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Compact Cashierless Technology Boosts Sales at Sports Stadiums

Retail TouchPoints

Nissan Stadium now offers five frictionless Zippin Lanes and after incorporating four lanes, Allegiant Stadium has experienced: A 66% increase in speed of service; A 45% increase in sales for a traditional stand space compared to 2021; and A 30%+ increase in the number of product SKUs offered.

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Standard Cognition Raises $150 Million, Plans to Outfit 50,000 Checkout-Free Stores Over Five Years

Retail TouchPoints

This brings the solution provider’s total funding above $1 billion , which will enable Standard to execute at scale its plans to outfit more than 50,000 checkout-free stores in the next five years. Compass Group worked with Standard to open its first public stores at the University of Houston and in office buildings in Charlotte, N.C.

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Is unified commerce the new holy grail?

Inside Retail

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse.

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8 Key Ecommerce Automation Strategies That Drive Sustainable and Profitable Growth

Retail TouchPoints

76% of consumers say convenience is a key priority when selecting a retailer, so an automated inventory management process is a critical component of any growing ecommerce business’ success. In 2021, 20.8% This means for every 100 visitors, 69% of visitors will leave the store during the checkout process.

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

According to the National Retail Security Survey released by the National Retail Federation (NRF), vanishing inventory contributed to $112 billion in losses last year alone — up significantly from $93.9 billion in 2021. While they solve one issue, they create a few more when it comes to theft.

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

Retail TouchPoints

The episode was shot in early 2021 and aired on Jan. million on inventory management solutions; $1.2 million on a new mobile checkout system; and The launch of The Vitamin Shoppe Cares Foundation, a peer-supported employee assistance fund to provide financial support to employees experiencing hardship.

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CCS 2021: Levi’s, 1-800-FLOWERS, Under Armour Reveal How They’re Meeting Fast-Changing Consumer Expectations

Retail TouchPoints

The 2021 Connected Consumer Series reflected the challenges retail (and society as a whole) have faced during the past year, but also the growing sense of optimism that is taking hold this year. 5 Social Advertising Trends for Retailers to Know in 2021: Featuring Under Armour. Retail CX Trends 2021: New CX for a New World.

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