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From Barcodes to Bytes: Retailers Prepare for Next-Generation UPC

Retail TouchPoints

Giving Retailers More of What They Need 2D barcodes will have an immediate impact on visibility and management of inventory and, as a result, will reduce markdowns while also enabling quicker resolution of recall items. For example, Australian grocery giant Woolworths is using 2D barcodes to enhance food safety and cut down on food waste.

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Marks & Spencer’s Turnaround Strategy, Why it’s Working

Indigo 9 Digital

That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. Ocado is an online grocer and Marks & Spencer paid £750 million for a 50% stake in Ocado’s UK retail business in 2019. 57% of Amazon’s unit sales in come from third party sellers on its platform.