Remove 2021 Remove Inventory Management Remove Store Operations
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Paper Store POS Upgrade Untethers Associates, Boosts Productivity

Retail TouchPoints

In fact, the 2023 Retail TouchPoints Store Operations Survey found that among the 82% of respondents who have armed associates with mobile devices, 59% saw improved employee productivity while 50% saw improved cross-sells and upsells. That mandate was particularly urgent given The Paper Store’s brick-and-mortar growth strategy.

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Reuters: Mexican Retailer Liverpool Takes 9.9% Stake In Nordstrom to Diversify Geographic Assets

Retail TouchPoints

Liverpool said in a statement that “this operation represents an attractive opportunity to diversify assets geographically.”. stakes as of December 2021, while his sister Anne Gittinger controlled 9.7% The deal makes Liverpool one of Nordstrom’s largest stakeholders. Founder Bruce Nordstrom held a 15.9%

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Bath & Body Works Faces Growing Activist Pressure Despite Adding 2 Board Seats

Retail TouchPoints

Loeb has accused the Board of Directors of operating in “triage mode rather than via best corporate governance practices” as the retailer struggles with declining revenue. 28, 2023, down 5% compared to Q4 2021. In addition, we continued to be disciplined in our expense and inventory management.”

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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. Leite’s experience on the show not only amplified her “people-first” leadership philosophy, but also prompted a number of investments to address problems she uncovered while undercover, including: $500,000 on product education for store associates, known as Health Enthusiasts; $1.5

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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.

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How Build-A-Bear’s Pandemic Shift Created Long-Term Omnichannel Opportunity

Retail TouchPoints

Over a four-week period, Build-A-Bear turned its store locations into micro-fulfillment centers so it could maintain store operations, keep associates working and create a bright spot for consumers navigating uncertainty and stress. In Q4 2021, it processed 70% of online orders through its stores.

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The Rise of Micro Markets in Airports

Retail TouchPoints

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. Understanding what customers want helps improve their overall experience.