The current health situation has unraveled business processes and societal norms alike, leaving retail—an inherently social industry built on the exchange of physical goods—in a state of flux. Learn the three key strategies retailers must now embrace to lead in a time of change.
Oracle Retail launches a webcast series featuring the latest innovations, customer stories, and recommendations to help retailers navigate the New Next. Register today to join the retail community as we navigate these unprecedented times together.
Expand your knowledge on all things Oracle Retail through digital courses available anytime, anywhere. Now is the time to unlock the potential of your Oracle products through detailed training and demos on a specific technology.
While the path ahead is unknown, it is the continuous reinvention of the landscape and how brands adapt and evolve that will define the next era of retail. These strategies can help retailers plot a steady course and find their way through uncharted territories.
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.