Remove articles tags RFID
article thumbnail

IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 billion in 2022 and is expected to grow at a CAGR of 28.4%

article thumbnail

Nordstrom Issues Supplier Mandate for RFID Tagging

Retail TouchPoints

Nordstrom has joined other retailers in mandating the application of RFID tags to the products it sells in its stores. The company’s directive to its suppliers includes RFID ticketed products for all of its channels, including Nordstrom, Nordstrom CA, Nordstrom Rack and Nordstrom Rack CA.

EDI 300
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

The past few years have been a rollercoaster ride for the retail industry. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry.

article thumbnail

RFID Retail Benefits: A Guide For 2023

Korona

All types of retail businesses can benefit from technological advancements. One area of focus has emerged as many retailers move to a more omni-channel model. Such a move requires that they look for ways to streamline and integrate all of their operations. That’s where RFID retail comes in.

article thumbnail

ShopTalk 2018: Retail’s Renaissance

OrderDynamics

50% from brands and retailers. Startup Thinking at ShopTalk 2018 Big Retail. Yet in both cases, the retailers have worked to bring outside innovators into the firms to help continually evolve, adapt, and get the culture to think like innovators. As such retail needs to adapt to these buyer norms. Disruption in Europe .

article thumbnail

What Is Inventory Valuation In a Retail Business? Why It Matters

Korona

Inventory is the heart and soul of any retail store. And as a retail manager or owner, having an accurate picture of inventory valuation is paramount to planning your purchasing decisions and avoiding situations such as dead stock or excess inventory. What Is the importance of inventory valuation in retail? Table of contents.

POS 52
article thumbnail

What Is Inventory Valuation In a Retail Business? Importance, Strategies, And Examples

Korona

Inventory is the heart and soul of any retail store. And as a retail manager or owner, having an accurate picture of inventory valuation is paramount to planning your purchasing decisions and avoiding situations such as dead stock or excess inventory. What Is the importance of inventory valuation in retail? Table of contents.

POS 52