Retail TouchPoints

OCTOBER 2, 2024

Gas stations and convenience stores, once the cornerstone of road trips, are undergoing a significant transformation due to the increasing prevalence of electric vehicles (EVs). The adoption of advanced artificial intelligence (AI) technologies is enabling convenience and fuel retailers to adapt and thrive amidst this market transition.

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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.

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Planning Inventory Management Consumer Shopping 179

Retail TouchPoints

OCTOBER 19, 2023

Viall will retain ownership of merchandising and product development functions and assume responsibility for the supply chain; and Kelly Cook, who joined David’s Bridal in 2019 as EVP, Chief Marketing and IT Officer, has been promoted to President of Brand, Technology and Finance.

Inventory Management 263

Inventory Management Promotions Finance Store Operations 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.

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Inventory Management Payment Services Store Layout Promotions 264

Retail TouchPoints

SEPTEMBER 16, 2024

Northeast Grocery is testing in-store robots designed to detect out-of-stocks and inaccurate prices in 10 upstate New York stores. The Tally robot allows us to address inventory and pricing challenges with incredible precision while giving our store teams the tools they need to focus on what matters most — serving our customers.”

Inventory Management 273

Inventory Management Wholesale Supermarket Customer Experience 273

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. FAQ What does a retail manager do? What is the objective of retail management?

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Management Wholesale Visual Merchandising Promotions 105

Retail TouchPoints

DECEMBER 5, 2022

It also hired a Chief Operating Officer to help revamp supply chain operations and find savings across store efficiency, marketing expenses and information technology contracts. Party City is working to ease the pressure by cutting $30 million in costs, including by laying off 19% of its workforce.

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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. Those same cameras and sensors also are at the heart of the grab-and-go checkout system featured in Amazon Go stores.

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Payment Services Inventory Management Checkout Loss Prevention 246

Retail TouchPoints

JANUARY 18, 2022

Sheetz , a convenience store chain with 630 stores across six states, has chosen the RELEX Solutions unified retail planning solution. The retailer will use the technology to help position it for store and supply chain growth as well as dynamic marketing opportunities.

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Planning Inventory Management Accounting Promotions 256

Retail TouchPoints

APRIL 4, 2025

Finally, many retailers operate in a siloed manner. When inventory management, marketing, supply chain and in-store operations dont speak the same language and rely on separate data streams and objectives, theres a loss of agility. Disconnected teams mean fragmented decision-making.

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Retail TouchPoints

SEPTEMBER 13, 2024

By 2030, the smart retail market will be worth $91.36 However, that’s not to say that the current state of smart stores is ideal. 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.

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Payment Services Checkout Inventory Management Kiosk 287

Retail TouchPoints

JULY 29, 2020

Store Associates Gain Access To Up-To-Date Data. The final prong was in Burton’s customer-facing solutions, comprising technologies for e-Commerce, marketing, social media, customer service and a retail POS. We’ve got the right tools to meet customer and market needs, whatever they may be.”.

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Planning Wholesale Customer Experience Store Operations 317

Retail TouchPoints

FEBRUARY 10, 2022

Leite’s experience on the show not only amplified her “people-first” leadership philosophy, but also prompted a number of investments to address problems she uncovered while undercover, including: $500,000 on product education for store associates, known as Health Enthusiasts; $1.5 million on inventory management solutions; $1.2

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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

AUGUST 14, 2023

This change is necessary to provide the real-time data that powers the robots and automation tools that are central to retailers’ inventory management. Laying the foundation for the first store can take time, but each subsequent store will see this timeframe narrow.

Payment Services 245

Payment Services Checkout Inventory Management Grocer 245

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 informs action, revealing which path to take in a crowded and highly competitive market. That said, there have been a few bumps in the road.

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Fulfillment Jewelry Consumer Inventory Management 305

Retail TouchPoints

MAY 11, 2023

Rather, this year presents “new opportunities for incremental revenue, transforming their business models to capture additional market share, and implementing cost-saving innovations for operational survival.” As shopper expectations and demands grow, the retailer will feel the pressure to improve operational efficiencies.

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Kiosk Consumer Inventory Management Customer Experience 267

Retail TouchPoints

MAY 14, 2021

Shively brings more than 25 years of retail experience in merchandising, product development and inventory management to the position. She most recently served as SVP, General Merchandise Manager for JCPenney ’s home division, where she was responsible for overseeing its merchandising strategies for home product categories. “I

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Retail TouchPoints

NOVEMBER 18, 2021

Accurate data ensures that communications with customers related to order status or stock availability are not just timely but also based in fact, and can provide useful insights to drive marketing and promotional activity. Ashish Sahu is Head of Product and Solution Marketing at Redis. Expect the Unexpected.

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Retail TouchPoints

FEBRUARY 27, 2024

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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Payment Services Wholesale Store Layout Inventory Management 278

Retail TouchPoints

MAY 3, 2023

The retail industry is undergoing an unprecedented wave of change as global issues have affected retailer supply chains, the labor market and consumer behaviors. Incorporating digital showrooms can support in-store inventory management and a more seamless omnichannel experience for customers as well.

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Visual Merchandising Consumer Inventory Management Customer Experience 278

Retail TouchPoints

OCTOBER 3, 2023

The desire to ship even ground service from stores to deliver more orders within two business days is another customer experience-focused market driver.

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Wiser

DECEMBER 4, 2023

For brand manufacturers, retail monitoring is a critical aspect of maintaining and enhancing market presence. They provide access to a broader customer base and facilitate entry into new markets, crucial for scaling operations. On top of this, insufficient retail monitoring could lead to ineffective inventory management.

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Inventory Management Promotions Visual Merchandising Management 146

Retail TouchPoints

FEBRUARY 21, 2023

Better communication between in-store staff, store managers and supply chain personnel via 5G devices will allow for responding to customer queries. 5G-enabled tools can allow for order picking and inventory management. Connected devices also allow for personalization and improved customer service.

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Sporting Goods Payment Services Point of Sale Shrinkage 264

Inside Retail

NOVEMBER 27, 2023

As we edge closer to 2024, this phygital wave is being propelled by a raft of emerging technologies that promise to redefine the contours of retail operations, marketing strategies and customer engagement paradigms. This is especially crucial in managing seasonal or event-driven merchandise.

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Small Biz Trends

DECEMBER 6, 2022

It comes with its own card reader and offers additional features such as payroll, inventory management tools, sales data, and more. Paypal Zettle includes various key POS features, including payment processing, sales data, inventory management, and more. POS Systems for Inventory Management. Brilliant POS.

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Point of Sale Payment Services Merchant Services Inventory Management 115

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. PVH x RetailNext and MarketDial PVH Corp.

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Retail TouchPoints

JULY 28, 2020

There are new and innovative ways to marry personal computing devices, gesture recognition technology, merchandising creativity and inventory management to create a new world of retail that’s an inviting, engaging and safe space for thriving retail commerce — as well as the sometimes-elusive emotional connection between shoppers and brands.

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Fulfillment Inventory Management Payment Services Consumer 256

Clover - Retail

OCTOBER 10, 2024

To help you manage your energy over the long shopping season, delegate to other team members early and add automation tools–like Clover inventory management and other apps from the Clover App Market –like Order Paper –to keep things running smoothly.

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365 Retail

OCTOBER 8, 2023

The focus is on digitising key elements of the industry’s life cycle, including customer interactions, store operations, inventory management, and product development. The company has trained over a hundred designers and graphic artists, resulting in more than twenty AI-co-created garments currently in the market.

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Inventory Management Fashion Store Operations Management 105

Wiser

OCTOBER 10, 2024

However, implementing BOPIS isn’t without its challenges, particularly for CPG brands that need to balance online and in-store inventory demands. The Effects of BOPIS on CPG Brands Inventory Management Challenges One of the most significant impacts of BOPIS on CPG brands is the complexity it adds to inventory management.

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RETAIL MANAGEMENT SOFTWARE

OCTOBER 3, 2022

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. BI is becoming more readily available to all sizes of retail stores.

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Inside Retail

SEPTEMBER 15, 2021

To make things worse, during government-mandated lockdowns in many markets across Asia, in-store merchandisers and sales reps have often not been allowed to enter stores. Trax’s technology can also help to harmonise inventory management with availability to optimise shelf space.

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Inventory Management Promotions Consumer Planning 130

Wiser

JULY 31, 2023

The more complicated the instruction, the more likely a store employee is to make a mistake or arrange something incorrectly. By implementing these strategies, brands can ensure their product display aligns with their strategic goals, leading to improved store operations and increased sales.

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I Vend

SEPTEMBER 14, 2023

We’ve looked at the importance of a customer-centric approach, data-based decisions, omnichannel, supply chain management and your team. Optimising store operations – When it comes to store operations, one of the things that all successful retailers have in common is optimised processes and efficiency.

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Payment Services Supply Chain Management Store Operations Point of Sale 105

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.

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Independent Retailer

SEPTEMBER 15, 2022

If you are running a grocery, convenience store , liquor shop, or something similar, you should think twice about waiting until tomorrow to reorder your best selling products. Thankfully, there are tools available for a store operator to attack this problem at its root. What is a Stockout?

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Inventory Management Store Operations Grocer Management 98