While subscriptions offer a new and unique way to connect with consumers and move merchandise, the key principles are the same as those of traditional retail: the customer remains in the driver’s seat, retail inventory management remains critical and brands need the right technology in place in order to keep up.
Fashion and Outdoor retailer and manufacturer, Cape Union Mart International Pty Ltd, Inc. has selected Oracle to modernize its retail operations. With Oracle, Cape Union Mart will have better inventory visibility and more sophisticated merchandise assortments that keep shoppers coming back for more.
Myer, Australia’s largest department store chain, embarked on a digital transformation to deliver more compelling products to customers. By embracing Oracle Retail, Myer transformed its end-to-end merchandise systems, inventory processes, and planning capabilities, resulting in reduced stock and improved sales, margin, and markdown reduction.
Read about the genres of subscription-based models to understand how Oracle Retail's merchandising and inventory technology is supporting them, and what this looks like in the wider context of the retail industry.
Makro, a grocery wholesaler, is remaking themselves as a B2C grocer. Using Oracle Retail, Makro will be able to smoothly adjust to the transition and control inventory, standardize operations, and improve in-store experiences.
As Kendra Scott experiences significant growth year-over-year, the retailer needed a way to better manage its inventory and customers to offer the same level of stellar experience it was built upon. Using Oracle Retail Services, the retailer is delivering on this promise by putting real-time insights into the hands of its associates.
As we move beyond omnichannel, it’s no longer a matter of delivery or buy online, pick up in-store (BOPIS)—from subscriptions to quick-turn delivery and services. See what new models and formats modern retailers are trying out to entice customers, provide convenience and accomplish their goals.