Retail
Omnichannel strategy, e-commerce tech, and in-store innovation.
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Retailers Are Moving More Towards a ‘Digital-First’ Strategy. It’s Greatly Improving D2C Numbers
Brick-and-mortar stores and e-commerce platforms are rapidly blending, adopting a digital-first strategy is crucial for retail giants. Straddling the evolving terrains of customer preferences and technological advancements, companies are faced with a monumental task of transforming their operations end-to-end, effectively marrying their wholesale brands with a direct-to-consumer operational model. Amid this challenge and opportunity, businesses…
Hyosung Innovue Introduces its Latest Cutting-Edge ATM Solutions
Cutting-edge ATM solutions were the focus of the Hyosung Innovue kick-off event on June 20, 2023. New technology and capabilities give retailers exciting revenue-enhancing opportunities through the latest ATM innovations.
New Biden IoT Security Program Will Give U.S. IoT Adoption a Boost
The Biden Administration’s recent launch of the U.S. Cyber Trust Mark, an IoT security labeling program, is a significant stride towards safeguarding Americans from associated security risks. It will feature a distinct shield logo on products that meet cybersecurity criteria, including unique and strong default passwords, data protection, regular security updates, and incident detection…
Hyosung’s Cajera Series brings Multifunctionality to Cash Management Devices, Creating Additional Revenue Stream Possibilities
Hyosung Innovue is revolutionizing the cash ecosystem with upgraded ATM solutions in its Cajera Series of cash management devices. These innovative ATMs bridge the gap between various cash points within retail spaces to enhance customer convenience while creating additional revenue streams for retailers. By integrating cash recycling, remittances, bill payments, cryptocurrency purchases, visa deposits,…
Peak season to come in August barring any labor disruptions, NRF says
This article originally appeared on Cargomatic.com U.S. containerized imports are expected to reach a peak in August this year, but will still be down 18% year over year from August 2022, according to the National Retail Federation. The NRF, which tracks monthly import figures at leading U.S. ports through the Global Port Tracker produced by Hackett…
The Impact of Wellness in Retail Experiences
In the latest episode of Retail Refined, host Melissa Gonzalez converses with Dawn Clark, Co-Founder of Osean Studios, a design strategist, and retail design expert. The spotlight of the conversation is the impact of wellness in retail experiences, delving into Clark’s professional journey that spans eminent brands like Nordstrom, Saks Fifth Avenue, Nike, Amazon,…
The Road to the Dallas 100™: How Sleep Experts Founder Chris Cook Challenged the Mattress Industry with an Improved Customer Experience
When Sleep Experts founder Chris Cook went looking for a new mattress with his wife in the early 2000s, he was met with a lifeless experience. A used car salesman vibe. Little to no customer service. An endless selection of mattresses with no direction on how to pick an option that was actually right for…
Global Retail Brands: The Relevance of Being Local, Yet Remaining Global with Giovanni Zaccariello from Coach
Global retail brands have a reputation for going big. But how do the best brands find a way to make a powerful consumer impact globally while maintaining that local feel so crucial to long-stranding relevancy? As technology advances and consumer behavior shifts, brands face the challenge of creating unique, immersive experiences that resonate with…
Exploring US Consumer Payment Trends and the Resilient Demand for Cash
The Federal Reserve System’s FedCash® Services has disclosed the findings from its 2022 research into the payment habits of US consumers, suggesting enduring trends established during the pandemic. Key findings from the survey reveal a slight decline in cash payments, accounting for 18% of all transactions. On-person cash holdings witnessed a $5 increase from 2021,…
Sustainability in Retail is More Than a Checkmark, it Must be a Core Tenant
As the conversation on climate moves from change to crisis, sustainability in retail is no longer a dream to obtain; it’s a necessity that industry leaders take meaningful action. The retail industry, a notorious contributor to global waste and pollution, is a primary player in these dialogues. Recent studies suggest that around 85% of…
How Sensory Design Plays a Vital Role in Reshaping the Retail Experiences of Today
Sensory design is an emerging marker of today’s retail experience. The digital age continues to transform the retail industry, and the advent of Sensory Enabling Technologies (SETs) is revolutionizing how consumers interact with brands online, creating immersive, multisensory customer experiences that were once only possible in physical stores. According to a study by McKinsey,…
Chubbies Shorts Seeks to Capitalize on the Latest Retail Trends and Innovations
RICE 2023 (the Retail Innovation Conference & Expo) brought out all the latest trends and innovations for retailers to experience. Halfway through 2023, the retail industry is clearly emerging from a pandemic. The sector faced everything the pandemic could throw at it, supply chain issues, inflation, economic uncertainty, and geopolitical factors. However, consumers are…
Consumer Behavior Drives Hyosung Innovue’s ATM Product Launch for Summer 2023
Summer 2023 is here, and the retail industry looks to the experts for new trends and ATM product launches and trends to drive innovation for the remainder of the year and beyond. Retail, cash management, and ATM sectors are undergoing significant transformations driven by evolving consumer behaviors and technological advancements. These changes are shaping…
The Horizontal Rod Handset Forming System by Gates & Sons, feat. Don Valdez
Don Valdez, National Retail Sales Manager with Gates Concrete Forming Solutions, demonstrates the Horizontal Rod Handset Forming System at World of Concrete 2022 in Las Vegas, NV.
Locus CEO Nishith Rastogi Wants His AI Tool To Help Meet Customer Demands
Consumer behavior continues to change in the wake of the pandemic. One trend found by 6 River Systems is that consumers demand “omnichannel” retail experiences that are consistent across channels. It can be very difficult for retailers to bridge the gap between brick-and-motor and online delivery of their products. How can retailers create seamless experiences…
Using Technology to Match Real Life Learning
In this episode of the L&D Transformation podcast, Jack Gottlieb interviews Lou Tedrick, the VP for Global Learning and Development at Verizon. Lou explains that her role involves supporting employees and external learners who contribute to Verizon’s customer experience. She emphasizes the importance of the intersection between employee development, organizational culture, and customer engagement. Lou…
Cybercriminals are Using AI in Scams. Organizations Need to Prepare for Additional AI Cybersecurity Risks.
Cybercriminals are using AI to make their scams more convincing and sophisticated than ever. The result is a slew of new AI cybersecurity threats to both businesses and consumers. In January, Forbes reported that several major hacking communities were using ChatGPT to develop malware that could spy on users’ keyboards. Fraudsters are also using…
Navigating Major Trends in Retail Data and Analytics
The retail industry is forced to reckon with a new emphasis on data–and the analysis of said data. Retailers are in a position to understand more about their supply chain, customers, store experience, marketing, and more than ever before, but they need solutions that can help them make the most of these insights. Datascan has…
Getting to Know Datascan and the Retail Landscape
Datascan is the industry leader in inventory counting. They help modern retailers navigate the plethora of supply chain, inventory, stock management and data-related challenges in order to thrive in the modern retail landscape. In this episode of Keeping Count, Datascan shapes the conversation around trends by offering leading insights primed to help retailers to get…
The Importance of Inventory Accuracy for Retailers Worldwide
Enhance your retail business’s success with Datasan by exploring the crucial role of inventory accuracy for global retail. Maintaining precise inventory records is essential for achieving optimal operational efficiency and customer satisfaction. Datascan delves into the multifaceted benefits of inventory accuracy. Adrian Thomas, President and CEO of Datascan, discusses how accurate inventory tracking empowers retailers…
The Importance of Inventory Accuracy: Highlight 1
Dive into the worldwide importance of retail inventory accuracy. Adrian Thomas, the President and CEO of Datascan, joins us to shed light on this crucial topic. As the retail landscape continues to evolve, especially in the wake of COVID-19, understanding buyer behavior trends has become essential. Even before the pandemic, consumer habits were shifting due…
The Importance of Inventory Accuracy: Highlight 2
Discover the impact of BOPUS (Buy Online, Pick Up In-Store) and online shopping trends on inventory accuracy in this enlightening video by Datasan. In a rapidly evolving post-COVID world, retailers face amplified challenges in maintaining precise inventory records. Datascan explores how the rising popularity of BOPUS and online shopping intensifies the need for accurate inventory…
Automotive Industry Roundtable
There are plenty of challenges facing the auto industry, not the least of which is the parts inventory process and management. Daniel J. Litwin led a roundtable discussion with industry leaders to take on the challenge and offer solutions through digital transformation. Thomas Calloway, President & CEO of Automotive Aftersales at A2CX Management, Nick Ford,…
Roundtable: The Implementation of RFID Technology and Its Impact on Retail
Immerse yourself in the world of retail technology with this enlightening roundtable on “The Implementation of RFID Technology and Its Impact on Retail,” hosted by Tyler Kern. Join industry experts Adrian Thomas, President and CEO of DataScan, Herb Billings, DataScan’s VP of Product Strategy, and Max Dunn, DataScan’s Manager of RFID Solutions, as they delve…
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