Retail TouchPoints

JANUARY 30, 2023

As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.” Consumers purchase groceries through the Addie’s app or website and then choose a pickup window. of all U.S.

Grocer 312

Grocer Planning Supermarket Inventory Management 312

Retail TouchPoints

APRIL 4, 2025

When inventory management, marketing, supply chain and in-store operations dont speak the same language and rely on separate data streams and objectives, theres a loss of agility. Many rely on static, backward-looking dashboards that fail to account for changing real-time consumer behavior.

Management 147

Management Customer Experience Inventory Management Store Operations 147

Retail TouchPoints

MAY 21, 2024

The retail landscape is transforming, driven by rapid technological advancements and changing consumer behaviors. By analyzing data derived from network traffic, retailers can unlock profound insights into customer behavior, store performance and inventory efficiency.

Inventory Management 264

Inventory Management Payment Services Store Layout Promotions 264

Retail TouchPoints

OCTOBER 28, 2022

Every business has a number of core processes, units and departments that each function as vital cogs in the machinery, including manufacturing, order management, purchasing inventory, accounting, human resources, financial management and so much more. This is where business intelligence (BI) comes into play.

Supply Chain Management 278

Supply Chain Management Inventory Management Management Accounting 278

Retail TouchPoints

APRIL 25, 2022

The supply chain challenges of the past few years have underscored the importance of proper and efficient supply chain management. Failure to meet customers’ expectation of timely, cost-effective and ethical delivery of goods can profoundly impact a company’s ability to retain consumers.

Supply Chain Management 329

Supply Chain Management Inventory Management Shipping Management 329

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. billion in 2024, costing 6.5

Merchant Services 94

Merchant Services Payment Services Management Shrinkage 94

Retail TouchPoints

FEBRUARY 20, 2025

The pandemic helped, of course, but that alone cant account for the companys impressive growth over the past 13 years. That was really the birth of Connected Store it was the intersection of those two insights from our retailers and from our consumers. It’s very rare to find something with so much consumer pull.

Grocer 191

Grocer Shopping Consumer Management 191

Inside Retail

NOVEMBER 14, 2024

“Supply chain predictability is everything,” asserts Egglestone: “If you don’t have the systems to deliver inventory during peak trading periods, customers will go elsewhere, which puts their loyalty to the test. Furthermore, flags can be quickly raised for fraudulent returns with accounts tagged to prevent further incidents.

Fulfillment 130

Fulfillment Returns Customer Experience Management 130

Retail Smart Guys

NOVEMBER 15, 2024

Update Inventory Forecasts Regularly Markets shift fast, especially in retail. Periodically revisit your forecasts to account for new trends, economic factors, and seasonal shifts. Build Flexibility Into Your Plans Unexpected events—like supply chain disruptions or sudden shifts in consumer demand—can impact your inventory needs.

Inventory Management 82

Inventory Management Planning Management Point of Sale 82

Retail TouchPoints

APRIL 19, 2024

After all, studies show that consumers care more about the environmental impact of their purchasing decisions than ever before. Textile production accounts for approximately 20% of global clean water pollution and 10% of global carbon emissions — a number that is only expected to get worse in the future.

Supply Chain Management 264

Supply Chain Management Fast Fashion Apparel Shipping 264

Retail TouchPoints

AUGUST 4, 2023

Consumers are also becoming more exposed to self-checkout options, and they are in turn becoming more normalized and natural. The growing exposure of travelers to self-service options has led to consumers preferring them as they are much more convenient than previous models.

Payment Services 246

Payment Services Kiosk Marketing Inventory Management 246

Retail TouchPoints

SEPTEMBER 7, 2022

Simultaneously, consumer demand for new connected devices — such as cellphones and tablets, smart systems, and connected wearables and hearables — has never been higher. Keeping inventory management separate. Managing store-within-a-store staff. Solving for new consumer behaviors.

Kiosk 264

Kiosk Inventory Management Management Accounting 264

Retail TouchPoints

AUGUST 5, 2024

“That helped adoption, and it also just runs faster,” than The Paper Store’s previous POS system, which had required three separate logins for POS, inventory queries and ship-to-home functionality. That’s three different passwords and user accounts in each store across the fleet.

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Retail TouchPoints

JULY 12, 2023

Retailers cited rising costs, declining consumer spending and supply chain volatility as their top concerns. Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics.

Payment Services 246

Payment Services Inventory Management Checkout Loss Prevention 246

Retail TouchPoints

MAY 3, 2023

The retail industry is undergoing an unprecedented wave of change as global issues have affected retailer supply chains, the labor market and consumer behaviors. Sustainability has come to the fore as consumers become more conscious of how their purchases are impacting their local communities and the environment.

Visual Merchandising 278

Visual Merchandising Consumer Inventory Management Customer Experience 278

Retail TouchPoints

FEBRUARY 27, 2024

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand.

Payment Services 278

Payment Services Wholesale Store Layout Inventory Management 278

Inside Retail

FEBRUARY 8, 2024

million and now account for 21.3 It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. The report revealed that online sales were $390.1

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

JULY 12, 2021

It’s no secret that technology has radically changed buying behaviors for nearly every consumer out there, making the migration to ecommerce critical for retailers that want to remain relevant and competitive in today’s economy. The warehouse champion can be an IT manager or a warehouse floor supervisor.

Merchant Services 279

Merchant Services Fulfillment Shipping Inventory Management 279

Inside Retail

NOVEMBER 27, 2023

This is not just a transient trend but a robust response to the changing consumer, who now craves the tactile satisfaction of in-store shopping along with the personalisation and convenience of online commerce. Today’s consumers might browse products online and then feel, try and buy them in physical stores.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

Retail TouchPoints

JANUARY 12, 2022

To account for this rapidly evolving environment, savvy convenience retailers have focused on closing the gap between what consumers expect and what retailers can deliver. The same report found that nearly 70% of consumers are willing to change brands if they have a negative customer service experience. in 2020 despite a 13.9%

Payment Services 277

Payment Services Wholesale Inventory Management Consumer 277

Retail TouchPoints

JUNE 19, 2023

Impulse spending accounts for a sizable chunk of retail revenue. In our research, consumers reported that between 13% and 22% of their total bill in stores was made up of impulse items, depending on the type of retailer shopped. Consumer demand is there, but are the products they want on the shelves?

Inventory Management 276

Inventory Management Department Stores Consumer Shopping 276

Retail TouchPoints

JANUARY 20, 2022

For most types of consumer retail stores, the pandemic scared regulars away, diminished traffic from visitors, altered consumer preferences, snapped formerly reliable supply chains and required dramatic shifts in the way stores serve their clientele. But that’s only part of the story.

Merchant Services 264

Merchant Services Clienteling Shipping Inventory Management 264

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.

Shipping 312

Shipping Fulfillment Inventory Management Customer Experience 312

Wiser

NOVEMBER 19, 2024

For instance: Customizing approaches for different markets or accounts based on the interaction between execution factors (such as placement, assortment, and promotions) and consumer behavior. Help stores adjust inventory management based on sales trends, ensuring that high-performing products are always available.

Promotions 78

Promotions Inventory Management Consumer Accounting 78

Retail TouchPoints

OCTOBER 6, 2023

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 5: Sustainability metrics.

Fulfillment 310

Fulfillment Returns Shipping Promotions 310

Retail TouchPoints

FEBRUARY 2, 2023

Retail companies have invested billions in data analytics and infrastructure, seeking competitive advantage through deeper, more granular visibility into consumer behavior, business operations, supply chains and more. Wampler holds a bachelor’s degree in accounting from New Mexico State University. Lack of data isn’t an issue.

Management 278

Management Inventory Management Point of Sale Finance 278

Retail TouchPoints

SEPTEMBER 23, 2022

Do they provide a personal account manager for your business? Consumers appreciate how swiftly Amazon delivers things , but it can be challenging to meet such high standards as a business. Since the company owns the warehouse, it can customize the size, location, order and inventory management.

Fulfillment 331

Fulfillment Shipping Inventory Management Management 331

Retail TouchPoints

OCTOBER 14, 2021

Retailers and consumers alike are bracing for a holiday season much like the last — masks look set to remain a top stocking-stuffer; “supply chain” has a become a daily topic in mainstream media; and parents are gearing up for tears with the top toys of the year already predicted to go out of stock.

Marketing 299

Marketing Promotions Consumer Customer Experience 299

365 Retail

JANUARY 31, 2025

In todays rapidly evolving consumer landscape, sustainability is no longer a luxuryits an imperative. Fast-moving consumer Goods (FMCG) companies face growing pressure to reduce their environmental impact while maintaining profitability. Globally, logistics and transportation account for 14% of greenhouse gas emissions.

Inventory Management 52

Inventory Management Accounting Consumer Promotions 52

Retail TouchPoints

JANUARY 25, 2022

This is a direct and relatively simple means to take consumers to experiential landing pages where retailers and brands can share information about products, including new launches, recipes, instructions, promotions and more. 4) Think Big: Improve supply chain and inventory management.

Management 264

Management Marketing Customer Experience Inventory Management 264

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. Technology has revolutionized the way brands manage their excess inventory.

Inventory Management 165

Inventory Management Apparel Fashion Specialty Store 165

Retail TouchPoints

APRIL 10, 2023

Now, ecommerce has grown to capture 21% of the retailer’s global revenue, with stores still accounting for the majority ( 51% ) while wholesale and third-party sales make up the difference ( 28% ). Pandora, needless to say, is opposed to horrible consumer experiences.

Jewelry 283

Jewelry Wholesale Consumer Point of Sale 283

365 Retail

DECEMBER 8, 2021

During the dizzying heights of peak season, retail operations of all shapes and sizes are put to the test to meet increased consumer demand. Many small to medium-sized retailers often think that in order to grow they’ll need to make large-scale investments into robust stock inventory management systems to meet demand effectively.

Inventory Management 52

Inventory Management Management Fulfillment Supply Chain Management 52

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. The same applies to B2B marketing when you rely on ABM (Account-Based Marketing) to target corporate accounts, decision-makers, etc.

Retail Trends 111

Retail Trends Consumer Payment Services Fulfillment 111

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Accounting and Bookkeeping Maintaining accurate financial records is crucial for the long-term success of any retail business.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shipping 130

Retail Gazette

FEBRUARY 22, 2024

According to recent studies, over 70% of consumers expect personalised experiences when interacting with retailers online. AI algorithms can accurately predict demand and adjust inventory levels in real time by analysing historical sales data, market trends, and external factors such as weather patterns and economic indicators.

Inventory Management 122

Inventory Management Checkout Inventory Turnover Promotions 122

Retail TouchPoints

OCTOBER 22, 2021

Today when a consumer buys a product [on Amazon], the odds are better than not that it’s going to be a third-party seller’s product,” said Andy Jassy, who succeeded Amazon Founder Jeff Bezos as CEO a little over three months ago and gave the keynote address at the Amazon Accelerate conference for the company’s third-party sellers.

Fulfillment 276

Fulfillment Management Accounting Marketing 276