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Kohl’s Taps Tuesday Morning CEO as New Director of Stores

Retail TouchPoints

Fred Hand, who has deep experience with discount and department store brands, is now overseeing the retailer’s 1,100+ stores, store operations and experience, loss prevention and store experience and design functions. Kohl’s has hired a new Senior EVP and Director of Stores to help improve brick-and-mortar sales and productivity.

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Three Design Tips for Fighting Shrink

Retail TouchPoints

That means asking questions like: What more can be done to deter theft using store layout, customer flow, shelf height, mirrors, lighting and the placement of gondolas, merchandise and security cameras? How can we better integrate the latest anti-theft technologies and loss-prevention research into our store designs from the outset?

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Computer Vision-Enabled App Helps Home Depot Improve On-Shelf Availability

Retail TouchPoints

Home Depot is on the leading edge with this type of tech usage: the 2023 Retail TouchPoints Store Operations Benchmark Survey revealed that just 28% of retailer respondents’ associates use mobile devices to audit visual merchandising and displays.

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6 Trends Driving Store Design Innovation in 2024

Retail TouchPoints

Although the creative aspect is especially important, designers and visual merchandising teams need to work closely with their colleagues in marketing, IT and business strategy to ensure all decisions align with the bigger picture. AI-enhanced video surveillance also will enable retailers to battle this dilemma.

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5 Key Business Challenges Behind Your Merchandising Strategy

Wiser

The promoting and selling strategies that retailers use to increase sales, boost profits, draw in new customers, improve customer experiences, and shape brand image are all part of merchandising. Often, merchandising includes things like creating a pricing strategy, display design and layout, loss prevention, and store upkeep.

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Former Neiman Marcus CFO Joins Tailored Brands

VMS

Richardson will serve on the Executive Committee and have responsibility for all aspects of the finance organization, including enterprise analytics, strategy, real estate, risk management and loss prevention. The post Former Neiman Marcus CFO Joins Tailored Brands appeared first on Visual Merchandising and Store Design.

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Ecommerce vs. Retail Packaging: A Tale of Two Boxes

Retail TouchPoints

Packaging can also contribute to loss prevention strategies by incorporating security seals or tamper-evident features. Material Considerations The selection of materials for retail packaging is crucial, balancing visual appeal and functionality.