RETAIL MANAGEMENT SOFTWARE

JANUARY 16, 2024

As we step into 2024, the retail sector is undergoing significant transformations in technology, supply chain dynamics, and consumer behavior. In 2024, we can see the following trends are poised to reshape the retail landscape, providing insights to keep your business ahead of the curve.

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Retail TouchPoints

JANUARY 9, 2024

The chainwide rollout is expected to be completed in Q1 2024. The youth-oriented retailer chose the Nedap solution for its ability to help improve inventory accuracy and enhance omnichannel fulfillment capabilities, including increased usage of buy online, pick up in-store (BOPIS) functionality.

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Retail TouchPoints

JANUARY 3, 2024

Additionally, leveraging technology and data analytics can create a more intuitive and efficient process. Looking Forward: Shaping the Future of Retail Returns in 2024 As we head into 2024, it’s clear that retail isn’t just changing; it’s evolving at breakneck speed.

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Retail TouchPoints

DECEMBER 15, 2023

More practices will open through 2024, and all locations will be powered by Chewy’s custom-built open platform, which has helped the brand create a robust, customer-focused experience across all channels. Now, Chewy is embracing the “medtail movement” by opening its first veterinary practices under the brand name “Chewy Vet Care.”

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Retail TouchPoints

JANUARY 23, 2024

The positive vibe of the show was largely driven by retail executives’ obvious eagerness to explore which new technologies would help them maximize customer retention and business growth in 2024. And he believes we’ll see a similar focus in 2024. Coming in, I felt this was going to be a proving point for AI. Is it the real deal?

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Retail TouchPoints

MARCH 20, 2024

Technology to support the resale program is provided by Archive. As part of a trial program, customers can trade in their used Dr. Martens boots, shoes and bags at Abbot Kinney stores in Los Angeles and Portland, Ore., receiving a voucher for $20 off the price of a new item. According to ThredUp , the U.S. and $350 billion globally by 2027.

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Retail TouchPoints

JANUARY 9, 2024

How did you see that conversation shift in 2023, and where do you think it’s headed in 2024? Yikun Shao : There were a lot of reactive steps taken during the pandemic — from the rapid adoption of technology and ecommerce to diversifying supply chains — and I think companies are now realizing the benefits of those actions.

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Retail TouchPoints

FEBRUARY 2, 2024

As of January 2024, the Postal Service has opened 29 of these S&DCs. Deployment of the electric delivery trucks will start in Georgia and then expand to other locations across the country throughout 2024. The vehicles are designed to meet modern operational requirements, including air conditioning and advanced safety technology.

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RetailMinded

APRIL 2, 2024

CMP is tracking technologies and data processing activities. To illustrate the point, in 2024 retail e-commerce sales are calculated to exceed 6.3 Well, maybe you’re not dealing with any physical products, but in case you do, you need to be aware of key aspects such as inventory management, order fulfillment, and shipping logistics.

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Retail TouchPoints

FEBRUARY 27, 2024

billion in 2024. However, Boisson is differentiating itself by helping drive and fulfill consumer demand with a robust omnichannel strategy that creates a flywheel effect not just for the business, but for NA collectively. The format also supports more fulfillment-driven experiences. billion in revenue by 2028.

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Fabric

DECEMBER 15, 2023

In this blog post, we’ve compiled a list of key takeaways from this insightful discussion, focusing on how retailers can navigate the instant gratification economy, deliver true omnichannel experiences, and leverage innovative solutions like real-time inventory, order management and fulfillment, and dropshipping. 5 Key Takeaways 1.

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Pivotree Blog

JANUARY 11, 2024

Experts in digital commerce, supply chain and data management demonstrate their award-winning technologies, paving the way for retail success in 2024 TORONTO–(BUSINESS WIRE)– Pivotree Inc.

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Retail TouchPoints

JANUARY 8, 2024

Why Retailers must Prioritize Loss Prevention in 2024 There’s no doubt that loss prevention will be a major priority for retailers of all sectors in 2024. As a result, retailers must ensure their 2024 loss prevention plans incorporate an omnichannel approach that considers all avenues for loss.

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Retail TouchPoints

MARCH 25, 2024

“As Lowe’s continues its omnichannel journey, expanding same-day delivery options helps us meet our customers where they are,” said Neelima Sharma, SVP, Digital Commerce and Technology at Lowe’s in a statement. Lowe’s launched a new loyalty program for DIYers, MyLowe’s Rewards , in January 2024.

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Retail TouchPoints

FEBRUARY 2, 2024

Both announcements highlighted the transformative potential of gen AI, with Amazon planning to lean heavily into the technology in the coming year. The executives were careful to note, however, that “it’s still early days for generative AI, and the technology won’t always get it exactly right.

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Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty.

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RetailMinded

APRIL 5, 2024

In this article, we will dive deeper into learning more about the future of retail, and how transaction monitoring is leveraged and integrated into new technologies. All financial institutions need to collect and process this data for fulfilling their AML obligations. Billion by 2028.

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Retail TouchPoints

APRIL 30, 2024

The retail technology revolution has brought forth many new innovations such as palm scanning and AI chatbots over the last few years, all of which have sought to meet the same goal: improving the customer experience. consumers ages 15-69 anticipate going to a show in 2024, a jump from the 36% who attended one in 2023.

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Retail TouchPoints

JULY 21, 2020

At the store level, the funds will go toward: Renovations to nearly one-third of its locations; Expansion of curbside pickup ; Piloting “micro fulfillment centers” within supercenters to speed up fulfillment of pickup and delivery orders ; and Deploying digitization, robotics and Internet of Things (IoT) technologies to make stores smarter.

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Retail TouchPoints

JULY 11, 2023

In 2024, retail sales worldwide are expected to reach $30.6 Do they have the technology infrastructure and product development process to keep pace? trillion, a 4.3% increase over 2023 and the first time global retail sales are expected to surpass the $30 trillion mark.

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Retail TouchPoints

APRIL 19, 2023

Weston will be relinquishing the President title in Q1 2024 when Per Bank joins Loblaw as President and CEO. These capital investments will include 38 new and/or relocated stores and conversions or renovations to nearly 600 more. Weston, President and Chairman of Loblaw in a statement.

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Retail TouchPoints

NOVEMBER 29, 2023

And in 2024, the Department of Commerce will convene public and private stakeholders for a Supply Chain Data and Analytics Summit. ports, and in 2024, DHS will collaborate with other federal agencies and foreign governments to facilitate at least two tabletop exercises designed to test the resilience of critical cross-border supply chains.

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Retail TouchPoints

MAY 27, 2024

Key findings and surprises from Bizrate Insights’ January 2024 survey of 900 online shoppers provide a framework to view what is most important to the demanding online shopper. Starting in 1993, as president of the e-tailing group, she delivered thought leadership and go-to-market strategies for technology platforms and point solutions.

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Retail TouchPoints

AUGUST 3, 2023

AEO) Chief Operations Officer Michael Rempell has announced he will step down from his role, effective early in the company’s fiscal 2024 in May. Photo credit: AEO, Inc. American Eagle Outfitters, Inc.

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Retail TouchPoints

MAY 14, 2024

Canada, meanwhile, kicked off 2024 by enacting its own supply chain law, aligning the country with the growing global commitment to eradicating modern slavery and promoting social sustainability. This requires a shift from traditional supply chain practices to a more transparent, multi-tier approach.

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Retalon

MAY 17, 2024

Navigating through today’s industry needs, businesses face increasing challenges due to fluctuating market dynamics, evolving consumer behaviors, and technological advancements. Order-Fullfilment: Knowing the consumer demand enables retailers to anticipate fulfillment needs.

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365 Retail

APRIL 30, 2024

Sustainability initiatives, dynamic digital fixtures, and other technological advances are central to the design, enhancing the customer journey. In 2024, Foot Locker plans to open additional locations featuring the new concept, including the flagship store on 34th Street in New York City.

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Groove

SEPTEMBER 5, 2023

It was a period of rapid industrialization, fueled by advancements in technology and automation. Concerns and Benefits of Automation As with any significant technological advancement, the introduction of automation brought about concerns and fears. AI and machine learning are poised to revolutionize the eCommerce industry further.

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Retail TouchPoints

APRIL 12, 2021

Analysis from Gartner foresees that by 2024, 65% of all applications will be created using low-code platforms. With the popularity of low-code development increasing month by month, the prevalence of low-code platforms has grown apace to fulfill this need. The Low-Code Shortcut for Retailers. Low-Code Development Advantages.

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Retail TouchPoints

APRIL 12, 2023

In fact, results from Retail TouchPoints’ latest Store Design & Experience Survey revealed that 58% of respondents plan to remodel and/or renovate a minimum of 11% of their store footprint through 2024. Through its proprietary platform, Leap helps brands launch and operate “insights-driven retail stores.”

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Retail TouchPoints

SEPTEMBER 22, 2021

Estimated at $7 billion in 2019, according to Statista , the market is expected to grow to $36 billion by 2024. The announcement comes following reports of an exploding secondhand market. The $70 million distribution facility is expected to be up and running by Q2 2022. million items across its network.

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Retail TouchPoints

MARCH 14, 2024

and one of the most consequential has been the dispersion of individuals away from major city centers enabled by advances in remote work technologies and changing philosophies. Many of the same brands have returned for the second ACCESS Pop-Up — which opened on March 8, 2024 in Sarasota, Fla. and then to Greenville, S.C.

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Fabric Blog

APRIL 17, 2024

fabric’s Order Fulfillment Logic automates distributed order management for omnichannel retailers Our next-generation real-time order fulfillment logic is now generally available in fabric OMS. It helps minimize fulfillment lead times and maximize customer satisfaction with minimal effort. What does that mean for retailers?

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Retail TouchPoints

JANUARY 22, 2021

Part of the redesign of the store is all about finding the right balance of consumer pickup locations where inventory exists, where we store it and where and how fulfillment happens. ”. Retailers and Suppliers Will Deepen Relationships to Build Shopper Loyalty.

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365 Retail

OCTOBER 5, 2023

Global fulfilment platform Huboo has expanded its product range by investing in a raft of new services following a significant year of financial, client and commercial growth. Huboo is on track to help facilitate at least £320m of business in 2023 alone.

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Retail TouchPoints

APRIL 23, 2021

Therefore, running a retail business in America requires a lot of effort and efficient technology for operation management. This is only possible if technology like workflow automation software is in place. billion by 2024. In the United States, there are approximately 3.8 Removing the Automation Stigma in Retail.

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Fabric Blog

MAY 7, 2024

It tracks all the information and processes, including order entry, inventory management, fulfillment, and after-sales service.” Gartner defines DOM as software used to “orchestrate the fulfillment of customer orders placed through a retailer’s online channel.” This should also include in-store fulfillment applications.

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