Remove retail physical-inventory
article thumbnail

Dropshipping: Fashion’s favourite fulfilment method?

Inside Retail

During Covid, retailers and brands placed more inventory online. The brand keeps most of the sale, while the retailer takes a small commission. A physical concession requires the brand or supplier of goods to generate demand, to some degree. Even some of the biggest names in fashion on the ASX dropship their inventory.

article thumbnail

How retailer The Works revolutionised its omnichannel inventory management

Inside Retail

When UK and Irish discount book, games and toy retailer The Works set out to improve the accuracy and efficiency of its inventory management across its stores it turned to Zebra Technologies to revolutionise its back-end management system. They want to be able to go into a physical store and purchase it – they want that choice.

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 Want Real-Time Inventory Data

Retail TouchPoints

Ever visited a retail customer service desk looking for a specific item and been told “The system says there are three in stock, but if they aren’t on the shelf, we don’t know where they are.”? Most shoppers have been in this frustrating position at least once (and most retailers, daily). Get visibility into buying velocity.

article thumbnail

How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

article thumbnail

Digital Brands Groups Moves into Physical Retail with Plans for 50 Stores

Retail TouchPoints

Digital Brands Group (DBG) — the parent company of a collection of digital-first lifestyle brands including Bailey 44 , Harper & Jones and Sundry — will open its first physical store in March 2024 and plans to have 50 locations within the next several years. million in annual revenue and annual cash flow of over $500,000 a year.

Planning 220
article thumbnail

Mobile POS tools are a vital tool in elevating in-store customer experiences

Inside Retail

In an era of fierce competition to attract consumers’ tightening budgets, customer experience has become the key edge retailers can deploy to stand above the competition. In this day and age, that is pretty much every Australian retailer. In this day and age, that is pretty much every Australian retailer.

article thumbnail

The Click Before the Brick: How Digital Shapes Shopping

Retail Focus

Online Stores and Marketplaces Gone are the days when you had to physically visit a store to buy what you need. Online retailers use algorithms to analyze your browsing and purchase history, offering recommendations tailored just for you. Online stores and marketplaces have made it possible to shop from the comfort of your home.