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

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 313

Consumer Inventory Management Management Boutique 313

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. Automation Increases Warehouse Productivity and Accuracy.

Management 274

Management Fulfillment Drop-Shipping Employee Engagement 274

Retail TouchPoints

JUNE 13, 2023

As Houle sets his sights on future growth and innovation, he shares an exclusive look into his priorities and perspectives on the changing retail landscape. Agility in a dynamic market: Another key challenge is ensuring agility in our technology strategy. We need to be ready to adapt quickly and pivot our strategy as necessary.

Customer Experience 284

Customer Experience Inventory Management Marketing Consumer 284

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 162

Inventory Management Apparel Fashion Specialty Store 162

Inside Retail

FEBRUARY 17, 2025

Japanese retailer Uniqlo is investing heavily in radio-frequency identification (RFID) technology to accelerate supply chain efficiencies, with an ambition to embed RFID into its global product range, facilitating improved inventory management and the customer self-checkout experience. So, our take?

Payment Services 130

Payment Services Social Commerce Department Stores Consumer 130

Retail TouchPoints

JANUARY 25, 2022

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. Katz received her MBA in Marketing from Fordham University School of Business and a BA in Communications from the University of Michigan.

Management 261

Management Marketing Customer Experience Inventory Management 261

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

Inside Retail

MARCH 21, 2024

Last year, retailers were forced to focus on finding ways to mitigate the impact of the cost-of-living crisis on shoppers. Choco Up commissioned this report because we believe it is paramount that leaders of e-commerce businesses who are seeking sustained success understand the diverse shopper personas in today’s retail market.”

Consumer 130

Consumer Dead-Stock Finance Inventory Management 130

I Vend

MAY 8, 2024

The US’ largest wine retailer makes 20% of their sales online, compared to 2% before the pandemic. So opportunity is abundant in the liquor retail market, for those retailers who can harness it. Inventory management – Managing inventory in wine and liquor retail can prove to be a big headache.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

Rain Pros

AUGUST 17, 2023

Importance of Marketing Tools in Retail Chances are your retail business provides the same or similar products as other businesses in your local area and on the internet. 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

Importance of Marketing Tools in Retail Chances are your retail business provides the same or similar products as other businesses in your local area and on the internet. 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

365 Retail

FEBRUARY 17, 2025

The company’s stock performance serves as a bellwether for the broader retail market. Amazons expansions into grocery (through Whole Foods), cloud services (AWS), and logistics have forced traditional retailers to adapt, impacting their stock indicators.

Inventory Turnover 52

Inventory Turnover Inventory Management Retail Trends Consumer 52

Retail TouchPoints

OCTOBER 14, 2021

“[Marketers that have thrived during the pandemic] know their old beliefs about customer preferences — and by extension, how they connect with their customers — are less relevant. They] are committed to making a wholesale shift to adapt everything they do — insight, data, engagement, responsiveness.”.

Marketing 293

Marketing Promotions Consumer Customer Experience 293

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

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

Retail Bound

APRIL 13, 2024

Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in. Strategic Considerations: Inventory management becomes paramount. The supplier then ships the product straight to the customer.

Drop-Shipping 98

Drop-Shipping Shipping Merchant Services Payment Services 98

Storis

MAY 23, 2024

This approach aligns inventory acquisition directly with demand, significantly improving cash flow by reducing unnecessary stock levels and associated holding costs. Together, these strategies streamline inventory management and strengthen financial health through improved efficiency and adaptability in operations.

Inventory Turnover 52

Inventory Turnover Payment Services Dead-Stock Inventory Management 52

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. Inventory management and customized customer information will also benefit from these data-driven solutions.

Retail Trends 111

Retail Trends Consumer Payment Services Fulfillment 111

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. Recognizing potential threats. Creating a brand positioning strategy, etc.

Point of Sale 88

Point of Sale Inventory Management Target Market Customer Experience 88

Inside Retail

OCTOBER 11, 2023

Bypassing intermediaries means brands control the trade margins through sales, marketing and inventory management. This can be highly beneficial for smaller or upcoming brands that may struggle to secure contracts with major retailers, or may only be able to do so at a disadvantaged position.

Dead-Stock 130

Dead-Stock Consumer Kiosk Marketing 130

Mass Relators

JULY 15, 2024

online retail sales will reach $1.2 trillion in 2024, up nearly 10% from last year, according to FTI Consulting’s 2024 Online Retail Report. 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%

Home Furnishings 52

Home Furnishings Sporting Goods Inventory Management Returns 52

Retail Next

FEBRUARY 18, 2020

For instance, when you have multiple new products to sell, you might need a more advanced inventory management tool where you can keep track of your assets and make sure you never run out of stock during peak periods. Watching the market will help you make more data-driven decisions for the future of your company.

Inventory Management 92

Inventory Management Marketing Management Fashion 92

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

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

365 Retail

SEPTEMBER 16, 2024

Retailers should review their financial status, including income, expenses, and cash flow, and focus on identifying the areas that significantly impact the business’s overall performance. For many retailers, inventory management, staffing, and marketing are key areas that require careful planning.

Payment Services 52

Payment Services Planning Inventory Management Management 52

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

APRIL 22, 2024

So it’s essential that electronics retailers get to engage with customers as they’re browsing, or they’ll have frustrated shoppers heading out of the doors. Warranty Management Returns – many consumer electronics products come with a warranty, managed by the retailer, so the store needs an efficient repair/replace returns process.

Thrift Store 52

Thrift Store Point of Sale Inventory Management Management 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. Personalization emerges as a key player in this narrative.

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 Analysis. Market Introduction.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

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

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

I Vend

NOVEMBER 10, 2021

As McKinsey puts it: ‘The retailers who succeeded are those that catered to changing market demands and those with strong digital footprints’. Hardware retail stores can no longer rely on brick and mortar shopping. But neither is it is a segment of the retail market that has gone (or is likely to go) completely online.

Customer Experience 52

Customer Experience Inventory Management Fulfillment Marketing 52

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. inventory management, sales tracking, CRM).

Inventory Management 52

Inventory Management Customer Experience Management Fulfillment 52

Shopper Motion

DECEMBER 19, 2022

Overall, retailers can optimize in-store promotions and marketing efforts, ensuring that they are more effective and targeted. Enhanced inventory management. Find the most popular products and where they are being sold to optimize inventory levels and ensure that popular products are always in stock. Conclusion.

Store Layout 52

Store Layout Inventory Management Promotions Target Market 52