Tag Archives: Retail247

Reiss extend their use of Origin (PIM) to deliver comprehensive Price Change Management

PIM

Origin is our Product Information Platform (PIM) and addresses your product data needs end to end. From product creation to enrichment, digital asset management and data syndication, Origin is the complete product data solution. Origin provides consistent and visible pricing control across multiple channels, zones, countries and currencies. With Origin you can define price changes[…]

How my Retail experience has played a part in my approach as a Consultant

Who Retail247 Are At Retail247 I like to believe we pride ourselves on being Retail and IT specialists, with everyone in our team having either a retail background, coming from IT or both! Having spent 10 years working on the shop floor at Jaeger, and 5 years as an IT Business Analyst, I firmly sit[…]

Coronavirus challenges – why it’s not all bleak for the retail industry

The challenges presented by the coronavirus COVID-19 pandemic are unprecedented, there is no denying it is a period of turmoil for almost every business, including the retail industry. From disruptions to deliveries to store closures, the threat to retail can’t be ignored. Yet although this may paint a relatively bleak picture for the future of[…]

Is 5G changing the way we pay?

Is 5G changing the way we pay? 5G is set to power the next generation of internet connectivity and eCommerce, so retailers need to pay attention. Payment options are endless from digital wallets to biometrics and many consumers believe they would replace their bank card with their mobile phone entirely within 5 years. 5G is[…]

The “vampire economy” effect

Retail consumption has been affected by a change in pattern of human behaviour. Shopping used to be a Saturday afternoon activity yet now the most expenditure is in the evening. The most common time to shop is 22:18 according to Stylist magazine. Nocturnal shopping habits are influenced by TV and social media that we tend[…]

Warehouse woes

Warehousing is facing new challenges due to political issues such as Brexit. Customer expectations for new, speed and the ability to return products put pressure on the supply chain, meaning warehousing becomes more complex. Brexit is causing havoc for keeping stock – tariffs and duties remain unclear as the Brexit deadline has extended. Brands now[…]

Click but don’t collect

Click and collect is rising in popularity yet the ‘collect’ part of the process is not always followed through. £228 million worth of goods each year, according to research from Barclaycard. If shoppers collected their parcels, retailers would save £178,500 each year according to essentialretail.com. It’s a popular service, with over 70% of UK shoppers[…]

The Retail Experience

The retail experience needs to appeal to consumers across channels. Digitally, social media is one of the best advertising tools retailers can use for engaging with their customer base, especially younger consumers who have more spending power. Yet in-store experience is just as important as a showroom for customers to try out and interact with[…]

Stores without cashiers?

Amazon in the flesh? You can now buy your goods in person rather than through Amazon.com but there’s a catch – there aren’t any cash registers or checkouts. You can simply walk in, pick out what you want and walk out – a “Just Walk Out” shopping experience. It works via the Amazon Go application,[…]

The future is omnichannel: how “bricks and clicks” are revolutionising retail.

There is no denying e-commerce is successful, the UK has the third largest e-commerce market in the world with government figures indicating customers will have spent £106.46 billion online in 2019. By 2021, digital shopping is expected to reach an all-time high with around 93% of the UK’s population shopping online according to retailtechnologyreview.com. Yet[…]

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