Retail TouchPoints

MARCH 5, 2025

20 New Brick-and-Mortar Stores Planned for 2025 As part of ongoing efforts to add more than 300 stores over 10 years, Target plans to open approximately 20 new stores this year, the majority being large-format locations, as well as investing in remodeling many more across the country, according to a company statement.

Planning 179

Planning Inventory Management Consumer Shopping 179

Retail TouchPoints

MARCH 17, 2025

And for larger-scale retailers, that need for an accurate forecast gets complicated, and re-complicated, by the need to correctly place and price inventory in multiple locations in order to achieve maximum sell-through with minimum discounting. Its already doing so, and generating measurable results in a range of use cases.

Markdowns 216

Markdowns Inventory Management Marketing Consumer 216

Retail TouchPoints

NOVEMBER 30, 2022

The service already is being used by retailers including Lifetime Brands , Traeger Grills and Whole Foods Market. We wanted a better view of when new inventory would arrive at our distribution centers nationwide,” said Leandro Balbinot, SVP and Chief Technology Officer at Whole Foods Market in a statement.

Supply Chain Management 278

Supply Chain Management Inventory Management Management Location 278

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2024

A centralized database acts as a single source of truth for all business data, allowing retailers to manage information from multiple channels and locations efficiently. A centralized database is a system where all of a company’s data is stored in one location, accessible to all departments and retail locations in real time.

Inventory Management 111

Inventory Management Location Management Supply Chain Management 111

Retail TouchPoints

JANUARY 11, 2022

The company offers 30-minute delivery and 5-minute pickup at all 16 current brick-and-mortar locations, which are located in the Chicago, Dallas and Washington, D.C. The company also will look for hires who can further develop Perks, its loyalty program.

Planning 277

Planning Inventory Management Location Marketing 277

Inside Retail

JUNE 27, 2024

This is a comprehensive approach that extends beyond online sales to encompass various critical aspects of retail operations, with inventory management and pricing at its core. It wanted to create synergy between its bricks-and-mortar locations and digital storefront. Instead, the holy grail solution is unified commerce.

Inventory Management 260

Inventory Management Fulfillment Store Layout Shipping 260

Inside Retail

NOVEMBER 27, 2024

This approach allows Freedom to respond to market demands quickly, improving both flexibility and reliability. Transforming fulfilment and customer satisfaction The combination of Shippit and Fluent Order Management brought significant operational improvements to Freedom’s fulfilment process.

Fulfillment 130

Fulfillment Shipping Inventory Management Customer Experience 130

Retail TouchPoints

OCTOBER 28, 2022

In today’s competitive and connected retail market, one mistake or delay can result in losing ground to a competitor. The secret lies in their well-developed Customer Relationship Management (CRM) system. Due to its inherent link to BI, demand forecasting even allows you to react more quickly to any and all market changes.

Supply Chain Management 278

Supply Chain Management Inventory Management Management Accounting 278

Retail TouchPoints

APRIL 1, 2025

boasting 365 locations. Understanding that not all customers have smartphones or access to computers to access digital-only deals, the company introduced Savings Stations across its brick-and-mortar locations. Take for example Stop & Shop, a popular supermarket chain in the Eastern U.S.

Grocer 147

Grocer Checkout Point of Sale Advertising 147

Retail TouchPoints

NOVEMBER 22, 2022

The space will allow the retailer to stage inventory, satisfy merchandise pickup and delivery and fulfill store-based and ecommerce orders. “Plus, it reunites us with a number of our former colleagues whom we know will get the job done up to or exceeding our expectations.” ”

Fulfillment 288

Fulfillment Payment Services Inventory Management Department Stores 288

Retail TouchPoints

MARCH 15, 2024

Publications about marketing often invoke the comparison of a digital shelf with a physical one. Many companies can track their own digital shelf data, allowing them to align products across platforms, perform A/B testing and improve inventory management. This comparison, however, has its limits.

Inventory Management 264

Inventory Management Telecommunications Location Marketing 264

Inside Retail

FEBRUARY 6, 2025

For existing customers, Tyros electronic invoicing is a powerful e-commerce tool that lets you generate, send, and track all your invoices in one online location. Find the inventory sweet spot Holding too much stock can be a major cash flow drain. Get into the habit of regularly reviewing your inventory levels.

Finance 130

Finance Management Payment Services Inventory Management 130

Retail TouchPoints

JUNE 27, 2023

Go to market in minutes. They can also dramatically shorten time-to-market to sell more products across more ecommerce channels, all with a scalable model designed to drive profitable growth. Empower intelligent inventory management. Today’s inventory management teams host a large volume of commerce transaction data.

Inventory Management 279

Inventory Management Management Fulfillment Marketing 279

Retail Focus

MARCH 25, 2025

Many costs are avoided by digital shops, including multiple locations, large staff teams, and high utility bills. Furthermore, e-commerce relies on data to quickly modify pricing strategies in response to market conditions. During inflation, many discount retailers increase their market share, while others struggle.

Consumer 130

Consumer Drop-Shipping Shipping Store Layout 130

Retail TouchPoints

MARCH 29, 2021

Ecommerce first promised consumers convenience, but in the last decade it has also brought increasing value to market by combining its transactional data with shopper journey data — offering manufacturers near-real-time metrics on campaign performance. The collection, preparation and use of data in retail is a “core business.”

Advertising 299

Advertising Inventory Management Promotions Marketing 299

Retail TouchPoints

SEPTEMBER 19, 2022

More than nine locations at NFL venues, including Las Vegas’ Allegiant Stadium and Nissan Stadium in Nashville, Tenn., Employees are free to focus on inventory management rather than cashier duties and, as the purchasing process becomes easier, customers are also inclined to spend more.

Checkout 246

Checkout ATS Inventory Management Location 246

Inside Retail

MARCH 21, 2025

But perhaps more importantly, trade marketing skills like visibility, shelf placement and trying to secure off-location. Digital shelf signage opens up true at-shelf attribution, dynamic pricing, inventory management, stock and the chance for biddable real-time media placement. All of which still holds true today.

Inventory Management 130

Inventory Management Outdoor Advertising Management 130

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 19, 2023

In the ever-evolving world of retail, efficient inventory management is the key to success. Retail Inventory Management Software, often abbreviated as RIMS, has become an indispensable tool for retailers of all sizes. What is Retail Inventory Management Software?

Inventory Management 64

Inventory Management Management Inventory Turnover Location 64

Retail TouchPoints

JUNE 6, 2023

While that’s attractive marketing fodder for retail CMOs who want to appeal to environmentally minded consumers, CFOs will appreciate the potential profitability of selling an article of clothing not just once but twice or more in the circular economy. Opportunity #1: Cost-efficient inventory management.

Merchant Services 278

Merchant Services Inventory Management Shipping Consumer 278

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.

Merchant Services 287

Merchant Services Payment Services Promotions Location 287

Retail TouchPoints

AUGUST 31, 2021

Customer buying habits change based on store location, the product’s target audience (e.g. makeup vs. sports equipment), availability of brands, store hours, store marketing, and local demographics and economic conditions. Optimizing product shelf locations. A Cashierless Experience. million per year in revenue.

Inventory Management 259

Inventory Management Location Marketing Planning 259

Retail TouchPoints

NOVEMBER 19, 2021

With a crowded market of both physical and online retailers, many brick-and-mortar retailers have confirmed their plans to close, but that’s the natural order of the industry. Data is also essential in deciding where to open new retail locations, as they must serve consumers coming in as well as those who are ordering from home.

Fulfillment 305

Fulfillment Jewelry Consumer Inventory Management 305

Retail TouchPoints

JANUARY 20, 2022

For most stores with multiple locations, procurement has largely been a centralized process, with each location requesting and receiving inventory from the parent corporation, as needed. But supply chain disruptions resulting from the pandemic forced many store managers to go rogue and do whatever was needed to stay in business.

Merchant Services 264

Merchant Services Clienteling Shipping Inventory Management 264

Inside Retail

FEBRUARY 24, 2025

This partnership is a strategic response to evolving consumer demands, with the grocery delivery market projected to grow by 18.1 Jason Parke, general manager of Deliveroo Singapore, spoke to Inside Retail about the strategy behind the partnership, evolving consumer expectations, and how technology is shaping the future of grocery delivery.

Inventory Management 130

Inventory Management Consumer Supermarket Fulfillment 130

Retail TouchPoints

JULY 17, 2023

According to Grand View Research , the global IoT retail market was valued at $42.38 Businesses can collect real-time data on how the goods are stored and transported, their location and their condition during delivery. Inventory management. billion in 2022 and is expected to grow at a CAGR of 28.4% from 2023 to 2030.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 246

Inside Retail

AUGUST 17, 2021

Successful omni-retail execution, investment in our supply chain and focus on inventory management have been key in meeting elevated volumes of demand in both our instore and online channels.”. At Supercheap Auto sales increased to $1.31 The post Lifestyle, leisure drive record year for Super Retail appeared first on Inside Retail.

Net Profit 246

Net Profit Inventory Management Management Location 246

Storis

SEPTEMBER 12, 2024

The Key to Unlocking Efficiency and Profitability In the fast-paced world of furniture retail, managing inventory across multiple locations presents a formidable challenge. Efficient inventory management is crucial for success in the furniture retail industry.

Inventory Management 52

Inventory Management Management Inventory Turnover Fulfillment 52

Retail TouchPoints

JULY 3, 2023

The cloud brings all solutions, spreadsheets, vendors and technical capabilities into a central location to improve control and flexibility. Cloud architecture is built to support functions like mobile customer loyalty programs, inventory management tools, personalization capabilities and even point-of-sale.

Consumer 275

Consumer Inventory Management Point of Sale Location 275

Wiser

APRIL 25, 2025

Create a risk matrix based on factors like geographic location, lead times, and price sensitivity. Use demand forecasting tools to optimize inventory levels in anticipation of supply chain disruptions. Leverage your data, every day Data is key to staying ahead of shifting market conditions.

Management 78

Management Inventory Turnover Planning Inventory Management 78

Inside Retail

JANUARY 11, 2022

Retailers are now investing significant resources into logistics, deploying the latest inventory management systems, automating warehouses and hiring hundreds of hardworking staff in an effort to pick, pack and ship online orders as quickly as possible. That’s where local inventory comes in.

Shipping 200

Shipping Fulfillment Inventory Management Location 200

Retail TouchPoints

SEPTEMBER 23, 2022

But since the global market for 3PL companies is projected to reach $1.3 How to optimize shipments based on the customers’ location. Not only does the space of the facilities where you store goods and transport orders matter greatly, but also their location and proximity to your shipping destinations.

Fulfillment 331

Fulfillment Shipping Inventory Management Management 331

Retail TouchPoints

AUGUST 17, 2021

From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI. AI has a lot to offer grocery stores, especially in inventory management. Practical Benefits of AI in Grocery.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

Traditional marketing strategies alone are no longer sufficient in today’s digital age. Enter Artificial Intelligence (AI), a game-changing technology that is revolutionizing the way businesses approach marketing in these industries. This data helps companies make informed decisions about marketing and branding strategies.

Marketing 111

Marketing Inventory Management Supply Chain Management Store Layout 111

Retail Smart Guys

DECEMBER 11, 2022

Facts about Inventory Management. The retail industry is constantly changing, and inventory management gives a better understanding of this inconsistent landscape. Also, it oversees purchasing items from suppliers until they are sold to the market. Manage your inventory now with Retail Smart Guys !

Inventory Management 52

Inventory Management Management Markdowns Fulfillment 52

Retail TouchPoints

FEBRUARY 20, 2023

Actionable data can also help retailers with inventory management across all locations. If the customer needs more information or help, these systems are particularly good at alerting retail managers to know quickly that a customer service action is needed. and content can scroll through several ads, messages and videos.

Advertising 246

Advertising Sporting Goods Returns Inventory Management 246

Retail Assist

OCTOBER 16, 2024

For growing retailers, managing inventory effectively is crucial to customer satisfaction, operational costs and growth potential. This can easily lead to stockouts, excess inventory and other issues that affect both profitability and reputation.

Inventory Management 52

Inventory Management Management Shrinkage Returns 52

Retail TouchPoints

OCTOBER 3, 2023

The digital channel typically had one or more dedicated facilities, which ironically were often planned and managed like an individual additional brick-and-mortar location. The desire to ship even ground service from stores to deliver more orders within two business days is another customer experience-focused market driver.

Fulfillment 286

Fulfillment Drop-Shipping Shipping Markdowns 286