Retail News & Insights - Retail TouchPoints
WEBCultureverse: Creating Virtual Experiences with Intention and Impact. Experience Insiders. 9 months ago. Retail news, industry trends, business news and reports for retail executives covering customer experience, store operations, machine learning, digital commerce - Retail TouchPoints.
IoT in Retail: Top 5 Use Cases and Real-Life Examples
WEBJul 17, 2023 · 1. Predictive equipment maintenance. IoT solutions enable retail stores to monitor and manage their equipment, including HVAC systems and refrigerators. The malfunctions of these systems in retail food stores happen unexpectedly and can lead to food spoilage, energy overconsumption, and loss of revenue. Example: Walmart.
How Retailers can Combat the Rising Threat of Theft
WEBNov 20, 2023 · This represents the greatest source of loss for retailers of all sizes. Consider the following practices to reduce in-store theft committed by customers: Keep your business well-lit and monitored: Theft often occurs in areas where a thief’s activity is easily concealed. Having good lighting both inside and outside your business can make theft ...
Walgreens Creates Tool for Discovering Prescription Discounts
WEBDec 1, 2023 · Walgreens has partnered with RxSense to create the Rx Savings Finder, providing shoppers with easier access to prescription discounts.Now available free to Walgreens customers nationwide, the tool finds free third-party discount cards for thousands of medications and offers customers transparent pricing before they reach the checkout counter.. Patients can access the discount card prices by ...
Moving from Monologues to Conversations: How Brands are …
WEBFeb 2, 2024 · Steve Jobs once famously said that his job was to figure out what consumers want before they know they want it. As was often the case, Jobs was ahead of his time. This concept of starting with a deep understanding of the customer (at times more deeply even than they understand themselves) and building from that point is also the basic premise of retail’s latest technological and ...
Walmart Debuts Immersive, Influencer-Led ‘Walmart Realm’ …
WEBMay 22, 2024 · Just a few weeks after making real-world products available for sale within Roblox, Walmart has debuted Walmart Realm. This immersive experience features three distinct shopping environments designed around social trends and influencers: the underwater world of So Jelly, vintage Americana at Y’allternative and chic beauty and fashion at Go ...
Shein Adds Third-Party Marketplace in U.S. - Retail TouchPoints
WEBMay 4, 2023 · Value shopping app Shein is opening up its platform to third-party sellers with the debut of a new global integrated marketplace. Up until now Shein has operated as a traditional retailer by acquiring its own inventory. This contrasts with fellow China-based discount shopping apps such as Wish and Temu, which use a consumer-to-manufacturer marketplace model.
How to Keep Your Digital Signage up to Date - Retail TouchPoints
WEBApr 3, 2024 · The same concept applies to digital signage. Establishing a content calendar keeps content on message by providing clear guidelines for things like how long each display runs for and how often your display will change. Advertisement. Scheduling your content also saves you from having to manually update your …
Retail Media: Everything You Need to Know - Retail TouchPoints
WEB6 days ago · Retail media ads can offer run the gamut from “on-site” advertising opportunities — such as ads and videos on its own website, app or even in its physical stores (an Amazon Sponsored Product ad is the most basic example of this) — to what is typically referred to as “off-site advertising.”Off site advertising is when a retailer lets advertisers leverage its first party data to ...
Six Principles for Redefining Retail with Responsible AI
WEBJan 30, 2024 · By equipping sales staff with advanced, real-time information, Gen AI transforms the traditional retail environment into a more responsive and customer-oriented space. 5. Promote Transparency in AI Processes. Transparency in Gen AI processes is essential for building and maintaining customer trust.