Retail TouchPoints

SEPTEMBER 19, 2022

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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Retail TouchPoints

APRIL 14, 2021

Stitch Fix Founder and CEO Katrina Lake will step down from the helm of the apparel subscription service on August 1, 2021, and current President Elizabeth Spaulding will move into the top role. Lake will transition to the role of Executive Chairperson of the Board, focusing on Stitch Fix’s social impact efforts.

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Retail TouchPoints

JANUARY 13, 2023

For example, it would appear that spending on electronics decreased during this holiday season compared to a similar time frame in 2021.”. As expected, promotions played a major role in setting the pace of the latter half of the season, with an average discount rate of 21% in 2022 compared to 19% in 2021, according to Salesforce.

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Retail TouchPoints

AUGUST 17, 2022

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% From another perspective, research showed that on average, the online share of total spending rose sharply, from 10.3%

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Retail TouchPoints

AUGUST 5, 2024

In 2021 the retailer opened its first store outside the Northeast and now operates 13 stores in Florida, and in 2022 The Paper Store opened its first Signature Store, featuring a 12,000-square-foot footprint — double its previous stores’ average size — and new ways for customers to shop. “For

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Retail TouchPoints

AUGUST 23, 2022

In November 2021, eBay acquired Sneaker Con Digital ’s authentication business as it sought to bolster its presence in the collectible sneakers segment. TCGplayer develops applications, inventory management tools and hardware such as robotic sorting machines. Headquartered in Syracuse, N.Y.,

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DMS Retail

OCTOBER 1, 2021

In this new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Inventory Control. Friday, October 22, 2021.

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DMS Retail

AUGUST 5, 2021

In this brand new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Inventory Control. Assortment Planning.

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Retail TouchPoints

JULY 22, 2022

The ecommerce boom of 2020 brought millions of new shoppers to digital platforms, and that growth trajectory continued into 2021. At the end of 2021, the editors of Retail TouchPoints took a stab at predicting what would happen in ecommerce in 2022.

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Retail TouchPoints

NOVEMBER 20, 2023

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.

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Retail TouchPoints

JULY 12, 2022

Walmart acquired Zeekit in May 2021. AR has long been part of the company’s DX mix with its acquisition of the virtual fitting room platform Zeekit in 2021 — which now powers AR try-on for apparel on Walmart.com — and by becoming one of the first retailers to offer home décor try-on via Pinterest , among many other initiatives.

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Inside Retail

MARCH 17, 2022

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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Cisco Retail

APRIL 12, 2021

Better inventory management. Register to attend Hannover Messe 2021 — free! Register for Hannover Messe Digital Days 2021 and your virtual pass is on us! For more information on what you need to know before you go to Hannover (virtually), check out our blog: Know Before You Go: Hannover Messe Digital Days 2021.

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Retail TouchPoints

JANUARY 14, 2021

The company aims to provide mobile data capture solutions that can be used for both self-shopping and efficient inventory management through the Anyline 27 smartphone barcode scanner, which offers greater scanning speed, precision and recognition capacity compared to older versions. retail market.

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Retail TouchPoints

AUGUST 4, 2023

Features such as inventory management and the ability to track sales allow operators to keep track of which items sell better than others. The inventory management features also help operators track any theft. In recognition of her accomplishments, in 2021 Furman won a 40 under 40 award from Automatic Merchandiser.

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Retail TouchPoints

MAY 14, 2021

Bed Bath & Beyond has named Stacey Shively as SVP and General Merchandise Manager for Home, effective May 17, 2021. Shively brings more than 25 years of retail experience in merchandising, product development and inventory management to the position.

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I Vend

JANUARY 20, 2021

Here are our predictions on the tech trends that will shape retail in 2021. For 2021, our prediction is that social commerce will become an even more integral part of the digital commerce experience for retailers and shoppers alike. What can retailers expect in 2021 2020 had a significant impact on retail.

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Retail TouchPoints

JANUARY 20, 2022

In mid-2021 rumors also surfaced of plans for large-footprint department stores , although Amazon hasn’t formally announced anything along these lines. Amazon Style could be a first foray in the department store realm where the company could expand to other untouched categories at brick-and-mortar, such as homewares.

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Inside Retail

JANUARY 2, 2023

Pureplay online and bricks-and-mortar retailers both have an important role to play here in expanding the Aussie e-commerce ecosystem, bringing different skills to the table, from inventory management to customer loyalty programs. In 2021, B2B marketplace sales grew more than seven times faster than B2B e-commerce sales.

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Retail TouchPoints

NOVEMBER 8, 2022

In 2021, returns cost retailers a whopping $761 billion , or almost 17% of total U.S. They must approach inventory management, merchandise accuracy and return policies strategically. retail sales. Returns can be an excellent opportunity to sell something new to a known customer.

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Retail TouchPoints

JULY 15, 2022

In Q4 2021, it processed 70% of online orders through its stores. With a strong inventory management and fulfillment foundation in place, Build-A-Bear is ready to take its next steps. It transformed [the business].”. Using OMS to Meet an Evolved Brand Promise.

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Retail Focus

MARCH 29, 2022

Stock inventory management and supply chain strategies need to adapt accordingly to ensure the right products are being stocked at the right times, and at the right prices. This data can enable companies to build more informed stocky inventory models that better predict what goods will move out and back into supply chains. .

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Retail TouchPoints

FEBRUARY 22, 2021

Kohl’s added a new director in February 2021, but prior to that the board’s average tenure was approximately 10 years. The investor group noted that Kohl’s operating income margins declined from 11.5% in 2011 to 6.1% in 2019, and that the retailer earned about 44% less in 2019 than it did in 2011 despite similar total sales and $6.6

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Retail TouchPoints

JULY 27, 2021

consumers’ tremendous enthusiasm to get back to in-person shopping and experiences, notably with a 44% increase in foot traffic to stores, restaurants and entertainment venues since the start of 2021, that doesn’t mean they are going to leave behind all the omni habits they adopted during the crisis. And despite U.S.

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Retail TouchPoints

JULY 13, 2023

“Retailers need to have a single view of their inventory across channels, and then that data has to be up-to-date and accurate,” said Greg Buzek, Founder and President of IHL Group in an interview with Retail TouchPoints. In 2021, the average cost of an RFID tag was four cents , down 80% from 2011, according to McKinsey.

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Retail TouchPoints

JULY 19, 2023

For example, in 2021 California passed a new bill, AB 1201 , creating a requirement that compostable products must be certified by third-party organizations like BPI. This approach reduces the need for separate packaging designs and simplifies inventory management. The FTC offers guidelines, but no laws and only a few U.S.

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Retail TouchPoints

MARCH 31, 2021

Looking ahead, now is the time to build an online presence that will set businesses up for success in the upcoming 2021 holiday season and beyond. While retailers made it through in 2020 with online sales up 44% overall , there were hiccups, frustrations and sleepless nights all throughout. Integrating Applications and Programs.

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Retail TouchPoints

FEBRUARY 17, 2021

The system uses no facial recognition and lets shoppers remain completely anonymous, and is designed to be installed in existing stores without making any changes to layout, shelving, lighting or inventory management processes. and Toronto, Canada.

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Retail TouchPoints

JUNE 2, 2023

For example, in 2021, California passed a new bill with its AB 1201 passage creating a requirement that compostable products must be certified by third-party organizations like the Biodegradable Products Institute (BPI). The FTC offers guidelines, but no laws and only a few U.S. states legislate the term.

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Retail Focus

MARCH 15, 2022

56% of retailers think environmental activists pose a bigger risk of supply chain disruption this year than in 2021. Sophisticated stock inventory management software is being increasingly utilised to pull data that helps retailers to create contingencies and better prepare for uncertainty.

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Retail Minded

MARCH 20, 2025

Inventory Damage and Supply Chain Disruptions Damaged inventory results in financial losses and customer dissatisfaction. In response, many retailers are adopting AI-driven inventory management systems to monitor real-time product conditions and automate quality control processes.

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Retail TouchPoints

AUGUST 31, 2021

However, AI truly differentiates itself in inventory management, shelf workload and identifying products that will upsell successfully. billion in sales by the end of this year (2021). Customer buying habits change based on store location, the product’s target audience (e.g.

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Retail TouchPoints

FEBRUARY 20, 2023

Actionable data can also help retailers with inventory management across all locations. If the customer needs more information or help, these systems are particularly good at alerting retail managers to know quickly that a customer service action is needed. Tyler Wells is the North American Sales Manager for MicroTouch.

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Retail TouchPoints

AUGUST 19, 2024

Ikea initially adopted drone technology in 2021 when it partnered with AI and robotics company Verity to develop an autonomous drone solution for warehouses. By integrating this new system into fulfillment spaces, Ikea’s operations will “run continuously,” the company shared in an announcement.

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Cisco Retail

NOVEMBER 4, 2021

Major manufacturers around the world are already using CPwE to improve key performance indicators—reducing total cost of ownership (TCO), decreasing downtime, increasing overall equipment effectiveness (OEE), improving asset optimization, and simplifying inventory management. Join us at Rockwell Automation Fair 2021, booth 1533.

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Retail TouchPoints

APRIL 29, 2024

The previous app was really more of a trial run, built in-house and “launched and then left,” with significant overhead required to manage it. In October 2021 the company underwent a massive replatforming, moving from a bespoke in-house ecommerce system to Salesforce Commerce Cloud. “As

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LS Retail

NOVEMBER 2, 2021

©2021 Women Entrepreneurs Grow Global®. She specializes in B2B wholesale trade, sourcing, inventory management and product development for her company. All rights reserved. Kiakahi (Kiani) Wong is the President and CEO of Kaka?ako ako Kasuals, a Native Hawaiian-owned and operated footwear company based in Honolulu, Hawai'i.

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