Retail TouchPoints

OCTOBER 19, 2023

David’s Bridal is dramatically reshaping its executive suite via internal promotions, including three C-level appointments. The promoted executives include: Bob Walker, who joined David’s Bridal in 2019 as Chief Retail Officer, has been promoted to COO. in July 2023.

Inventory Management 263

Inventory Management Promotions Finance Store Operations 263

Retail TouchPoints

OCTOBER 20, 2022

Collectively, the VUSION suite of services are designed work together to promote agility, sustainability and an improved customer experience.

Inventory Management 278

Inventory Management Promotions Customer Experience Management 278

Retail TouchPoints

JANUARY 18, 2022

The retailer will use the technology to help position it for store and supply chain growth as well as dynamic marketing opportunities. The RELEX solution is designed to improve inventory optimization at the store level as well as further upstream, according to Susan Boyme, VP, Strategic Accounts at Sheetz. “It

Planning 256

Planning Inventory Management Accounting Promotions 256

Retail TouchPoints

NOVEMBER 17, 2022

The company has promoted EVP and Chief Commercial Officer Sean Thompson to the role of President and Chief Commercial Officer, adding marketing and ecommerce roles to his existing responsibilities. Smith brings more than 25 years of supply chain experience to the role, most recently as EVP, Global Supply Chain at Carter’s.

Inventory Management 272

Inventory Management Promotions Marketing Management 272

Retail TouchPoints

JANUARY 6, 2023

Much of the pressure has come from inflation outpacing wage growth, and if that trend reverses (and the pace of inflation is already receding while the job market remains strong), shoppers may feel enough relief to increase their spending, whether by paying down debt or increasing consumption.

Payment Services 359

Payment Services Promotions Consumer Inventory Management 359

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. Do I have the right data strategy to drive shopper loyalty?

Advertising 299

Advertising Inventory Management Promotions Marketing 299

Independent Retailer

DECEMBER 23, 2022

This is why inventory management is key, especially as retailers look to deal with unsold merchandise after the holidays. “Seemingly overnight, shortages are flipping to inventory surpluses in certain categories. . Offer Promotions & Product Markdowns. Donate Excess Inventory. Liquidate Excess Inventory.

Inventory Management 81

Inventory Management Wholesale Management Markdowns 81

Retail TouchPoints

OCTOBER 16, 2024

According to one Gartner Market Guide : “By 2025, the top 10 global retailers by revenue will leverage contextualized real-time pricing…to manage and adjust in-store prices for customers.” Smarter promotional strategies can lead to better deals for shoppers. through 2028.

Consumer 306

Consumer Retailing Pricing Inventory Management Promotions 306

Inside Retail

FEBRUARY 2, 2024

Meanwhile, with traditional dropshipping, the goods will ship blind, without any marketing material that reveals the identity of the supplier. The model gives suppliers more control over pricing and promotion. There’s no need to invest in extra staff, marketing or promotions.

Fulfillment 246

Fulfillment Department Stores Wholesale Fast Fashion 246

Retail TouchPoints

OCTOBER 6, 2023

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 2: Order cycle time.

Fulfillment 310

Fulfillment Returns Shipping Promotions 310

Retail TouchPoints

AUGUST 27, 2021

How can a brand know which traffic is attributed to internal marketing efforts vs. driven by their embedded stores? Facing the complex task of data analysis, artificial intelligence can help retailers determine customer promotions of interest and potential customer churn.

Inventory Management 279

Inventory Management Department Stores Management Shopping 279

Retail TouchPoints

JANUARY 15, 2024

Within the larger global market, McKinsey estimates that the retail and CPG sectors have the most to gain from AI , with potential to harness the tech and drive huge improvements in operational efficiency as well as the customer and employee experience. But many of these tasks may just represent the low-hanging AI fruit.

Loss Prevention 312

Loss Prevention Planning Customer Experience Inventory Management 312

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

Retail TouchPoints

SEPTEMBER 22, 2022

Retailers are planning to cut back in one area: marketing. Companies plan to spend 30% of their marketing budget during the holidays, down from 36% in 2021. Kramer expects this to be offset by more promotional activity, which he called “one of the more significant levers that retailers can pull.”

Promotions 246

Promotions Fulfillment Inventory Management Drop-Shipping 246

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. How Farfetch Boosted Customer Satisfaction 25% with Customer-Centric AI.

Merchant Services 287

Merchant Services Payment Services Promotions Location 287

DMS Retail

OCTOBER 1, 2021

In this new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Inventory Control. Promotions.

Inventory Management 59

Inventory Management Management Space Planning Planning 59

DMS Retail

AUGUST 5, 2021

In this brand new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Inventory Control. Promotions.

Inventory Management 59

Inventory Management Management Space Planning Planning 59

Retail TouchPoints

NOVEMBER 17, 2023

In manufacturing, product substitution can be a valuable tool for optimizing inventory management. Market conditions are dynamic, and consumer preferences change — retailers and manufacturers need to adapt to these factors quickly.

Customer Experience 264

Customer Experience Inventory Management Fulfillment Inventory Turnover 264

Inside Retail

SEPTEMBER 3, 2024

It’s anticipated that the global AI retail market will soar past A$36 billion by 2028 and exceed A$70 billion by 2032, highlighting its growing importance and undeniable impact. Personalised recommendations: You can tailor marketing and product suggestions based on purchase history and browsing behaviour.

Loss Prevention 245

Loss Prevention Checkout Shrinkage Supply Chain Management 245

Retail TouchPoints

MAY 9, 2023

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Creating a seamless inventory management journey. What’s Next?

Payment Services 289

Payment Services Inventory Management Marketing Checkout 289

Retail TouchPoints

OCTOBER 22, 2021

The process of building an online store goes beyond just understanding the market you are about to enter. There are also distinct services for accounting, inventory management, email and marketing automation, analytics and so on. Always be working on digital marketing. Buy premium web hosting.

Payment Services 264

Payment Services Inventory Management Promotions Checkout 264

Retail TouchPoints

JULY 17, 2023

According to Grand View Research , the global IoT retail market was valued at $42.38 Inventory management. With innovative inventory tools, retailers can always be sure the necessary goods are in stock in a particular store. billion in 2022 and is expected to grow at a CAGR of 28.4% from 2023 to 2030. Self-checkout.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 246

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. Online retailers are using AI to create intent-based promotions. AI has a lot to offer grocery stores, especially in inventory management.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

Retail TouchPoints

JUNE 26, 2023

A number of major retailers have had some form of adoption because of its ability to materially improve inventory management, but it hasn’t offered the same benefit to the customer experience. For example, a customer can scan a 2D barcode on a package of pasta sauce and instantly view ingredients, allergens, recipes and promotions.

Merchant Services 279

Merchant Services Inventory Management Grocer Customer Experience 279

Inside Retail

JANUARY 3, 2023

From smart shopping carts and intelligent buying assistants, to dynamic pricing algorithms and inventory tracking systems, retailers will have access to a wealth of powerful tools that enhance their ability to meet customers’ needs and respond quickly to changes in the market. . Payment systems evolution.

Payment Services 290

Payment Services Shopping Checkout Kiosk 290

Retail TouchPoints

MARCH 9, 2022

It’s those retailers that can most quickly and accurately react to these turbulent market forces and behaviors that are creating the most innovative and positive customer experiences. This is problematic because customer data should guide a majority of business decisions including marketing, inventory management, merchandising and more.

Store Layout 306

Store Layout Customer Experience Marketing Inventory Management 306

Retail TouchPoints

MAY 30, 2023

People have burned through their savings, and there’s a lot of inflation as well as changes in the job market,” said Jonah Ellin, Chief Product Officer at 1010data in an interview with Retail TouchPoints. A more extended BTS season also means retailers will need to shift to more cadenced marketing tactics.

Shopping 294

Shopping Consumer Planning Inventory Management 294

Inside Retail

AUGUST 10, 2022

Developing and refining strategies within the following five action areas can help secure and fortify positioning on the digital shelf: Connect products to more channels Market at the right time Sell wherever consumers shop Optimise every channel Fulfil customer expectations.

Advertising 246

Advertising Fulfillment Shipping Inventory Management 246

Retail TouchPoints

SEPTEMBER 7, 2022

The pandemic led to a surge in ecommerce, yet there are signs of reawakening life in the brick-and-mortar experience, and physical stores are seeking to regain market share. Added to that, even on a single device and rate plan sale, the retailer might be tracking upwards of five different subsidy types, depending on promotions at that time.

Kiosk 264

Kiosk Inventory Management Management Accounting 264

Inside Retail

FEBRUARY 23, 2023

He believes that Singapore is an important market for the brand, both globally and as a regional hub for the East Asia Pacific commercial cluster, thanks to its political stability and sound monetary and fiscal policies. This market has long been key to the Levi’s East Asia Pacific expansion plans.

Inventory Management 246

Inventory Management Apparel Management Consumer 246

Retail TouchPoints

JANUARY 6, 2021

Elder, founder of Black Label Advisor , a firm that advises sellers on how to maximize their marketplace business, shared what he wished he’d known before becoming an Amazon seller, and why many distinctive brands remain wary of selling via Amazon despite its massive market power.

Fulfillment 290

Fulfillment Shipping Inventory Management Returns 290

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.

Wholesale 279

Wholesale Payment Services Fulfillment Returns 279

Retail TouchPoints

MARCH 18, 2021

Inventory management systems aren’t aligned with the fluidity of digital demand, resulting in product shortages, embarrassing substitution fails and needlessly high fulfillment costs. How do you promote items when there is no “power aisle,” for instance? Why do you think Amazon bought Whole Foods Market?

Fulfillment 246

Fulfillment Grocer Inventory Management Customer Experience 246

Retail TouchPoints

JANUARY 12, 2022

As M+A activity continues, convenience retailers are experiencing increased pressure to maintain market share. During 2020, the industry also saw some of its largest mergers in addition to witnessing dozens of smaller chains exit the market because of changing industry conditions. despite less than desirable market conditions.

Payment Services 277

Payment Services Wholesale Inventory Management Consumer 277

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.

Payment Services 164

Payment Services Customer Experience Inventory Management Promotions 164

Retail TouchPoints

JULY 14, 2021

“If both parties began looking at a variety of data sets, but through the same lens, there would be much more strategic alignment and much less of a disconnect visible in inventory management,” noted Melissa Minkow, Retail Industry Lead at CI&T in an interview with Retail TouchPoints.

Inventory Management 264

Inventory Management Grocer Consumer Planning 264

Retail TouchPoints

SEPTEMBER 23, 2022

But since the global market for 3PL companies is projected to reach $1.3 Since the company owns the warehouse, it can customize the size, location, order and inventory management. Businesses can arrange inventories near the customers, which decreases transportation costs and enables two-day and same-day shipping.

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Fulfillment Shipping Inventory Management Management 331