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Boosting Store Profitability Post-Pandemic

Independent Retailer

MerchLogix , a leading provider of space planning and merchandise operations software, and DM Buck Advisory, a research and financial consultancy, today published a research report, Retailers and Shoppers Turn Attention (and Investments) to Stores: A Financial Analysis.

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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

There is no standardization across the industry and inconsistent sizing leads to markdowns and returns. When brands and retailers try to bring extended sizing to market, they need to determine how many SKUs they need to allocate to specific stores to accommodate in-store shopping and online fulfillment.

Consumer 287
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How Retailers Decide Which New Products to Stock

Retail Bound

The retail shelves would be stocked with this new product in locations where pet owners are most likely to shop. These include the product’s packaging, the space available on store shelves, and the retailer’s return policy. Similarly, a new type of dog food would be targeted at pet owners.

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(Some of) the Technology that is Empowering the Customer Channel in Physical Retail

Retail Next

Today, retailers and brands need to support their customers how, when and where they want to shop. Retailers and brands need to support, allow and empower their customers to engage with – and shop – them as the customer wants. Virtual shopping. Again, Nordstrom with their new Nordstrom Live virtual shopping experiences.

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How People Counting Can Transform Libraries – An In-Depth Analysis

V Count

Can libraries survive the age of downloads, ebooks, and easy online shopping? Space Planning and Visitor Flow Most libraries have limited space; therefore, it is essential to optimize the use of available areas. Yes, the ones embracing technology continue to be vital community institutions and evolve.

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KPIs In Retail: 7 Essential Metrics to Level Up Your Retail Game

V Count

This metric can be used when planning your store layout. Improve space planning & store layout. Let’s say you recently launched a marketing campaign, like a window display promotion, to drive more people into your shop. How do you improve sales/sqm? Some general tips for applying include: . CE-CN)/CS)) x 100.

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A Crisis Will Always Find A Supply Chain’s Weakest Link

Retail TouchPoints

The result would have been a shorter shortage period that would throttle down panic buying behavior and ensure a swifter return to baseline demand in this category. As consumers avoided in-store grocery shopping, many began baking their own bread at home. Retail will not return to the “normal” that we were all used to.