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How Inflation Is Affecting Retail Businesses?

Korona

in 2021 , the highest growth rate in over 20 years and well above the 3.7% consumers spent $1 trillion more on retail goods in 2021 than in 2020 and are spending at an even higher rate in 2022. percent between February 2021 and February 2022, the largest increase over a decade. . In fact, retail sales grew a record 14.1%

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IT Spending in Retail Industry on the Rise in 2022 (and Beyond)

Retalon

Retail IT hardware: Servers and infrastructure Employee devices (computers, laptops, phones, tablets) Store hardware (POS registers, scanners, printers, etc.) POS / customer engagement software Ecommerce platforms Data analytics and business intelligence software Order management software. Billion in 2021 according to Gartner.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

To provide additional insight for retailers who haven’t yet embraced BOPIS and even for those who have, we’ve prepared this guide where we will answer questions such as: What is BOPIS How does BOPIS work Why do today’s customers prefer this fulfillment option What benefits BOPIS offers retailers. What is BOPIS?

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The Complete BetterCommerce Review (Oct 2021)

Ecommerce Platforms

BetterCommerce provides users with features required for sales management, purchasing, merchandising, inventory, customer marketing and experience, operations, and logistics. Some of the features of the OMS function include: Multichannel Shipping Order and Inventory. Ecommerce goes beyond just selling and fulfilling online.

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2021 Technology Predictions for Retail Industry

iVend

Here are our predictions on the tech trends that will shape retail in 2021. Cloud-Based POS The hottest trend in POS technology currently is the cloud-based POS. Cloud-based POS systems process and store transaction data online while an on-premise POS system stores data locally on the retailers store server.

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What Does ‘Omnichannel’ Mean in 2021? How Marketplaces are Reshaping the Digital Landscape

Retail TouchPoints

That led to this huge move toward making sure that people could get their fulfillment story and their operation story in line, where historically they were running their operations and their Amazon business very separately from their dot.com business. RTP: What are the biggest challenges to creating an omnichannel operation?

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HOW DO YOU STEP-UP YOUR DIGITAL TRANSFORMATION & RECOVERY CHANCES IN THE POST COVID-19 AFTERMATH?

RETAIL MANAGEMENT SOFTWARE

According to McKinsey’s latest report, revenues for the global fashion industry (apparel and footwear sectors) will contract by 27 to 30 percent in 2020 year-on-year, although the industry could regain positive growth of 2 to 4 percent in 2021.