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Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

The curtains have closed on the National Retail Federation (NRF) 2024 Retail’s Big Show, and this year’s event has been extraordinary, with a record-breaking attendance of nearly 40,000 participants from around the globe. Inflation, another hurdle on the retail landscape, prompted a shift in focus towards long-term business growth.

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Has There Been a Retail Revolution?

Enterra Insights

Two years before the COVID-19 pandemic jolted the retail landscape, Jeff Schmitz ( @JeffreySchmitz4 ). Chief Marketing Officer Zebra Technologies, insisted the retail sector was in the midst of a revolution. It’s undeniable that we’re in the midst of a retail revolution.”[1] Retail Stores Blur with Distribution Centers.

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The Blurred Lines Between Retail and DTC with Guy Courtin

The Logistics of Logistics

The Blurred Lines Between Retail and DTC with Guy Courtin. Guy Courtin and Joe Lynch discuss the blurred lines between retail and DTC. Guy Courtin is Vice President and Industry Principal of Retail at Tecsys, a global provider of supply chain solutions that equip the borderless enterprise for growth. Evolution of retail.

Retail 245
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What is Lean Retail (+ Why Retailers Must Embrace It)

ToolsGroup

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. What is Lean Retail? The impact of lean retail on supply chain management.

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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

Correspondent Melissa Repko reports that it might take some time for retailers to figure out how consumers are going to behave over the coming months. ”[2] Nevertheless, she observes, “Retailers are more on edge.” She reports, “Retailers like Best Buy, Party City, Walmart and Wayfair announced layoffs in 2022.

Retail 130
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The Top 20 Discount Shopping Statistics for Retailers that Prove the Power of Promotions

ToolsGroup

It has become common practice for savvy shoppers to hunt for deals all year round and to favor the retailers who offer the best deals. The Top 20 Retail Promotion Statistics. Here are the top 20 sales promotions statistics and facts retailers should all know now. Today’s customers demand high-quality items at a fair price.

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What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

Retail workers are at the heart of the economy, making the continued retail labor shortage a top challenge for retailers–one that appears here to stay. Get the real story on today’s retail worker shortage, as we break down: Retail Labor Shortage Statistics. The Need for Corporate Retail Talent.