Retail Focus

MARCH 13, 2025

For instance, AI-powered virtual assistants can provide product suggestions based on previous shopping habits, while interactive kiosks offer tailored promotions and inventory updates. IoT and Smart Inventory Management The Internet of Things (IoT) is revolutionising inventory management.

Payment Services 147

Payment Services Checkout Inventory Management Kiosk 147

Retail TouchPoints

MAY 15, 2023

Developing Personalized Experiences From a technical perspective, a lot of work is required of marketing and developers to build content for smart speakers. Just as they can personalize and promote products when consumers turn on an app or smart speaker, brands can send a personalized message when consumers turn off the gadget.

Marketing 263

Marketing Inventory Management Consumer Shopping 263

Retail TouchPoints

MAY 21, 2024

This capability enables retailers to understand their current operations, anticipate future trends and adapt strategies accordingly, ensuring they remain agile and responsive to the ever-changing market demands. Furthermore, understanding customer interaction with merchandise helps tailor personalized marketing strategies.

Inventory Management 264

Inventory Management Payment Services Store Layout Promotions 264

Retail TouchPoints

JANUARY 25, 2022

Let’s dive into some small ideas that can help tackle big goals: 1) Think Big: Increase customer engagement with more interactive marketing. 4) Think Big: Improve supply chain and inventory management. Act small: Add a feature to your website allowing customers to search inventory availability in local store locations.

Management 264

Management Marketing Customer Experience Inventory Management 264

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

Inside Retail

MARCH 25, 2025

Ramadan continues to be a crucial shopping period across Southeast Asia, with evolving consumer behaviours and market dynamics shaping the retail landscape. Malaysia, a predominantly Muslim market, saw a 21 per cent growth in retail transactions last year, while Singapore posted a 7 per cent increase.

Shopping 130

Shopping Inventory Management Consumer Promotions 130

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 98

Inventory Management Wholesale Management Markdowns 98

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

Independent Retailer

NOVEMBER 15, 2024

The scope of management includes the physical store, website, company social media, inventory, personnel and marketing. Management is aimed not only at increasing sales, but also at building customer loyalty and reducing costs. Trained staff do not waste working time and create a positive experience for customers.

Management 105

Management Wholesale Visual Merchandising Promotions 105

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2024

Enhanced Inventory Management Effective inventory management is vital for retail success. A centralized database provides retailers with a comprehensive view of stock levels across all stores, warehouses, and online platforms, allowing them to make informed decisions regarding inventory replenishment and distribution.

Inventory Management 111

Inventory Management Location Management Supply Chain Management 111

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

Wiser

OCTOBER 29, 2024

It’s no surprise that 63.88% of shoppers expect pricing and promotions to be consistent across online and in-store channels. Invest in Real-Time Inventory Management Systems: Utilize integrated systems that sync inventory data across all channels in real-time.

Management 78

Management Inventory Management Consumer Promotions 78

Retail TouchPoints

APRIL 1, 2025

Grocers worldwide are investing in AI-powered retail media strategies, such as platforms that allow them to analyze vast amounts of data to optimize ad placements, personalize promotions and modernize inventory management (think: those Caper Carts Aldi and Instacart are partnering on).

Grocer 147

Grocer Checkout Point of Sale Advertising 147

Retail Focus

MARCH 25, 2025

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. The Effect on Supply Chains and Inventory Management Inflation turns warehouse shelves from assets to albatrosses.

Consumer 130

Consumer Drop-Shipping Shipping Store Layout 130

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

365 Retail

JANUARY 9, 2025

In the fast-paced world of ecommerce, where growth and scalability define success, email marketing remains one of the most critical tools for driving customer engagement and revenue. It is particularly well-suited for businesses that are scaling rapidly and require sophisticated tools to manage their marketing efforts.

Inventory Management 98

Inventory Management Marketing Management Promotions 98

Wiser

NOVEMBER 19, 2024

This allows headquarters and field teams to correlate store conditions (like product placement, promotion compliance, and availability) with actual sales performance, leading to smarter, faster decision-making. Identify trends in promotion execution or availability that may be affecting performance.

Promotions 78

Promotions Inventory Management Consumer Accounting 78

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 263

Payment Services Customer Experience Inventory Management Promotions 263

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, 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

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

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

Wiser

APRIL 9, 2025

For instance, if the e-commerce team notices a surge in online sales for a particular product but lacks visibility into in-store performance, they might not realize that in-store promotions or pricing adjustments could further enhance overall sales. This misalignment can lead to lost sales, additional holding costs, or both.

Consumer 78

Consumer Promotions Marketing Inventory Management 78

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

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

Wiser

NOVEMBER 6, 2024

The Case for Store-Level Selling with Data-Driven Insights For years, CPGs have relied on market-level data to guide trade negotiations and promotional activities. For instance, offering targeted promotions in stores where a product performs well during certain times of the year maximizes sales and profitability.

Promotions 78

Promotions Inventory Management Location Management 78

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

Retail TouchPoints

FEBRUARY 20, 2025

One answer is that the connected capabilities of the cart allow retailers to provide customers with more relevant promotions and recommendations. New integrations with pricing and promotions platform Eversight (which Instacart acquired in late 2023 ), such as list-syncing from app to cart , are in the works.

Grocer 191

Grocer Shopping Consumer Management 191

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

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