Retail Focus

MAY 1, 2024

The enhanced unit stocks the brand’s full range of health foods and supplements, aiming to bring customers a ‘better wellness experience’. It is located on the upper level of the centre and continues to stock Ann Summers’ full range of adult products and lingerie. million sq ft and drawing from a catchment of approximately 2.1

ATS 147

ATS Location Management 147

Inside Retail

MAY 14, 2024

Demand for charity aid is rapidly increasing amid the ongoing cost-of-living crisis in Australia, but retailers have the power to offer a helping hand and simultaneously solve their costly $2.5 This is about taking our work to reduce need and waste to the next level. billion annual deadstock dilemma. billion in rent assistance.

Wholesale 304

Wholesale Management Consumer Department Stores 304

Retail TouchPoints

JANUARY 30, 2024

Additionally, Walmart will offer stock grants of up to $20,000 annually for managers of Walmart Supercenters, with grants of $10,000 or $15,000 to those managing smaller-format Walmart stores. The retailer has had a stock purchase program that matched 15% of an employee’s purchase to a maximum of $1,800. in a blog post.

Management 245

Management Store Operations Supermarket Planning 245

Inside Retail

APRIL 7, 2024

Seljak’s blankets will be available for purchase until stocks last, with sale announcements made via its social media account and mailing list. We’re delivering keynotes, masterclasses and mentoring via educational institutions, and pursuing further education ourselves to continue our work at a systems-level,” they added.

Accounting 255

Accounting Fashion ATS 255

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. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

Inventory Management 182

Inventory Management Management Drop-Shipping Fulfillment 182

Wiser

MAY 8, 2024

Navigating the complex terrain of eCommerce inventory management, brands often grapple with one persistent challenge: out-of-stocks (OOS). Search Engine Visibility: Once an item goes out of stock, it might disappear from retailer search engines for days or even weeks, significantly reducing its sales potential upon restocking.

Inventory Management 78

Inventory Management Management Consumer Accounting 78

Wiser

MAY 1, 2024

This approach enabled the brand to gain an unprecedented level of visibility into stock levels throughout the entire promotional period, offering a clear assessment of day-to-day impacts on stock. The post Confections Brand Monitors Stock Levels with Wiser appeared first on Wiser Retail Strategies.

Promotions 78

Promotions Location Returns Consumer 78

Retail TouchPoints

SEPTEMBER 25, 2023

Just as you don’t start worrying about your hot water heater’s performance until you get shocked by an icy-cold shower, most of us — even inside the retail industry — don’t think about supply chains until they stop working. Retail TouchPoints (RTP): How are the increasing demands for fast fulfillment affecting supply chains?

Returns 295

Returns Supply Chain Management Fulfillment Customer Experience 295

Retail TouchPoints

JUNE 15, 2023

GoBolt ’s Merchant Portal is a web-based app with a suite of features designed to enable retailers to manage their orders, inventory and shipments more effectively so they can stay on top of their fulfillment and delivery operations and make better informed decisions.

Merchant Services 238

Merchant Services Fulfillment Inventory Management Shipping 238

Retail TouchPoints

FEBRUARY 1, 2024

stores, giving the company more individual points of produce distribution than any other mass retailer or grocer in the country. “This collaboration is a strategic step toward improving our operational efficiency while serving our customers with improved in-stock levels of fresh produce.”

Grocer 189

Grocer Management Consumer Merchandise Store 189

Retail TouchPoints

FEBRUARY 1, 2024

The move isn’t entirely unexpected — in 2023, the company issued releases of Yeezy stock in May and July. The decision to sell the remaining Yeezy stock rather than write it off will benefit the company’s 2024 fiscal performance. Adidas anticipates the 2024 release to generate sales of €250 million.

ATS 253

ATS Wholesale Marketing 253

Inside Retail

DECEMBER 15, 2022

Digital furniture retailer Brosa collapsed into voluntary administration on December 14. It tripled in size over this period and – according to a recent Inside Retail report – outpaced the growth of other furniture businesses in the space , such as Temple & Webster. Caught with stock.

Planning 245

Planning Fashion Returns Management 245

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.

Planning 242

Planning Location ATS 242

Inside Retail

MARCH 22, 2023

You can’t blame Australian businesses for taking on extra stock while supply chains were lagging behind,” Unleashed head of product, Jarrod Adam, said. The $231,700 figure from the report represents an average ‘overstock position’ for each company, which is the difference in value between ideal stock levels for each product, versus actuals.

Inventory Management 264

Inventory Management Accounting Management Marketing 264

Inside Retail

APRIL 29, 2024

With a career in finance, logistics, and retail, Walker is well-positioned to create a lasting impact within the retail industry through Good360. I nside Retail: Congratulations on your appointment to the board of Good360, can you share how this decision came about and what your role will involve?

Shipping 147

Shipping Finance Management Promotions 147

Inside Retail

MARCH 7, 2023

he past two years brought an unprecedented boom in M&A activity across the retail sector. Many retailers not only enjoyed record profit margins, many of those that sold their business achieved extraordinary outcomes. So how do you get your retail business ready for a transaction?

Payment Services 244

Payment Services Planning Consumer Accounting 244

Inside Retail

MAY 26, 2022

billion during the coming months as mid-year seasonal sales ramp up and excess stock is sold. The Australian Retail Association (ARA) forecasts 52 per cent of consumers shopping mid-season sales will be doing so online. Australian consumers are set to spend $8.8 million Australians will spend an average amount of $1420 each.

Accessories 290

Accessories Fashion Consumer Planning 290

Inside Retail

MARCH 1, 2023

Retail theft has hit record levels in Australia, government statistics show, putting pressure on grocery giants Woolworths Group Ltd and Coles Group Ltd that are already struggling with soaring supply costs and freight blockages. Neither state’s data specified which retailers reported theft. Store theft rose 23.7

Supermarket 356

Supermarket Payment Services Shopping ATS 356

Retail TouchPoints

DECEMBER 29, 2023

With the growing popularity of the ‘athleisure’ trend, brought on by a renewed focus on both comfort and style, sneakers and sportswear look set to dominate retail for years to come. Yet stock is nothing without the right infrastructure in place.

Apparel 228

Apparel Fulfillment Returns Fashion 228

Retail Focus

NOVEMBER 23, 2022

Four brands have launched a total of 8,740 sq ft of retail space, further diversifying the large array of shopping options available to Merry Hill visitors. The leading UK retailer stocks its classic range of products, including cards, gifts, notebooks, and other stationery supplies, all playfully crafted in Paperchase’s design-led style.

Accessories 182

Accessories ATS Fashion Location 182

Retail TouchPoints

MARCH 15, 2024

Competitors’ out-of-stock data: Using stockouts of other retailers to your advantage requires a constant intake of external data. Competitive stock monitoring provides opportunities to optimize your marketing resources. In data analysis, granularity refers to the level of detail in the data.

Inventory Management 231

Inventory Management Telecommunications Location Marketing 231

Retail TouchPoints

FEBRUARY 2, 2023

Siman Group , which operates 15 large department stores across Central America, has deployed an item-level RFID solution that has raised its inventory accuracy levels from the 65% to 70% range up to 95%. The solution also supports omnichannel offerings such as BOPIS by transforming how Siman tracks inventory across the chain.

Department Stores 227

Department Stores Management Store Operations Customer Experience 227

Retail TouchPoints

NOVEMBER 17, 2023

Retailers can expect that customers will turn to other vendors; once this happens, they’ve lost both the sale and the customer’s trust and loyalty. Applying this practice, retailers can proactively troubleshoot stockouts and delays to ensure that customers’ orders can still be fulfilled to their satisfaction in a timely manner.

Customer Experience 236

Customer Experience Inventory Management Fulfillment Inventory Turnover 236

Retail TouchPoints

APRIL 9, 2021

Like many others, retail is currently in its most testing period, yet buy online, pick up in-store (BOPIS) is currently revolutionizing the modern-day retail experience. BOPIS helps retailers provide a more accurate stock inventory and better visibility of the stock, keeping supply chains running smoothly.

Sporting Goods 305

Sporting Goods Returns Shopping Apparel 305

Inside Retail

DECEMBER 9, 2022

Retailers are suffering from ‘inventory bloat’ or too much stock. In order to de-risk and become less dependent on global providers and their delivery time frames they bought too much stock they are now struggling to sell. But more stock means more sales, doesn’t it? That’s a good thing for retailers?

Fulfillment 182

Fulfillment Management Location Advertising 182

Retail Focus

NOVEMBER 1, 2023

Phantom inventory is causing UK shoppers to experience out-of-stocks, with poor product availability negatively impacting sales and long-term customer loyalty, according to the latest data from Retail Insight , the leading provider of store operations execution software.

Grocer 147

Grocer Store Operations Supermarket Shopping 147

Inside Retail

JULY 13, 2022

Sunglasses retailer Soda Shades has been placed in administration, a victim of the global supply-chain crisis. . KordaMentha Restructuring, as voluntary administrator, has begun a sale process for the business, which sells eyewear on its own website, as well as through online fashion retailers including The Iconic. .

Fashion 246

Fashion Promotions Marketing Accessories 246

Inside Retail

JANUARY 3, 2022

“[But] we’re currently experiencing delays with some of our stock deliveries to stores… We thank our customers for their patience and apologise for the inconvenience.” The post Woolies signals NSW delivery issues as Covid cases climb appeared first on Inside Retail.

Supermarket 246

Supermarket Shopping 246

Retail Focus

AUGUST 22, 2023

With retailers facing continued supply chain disruption – from the long shadow of covid-19 to Russia’s war on Ukraine and climate change – shoppers are reporting increased levels of out-of-stock products, according to the latest data from Retail Insight , the leading provider of store operations execution software.

Grocer 130

Grocer Supermarket Store Operations Customer Experience 130

Retail TouchPoints

AUGUST 8, 2022

The application is designed to deliver current store-level data, actionable analytics and shelf intelligence to help suppliers plan, forecast and optimize product assortment. Gaining better insight into product assortment will enable the retail giant to reduce the friction caused by out-of-stocks.

Planning 275

Planning Management 275

Inside Retail

SEPTEMBER 11, 2023

Within our market, most outdoor retailers are focussed on providing value to members through discounts, and those more progressive are providing events and exclusivity,” said Kathmandu’s loyalty program manager, Elaine Nguyen.

Outdoor 264

Outdoor Marketing Management 264

Retail Gazette

MAY 7, 2024

Boohoo losses swelled to almost £160m as it encountered “difficult market conditions” caused by high levels of inflation and weakened consumer demand. Boohoo noted its inventory had risen by nearly £30m from last year, largely driven by investment in stock levels to support the opening of the US distribution centre.

Fashion 116

Fashion Returns Marketing Consumer 116

Retail TouchPoints

APRIL 4, 2023

Express has received a notification letter from the New York Stock Exchange (NYSE) informing the retailer that it is no longer within continued listing criteria due to its stock price dropping below $1 for a 30-day trading period as of March 24. Any action taken will be subject to board and stockholder approval.

Promotions 224

Promotions Fashion Planning Consumer 224

Inside Retail

MAY 13, 2024

It’s tough out there for many retailers – you don’t need me to tell you that. Retail trade figures are still steady if not slightly growing at the overall level. Unfortunately, the combination of these challenges has proved too much for some retailers. The natural question all of this spurs is ‘What can we do about it?’

Consumer 277

Consumer Advertising Marketing Shopping 277

Inside Retail

DECEMBER 8, 2021

Global fashion retailer Kookai has cut inventory counts from a few days to 30 minutes as a result of implementing radio frequency identification (RFID), from Avery Dennison at its manufacturing facilities in Fiji and Sri Lanka. This has delivered dramatic productivity improvements.

Loss Prevention 246

Loss Prevention Point of Sale Fulfillment Management 246

Wiser

APRIL 9, 2024

We’re often asked to describe, step by step, how CPG customers utilize Wiser’s platform to overcome sales challenges both at the corporate level and within the store environment. This early detection is crucial, as it may indicate a larger execution problem brewing that could affect the brand’s bottom line.

Accounting 78

Accounting Inventory Management Point of Sale Management 78

Inside Retail

MARCH 19, 2024

The brand is now able to offer customers a true omnichannel experience, including integrated stock lookups, click-and-collect and the ability to access customer information at a store level. So, understanding key sizes, locations, the right stock at the right place at the right time, will help shape our store experience,” Jackson said.

Customer Experience 243

Customer Experience Boutique Marketing Shipping 243