Retail TouchPoints

AUGUST 13, 2020

I had an inventory problem. Every business has to manage excess capacity and/or inventory: restaurants have excess food and empty tables; hotels and homeowners have vacant rooms; retailers have overstock and returns. Applying Marketplace Dynamics To Excess Inventory. Dealing With Excess Capacity.

Apparel 279

Apparel Inventory Management Finance Returns 279

Retail TouchPoints

NOVEMBER 10, 2023

Inventory levels for the quarter were 17% below the prior year, which Tapestry attributed to “disciplined inventory management and a lower level of in-transits relative to last year.” “As The purchase will be funded via a combination of permanent financing, term loans, excess Tapestry cash and anticipated future cash flow.

Inventory Management 276

Inventory Management Finance Consumer Fashion 276

Retail TouchPoints

FEBRUARY 27, 2024

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. She has worked with several global companies focusing on risk management strategy. Mattle is Retail and Distribution Leader – North America and Global Client Advocate at WTW.

Payment Services 278

Payment Services Wholesale Store Layout Inventory Management 278

Retail TouchPoints

AUGUST 4, 2023

Micro markets often come with management software that can help airport employees in the food and beverage industry increase productivity and optimize operations. Features such as inventory management and the ability to track sales allow operators to keep track of which items sell better than others.

Payment Services 246

Payment Services Kiosk Marketing Inventory Management 246

Retail TouchPoints

JANUARY 6, 2023

Consumers are a little more cautious,” said Steve Rogers, Managing Director at Deloitte in an interview with Retail TouchPoints. “ Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022. Nor will these cutbacks be limited to lower-income households.

Payment Services 359

Payment Services Promotions Consumer Inventory Management 359

Retail TouchPoints

JULY 5, 2024

Practical Tips for Managing ‘Success Disasters’ and Meeting Consumer Demands Navigating the challenges of today’s digital era requires retailers to have proactive and practical strategies to avoid “success disasters” and ensure resilience. Rob Reid is a Technical Evangelist at Cockroach Labs based out of London, England.

Payment Services 278

Payment Services Customer Experience Inventory Management Consumer 278

Retail TouchPoints

FEBRUARY 2, 2023

For years, retailers have invested in digital tools to help gather data on critical items such as from point of sale (POS), inventory management, foot traffic, specific stores and more. Information is stuck in separate systems divided by function: finance, human resources (HR), operations and others.

Management 278

Management Inventory Management Point of Sale Finance 278

Retail TouchPoints

MAY 9, 2023

Creating a seamless inventory management journey. From managing warehouses to creating purchase orders, alerting when high sales velocity might create unexpectedly low inventory or using low velocity to suggest discounting, retailers can future-proof their operations by leaning on automation technology.

Payment Services 289

Payment Services Inventory Management Marketing Checkout 289

Inside Retail

AUGUST 29, 2024

Victoria’s Secret swung to a net income despite lower sales in the fiscal second quarter, which an analyst attributes to better inventory management discipline and efficient cost control. The lingerie and perfume brand’s net income stood at $32.1 million while net sales fell 0.7 per cent year over year to $1.42

Inventory Management 130

Inventory Management Finance Management Consumer 130

Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

Store Operations 278

Store Operations Shipping Fulfillment Store Layout 278

Retail TouchPoints

AUGUST 14, 2023

In its report, Transforming Operations Management For A Digital World , McKinsey discusses a bank’s investment in digitization and the operational changes required to succeed. Turning Insights into Action The first step is to establish an internal task force comprised of technology, business, finance and operations representatives.

Payment Services 245

Payment Services Checkout Inventory Management Grocer 245

Retail TouchPoints

NOVEMBER 19, 2021

In a world where inventory management and store performance goals are critical, the ability to easily see, work with and take advantage of that data has never been more vital. In order to do so, they’ll need to combine all of their data — across all possible channels — to gain a complete view of customer buying habits and preferences.

Fulfillment 305

Fulfillment Jewelry Consumer Inventory Management 305

Retail TouchPoints

DECEMBER 12, 2023

Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs? Much like the spreadsheet revolutionized data management in its time, AI stands as today’s game-changer. Barach guides development and customer deployment of antuit.ai

Markdowns 278

Markdowns Retailing Pricing Promotions Fulfillment 278

Inside Retail

SEPTEMBER 21, 2021

Because we manage a portfolio of a large number of brands, we are able to spot things that are working successfully in one part of the portfolio and then very rapidly roll them out across all the rest of the brands,” he said. Juju is a case in point.

Planning 246

Planning Inventory Management Outdoor Management 246

Retail TouchPoints

JUNE 13, 2023

As Houle sets his sights on future growth and innovation, he shares an exclusive look into his priorities and perspectives on the changing retail landscape.

Customer Experience 289

Customer Experience Inventory Management Marketing Consumer 289

Small Biz Trends

DECEMBER 6, 2022

Sale POS systems may also have additional functionality, including payroll, employee management, and customer tools such as loyalty programs. POS systems also offer finance and accounting data, such as custom dashboards, for greater oversight of business performance. Best Overall Point of Sale Systems. Brilliant POS. Lightspeed.

Point of Sale 115

Point of Sale Payment Services Merchant Services Inventory Management 115

M19 Retail

APRIL 24, 2025

Best of Breed: Flexibility and Customization, But at a Cost A Best of Breed solution involves selecting the top-performing software for each specific business function, such as customer relationship management (CRM), supply chain management, or human resources.

Inventory Management 52

Inventory Management Supply Chain Management Management Finance 52

Retail Minded

MAY 23, 2024

From the bustling holiday season to the quiet lulls in between, managing cash flow during these ebbs and flows is a critical challenge. By implementing strategic financing strategies, retailers can position themselves for consistent growth and long-term success, regardless of the time of year.

Finance 52

Finance Inventory Management Planning Management 52

I Vend

NOVEMBER 7, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns. .

Inventory Management 97

Inventory Management Management Point of Sale Returns 97

RETAIL MANAGEMENT SOFTWARE

JULY 29, 2024

Retail executives, supported by finance and innovation teams, must pinpoint operational inefficiencies that can be mitigated through technology. Top-performing teams: Pinpoint-Specific Problems: Retailers often face significant inefficiencies in pricing & promotion execution and managing stocks.

Inventory Management 111

Inventory Management Shrinkage Promotions Store Operations 111

Inside Retail

JUNE 11, 2024

One of the biggest problems in the furniture industry is inventory, so this allows our close partners to work with us, so we get better inventory management. But being a banker for 10 years, I was very clear that financing model did not work. So if my team over- or under-orders, they can see.

Fulfillment 263

Fulfillment Management Marketing Consumer 263

Retail Focus

SEPTEMBER 5, 2024

From the use of chatbots to direct customers to the correct department while shopping on their mobile device or computer, through to sophisticated inventory management that helps retailers operate easier, the potential for AI in retail is far-reaching.

Payment Services 162

Payment Services Checkout Inventory Management Store Layout 162

Inside Retail

MAY 24, 2021

And, realising the potential this model could bring to other retailers, set out to bring a retailer focused outsourcer to the industry.

Inventory Management 147

Inventory Management Finance Returns Management 147

Inside Retail

APRIL 3, 2023

We know business managers are losing time and resources on over-complicated tech. Now’s the time to believe in a better way with the MYOB business management platform. If you’ve ever managed a business, you’ll know it takes a lot of hard work and resilience just to keep the lights on. Didn’t know MYOB could do that?

Inventory Management 130

Inventory Management Management Finance Accounting 130

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. PVH x RetailNext and MarketDial PVH Corp.

Point of Sale 287

Point of Sale Promotions Inventory Management Grocer 287

Clover - Retail

DECEMBER 19, 2024

Understand financing options Businesses come with many operating expenses leasing commercial space is one of the biggest. Whether from venture capital or small business loans, funding can come in many shapes and sizes with many options available to finance your business location. READ: How to get a small business loan 3.

Payment Services 52

Payment Services Operating Expenses Finance Location 52

Inside Retail

APRIL 10, 2022

For example, onboarding an inventory management system so that you can work with national (and international!) retailers in stocking your product, and coping with high volumes of inventory. For example, is your time better spent on developing new products, rather than spending hours on bookkeeping and managing finances?

Inventory Management 130

Inventory Management Target Market Wholesale Finance 130

Retail Next

SEPTEMBER 10, 2019

If you aren’t good with finances or are simply strapped for time, hire a bookkeeper to track your finances. The ability to easily track inventory also greatly streamlines the process of inventory management, since you’ll instantly know when stock is low on a popular item, or see which items simply aren’t selling.

Finance 59

Finance Payment Services Loss Prevention Accounting 59

I Vend

DECEMBER 10, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

Shrinkage 94

Shrinkage Inventory Management Store Layout Checkout 94

Small Biz Trends

JULY 20, 2022

As a small business owner, you need to stay on top of finances and related paperwork. But as your business grows, you may find it difficult to manage all your financial reports. Small business accounting software is a powerful tool that enables business owners to have complete control over their finances. Document management.

Accounting 98

Accounting Payment Services Finance Management 98

Inside Retail

JULY 14, 2024

With the peak trading period only a few months away, now is truly the time for retailers to double down and invest their efforts into optimising their inventory and fulfillment operations. However, there are some factors that retailers have to keep in mind to ensure they aren’t placing energy or finances where it is not best applicable.

Shopping 130

Shopping Fulfillment Shipping Inventory Management 130

Inside Retail

MAY 5, 2024

Just as consolidated business systems help to standardise processes, integrating advanced logistics platforms delivers real-time tracking and inventory management giving that much-needed transparency across the supply chain, and into each new market. You can catch the on-demand recording here.

Payment Services 147

Payment Services Inventory Management Marketing Customer Experience 147

Retail Focus

MARCH 6, 2024

Expert Manager at Univers Retail | Published author | Visiting lecturer. Their method of recording and verifying transactions is secure, transparent, and decentralised, and it can be applied to different sectors such as finance, supply chain, and digital identity verification. Ghalia BOUSTANI. Benefits of Blockchain in Luxury Retail.

Inventory Management 147

Inventory Management Consumer Customer Experience Fashion 147

I Vend

SEPTEMBER 8, 2022

If you’re looking to improve workflow processes at your store, and you’ve done your research, you’ve inevitably discovered the power of retail management systems (RMS). According to a 2020 poll , 44% of retailers struggled to plan and forecast their inventory needs effectively. Don’t let your inventory spiral out of control.

Management 52

Management Inventory Management Promotions Location 52

Retail Minded

JULY 4, 2024

Keep Accurate Inventory Records Inventory management is critical to any retail business since it may affect daily operations and taxation policies. However, there is a possibility of automating the inventory management process by using software that will automatically track the stocks and generate reports.

Payment Services 84

Payment Services Inventory Management Accounting Management 84

Inside Retail

JUNE 25, 2022

“Around 80 per cent of all retail media properties, including in-store, out-of-store, and online assets, are bought, sold, and managed offline. Without a digital solution, the media potential of retailers is being entirely unrealised” says CEO & co-founder, Teresa Aprile. .

Inventory Management 130

Inventory Management Consumer Accounting Marketing 130

Small Biz Trends

JUNE 14, 2022

Managing finances is no walk in the park for the majority of small business owners. Of course, some of the more advanced features related to inventory management and income and expense tracking may not be available in the free version. Some of its key features include: Budget management tools. The best part?

Accounting 98

Accounting Payment Services Finance Management 98