Retail TouchPoints

OCTOBER 23, 2024

RFID uses electromagnetic fields to automatically identify and track tags attached to objects, offering retailers precise control over inventory and enabling real-time data analytics to enhance operational efficiency. For customers. RFID can enable personalized product recommendations and a more seamless in-store experience.

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Inside Retail

OCTOBER 17, 2023

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Retail TouchPoints

JANUARY 23, 2025

Jason Potter, a 30 -year grocery retail veteran, will take on the President and CEO roles at Grocery Outlet as of Feb. who has held the President and CEO titles at Grocery Outlet on an interim basis since October 2024. Current Fresh Market COO Brian Johnson will become that retailers President and CEO, also on Feb.

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Retail TouchPoints

JANUARY 28, 2022

“Sam’s Club is hyper focused on making sure our members have a seamless shopping experience, so any time-saving innovation we can implement is significant,” said Todd Garner, VP of In Club Product Management at Sam’s Club in a statement. “By

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Tokinomo

JANUARY 8, 2024

In this first Weekly Snacks edition for 2024 we’ll show you the best ads and campaigns at the moment, retail trends and technology to keep an eye on, and opinions from experts that will help you. Happy New Year!

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Retail TouchPoints

FEBRUARY 9, 2023

The solution also utilizes Google Cloud’s Vertex AI Vision models, enabling the product recognizer and tag recognizer software, combined with Google Cloud’s BigQuery, to help retailers at scale.

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Retail TouchPoints

JUNE 3, 2024

What a difference two years make: Dollar General was enthusiastic enough about self-checkout in June 2022 that it announced trialing 100% self-checkout at 200 stores. Dollar General also is focusing on reducing turnover among managers, in part with improvements to supply chain and merchandising functions.

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Retail TouchPoints

NOVEMBER 22, 2024

As a result, the 74% of merchants that saw their store operations budgets increase between 2023 and 2024 had to figure out the best way to allocate this money toward a wide-ranging set of needs, from new in-store technology and inventory management solutions to employee training and engagement initiatives.

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Retail TouchPoints

MAY 20, 2024

Retail organizations need to collect and analyze data in real time to make informed decisions about inventory management, customer engagement and other key business operational needs. is a purpose-built cloud native edge computing platform designed to manage the full lifecycle of edge devices at scale. SUSE Edge 3.0

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Retail Focus

FEBRUARY 4, 2025

For example, when you shop online at Amazon or ASOS, you’ll notice that the recommendations are specific to your browsing and buying behaviour. This helps retailers optimise inventory levels, staffing, and promotions for smoother operations and waste reduction. It also allows retailers to tailor pricing at an individual level.

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Retail TouchPoints

JUNE 10, 2022

When combined with our data-driven inventory management, we believe these efforts will reduce store workload and drive greater efficiencies for our retail associates and leaders.”. At a discount retailer like Dollar General, controlling costs is perhaps even more crucial.

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Retail Smart Guys

JANUARY 16, 2025

What is Inventory Management, and Why Does It Matter? Inventory management is the process of tracking and optimizing stock levels to meet customer demand while maximizing profitability. How Retail Smart Guys Can Help With expert open-to-buy planning, Retail Smart Guys helps you: Stock the right products at the right time.

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Retail TouchPoints

SEPTEMBER 19, 2022

More than nine locations at NFL venues, including Las Vegas’ Allegiant Stadium and Nissan Stadium in Nashville, Tenn., Employees are free to focus on inventory management rather than cashier duties and, as the purchasing process becomes easier, customers are also inclined to spend more.

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Retail TouchPoints

MARCH 16, 2023

We are excited to collaborate with Simbe to bring their industry-leading technology and platform to our clubs,” said Jeff Desroches, EVP, Chief Operations Officer at BJ’s Wholesale Club in a statement. “By

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RETAIL MANAGEMENT SOFTWARE

DECEMBER 2, 2024

Data Analytics: Leveraging big data and analytics tools to gain insights into customer behavior, inventory management, sales forecasting, and marketing strategies. Automation: Using AI-driven tools for inventory management, chatbots for customer service, and automated marketing campaigns to streamline operations.

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Retail TouchPoints

JANUARY 11, 2024

Spotlights on Supply Chain, Sustainability and RMNs New at the 2024 event is the retailer-only Supply Chain 360 Summit being held on Sunday, Jan. 14, with sessions covering AI’s role in inventory visibility and optimization, best practices for boosting last-mile capabilities. at the Marriott Marquis Times Square hotel.

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Retail TouchPoints

FEBRUARY 24, 2022

Fabric’s funding to date now totals $293 million and puts fabric at a $1.5 In ecommerce only five things really, truly matter: the item and providing as much detail as possible; price; inventory management; order management; and finally, the customer. billion valuation. trillion by 2027.

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Retail TouchPoints

OCTOBER 2, 2024

Industry Statistics and Market Trends There are approximately 168,000 gas stations in the United States alone, contributing to an industry valued at over $600 billion annually. These stores must expand their product assortment, improve inventory management and optimize supply chain operations almost overnight.

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Retail TouchPoints

JANUARY 30, 2025

As we move into 2025 and reflect on the learnings of the 2024 holiday season, customer loyalty and the risks of losing it are at the top of every business leader’s mind. Because AI is at the forefront, and technology lifecycles are shrinking. Theres another related issue at play here: fear. But the flip side?

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Retail Focus

MARCH 13, 2025

IoT and Smart Inventory Management The Internet of Things (IoT) is revolutionising inventory management. This not only minimises inventory shortages but also prevents overstocking, ensuring optimal product availability.

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Retail TouchPoints

JANUARY 8, 2025

The Role of Robots in Retail In the retail industry, tasks like inventory management, cleaning and even customer service are being delegated to robots, allowing human employees to focus on higher-value activities. The message is clear: designing for people first is the key to robots usability and their ultimate success.

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Retail TouchPoints

JUNE 8, 2022

The retailer will test inventory management technology in a sixth store. In addition to supporting its employees during the current labor shortage, Vallarta will use the robots to gather real-time inventory data, an important capability as retail continues to grapple with supply chain challenges.

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Retail TouchPoints

MAY 29, 2024

Retasmart is designed to enable retailers to unify all channels and experiences in one solution, allowing them to solve challenges related to inventory management, customer engagement, payment options, reporting and analytics, and multichannel retailing — all from a single platform.

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Retail TouchPoints

JANUARY 13, 2023

Albertsons has completed its rollout of an inventory management platform specifically designed for the rapidly changing nature of fresh products, deploying the solution across its more than 2,000 supermarkets in just seven months’ time. Driving sustainability practices across Albertsons Cos.

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Retail TouchPoints

NOVEMBER 30, 2022

The solution sets up a unified supply chain data lake using AWS Supply Chain’s built-in connectors, which use pre-trained machine learning models to understand, extract and aggregate data from ERP and supply chain management systems. AWS Supply Chain’s visual map then made it easy to see product-level inventory movement in real time.

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Retail TouchPoints

MAY 21, 2024

Moreover, they can launch a targeted promotion for kitchenware, advertised at the store’s entrance and through social media channels and timed to coincide with the peak traffic on Saturday afternoons. Leveraging network analytics in inventory management extends beyond maintaining optimal stock levels.

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Retail TouchPoints

MARCH 17, 2023

Leveraging AI- and machine learning-based prescriptive recommendations, the Blue Yonder tech is designed to offer SSB a holistic, connected view of its supply chain, enabling better forecast accuracy and inventory management. “At

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Retail TouchPoints

SEPTEMBER 20, 2022

Walmart Canada is implementing an automated AI assist at all of its stores to help keep shelves stocked and enhance the customer and associate experience both in-store and online. Walmart also has built out its inventory management capabilities at its U.S.

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Retail TouchPoints

OCTOBER 25, 2023

Part of that transformation has included the implementation of supply chain solution TradeBeyond , which is helping Party City improve efficiencies across inventory management , end-to-end merchandising and vendor compliance. Party City plans to roll out additional capabilities over the coming months.

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Inventory Management Management Planning ATS 261

Retail TouchPoints

OCTOBER 20, 2022

Capabilities include: Digital shelf labels with QR codes to help shoppers make informed decisions; Real-time pricing and inventory management tools to help retailers analyze and optimize where, how and how often products are sold, in order to reduce waste; and In-store marketing tools to enhance the relationship between product and shopper.

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Retail TouchPoints

JANUARY 13, 2023

Lululemon is in the process of rolling out a cloud-based RFID inventory management solution to its 600+ stores globally that will help the retailer optimize its in-store product assortments. Having a fully mobile cloud solution in our stores greatly contributes to this experience.

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Retail TouchPoints

FEBRUARY 15, 2024

“We are excited about the partnership with Parker Avery as their approach perfectly aligns with our business strategy,” said Joel Carbaugh, Senior Director of Pricing and Business Analytics at Party City in a statement. Party City officially emerged from bankruptcy in October 2023 with most of its 800 -store fleet intact.

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Retail TouchPoints

DECEMBER 5, 2022

million of liquidity available at the end of Q3 2022, including about $92 million of availability under asset-based credit lines, against nearly $1.8 Party City is reportedly renewing talks with creditors to acquire liquidity with help from existing advisers, people familiar with the situation told Bloomberg. The retailer had about $121.5

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Inside Retail

FEBRUARY 6, 2025

Here at Tyro ,we understand the unique challenges Aussie businesses face. With a stream of steady cash flow at the top of mind for many, weve put together five handy tips to help ensure your money keeps flowing while your business keeps growing. Now, with the basics covered,lets look at some actionable tips: 1.

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Retail TouchPoints

FEBRUARY 6, 2023

Key areas of focus will include driving profitable consumer traffic, enhancing inventory management, further advancing digital growth and evolving the value delivery model. Keith Melker Melker’s most recent position was CEO of Wehner Multifamily, a Texas-based property management company.

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Inside Retail

JUNE 27, 2024

This is a comprehensive approach that extends beyond online sales to encompass various critical aspects of retail operations, with inventory management and pricing at its core. Instead, the holy grail solution is unified commerce. This pricing agility maximises revenue and can be personalised for customer segments.

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Retail TouchPoints

AUGUST 27, 2021

It can also double as a convenient way for broadly-focused brands to experiment with homing in on a product area of interest, such as Nordstrom’s recent activewear push coinciding with their agreement with the at-home fitness company Tonal. Winning the Space Race. Space isn’t solely a prized commodity on the sales floor, either.

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