Retail Focus

MARCH 25, 2025

Grocery stores that promote organic or specialty foods frequently include budget lines to attract customers who can no longer afford premium items. When inflation is high, department stores expand their clearance sections. Retailers who once proudly showcased endless product varieties now stock half as many options.

Consumer 130

Consumer Drop-Shipping Shipping Store Layout 130

Retail Dive

APRIL 17, 2023

The regional department store is positioned well thanks to strong inventory management and limited discounting, according to analysts.

Inventory Management 117

Inventory Management Department Stores Management 117

RETAIL MANAGEMENT SOFTWARE

JUNE 27, 2024

In today’s competitive retail landscape, department stores must continuously seek ways to enhance efficiency to stay profitable and keep customers satisfied. To help department stores optimize their operations, here are seven key best practices that can drive efficiency and success.

Department Stores 52

Department Stores Inventory Management Inventory Turnover Store Layout 52

Retail TouchPoints

NOVEMBER 19, 2021

When the first department store opened more than 100 years ago, the goal was to offer a multitude of specialty goods to a large number of people. Today, online stores serve that same purpose, but brick-and-mortar retail remains a powerful mechanism for both buyers and sellers.

Fulfillment 305

Fulfillment Jewelry Consumer Inventory Management 305

Retail TouchPoints

JUNE 19, 2023

Our research found that Amazon Prime members are not habitual impulse buyers when online shopping — yet they turn to impulse buying when they make trips to physical stores. Prime members impulse purchase 30% more at department stores than non-Prime members, our study showed.

Inventory Management 276

Inventory Management Department Stores Consumer Shopping 276

Inside Retail

JANUARY 3, 2023

Whether it’s a small boutique or a major department store chain, all businesses can harness the potential of this powerful technology. In stores, RPA robots can be used for tasks such as shelf stocking and inventory management. Payment systems evolution.

Payment Services 290

Payment Services Shopping Checkout Kiosk 290

Inside Retail

JANUARY 23, 2022

The first store will open later this year at The Americana at Brand, a shopping centre in Los Angeles, and reportedly be around 30,000 square feet – much smaller than a typical department store, which is around 100,000 square feet.

Department Stores 130

Department Stores Checkout Inventory Management Fashion 130

Retail TouchPoints

JULY 20, 2022

Department Stores ( 66% ) and Home & Houseware ( 65.9% ) followed closely behind, showing that verticals with high SKU counts have the most to gain from omnichannel capabilities. The technology to support seamless shopping experiences is at their fingertips, but technology is only part of the equation.”

Consumer 288

Consumer Customer Experience Inventory Management Shopping 288

Inside Retail

MARCH 8, 2023

Meeting market volatility According to Professor Gary Mortimer, chair of the consumer research advisory committee at the Australian Retailers Association, Myer’s strong result, along with that of David Jones suggests that traditional department stores are rebounding, after struggling for about a decade.

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

Inside Retail

FEBRUARY 26, 2024

Just this week, American department store chain Nordstrom announced a unique collaboration with the British fashion brand Paul Smith. The founder of the eponymous brand highlighted another similarity between his business and the department store chain. “I The brand can also gain experience with retail operations.

Retail Trends 130

Retail Trends Department Stores Fashion Inventory Management 130

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. YOY growth this holiday season, whereas department stores will only see a 0.3%

Merchant Services 287

Merchant Services Payment Services Promotions Location 287

Inside Retail

SEPTEMBER 25, 2023

This involves integrating technologies like inventory management systems,customer relationship management (CRM) software and unified commerce platforms to ensure the customer is constantly and consistently engaged at whatever touchpoint they prefer.

Inventory Management 130

Inventory Management Fulfillment Accessories Management 130

Inside Retail

DECEMBER 7, 2021

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. And gaining unique insights into consumers’ likely purchasing behaviour is now possible through the CommBank Household Spending Intentions (HSI) Index.

Payment Services 130

Payment Services Inventory Management Consumer Accounting 130

Inside Retail

DECEMBER 10, 2024

AI is already being used in various retail applications, from inventory management to personalised recommendations, and this technology will only grow in its capabilities and scope. This technology has the potential to revolutionise online shopping, making it feel as engaging as visiting a physical store.

Social Commerce 130

Social Commerce Consumer Shopping Inventory Management 130

Inside Retail

SEPTEMBER 7, 2023

Such actions resoundingly echo our mutual commitment to waste reduction and responsible inventory management,” Brien added. “These initiatives encompass collecting beauty empties, clothing, footwear, and even reducing book prices to facilitate the clearance of outdated stock.

Clienteling 130

Clienteling Inventory Management Shopping Management 130

Retail Next

NOVEMBER 18, 2019

Driving up to the store, I was struck by the retro façade. At RetailNext we often use two photos to illustrate how little has changed in physical retail, particularly department stores. We have one photo of a department store of today and one of 30 years ago illustrating the lack of change. But this was fun.

Department Stores 72

Department Stores Inventory Management Shipping Location 72

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

While Department stores are the ones to get the highest traffic during Valentine’s Day (36%), followed by discount stores and online shopping (32%), specialty stores are expected to grab 19% of shoppers, whereas local small stores stand at 15% followed by clothing stores and jewelry shops tied at par with 11% of intentions.

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

While Department stores are the ones to get the highest traffic during Valentine’s Day (36%), followed by discount stores and online shopping (32%), specialty stores are expected to grab 19% of shoppers, whereas local small stores stand at 15% followed by clothing stores and jewelry shops tied at par with 11% of intentions.

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

M19 Retail

DECEMBER 9, 2022

RIS Software LeaderBoard Mi9 Retail Rankings: #2 – Customer Satisfaction for Department Store/Mass Merchant Vendors. #2 2 – Vendor Leader for Department Store / Mass Merchant . #5 Health crisis: what impact on supply management in points of sale? 5 – Apparel Vendor Leaders. #7

Merchant Services 40

Merchant Services Department Stores Point of Sale Apparel 40

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

While Department stores are the ones to get the highest traffic during Valentine’s Day (36%), followed by discount stores and online shopping (32%), specialty stores are expected to grab 19% of shoppers, whereas local small stores stand at 15% followed by clothing stores and jewelry shops tied at par with 11% of intentions.

Jewelry 40

Jewelry Specialty Store Point of Sale Inventory Management 40

VMS

MAY 12, 2021

When was the last time you saw someone from a department store talking about how they have increased the recycling of cardboard and packaging, or implemented in-store signage touting these facts? An ugly byproduct of retailers’ attempts to keep stores well stocked, overstock also angers the buying public.

Visual Merchandising 52

Visual Merchandising Inventory Management Consumer Department Stores 52

Retalon

AUGUST 22, 2023

It calculates the number of times average inventory is sold during a period. A higher turnover ratio means inventory is sold more times throughout the year. This indicates strong sales and effective inventory management practices. A lower turnover ratio means inventory sits on shelves longer before being sold.

Inventory Turnover 41

Inventory Turnover Specialty Retailers Apparel Inventory Management 41

Retail Next

OCTOBER 24, 2019

One of the hottest trends in retail right now is BOSS: Buy Online and Ship to the Store for pickup (very similar to, but not the same, as BOPIS, or Buy Online, Pickup In Store). It’s the digital version, for us dinosaurs, of going to a department store and having them order the right size when something wasn’t in stock.

Shipping 59

Shipping Shopping Fulfillment Location 59

Retalon

FEBRUARY 10, 2025

A large department store that consolidates its PreSeason and InSeason planning into one AI-powered system can expect a reduction in planning errors of 45% leading to increasing profitability by 20%. Integration capabilities Does it integrate with existing ERP, POS, and inventory management systems?

Planning 41

Planning Inventory Turnover Markdowns Location 41

CJ Retail Solutions

JULY 27, 2024

Whether it’s a small boutique or a large department store, retailers must carefully plan the allocation of space to ensure that products are effectively showcased without overcrowding or cluttering the store.

Visual Merchandising 52

Visual Merchandising Promotions Store Layout Shopping 52

Retalon

JANUARY 7, 2021

Consider a department store planning for Valentine’s Day. Forecasts on the stores’ core inventories may not focus on books because the holiday is not a big time for book sales. Instead, they focus on just a few key SKUs while lumping everything else into category-level forecasts.

Markdowns 41

Markdowns Promotions Accounting Planning 41

I Love Fashion

JANUARY 19, 2023

Their products are now available at Dillard’s, Bloomingdale’s Nordstrom’s Hudson’s Bay-like department stores. For example, inventory management tools. These tools automate the whole process for you, making your retailing process easier to manage. What you can do is rely on the invention of technology.

Wholesale 40

Wholesale Merchant Services Fashion Payment Services 40

Inside Retail

FEBRUARY 17, 2025

Japanese retailer Uniqlo is investing heavily in radio-frequency identification (RFID) technology to accelerate supply chain efficiencies, with an ambition to embed RFID into its global product range, facilitating improved inventory management and the customer self-checkout experience.

Payment Services 130

Payment Services Social Commerce Department Stores Consumer 130

Retail TouchPoints

AUGUST 27, 2021

Many upscale department store retailers like Selfridges , Galeries Lafayette and Neiman Marcus have employed a heavy “concession” model for years, and others like Best Buy and Tesco experimented too, but like omnichannel customer expectations, COVID-19 accelerated the shop-in-a-shop trend across all types of mainstream retail.

Inventory Management 279

Inventory Management Department Stores Management Shopping 279

Retail TouchPoints

OCTOBER 16, 2024

Another compelling example comes from a leading department store that implemented AI pricing across its physical and digital channels. In the test group of brick-and-mortar stores, the AI solution led to a 13% increase in new and existing customers while boosting basket-level revenue by 4%.

Consumer 306

Consumer Retailing Pricing Inventory Management Promotions 306