Retail TouchPoints

SEPTEMBER 13, 2024

Most retailers have heeded their digitally savvy consumers’ demands, embedding connected technology into their storefronts to varying degrees. By 2030, the smart retail market will be worth $91.36 billion thanks to these aggressive investments. However, that’s not to say that the current state of smart stores is ideal.

Payment Services 287

Payment Services Checkout Inventory Management Kiosk 287

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

JULY 17, 2023

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 Inventory management. from 2023 to 2030.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 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

JUNE 13, 2023

Agility in a dynamic market: Another key challenge is ensuring agility in our technology strategy. The retail market is highly dynamic, with changing customer expectations, emerging technologies and evolving business models. This involves personalized product recommendations, marketing messages and customer service.

Customer Experience 289

Customer Experience Inventory Management Marketing Consumer 289

Inside Retail

SEPTEMBER 3, 2024

Retailers are integrating AI with bricks-and-mortar shops and online platforms to give the shopping experience a remarkable transformation, enhancing both customer satisfaction and operational efficiency. 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

DECEMBER 28, 2022

Hence the undeniable need for robust warehouse management technologies that are future-focused and effortlessly scalable. The ever-changing retail market has made automation a necessity. According to recent research, the global warehouse automation market is estimated to grow at a CAGR of 14%, reaching $30 billion by 2026.

Management 279

Management Fulfillment Drop-Shipping Employee Engagement 279

Retail TouchPoints

MARCH 31, 2021

Nowhere is that more true than the retail market, which has seen a fundamental shift among consumers in the wake of the pandemic. The question is: are retailers ready to handle it? APIs are one method that retailers are seizing upon to build a more engaging, efficient and profitable future. They say you can never go back.

Consumer 317

Consumer Inventory Management Management Boutique 317

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. It’s time to embrace the future of excess inventory.

Inventory Management 165

Inventory Management Apparel Fashion Specialty Store 165

Rain Pros

AUGUST 17, 2023

The marketing tools and advertising strategies you employ make or break your business. Regardless of your retail niche, you need and deserve the best high-tech marketing tools. Enter retail marketing tools. Effective tools do more than merely make customers aware of your retail business.

Retail Marketing 52

Retail Marketing Payment Services Marketing Advertising 52

Rain Pros

MAY 1, 2023

The marketing tools and advertising strategies you employ make or break your business. Regardless of your retail niche, you need and deserve the best high-tech marketing tools. Enter retail marketing tools. Effective tools do more than merely make customers aware of your retail business.

Retail Marketing 52

Retail Marketing Payment Services Marketing Advertising 52

Retail Bound

DECEMBER 31, 2024

Brands that adapt to these shifts will strengthen their customer relationships and expand their market share. Data-Driven Decision Making Data analytics and insights are becoming indispensable tools in retail strategy. Predictive analytics enables brands to anticipate consumer needs, optimize pricing, and enhance inventory management.

Inventory Management 52

Inventory Management Consumer Retail Trends Customer Experience 52

I Vend

MAY 8, 2024

The alcoholic drinks sector is a large and growing market that shows no sign of slowing down. It offers rewards to retailers who can engage competitively and efficiently. The US’ largest wine retailer makes 20% of their sales online, compared to 2% before the pandemic. Why is inventory management so important in liquor retail?

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

Inside Retail

MARCH 3, 2025

For instance, quality control and inspection help meet product standards before reaching the retailer and include checking for defects, verifying quantities and conducting compliance checks. Labelling and tagging through price tags, RFID tags or promotional labels helps with inventory management.

Inventory Management 130

Inventory Management Returns Customer Experience Management 130

Retail TouchPoints

OCTOBER 22, 2021

currently Amazon captures just 1% of the worldwide retail market. Despite all the talk of the rise of ecommerce, most retail in the U.S. In the case of retail, it is a hyper-competitive market segment with a lot of very large and successful players. We don’t have the ability to take our consumer prices up.

Fulfillment 276

Fulfillment Management Accounting Marketing 276

365 Retail

FEBRUARY 17, 2025

The retail industry plays a pivotal role in economies worldwide, and keeping track of its trends is crucial for investors, business owners, and market analysts. These can offer detailed insights into the industry’s direction, company performance, and broader market sentiment.

Inventory Turnover 52

Inventory Turnover Inventory Management Retail Trends Consumer 52

RETAIL MANAGEMENT SOFTWARE

OCTOBER 3, 2022

Data-driven decision making is no longer optional; it is a necessity for retail. Leading retailers have embraced digital transformation and leveraged the latest business intelligence (BI) capabilities to identify market trends, spot shopping patterns and changes in consumer behavior, and make informed decisions based on valuable insights.

Customer Retention 110

Customer Retention Inventory Management Customer Experience Kiosk 110

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Adoption of the omnichannel distribution system and cross-channel marketing.

Retail Trends 111

Retail Trends Consumer Payment Services Fulfillment 111

Retail Bound

APRIL 13, 2024

As Robert Gilbreath, VP of Marketing at ShipStation, a web-based shipping solutions provider, puts it, “Compared to splashy marketing campaigns and new product features, shipping isn’t exactly the sexiest topic. ” The following is an analysis of two major distribution models, drop shipping and traditional inventory.

Drop-Shipping 98

Drop-Shipping Shipping Merchant Services Payment Services 98

CJ Retail Solutions

MARCH 15, 2023

Retail merchandising involves the visual presentation of products in your store, including everything from product displays to store layout to pricing. It’s a critical part of retail marketing, and it can be the difference between a shopper walking out of your store empty-handed or walking out with bags full of merchandise.

Store Layout 52

Store Layout Inventory Management Promotions Merchandise Store 52

Storis

SEPTEMBER 16, 2024

The process of assigning serial numbers to inventory pieces is a critical aspect of efficient inventory management, particularly in the appliance retail market. While both are identifiers used in inventory management, they serve distinct purposes.

Inventory Management 52

Inventory Management Inventory Turnover Management Point of Sale 52

Retail Next

SEPTEMBER 24, 2019

In today’s world, collecting data and basing decisions on the calculated data is critical to success, especially in the retail market. It is also critical to formulating an effective business and marketing strategy. Ensuring relevancy of products as per demand and the competitive market. Assess the market and competition.

Point of Sale 88

Point of Sale Inventory Management Target Market Customer Experience 88

Retail Next

FEBRUARY 18, 2020

In the business world, it’s better to be the company creating the latest trends than it is to be the business that too slowly follows what happens elsewhere in the market. Keeping track of the latest product trends in the current market will also give you valuable insight into your customers and to what they’re responding well.

Inventory Management 92

Inventory Management Marketing Management Fashion 92

I Vend

JUNE 10, 2024

Many retailers therefore see a POS system upgrade as a necessity, and in a recent study, 60% said that POS replacement was their top priority. So opportunity is abundant in the liquor retail market, for those retailers who can harness it. Sticking with an old system has pitfalls and may end up costing more than it saves.

Payment Services 52

Payment Services Management Location Marketing 52

Mass Relators

JULY 15, 2024

The firm’s Retail & Consumer Products practice, which conducted analysis for the report, expects U.S. of retail market share in 2024, compared with 21.6% is in a maturing phase as it returns to pre-pandemic normalcy, but it continues to capture market share, primarily from store-based retailers,” said J.D.

Home Furnishings 52

Home Furnishings Sporting Goods Inventory Management Returns 52

Retail Bound

AUGUST 6, 2024

Launching a new product in retail is an exciting time for any product manufacturer, but it also comes with its fair share of challenges. From inventory management to marketing strategies, there are various factors that can affect the success of a retail product launch.

Promotions 52

Promotions Inventory Management Planning Marketing 52

Retail Bound

MAY 28, 2024

Launching a new product in the retail space is an exciting time for any product manufacturer, but it also comes with its fair share of challenges. From inventory management to marketing strategies, there are various factors that can affect the success of a retail product launch.

Promotions 52

Promotions Inventory Management Planning Marketing 52

365 Retail

SEPTEMBER 16, 2024

Retail businesses face constant challenges, from fluctuating market conditions to changing consumer demands. This guide provides actionable strategies to streamline retail operations by setting clear financial priorities, managing cash flow, and optimising resources.

Payment Services 52

Payment Services Planning Inventory Management Management 52

Retail Smart Guys

OCTOBER 18, 2022

A tremendous unconstant shift is happening in the retail market, resulting in the formation of smart retail. To understand this evolving marketing landscape, here’s how SMART retailing caused development and impacts in the industry. Automation and AI will speed up redundant tasks, such as inventory management.

Payment Services 52

Payment Services Inventory Management Point of Sale Promotions 52

Shopper Motion

DECEMBER 19, 2022

By collecting data on how shoppers move through the store, what products they interact with, and how long they spend in different areas, retailers can gain a deeper understanding of what drives sales and make informed decisions about store layout, product placement , and marketing efforts. Enhanced inventory management.

Store Layout 52

Store Layout Inventory Management Promotions Target Market 52

Retalon

FEBRUARY 14, 2024

This pivot focuses on optimizing key areas such as inventory management, refining customer experiences, and predicting sales trends, all leading to an enhanced overall business performance. Retail analytics insights play a pivotal role in strategic decision-making. Each plays a unique role in addressing retail challenges.

Inventory Management 41

Inventory Management Management Consumer Marketing 41

Retalon

APRIL 25, 2017

Retail CIOs can use this research to understand the state of the retail market, assess their preparedness, and identify key technology providers such as Retalon. In this report: Market Definition. Market Description. Market Direction. Market Analysis. Market Introduction. Vendor Profiles.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retail Assist

NOVEMBER 13, 2024

This unified structure allows for real-time data access and more informed decision-making, which is vital for responding to the fast-paced shifts in customer demand and retail market dynamics. How Can an ERP Help a Retailer Capitalise on Future Trends? inventory management, sales tracking, CRM).

Inventory Management 52

Inventory Management Customer Experience Management Fulfillment 52

Retalon

FEBRUARY 15, 2024

Retail analytics insights directly impact sales and customer loyalty by enabling more personalized shopping experiences and efficient inventory management. A compelling testament to the power of analytics is showcased by predictive analytics in retail.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Retail Smart Guys

SEPTEMBER 2, 2022

Particularly in your inventory, which is the biggest expense every retail store has, establishing the correct level of inventory, on a department by department basis, and a location by location basis, is the most important job in retail. Maintains a low number of overstocks. ? Keeps a low number of stockouts. ?

Planning 40

Planning Markdowns Inventory Management Location 40

I Vend

NOVEMBER 10, 2021

Retail Customer Experience tells us that the top three home improvement chains in the US sold goods worth $54.67 McKinsey has identified a group of 25 companies who account for 91% of market capitalisation in the retail sector – and two of the top seven are home improvement and hardware retailers.

Customer Experience 52

Customer Experience Inventory Management Fulfillment Marketing 52

I Vend

FEBRUARY 21, 2023

That makes for a substantial global optical retail market, which currently sits at US$ 279.24 Whilst that market did drop off during the pandemic, it is growing strongly again now, fuelled by a combination of an aging population, and time spent on screen increasing the incidence of short and near-sightedness.

Fashion 52

Fashion Inventory Management Management Accessories 52