A new report has offered a critical insight into the value of RFID, finding the emerging technology can offer near 100 per cent supply chain accuracy, compared to traditional barcode accuracy of 31 per cent. And that’s just one of the benefits outlined in the report by Auburn University. Here’s an insight into their findings…
Akin to the helm of the retail ship, the Point of Sale is one of the most important areas of any store environment. It’s the place where customer service and sales unite, the gathering point for information and, ideally the central position where sales associates can monitor all the action on the floor. It also…
Bricks and mortar retail is anything but doomed, with a series of reports indicating the sector continues to not just survive but in some cases even thrive as physical stores use the digital age to their advantage. The statistics come despite headlines that prophesise doom and gloom in the retail sector. Or as Inside Retail…
When it comes to selecting the right loss prevention strategies for your storefront, it’s not just about considering the issues affecting your retail outlet in the present. Effective loss prevention also entails ensuring the equipment you purchase now will continue to serve you in the future to ensure the longevity and best return on your…
Retailers are scrambling to keep up with consumer’s digital expectations, and those that keep pace in the right way are likely to be rewarded handsomely for their efforts, according to a new report. Here’s an insight into the role of digital in real-world retail and the key features consumers seek. The value of digital A…
As the industry gears up for the busiest time of the year, retailers will be looking to maximise every opportunity to reap the rewards of the Christmas shopping season. And for many that will involve not just plugging leaks in their loss prevention strategy but also identifying areas of weakness where they can proactively reduce…
Technology dominates the retail news this quarter as the sector gears up for Christmas and the busiest season of the year. From smartphones to AI and payments, here’s an insight into what’s making the news, with the retail roundup for September. Smartphones to drive Christmas retail For the first time ever, smartphones will be the…
When David Jones announced a $200 million overhaul of its flagship Sydney store earlier this year, it was with a singular aim in mind: to create a curated customer experience in a changing retail landscape. The renovations will see the seven-storey Elizabeth Street premises transformed into six key “worlds”, incorporating a swanky champagne bar, children’s…
Australian consumers are making the transition from physical to digital wallets, offering retailers a wealth of opportunity to cash in on the changing tide. According to Deloitte adoption of mobile payment technology rose 14% in 2017 alone seeing Australians steadily abandon their cards and instead look to mobile payments via digital wallets. The shift offers…
Theft prevention might be at the forefront of many store manager’s minds, but like any strategy, it’s about striking the right balance and using the correct technique in the right place. Treading the fine line of loss prevention and product appeal often involves securing your stock in a way that is unobtrusive and functional yet…
