Inventory Management

We’ve seen this one before: As prices rise and wallets shrink, consumers are changing their habits. However, not every industry is losing out. Shoppers are still spending, but they increasingly need discounts and convenience.  For dollar stores and convenience stores, this is their moment to shine. Here’s what they're up against and how they can keep…

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In this webinar, we’ll show the difference between the various types of traffic data.

Caden Lane is a Texas-based online retailer known for its range of personalized newborn clothing along with nursery decor. The brand has gone from strength to strength since switching its focus from wholesale and brick-and-mortar sales to online-only, direct-to-consumer business. Caden Lane recently reported a 132 percent growth rate — earning the company fourth place…

With the lingering effect of inflation, consumers are facing new woes and worries that are reflected in their spending and shopping habits. These inflationary pressures will continue to impact shoppers’ habits, and retailers must adapt quickly to ensure they don't miss out on the next decade of growth and profit potential. Recent consumer research tells…

Whipsawed by supply chain volatility and the massive overordering that resulted when retailers placed bigger bets on stock, the retail ecosystem has absorbed some harsh inventory blows over the past two years. Heading into the 2022 holiday season, an estimated $66 billion in unwanted surplus inventory sat on retailers’ shelves. But there’s hope. As retailers…

Consumers are tightening budgets in preparation for a softer economy, shifting how often they shop and what they shop for in effort to maximize their spending power. Pair this shift with financial market instability, ongoing supply chain pressures, and the continued need for an elevated omnichannel shopping experience, and it’s no wonder retailers are looking…

Despite sales performing solidly, the retail industry continues to keep up a heady pace of evolution. Retailers are constantly seeking out new technologies to optimize and future-proof their operations as well as to improve efficiency. One area where technology is making a significant impact is in the realm of inventory management. One such technology that…

In episode 390 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Bryan Anastasi, vice president of customer care and business solutions at Raymour & Flanigan, the largest furniture and mattress retailer in the Northeast and seventh largest nationwide. Anastasi provides an overview of the Raymour & Flanigan business (1:00), his role with the organization (1:40), and to what he…

We're increasingly living in a world driven by technology, with new services and new applications appearing almost on a daily basis. It’s new, it’s the latest thing, it must be good, we need it ... right? Wrong. In the rush to be seen to be deploying the latest technology, there's a risk of losing sight…