Retail TouchPoints

AUGUST 14, 2023

While autonomous stores and technological innovation are high on the retail agenda, the infrastructure and operational efforts that enable them aren’t often given the same broad attention. Grocery retail is rooted in a traditional brick-and-mortar business model, with many longstanding and comprehensive internal processes.

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Inside Retail

JULY 25, 2024

While transitioning to this new reality can seem overwhelming, partnering with the right payments provider can be the key to facilitating a smooth evolution. This treasure trove of data unlocks opportunities for more personalised marketing and improved inventory management.

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Payment Services Inventory Management Customer Experience Consumer 162

Retail TouchPoints

AUGUST 17, 2022

Add the increasing CPC costs at all sorts of paid advertisement channels and harsher competition to that, and you get a not-so-rosy outlook for the market altogether. On one hand, ecommerce automation saves a ton of time compared to manual ways of executing an operation. Email marketing. But then it fell to 12.2% Advertising.

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Payment Services Advertising Returns Checkout 363

Retail TouchPoints

JANUARY 12, 2022

As M+A activity continues, convenience retailers are experiencing increased pressure to maintain market share. decrease from 2019 primarily driven by the decrease in single-site operators. despite less than desirable market conditions. Focus on service. Take the tech leap.

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Payment Services Wholesale Inventory Management Consumer 277

Retail TouchPoints

SEPTEMBER 18, 2023

Dharmesh Mehta, VP of Worldwide Selling Partner Services at Amazon , is celebrating his 10th anniversary with the company this year, and so he kicked off the fourth annual Amazon Accelerate conference for sellers by comparing the differences between the ecommerce platform today and 10 years ago.

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Payment Services Shipping Fulfillment Finance 321

Inside Retail

FEBRUARY 6, 2025

We get that running a business is a constant juggle, and managing cash flow can be tricky. For many Aussie small and medium business owners, the ideal scenario paying suppliers as late as possible while receiving immediate payment from customers simply isnt realistic. Get into the habit of regularly reviewing your inventory levels.

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Retail Focus

MARCH 7, 2025

The e-commerce industry has experienced rapid growth and transformation in recent years, driven by technological advancements, changing consumer preferences, and global market shifts. These technologies are enabling retailers to provide personalized shopping experiences, optimize pricing strategies, and streamline inventory management.

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Retail TouchPoints

MAY 21, 2024

In this dynamic environment, making informed, data-driven decisions has become a cornerstone of competitive advantage and operational success. By analyzing data derived from network traffic, retailers can unlock profound insights into customer behavior, store performance and inventory efficiency.

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Retail TouchPoints

SEPTEMBER 13, 2024

By 2030, the smart retail market will be worth $91.36 One retailer has recently come under scrutiny for its automated payment technologies across storefronts, leading experts and consumers to question just how intelligent their smart stores are. The design process is intrinsically flawed – namely, the selection of in-store solutions.

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Payment Services Checkout Inventory Management Kiosk 287

Retail TouchPoints

DECEMBER 13, 2024

The retail industry in particular has largely embraced these 2D barcodes to elevate shopping experiences, using the technology to access everything from contactless payments and product content to price comparisons and personalized promotions. QR can also streamline inventory management and supply chain operations.

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Payment Services Customer Experience Inventory Management Promotions 263

Retail TouchPoints

JULY 26, 2021

Building an online presence starts with a well-designed website supported by an effective digital marketing plan. Digital Marketing. While you are no doubt familiar with brand marketing, online customer acquisition is a whole different animal. Web Design & Development. Building a Tech Stack.

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Retail TouchPoints

OCTOBER 22, 2021

6-Step Process to Build an Ecommerce Website from Scratch. The process of building an online store goes beyond just understanding the market you are about to enter. The process of developing an ecommerce website from scratch consists of the following steps: 1. Always be working on digital marketing.

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Retail TouchPoints

MAY 9, 2023

Recent AI advancements have the power to reshape the way the industry operates. Retailers embracing Generative AI can stay ahead of the curve and compete in this ever-changing competitive landscape — enabling them to lead with a customer-first approach while operating with more efficiency. Providing 24/7 customer service.

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Payment Services Inventory Management Marketing Checkout 289

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. AI offers a wide range of benefits for retailers.

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Payment Services Checkout Inventory Management Store Layout 162

Retail TouchPoints

JULY 17, 2023

According to Grand View Research , the global IoT retail market was valued at $42.38 The statistics show that more and more retail businesses are implementing IoT solutions to explore new ways of connecting with customers, boost sales and streamline business operations. Inventory management. from 2023 to 2030.

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Payment Services Checkout Inventory Management Customer Experience 246

Retail TouchPoints

JULY 12, 2023

The survey also found that less than 13% of retail organizations are investing in technology to tackle these challenges, instead remaining focused on short-term fixes like increasing prices and running marketing campaigns. There’s also the matter of securing the computer hardware that runs the store operations.

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Retail TouchPoints

JANUARY 6, 2023

Additionally, one-third of consumer respondents are concerned about making upcoming payments. Consumers are a little more cautious,” said Steve Rogers, Managing Director at Deloitte in an interview with Retail TouchPoints. “ It is possible that the economic situation could turn around in the coming year.

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Payment Services Promotions Consumer Inventory Management 359

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. At the time of the filing, Gindi said that the retailer was unable to recover from COVID-19 challenges due to insurers denying payment for approximately $175 million in losses. ”

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Fulfillment Payment Services Inventory Management Department Stores 288

Small Biz Trends

DECEMBER 6, 2022

A point-of-sale system is one of the best tools for small businesses looking to accept payments. Point-of-sale systems enable business owners to be more agile with their payment processing and forego using the cash drawer. A point of sale (POS) system is used to accept payments, like a cash register. Brilliant POS.

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Inside Retail

SEPTEMBER 27, 2022

It’s changed how we think about going to market, and how important our [physical] retail channel is when we’re trying to attract new customers,” Conti said. We saw 85 per cent of shoppers in Australia choose to buy in physical stores because it would create a social interaction, and would lead to better service,” Bland said. “On

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Payment Services Fulfillment Advertising Inventory Management 320

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. 26-30, you’re automatically registered to listen to the entire series.

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Retail TouchPoints

APRIL 26, 2022

Rapid delivery services are changing the convenience store landscape by adding even more options for hungry shoppers to stock up on what they need on their own schedules. Foxtrot is taking its own approach to the rapid delivery market by embracing a fully omnichannel operation.

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Retail TouchPoints

JANUARY 10, 2023

For one thing, it can lead to increased costs as companies may need to pay for additional storage space to hold the excess inventory. In addition, excess inventory can also tie up capital that could be used for other purposes, such as investing in marketing or other growth initiatives. 3: Streamline communication with suppliers.

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Retail Focus

SEPTEMBER 17, 2024

In the fast-paced world of retail, staying competitive means more than just offering great products—it’s about maintaining efficient operations, providing excellent customer service, and leveraging the right technology. Streamlining Operations with Efficient Systems In retail, efficiency is key.

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Retail TouchPoints

FEBRUARY 27, 2024

Cyberattacks and network outages can disrupt operations and erode customer loyalty. This article delves into the evolving threat landscape, examining the impact of these disruptions on retail operations and exploring proactive measures for safeguarding businesses, customer data and reputations.

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Retail TouchPoints

FEBRUARY 21, 2023

Imagine you pick up all the things you need for your farm, and then they tell you that they currently cannot process credit cards. 5G can also connect mobile point-of-sale (POS) terminals , self-service kiosks, scan-and-go checkouts and other forms of frictionless shopping with ease. Tractor Supply Co. , You get the drift.

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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.

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Checkout Payment Services Customer Experience Inventory Management 306

Inside Retail

MAY 5, 2024

To successfully make the transition into global markets, the best brands understand that no matter how far and wide they grow, maintaining a local feel will foster deeper connections with customers and better resonate with their cultural identities. Process standardisation Any expansion initiative is going to require scalable systems.

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Payment Services Inventory Management Marketing Customer Experience 147

Rain Pros

AUGUST 4, 2023

In the world of specialty retail, where passion and a deep understanding of niche products and services meet, the quest for providing an exceptional shopping experience for your unique clientele becomes the heart and soul of every decision you make. POS payment processing plays an important role in this customer experience.

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RETAIL MANAGEMENT SOFTWARE

DECEMBER 12, 2022

In the face of unprecedented and challenging market disruptions, forward-thinking retailers are turning to mobile POS systems to maximize productivity and profits. It also frees up store associates to provide more personalized customer service, which differentiates many small retail businesses from their online or big-box competitors.

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Payment Services Point of Sale Customer Retention Customer Experience 97

Star Miconics

APRIL 20, 2022

If you are a dispensary owner, you will undoubtedly consider starting a cannabis delivery service for your customers. Software that helps you create an online store, allows for online ordering, accounts for inventory management, and integrates with the proper point-of-sale (POS) hardware is a must-have to assist your delivery aims.

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Payment Services Point of Sale Inventory Management Management 98

Retail TouchPoints

FEBRUARY 10, 2021

Between the need for more expansive ecommerce functions, low-contact or no-contact shopping experiences, virtual communication between businesses and consumers and the digitization of functions like inventory and customer service, here are the top 10 technology trends pushing retail into the future faster than ever before. Geolocation.

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Payment Services Fulfillment Supply Chain Management Management 173

Retail TouchPoints

NOVEMBER 28, 2023

PersonalizationMall.com ‘s factory ranks have swelled from 500 to 4,000 employees and the facility is now operating 24/7 to create 150,000 items a day — each of them unique. Photo courtesy PersonalizationMall) The personalization process also has become highly automated over the years, from initial order to production.

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Payment Services Shipping Marketing Inventory Management 275

Star Miconics

OCTOBER 6, 2023

Farmers markets are a beloved tradition, offering fresh, locally sourced produce, handmade goods, and unique treats. The landscape of cannabis commerce in New York is transforming with the recent approval of cannabis farmers markets by state regulators. So, here’s what cannabis vendors need for the ideal farmers market POS: 1.

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Retail TouchPoints

JANUARY 24, 2024

Despite expectations of a modest economic downturn, this period presents an opportunity for businesses to optimize their operations, improve marketing strategies and enhance their technological infrastructure. These AI applications range from optimizing pricing and inventory management to fraud prevention.

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Inside Retail

JULY 14, 2024

Consumers who use the service are often effusive about the technology, with Reddit threads about it. Asked both on stage and during our interview, Tambara was reluctant to discuss the cost aspect, deferring to the fact that RFIDs played a role in the entire supply chain – not just facilitating easy checkouts.

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I Vend

FEBRUARY 9, 2025

iVend’s Retail Management Solution iVend Retail understands the challenges of electronics retail. Read more Challenges Online/offline – Online research and sales account for an ever increasing share of the market. iVend Retail for Electronics is specifically designed to address them.

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Payment Services Point of Sale Inventory Management Management 52