips for getting through an economic recession, and we received so many great responses that we decided to turn it into a multi-part series. We also had a forensic focus on our inventory stock turn. Of course, you also have to manage costs, but that’s always important.

Drop-Shipping 130

Drop-Shipping Markdowns Management Shipping 130

Retail TouchPoints

SEPTEMBER 7, 2021

In previous years, much of the activity around grocery stores and robotics involved front-of-store processes, where autonomous mobile robots (AMRs) moved up and down aisles to scan inventory levels, clean floors or scan the area for spills. The micro-fulfillment center will support the company’s online grocery operations.

Fulfillment 222

Fulfillment Inventory Management Returns Shopping 222

Retail TouchPoints

OCTOBER 21, 2021

We’re indifferent on where the shopping journey ends, where that transaction takes place ,” said Matt Madrigal, VP and General Manager of Merchant Shopping at Google in an interview with Retail TouchPoints. “It We’re Not a Retailer, We’re Not a Marketplace’.

Merchant Services 286

Merchant Services Advertising Shopping Drop-Shipping 286

Retail TouchPoints

APRIL 18, 2023

Add to that challenge the lingering, pandemic-spurred inventory disruptions and the ever-changing nature of consumer needs, and the result is an incredibly dynamic landscape for brands to navigate. So it’s critical that retailers find ways to help consumers feel confident in their brand. I’m grateful to be along for the ride.

Merchant Services 230

Merchant Services Payment Services Social Commerce Returns 230

Retail TouchPoints

DECEMBER 13, 2021

With retailers already pushing out holiday sales to entice consumers to buy early and avoid delivery delays due to supply chain congestion, one tactic that they will lean on to entice customers is buy now, pay later (BNPL). BNPL represents a permanent shift that will change retail forever, for the better.

Payment Services 240

Payment Services Consumer Returns Management 240

Retail TouchPoints

OCTOBER 15, 2020

The closure of bars and restaurants at the start of the COVID-19 pandemic meant demand at alcoholic beverage merchants, which were designated as essential retailers, spiked just as hard as it did for grocery retailers. Retail TouchPoints (RTP): The retail industry has seen much disruption in the last six months.

Management 148

Management Merchant Services Fulfillment Store Operations 148

Retail TouchPoints

APRIL 8, 2022

Product inventories have fallen to historic lows. In response to these pressures, retailers must secure product availability while balancing how much of these rising costs they can pass along at the register and how much they need to absorb to retain price-conscious consumers.

Shipping 252

Shipping Management Marketing Consumer 252

Inside Retail

JANUARY 29, 2024

For many retailers, the stretch from January to October can be financially challenging, with the aim to break even or achieve slight profit margins in November. Use unit economics to understand the cost implications of holding inventory, aiding in smarter stock-level decisions for future peak seasons.

Payment Services 130

Payment Services Customer Experience Accounting Planning 130

Retail TouchPoints

SEPTEMBER 6, 2022

Supply chain and last mile challenges have been grabbing headlines for months, and executives from Ulta Beauty , American Eagle and others shared their advice on how retailers can turn these troubles into opportunities at the Home Delivery World logistics conference. Today, companies are either disrupting or they’re being disrupted.

Fulfillment 233

Fulfillment Shipping Location Management 233

Retail TouchPoints

JANUARY 18, 2024

The technology, particularly generative AI, already is powering use cases throughout the retail enterprise, and it’s still on a strong growth trajectory, even — or perhaps especially — because the technology itself is still developing. AI could be as big a change for retail as the internet and mobile phones.

Merchant Services 257

Merchant Services ATS Customer Experience Marketing 257

Independent Retailer

SEPTEMBER 7, 2022

It can take between six and eight weeks for sales to normalize at a retailer, and in the meantime, inventory is the key metric to watch. Just like many retailers, Walmart provides forecasts to suppliers to help them plan for replenishment, but even the best-laid forecasts rarely match up with reality.

ATS 75

ATS Management Consumer Planning 75

Retail TouchPoints

JULY 31, 2020

The third quarter, under normal circumstances, is predictable for most digital marketers at large retail organizations. The good news is that many digital retail marketers are successfully operating with agility. We’re seeing successful advertising tactics arise in many retail verticals for different reasons.

Marketing 179

Marketing Beauty and Health Sporting Goods Advertising 179

Nvidia

JANUARY 24, 2022

Companies like Kinetic Vision and SF Technology use video data from cameras to optimize every step of the package lifecycle, accelerating throughput by up to 20 percent and reducing conveyor downtime, which can cost retailers $3,000 to $5,000 a minute. Leaning In. Digital Twins and Simulation. 26, at 2 p.m. 26, at 2 p.m.

Supply Chain Management 113

Supply Chain Management Management Shipping Returns 113

Inside Retail

JULY 31, 2022

Our key focus was to provide a great experience for our customers,” Giden Lim told Inside Retail. We had to do everything from managing the website, processing orders, producing the products, purchasing inventories, marketing and customer service,” said Lim. Leaning into technology. Humble beginnings. “In

Management 130

Management Consumer Customer Experience Location 130

Retail TouchPoints

APRIL 5, 2023

We’re pivoting away from being a real estate company and leaning into being an experience company,” said Stephen Yalof, CEO of Tanger Outlets in an interview with Retail TouchPoints. These efforts are paying off steadily for consumers, retail partners and Tanger Outlets alike. But how are you diversifying your retail tenant mix?

Shopping 291

Shopping Consumer Customer Experience Fulfillment 291

V Count

SEPTEMBER 15, 2022

Running a retail business is rarely an easy task, if ever. As a business owner or a store manager, you’ll face countless challenges, and turning your business into a successful one usually requires time, effort and commitment. What is a POS System and why your retail store needs one? You just need to lay the foundations right.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

Retalon

AUGUST 22, 2023

As a retailer, effectively managing your inventory is critical to the success of your business. One of the key inventory metrics retailers track is inventory turnover. Inventory turnover measures how many times a company sells and replaces its inventory during a period.

Inventory Turnover 41

Inventory Turnover Specialty Retailers Apparel Inventory Management 41

V Count

SEPTEMBER 15, 2022

Running a retail business is rarely an easy task, if ever. As a business owner or a store manager, you’ll face countless challenges, and turning your business into a successful one usually requires time, effort and commitment. What is a POS System and why your retail store needs one? You just need to lay the foundations right.

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

Wiser

JANUARY 4, 2024

This pricing strategy is common among mass producers and retailers who can mitigate the lower profit margins through high-volume sales. Moreover, reliance on high volume sales may lead to overproduction, creating inventory management issues, waste, and additional costs. appeared first on Wiser Retail Strategies.

Consumer 145

Consumer Inventory Management Marketing Management 145

Retail Minded

DECEMBER 21, 2022

By Nicole Leinbach, Founder of Retail Minded. It’s no secret that inflation and supply will continue to impact retailers and consumers alike, but what else can retail decision makers anticipate and more so, how can they best prepare for a productive and profitable year ahead? Agility Will Determine Who Gets Ahead in Retail. .

Marketing 52

Marketing Merchant Services Promotions Point of Sale 52

Rangeme

AUGUST 21, 2023

Your path may have started by selling hyper-local in mom-and-pop shops, or on a website or two, but now you feel ready to take that next step and sell through a major retailer. Before making connections with retailers through RangeMe and ECRM , take a step back and make sure you are fluent in your target retailer’s supplier guidelines.

Fulfillment 98

Fulfillment Shipping Inventory Management Business Communication 98

Retalon

FEBRUARY 15, 2024

In the fiercely competitive retail landscape, the strategic use of retail analytics insights stands as a beacon for businesses aiming to surge ahead. Retail analytics insights have morphed into a critical tool for decision-makers, striving to foster growth and customer loyalty.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

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. Stock replenishment is the process of ordering and allocating inventory to replace missing products on store shelves. So, how are retailers managing stock replenishment today?

Inventory Management 47

Inventory Management Fulfillment Markdowns Location 47

Retail TouchPoints

SEPTEMBER 28, 2020

Seasonal hiring provides a window into retailers’ priorities, and 2020 demonstrates both the COVID-19-powered growth in ecommerce and the need to operate stores and supply chains safely. Across a wide range of retailers, three trends are driving the industry’s holiday hiring strategies: The race is on for same-day delivery.

Fulfillment 293

Fulfillment Department Stores Shipping Planning 293

A1 Retail

MARCH 18, 2022

Caroline Ellis, Commercial Director of Advanced Supply Chain Group (ASCG), part of the Reconomy Group, tells A1 Retail more. Many retailers saw noticeable losses during the latest seasonal peaks after a period of delays caused by numerous supply chain challenges. 1) Think data-first.

Management 52

Management Supply Chain Management Inventory Management Returns 52

Retail Times

APRIL 6, 2021

Customers today are voting with their wallets and choosing retailers focused on creating an enhanced customer experience. Whether it’s curbside pick up, cause based marketing, or social shopping — the way retailers are doing business is rapidly evolving. But what exactly are the retail innovations that are worth investing in?

Consumer 104

Consumer Shopping Customer Experience Payment Services 104