Remove Accounting Remove Customer Experience Remove Store Operations
article thumbnail

Study: How Retailers are Managing the Tug-of-War Between Employee Satisfaction and Profitability

Retail TouchPoints

Employee satisfaction plays a central role in store operations. After all, when employees are happy and engaged, they create more productive and profitable store environments. According to research from Emarketer , U.S.

article thumbnail

How AI-Driven Search and Personalization Boosted AOV 5.5% for Freedom Furniture

Retail TouchPoints

One of the key strategic goals was increasing online sales, which had previously accounted for approximately 6% of all sales. Not only are they leaders in AI technology, but they also understand retail and the importance of a seamless customer experience.

Kiosk 253
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Role of Communication in Streamlining Retail Security Operations

Retail TouchPoints

Fewer false alarms: Don’t waste resources or disrupt store operations unless the threat is real. Clearer accountability: When something occurs, security can use documented recorded channels and logs to trace steps taken during the incident. Retailers can use this accountability to improve response tactics and planning.

article thumbnail

AI in CX Innovation and Journey Management: Key Insights for Retail Business Leaders

Retail TouchPoints

Retailers that take a journey management approach can bridge the gap between data and action, ensuring insights lead to real improvements in efficiency and customer experience and drive bottom-line results. Finally, many retailers operate in a siloed manner. Thats where journey management comes in. What is Journey Management?

article thumbnail

Revolutionizing Retail: How Ergonomic Robots Enhance Shopping Experiences

Retail TouchPoints

Robots and automated technology are becoming a typical feature in the retail industry, with robots streamlining operations, reducing costs and improving customer experiences. With Amazon pulling back on their cashierless stores , we cannot depend on robots to completely take over the retail experience.

Shopping 179
article thumbnail

Sensing, Not Seeing, with Vision AI as Retail’s Crystal Ball for the Future

Retail TouchPoints

Additionally, this reduces cloud costs and improves ad traction and purchases, while also taking privacy factors into account. All of this is processed on the edge and eliminates the need for mountains of visual data to be transmitted to the cloud.

article thumbnail

NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink

Retail TouchPoints

The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center.