Retail TouchPoints

JANUARY 20, 2022

Amazon has announced plans for its first-ever physical fashion store — dubbed Amazon Style — which will feature women’s and men’s apparel, shoes and accessories. While not all of these are fashion labels, many are, and just as on the website those brands will most likely be given top billing in Style stores.

Payment Services 263

Payment Services Apparel Inventory Management Department Stores 263

Retail TouchPoints

JUNE 26, 2023

Another UPC alternative, RFID, which first made waves in retail 10+ years ago, has also had a slower adoption, largely because of cost and implementation hurdles, despite its having similar benefits, specifically to track and manage inventory and enabling checkout-less “just walk out” transactions.

Merchant Services 279

Merchant Services Inventory Management Grocer Customer Experience 279

Retail TouchPoints

MARCH 31, 2021

When retailers incorporate APIs, they can easily connect systems such as backend inventory management, online sales platforms and supply chain solutions to quickly scale and ensure resources do not crash during peaks in online shopper activity. The firm has 470 stores and 5,000 employees across the UK, Europe and Middle East.

Consumer 317

Consumer Inventory Management Management Boutique 317

I Love Fashion

JANUARY 4, 2021

Fashion Digital Marketing Agency. The advent of technology and digitalization have collectively been a concrete reason for the evolution of Fashion Ecommerce. Like other industry verticals, the Fashion eCommerce Marketing retail landscape has also endured a tangible change. Inventory Management.

Fashion 111

Fashion Inventory Management Marketing Shipping 111

Inside Retail

SEPTEMBER 3, 2024

Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. Targeted advertising: You can use data to target promotions effectively, enhancing campaign ROI. This means you can get the most out of each product you are selling.

Loss Prevention 245

Loss Prevention Checkout Shrinkage Supply Chain Management 245

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. How Farfetch Boosted Customer Satisfaction 25% with Customer-Centric AI.

Merchant Services 287

Merchant Services Payment Services Promotions Location 287

Retail TouchPoints

JULY 14, 2021

“If both parties began looking at a variety of data sets, but through the same lens, there would be much more strategic alignment and much less of a disconnect visible in inventory management,” noted Melissa Minkow, Retail Industry Lead at CI&T in an interview with Retail TouchPoints.

Inventory Management 264

Inventory Management Grocer Consumer Planning 264

Retail TouchPoints

MAY 9, 2023

With AI, retailers can easily generate full-sentence product descriptions when they are creating items in their inventory. A fashion retailer, for example, will want to quickly list its new season’s assortment on its digital channels in order to market and promote these products to customers.

Payment Services 289

Payment Services Inventory Management Marketing Checkout 289

I Vend

APRIL 2, 2025

They expect to be able to earn and redeem loyalty points in the same way regardless of how they shop and receive promotions that apply online and in the brick and mortar store. This seamless integration of online and in-store shopping is known as omnichannel and its a part of any strong retail management solution.

Management 52

Management Payment Services Inventory Management Point of Sale 52

Inside Retail

FEBRUARY 8, 2024

Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has had an impact on profits,” said King. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added.

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

JANUARY 25, 2022

This is a direct and relatively simple means to take consumers to experiential landing pages where retailers and brands can share information about products, including new launches, recipes, instructions, promotions and more. 4) Think Big: Improve supply chain and inventory management. Act small: Upgrade the unboxing experience.

Management 264

Management Marketing Customer Experience Inventory Management 264

Bindo

APRIL 13, 2017

Why Is Inventory Management Important. Inventory management remains the cornerstone of successful retail. Experienced retailers understand the importance of metrics taken from inventory management. Inventory management helps take the guesswork out and place retail products in the store correctly.

Inventory Management 40

Inventory Management Management Location Promotions 40

Wiser

APRIL 7, 2020

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry.

Markdowns 128

Markdowns Inventory Management Drop-Shipping Apparel 128

RETAIL MANAGEMENT SOFTWARE

MARCH 26, 2024

Showcase items that are in high demand during springtime, such as gardening supplies, outdoor furniture, spring fashion trends, seasonal foods, and wellness products. Offer Spring-Themed Promotions: Entice customers with special promotions and discounts tailored to the spring season.

Promotions 106

Promotions Outdoor Inventory Management Management 106

Retail Focus

MARCH 6, 2024

It can improve supply chain operations by automating processes such as inventory management, procurement, and logistics through smart contracts executed on the block chain, which results in reduced costs and inefficiencies.

Inventory Management 147

Inventory Management Consumer Customer Experience Fashion 147

Retail Focus

JANUARY 12, 2023

The old-fashioned way of doing that was always to have staff available. Sales automation can also offer promotions and upsells tailored explicitly towards each customer and presented opportunistically. Inventory Management. However, to do that, the system needs to be operable 24/7 throughout the entire year.

Payment Services 130

Payment Services Inventory Management Returns Checkout 130

Retail Focus

JULY 3, 2024

True luxury is characterised by durability and timeless design, often incorporating practices such as recycling materials, providing repair services, and promoting the resale of second-hand luxury goods. The limited duration and space of pop-up stores also promote focused inventory management.

Consumer 162

Consumer Promotions Shopping Store Layout 162

Wiser

AUGUST 28, 2023

With an optimized retail assortment strategy, focusing on factors such as understanding customer preferences, analyzing market trends, and optimizing inventory management, you can significantly enhance your retail operations and drive business success.

Target Market 146

Target Market Fast Fashion Marketing Management 146

I Vend

NOVEMBER 6, 2022

They’ll be doing more socialising, more gift giving and entertaining, boosting a range of retail sectors including fashion and accessories, home décor, gifts, food, wine and spirits. Retailers would need a sophisticated retail management system to manage the holiday season rush.

Management 98

Management Payment Services Point of Sale Inventory Management 98

Inside Retail

FEBRUARY 26, 2024

Just this week, American department store chain Nordstrom announced a unique collaboration with the British fashion brand Paul Smith. From March 6 to April 20, the fashion label will open the Paul Smith Clubhouse at Nordstrom’s New York City flagship, a retail takeover that will include cocktails and bites in addition to apparel.

Retail Trends 130

Retail Trends Department Stores Fashion Inventory Management 130

RETAIL MANAGEMENT SOFTWARE

OCTOBER 3, 2022

Consumers are looking for faster and more convenient fulfillment options, as well as personalized assortment and promotions, which is now the norm. You need to leverage real-time data and insights to promote intelligent marketing, sales, merchandising, supply chain optimization, and retail strategies. Optimize Inventory Management.

Customer Retention 110

Customer Retention Inventory Management Customer Experience Kiosk 110

Retalon

SEPTEMBER 11, 2020

In today’s landscape, when a new fashion retail trend latches on, companies need to have the ability to make the right decisions quickly. So, why is advanced analytics so successful and what is the difference between the traditional approach and this new advanced approach to fashion analytics? Fashion Retail’s Unique Challenges.

Fashion 41

Fashion Markdowns Promotions Accounting 41

Inside Retail

JUNE 20, 2023

Similarly, AI can analyse social media images and fashion magazines to identify emerging trends, helping retailers stay ahead of the curve and stock products that will interest customers. It can also provide dynamic routing with adaptations to disruptions and delays and general risk management.

Markdowns 130

Markdowns Inventory Management Marketing Promotions 130

M19 Retail

JULY 28, 2020

Planning and inventory management systems must operate in near real-time, providing an integrated Merchandise Financial Planning that seamlessly integrates with Assortment Planning, Allocations, Demand Forecasting, Replenishment and Price and Promotion Management, connecting the dots between planning and execution of the business. . +20%.

Planning 98

Planning Inventory Management Management Accounting 98

Wiser

JULY 22, 2024

This shift is driven by the need to ensure distribution effectiveness and promotional compliance, especially in the absence of Direct Store Delivery (DSD) representatives. The focus has moved towards key performance indicators such as in-stock status and void reduction.

Shrinkage 78

Shrinkage Inventory Management Management Consumer 78

I Love Fashion

JULY 7, 2024

Fashion Digital Marketing Agency Forrester Research showed that digital shopping cart abandonment loses revenue of almost $18 billion annually. This article explains every reason behind these issues and guides you to reduce shopping cart abandonment, retailers, inventory management insights, and more.

Payment Services 52

Payment Services Shopping Checkout Inventory Management 52

Retail Focus

NOVEMBER 7, 2023

A report by The Business of Fashion reveals that 31% of luxury shoppers visit physical stores at least monthly, favoring the tangible benefits of face-to-face interactions. Bottega Veneta ‘s maze in Seoul and Mulberry’s pop-up promoting their new Softie bag.

Clienteling 147

Clienteling Store Layout Shopping Inventory Management 147

Wiser

FEBRUARY 21, 2024

Studies show that the duration for out-of-stock items to reappear in online search results and shopping carts can extend up to a week, underscoring the importance of diligent inventory management. Data indicates that online grocery pickup garners higher average sales per trip, emphasizing the significance of this shopping method.

Inventory Management 78

Inventory Management Retail Trends Consumer Promotions 78

I Love Fashion

JANUARY 19, 2023

Fashion Digital Marketing Agency Planning to start clothing dropshipping online? Considering fashion, necessity, and demand, the clothing business is a timely decision. Bloom Wholesale Review Bloom Wholesale is based in the LA fashion district. But what’s more important is to have your online store run smoothly.

Wholesale 40

Wholesale Merchant Services Fashion Payment Services 40

Retail Assist

JULY 24, 2024

Mango’s use of AI extends beyond marketing, applying machine learning across pricing, personalisation, and product design, highlighting its role as a technological leader in the fashion industry.

Shopping 52

Shopping Inventory Management Customer Experience Promotions 52

RETAIL MANAGEMENT SOFTWARE

APRIL 10, 2024

What is Wholesale Management Software? Wholesale Management Software is a comprehensive tool designed to optimize various aspects of wholesale operations, including inventory management, order processing, invoicing, customer management, and more. Some key features typically found in such software include: 1.

Wholesale 52

Wholesale Management Inventory Management Inventory Turnover 52

I Vend

FEBRUARY 21, 2023

Read more Because it combines medical practice and prescriptions with fashion frames and plano sunglasses, optical retail stores have different requirements from their more ‘mainstream retail’ cousins. Optical retailers have to manage detailed technical data and processes as well as the demands of staying on trend in the fashion world.

Fashion 52

Fashion Inventory Management Management Accessories 52

I Vend

JULY 16, 2024

A hybrid, or phygital, transaction has many possible forms: A shopper checking out the latest styles on a fashion store website, before nipping into their local branch in their lunch hour to try on and buy Shopping in the store, not finding their item, but ordering it with the associate on a mobile device.

Payment Services 52

Payment Services Thrift Store Point of Sale Inventory Management 52

Retail Assist

JANUARY 7, 2025

In fact, efficient inventory management often marks the difference between sustained growth and stagnation. Poor inventory tracking can lead to: Lost Sales: Stockouts frustrate customers and drive them to competitors. This helps retailers reduce excess inventory while maintaining sufficient stock of popular items.

Inventory Management 52

Inventory Management Location Management Promotions 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 27, 2024

These solutions leverage advanced algorithms and techniques to extract actionable insights from vast datasets, enabling retailers to optimize various aspects of their business, including sales, marketing, inventory management, and customer engagement. What is Retail Analytics Software?

Inventory Management 52

Inventory Management Management Customer Experience Marketing 52

365 Retail

JULY 22, 2024

Image by DC Studio on Freepik Improves inventory management With the help of technology, retail owners have the best insights into their inventory, which will minimize losses, optimize their stock, and reduce the chances of overstocking. So, do you want to know how technology improves the retail industry?

Checkout 52

Checkout Inventory Management Kiosk Consumer 52

365 Retail

AUGUST 16, 2024

AI-driven technologies are enabling retailers to better understand customer preferences, optimize inventory management, and personalize marketing efforts. This technology has proven particularly useful in industries like fashion and home decor, where seeing how a product looks or fits in a specific setting is crucial.

Inventory Management 52

Inventory Management Consumer Customer Experience Shopping 52