In an age where digital retail is often touted as the future, the resurgence of brick-and-mortar stores might appear counterintuitive to many observers. However, Monos, a direct-to-consumer (D2C) travel and luggage brand, has embraced an omnichannel retail strategy that has unexpectedly amplified
Max Retail, a platform specifically designed to assist independent retailers and brands in managing excess inventory, has successfully raised $15 million in a Series A funding round led by Nosara Capital, with additional participation from Rethink Impact, LA-based venture capital firm M13, The
Waitrose, a high-end UK supermarket, is piloting a new stock management technology aimed at boosting inventory availability and ultimately enhancing the customer experience. This initiative follows a period of challenges stemming from the implementation of a new ERP (Enterprise Resource Planning)
Century 21 NYC, a renowned name in off-price fashion retailing, has embarked on a significant technological transformation following its flagship store’s reopening in May 2023. By adopting Jesta I.S.'s cloud Merchandising ERP and Analytics system, the retailer aims to modernize its operations,
Apple's foray into the VR landscape has culminated in the launch of the Apple Vision Pro, a product that promises to redefine our interaction with digital environments. Launched in 2023, the first-generation VR headset boasts advanced features that make it a compelling option for those seeking
The retail industry is undergoing a remarkable transformation with the adoption of cutting-edge technologies like Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence (AI). These innovations are not just enhancing customer experiences but also optimizing operations and driving
The retail industry is no stranger to cybersecurity threats, and the recent data breach at Rite Aid underscores the complex and evolving nature of these challenges. As cybercriminals grow more sophisticated, even well-established companies must remain vigilant to safeguard customer data and
If a company has many picky customers, they may need to change how they reward salespeople or assign specific salespeople to those customers. Fussy shoppers have very specific preferences and notice flaws others wouldn’t. Alternatively, a company could let these consumers who have particular tastes
As the holiday season approaches, Amazon is taking proactive steps to ensure seamless deliveries and bolster customer satisfaction. The e-commerce giant's latest move is advancing its inventory submission deadline by one week, a part of a broader strategy to streamline operations and address
Retail fraud is an ongoing and evolving challenge that plagues the retail sector, leading to significant financial losses for businesses. With fraud activities becoming increasingly sophisticated, traditional detection methods are struggling to keep pace. The scarcity of labeled fraud data, the
