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E-payment & Data Security, Tech

How to Set Up a POS System: A Step by Step Guide to Getting Point of Sale Software Up and Running

July 2, 2024

Via: Lightspeed

As a retailer, your point of sale (POS) system is arguably the most important tool that you have. Your POS system makes ringing up sales possible, allowing you to complete the checkout process with ease. In many cases, your POS […]


News & Trends

From inspiration to purchase: High action holiday shoppers dial up spend on Pinterest

July 1, 2024

Via: Retail Dive

The calendar may say summer but retailers are already kicking off planning for the make-or-break holiday shopping season. For a brand, getting noticed in this noisy time is hard enough, but driving people to purchase is the ultimate challenge. When […]


News & Trends

In the Fight for Mutual Survival, DTC and Retailers are Frenemies

July 1, 2024

Via: Retail TouchPoints

Both DTC brands and traditional retailers have seen better days. Unsurprisingly, major retailers always have struggled to keep up with how, where and when Gen Z and young millennials buy things. But more recently, DTC brands are facing a similar […]


E-commerce, Retail Types

Consumers splurge on cosmetics online despite inflation: report

June 28, 2024

Via: Retail Dive

While the categories of electronics, apparel, furniture and groceries represent the largest portion of online sales at over 50% of overall spend, most consumers are buying less expensive products in those categories as a hedge against inflation. Cosmetics has been […]


Retail Types, Stores

How to Create Safer Retail Environments for Workers

June 27, 2024

Via: Retail TouchPoints

Retail workers are the backbone of a functioning economy – whether it’s serving food or providing customer support. However, these employees are in a position to face unique safety risks on a daily basis. From the physical strain of repetitive […]


E-commerce, Retail Types

TikTok Shop looks to woo small businesses with accelerators

June 26, 2024

Via: Retail Dive

The launch of TikTok’s small business accelerator initiatives follows the U.S. debut of TikTok Shop last September. The in-app e-commerce space allows merchants to connect with millions of users on the platform and create custom product collections on their business […]


Others, Tech

How Will GenAI Empower Target’s Retail Associates?

June 25, 2024

Via: RetailWire

Target announced plans to distribute a new GenAI-powered chatbot tool to all its associates across its nearly 2,000 U.S. stores by August to help with daily tasks, coaching, and customer assistance. Called Store Companion, the chatbot will become available as […]


Customer Experience, Point of Purchase

Monos opens second retail store as it plots US expansion

June 24, 2024

Via: Retail Dive

About a year after opening its first brick-and-mortar store, DTC luggage brand Monos is plotting greater expansion. “We are excited to weave ourselves into the dynamic tapestry of the Little Portugal community through our Ossington store,” Victor Tam, co-founder and […]


News & Trends

Under Armour Settles Accounting Practices Suit for $434 Million

June 24, 2024

Via: Retail TouchPoints

Under Armour will pay $434 million to members of a class action lawsuit who bought the company’s stock between Sept. 16, 2015 and Nov. 1, 2019. The lawsuit, filed in 2017, alleged that Founder and then-CEO Kevin Plank knowingly or […]


E-commerce, Retail Types

Online shoppers are shifting habits in the face of inflation

June 21, 2024

Via: Retail Dive

Forter and Talker Research’s report suggests that consumers are altering their shopping behavior in response to ongoing inflation woes. Food-at-home prices saw an annual rate bump of 1.2% in March. The Consumer Price Index’s latest report noted that food prices […]


Customer Engagement, Customer Experience

Amazon unveils cookieless ad-targeting solution

June 20, 2024

Via: Retail Dive

Cookie deprecation is still a work in progress, but Amazon is pushing ahead with its advances in creating an ad-targeting solution that does not rely on the types of third-party identifiers that have served as a bedrock for much of […]


Others, Tech

Target to roll out generative AI chatbot for store employees

June 20, 2024

Via: Retail Dive

Target’s in-house technology team developed the Store Companion chatbot in about six months by using frequently asked questions and process-related documents from stores across the U.S. “We know technology will continue to play an outsized role in the future of […]


Editorial

Embracing Phygital Retail To Meet Modern Shoppers’ Needs

June 20, 2024

Via: Mary Gamet

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 […]


Suppliers

7 Steps to Crafting Effective RFPs for Retail Logistics Services

June 19, 2024

Via: Retail TouchPoints

Four years after the pandemic roiled the retail industry and disrupted supply chains in previously unimaginable ways, retailers across the country are still recovering. Wild swings in consumer demand have made it difficult to determine appropriate inventories, and the costs […]


FMCG products, Retail Types

Can Fast-Food Drive-Thru AI Become Mainstream?

June 19, 2024

Via: RetailWire

McDonald’s is ending its AI-driven drive-thru ordering experiment with IBM by late July 2024. Despite the end of this partnership, McDonald’s believes AI voice ordering has potential for the future and will continue exploring new solutions for customers who prefer […]


E-payment & Data Security, Tech

Why Retail Brands Need to Collect Their Own Data

June 18, 2024

Via: Retail TouchPoints

As the regulatory landscape and practical applications of third-party data continue to shift, brands must adjust their investment and priorities to tactics that allow them to collect their own customer data. Not only will this help them strengthen their ability […]


Customer Engagement, Customer Experience

How retailers can fight theft without hurting customer experience

June 14, 2024

Via: Retail Dive

A familiar sight has emerged at retailers of all shapes and sizes. From big box stores to pharmacy chains, consumers are encountering shelves filled with household goods locked behind glass. Even seemingly innocuous goods, like deodorant or laundry detergent, can […]


FMCG products, Retail Types

Should Consumers Be Worried About All These Product Recalls?

June 13, 2024

Via: RetailWire

2024 headlines have so far been dominated by grocery product recalls. In March, Trader Joe’s recalled packages of cashews due to salmonella contamination fears. One month later, the popular retailer issued a similar recall for its basil products for the […]


News & Trends

Do retailers need active assailant insurance?

June 12, 2024

Via: Retail Dive

Retailers and malls are reckoning with the harsh reality that they have become what the Federal Bureau of Investigaton and U.S. Department of Homeland Security call “soft targets” for mass shootings, which bring death and devastation to the communities where […]


News & Trends

In Retail Real Estate, Smaller Spaces See Big Demand

June 12, 2024

Via: Retail TouchPoints

“Less is more” appears to be the new mantra for retailers and QSRs when it comes to square footage for their stores and restaurants. A report from commercial real estate company JLL revealed that in Q1 2024, more than two-thirds […]