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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Retail TouchPoints

AUGUST 11, 2020

Circle K will pilot a touchless autonomous checkout solution in one of its Phoenix locations and plans to add the technology to other store locations. The parent company operates nearly 14,500 convenience stores worldwide.

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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. “ Unfortunately, history isn’t providing retailers with much guidance. Retailers Must Show Economic Empathy.

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Payment Services Promotions Consumer Inventory Management 359

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.

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Payment Services Checkout Inventory Management Store Layout 162

Retail TouchPoints

JULY 26, 2021

Building an online presence starts with a well-designed website supported by an effective digital marketing plan. A tech stack is the ecosystem of hardware and software platforms needed to manage the DTC order fulfillment process from end to end. Customer Relationship Management. Web Design & Development.

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Wholesale Payment Services Fulfillment Returns 279

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. Follow 3 key design principles. Buy premium web hosting.

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Retail Focus

JANUARY 12, 2023

However, to do that, the system needs to be operable 24/7 throughout the entire year. But, of course, that has many downsides, such as cost, workforce planning, etc. The ultimate benefits that come with all of that include: reduced operating costs, fewer operator errors, increased sales, . enhanced staff efficiency, and.

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Retail TouchPoints

JULY 12, 2023

Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics. Innovations have slowed since then, but edge computing will usher in a new wave of personalization and self-service for modern shoppers.

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Payment Services Inventory Management Checkout Loss Prevention 246

I Vend

APRIL 2, 2025

If youre an ambitious mid-sized retailer, youre probably aware of retail management software, and understand that it can be a powerful tool to help you automate and streamline your operations. You know that its more than simply a point of sale, and that it offers a comprehensive platform for managing the entire retail operation.

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Retail TouchPoints

JANUARY 20, 2022

Amazon has announced plans for its first-ever physical fashion store — dubbed Amazon Style — which will feature women’s and men’s apparel, shoes and accessories. In mid-2021 rumors also surfaced of plans for large-footprint department stores , although Amazon hasn’t formally announced anything along these lines.

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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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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

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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Merchant Services Payment Services Promotions Location 287

Retail TouchPoints

JANUARY 10, 2023

Further, excess inventory can lead to lost revenue because products that are not sold quickly can become obsolete or go out of fashion. Here are four tactics that retailers and ecommerce sellers can employ to eliminate excess inventory and mitigate the impact of the holiday hangover as they plan for 2023: 1: Diversify sales channels.

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Payment Services Drop-Shipping Fulfillment Shipping 287

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 MANAGEMENT SOFTWARE

FEBRUARY 28, 2025

According to NRF’s 2024 Retail Technology report, over 75% of retailers are planning significant investments in technology to enhance their operations this year. Retailers are investing in technologies that streamline checkout, improve in-store fulfillment, and integrate digital systems to speed up operations.

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Storis

FEBRUARY 4, 2025

As the industry embraces transformative technologies like e-commerce platforms, digital inventory systems, and modern POS solutions to enhance operations and customer experiences, new vulnerabilities emerge. Financial Losses: Ransom payments, legal fees, and regulatory penalties can quickly add up.

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Payment Services Home Furnishings Inventory Management Customer Experience 52

Inside Retail

MAY 5, 2024

In essence, acting ‘glocal’ acknowledges the importance of building a strong global presence while simultaneously tailoring products, services, and marketing strategies that best resonate with the unique preferences and cultural nuances of local markets. Process standardisation Any expansion initiative is going to require scalable systems.

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Retail TouchPoints

APRIL 29, 2024

Celebrating its 30th anniversary this year, AllSaints operates over 200 stores across 27 countries. with significant geographic expansion planned for this year, and the results are “either at our expectations or slightly exceeding it,” said Reid. It helps us know who our engaged customers are and give them a better service.”

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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

But we plan to keep on evolving the system.” Consumers who use the service are often effusive about the technology, with Reddit threads about it. Tambara stresses it is critical to make inventory management more precise and to recognise that the company’s warehouses support both physical stores and e-commerce.

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Retail TouchPoints

JULY 11, 2023

But the NFL has an edge, as it has led the way in adopting technologies like network analytics and cloud management solutions that make it easier to ensure the network can handle demands from both fans and operational teams. For example, many NFL teams are experimenting with changing the nature of the payments experience.

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Payment Services Inventory Management Consumer Returns 213

Retail TouchPoints

OCTOBER 1, 2021

Knowing the specific obstacles between you and the products you’re waiting for is the first step in figuring out a plan to work around shortages and rebuild inventory. The most important aspect, from an inflationary standpoint, is inventory management for the customers now,” said Nemia. They want faster service.

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Retail Minded

JULY 4, 2024

Ensuring compliance with tax regulations while maximizing deductions requires careful planning and strategic execution. This process is also more accessible and can prepare a client with all the paperwork when it is time for tax filing. Navigating the complexities of tax season can be daunting for any retail business owner.

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Retail Focus

AUGUST 20, 2024

However, when the current climate suggests that there could be trouble afoot at any moment, hardworking business owners are left with no choice but to rethink and enhance their security processes. Alarms can sound and emergency services can be notified remotely, not just when personnel are on-site.

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365 Retail

SEPTEMBER 16, 2024

Smart financial planning is essential to navigating these challenges effectively, ensuring smooth operations, and ultimately driving growth. This guide provides actionable strategies to streamline retail operations by setting clear financial priorities, managing cash flow, and optimising resources.

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Small Biz Trends

JULY 20, 2022

Typically, managing books, updating reports and completing the invoicing process takes up a lot of time. Easier invoicing: Most comprehensive accounting software provides templates for invoicing to improve operations. They also provide invoice sending features to streamline the invoicing process. Tax compliance tools.

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365 Retail

JUNE 5, 2024

Luckily, new technology offers solutions to streamline retail store operations, boost operational efficiency, and provide top-notch service. Optimizing Inventory Management Proper inventory control is crucial for any retail business. Enter smart inventory management systems.

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Retail Focus

JUNE 14, 2024

We do not sell technology as such but help retailers improve customer experience, improve sales processes and help increase sales,” said Mark Leadbitter, global retail tech innovation consultant at Lead. This can include contactless payments and sanitised self-checkout stations. “In

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Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. This means users don’t have to buy web hosting or install software anywhere.

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V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. Each customer’s shopping journey is unique and each store operates differently. You can manage everything from Square’s dashboard and track how your business is doing.

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I Vend

APRIL 2, 2025

Running your software in the cloud means that it relies on your network in order to operate. A short loss of connectivity may be manageable at head office with updates simply being sent once the network is back. You need inventory management, a loyalty program, and the ability to send out promotions and gift cards, for example.

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V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. Each customer’s shopping journey is unique and each store operates differently. You can manage everything from Square’s dashboard and track how your business is doing.

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Merchant Services Payment Services Inventory Management Planning 92

Clover - Retail

DECEMBER 19, 2024

Review your business plan Your business plan and needs, including where your business should be located in order to thrive, should be at the forefront of any lease decisions. Understand financing options Businesses come with many operating expenses leasing commercial space is one of the biggest.

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Inside Retail

JULY 17, 2022

Decathlon’s Data Lab in Singapore is the latest facet of the brand’s pursuit of innovation and part of its efforts to develop new digital services and incubate data projects, in collaboration with partners such as Sport Singapore, research agencies, and schools.

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I Vend

MAY 8, 2024

Here’s some of the key ways that an integrated POS systems for wine and liquor can underpin growth strategies for wine and liquor stores: POS – integrated POS software for wine and liquor stores helps with efficiency at the checkout, enhancing the customer experience and streamlining operations in wine and liquor stores.

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Inside Retail

APRIL 25, 2023

Rather, it is in constant flux, with innovations shifting the way that industry players operate, and changing the way that consumers and traders interact with one-another. These same robots could be connected to in-store analytics, inventory management system[s] and merchandiser plans all powered by AI.

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