Retail TouchPoints

MARCH 30, 2023

The Private Label Manufacturers Association reported that sales of private label consumer packaged goods soared 11% last year to nearly $230 billion. Sales of store brand products often rise during periods of economic hardship, and it’s clear that double-digit inflation has spurred consumers to turn to cheaper alternatives to save money.

Consumer 253

Consumer Supply Chain Management Management Returns 253

Retail TouchPoints

MAY 4, 2022

Purple has appointed supply chain veteran Eric Haynor as its COO, effective June 6, 2022. Haynor’s 30 -year career includes his recent role as SVP of Global Industrial Supply Chain at water treatment company Ecolab, Inc.

Supply Chain Management 272

Supply Chain Management Returns Consumer Planning 272

Retail TouchPoints

OCTOBER 28, 2022

Every business has a number of core processes, units and departments that each function as vital cogs in the machinery, including manufacturing, order management, purchasing inventory, accounting, human resources, financial management and so much more. What Should you Look for in your Retail ERP System? That is not all.

Supply Chain Management 274

Supply Chain Management Inventory Management Management Accounting 274

Retail TouchPoints

JANUARY 17, 2025

If a nearly 15% return rate sounds high, consider the range of reasons why consumers return merchandise. These challenges frustrate both retailers, who face increased costs and logistical burdens, and consumers, who feel dissatisfied when products fail to meet their needs. Europe, and APAC.

Returns 157

Returns Supply Chain Management Customer Experience Finance 157

Retail TouchPoints

MAY 20, 2022

Wilks will be responsible for the strategic leadership of REI’s global supply chain, working with other leaders across the organization to develop its network and support the company’s growth. Wilks has more than 25 years of experience in the retail, food and beverage and consumer product industries.

Supply Chain Management 274

Supply Chain Management Planning Management Consumer 274

Retail TouchPoints

DECEMBER 27, 2021

With global attention focused on mitigation, adaptation and resilience, how are retailers managing related risks and considering possible business opportunities? ESG analysis could indicate that management is focused on long-term competitive market advantages that also may help it meet future bondholder obligations.

Supply Chain Management 357

Supply Chain Management Consumer Management Fashion 357

Retail TouchPoints

OCTOBER 5, 2020

Patent and Trademark Office , which employs RFID to reduce the time, money and workload involved in managing assets and conducting inventory counts. Department of Defense. Best RFID Implementation (Other Industry) The U.S.

Supply Chain Management 274

Supply Chain Management Accounting Management Consumer 274

Retail TouchPoints

JULY 20, 2022

Global conflicts, economic uncertainty and volatile demand patterns have thrown supply chains (and the retailers that rely on them) for a loop. This, in turn, is driving warehouse and supply chain managers to seek out technologies that minimize costs and human touch points, while speeding up processes.”

Supply Chain Management 301

Supply Chain Management Customer Experience Shipping Management 301

Retail TouchPoints

SEPTEMBER 1, 2022

But in the midst of today’s current supply chain issues, inflation and fluctuating consumer demand, many retailers are finding themselves in the opposite scenario, with an excess of stock. Take Back Control With Tech-Enabled, End-to-End Supply Chain Management.

Fulfillment 305

Fulfillment Supply Chain Management Management Consumer 305

Retail TouchPoints

MAY 2, 2022

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. This is especially true for younger consumers: some 75% of millennials say they consider sustainability when making a purchase. These tools use AI to predict consumer needs and can help sellers minimize overstocking.

Drop-Shipping 332

Drop-Shipping Returns Supply Chain Management Shipping 332

Retail TouchPoints

APRIL 25, 2022

Conscious consumption is on the rise and two big names in retail have launched new programs to tap into the consumer appetite to shop sustainably. eBay UK Features ‘Imperfect’ Products from North Face, Puma and More. eBay UK describes its new “ Imperfects ” program as “the fashion equivalent to supermarkets’ wonky veg initiatives.”

Fashion 274

Fashion Apparel Supply Chain Management Consumer 274

Retail TouchPoints

JUNE 8, 2022

Dr. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee, noted that supply will be available and the main challenge will be managing promotions.

Planning 274

Planning Supply Chain Management Promotions Markdowns 274

Inside Retail

APRIL 26, 2024

Thanks to rapid innovations in supply chain management, AI technology and digital marketing, e-commerce is increasingly playing an integral role in the lives of everyday Aussies. Customer retention With both consumers and retailers feeling the pinch of increasing costs, customer retention will be a key theme of 2024.

Customer Retention 277

Customer Retention Fulfillment Social Commerce Supply Chain Management 277

M19 Retail

OCTOBER 11, 2024

Why Your Supply Chain Management System Depends on the Right Retail Inventory Management Software In today’s complex retail environment, managing a supply chain management system is no small feat.

Supply Chain Management 52

Supply Chain Management Inventory Management Management Markdowns 52

Inside Retail

JULY 12, 2021

The transaction combines Youfoodz’s strength in developing and manufacturing delicious ready-made meals with HelloFresh’s expertise in supply chain management, technology and direct-to-consumer marketing,” Youfoodz said in its statement to shareholders. The bid values Youfoodz at approximately $125.3

Supply Chain Management 239

Supply Chain Management Marketing Planning Management 239

Retail TouchPoints

APRIL 19, 2024

After all, studies show that consumers care more about the environmental impact of their purchasing decisions than ever before. RFID Technology and Sustainability RFID technology is the key for retail businesses to unlock greater sustainability and efficiency in their supply chain management.

Supply Chain Management 261

Supply Chain Management Fast Fashion Apparel Shipping 261

Retail TouchPoints

NOVEMBER 18, 2021

Consumer expectations of retailers have been transformed by their experiences buying from Amazon and other innovative retailers that are able to provide fast, efficient omnichannel experiences. In tandem, consumer expectations have grown. Optimized supply chain management to avoid stockouts and overstocking.

Supply Chain Management 261

Supply Chain Management Fulfillment Shipping Inventory Management 261

Retail TouchPoints

SEPTEMBER 25, 2023

“While we’ve returned to some sense of normalcy, the VUCA [volatile, uncertain, complex and ambiguous] proposition has become a reality,” said Dr. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee. Retailers have to right-size consumer expectations.

Returns 301

Returns Supply Chain Management Fulfillment Customer Experience 301

Retail Minded

OCTOBER 2, 2023

Effectively managing a retail supply chain is essential for meeting customer demands and maintaining a competitive edge in the market. Tackling retail supply chain challenges is a blend of smart strategies and the right technologies.

Supply Chain Management 52

Supply Chain Management Management Inventory Management Outdoor 52

Retail TouchPoints

MARCH 28, 2023

Devising a new returns policy, then, entails managing a series of trade-offs that vary from one business to the next. Under lenient returns policies, retailers tend to be too quick to blame high returns on so-called “opportunistic renters” — consumers who buy with the intention of returning the item rather than keeping it.

Returns 274

Returns Home Furnishings Supply Chain Management Consumer 274

Inside Retail

AUGUST 25, 2021

Effective supply chain management, scale and in-store support are integral components of the end-to-end provided by Strikeforce. About the author : Stephen Wilson is category & insights manager at Strikeforce. The post How Covid-19 is reshaping the consumer appeared first on Inside Retail.

Consumer 147

Consumer Supply Chain Management Returns Supermarket 147

Inside Retail

AUGUST 16, 2022

“The successful execution of our omni-retail strategy, our enhanced digital capability, proactive supply chain management, and an outstanding contribution from our team members were central to this performance,” he said.

Supply Chain Management 246

Supply Chain Management Net Profit Wholesale Apparel 246

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

Inside Retail

NOVEMBER 24, 2024

Around 2019, my design team and I started to look around to see if there were any opportunities to create our own consumer brand,” he said. E-commerce was booming in China at the time, and the team experimented with several small brands at lower price points that were aimed at consumers surfing sites like Taobao.

Supply Chain Management 130

Supply Chain Management Consumer Marketing Boutique 130

Retail TouchPoints

MARCH 21, 2022

5G can Drive Consumer Engagement. 5G is expected to be a powerful catalyst to disrupt retail operations, from optimizing warehouses and supply chain management to transforming the in-store customer experience through personalization and product engagement.

Payment Services 261

Payment Services Checkout Supply Chain Management Customer Experience 261

Retail TouchPoints

MARCH 30, 2022

Consumers’ continued reliance on omnichannel fulfillment has created new opportunities for industry giants like Walmart to differentiate and gain market share. The program also supports degrees in business, technology, supply chain management and other fields. The retailer reported 5.6%

Fulfillment 293

Fulfillment Drop-Shipping Supply Chain Management Grocer 293

Retail TouchPoints

SEPTEMBER 18, 2023

Here’s a look at how Amazon is moving even further away from the domain of retailer with the debut of new services in supply chain management, shipping, banking, market research, product development, inventory management and more. Now qualified sellers can borrow more, up to $5 million.

Payment Services 318

Payment Services Shipping Fulfillment Finance 318

Retail Times

SEPTEMBER 11, 2023

In today’s interconnected world, supply chain management plays a vital role in ensuring the smooth flow of goods and services from raw materials to the end consumers. To address these issues, the emergence of blockchain technology […] If you want more information Retail Times get in touch!

Supply Chain Management 40

Supply Chain Management Management Consumer 40

Wiser

JUNE 5, 2023

As a small business owner, managing supply chain issues is nothing new. Because smaller retailers cannot always order in bulk or far in advance like many larger retailers do, any supply chain disruptions are often felt faster and stronger by small businesses.

Management 147

Management Drop-Shipping Shipping Supply Chain Management 147

Retail TouchPoints

SEPTEMBER 14, 2023

that delivers pretty much any item to a consumer with science fiction-style immediacy, retailers remain bound by 21 st -century delivery methods. Unfortunately for retailers, fast fulfillment is rapidly moving from a differentiating “perk” to a consumer expectation. “On Until someone invents a Star Trek -style replicator (“Tea.

Fulfillment 273

Fulfillment Shipping Supply Chain Management Consumer 273

Retail TouchPoints

FEBRUARY 11, 2021

We’re going to skip any in-depth discussion of consumers’ ever-warming embrace of online shopping because it feels more “established than trending,” and because with limited space we want to cover what we believe are more intriguing developments for supply chain professionals. Consumers appreciate the focus on health and safety.

Retail Trends 228

Retail Trends Payment Services Supply Chain Management Fulfillment 228

Retail TouchPoints

JANUARY 30, 2024

The role of such a committee — consisting of individuals from different departments and backgrounds — extends from supply chain management to customer interaction. An AI committee can actively oversee the ethical deployment of AI in areas like personalized shopping experiences and customer data usage.

Customer Experience 339

Customer Experience Supply Chain Management Promotions Advertising 339

Retail Bound

NOVEMBER 5, 2024

With the rise of technology, retail has now entered the digital age where consumers can shop at the click of a button from the comfort of their own homes. AI has revolutionized the retail industry by providing both product startups and retailers with valuable insights into consumer behavior and preferences.

Supply Chain Management 52

Supply Chain Management Marketing Management Consumer 52

Retail TouchPoints

APRIL 28, 2022

Since supply chains consume resources on a large scale, they are also responsible for a disproportionately large share of the world’s carbon emissions. Developing a sustainable supply chain strategy begins with ethical sourcing and creating a circular economy with healthy business practices.

Planning 246

Planning Drop-Shipping Supply Chain Management Returns 246

Retail TouchPoints

MAY 26, 2022

It’s the question that’s on every retailer’s — and not a few consumers’ — minds: When will global supply chains flow freely once more? With supply chain challenges come the higher costs feeding inflation, which is itself a double-edged sword. And remember that 70% of our economy is consumer-based.

Promotions 284

Promotions Supply Chain Management Consumer Shipping 284

Retail TouchPoints

SEPTEMBER 4, 2024

Experiential Retail to Redefine Consumer Engagement The future of retail lies in transforming stores into engaging environments that captivate customers beyond traditional shopping. However, to counteract the trend of diminishing footfall, physical stores must evolve, offering unique advantages that online platforms cannot replicate.

Supply Chain Management 261

Supply Chain Management Point of Sale Shopping Location 261

Retail TouchPoints

JULY 27, 2020

Nowadays, the experience of browsing virtual re-creations of physical stores couldn’t be more important for consumers. But it’s worth remembering that those virtual environments are modeled on physical stores for a reason, and the future will see consumers flitting comfortably between both. Smooth Operators Appeal Online And Off.

Retail Trends 240

Retail Trends Payment Services ATS Checkout 240