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5 Lessons Online Merchandisers Can Learn From Leading Brick-and-Mortar Retailers

Retail TouchPoints

When it comes to online merchandising, there are plenty of subtle but effective in-store tactics that can be difficult to replicate. Mannequins, store layout and even music are all curated to express your brand identity and drive a unique customer experience. . Don’t ignore checkout.

Checkout 272
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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

In 2014, cybercriminals used a third-party vendor’s credentials to enter Home Depot’s network and deployed malware on the self-checkout systems to steal customer information. While the report primarily focuses on how AI can optimize store layouts and marketing strategies, there is an underlying message on data security.

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Digital transformation: the evolving role of artificial intelligence in retail

Retail Focus

For instance, in eCommerce, AI-powered tools can analyse online shelf performance, tracking competitors and identifying opportunities. “In physical stores, Computer Vision is transforming operations and providing new revenue streams. She explains that retailers must prioritise transparency and accountability in their AI initiatives.

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Retail’s tech revolution sets laser-like focus on the consumer

Inside Retail

Today’s consumers might browse products online and then feel, try and buy them in physical stores. Conversely, they might spot an item in a store, compare prices on their smartphone, and choose either to take it to the checkout or order it online for home delivery.

Consumer 147
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What Should You Be Doing With Your Shopper Data?

Wiser

There are many ways you can improve shopping experiences in your store, including: Personalized Product Recommendations. Smoother Checkout Processes. Optimize Your Store Layout and Shelf Space. If so, consider optimizing your pricing strategies to account for these patterns and maximize your profits.

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8 Ways Demographic Analysis Solutions Benefit Your Business

V Count

They pick up the product they want, proceed to checkout, pay, and leave. If they don’t find the product they want, they pick the next best thing to avoid coming back to the store. If a high percentage of your visitors are women, your store needs to be designed accordingly. Accounting Specialist (Bank & Financial Ops).

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The Global State of Autonomous Stores

365 Retail

According to Business Insider Intelligence , the number of global stores with autonomous capabilities rose from only 350 in 2018 to a forecasted 10,000 stores in 2024, with a sales transaction volume of under $70 million to over $20 billion. The sky is the limit for autonomous stores.