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Retail Gets Religion on Returns

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OnDemand: Retail Gets Religion on Returns

by Greg Buzek
on 3/30/23

In this webinar IHL’s Greg Buzek and Lee Holman start with an economic update, with a review of banking situation, inflation, retail sales, latest retail market data and a short update from Shoptalk. Then we discuss the issue of retail returns and how retailers are finally taking the margin loss […]
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Worldwide Point-of-Sale (POS) Shipments Increase 14.0% in 2022

by Greg Buzek
on 2/23/23

2023 Shipment Growth More Muted Due to Higher Interest Rates NASHVILLE, Tenn. – February 23, 2023 – Worldwide shipments of point-of-sale terminals experienced strong double-digit growth in 2022, according to new research from IHL Group. The strongest growth region was in Latin/South America with a 26.5% increase in shipments, with […]
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Industry Breaking News Full News Archives ›

Wendy’s and more restaurant brands are moving away from the ghost kitchen model Wendy’s and more restaurant brands are moving away from [...]

Ghost kitchens. Dark kitchens. Delivery-only restaurants. Whatever you call them, they exploded in the years leading up to and during the pandemic. Many of the largest restaurant brands announced partnerships with ghost kitchen technology companies like Reef, C3 and JustKitchen between 2020 and 2022 [...] Read Article ›

Walmart, Packsize collaborate on special right-sized box packaging machine Walmart, Packsize collaborate on special right-sized box [...]

Retail giant Walmart Inc. and packaging specialist Packsize said Monday they have collaborated on a right-sized, on-demand box machine using technology designed for Walmart’s deployment. The machine, called the Ultra5, has already been installed in the first of Walmart’s (NYSE: WMT) four [...] Read Article ›

Party City, Victoria’s Secret, Lush Cosmetics partner with DoorDash Party City, Victoria’s Secret, Lush Cosmetics partner with [...]

Three new retailers are offering online delivery via DoorDash as the digital platform adds new features for customers. Party City, Victoria’s Secret, and Lush Cosmetics are all now partnering with DoorDash. Read Article ›

Tesco hits 1,000 Express stores milestone for its Whoosh rapid grocery delivery service Tesco hits 1,000 Express stores milestone for its Whoosh [...]

Tesco reports that its rapid delivery service, Whoosh, is now available from 1,000 Express stores across the UK. This first launched in May 2021 and is now available from half of Tesco’s estate of Express convenience stores across the UK, serving 55% of UK households. Read Article ›

Prada Group teams with Adobe as it looks to reimagine store and digital experiences in real-time Prada Group teams with Adobe as it looks to reimagine store [...]

Prada Group and Adobe have announced an enhanced partnership spanning the former’s range of brands, including Prada, Miu Miu, Church’s, Car Shoe, Pasticceria Marchesi, and Luna Rossa. Read Article ›

Shopify, Coca Cola Harness the Power of ChatGPT Shopify, Coca Cola Harness the Power of ChatGPT

As artificial intelligence (AI) continues to evolve and the conversation around OpenAI’s ChatGPT amplifies, more and more retailers are exploring what it could mean for them. While there have been many articles about why brands and retailers should jump on AI, with Big Tech giants like Microsoft [...] Read Article ›

True Religion continues digital transformation with loyalty program True Religion continues digital transformation with loyalty [...]

A premium denim and sportswear brand is launching a new omnichannel loyalty offering. Known as True Fam, the program is the latest in a series of strategic initiatives intended to transform True Religion into a digital-first direct-to-consumer (DTC) brand. Previous efforts include the introduction [...] Read Article ›

PepsiCo touts AI barcode readers for distribution centers PepsiCo touts AI barcode readers for distribution centers

PepsiCo is partnering with startup KoiReader Technologies to improve operational efficiency and accuracy in its distribution centers using AI. The food and beverage giant is deploying an advanced machine-vision solution that reads warehouse labels and barcodes more efficiently to increase throughput [...] Read Article ›

Panera enables ordering with Amazon voice devices Panera enables ordering with Amazon voice devices

The fast-casual chain is now enabling members of its MyPanera loyalty program to order via Amazon Alexa, using Echo Show devices.With this new feature, MyPanera members can ask Alexa on an Echo Show device to order Panera items for pick-up or delivery, and the order will be completed. Read Article ›

Dollar General, LiveRamp Provide CPGs Access to Millions of Consumers Dollar General, LiveRamp Provide CPGs Access to Millions of [...]

Dollar General’s DG Media Network (DGMN) and data collaboration platform LiveRamp have joined forces to close the digital gap between CPG brands and rural communities. Read Article ›

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Retail Gets Religion on Returns

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IT Sizing

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