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.
Spend time with Oracle Retail next week at NRF 2020 to see how to successfully pivot to customer on the platform for modern retail and see retail customers showcased in the booth.See innovations to acquire new customers at a lower cost, convert more store traffic with mobile and execute optimal inventory placement.
This private brand report examines the state of the industry in North America and provides retail leaders with tangible takeaways for navigating the risks and rewards of private brands in the modern retail ecosystem.
As seen in Today's Grocer, this article looks at how retailers should look to new technologies to link data across their retail supply chain to help keep food safe for consumers. By using Internet of Things (IoT), augmented reality applications and devices, food retailers can ensure the integrity of their materials and end products. When coupled with artificial intelligence, the data creates new insights and opportunities to improve business processes, unlock new growth...
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.
Italian brand, O bag produces and distributes unique and personalized fashion accessories. With Oracle Retail, O bag is able to deliver the same level of personalization in local promotions and tailor customer experiences in 400 stores worldwide and online.
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?