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Dollar General Plans 575 New Stores, 4,250 Remodels, Tests Same-Day Delivery

Retail TouchPoints

in the quarter compared to 29% in Q3 2023, a decrease that was attributed to increases in markdowns and inventory damages. The net sales increase was driven by positive sales contributions from new stores and growth in same-store sales, with same-store sales increasing 1.3% over the same quarter in 2023.

Planning 285
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How AI is Revolutionising the Retail Sector

Retail Focus

This reduces overstocking and the need for massive markdowns. Checkout-free stores powered by computer vision AI eliminate checkout lines and scan purchases automatically. Increased Automation Automating manual, repetitive tasks is a key application of AI in retail.

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How to Build Product Pages That Convert

Retail TouchPoints

Then there’s the website navigation, web accessibility, mobile friendliness and the checkout experience. Taking that next step should be intuitive, and shoppers shouldn’t have to scroll or backtrack to move closer to checkout. Then brands should be sure there are no UX roadblocks in the customer’s way as they race to the checkout.

Checkout 299
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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

AI can identify the fastest retrieval routes, automate markdown processes, and provide real-time inventory insights, ultimately improving your margins. Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.

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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. Fake accounts are often aged so they appear legitimate and circumvent validations during checkout. Shoppers expect a frictionless, optimized experience from login to checkout. Bad Bots are Siphoning Profits.

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Six Steps to Stronger Holiday Sales

Retail Adventures

You should also decide now where holiday returns will be processed: at the checkout or at a separate table. MASTER MARKDOWNS Plan now for your post-holiday markdowns. Try to save the sale by politely encouraging an exchange first: “I will be happy to hold your item here at the cashwrap while you shop.”

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From Barcodes to Bytes: Retailers Prepare for Next-Generation UPC

Retail TouchPoints

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. Walmart mandated that its suppliers put it on products by 2022, which has made a big impact on RFID adoption. Doesn’t that sound amazing?!