Retail TouchPoints

JULY 17, 2023

Inventory management. With innovative inventory tools, retailers can always be sure the necessary goods are in stock in a particular store. Smart merchandising helped GetGo improve the consumer experience and increase sales. Self-checkout.

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Payment Services Checkout Inventory Management Customer Experience 246

Inside Retail

MARCH 5, 2025

Intensifying global competition, ongoing economic pressures and evolving consumer behaviours are reshaping the e-commerce landscape, forcing retailers to adapt and evolve. Consumers in Australia will gravitate towards retailers who can consistently provide quick, reliable and transparent delivery.

Fulfillment 130

Fulfillment Shipping Customer Retention Inventory Management 130

Retail TouchPoints

MAY 31, 2022

Source: Coresight Research “Building Blocks of the Metaverse: 5G” Both at a consumer and an enterprise level, 5G is still in its infancy, but it’s expected to grow quickly and become the dominant mobile access technology by 2027 reaching 90% penetration in North America within that time, according to Ericsson.

Merchant Services 354

Merchant Services Checkout Shrinkage ATS 354

Retail TouchPoints

AUGUST 17, 2022

Consumers are clear on expectations from ecommerce businesses. 76% of consumers say convenience is a key priority when selecting a retailer, so an automated inventory management process is a critical component of any growing ecommerce business’ success. Jamilya Ashyrbaeva, ReferralCandy.

Payment Services 363

Payment Services Advertising Returns Checkout 363

Retail TouchPoints

JULY 12, 2023

Retailers cited rising costs, declining consumer spending and supply chain volatility as their top concerns. Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics.

Payment Services 246

Payment Services Inventory Management Checkout Loss Prevention 246

Retail TouchPoints

AUGUST 17, 2021

Computer vision can track products that consumers remove from the shelves and place in their cart. When connected to a payment device such as a credit card, this can enable consumers to load merchandise directly into shopping bags in their cart, and bring it out to their car without waiting in line. Practical Benefits of AI in Grocery.

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Checkout Payment Services Customer Experience Inventory Management 306

Inside Retail

NOVEMBER 14, 2024

“Supply chain predictability is everything,” asserts Egglestone: “If you don’t have the systems to deliver inventory during peak trading periods, customers will go elsewhere, which puts their loyalty to the test. Blue Yonder has identified five common challenges to cover in your peak season strategy… 1.

Fulfillment 130

Fulfillment Returns Customer Experience Management 130

Retail TouchPoints

JUNE 26, 2023

It’s hard to believe that the invention of the UPC — first used by railroads almost 100 years ago and then introduced to speed grocery checkout lines back in 1974 — hasn’t changed. Consumers want more information about the products they buy, and retailers want more visibility into the products their customers buy.

Merchant Services 279

Merchant Services Inventory Management Grocer Customer Experience 279

Inside Retail

NOVEMBER 27, 2023

This is not just a transient trend but a robust response to the changing consumer, who now craves the tactile satisfaction of in-store shopping along with the personalisation and convenience of online commerce. Today’s consumers might browse products online and then feel, try and buy them in physical stores.

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Consumer Checkout Inventory Management Shopping 147

Retail TouchPoints

APRIL 13, 2021

The 2021 Connected Consumer Series reflected the challenges retail (and society as a whole) have faced during the past year, but also the growing sense of optimism that is taking hold this year. How to Take Consumer Engagement and LTV to New Levels. Listen to the session on demand. Listen to the session on demand.

Consumer 189

Consumer Payment Services Fulfillment Advertising 189

Inside Retail

SEPTEMBER 4, 2023

The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector. Smartphones can now scan barcodes and instantly provide consumers with detailed product information, user reviews, price comparisons, and much more.

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Checkout Inventory Management Promotions Point of Sale 246

Inside Retail

JANUARY 3, 2023

At Amazon, algorithms are used to track consumer behaviour and adapt product recommendations based on a wide range of factors. Meanwhile, other companies are using AI to provide a more personalised shopping experience for customers by analysing their browsing and checkout history. Payment systems evolution.

Payment Services 290

Payment Services Shopping Checkout Kiosk 290

Retail TouchPoints

AUGUST 4, 2023

Consumers are also becoming more exposed to self-checkout options, and they are in turn becoming more normalized and natural. The growing exposure of travelers to self-service options has led to consumers preferring them as they are much more convenient than previous models.

Payment Services 246

Payment Services Kiosk Marketing Inventory Management 246

I Vend

APRIL 2, 2025

Thats why weve created the Complete Beginners Guide to Retail Management Software here we explain some of the key features and considerations to help you understand what to look for as you start your journey to explore its possibilities. What to look for in Retail Management Software 1.

Management 52

Management Payment Services Inventory Management Point of Sale 52

Inside Retail

FEBRUARY 17, 2025

The themes on display are often indicative of the global trends affecting consumers and retail. In the past year or so, KPMG has published global research papers that add further insights to the big trends affecting retail models and consumer behaviour. What do consumers think and how are retailers using it? trillion in 2030.

Payment Services 130

Payment Services Social Commerce Department Stores Consumer 130

Retail TouchPoints

MAY 11, 2023

I see three areas that retailers, using the right technology, can tap for growth, protection and efficiency gains: OPPORTUNITY #1: Bringing consumers to the metaverse and giving them memorable “phygital” buyer journeys. As consumers gain exposure to technologies like AR and VR, they’re going to expect a more enhanced shopping experience.

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Kiosk Consumer Inventory Management Customer Experience 267

Inside Retail

MARCH 21, 2024

This year, while consumers are still struggling to adapt to higher prices for staple goods and services, they are still spending on discretionary items creating a retail market where brands compete fiercely for their share of the consumer’s paycheque.

Consumer 130

Consumer Dead-Stock Finance Inventory Management 130

Retail TouchPoints

JULY 20, 2022

While consumer expectations have continuously shaped retailers’ strategies, tech choices and best practices, COVID-19 accelerated this rate of change. Finally, “innovative” capabilities would incorporate personalization or tailored results based on consumer context and past behaviors. The result? Social proof for products.

Consumer 288

Consumer Customer Experience Inventory Management Shopping 288

M19 Retail

DECEMBER 4, 2024

With mPOS, sales associates are not bound by a traditional checkout counter. The ability to complete transactions at any location within the store enhances customer engagement and alleviates the frustration of long checkout lines, contributing to higher customer satisfaction levels. Ready to Transform Your Retail Operations?

Payment Services 52

Payment Services Checkout Inventory Management Customer Retention 52

Retail TouchPoints

MAY 9, 2023

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Creating a seamless inventory management journey. What’s Next?

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Payment Services Inventory Management Marketing Checkout 289

Retail TouchPoints

JULY 4, 2024

Retail media lets brands identify consumers that are in market for specific products based on their purchase behavior, reach those consumers with targeted ads to drive them down the consideration funnel, and then tie those media impressions to actual sales activity. The solution? Retail media.

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Marketing Advertising Consumer Inventory Management 264

Retail TouchPoints

FEBRUARY 27, 2024

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand. She has worked with several global companies focusing on risk management strategy.

Payment Services 278

Payment Services Wholesale Store Layout Inventory Management 278

Retail TouchPoints

FEBRUARY 21, 2023

5G can also connect mobile point-of-sale (POS) terminals , self-service kiosks, scan-and-go checkouts and other forms of frictionless shopping with ease. Omnichannel solutions that leverage intelligent displays, QR codes and consumer profiles can provide extreme personalization. Tractor Supply Co. The retail industry is dynamic.

Sporting Goods 264

Sporting Goods Payment Services Shrinkage Point of Sale 264

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 28, 2025

Consumers expect quick deliveries and seamless experiences, whether shopping online or in-store. Retailers are investing in technologies that streamline checkout, improve in-store fulfillment, and integrate digital systems to speed up operations. Omni-Commerce: A Unified Shopping Experience The future of retail is omnichannel.

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Inventory Management Payment Services Fulfillment Customer Experience 52

Retail Minded

NOVEMBER 8, 2022

Although self-service checkouts were first introduced in 1986 , they are still far from perfect. on the App Store, which says a lot about how people’s sentiment towards self-service checkouts. . Trigo’s digital twin can be used for other purposes too, such as inventory management. . star rating on Google Play and 2.8

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Checkout Payment Services Inventory Management Grocer 97

Retail TouchPoints

JANUARY 20, 2022

Other tech integrations that will enable a “seamless and elevated shopping experience” include new inventory management systems , new technology to support customer service and the Amazon One palm recognition payment system for fast checkout. There will be humans working the store too.

Payment Services 263

Payment Services Apparel Inventory Management Department Stores 263

Retail TouchPoints

FEBRUARY 12, 2021

According to the researchers at the Auburn University RFID Lab, a typical brick-and-mortar retailer without RFID has about 60% SKU-level accuracy, which is simply not acceptable anymore to keep up with consumer demands for speedy fulfillment and a wide product selection. RFID can raise inventory visibility up to 99%.

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Fulfillment Markdowns Inventory Management Customer Experience 286

Retail Gazette

FEBRUARY 22, 2024

According to recent studies, over 70% of consumers expect personalised experiences when interacting with retailers online. AI algorithms can accurately predict demand and adjust inventory levels in real time by analysing historical sales data, market trends, and external factors such as weather patterns and economic indicators.

Inventory Management 122

Inventory Management Checkout Inventory Turnover Promotions 122

Retail TouchPoints

FEBRUARY 20, 2023

Actionable data can also help retailers with inventory management across all locations. If the customer needs more information or help, these systems are particularly good at alerting retail managers to know quickly that a customer service action is needed. Tyler Wells is the North American Sales Manager for MicroTouch.

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Advertising Sporting Goods Returns Inventory Management 246

Retail TouchPoints

SEPTEMBER 1, 2023

“You’re going to see a fresh coat of paint, you’re going to see new and improved lighting that really shows that product,” Rosen explained, and “you’re also going to see centralized checkout.” New and improved rewards: To truly create value for its middle-class consumers, JCPenney is focusing on rewarding them for their loyalty.

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Planning Merchant Services Inventory Management Consumer 260

Retail Focus

SEPTEMBER 5, 2024

From the use of chatbots to direct customers to the correct department while shopping on their mobile device or computer, through to sophisticated inventory management that helps retailers operate easier, the potential for AI in retail is far-reaching.

Payment Services 162

Payment Services Checkout Inventory Management Store Layout 162

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Self-service check-ins and checkouts have become the new norm, saving time and money for retailers. New Look Stores.

Retail Trends 111

Retail Trends Consumer Payment Services Fulfillment 111

Retail Focus

MAY 1, 2024

Cashless Payments and Digital Wallets Cashless payments and digital wallets have revolutionized the checkout process. Real-Time Inventory Management Digital technology enables real-time inventory management, a boon for retailers and consumers.

Payment Services 130

Payment Services Shopping Inventory Management Checkout 130

Inside Retail

APRIL 30, 2024

However, in an increasingly digital world, the brand recognised the need to evolve its retail experience to meet the demands of modern consumers. The conventional checkout process, often plagued by long queues, is a thing of the past, as associates can seamlessly process transactions from any location within the store.

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Checkout Clienteling Customer Experience Inventory Management 147

I Vend

FEBRUARY 9, 2025

The consumer electronics industry continues to grow in 2025 it is expected to reach over $977 billion. If youre in retail electronics youll know that this growth isnt without its challenges, and that managing a successful business in this sector requires intelligence, insight and the support of specialised technology solutions.

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Payment Services Point of Sale Inventory Management Management 52

RIS News

NOVEMBER 20, 2023

Retailers are continuing to invest in retail technology to modernize their enterprises as they look to enhance consumer experience, bolster supply chain visibility, reduce waste, and become more data-driven.

Inventory Management 64

Inventory Management Checkout Management Consumer 64

I Vend

OCTOBER 16, 2023

As discretionary spend decreases in inverse proportion to cost of living increases, and consumers think more carefully about where they spend, retailers have to get really smart about strategies to win and retain their share of the market. Rapid checkout in store – for many shoppers, the experience is all about efficiency.

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Checkout Inventory Management Payment Services Returns 105