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Is it time we started talking about the cost-of-business crisis?

Inside Retail

With an increase in energy and fuel costs driving a surge in production and delivery costs, retail businesses are starting to feel pressure from all angles. For many businesses, retailers included, labour costs can amount to almost half of a business’s expenditure. appeared first on Inside Retail.

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Why Amazon’s New “Just Walk Out” Supermarkets Will Change Everything. Forever

Retail Focus

And Amazon now offers other retailers this same ability. One could write a thesis on this and its long-term implications on retail properties alone. Let’s consider first the effects of Just Walk Out on retail environments: No checkouts equals 8-12% floor space saved. Forever appeared first on Retail Focus - Retail Design.

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R.M. Williams’ major digital investment to drive global expansion

Inside Retail

Iconic Australian bootmaker R.M.Williams is making its biggest ever capital investment in digital to provide customers with more choice and convenience while shopping, according to chief technology officer Nathan Alexander. “We’re Williams’ major digital investment to drive global expansion appeared first on Inside Retail.

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How We’ll Shop in 2021: Key Trends and Consumer Habits

RetailMinded

For example, There was a huge shift to online shopping since the start of the crisis, with 53% of consumers now buying more things online than normal, and many retailers found themselves unable to adapt to the new consumer demands without the correct infrastructure in place. . Why is this report a must read for retailers? .

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Why Australian retailers are adopting RFID to boost sales and profits

Inside Retail

RFID is the retail sector’s new secret weapon, helping retailers to grow sales, cut labour costs, reduce loss and grow their profit margins, by undertaking instant on-demand stocktakes and reinforcing product security. They enable accurate inventory levels by location and improved management of a retailer’s inventory.

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Mastering Retail Inventory Management: The Keys to Success

Parcel Pending

Inventory management has never been more crucial as retailers adjust to post-pandemic normalcy. Amid recent supply chain challenges and the hovering threat of inflation, the delicate dance between inventory and sales is essential to retailers’ ability to forecast and preserve their own bottom lines.

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Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

Stockouts almost always make it to the “worst nightmare” lists of retailers, and for good reason. Between shipment variances, misplaced products, returns, and stolen goods, retailers find that the inventory numbers they have on paper (or on screen) often don’t match what they have in their stores. Inaccurate data. Learn More.

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