They didn’t know how many customers wanted to store and redeem digital coupons from their mobile phones. Then Thrive Commerce, a technology company Shoe Carnival had been working with to develop proprietary coupons on its website, suggested trying a system that would allow customers to receive, open, store and redeem coupons on iPhones. From Stores
Much has been said about its ability to track inventory, but the implications of RFID go far beyond attaching a chip to a sweater to track its movement through the supply chain. The technology can positively impact everything from sales and online cart abandonment to pricing and in-store customer service. And when combined with omnichannel technologies and capabilities, RFID has the potential to revolutionize the entire retail industry. From Stores
Aspecialty retailer based on Lthe West Coast has become the first retailer to sign on to what is described as a major technological advancement in loss prevention: a unique centralized retail risk forecasting and management platform that can help companies make better business decisions while minimizing shrink and maximizing sales and customer satisfaction rates. From Stores
Amazon, Walmart, Kohl’s: each has had an ongoing hold on one of the top three spots in Prosper Insights & Analytics’ annual survey of favorite ecommerce retailers for the past couple of years. From Stores
Based out of Nashville, LifeWay is a multichannel retailer with a chain of 174 specialty stores and an ecommerce website. It is a division of LifeWay Christian Resources, one of the largest providers of religious resources in the world including books, music, digital services and other products. From Stores
Accountants classify losses from theft Lrather euphemistically as part of “inventory shrinkage.” But everyone knows what that usually refers to: lost revenue due to theft. From Stores
How Giant Eagle’s technology experiments reduce losses from out-of-stocks. From Stores
There’s an old Italian saying: “Mangia clie ti passa!” Loosely translated, it means: “Eat and you’ll feel better!” Italians tend to have a lot of sayings that revolve around food and dining. But this philosophy has clearly been at the heart of Fazoli’s success in the hyper-competitive restaurant business where making patrons feel good about the food — as well as their surroundings — is crucial. From Stores
Picture yourself in your favorite store. As you peruse the racks and shelves, your head is moving with the music; you’re feeling connected. From Stores
Sustainability-conscious age group prioritizes convenience and ‘digital discovery’ but enjoys in-store experiences. From Store Brands
The right packaging — with on-trend materials, functional features and compelling design elements — can help retailers attract attention to premium private brand non-food products. From Store Brands
The deep-discount retailer, with its emphasis on high-quality private brands, low prices and convenience could change the grocery landscape for many years to come. From Store Brands