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Three Lessons Grocers can Learn from Specialty Retailers

Retail TouchPoints

Here are three lessons for grocers seeking to improve their in-store experiences: #1: Invest in People-First Experiences Many grocery stores built partnerships with digital food delivery companies to ensure their customers could get what they needed safely and time-efficiently.

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Continuing Omnichannel Success Post-Holiday Season

Retail TouchPoints

There are two key factors of the shopping experience that will help promote retailer success after the holidays. One key is to create one integrated view of all inventory, customers and transactions, and the other is to create a frictionless returns process. Analytics are absolutely critical for retailers post-holiday peak.

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It’s The Business Model Itself That’s Changing: Top Retail Trends

RTP blog

By Jonathan Marek, APT, a Mastercard company It is no secret that retailers are facing headwinds due to increasing online competition and shifting consumer preferences, among other factors. In response to online competition, brick-and-mortar retailers are ramping up their experiential merchandising strategies to drive traffic.

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How To Ship Alcohol: Some Tips For Shipping Alcoholic Beverages Across All The 50 States

Korona

In other words, if you are not a professional in the liquor industry, it’s not legal to ship alcohol to anyone. Mailing alcohol is legal in a few states and illegal in a handful of others. Specialty retail companies (like Total Wine or Wine.com) have increased their online sales by over 85%. Liquor Store POS. Theme Park.

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DXL Group Drives Transformation of its Digital Business with DynamicAction’s Retail Analytics Solution

Dynamic Action

(DXL), the leading retailer of men’s large and tall apparel, will roll out DynamicAction’s system to unify its data across the digital business and arrive at actionable insights faster. The DXL Men’s Apparel stores in Ontario are operated by DXL Canada, Inc., The Company also operates an e-commerce site at www.destinationxl.com.

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What Is Inventory in Retail – Everything You Need To Know As a Retail or SMB Owner

Korona

Enhance customers satisfaction. When your customers consistently get the products they want, they are more loyal to your store with fewer errors or stockouts. In other words, better inventory management promotes customer loyalty, which helps maintain or improve foot traffic to your store. . Save time .

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12 Critical Retail Industry Performance Metrics (2020)

Retalon

In reality there are many different retail verticals with their own unique considerations. Choosing the most important KPIs for a specific retail business will depend on your industry, merchandise, supply chain structure, selling channels and many other factors. Inventory Turnover Ratio Benchmark Example. times per quarter.

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