11.30.15 -- Inside Retail's High Turnover Rate

11.30.15 -- Inside Retail's High Turnover Rate. A major technology

Newsletter | November 30, 2015
11.30.15 -- Inside Retail's High Turnover Rate
Innovative Retail Technologies
 

In This Issue:

LIDS' Journey To Endless Aisle Success
By Erin Harris, editor in chief
By Erin Harris, editor in chief A major technology upgrade helped LIDS Sports Group streamline POS operations and introduced true omni-channel inventory visibility.
Guest Column
Leveraging The Social Web To Boost Sales
By Manish Chowdhary, CEO, GoECart   By Manish Chowdhary, CEO, GoECart
Social sharing is now a major driver of online commerce, thanks to widgets that let customers share, like, and tweet content across their own networks. Enabling social sharing provides your business with free branding and endorsements, customer engagement opportunities, and, most important, increased sales.
Featured Content
The Untethered Associate: Deploying Mobile POS The Smart Way
You already know that mobile point of sale (POS) technology can move associates from behind the cash wrap to the store floor, but that’s only half of the story. Mobile POS can serve as a focal point for other benefits – customer service and operational alike — that are the coin of the modern omni-channel retail realm.
Inconsistent Scheduling Culprit In Employee Turnover
By Christine Kern, contributing writer
Study finds inconsistent scheduling tops the drivers for high turnover rates.
Best Practices For Bridging Retail's Physical-Digital Gap
More than 90 percent of sales still conclude in the physical store according to a new study conducted by Retail Systems Research (RSR). Yet, sales associates have little to no visibility into the customers’ buying history and prepurchase activities when they set foot in the store. Retailers revealed the biggest problem is with the technology they currently have in place. Overwhelmingly the majority of retailers surveyed agree it’s crucial they unify the online and in-store experience, but not all know how to get to that point.
Newegg Tackles Goods-To-Person Fulfillment
By Erin Harris, editor in chief
E-tail giant Newegg relies on goods-to-person order picking technology to exceed customer expectations and to help grow its $2.5 billion annual revenue.
Walgreens Announces It Will Buy Rite Aid Chain
By Christine Kern, contributing writer
Merger creates a new drugstore giant in effort to bulk up healthcare.
Etsy Boards Faster Delivery Train With New On-Demand Service
By Christine Kern, contributing writer
This business move should position Etsy for greater sales.
Trading Partner Interface Of The Future
The need for effective collaboration using data is increasingly imperative to deriving improvement and financial benefit for both the retailer and supplier. Progressively, many retailers are going after ROI and focusing on the value that data can provide. The increased demand we are seeing in the market for a configurable portal for supplier onboarding, self-service, e-invoicing, PO flip, and dynamic discounting is converging with retail trading partners' interest in increased collaboration through a portal.
Omni-Channel Retailing — Recipe For Success
By Kristen Graham, Global Technology Systems
I recently read a report by Happiest Minds that listed the ingredients needed for the perfect retail order. The list included items like stock availability, timely delivery, perfect quantity, right packaging, and correct invoicing. While each ingredient might seem basic, in reality it takes a team of experts to execute each component flawlessly.
Editor's Notebook
On-Demand Webinars: Smart Networks, Mobile POS, And More
By Erin Harris, editor in chief   By Erin Harris, editor in chief
In case you missed them, here are some of our information-rich webinars that are available on-demand. In less than an hour, you’ll learn how savvy retailers are using innovative technologies to improve customer engagement.
Most Popular News
• Walmart Releases All 2,000 Cyber Monday Deals Sunday Night At 8 p.m. ET
• Target Reveals Biggest, Boldest Plans Yet For Cyber Week
• eBay Enterprise Unveils Holiday Fraud Index And Key Findings That Leave Retailers Vulnerable
• CVC Capital Partners And Canada Pension Plan Investment Board To Acquire Petco
• A Starbucks Barista Designs The Holiday Gift For All U.S. Partners
• Aptos Announces New Senior Management Team
• Barnes & Noble Announces Top Ten Most ‘Unexpected' Gifts For Creative Gifting This Season
• Lowe's Launches Next Generation Of Iris Smart Home Solution
• Internet Retailer Of Sports Products Introduces www.EverydaySportsOnline.com
• Checkpoint Systems Chosen By DECATHLON To Further Extend RFID Source Tagging Program
Featured Webinar
Inside Groupe Dynamite's In-Stock Edge
December 8, 2015 | 11:00 a.m. EST

Join us for this webcast as Isabelle Rousseau, allocation director of Groupe Dynamite, and Chuck Miller, vice president of retail strategy at Logility, will discuss how Logility Voyager Retail Optimization enables Groupe Dynamite to generate more accurate forecasts, leverage style-color-size profiles, streamline allocation, and auto-replenish each store.
Why We Do What We Do
To Us, “Innovation” Isn’t Just Another Business Term...
  We’re passionate about innovation because that’s how progressive retailers consistently meet consumer needs and provide a superior customer experience, regardless of channel. By focusing on the most innovative brands, we help retailers make informed decisions that will enhance their business today — and tomorrow.
Featured Product
MegaPX Indoor Analytics Dome IP Camera MegaPX Indoor Analytics Dome IP Camera
The MegaPX Indoor Analytics Dome is a fixed IP camera that combines 1080p video with highly accurate analytics, making it ideal for retailers that want to monitor and analyze customer and employee behavior so they can improve business efficiency.
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