It’s important that retailers understand that transparency and honesty are core components for building loyalty with today’s shoppers and through the use of Oracle Retail Brand Compliance they can react faster to product issues and remain transparent.
Take a look at private brand food safety from the grocery retailers’ point of view – the upside and the challenges – and insight into the growing global private label industry and how Oracle Retail Brand Compliance is supporting the growth.
5G is not another new technology or revolutionary concept being brought to the retail environment, but it can be the enabler that changes technology sitting on the shelf into powerful retail advantages. Embrace the shift with basic tech to see improvements in POS transaction latency and in-store customer experience advantages.
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.
Improving the way that the food supply chain is managed is about how key information is used. The FDA’s initiative makes a clear statement that now is the time to modernize food supply chains and solutions like Oracle Retail Brand Compliance can help.
Progressive Grocer's study reports that private brand development is the top business opportunity over the next 18 months for 45% of grocers, investment in supporting technology, like Oracle Retail Brand Compliance, yet it does not appear in the Top 7 list for either this year, 2020 or 2021. So why the disconnect?
Retailers can bet on an increase in BOPIS traffic during peak trading this year. Those that aren't ready with the requisite technology and processes to support the shift, should visit Oracle Retail's booth 4837at NRF2020.