Retail TouchPoints

OCTOBER 2, 2024

These stores must expand their product assortment, improve inventory management and optimize supply chain operations almost overnight. The Future of Convenience Retail To support this transition, there is a growing need for software solutions that streamline supply chain operations, inventory management and forecasting.

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Retail TouchPoints

OCTOBER 19, 2023

The promoted executives include: Bob Walker, who joined David’s Bridal in 2019 as Chief Retail Officer, has been promoted to COO.

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Retail TouchPoints

OCTOBER 23, 2024

RFID uses electromagnetic fields to automatically identify and track tags attached to objects, offering retailers precise control over inventory and enabling real-time data analytics to enhance operational efficiency. RFID can enable personalized product recommendations and a more seamless in-store experience. For customers.

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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.

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Retail TouchPoints

MAY 21, 2024

The results would be a noticeable increase in kitchenware sales, improved customer satisfaction due to reduced wait times and more evenly distributed foot traffic throughout the store. Integrating network analytics with existing inventory management systems brings about a synergy that enhances accuracy and responsiveness.

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Retail TouchPoints

OCTOBER 27, 2022

enter new geographies and develop its store and inventory management software application suite, StoreOS. Trigo’s solution is designed to help supermarkets create a “digital twin” of the store using feeds from ceiling-mounted cameras and shelf sensors.

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Retail TouchPoints

JUNE 3, 2024

Dollar General has “prioritized increasing the employee presence at the front end of our stores to provide a friendly, welcome and elevated level of engagement to our customers, while also facilitating a positive checkout experience,” he noted. “We

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Retail TouchPoints

AUGUST 5, 2024

In fact, the 2023 Retail TouchPoints Store Operations Survey found that among the 82% of respondents who have armed associates with mobile devices, 59% saw improved employee productivity while 50% saw improved cross-sells and upsells. “For The retailer also has tapped Jumpmind’s Promote application for managing deals and promotions.

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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. 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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Retail TouchPoints

DECEMBER 5, 2022

“Despite the transitory cost headwinds that continue to pressure our bottom line, our transformation work is driving improved results versus the pre-pandemic period as we make progress against our product, inventory management, supply chain and IT systems and infrastructure initiatives.”.

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Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

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Retail TouchPoints

JANUARY 13, 2023

Lululemon is in the process of rolling out a cloud-based RFID inventory management solution to its 600+ stores globally that will help the retailer optimize its in-store product assortments.

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Retail TouchPoints

SEPTEMBER 16, 2024

“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.”

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Retail TouchPoints

APRIL 25, 2024

Even though many shopping malls have been going through an “identity crisis,” Simon has been working to enhance the customer experience at its centers, using Dropit to offer omnichannel inventory management and fulfillment capabilities in September 2023 and equipping “helper elves” with ChatGPT 4.0-powered

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Retail TouchPoints

SEPTEMBER 14, 2023

The youth fashion and lifestyle brand is tapping Cart.com ’s logistics expertise and order and inventory management capabilities to support all its U.S. fulfillment operations. Like many retailers, Pacsun is focusing on efficiency — and that means getting products to customers as quickly and easily as possible.

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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.”.

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Retail TouchPoints

SEPTEMBER 16, 2022

In contrast Liverpool’s shares rose 10% since the start of the year, and it posted double-digit revenue growth for Q2 2022 due to good inventory management and a better mix of products. Higher gas and grocery prices also have taken their toll on Nordstrom’s share price, which has fallen 19% since the start on 2022.

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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

AUGUST 11, 2020

In the retrofitted stores, Standard Cognition will integrate its technology with existing Circle K systems and work with the retailer’s current store layout, fixtures and lighting, as well as existing inventory management and replenishment processes.

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Retail TouchPoints

FEBRUARY 23, 2023

In addition, we continued to be disciplined in our expense and inventory management.” “Our customer base responded well to our holiday season, in part powered by our loyalty program, which now exceeds 33 million members.

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Retail TouchPoints

SEPTEMBER 13, 2024

Today’s shoppers don’t only browse and purchase online, but they also shop — and pick up ecommerce orders — in stores. Beyond the visible in-store hardware, there are several advanced software capabilities that contribute to these enhancements, such as business analytics, sales and demand forecasting and supply chain and inventory management.

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Retail TouchPoints

NOVEMBER 20, 2023

This approach to in-store product placement allows employees to easily monitor popular items and acknowledge customers in areas where they are displayed. Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management.

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Retail TouchPoints

MARCH 16, 2023

Other companies implementing similar technology include: Sam’s Club , which rolled out automated floor-scrubbing and shelf-scanning robots to its stores over the course of 2022 through a partnership with Brain Corp and Tennant Company; Kum & Go , which is in the process of introducing ICE Cobotics’ Cobi 18 floor-cleaning robotics across its locations, (..)

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Retail TouchPoints

JULY 29, 2020

After investigating multiple solutions over a period of months, Burton selected the NewStore Omnichannel Platform, which provides mobile POS through iPhone apps and gives personnel on the retail floor visibility into customer, product and inventory data. That’s why we feel we’re in a really great position right now.

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Retail TouchPoints

JULY 17, 2023

Inventory management. With innovative inventory tools, retailers can always be sure the necessary goods are in stock in a particular store. Customers use the transmitted data to ensure their goods are safely transported and the delivery complies with healthcare industry regulations.

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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.

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Retail TouchPoints

FEBRUARY 25, 2022

“By improving inventory management through RFID technology, both retailers and suppliers can aim for increased sales due to a more accurate supply chain,” said Michael Brown, President of Pax Tag & Label. .” For those acquiring RFID products, FineLine says it will offer 48-hour turnaround times on RFID products.

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Retail TouchPoints

JANUARY 11, 2024

That includes POS systems that can manage both merchandise and menu items, as well as inventory management software that once only had to track the latest fashion trends and are now being used to ensure fresh ingredients are in stock for the lunch rush.

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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. For example, grocery retailers have made infrastructure changes in their warehouses and microfulfillment centers by upgrading network connectivity in these facilities.

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Retail TouchPoints

AUGUST 29, 2024

Simply put, the costs of readers have come down substantially, and the benefits for stores are even larger than before. Most retailers are now rolling out RFID inventory management use cases like receiving, adjustments and cycle counting via handheld reader. Let’s start with the costs.

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Retail TouchPoints

JULY 15, 2022

Over a four-week period, Build-A-Bear turned its store locations into micro-fulfillment centers so it could maintain store operations, keep associates working and create a bright spot for consumers navigating uncertainty and stress.

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Retail TouchPoints

NOVEMBER 4, 2024

For instance, mobile apps that help seasonal businesses with bookings, calendar organization, staffing and inventory management can help them efficiently scale and grow beyond being seasonal ventures. Lastly, businesses should work to embrace technology.

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Retail TouchPoints

AUGUST 4, 2023

Features such as inventory management and the ability to track sales allow operators to keep track of which items sell better than others. The inventory management features also help operators track any theft. Understanding what customers want helps improve their overall experience.

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Retail Next

OCTOBER 3, 2019

Whatever the size of your retail business, inventory management is crucial to controlling your supply chain. Whatever systems you have in place to manage your inventory and minimize loss, it is always a good idea to be thinking about how you can improve upon them. Primary among them is inventory management software.

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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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Retail Pro

NOVEMBER 24, 2021

The struggle is real for customers hoping to take some of the legwork out of shopping by researching products online before heading to a store – only to make the drive and discover the product they decided on isn’t available, … Continue reading → The post 6 Ways to connect your physical and digital store operations for better omnichannel (..)

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Retail TouchPoints

FEBRUARY 11, 2021

The technology refresh is being accompanied by a $250 million investment in the 450 of its stores that generate 60% of the company’s revenue.

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