Over 25,000 resale, consignment, and not-for-profit resale shops in the U.S. make up a significant and unique segment of the retail industry. Thrift stores rely heavily on donated items, which sets them apart but also presents specific challenges in maintaining consistent inventory levels. The
Generative AI is revolutionizing numerous sectors, and retail is no exception. Its applications in this field range from refining the online shopping experience to personalizing products and much more, impacting both physical and online retail. This transformation aims to enhance customer
In a significant move to streamline operations and enhance supply chain relationships, Sugro has introduced new updates to its e-loyalty scheme, including compliance and pre-sale features for retailers and suppliers. The initiative aims to provide digital advantages and improve the overall
As we approach 2025, businesses must evolve their loyalty strategies to keep pace with the changing expectations and demands of their customers. Traditional loyalty programs that relied heavily on points and discounts are no longer sufficient to foster strong connections with today's savvy
Retailers are increasingly turning to advanced technologies like artificial intelligence and big data analytics to personalize customer experiences and enhance retention rates. By leveraging vast amounts of consumer data, companies can gain a deep understanding of shopper behavior, enabling them to
Metro is set to expand its Moi Rewards loyalty program to Ontario on October 24, following a successful introduction in Quebec and New Brunswick last year. This initiative is part of an increasing trend among retailers to leverage loyalty programs for customer retention and acquisition. According
