RFID

How Traceability Technology is Helping Luxury Retailers Stay in the Game
February 14, 2024 at 11:40 am

In an age where everyday goods cost more than ever, is our appetite for the finer things subsiding? According to Bank of America card data, credit card spending for luxury fashion is down 16 percent year-over-year, the product of a six-quarter-long decline. In October, one of the world’s top luxury retailers saw its stock drop…

Retail Trends for 2024: Store Automation and Doubling Down on Sustainability
January 11, 2024 at 2:30 pm

The bar for the customer experience is continually being raised and 2024 is set to be no exception as the competition between retailers gets tougher. Organizations will need to ensure they keep up-to-date with the latest shopping trends to meet the demands of the omnichannel experience, particularly with technologies like artificial intelligence on the rise.…

NRF 2024: What to Expect Following a Complex Year for Retail
January 10, 2024 at 11:53 am

Each year, NRF: Retail’s Big Show provides the retail industry with the latest insights on the development of the solutions and groundbreaking technologies available across the sector. With last year’s event focusing heavily on breakthroughs — the artificial intelligence boom helping retailers develop in-store customer experiences and better utilize data analytics and personalization capabilities —…

Inventory Transparency Key to Retailers' Omnichannel Operations
December 6, 2023 at 4:22 pm

As part of its 2023 Top 100 Omnichannel Retailers report, Total Retail assessed leading retailers and brands across a host of operational criteria. One of those criteria was the ability for consumers to view in-store inventory availability and stock levels from a retailer's website and/or app. Inventory transparency is critical to not only the customer-facing…

The Latest Sustainability Trends in Fashion
December 4, 2023 at 10:05 am

The fashion industry doesn’t have a good reputation when it comes to sustainability. According to the United Nations Environmental Program, fashion industry processes account for up to 10 percent of global carbon dioxide output, and the industry is accountable for 20 percent of the 300 million tons of plastic produced each year around the globe.…

How Can Retailers Benefit From Technology During a Labor Shortage?
October 24, 2023 at 10:11 am

Nearly four years on from the COVID-19 pandemic, the retail industry continues to face challenges, specifically with labor shortages. Statista research shows that since the pandemic, the rising U.S. retail employment numbers have had a sharp decline, which is expected to continue, with U.S. retail staff predicted to have 500,000 fewer employees by 2026 as…

How to Successfully Get Started With RFID: A Step-by-Step Guide for Apparel Retail
October 5, 2023 at 12:18 pm

In the current age of fashion retail, delivering a great shopping experience is crucial. With demands changing constantly, one of the most important boxes to tick is to have the product available as soon as consumers are ready to buy by managing inventories efficiently. With the rise of the "zero consumer," as defined by McKinsey,…

Gearing Up for a Great Holiday Season
October 4, 2023 at 10:57 am

As the thermometer drops and the holiday season draws closer, that signals the beginning of a slew of opportunities for retailers in the coming months. However, despite the promise of the holiday shopping rush to help retailers’ bottom lines and set businesses on course for a successful new year, it's imperative for them to consider…

Item-Level RFID’s Role in Circular Fashion
August 14, 2023 at 4:33 pm

The fashion and logistics sectors have both become increasingly concerned with sustainability. According to Deloitte, almost one-third of consumers have stopped shopping at specific retailers due to ethical and environmental concerns. As such, retailers are now searching for ways to introduce greener processes. With customers becoming more aware of the role they play in the…

Utilizing Brand Identification Solutions to Effectively Relieve In-Store Pressures
July 17, 2023 at 5:43 pm

After the pandemic, customers returned to shop in-store. While this is undoubtedly great news for the industry, it does put further pressure on retailers. As a result, retailers must find innovative solutions to mitigate these effects by implementing sufficient brand identification solutions that assist in relieving in-store pressures and maximizing sales. The retail industry is…