Advancements in technology and the pandemic have changed the retail environment dramatically and accelerated the digital transformation. People have become more tech-savvy -especially the generation z- and to keep up with the changing customer habits, retailers have to implement the right technology at the right time. 2021 has proven that retailers need to prioritize the […]

  “Out of stock” – the three most dreaded words in the retail industry. Interestingly, 43% of customers’ shopping preferences were based on in-stock availability, while 31% expected extended stock visibility. This requires a seamlessly running operation and end-to-end control over inventory. Thus, streamlining order and inventory management and technology adoption is steadily gaining importance. […]

Every retailer envisions the ideal shopping experience to end with customer satisfaction. The picture painted is of a smiling customer entering the store, browsing and selecting products, making the payment, and checking out delighted with the purchase. However, this experience is often plagued with crowded stores, stockouts, inadequate or absent store associates, and perpetually long […]

It’s no surprise that, in the midst of this pandemic, the retail industry is in severe crisis. Retailers’ fortunes have worsened as a result of the global pandemic. Delivering the same customer experience across multiple channels becomes tiresome after a while. As a retailer, half the battle is already won, if the right tools are […]

  Poor inventory management is one of the biggest reasons for inefficiency, negative customer experience, and the resulting loss. This problem becomes more impactful when you’re selling a wide range of products and have only a limited space to store them all.  In such a case, these can be the consequences of poor inventory management: […]

The world of retail has seen some major upheavals over the last few years, thanks to the emergence of the Internet, social media, mobile technologies, and now, the COVID-19 pandemic. As people start coming back to stores, there is an overwhelming understanding that everything will never be the same again. During this period, people have […]

The COVID-19 pandemic has brought sweeping changes to the retail world as stores learn to bridge the physical and digital to provide a seamless shopping experience for customers and at the same time, implement some necessary precautions to provide contactless shopping to avoid hygiene concerns. These changes have been possible because of the use of […]

Change is the name of the game for fast-fashion retailers as they thrive in an ever-changing world of fashion and preferences. These retailers are constantly challenged to maintain high product turnover rates and to cater to their customers in a highly saturated market. These preferences have taken on a whole new meaning as consumers come […]

Ecommerce saw significant growth in sales estimated at 39% in the last quarter of 2020. Experts claim it’s the highest growth seen in the last 13 years. The drastic change obviously causes a struggle for retailers who don’t have any online presence or a  strong organizational structure to support an online operation. Lack of the […]

At the end of 2020, we’ve learned that the most important thing retailers need to acquire is digital transformation. This requirement made retailers take quick actions to adapt to the changing environment in these challenging times. In today’s new retail reality, multiple delivery and fulfillment options have become valuable assets for retailers and consumers alike. […]

Not so long ago, when you walked into a store, you were greeted by your first name and the shopkeeper knew the things you used and the brands you preferred. So, he gave you just what you want and at a discounted rate because you visited the shop often. The result? You came out of […]

Nearly a year after the pandemic has started, the new normal has been established and some aspects of it may very well be here to stay even when it ends completely. While it was wildly popular pre-pandemic as well, omnichannel retail has become the obvious thing to do. With the change in customer shopping habits […]

The traditional structure where a retailer uses one strategy for inventory management and another for store efficiency is becoming outdated.  Imagine you wanted to buy a pair of slick black trainers. You visit your favorite online store, and you see the out-of-stock tag. Then you visit the physical store hoping for a different outcome. The […]

For the past few years retailers were intuitively aware that acquiring and integrating new technologies were the most critical steps to take in order to be aligned with  the future of retail. However, the decision making processes were long as the digitalization of retail was still a vague concept and the expected return on those […]