Retailer tips on the top six strategies for driving maximum traffic over the holidays: 1) Highlighting promotions 2) Getting websites ready for increased traffic 3) Offering BOPIS 4) Building up mobile capabilities 5) Preparing for returns 6) Creating an in-store experience
Virtual warehouse allocation is solved using Oracle Retail Science's Offer Optimization. See how one retailer realized a 3% average revenue improvement on 88% of its products and a 33% improvement on 2% of its products, with the help of machine learning in retail.
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.
Retailers should leverage technology to make back-to-school shopping stress-free. A few solutions are Oracle Retail Demand Forecasting, Oracle Retail Assortment and Item Planning Cloud Service, Oracle Retail Innovation Workbench and Oracle Retail Science Cloud Services.
A substantial portion of holiday-season purchases will be returned and many of these, including those purchased through a digital or online channel, go directly back to brick-and-mortar stores where the customer is expecting a frictionless return process. What does this mean for retailers in terms of inventory management, revenue and profitability?
Members from Stein Mart’s Planning, Merchandising, and IT teams share insight into their Oracle Retail Merchandise Financial Planning (MFP) solution upgrade and why it was time for them to move to the cloud.