Retail TouchPoints

FEBRUARY 10, 2022

Supplier diversity programs are nothing new, but recent attention to gender and race inequities have prompted many businesses to prioritize and update their initiatives on the supplier front. Supplier diversity programs, introduced with the 1953 establishment of the U.S. Kellogg Co., Consumers Want Transparency.

Supply Chain Management 224

Supply Chain Management Management Consumer Planning 224

Inside Retail

FEBRUARY 26, 2024

The retail headwinds just seem to keep coming. Retailers have endured narrowing margins and soaring rents and watched the cost of living eat into discretionary spending during a tumultuous 2023. For several retailers, it was too much. per cent and 1.8 per cent during FY24.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Retail TouchPoints

OCTOBER 26, 2022

Prior to becoming interim CEO of the troubled home goods retailer, Gove served as an Independent Director on the BB&B board and chaired its strategy committee. BB&B also hosted its first supplier summit on Oct. 26, 2022 with the hopes of fortifying its relationships with supply partners. “To

Promotions 214

Promotions Marketing Returns Planning 214

365 Retail

MARCH 25, 2024

“Fierce” competition for cash-strapped shoppers among retailers was cited by the British Retail Consortium (BRC) in February 2024 as one of the main reasons for the BRC-Nielsen Shop Price Index showing its lowest reading since March 2022. Retail systems desperately need an upgrade.”

Promotions 67

Promotions Supermarket Planning Management 67

Retail TouchPoints

JANUARY 20, 2022

The last year and a half has been tremendously disruptive to all kinds of businesses, particularly the retail industry. But through this disruption, retailers began to see that their procurement process is in many ways the linchpin for maximizing revenue and reducing spend as the economy recovers post-pandemic.

Merchant Services 220

Merchant Services Clienteling Shipping Inventory Management 220

Mass Relators

MAY 1, 2024

Dollar General believes that a diverse workplace and an inclusive culture foster an environment where the retailer’s customers, employees, vendors and communities alike can feel welcomed. That commitment is reflected in the retailer’s 2024 Diverse Supplier Awards, which the company announced recently.

Merchant Services 104

Merchant Services Management Marketing ATS 104

Retail Focus

NOVEMBER 2, 2022

MUJI, the Japanese retail company specialising in household and consumer goods, has refurbished its Angel Central store. The space is free of charge and suppliers will keep 100% of their sales. MUJI aims to continue with the Community Market initiative to help local suppliers, small businesses and charities going forward.

Management 319

Management Planning Marketing Consumer 319

Retail TouchPoints

MAY 19, 2022

With heady revenue predictions for retail media north of $100 billion and with equally impressive growth rates, it’s not surprising to see a surge of retailers opening advertising shops in attempts to capture share. How does a retailer set forth a strategy to get its piece of the fast-growing retail media pie?

Advertising 248

Advertising Accounting Returns Management 248

Inside Retail

DECEMBER 15, 2021

Retailers believe that part of their strategy in dealing with supply chain disruptions and delays must be to source new suppliers when current suppliers can’t deliver what they need. Businesses are now scrambling not only for products but also to get suppliers set up and onboarded faster as the holiday shopping season looms.

Management 130

Management Finance Shipping Shopping 130

Retail TouchPoints

MAY 10, 2023

For consumer-packaged goods (CPG) brands wanting to lead their category at major retailers, it’s critical to be strategic and adaptable with a logistics strategy. While many brands try to shave pennies off transactional transportation costs, that won’t drive long-term success in retail locations. on-time in-full.

Shipping 236

Shipping Inventory Management Location Management 236

Retail Gazette

APRIL 23, 2024

Tesco is under scrunity from the UK’s supermarket regulator, which is is closely monitoring its implementation of an “Amazon-style” fulfillment fee for online suppliers. The charges also apply to online orders fulfilled on behalf of retail and catering customers made through the grocer’s wholesale arm, Booker.

Fulfillment 76

Fulfillment Supermarket Grocer Wholesale 76

Retail TouchPoints

JANUARY 11, 2023

The beauty of the retail industry today is the number of options for brands to connect with customers. A good way for brands to ensure they are always serving the right content to the right customers at the right times is by using a CRM (customer relationship management) solution. Some may argue there are too many options.

Fulfillment 254

Fulfillment Social Commerce Management Shopping 254

Inside Retail

MARCH 5, 2024

In the realm of online shopping, retailers often perceive returns as an unavoidable inconvenience that presents them with logistical hurdles, financial burdens, and the threat of customer dissatisfaction. For over a decade, Smartech has proudly served as the trusted supplier of parcel locker solutions for Australia Post (Auspost).

Customer Experience 130

Customer Experience Returns Management Location 130

Retail TouchPoints

OCTOBER 14, 2022

Established retailers exploring how a marketplace model would best fit into their business strategy have a common question — what’s the difference between dropship and marketplace fulfillment that utilizes third-party sellers, and how can it benefit their business? The answer is, quite a lot.

Fulfillment 259

Fulfillment Management Accounting Retailing Pricing 259

Inside Retail

FEBRUARY 12, 2024

Clerc said the ongoing disruptions and market volatility emphasise the need for supply chain resilience, and reiterated that the firm’s path towards integrated logistics is the right choice for customers to effectively manage these challenges. Additionally, the cost and quality of production can vary significantly.

Shipping 130

Shipping Management Location Marketing 130

Inside Retail

MAY 10, 2021

The move is made to assuage industry fears that the combined group would be able to dominate the food supply industry, as has been voiced by a collection of five food service and retail industry organisations. ” The post Woolies offers temporary obligations to sweeten prospective PFD purchase appeared first on Inside Retail. .

Grocer 243

Grocer Consumer Management Marketing 243

Inside Retail

JULY 21, 2022

From dealing with inflation and managing staff shortages to increasing consumer expectations and continuing global supply chain crisis, these are uncertain times for many retailers. Here are five great tips for retailers that can help your business on its way to profitability from both the revenue and cost sides of the business.

Accounting 130

Accounting Management Marketing Consumer 130

Inside Retail

NOVEMBER 3, 2021

During the economic and social crisis of the Covid-19 pandemic, consumers went from valuing long-standing relationships with their favourite brands to focusing on price and availability above all else. Retailers already have access to a lot of their customers’ information, but they aren’t able to use it effectively,” Patnaik said.

Accounting 264

Accounting Consumer Returns Management 264

Retail TouchPoints

JUNE 26, 2023

“The wine industry is a very old-school business, and it’s a distributor-driven business because of the 21st Amendment, which basically gave all the power to the states to regulate and manage alcohol sales,” explained Jessica Kogan, Chief Growth and Experience Officer at Vintage Wine Estates in an interview with Retail TouchPoints.

Fashion 242

Fashion Consumer Management ATS 242

Retail TouchPoints

JUNE 30, 2022

H&M and Google Cloud’s work will yield a new data mesh that creates access to an array of data and events from different facets of the retailer’s business, including in-store, online, its brands ecosystem and suppliers. Over time, the partnership will develop additional data science and AI capabilities. “H&M

Customer Experience 232

Customer Experience Consumer Management 232

Retail TouchPoints

AUGUST 5, 2021

Actions have included the retailer providing $44 million to expand college prep and career activities for BIPOC students and a commitment to spend at least $1.2 Black and Latinx founders represented only 2.6% of funding in 2020. Best Buy’s support is part of its June 2020 pledge to “do better” in terms of inclusivity and diversity.

Planning 302

Planning Management ATS Consumer 302

Inside Retail

AUGUST 2, 2021

Today’s rising expectation of businesses to provide ‘Amazon-style’ service and efficiency has seen many large retailers and suppliers employ integration technology to automate ordering and fulfilment processes. But businesses are now feeling the pressure when it comes to managing their growing ecosystems of suppliers and systems.

Management 147

Management Supermarket Fulfillment Marketing 147

Inside Retail

OCTOBER 6, 2023

For retailers dealing with global customers and suppliers, the cost of international payments can significantly impact their bottom line. Fees can be charged when settling funds into your processing account, transferring funds to your bank account, and paying suppliers. We see our relationship with Airwallex as a partnership.

Payment Services 130

Payment Services Finance Accounting Accessories 130

Inside Retail

APRIL 7, 2024

Learn more “City Beach Australia has recently built a strong relationship with BMS Brands,” explains Reece Foster, menswear accessory buyer at City Beach Australia. “We As a supplier, BMS is a joy to work with. Despite the hurdles, the company managed to sell over 500,000 puzzles domestically in a short time.

Wholesale 130

Wholesale Accessories Accounting Marketing 130

Inside Retail

JANUARY 11, 2022

Inside Retail is thrilled to announce this year’s finalists for the upcoming Retailer Awards presented by Commonwealth Bank. Hui-Miller said it’s been exciting to watch the standards of retail evolve each year, despite the pandemic complicating ‘business-as-usual’ trading. Retail Supplier of the Year.

Customer Experience 264

Customer Experience Fashion Management 264

Retail TouchPoints

JANUARY 9, 2024

With no end in sight to the challenges battering the global supply chain, Shao spoke with Retail TouchPoints about how companies, and small businesses in particular, can adapt and thrive in this volatile environment. Retail TouchPoints: The supply chain has been a huge topic of conversation since the pandemic struck.

Merchant Services 226

Merchant Services Shipping Fulfillment Inventory Management 226

Retail TouchPoints

FEBRUARY 28, 2024

This same guided approach to building can be applied to data models, especially useful for achieving fast, low-risk and low-cost models suited for purpose in specific vertical industries like retail commerce. By starting with a solid foundation, businesses can more easily explore new patterns and relationships in their data.

Inventory Turnover 200

Inventory Turnover Supply Chain Management Store Layout Marketing 200

Wiser

DECEMBER 4, 2023

For brand manufacturers, retail monitoring is a critical aspect of maintaining and enhancing market presence. Monitoring these multiple aspects allows manufacturers to modify and optimize their strategies in real-time, improving product visibility and customer relationships.

Inventory Management 146

Inventory Management Promotions Visual Merchandising Management 146

Inside Retail

DECEMBER 18, 2023

As December rolls on and our collective retail focus rises to scope out the year ahead, what’s clear is that 2024 will be a big year for retail customer technology. Just five years ago, some of the biggest brands in the Australian retail landscape were effectively e-com deniers – or at least digital laggards.

Supermarket 147

Supermarket Boutique Customer Experience Checkout 147

Retail Bound

MARCH 21, 2024

In the competitive world of wholesale retail, sustaining growth and optimizing financial performance are paramount objectives for established retailers. In this comprehensive guide, we’ll explore the strategic utilization of net terms to drive expansion and bolster revenue growth for wholesale retailers.

Payment Services 52

Payment Services Wholesale Supply Chain Management Customer Retention 52

Inside Retail

MAY 9, 2022

There are two ways retail business owners can approach product pricing strategy. The question for the retailer is not whether to increase prices, but how and when. Customer relationships and product differentiation are critical for retaining market position amid price hikes. Softening the blow for customers.

Management 130

Management Shipping Location Consumer 130

Retail Gazette

AUGUST 15, 2023

Credit insurers have been slashing cover for a host of retailers from fashion to grocery in recent months as inflation and dampened consumer spending continue to hit businesses. The withdrawal of cover last year was a pivotal moment in the value retailer’s demise and rocked its ability to trade. One of those companies was Wilko.

Payment Services 90

Payment Services Fast Fashion Fashion Accounting 90

Retail Smart Guys

SEPTEMBER 27, 2023

Effective forecasting is a cornerstone of successful inventory management and supply chain optimization. Each purchase order represents a commitment to stock-specific products, allowing you to capture essential data such as order quantity, lead times, and supplier performance.

Inventory Management 52

Inventory Management Management Returns ATS 52

Mass Relators

AUGUST 18, 2021

announced it had reached a new milestone in its relationship with RangeMe, the online platform established to empower retail buyers to efficiently discover innovative and emerging products while streamlining the inbound product-submission process. . – United Natural Foods Inc.

Supermarket 98

Supermarket Promotions Location Marketing 98

Retail Focus

NOVEMBER 16, 2023

More consumers are choosing to spend with brands and retailers that demonstrate a commitment to sustainable retail practices, such as fair labour practices, ethical sourcing, and other initiatives. Retailers that proactively address these challenges are better positioned for success in an evolving market.

Consumer 147

Consumer Marketing Management Retail Marketing 147

Inside Retail

NOVEMBER 22, 2023

Retailers know this, consumers know this, cybercriminals know this, and are unfortunately ready to take advantage of any weak link that can be found to steal vital consumer and business data. Why target retail? The online retail, or e-commerce, market surpassed a staggering $1.09 This effort does pay off.

Payment Services 162

Payment Services Supply Chain Management Accounting Point of Sale 162

Retail Bound

APRIL 13, 2024

Welcome back, retail enthusiasts! One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked.

Drop-Shipping 98

Drop-Shipping Shipping Merchant Services Payment Services 98