Retail TouchPoints

SEPTEMBER 27, 2023

Simon Properties is partnering with Dropit to bring omnichannel inventory management and fulfillment capabilities to its facilities. “Simon’s commitment to shaping the future of retail aligns perfectly with our pursuit of technological innovation,” said Karin Cabili, Founder and CEO of Dropit in a statement.

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Retail TouchPoints

SEPTEMBER 13, 2024

Starting in the late 1980s with the introduction of self-checkout kiosks and progressing to today’s smart RFID tags and even fully automated storefronts, retail leaders have slowly but surely embraced digital in-store enhancements. Retailers across segments have been expanding their smart store ambitions for decades.

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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. Adopting advanced technology in retail stores makes the shopping experience more engaging. Self-checkout. Exceptional customer experience.

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Payment Services Checkout Inventory Management Customer Experience 238

I Love Fashion

JULY 7, 2024

Fashion Digital Marketing Agency Forrester Research showed that digital shopping cart abandonment loses revenue of almost $18 billion annually. This article explains every reason behind these issues and guides you to reduce shopping cart abandonment, retailers, inventory management insights, and more. Comparison shopping.

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Inside Retail

JANUARY 3, 2023

From smart shopping carts and intelligent buying assistants, to dynamic pricing algorithms and inventory tracking systems, retailers will have access to a wealth of powerful tools that enhance their ability to meet customers’ needs and respond quickly to changes in the market. . Payment systems evolution.

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Payment Services Shopping Checkout Kiosk 290

Inside Retail

MARCH 17, 2022

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse.

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Retail Minded

NOVEMBER 8, 2022

But they do want a faster, more efficient shopping experience once they’re within those doors. . Although self-service checkouts were first introduced in 1986 , they are still far from perfect. Plus, when implemented the wrong way, they only add friction to the shopping experience. . ShopRite’s Scan and Go app has a dismal 2.2

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M19 Retail

JULY 5, 2023

MIAMI, FLORIDA, July 5, 2023 – Mi9 Retail, a leading provider of Retail Software, is pleased to announce that the Aubuchon Company has successfully piloted Mi9 Store Self-Checkout in their hardware and home improvement stores. Mi9 Store Self-Checkout software uses intuitive and highly configurable UX to engage customers and process sales.”

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Retail TouchPoints

JULY 12, 2023

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. Computer vision at the edge would create more personalized shopping experiences that synchronize in-person, online and mobile interactions.

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Payment Services Inventory Management Checkout Loss Prevention 226

Nvidia

MAY 14, 2021

Zippin offers sports fans checkout-free refreshments, and it’s racking up wins among stadiums as well as retailers, hotels, apartments and offices. As sports and entertainment venues begin to reopen in limited capacities, Zippin’s grab-and-go stores are offering quicker shopping and better social distancing without checkout lines.

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Retail Gazette

FEBRUARY 22, 2024

Keep reading to explore how AI is reshaping the retail landscape and revolutionising the shopping experience. Personalised Shopping Experiences One of the most significant impacts of AI in retail is the ability to deliver personalised shopping experiences to customers.

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Inside Retail

JUNE 26, 2024

The peak festive shopping season is a crucial time for retailers and e-commerce brands as they look to boost their revenue, grow their customer base, and enhance their brand recognition with consumers. So how do retailers get cut through in what is pegged to be a challenging and competitive shopping season?

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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. Building on this, Carson said AI is bolstering security by detecting and preventing fraudulent transactions in real-time.

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Payment Services Checkout Inventory Management Store Layout 162

RETAIL MANAGEMENT SOFTWARE

JUNE 26, 2024

In an era marked by rapid technological advancement and shifting consumer expectations, the future of shopping is being redefined. It’s about ensuring consistency, convenience, and personalization at every touchpoint, thereby creating an enjoyable and efficient shopping journey.

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Retail TouchPoints

JUNE 29, 2021

The data is available in real time at the POS, empowering store associates to deliver seamless brand experiences with capabilities such as mobile checkout, endless aisle, store fulfillment, inventory management and clienteling. As we grow, we want to be the best we can be.

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Inside Retail

APRIL 25, 2023

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks.

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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. This is especially crucial in managing seasonal or event-driven merchandise.

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I Vend

JULY 27, 2021

Frictionless checkout – is it the new omnichannel? Retailers had long understood the need for diverse shopping channels, but in 2010 there was a lightbulb moment when they realised that simply having multiple routes to market wasn’t enough – those channels had to be integrated. Friction matters because it restricts growth.

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Retail Focus

JUNE 20, 2024

The retail industry has gone through a huge transformation in the past two decades as shopping habits have gone from in-person to online. billion people will shop online in 2024, according to Oberlo. But how does the future of the shopping industry look, and what are some trends we can expect to see in the near future?

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I Vend

OCTOBER 16, 2023

Online shopping is intrinsically more personalized – a customer can be greeted by name, shown previous orders, receive suggestions for items they might like and have their payment details stored for seamless checkout. Rapid checkout in store – for many shoppers, the experience is all about efficiency.

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Retail Minded

MARCH 16, 2024

Uncovering Hidden Efficiencies: AI-Driven Inventory Management Inventory management is the backbone of retail, and AI sharpens this critical function. Implementing AI into your inventory system means smarter purchasing decisions and improved turnover rates.

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I Vend

OCTOBER 10, 2023

RIS has rounded up the key research carried out by expert consultants and curated it into an overview of the likely shape of this holiday shopping season. Rapid checkout in store – for many shoppers, the experience is all about efficiency. How can retailers prepare for the increase in online shopping?

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Retail Focus

SEPTEMBER 17, 2024

Whether it’s maintaining your point-of-sale (POS) systems, overseeing your inventory management software, or ensuring smooth website functionality for eCommerce operations, having a reliable IT support team ensures everything works seamlessly.

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Inside Retail

SEPTEMBER 4, 2023

It is the silent but essential identifier of products that have revolutionised how we shop, sell, and transport goods. 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.

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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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Retail TouchPoints

MAY 31, 2022

This ultra-fast connectivity — when paired with other technologies such as IoT, computer vision or cloud computing — will enable everything from virtually enhanced, personalized in-store shopping to real-time planogram compliance to up-to-the-second SKU-level supply chain tracking. Fast, Frictionless Checkout.

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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. For example, a customer shopping for jeans could stop at a display that features a sign reading “Need Help?”

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I Vend

DECEMBER 10, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

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I Vend

SEPTEMBER 10, 2024

The software primarily records transactions and can also functions such as updates to inventory management. Stage 3 – Retail Management Solution: The latest level of evolution in retail technology is the retail management solution. What are the benefits of integration between my point of sale and my ERP?

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Payment Services Inventory Management Point of Sale Management 52

Inside Retail

MARCH 21, 2024

Choco Up’s founder and CEO Percy Hung says e-commerce has revolutionised the way consumers shop with today’s shoppers demanding personalised experiences, seamless transactions, and swift delivery – all while expecting exceptional value and quality. The beauty of online shopping is its ease.

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Inside Retail

NOVEMBER 14, 2024

Research shows that a lousy customer experience will deter 76 per cent of customers from returning to shop on your platform. Deliver an omnichannel experience Data from Forbes shows that 73 per cent of consumers today expect a seamless and flexible customer journey when shopping and returning items – both online and offline.

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365 Retail

JUNE 5, 2024

In a business world where customers demand seamless shopping experiences, retailers face intense pressure to keep up. Optimizing Inventory Management Proper inventory control is crucial for any retail business. Enter smart inventory management systems. Read on for more insight! But how do they work?

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Retail Focus

MARCH 29, 2022

To help retailers understand consumer behaviour, international logistics company Advanced Supply Chain Group’s (ASCG), latest research has pinpointed the consumer trends that will have the greatest impact on supply chains in 2022 and the actions retailers are taking to embrace consumer shopping habits and improve supply chain agility. .

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365 Retail

SEPTEMBER 1, 2024

From tailored shopping experiences to simplified inventory control , IoT is leading in producing what we now call “smart stores.” Technologies in these stores let them track inventory in real-time, track customer behaviour , offer tailored recommendations, and even automate checkout.

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Retail TouchPoints

AUGUST 17, 2021

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. AI has a lot to offer grocery stores, especially in inventory management. Practical Benefits of AI in Grocery.

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I Vend

OCTOBER 6, 2022

Let’s take a look at the systems that are most frequently integrated into an omnichannel retail ecosystem – mobile POS, loyalty, click and collect, and inventory management – and the very tangible benefits that retailers get when they include them in their retail technology mix. Minimise ‘showrooming’ – 83.8%

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Retail TouchPoints

JANUARY 20, 2022

The first Amazon Style store is set to open later this year at The Americana at Brand shopping mall in Los Angeles. “We We obsessed over designing a shopping experience focused on helping customers find great looks, and it led us to create Amazon Style,” said a company blog announcing the new store format.

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