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Sam’s Club Adds Inventory Management Functions to In-Store Cleaning Robots

Retail TouchPoints

The rollout is the first commercial application of Brain Corp’s inventory scanning technology anywhere in the world. Walmart has been working with Brain Corp and Tennant, which produces the robots themselves, since the retail giant started rolling out the floor-scrubbing robots in 2018.

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Sink or Swim: How Digital Transformation will Determine Company Success (or Failure) in 2025

Retail TouchPoints

From 2018 to 2022, companies that embraced digital leadership saw average annual shareholder returns of 8.1% , compared to 4.9% As AI continues to prove its worth in critical areas like inventory management and security, the pressure to adopt these technologies also is mounting.

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David’s Bridal Shakes up Leadership Team with New COO and CFO

Retail TouchPoints

Viall will retain ownership of merchandising and product development functions and assume responsibility for the supply chain; and Kelly Cook, who joined David’s Bridal in 2019 as EVP, Chief Marketing and IT Officer, has been promoted to President of Brand, Technology and Finance.

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Vitamin Shoppe CEO Sharon Leite Went Undercover in Her Stores. Here’s What She Learned.

Retail TouchPoints

Since taking the helm of the nutrition and wellness retailer in 2018, Leite has introduced a broad range of initiatives aimed at reviving and growing the business. million on inventory management solutions; $1.2 We also launched a new system, Relex , for inventory management.

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Reshoring: COVID-19’s Impact On The Supply Chain

Retail TouchPoints

In a 2018 study, the consulting firm A.T. According to the Reshoring Initiative , factors like lower transportation costs and quicker inventory turns can offset higher labor costs to make reshoring less expensive overall. Between 2010 and 2018, 749,000 jobs were brought back to the U.S. Businesses are taking notice.

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4 Tips for Staying Ahead of Retail Competitors

Retail TouchPoints

According to NewVoiceMedia’s 2018 Serial Switchers report, businesses lose $75 billion a year due to poor customer service. Lottery management software can reduce shrink and ticket inventory management workload, helping your employees focus on providing great customer service. Focus on service.

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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family.