RETAIL INTEGRATION: Take disparate retail applications that you thought couldn't connect and make them work together easily and transparently. Retail Lynx has a rich library of Oracle Retail Base connectors for ATG Web Commerce, Endeca, Responsys, 360Commerce, ProfitLogic, and Retek applications. Also available are 3rd party Oracle Retail connectors for NetSuite Financials, High Jump Supply Chain, TradeStone Imports, BrightStar Logistics, Amazon Web Services, Paymentech Credit Card Processing, SAP Financials, etc...
RETAIL WORKSPACE: Answer all your pressing business questions. Integrated retail dashboards deliver accurate, actionable content in an intuitive, self-service environment. Combine data from supply chain, planning, merchandising, forecasting, and finance applications to get answers to your most pressing business concerns in real time.
RETAIL ANALYTICS: Aggregate and create multi-dimensional views of your retail data. Action the information based on goals and strategies that you set like profitability, availability, customer service, style, stock level, etc. Leverage an agile retail platform, one which can be exposed through services and extended to support changing business needs over time.
Royal’s Integrated Supply-chain Network, RoyalISN™, links engineering, design, manufacturing (foam, plastic, and corrugated), assembly and distribution together to provide turnkey solutions for customers with the most demanding returnable packaging requirements.
Throughout every stage, our Royal Rapid Response System™ gives Royal the ability to provide our customers with the fastest turnaround for designs, quotes, manufactured orders and delivery. Engineers at our 15 Royal Innovation Centers provide the creative, functional and cost-conscious designs that give our customers a competitive edge in the marketplace. Our Royal Logistics team provides assembly and distribution solutions for all of our customers' returnable needs.
For more than 100 years our company has been fortunate enough to work with Brand Marketers and major Retailers to design and create first class display programs. From initial concept to final production, our expertise allows us to deliver merchandising solutions for a wide variety of clients.
As a family owned and operated business for more than 20 years the Kubach brothers, sons, and dedicated employees have committed themselves to the highest levels of quality and service at a fair price for every customer. Every job and every customer is treated with the same respect and commitment no matter the size or scope of the project. The attention to detail that is given to each customer is reflected in the fact that the Kubachs are personally aware and involved in each and every project in process. The motto of “pay attention to the little details” is ingrained and practiced daily at TCM.
Excellent execution depends on effective planogram delivery and communication across the organizational network; from head office through the store to shop floor. Traditional planogram distribution channels have tended to flow one way; with little opportunity for direct feedback. With stakeholders across the trading floor now demanding a more interactive environment for planogram distribution, store audit and compliance these channels no longer cut the mustard.
AMERICA'S BIGGEST SUPERMARKET COMPANY STRUGGLES WITH ONLINE GROCERY UPHEAVAL | Wall Street Journal
Gary’s Take: Two key things I would call out relative to this Kroger story by Heather Haddon from WSJ. The first is that while Kroger, like all other grocery retailers, is being challenged by the move online, has an asset few others do: Years of accurate customer purchase data. That data is the fuel for helping Kroger understand their customers and powering up more efficient customer growth and retention. While Kroger does a good job with personalization, they can always do better, especially leveraging the latest AI and machine learning approaches. The second call out: while Kroger is working to innovate at a growing pace, they are resource-challenged to deploy new tech like their digital shelf edge solution fast enough. If a Kroger with their resources is having a tough time, it makes you wonder about the future of the regional and independent retailers.
HOW GROCERY RETAILERS CAN REINVENT THEIR LOYALTY PROGRAMS | Progressive Grocer
Gary’s Take: So this article on retailers reinventing their loyalty programs fails to understand what retail loyalty programs are all about… DATA. Sure, the value proposition is important - points, fuel rewards, 2-tier pricing, etc. - that’s what drives shopper enrollment and participation. But the author is suggesting that retailers can be successful by dropping traditional loyalty and concentrating on customer service and developing a unique niche like a Trader Joe. In a world of consumer expectation for personalization and contextual relevancy, customer data is not optional. Just having great service or a unique product niche is not enough. Its all about data - just ask Kroger, Amazon, and many others. Retailers without data will be increasingly challenged to remain relevant in the Age of ‘I’, as the world is increasingly tailored to each of us individually.
WILL AMERICA’S LOVE FOR COUPONS EVER DIE? | RetailWire
Sterling’s Take: It’s worth looking at the whole experience not just the paper coupons; there’s a cycle of distribution and redemption that’s sometimes just easier with paper. Digital has a little work to do. I don’t think consumers “want” paper coupons — they just accept them as a known, simple experience. Separately, Valassis conducting a paper coupon survey is kind of like cigarette companies funding cigarette studies in the ’50s and early ’60s :).
IS AI’s IMPACT ON DEMAND FORECASTING MORE HYPE THAN REALITY | RetailWire
Sterling’s Take: AI will significantly transform most aspects of our lives. By 2045 (or so) a $1,000 USD processor will buy you the processing power equivalent to all human beings alive — about 9 billion people. It’s hard to fathom the kind of impact that’s going to have on our businesses or our lives; however, I imagine shoring up at 32% forecasting error will be positively impacted sooner than later.
HOW TO FIX CORPORATE TECH STRATEGY | Innovation Excellence
Sterling’s Take: There is no silver bullet to ensure a company commercializes its next great technology, product or service. Key disruption to current processes can significantly improve the odds because it’s about the people and about the culture. Ensuring connectedness, simplifying analysis, and increasing agility will help any company better invest its resources as it tries to invent the future.
FEATURED BLOG OF THE WEEK:
4 WAYS AUGMENTED REALITY IS REDEFINING THE SHOPPING EXPERIENCE by Alexa Marino, Glance Creative
COMMERCE IN THE CONSUMER AGE: HOW HUMANITY AND TECHNOLOGY COME TOGETHER TO CREATE A NEW VISION FOR RETAIL - Criteo Commerce Forum May 9, 2019
CREATING ROI IN THE FUTURE OF AR/VR IN RETAIL: HOW RETAILERS ARE USING VR/AR TO ACHIEVE GROWTH, PROFITABILITY, AND CUSTOMER EXPERIENCE GOALS - May 14, 2019
Questions? Contact Retail and eCommerce Committee Event Co-Chair, Sterling Hawkins via email:firstname.lastname@example.org
DISRUPTIVE LEADERSHIP & THE SELFCARE REVOLUTION, Boston Immersion Event
Apply to present at Retail Tomorrow Labs: Boston - Applications due June 15th, 2019
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The Butcher Block Demo Table adds an upscale element to your store with the thick butcher block wood top. The neutral design will match any decor. This demo table includes a garbage can that is mountable on either side. There are cabinet style doors on the backside for storage. You also have an option to include signage or graphics on the front to increase attention and awareness.
Assistant Professor Simon Blanchard, Georgetown Institute for Consumer Research
When the manufacturer of a new organic chocolate cake mix negotiates shelf space with a retail chain, which shelves and which part of the store are the most desirable to stock the products? It is generally assumed that in-store placement of products should be organized such that consumers can easily find what they want, and that managers can easily identify how consumers think assortments should be organized. For the new organic chocolate cake mix it would seem natural to stock the product along with other cake mixes in the baking aisle. Yet, it is also possible that consumers may categorize brands or products in ways that may not be intuitive to managers. Should the manager consider stocking the product with cake mixes, organic products, with chocolates...or in a combination of the above locations?
Plan and deliver optimal prices and promotions at the point of sale – as well as other channels.
Increase revenue, customer loyalty, and market share with more-effective pricing and promotions. Assess shopper-demand patterns to align pricing with your overall merchandising strategy. Anticipate what shoppers want through analytical insight, and predict trade-offs among revenue, profit, and price image. By enforcing a defined set of rules and efficiently executing prices and promotions at the point of purchase, you can improve gross margins.
Reverse vending solutions are a powerful way to maximize sales opportunities and drive loyalty. Timely staff intervention – for example, to remove empties when the system is full – is essential to ensure that the reverse vending process runs smoothly. With the RVActive application continually monitoring the reverse vending solutions, in-store teams are automatically notified via email or phone whenever their intervention is required: helping retailers to deliver high-quality, always-on services with minimal time and effort.
Our Chronologically-Released coupon magnet mailer drives traffic to your stores weekly. Our patented design is available on 1, 2, 3, or 4 pages covering 4, 6, 8, or 12 weeks of coupons. We will customize to meet your specific needs. Our Goal is to connect people to your retail store by using weekly branded value and create a repetitive shopping behavior, thus converting new customers to "loyal" customers and increasing store sales! .
Retailer tests prove our mailer design gets an average redemption of 8-13%. As originators of the "Refrigerator Savings" mailer and our famous Trademarks "Weeks 1, 2, 3, 4" and "1, 2, 3, 4", we have helped retailers grow their business across 39 states over the last 11 years!
Our newest product addition is our Digital Checkout Counter or Tablet that we provide to you FREE, along with Free text messaging. It includes the scanner for mobile phones and works with all POS Systems. AND, We Pay You!!