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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

Because of efforts to address this mismatch of product and real-world sizing, Coresight Research estimates that the value of the extended-size market for women will grow to $32.3 this year alone, representing approximately 21% of the total women’s apparel market. billion in the U.S. Inclusion Definitions Expanding Beyond Sizing.

Consumer 290
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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

Retailers are integrating AI with bricks-and-mortar shops and online platforms to give the shopping experience a remarkable transformation, enhancing both customer satisfaction and operational efficiency. Automated checkout experiences: Retailers such as Apple are pioneering checkout-free shopping.

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How to Forecast Demand in Retail (2020)

Retalon

Traditional forecasting methods struggle in the face of today’s dynamic retail market. In the past, retailers could reserve SKU-level forecasting for the most important products and cover the rest of the assortment in category-level (or sub-category-level) forecasts. Image Credit: SupplyChainDigest.

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The Order Fulfillment Process in 2022 and Beyond

Retalon

Textbooks don’t need to languish on shelves and be subject to drastic markdowns, while students are turned away at the out-of-stock university bookstore. For rapidly-growing retailers, though, there could be too much cost and risk of quickly scaling an in-house fulfillment system, therefore they should favour third-party options.