Wiser

FEBRUARY 11, 2020

Do you need to know what is going on inside brick-and-mortar stores? Have questions around merchandising, inventory, category management, store operations, and more? Then you may need to conduct a retail audit. What is a retail audit? We define this concept as “the act of data collection from brick-and-mortar store locations to gather information on merchandising compliance, adjacencies, inventory levels, store associate knowledge, and many more shelf-level metrics.” Of course, a s

Finance 128

Finance Location Store Operations ATS 128

Retail Next

FEBRUARY 13, 2020

Retail business is getting increasingly competitive because it allows almost anyone to launch an online store within hours. Millions of digital retailers are already active on the Internet, but only a few top-performers know how to outpace competitors and grab a significant chunk of market share. At the same time, traditional retailers still keep the majority of market share and successfully deal with the challenges of the Internet era.

Inventory Management 59

Inventory Management Consumer Management Marketing 59

Retail Eye

FEBRUARY 14, 2020

Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends! This series is based on our annual publication Global Retail Trends and Innovations, developed in partnership with our affiliate members from the Ebeltoft Group. Throughout the next few months, we will explore the hot four trends (Omni […].

Retail Trends 52

Retail Trends 52

Shopper Motion

FEBRUARY 12, 2020

In a previous article , we talked about recognizing various end caps intelligence in retail companies and making maximum use of them to increase sales and exposure. This, however, is not the end of our analysis and dealings with the end caps and Business Intelligence in retail. Today we are tackling the following end cap questions: From every hundred shoppers that pass-by our end cap, how many converted into a sale ?

Promotions 52

Promotions Management Supermarket Accounting 52

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Customer Experience

Storis

FEBRUARY 11, 2020

Retail success relies on customer retention. While a store full of customers is ideal, the number that truly counts is how many are loyal to your brand. Repeat customers add value to your business in the form of increased sales, higher conversion rates, and positive word of mouth advertising. According to Bain & Company, increasing your customer retention rates by 5% can generate a 25% increase in profit.

Customer Retention 52

Customer Retention Customer Experience Checkout Advertising 52

Retail Next

FEBRUARY 12, 2020

Retail is a tough business. We get it. With increased competition and increased shopper expectations, there’s no place to hide, and the business is certainly not for the faint of heart or those short on commitment. In this new era of shopper-led retail, retailers are forced to operate at peak efficiencies, optimizing the shopper experience by wisely investing a limited amount of resources – employees, time and money.

Store Operations 59

Store Operations ATS 59

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general. They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. Showering close friends, co-workers and family with #Valentine gifts is expected to skyrocket to $27.4 billion, up 32% from last year’s record $20.7 billion.

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

Retail Technology Review

FEBRUARY 12, 2020

A leading European online contact lenses supplier is offering savings of up to 45% on major high street opticians, due in big part to the company’s ‘direct to consumer’ (D2C) model. Superior service relies on a lean infrastructure that enables speedy turnarounds, fast delivery and providing a consistent great customer experience –and integral to VisionDirect success is the SnapFulfil cloud-based warehouse management system (WMS).

Customer Experience 46

Customer Experience Management Consumer 46

Retail Next

FEBRUARY 11, 2020

The retail industry has had to change rapidly in response to transforming customer needs. Shoppers want their orders the next day, with free shipping whenever possible. They want new, convenient ways to receive packages that fit in with their busy schedules. Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates.

Shipping 59

Shipping Drop-Shipping Payment Services Supply Chain Management 59

Retail Eye

FEBRUARY 14, 2020

Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends!

Retail Trends 52

Retail Trends 52

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RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general. They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. Showering close friends, co-workers and family with #Valentine gifts is expected to skyrocket to $27.4 billion, up 32% from last year’s record $20.7 billion.

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

Retail Technology Review

FEBRUARY 11, 2020

EBI.AI, one of the most advanced Artificial Intelligence (AI) labs in the UK, has been chosen by Coop Sweden, one of the largest grocery retailers in the country, to build the world’s most advanced grocery retail AI assistant, available to Coop customers in Sweden via apps, web or Google assistant.

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Retail Next

FEBRUARY 14, 2020

Yearly and monthly trends are factors every retail owner and manager must consider. Grills trend in the summer, jackets in autumn, and toys in winter. It is important to understand and incorporate this information into your operations in order to be efficient and successful. Try to Understand Your Market. As you know, the particular segment your business operates within will play a large part in determining the impact of seasonality.

Management 52

Management Planning Marketing Advertising 52

Medallion Retail

FEBRUARY 11, 2020

At-home coffee brewing has always been a mainstay of U.S. households. The industry has seen everything from percolators to Mr. Coffee, but nothing revolutionized the market quite as much as the introduction of single-serve capsules. The global market for coffee The post An International Brand’s U.S. Retail Launch: Designing the Display appeared first on Medallion Retail.

Marketing 40

Marketing ATS Consumer 40

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Accounting

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general. They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. Showering close friends, co-workers and family with #Valentine gifts is expected to skyrocket to $27.4 billion, up 32% from last year’s record $20.7 billion.

Jewelry 40

Jewelry Specialty Store Point of Sale Inventory Management 40

Retail Technology Review

FEBRUARY 13, 2020

Septentrio’s new web shop offers direct access to mosaicTM multi-frequency GNSS receiver module. Customers can purchase the mosaicTM development kit quickly and easily to evaluate this unique module.

Shopping 28

Shopping 28

Retail Next

FEBRUARY 13, 2020

The latest edition of the RetailNext Retail Performance Pulse has been published and is available for download, providing an overview of brick-and-mortar store performance for the retail month of January 2020 (January 5 through February 1 on the industry’s 4-5-4 calendar). Download the Retail Performance Pulse for January 2020 store results. Retail stores enjoyed a strong start to the New Year as sales remained relatively flat, declining just 0.4 percent for the month of January, as measured on

ATV 52

ATV ATS Retail Trends 52

Retail Next

FEBRUARY 9, 2020

Innovative marketing campaigns require businesses to adjust their strategies to new digital trends. One of such is the growing amount of voice searches done every day – almost a third of searches are currently categorized as “voice search.” Here are seven steps to prepare your innovative marketing campaigns for voice search. 1. Use Language That Sounds Natural.

Marketing 52

Marketing Payment Services Promotions Location 52

Advertiser: Experience Retail Today

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

Fashion

Retail Technology Review

FEBRUARY 13, 2020

Retail sector posts weakest small business outlook for 2020. Less than a third of small businesses in the retail sector are predicting growth for the early months of 2020. This is the worst growth outlook for the retail sector since the start of 2016.

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Retail Technology Review

FEBRUARY 12, 2020

The sale of prestige women’s face skincare products in the UK reported an increase of 2% in the 12 months to the end of 2019 according to The NPD Group. The total value of the prestige beauty market in the UK was valued at £2.6 billion in 2019, a decline of 3% when compared to the same period in 2018.

Marketing 28

Marketing ATS 28

Retail Technology Review

FEBRUARY 11, 2020

Infosys, a provider of next-generation digital services and consulting, has announced a definitive agreement to acquire Simplus, one of the fastest growing Salesforce Platinum Partners in the USA and Australia. Simplus is an advisor in cloud consulting, implementation, data integration, change management and training services for Salesforce Quote-to-Cash applications.

Management 28

Management 28

Retail Technology Review

FEBRUARY 11, 2020

For over a decade, online retailers have been competing in the Amazon world and, as the saying goes, it’s a jungle out there.

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Customer Experience