In an integrated omni-channel concept, the GK/Retail Central Pricing Engine ensures homogeneous pricing, the consistent application of an infinite number of promotions and loyalty activities as well as the accurate calculation of refunds across all channels. The cloud-based solution is designed to handle a very large number of price calculations simultaneously, across multiple channels and in real time.
Sales of merchandise that depend on a third-party service component, such as cell phones, have a unique place in the retail environment. Connolly has deep expertise in this complex ecosystem of specialty suppliers and the particular nature of activation-based commissions. This experience enables us to recover lost profits and clarify potential contract ambiguities, resulting in reduced future errors.
For more than 30 years, our retail solutions division has prided itself in providing quality installation and an unmatched experience. It is that foundation of hard work and meticulous detail that has also set HJ Martin's work in casework installation well above the standard for leading retailers. Each one of our skilled carpenters and craftsmen work in accordance with AWI installation standards to consistently produce the finest quality.
From New York to Chicago to California, HJ Martin and Son has the ability to adjust to different environments, understands the importance of acclimatization of the material, and has the industry's best craftsmen. We thrive in situations that require intricate detail work, when timing is critical, or where space is tight. High adaptability to the conditions we are working in including big city environments, translate to an efficient and quality job - which just so happens to be where we shine.
Through our strategic retail solutions partner, we provide manufacturers and retailers with the highest quality retail merchandising services available. Our retail solutions partner services both national and regional chains, covering more than 80,000 retail stores across the country. We will get your products and programs to market when you need it through best-in class resources and state of the art technology.
Merchandise management and planning is critical to the success and efficiency of your retail operations. Oracle Retail Merchandise Operations Management and Planning technologies provide visibility across all channels of your operations from purchasing, to distribution, to your financial close processes all from one scalable merchandising platform across all your various office, store, and warehouse locations. As an Oracle Gold Partner specializing in retail, SkillNet can connect, customize, and accelerate your Oracle Retail Merchandising and Planning implementation.
SURVEY: PROFESSIONALS EAGER AND READY TO DEPLOY 5G | ZDNet
Gary’s Take: The rollout of 5G over the next several years will be transformative, especially for retailers. The speed of 5G is mind-blowing: A two hour movie download took 26 hours using 3G tech, 6 minutes with 4G, and will take only 3.6 seconds with 5G. Beyond speed, 5G offers much more bandwidth, enabling billions (trillions?) of IoT devices to stream data from everywhere - are retailers ready for the realtime store? And, for those regional retailers located in rural parts of the U.S. who think their customer base has not yet embraced the digital age - 5G will finally bring high-speed connectivity to all areas as it is much cheaper to deploy than cable. 5G will do nothing but increase shopper expectations of having everything they want available in moments. But is retail ready to deliver?
MARY MEEKER’S MOST IMPORTANT TRENDS ON THE INTERNET | Vox.com
Gary’s Take: Mary Meeker, the "Queen of the Internet", is out with this year's deck calling out the most important internet and digital trends. Her report is always fascinating to review, but long at 300+ pages. Here are a few highlights as pertains to retail: eComm is now 15% of all retail sales and growth continues to outpace brick & mortar. Internet ad spending in the U.S. is up 22%; 62% of digital ad is programmatic. Customer acquisition costs are going up - in some cases it surpasses customer revenue! Targeted advertising is under threat from GDPR and other data privacy regulations. Americans now spend 6.3 hours a day with digital media and it continues to grow. Lastly, healthcare is becoming more digital - lots of implications here, especially for the food industry.
WORD OF MOUTH REMAINS VITAL FOR LOYALTY IN DIGITAL AGE | Streetfight
Gary’s Take: Interesting that word-of-mouth is as - perhaps even more - important in the digital age in securing new customers. With deep experience in retail loyalty, I would suggest that recognition is the most powerful way to build loyalty that in turn powers positive word-of-mouth. In years of working with prominent retailers in markets around the world I inevitably found that recognizing customers, especially a retailer's most valuable customers, transcended cultures. There are countless ways to provide that recognition - everything from a simple handwritten thank-you note to special offers to the store manager greeting the shopper in-store. One of my favorites occurred years ago when I helped M&M Meat Shops of Canada build their loyalty program. On Valentine's Day we had each store owner hand deliver a bouquet of roses to their top 10 customers. Talk about positive word-of-mouth!
FEATURED BLOG OF THE WEEK:
RETAIL’S BIG DATA CHALLENGE...AND OPPORTUNITY by Gary Hawkins, CEO CART
2019 GMDC GENERAL MERCHANDISE MARKETING CONFERENCE, Gaylord Rockies Resort, Denver, CO - June 13-17, 2019
DISRUPTIVE LEADERSHIP & THE SELFCARE REVOLUTION, Boston Immersion Event - Hosted July 17 & 18th, 2019
Apply to present at Retail Tomorrow Labs: Boston - Applications due June 15th, 2019
OUTLOOK LEADERSHIP - August 11-14, 2019 in Asheville, NC
The convenience industry’s premier, invitation-only event, that you cannot afford to miss. In a world of accelerating change, where we are going and how do we build our organizations to thrive there? Sterling Hawkins will take attendees on a retail journey.
C-Store operators can register today at https://outlookleadership.com/ using Invite Code: power
REFLEXIONS 2019: INTELLIGENT RETAIL - August 12-15, 2019 at Caesars Place in Las Vegas
GROCERYSHOP - September 15-18, 2019 at the Venetian in Las Vegas
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Quote of the Week:
Progress is impossible without change, and those who cannot change their minds cannot change anything.
~ George Bernard Shaw
Updated monthly, this cost-effective pricing solution provides many of the same features as our Bi-Weekly service, but at a lower price point. It’s ideal for smaller companies with limited data budgets.
Price labeling system based on radio-controlled electronic labels. 3 fields for selling price, basic price, info field. Modern tool for performing simultaneous price updates for shelves and POS terminals in all company stores
Experience the power of a full-fledged IMS right inside your ecommerce solution. Get up to minute details about inventory, suppliers, and procurement. Gain complete visibility into supply and demand up and down your supply chain. Streamline global supply chain operations with an ecommerce platform that provides award-winning ecommerce features, robust order management, and advanced inventory management. Manage inventory better across multiple channels to offer new classes of services to customers, partners, and vendors. Free yourself from the expense and hassle of having to purchase and integrate a separate inventory management system.
Establish Targeted Inventory Levels to Achieve Customer Service Goals.
Improve inventory management processes with automated, optimized replenishment control and constraint settings that address inventory availability issues throughout the connected supply chain.
RELEX Solutions provides unified retail planning solutions that deliver impressive results for customers around the world.
RELEX software takes full advantage of all your data to give you the most accurate forecasts.
Replenish all product categories automatically with great consistency and accuracy.
Perform complex calculations instantly to make more accurate purchase orders with far less work.
PROMOTIONS & MARKDOWNS
Effectively plan, forecast and execute promotions that meet your business targets without excess stock.
ALLOCATION & IN-SEASON MANAGEMENT
Increase the accuracy and efficiency of initial allocations, in-season replenishment, and final allocations.
RETAIL & SUPPLY CHAIN ANALYTICS
Improve the performance of your retail operations through data-driven insights and predictive analytics.
MACRO SPACE PLANNING & OPTIMIZATION
Allocate the right amount of space to each department, zone, isle and category.
MICRO SPACE PLANNING & PLANOGRAM OPTIMIZATION
Planogram any fixture and automatically create store-optimized planograms.
BEHAVIORAL CLUSTERING & ASSORTMENT PLANNING
Tailor your assortments by cluster and by store to give shoppers the choices they want.
WORKFORCE OPTIMIZATION & MANAGEMENT
Optimize staffing based on accurate forecasts of customer volumes and incoming deliveries.
We've redefined packaging trends for flexible pouches with the Delkor Cabrio Case®. Whether you're looking for standard shippers, retail cartons, shelf-ready packaging or other case options, our strong history in package design coupled with more than 40 years of equipment design experience assures a smooth transition from concept to production.