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While most supermarkets prioritized developments that facilitated COVID-era shopping behaviors like grocery delivery, curbside pickup or self-checkout, grocery shoppers are now looking for improved in-store experiences. The grocery industry has been lucky not to have the pendulum swing from the COVID closures of specialtyretail.
Theft is still a problem, but the rise in violent incidents has made retail environments much more dangerous. This trend isn’t uniform across the board — stores selling everyday goods in high-traffic urban locations are generally at higher risk than specialtyretailers and those situated in suburban shopping centers.
In the world of specialtyretail, where passion and a deep understanding of niche products and services meet, the quest for providing an exceptional shopping experience for your unique clientele becomes the heart and soul of every decision you make. So, jump into the future of specialtyretail with Rain Retail Software!
Although mass merchants are poised to get the majority of back-to-school and back-to-college sales, apparel and specialtyretailers have more opportunities than ever to use social channels like TikTok and Instagram to bridge connections. Gen Z-centric brands prioritizing digital community building.
At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialtyretail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions.
iVend unlike some retail software providers offers a true omnichannel retail management system, enabling transactions like click and collect, and allowing customers to earn and redeem loyalty points whether theyre online or offline. If the office loses connectivity, the software will simply send updates once the network is back.
Barcode Scanning: Efficient checkout processes are facilitated by barcode scanning. Ensure your POS system supports barcode scanning to speed up transactions and reduce errors at the checkout counter. A POS system that syncs with your online store ensures consistent pricing, inventory levels, and customer data across all channels.
(PRESS RELEASE) SARASOTA, FL – All Point, a specialtyretail IT solutions company, has announced its Managed Retail Commerce offering, a new service that helps maximize the potential of unified commerce for retailers.
Barcode Scanning: Simplify inventory management and checkout processes with barcode scanning capabilities. Automated Discounts: Apply discounts automatically at checkout based on predefined rules and criteria, ensuring consistency and accuracy.
Mobile POS eliminates these friction points while expediting checkout anywhere in a showroom. 41% of surveyed retailers find the most advantageous use of this data is clienteling, which can be conducted by sales associates to increase their productivity during off-peak hours. 2023 Unified Commerce Benchmark for SpecialtyRetail.
Free-flow layout: Boutique and specialtyretailers benefit from a free flow layout. If your store has checkout lanes, consider adding a queue with displays of impulse items shoppers have to pass through while waiting their turn to pay. Loop layouts generally work best in a larger footprint.
For example, while the Amazon Go (just walk out) concept may have passed its useful life, that doesnt mean the concept of frictionless retail is dead. Self-checkout technology, introduced around 10 years ago, was maligned by many at first, but has now become an embedded part of the shopping experience and continues to evolve.
Rise of AI-Powered Search & Perplexitys Native Checkout Perplexitys Surge : Scot shares his switch from Google to Perplexity as his primary search engine, noting the emerging competition from OpenAIs ChatGPT search. Jason: [3:15] The biggest retailers that are, you know, best at really being highly efficient and low cost.
A least one retailer has an AI based auto-replenishment solution with significant adoption. Bifurcation drives at least two more retail bankruptcies, including 1 national specialtyretailer, and one general merchandise/dept store. two top 50 retailers) China companies focus more on West and get more traction.
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