Inside Retail

APRIL 6, 2025

Strategic priorities for the future The report notes that department stores, looking ahead to this year and beyond, are positioning themselves not merely as places to shop but as multifunctional lifestyle anchors. They are shifting focus to internal optimisation, improving management efficiency, and reducing operational costs.

Department Stores 130

Department Stores Store Operations Net Profit Store Layout 130

Retail TouchPoints

FEBRUARY 27, 2024

While the report primarily focuses on how AI can optimize store layouts and marketing strategies, there is an underlying message on data security. According to a McKinsey & Company report , the integration of AI-driven security systems in retail has brought about a notable decline in the incidence of cyberattacks.

Payment Services 278

Payment Services Wholesale Store Layout Inventory Management 278

Retail TouchPoints

SEPTEMBER 19, 2023

It also requires a focused effort across several teams in sourcing, inventory, store operations, IT and finance, and retailers must ensure they are getting the maximum ROI and using the right technology for it to be efficient and cost-effective.

Store Operations 278

Store Operations Shipping Fulfillment Store Layout 278

Inside Retail

DECEMBER 17, 2023

Consumers are still feeling enormous financial pressures, and many are heading into this period with little optimism towards their finances. Investing in your store and your workforce comes in tenfold at this time.

Shopping 130

Shopping Store Layout Promotions Consumer 130

Retail Focus

SEPTEMBER 5, 2024

For instance, in eCommerce, AI-powered tools can analyse online shelf performance, tracking competitors and identifying opportunities. “In physical stores, Computer Vision is transforming operations and providing new revenue streams. Glancing ahead to the future, Cherri believes AI will fundamentally reshape the retail landscape.

Payment Services 162

Payment Services Checkout Inventory Management Store Layout 162

I Vend

DECEMBER 10, 2023

Financial operations – integrating the back of house finance processes with the front of house sales offers massive opportunities for streamlining. Store layout and design – the right store layout can attract customers, enhance their experience and keep them in the store – brick and mortar or online.

Shrinkage 94

Shrinkage Inventory Management Store Layout Checkout 94

Retail Smart Guys

FEBRUARY 27, 2023

After all, planning inventory, designing store layouts, building robust e-commerce and on-site presence, and hiring and training employees are just a few of your day-to-day retail operations. Additionally, you need high employee retention since you can’t constantly train new ones, as these can consume your finances and time.

Store Layout 52

Store Layout Finance Inventory Management Planning 52