Retail TouchPoints

JANUARY 13, 2023

As expected, promotions played a major role in setting the pace of the latter half of the season, with an average discount rate of 21% in 2022 compared to 19% in 2021, according to Salesforce. Promotions hit their peak during Cyber Week, when the average discount jumped to 30% in the U.S. By comparison, electronics saw a 1.4X

Promotions 295

Promotions Sporting Goods Jewelry Inventory Management 295

Retail TouchPoints

JULY 13, 2020

Inventory management starts — and only starts — with a warehouse management system (WMS). In practice, most out-of-box WMSs are not capable of managing the volume and complexity of workloads required in today’s retail environment. Theoretically. Set Default Levels Using Demand Prediction.

Inventory Management 204

Inventory Management Management Promotions Customer Experience 204

Retail Focus

FEBRUARY 4, 2025

This helps retailers optimise inventory levels, staffing, and promotions for smoother operations and waste reduction. Predictive analytics provides retailers with a data-driven approach to demand planning and inventory management. This improves productivity and reduces costs.

Inventory Management 162

Inventory Management Markdowns Checkout Customer Experience 162

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

Inside Retail

MARCH 21, 2024

When UK and Irish discount book, games and toy retailer The Works set out to improve the accuracy and efficiency of its inventory management across its stores it turned to Zebra Technologies to revolutionise its back-end management system. To me, there is no greater accolade I could offer.”

Inventory Management 130

Inventory Management Management Fulfillment Promotions 130

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. Do you have enough stock on hand?

Inventory Management 111

Inventory Management Management Inventory Turnover Drop-Shipping 111

Retail TouchPoints

MAY 21, 2024

By examining this network traffic, retailers can gain valuable insights, such as the most frequented areas of a store, the effectiveness of digital signage, the efficiency of store layouts and even the performance of online versus in-store promotions. The potential of network analytics extends far beyond simple foot traffic analysis.

Inventory Management 264

Inventory Management Payment Services Store Layout Promotions 264

Retail Smart Guys

SEPTEMBER 12, 2023

When it comes to inventory management, it’s easy to get lost in spreadsheets, logistics, and technology. People skills in inventory management play a pivotal role in ensuring the efficient flow of goods, maintaining team morale, and fostering strong customer relationships.

Inventory Management 105

Inventory Management Management Markdowns Customer Retention 105

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

MAY 29, 2024

Retasmart is designed to enable retailers to unify all channels and experiences in one solution, allowing them to solve challenges related to inventory management, customer engagement, payment options, reporting and analytics, and multichannel retailing — all from a single platform.

Payment Services 264

Payment Services Inventory Management Promotions Management 264

Retail Focus

FEBRUARY 6, 2025

When retailers meet these demands, they reap the rewards of loyalty, word-of-mouth promotion, and repeat purchases. Consolidating loyalty data also grants a deeper insight into customer behaviour, enabling targeted promotions and tailored product suggestions.

Payment Services 147

Payment Services Returns Technical Support Promotions 147

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

SEPTEMBER 16, 2022

BTM Global will continue to support Rogers & Hollands with its upcoming initiatives to improve its loyalty programs, promotions, communications and inventory management using Oracle Retail Customer Engagement Cloud Service and Oracle Retail Order Broker Cloud Service.

Jewelry 278

Jewelry Inventory Management Promotions Customer Experience 278

Inside Retail

MARCH 25, 2025

Sales tend to surge in the final two weeks of Ramadan, and understanding these peak periods allows brands to optimise promotions and inventory management accordingly, he said. This year, Ramadan began on February 28 and ends on March 30.

Shopping 130

Shopping Inventory Management Consumer Promotions 130

Retail TouchPoints

AUGUST 5, 2024

“For example, if a customer does a product return at the register, and then [the product] gets reintroduced into inventory — all those steps are built into the process now. Additionally, Jumpmind built an inventory management tool into the POS, so we can transfer product, receive product and do cycle counts — it’s all baked in now.”

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Retail TouchPoints

JANUARY 6, 2023

The challenge for retailers is understanding where their customers will be six months from now and positioning their inventories, promotional plans and overall business outlook accordingly. Promotions can be Effective in this ‘Deal-Seeking’ Environment. Unfortunately, history isn’t providing retailers with much guidance.

Payment Services 359

Payment Services Promotions Consumer Inventory Management 359

Retail TouchPoints

JANUARY 18, 2022

By partnering with RELEX, our corporate demand planners have the ability to improve processes that support our distribution and inventory management strategies,” said Bill Ruggles, Director of Procurement for Sheetz in a statement. RELEX will ultimately help ensure Sheetz customers have what they want, when they want it, 24/7/365.”.

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.

Inventory Management 272

Inventory Management Promotions Marketing Management 272

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 MANAGEMENT SOFTWARE

MARCH 20, 2025

Understanding how your shops perform in terms of inventory and ROI is essential to the success of any multi-store operation. What if we told you that you could successfully manage all of your stores’ inventory and ROI with one intuitive inventory management system?

Management 101

Management Payment Services Inventory Management Store Operations 101

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

AUGUST 27, 2021

Facing the complex task of data analysis, artificial intelligence can help retailers determine customer promotions of interest and potential customer churn. Nearly any store-within-a-store model will mandate a store-wide shift in inventory management to make way for new products and increased storage from the partner brand.

Inventory Management 279

Inventory Management Department Stores Management Shopping 279

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

I Vend

OCTOBER 26, 2024

Inventory is a big part of your retail business investment – up to 80% of the total in some cases. Flawless inventory management is therefore one of the most effective things you can do in order to reduce costs and maintain smooth operations. Learn about our integrated POS, inventory management and smart replenishment.

Inventory Management 52

Inventory Management Point of Sale Management Markdowns 52

Retail TouchPoints

MARCH 29, 2021

But simply buying all of those platforms — CDP, POS, Loyalty, Promotions, Ecommerce, package payment terminals, and pricing and inventory management software — doesn’t automatically put retailers on the path to success. Does my data strategy integrate easily with third parties today? Tomorrow?

Advertising 299

Advertising Inventory Management Promotions Marketing 299

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. 1: Demand forecasting. 2: Order cycle time.

Fulfillment 310

Fulfillment Returns Shipping Promotions 310

Independent Retailer

NOVEMBER 15, 2024

Management is aimed not only at increasing sales, but also at building customer loyalty and reducing costs. Also: 3 Strategies to Help Grow Your Business Importance of Retail Management Effective retail management can be your competitive advantage. What is the objective of retail management?

Management 105

Management Wholesale Visual Merchandising Promotions 105

Inside Retail

NOVEMBER 6, 2023

“Zebra Workcloud is a purpose-built suite of enterprise applications designed specifically for the front-line worker to better optimise labour decisions, simplify and streamline communication and improve inventory management.”

Inventory Management 299

Inventory Management Promotions Management Shipping 299

Retail TouchPoints

DECEMBER 25, 2023

Fortunately, technology exists to help smart retailers understand what products they should sell and how much inventory they need to hold to ensure their shelves remain full, so that customers who walk into a store looking to buy something can walk out with a purchase and a smile. Manage your inventory exceptionally well.

Customer Experience 282

Customer Experience Dead-Stock Store Layout Point of Sale 282

Retail TouchPoints

NOVEMBER 17, 2023

In manufacturing, product substitution can be a valuable tool for optimizing inventory management. They also offer discounts, promotions, free shipping and other value-added services for substitute products to make them more appealing.

Customer Experience 264

Customer Experience Inventory Management Fulfillment Inventory Turnover 264

Retail Focus

MARCH 25, 2025

Grocery stores that promote organic or specialty foods frequently include budget lines to attract customers who can no longer afford premium items. 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

DECEMBER 12, 2023

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs? Barach guides development and customer deployment of antuit.ai

Markdowns 278

Markdowns Retailing Pricing Promotions Fulfillment 278

Retail TouchPoints

SEPTEMBER 22, 2022

Kramer expects this to be offset by more promotional activity, which he called “one of the more significant levers that retailers can pull.” He expects more consistent promotional activity across the season that’s based on careful surveillance of shopper behavior, as opposed to reliance on Black Friday and Cyber Monday doorbuster specials.

Promotions 246

Promotions Fulfillment Inventory Management Drop-Shipping 246

Inside Retail

FEBRUARY 2, 2024

The model gives suppliers more control over pricing and promotion. There’s no need to invest in extra staff, marketing or promotions. Essentially a form of dropshipping, this has helped Asos expand its range without the hassle of inventory management. This is why dropship marketplaces are becoming more attractive.

Fulfillment 246

Fulfillment Department Stores Wholesale Fast Fashion 246

Retail Minded

AUGUST 1, 2024

Regardless, the importance of inventory management remains the same. We will examine some of the latest technologies, such as barcoding, RFID, and inventory management software. Not only will this provide a seamless customer experience, but it will also make inventory management a lot easier.

Inventory Management 59

Inventory Management Management Markdowns Promotions 59

Retail TouchPoints

OCTOBER 14, 2021

That’s a key reason that the the holiday promotions cycle has kicked off earlier than ever before , with Amazon, Walmart and Target leading the charge. There’s another advantage to earlier-than-usual holiday promotions. Early Birds Get the Products. In a world where things were normal you could place POs [purchase orders] on Nov.

Marketing 299

Marketing Promotions Consumer Customer Experience 299