Remove Customer Data Remove Department Stores Remove Management Remove Point of Sale
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Move Past Hype to Focus on Value with AI Implementations in the POS Space

Retail TouchPoints

In the point of sale (POS) space, three AI applications show particular promise: Headcount and Heat Mapping in Brick-and-Mortar Retail Insights from shopper behavior data are valuable – and financially impactful – to retailers.

POS 279
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Assortment Planning In Retail: How To Optimize Your Stocks For Your Store’s Profitability?

Korona

Barcodes, UPCs, and SKUs for Inventory Management. So, for example, department stores may opt for a broad (generalist) but shallow selection of clothing and fashion categories. Leverage data from your POS software for more informed decision making. Assortment planning is an essential part of inventory management.

POS 52
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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Total retail sales were up 11% year-over-year this June, a 10.4% Jewelry, lodging, and department stores saw the biggest yearly sales growth compared to the other sectors measured in Mastercard’s SpendingPulse Report. When it comes to large retailers and department stores, 58.2% Ecommerce sales rose 11.1%

eCommerce 197
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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

Retail sales as a whole still saw significant yearly growth on Black Friday according to data from Mastercard SpendingPulse. In-store sales were up nearly 43% over Black Friday 2020, with department stores up 86.4%. Total retail sales were up 11% year-over-year this June, a 10.4% sales growth.

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [July 2021]

ROI Revolution

Furniture & home sales grew 208% YoY, followed by sporting goods, hobby, and bookstore sales at 163%. Ecommerce sales rose 11.1% month-over-month in April while department stores saw 68.2% sales growth. More shoppers have also been using their smartphone to pay for products in-store for the first time.

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [June 2021]

ROI Revolution

More shoppers have also been using their smartphone to pay for products in-store for the first time. of smartphone users will use their mobile phone to pay for point-of-sale transactions this year, and that number will surpass 50% for the first time in 2025. 65% express the need for more frequent communication with customers.

eCommerce 158
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How Coronavirus (COVID-19) Is Impacting Ecommerce [October 2021]

ROI Revolution

Total retail sales were up 11% year-over-year this June, a 10.4% Jewelry, lodging, and department stores saw the biggest yearly sales growth compared to the other sectors measured in Mastercard’s SpendingPulse Report. When it comes to large retailers and department stores, 58.2% Ecommerce sales rose 11.1%