Inside Retail

SEPTEMBER 3, 2024

In this article, we will look at the benefits and the key areas to apply AI in the retail industry. In-store enhancements Computer vision: Improves product displays and store layouts to attract shoppers. Automated checkout experiences: Retailers such as Apple are pioneering checkout-free shopping.

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Retail TouchPoints

NOVEMBER 5, 2020

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.

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365 Retail

OCTOBER 29, 2024

UNIQLO , the Japanese fashion retailer known for its minimalist designs and quality craftsmanship, is preparing to make its Liverpool debut with a 25,000-square-foot flagship store at Liverpool ONE. The post UNIQLO to Open First Liverpool Store at Liverpool ONE appeared first on Retail News and Events. acted for UNIQLO.

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Retail TouchPoints

FEBRUARY 15, 2021

But the COVID-19 pandemic forced retailers to grapple with all of the above, all at once. Online sales bridged the gap between retailers and their consumers at the height of shelter-in-place restrictions, and many brick-and-mortar owners used their storefronts as a place to package orders and offer curbside pickup.

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Retail TouchPoints

MAY 29, 2024

The small-format store, due to space constraints alone, avoids this issue. Whole Foods Market Daily Shop, the planned smaller sibling of its flagship stores, will hopefully capitalize on and enhance the perceived simplicity of shopping at Whole Foods. Innovative and intuitive store design.

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I Vend

APRIL 20, 2023

The point of sale is the engine room of every store, where the transactional business of retail takes place. It’s also often the only point at which there is any direct engagement with the shopper. Learn how our mobile POS transforms the checkout process. trillion in 2023 + , and to grow at 14% to $5.58 trillion by 2027.

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Retail TouchPoints

FEBRUARY 27, 2024

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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Inside Retail

JULY 12, 2021

Discount supermarket Aldi is making a push into convenience with the opening this week of a Corner Store concept in North Sydney. The new store layout is designed to support smaller-basket, convenience-driven purchases, in contrast to the traditional big-box Aldi supermarket typically frequented by consumers for larger shopping trips.

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365 Retail

JANUARY 29, 2025

As digital transformation continues to reshape food retail, innovative technologies are opening new opportunities for customer engagement and store efficiency. At the heart of Gecks offering is the UltimateShopper Plus , a pioneering smart shopping trolley that enhances the shopping experience while giving retailers a competitive edge.

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Retail TouchPoints

MAY 1, 2024

Retailers are leveraging strategies to nudge purchasing decisions and encourage repeat visits, such as: A store layout can subtly guide movement and prominently display specific products the retailer wants to highlight. Ensuring ease of payment via contactless self-checkout or frictionless apps removes barriers to purchase.

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Retail Focus

JUNE 21, 2023

One example where this is done well is with the tailored jump booths within the Sports Direct flagship stores that measure how high someone can jump and then provides them with slow-motion playback and leaderboard, something that is both fun, and memorable that also creates content the customer and takes away with them.

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Retail TouchPoints

FEBRUARY 9, 2022

Let’s take a look at how digital surveys could be the secret to collecting the insightful data and innovation leads you are looking for. If you’ve noticed declines in your CSAT, it’s time to dig a little deeper into those results and look at what your customers are saying. . How to Track a Customer’s Bad Shopping Experience.

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Inside Retail

JULY 11, 2024

At the same time, a small group with a New Economic Order (NEO) mindset seem untouchable by the economic state and is driving up to 70 per cent of discretionary spending in Australia. And customer service at checkouts,” said one NEO customer Apple is an example of a brand that caters to both these personas. Good value.

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Retail Focus

SEPTEMBER 5, 2024

While artificial intelligence, or AI if you prefer, is not an entirely new concept to retailers, the way it is being used and rolled out in shops and stores, as well as online, is changing at a rapid pace. To overcome this, companies need to start creating a central repository of supply chain data at the PO, SKU, and factory levels.

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Retail TouchPoints

FEBRUARY 21, 2024

Hospitals and medical campuses typically look at retail as an essentially insignificant element in their patient, visitor and employee experiences. Hydra Health is strategizing a “next iteration” format concept that includes different fully automated stores and other tech-driven spaces.

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Retail Focus

MAY 1, 2024

The global retailer introduced the reinvented retail format at its Willowbrook Mall location in Wayne, N.J., and will incorporate learnings from this concept into new stores. At Foot Locker , the retail store experience is the heart of sneaker culture. Executive Vice President and Chief Commercial Officer.

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Retail TouchPoints

OCTOBER 12, 2020

On one hand, personal safety and security are still top-of-mind for consumers, driving changes in everything from online shopping to brick-and-mortar store layouts and delivery models. Yet at the same time, many cash-strapped consumers will be looking for bargains. Unfortunately, many retailers fall short at checkout.

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Retail TouchPoints

JUNE 1, 2020

The cues customers receive at each point of their journey will either make them take the next step, or move on. Long, uniform aisles with tall, tightly packed shelves was, for a long time, the standard model for in-store retailing. For me, a store layout, just like an e-Commerce web site layout, should be customer-centric at its heart.

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365 Retail

JULY 11, 2024

The commercial opportunities from the Euros – and more widely the mass of key sporting events during the summer from Wimbledon to the Olympics – are there for the taking – but only for retailers that are prepared, says Gary Whittemore, Head of Sales, EMEA & APAC at RetailNext.

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I Vend

DECEMBER 10, 2023

Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform. Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail.

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Inside Retail

NOVEMBER 27, 2023

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.

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Wiser

NOVEMBER 7, 2022

Every single product bought has reasoning and meaning behind it that, as a brand or retailer, isn’t always easy to understand at a surface-level. What led them into your store? There are many ways you can improve shopping experiences in your store, including: Personalized Product Recommendations. Geodemographic Data.

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V Count

JULY 24, 2024

Queue Management refers to the process of monitoring and controlling the flow of customers through checkout lines or service areas. By analyzing real-time data on queue lengths and wait times, businesses can make informed decisions to allocate resources effectively, reduce bottlenecks, and streamline the checkout process.

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Inside Retail

OCTOBER 10, 2023

In the UK and Europe more generally, shrinkflation is absolutely rife at the moment. It’s conspicuous, compared with Australian retailers, how few staff there are in-store. In Australia, we’re used to self-serve checkouts, but there is still a decent cover of staff in Woolworths and Coles.

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Wiser

AUGUST 13, 2019

Analyze historical promotional data and run smaller test promotions to see if consumers would have bought the items on sale at full-price. Does your store stock what consumers want to buy? Innovate Your Store Layout. Your store layout can also support your efforts to increase basket size.

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V Count

APRIL 1, 2021

Furthermore, when customers visit your store, they don’t want to spend 10 minutes navigating and looking for the products that they want. Long queues and a complicated store layout will lose you a lot of customers. Queue management systems can also be leveraged to reduce waiting times and long queues at checkout counters.

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365 Retail

MARCH 2, 2023

One example where this is done well is with the tailored jump booths within th e Sports Direct flagship stores that measure how high someone can jump and then provides them with slow-motion playback and leaderboard, something that is both fun, and memorable that also creates content the customer and takes away with them.

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Wiser

SEPTEMBER 17, 2019

Before diving into the metrics, it helps to look at why it’s beneficial for your business to monitor how consumers act. You don’t want it to be hard to get to the checkout, and so on. This will help you target your marketing and advertising campaigns inside stores, as well. Why Monitor Consumer Behavior?

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Wiser

MAY 22, 2019

BOPIS lets shoppers order a product from a retailer’s webstore and pick up that order at a brick-and-mortar location. BOPIS is beneficial for retailers because shoppers are likely to buy more once inside a store. Furthermore, ensure associates are well-trained and provide value to shoppers. Optimized Online Experience.

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A1 Retail

JANUARY 7, 2022

Simon Hathaway, Group MD EMEA at Outform, says: “Online shoppable functions and AR testers aren’t yet a patch on in-store shopping. And while they’re not yet the primary checkout tool, social platforms are influencing behaviours, particularly if it’s user-generated content that customers can trust.

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V Count

SEPTEMBER 24, 2021

When someone visits a retail store, there is a 20-30% chance of making a purchase. If your store has the items they want, the chances of buying improve. If the store layout is simple enough for the visitor to find what they need, the probability of a purchase goes up even more.

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VMS

MAY 17, 2021

And despite the social-distancing rules that have become prevalent in the pandemic era, such smaller stores are expected to continue growing in coming years. There are many reasons retailers go smaller,” says Tim Morrison, Studio Principal, at Little Diversified Architectural Consulting (Charlotte, N.C.), has undergone since opening.

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V Count

JANUARY 7, 2022

This ensures you have the right number of staff members at the right times, reducing abandonment rates and improving customer satisfaction. Does your store layout allow for a smooth customer journey? Does your checkout process take too long? Customer-Oriented Marketing Campaigns. Safe & Healthy Shopping Environment.

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Retail Gazette

DECEMBER 23, 2024

2024 saw a surge in retailers investing in stores as they continue to defy ‘death of the high street’ talk. Retail Gazette rounds up the best new store openings of the year that have created a real buzz on the high street.

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Wiser

APRIL 24, 2018

Rick Patsos, Manager of the Lead Generation team at Wiser. Shoppers want to make the most out of their trips to stores. When the item they want is not in stock at one of your stores, most shoppers will go to one of your competitors to see if they have it. Oftentimes, store layout is not considered.

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CJ Retail Solutions

AUGUST 5, 2024

If your customers value convenience and efficiency, optimize your store layout and product placement to make the shopping experience seamless. This requires careful planning of the store layout, design elements, and customer interactions to create a positive and memorable shopping experience.

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365 Retail

MARCH 19, 2024

Also, you can add sensors that will set the mood of the store when the customers enter the store. This will reduce the queue at the checkout counters, and customers can leave the store with ease. Therefore, there are different types of store layouts that can help you plan and build your own store.

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