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Paper Store POS Upgrade Untethers Associates, Boosts Productivity

Retail TouchPoints

But a legacy point-of-sale (POS) system that lacked any kind of mobile functionality tied too many associates to cash wrap workstations — a major source of inefficiency during ongoing labor shortages in retail. Previously, promo solutions had been siloed, with some in the legacy POS and others in a merchandising solution.

POS 264
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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. It’s also about identifying prime retail “real estate.”

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To Cloud Out or to Edge In? That is the Question.

Retail TouchPoints

The growth of edge computing in retail is undeniable, as more devices are connected in stores and more applications depend on the data they create. This creates both a major challenge and an opportunity for the retailer: how to optimize edge systems and the data they create, and how to use that as a competitive advantage.

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How Collars & Co. Used Multiple Data Sets to Optimize its First Physical Location

Retail TouchPoints

The company handles the day-to-day operations of the physical store, from staffing to POS, to help digital retailers dip their toes into physical stores with less hassle. Two Data Sets Together Determine the Perfect Store Location Leap worked with Collars & Co. The process took about a year, during which time Collars & Co.

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Monetizing Data Assets is the Lifeline Retailers Need to Restore Growth

Retail TouchPoints

While there are various assets retailers can monetize (including real estate and inventory), the most talked-about but under-tapped is data. This data monetization can be that lifeline retailers need right now. However, that strategy only covers one category within retail and only uses aggregated data.

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Shirtmaker and brand, UNTUCKit, unbuttons data to increase store conversions by +6.9%, partnering with RetailNext

365 Retail

Fast-growing brand, UNTUCKit , has partnered with RetailNext , the leading analytics solution for bricks-and-mortar retailers, to unlock in-store conversions, leveraging data and insights from its store estate to drive a +6.9% increase in conversions. The brand was also able to use the insights to benchmark store performance and KPIs.

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How to Design Your Retail Space With Security in Mind

Retail TouchPoints

Advancements in security technology have helped retail businesses across the world better protect their physical property, valuable products, data and information, and their employees. Use a video management system: Video analytics software gives you valuable data and insights into your footage.