Inside Retail

JANUARY 24, 2024

The heritage brand, deeply rooted in providing affordable and reliable footwear, faced the challenge of being associated primarily with mature-age consumers. It has always been known as a trusted provider of high-quality footwear to a wide range of consumers, particularly renowned for its school shoes and comfortable sandals.

Inventory Management 130

Inventory Management Visual Merchandising Customer Retention Consumer 130

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. Consumers want it now, and they can get it now with online shopping, which is available 24 hours a day, seven days a week.

Retail Trends 111

Retail Trends Consumer Payment Services Fulfillment 111

Inside Retail

FEBRUARY 26, 2024

There are several economic factors playing havoc with consumers and business operations that are likely to persist into 2024. Consumer sentiment remains low as households stagger under higher costs of living and interest rates. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

RETAIL MANAGEMENT SOFTWARE

AUGUST 2, 2022

When a company has multiple stores, it becomes difficult to manage purchases, sales, purchase returns, and sales returns. That’s why a retail management solution includes inventory management software. Integrated Inventory Management Solutions. It will help you minimize customer complaints.

Management 110

Management Inventory Management Customer Retention Returns 110

Retail TouchPoints

MARCH 13, 2023

Increasing AOV While Building Customer Confidence Puma has been working with Stylitics for almost three years now with the primary aim of increasing basket sizes.

Visual Merchandising 278

Visual Merchandising Shopping Customer Retention Sporting Goods 278

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. And the payoff?

Inventory Management 98

Inventory Management Payment Services Point of Sale Checkout 98

RETAIL MANAGEMENT SOFTWARE

OCTOBER 3, 2022

Leading retailers have embraced digital transformation and leveraged the latest business intelligence (BI) capabilities to identify market trends, spot shopping patterns and changes in consumer behavior, and make informed decisions based on valuable insights. Optimize Inventory Management. Increase Customer Retention Rate.

Customer Retention 110

Customer Retention Inventory Management Customer Experience Kiosk 110

RETAIL MANAGEMENT SOFTWARE

DECEMBER 12, 2022

Equipping staff with enterprise-class mobile POS can add valuable mobility and visibility to the inventory management process. This will enable them to better meet customer needs and ensure they are available to receive and replenish stock items when trucks arrive. This will allow you to serve more customers and save them time.

Payment Services 97

Payment Services Point of Sale Customer Retention Customer Experience 97

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

V Count

SEPTEMBER 15, 2022

As a business owner or a store manager, you’ll face countless challenges, and turning your business into a successful one usually requires time, effort and commitment. Each customer’s shopping journey is unique and each store operates differently. Customer comments on TrustPilot suggest it can be buggy at times. Lightspeed POS.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

365 Retail

NOVEMBER 14, 2022

Inventory management is key. It’s imperative to manage your inventory effectively ahead of Black Friday and Cyber Monday. You can always make your life easier by investing in inventory management software, especially if you are selling through multiple channels like Shopify or eBay.

Merchant Services 59

Merchant Services Payment Services Inventory Management Fulfillment 59

Star Miconics

MARCH 29, 2024

Its simplicity and efficiency have made barcode technology a staple in inventory management across diverse sectors, including grocery, retail , and hospitality. Furthermore, they have become indispensable in inventory management, helping to identify sales trends and tracking items throughout the supply chain.

Payment Services 59

Payment Services Inventory Management Checkout Point of Sale 59

V Count

SEPTEMBER 15, 2022

As a business owner or a store manager, you’ll face countless challenges, and turning your business into a successful one usually requires time, effort and commitment. Each customer’s shopping journey is unique and each store operates differently. Customer comments on TrustPilot suggest it can be buggy at times. Lightspeed POS.

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

Retail Bound

DECEMBER 13, 2021

Those changes end up consuming time and human resources. Customers get disappointed the moment they realize that a product is out of stock. Inventory management is critical to avoid such situations. It is recommendable that you implement inventory management software. However, you cannot achieve it manually.

Fulfillment 52

Fulfillment Shipping Inventory Management Returns 52

Storis

SEPTEMBER 17, 2024

The digital age has redefined consumer expectations, making a seamless multi-channel shopping experience paramount for retailers. This level of service not only improves customer satisfaction but also boosts sales and fosters loyalty. To remain competitive, brick-and-mortar stores must adapt to these evolving expectations.

Customer Retention 52

Customer Retention Inventory Management Customer Experience Point of Sale 52

Retail Minded

SEPTEMBER 30, 2022

Companies in different industries use tools like SaaS marketing software, inventory management tools, and CRM systems that rely on data to provide valuable insights. . You can start with a simple method by seeing what kind of phones your customers are using to contact your business. Improved customer retention .

Customer Retention 52

Customer Retention Inventory Management Marketing Promotions 52

365 Retail

OCTOBER 19, 2023

To foster expansion, you must optimise various aspects of your business, from customer experience to data analysis. Identifying Market Opportunities Recognising market gaps and consumer demands is paramount for e-commerce growth. Spend time dissecting your sales data and customer feedback.

Customer Retention 52

Customer Retention Inventory Management Promotions Marketing 52

Retail Next

SEPTEMBER 24, 2019

Retailers depend directly on consumers for their business growth, which has placed shopper experience and customer satisfaction at the top of the priority list, making customer and market research very important. Recognizing potential threats. Creating a brand positioning strategy, etc.

Point of Sale 88

Point of Sale Inventory Management Target Market Customer Experience 88

Retail Times

MARCH 29, 2021

It’s no secret that consumer expectations today are higher than ever. Industry data shows that 1 in 10 shoppers will stop buying from a retailer because of slow delivery and only 46% of consumers are happy with how long it takes for orders to arrive. Suffice it to say that order fulfillment is a big deal for modern consumers.

Shipping 59

Shipping Fulfillment Inventory Management Location 59

365 Retail

SEPTEMBER 16, 2024

Retail businesses face constant challenges, from fluctuating market conditions to changing consumer demands. This guide provides actionable strategies to streamline retail operations by setting clear financial priorities, managing cash flow, and optimising resources. Staffing is another major expense that should be monitored closely.

Payment Services 52

Payment Services Planning Inventory Management Management 52

Rain Pros

AUGUST 18, 2023

The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations. eCommerce has dramatically disrupted the retail sector in recent decades by changing how people shop.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Rain Pros

AUGUST 18, 2023

The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations. eCommerce has dramatically disrupted the retail sector in recent decades by changing how people shop.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

CJ Retail Solutions

DECEMBER 4, 2024

In crowded markets where numerous options vie for consumer attention, visual appeal can be a deciding factor in where customers choose to shop. Retailers that invest in their storefronts not only enhance their immediate visibility but also create lasting impressions that resonate with customers long after they leave the store.

Inventory Management 52

Inventory Management Customer Experience Clienteling Customer Retention 52

Retail Minded

APRIL 20, 2023

Moreover, well-trained employees are more adept at handling diverse customer situations, leading to higher customer retention rates and increased sales. Optimize Your Store Layout A well-optimized layout enhances the shopping experience, increasing sales and customer satisfaction.

Payment Services 52

Payment Services Store Layout Customer Retention Inventory Management 52

CJ Retail Solutions

AUGUST 17, 2024

More advanced retail settings have replaced traditional brick and mortar stores with their small inventory & manual checkout procedures. These days, retailers use technology to give customers smooth, customized shopping experiences. Key Takeaways Retail is evolving with technology, transforming the shopping experience.

Marketing 52

Marketing Point of Sale Payment Services Promotions 52

RETAIL MANAGEMENT SOFTWARE

DECEMBER 8, 2021

Building a loyal customer base is crucial to thrive or even survive in the footwear business. While marketing and consumer management professionals seem to agree that there is no magic formula for customer retention, experts believe there are a few retail business tips that shoe brands and retailers may use to keep their customers loyal.

Merchant Services 52

Merchant Services Clienteling Customer Retention Operating Expenses 52

Retail Bound

MARCH 21, 2024

Expand Product Offerings: Expanding the product range diversifies market reach and attracts new customers. By adapting to emerging trends and consumer preferences, wholesalers can drive revenue growth and maintain competitiveness. Success in these cases will rely heavily on execution, rather than innovation.

Payment Services 52

Payment Services Wholesale Supply Chain Management Customer Retention 52

Retalon

FEBRUARY 15, 2024

Retail analytics insights directly impact sales and customer loyalty by enabling more personalized shopping experiences and efficient inventory management. According to Itransition, predictive analytics leverages machine learning and statistical modeling to unveil patterns in customer behavior.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

I Vend

AUGUST 19, 2024

Customers are much more likely to be loyal when they feel appreciated, known and valued , so appreciation is one of the fastest, and most effective ways to build loyalty. The reason that loyalty is such a big goal in retail is that, quite simply, customer retention is the most cost-effective marketing strategy.

Point of Sale 52

Point of Sale Promotions Checkout Customer Retention 52

Retalon

AUGUST 22, 2023

How to Calculate GMROI = (Annual Gross Margin ÷ Average Inventory) x 100 To break this down: Gross Margin = Total Revenue – Cost of Goods Sold Average Inventory = (Beginning Inventory + Ending Inventory) / 2 Benchmarks GMROI can vary widely depending on the retail sector: Overall, a GMROI of 2.0+ Anything under 1.0

Customer Retention 41

Customer Retention Returns Payment Services Promotions 41

Retalon

AUGUST 5, 2020

Navigating changing consumer tastes and the evolving technology landscape has always made retail a challenging industry. Throughout the history of retail, success and failure has come down to how well a company manages — and profits from — its inventory investment. Customer Lifetime Value Benchmark Example.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41