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. Targeted advertising: You can use data to target promotions effectively, enhancing campaign ROI. In-store enhancements Computer vision: Improves product displays and store layouts to attract shoppers.

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Loss Prevention Checkout Shrinkage Supply Chain Management 245

Inside Retail

FEBRUARY 8, 2022

The grocery giant also partnered with celebrity mixologist Pritesh Mody to create three cocktails using Aldi’s champagne, which customers could enjoy at the pop-up for as little as £1.09 – far cheaper than what is expected in one of London’s most expensive postcodes. They could have just put an ad on TV. Creating customers.

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ATS Supermarket Store Layout Advertising 130

Retail Focus

SEPTEMBER 14, 2024

It encompasses key activities like product selection, placement, pricing, and promotional tactics. Understanding what is merchandising in retail and what it entails means looking at not only which products are sold but also how they are displayed, when they are introduced, and how they are marketed to attract customers effectively.

Fashion 130

Fashion Visual Merchandising Store Layout Inventory Management 130

Wiser

SEPTEMBER 13, 2023

Foot traffic data can also be leveraged to optimize store layouts. By tracking customer movement within a store, retailers can strategically place products to increase visibility and sales. For instance, high-traffic areas might be best suited for promotional displays or impulse-buy items.

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Store Layout Promotions Store Operations Customer Experience 147

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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Store Layout Promotions Checkout Customer Experience 84

Retail TouchPoints

JUNE 30, 2022

Amazon has rolled out a new store-based analytics service that will give brands insights into how their products are discovered, considered and purchased at Amazon Go and Amazon Fresh stores in the U.S. Brands can access these insights through a secure dashboard.

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Payment Services Store Layout Advertising Promotions 230

Retail Focus

JUNE 21, 2023

Improves Business Decisions Clever analytics technology like heat tracking cameras highlights the parts of a store working well and less well, so action can be taken to find solutions for perfect product placement and store layout. Technology enables retailers to reduce costs and waste.

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Point of Sale Checkout Customer Experience Store Layout 173

CJ Retail Solutions

AUGUST 5, 2024

Tailoring Your Strategies By understanding your target audience and their buying behavior, you can tailor your product assortment, pricing strategies, and promotional efforts to better meet their needs. In conclusion, creating an engaging in-store experience is essential for effective retail merchandising.

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Visual Merchandising Store Layout Payment Services Promotions 52

Retail Adventures

OCTOBER 6, 2024

This allows shoppers standing at the front door to see more, and the more they see, the more they are likely to buy. That’s why grocers put milk and eggs at the rear of the store, forcing you to walk past higher margin and promotional items displayed on end features. Create and control traffic flow.

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Store Layout Grocer Promotions Customer Experience 98

Inside Retail

OCTOBER 3, 2024

On Black Friday, when time-sensitive offers are at stake, the ability to assess a product instantly in-store becomes even more significant. Atmosphere and excitement: The atmosphere and vibe of a packed store on Black Friday creates an energy that simply cannot be replicated online.

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Store Layout Promotions Shopping Consumer 130

Inside Retail

DECEMBER 17, 2023

The last quarter of the year typically sees retailers jump behind any promotional event as a way to entice consumers over competition. These promotional events have traditionally seen retailers shift huge amounts of stock and provided bumper sales to round off the quarter. But this is just one layer.

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Shopping Store Layout Promotions Consumer 130

A1 Retail

OCTOBER 10, 2024

“The period from Black Friday through to the New Year remains critical for retailers, and each year presents unique opportunities to optimise strategies and delight in-store shoppers,” said Andy Sumpter, Retail Consultant EMEA & APAC at Sensormatic Solutions.

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Shopping Store Layout Promotions Consumer 93

Retail TouchPoints

JULY 24, 2024

AV technology also enables remote monitoring and control, allowing real-time adjustments that promote sustainability. Advanced AV systems can change the functionality and ambiance of a space at the touch of a button. Similarly, smart HVAC systems that optimize temperature and airflow can enhance energy efficiency.

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Store Layout Consumer Visual Merchandising Promotions 261

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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Shrinkage Inventory Management Store Layout Checkout 94

Retail TouchPoints

AUGUST 17, 2023

The latest Consumer Price Index (CPI) data highlights a significant deceleration in inflation, now standing at half of last year’s peak. These businesses find themselves at a demanding intersection.

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Consumer Payment Services Supply Chain Management Store Layout 246

Retail TouchPoints

JANUARY 24, 2024

At the core of this comeback, malls of today are responding to the evolving expectations of shoppers with sustainability, experience and personalization. With this, retailers are designing store layouts with dedicated areas to showcase new and different products for varying tastes and trends, creating an ever-changing experience for shoppers.

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Returns Department Stores Store Layout Fast Fashion 334

CJ Retail Solutions

AUGUST 26, 2024

In-store promotions and events can be evaluated using KPIs to determine their impact on sales and foot traffic, guiding future strategies. With the use of this data, store layout and product placement can be improved, guaranteeing that goods are arranged to maximize customer interaction and increase sales.

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Retail TouchPoints

FEBRUARY 28, 2024

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Store Performance model: This model helps retailers analyze the performance of their physical stores by tracking metrics such as foot traffic, sales per square foot and customer behavior.

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Inventory Turnover Supply Chain Management Store Layout Marketing 257

CJ Retail Solutions

JULY 30, 2024

Effective visual merchandising can attract shoppers, encourage store entry, and ultimately increase sales. By crafting an engaging shopping environment, retailers can influence consumer behavior and promote impulse purchases. An eye-catching store layout and display can significantly impact customer interest and purchasing decisions.

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Visual Merchandising Store Layout Promotions Shopping 52

CJ Retail Solutions

AUGUST 2, 2024

It encompasses various elements, including product placement, store layout, signage, and visual displays. One of the key elements of an effective visual merchandising strategy is the use of focal points to draw attention to specific products or promotions.

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Visual Merchandising Store Layout Promotions Shopping 52

CJ Retail Solutions

AUGUST 23, 2024

FSDU displays significantly influence consumer behavior at the point of purchase. Studies indicate that a large portion of purchasing decisions occur in-store, and FSDU displays provide an opportunity for brands to present their products in an visually appealing and eye-catching manner.

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Store Layout Promotions Visual Merchandising Marketing 52

Retail Minded

JULY 6, 2024

The 4Ps of retail management are: product, place, price and promotion. In the retail business, whether it’s a physical store or an online retail outlet, the product is what draws customers in and keeps them coming back. For physical stores, this means being in areas where your customers live, work, or shop.

Payment Services 52

Payment Services Store Layout Promotions Advertising 52

Retail TouchPoints

MAY 1, 2024

Tailoring the shopping experience to individual preferences, like offering personalized product recommendations and customized promotions, is a psychological strategy that makes customers feel valued and understood, leading to a positive brand perception.

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Consumer Store Layout Customer Experience Checkout 307

Wiser

JULY 31, 2023

In the competitive world of retail, ensuring your products are in the right place at the right time can mean the difference between profit and loss. A planogram is a visual diagram that details where every product on a retail store shelf should be placed. This is where planogram compliance comes into play.

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Store Layout Promotions Customer Experience Inventory Management 145

Retail TouchPoints

SEPTEMBER 19, 2023

Additionally, store associates tend to “jump” orders to other stores up to six times before either the retailer or customer cancels the order, which creates a negative experience and causes a low Net Promoter Score.

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Store Operations Shipping Fulfillment Store Layout 274

V Count

JUNE 26, 2024

We’ll take a look at how it can be a game-changer in understanding customer behavior, and how savvy retailers can leverage this information to maximize their business outcomes, creating a more engaging and satisfying shopping experience for their customers. This, in turn, can have a significant impact on sales and overall profitability.

Store Layout 52

Store Layout Payment Services Inventory Turnover Promotions 52

CJ Retail Solutions

JULY 7, 2023

From captivating displays to seamless store layouts, every aspect plays a crucial role in driving sales and customer satisfaction. Whether you are a small boutique or a large retail chain, these solutions can revolutionise your store’s functionality and aesthetics. Analyzing Foot Traffic Patterns 3.2.

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Payment Services Store Layout Visual Merchandising Checkout 40

Retail Focus

OCTOBER 25, 2023

Senior retail consultant at Univers Retail | Published author | Visiting lecturer. This transformation can be dissected into several distinct stages, often referred to as disruptions, in which retailers competed on multiple fronts: for physical space, consumer attention, and innovative store layouts and designs. Ghalia BOUSTANI.

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Department Stores Specialty Store Store Layout Fulfillment 162

365 Retail

OCTOBER 8, 2024

“The period from Black Friday through to the New Year remains critical for retailers, and each year presents unique opportunities to optimise strategies and delight in-store shoppers,” said Andy Sumpter, Retail Consultant EMEA & APAC at Sensormatic Solutions. The predicted top busiest shopping days for EMEA include: France 1.

Shopping 62

Shopping Store Layout Promotions Consumer 62

Wiser

APRIL 10, 2023

Assortment planning can deeply influence shopper purchases because there so many different factors that go into its creation, such as: Width and Depth Price Point Shelf Life Store Layout Promotions Visual Merchandising All of these different elements and more go into creating an optimized retail assortment strategy.

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Dead-Stock Store Layout Visual Merchandising Planning 145

V Count

APRIL 10, 2023

Before we dive any further, we’d like to underline that there are many people counting systems and providers out there on the market, but at the core of this solution lies high accuracy. Precise visitor flow data can help you develop targeted ads or launch tailored marketing and promotional campaigns. What is Visitor Flow?

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Store Layout Promotions Customer Experience Target Market 52

365 Retail

JULY 19, 2024

They provide the ability to keep the store layout fresh and dynamic, attracting repeat customers and increasing foot traffic. In-store digital displays can direct customers to online resources, such as detailed product information or customer reviews, enhancing their shopping experience.

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Visual Merchandising Store Layout Target Market Shopping 104

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? Your next step might be to put out a promotion discounting purchases of a certain amount or higher from the same brand. Geodemographic Data.

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Store Layout Promotions Checkout Shopping 146

Shopper Motion

DECEMBER 19, 2022

By collecting data on how shoppers move through the store, what products they interact with, and how long they spend in different areas, retailers can gain a deeper understanding of what drives sales and make informed decisions about store layout, product placement , and marketing efforts. Types of in-store tracking.

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Store Layout Inventory Management Promotions Target Market 52

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. . Be savvy around sales and promotions. Don’t ignore checkout.

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Checkout Store Layout Promotions Accessories 266

Retail Focus

JULY 3, 2024

Expert Manager at Univers Retail | Published author | Visiting lecturer. True luxury is characterised by durability and timeless design, often incorporating practices such as recycling materials, providing repair services, and promoting the resale of second-hand luxury goods. Ghalia BOUSTANI.

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Consumer Promotions Shopping Store Layout 162

Retail Focus

MAY 24, 2023

Nevertheless, as in every other sector, you can encounter different problems that can make you slow down, reduce sales and, in the worst case, even close the business at all. To avoid this problem in your retail path and make sure your customers find what they need, you must rethink your inner layout.

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Store Layout Department Stores Customer Experience Management 130