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How Localization is Helping CVS Position Itself as the Modern General Store

Retail TouchPoints

Taking into account CVS store footprint, SKU roster, regular pricing and promotional pricing, the company can create up to 900 million different combinations of assortment and price across its stores. The competitive landscape surrounding each store also is a critical facet of how the store will be merchandised.

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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.

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Dollar General Hit with $1M More in OSHA Fines, Bringing Total Since 2017 to $15M

Retail TouchPoints

The location also had boxes and merchandise stored in an unsafe manner, exposing workers to struck-by hazards. We regularly review and refine our safety programs, and reinforce them through training, ongoing communication, recognition and accountability. OSHA’s investigation in Columbus, Ga.

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Forrester Forecast: Online’s Share of U.S. Sales to Top 29% by 2029

Retail TouchPoints

Both are starting from a position of strength, particularly Amazon, which in 2023 accounted for 43% of all U.S. Amazon and Walmart: The Big Will Get Bigger The Forrester forecast paints a picture of an ecommerce market, and indeed a total retail market, dominated by Amazon and Walmart.

Consumer 284
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Why international stores are key to Costco’s future growth

Inside Retail

The 2023 result looks even more modest given that it came after net sales growth of 16 per cent and comparable store-sales growth of 14 per cent in fiscal 2022. Sales growth in 2023 was driven primarily by food and fresh food, which accounted for 54 per cent of sales. Sales of non-food items decreased 0.4

Wholesale 244
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Challenges Faced by Emerging Brands in the Retail Industry

Retail TouchPoints

Tzafis oversees the sales, account management and customer success teams for Trax’s Emerging Brand & Midcap department. Georgios Tzafis is the VP of Sales Mid Cap CPG at Trax Retail , a leading global provider of computer vision solutions and analytics for CPG and retail.

Marketing 264
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In the Wake of ‘Returnageddon’ Retailers Seek New Solutions to an Age-Old Problem

Retail TouchPoints

Most Consumers, Even Those Shopping Online, Prefer to Return In-Store. By most accounts, consumers prefer to return in-store, avoiding the complications of printing labels, re-packaging products and traveling to the post office. Let them find the right size and then keep shopping for more products, all in the same transaction.”.

Returns 328