Optimum Retailing (OR)

You've probably heard that Hudson's Bay Company (the parent company of Saks Fifth Avenue) is buying Neiman Marcus Group... ... but did you catch what might be the most interesting part of this deal? Amazon is taking a minority stake in the new company, Saks Global. The Wall Street Journal states Amazon "plans to provide it with technology and logistical expertise". That's big news. And it shows that even legacy department stores are beginning to realize how technology incorporated into their retail locations can help them deliver on both customer and stakeholder expectations. Fortunately, you don't have to be the size of Saks or Neiman Marcus to begin incorporating powerful technology into your retail stores... ... you just need to send Optimum Retailing (OR) a message to get started. #BrickAndMortar #Retail #technology

OR leverages A.I. to help retailers improve operations and in-store performance. 💻 Explore the promise of retail technology to build operational resiliency: https://hubs.la/Q02BzyNP0 #AI #RetailTech

Can AI help retail store employees better serve customers? Retailers like Target, Walmart and Best Buy certainly think so... According to Mitchell Parton's recent article in Modern Retail, major retailers are starting to realize the benefits of leveraging AI in physical stores, not only to upgrade shopping experiences but also to help employees with their jobs. In the article, Jason Goldberg, chief commerce strategy officer at Publicis Groupe, said, “AI is helping us get back to personalized experiences at scale." We agree! And if you're a multi-unit retailer who wants to learn how AI-powered technology can help your store (and employees) perform better, reach out! #BrickAndMortar #Retail #AI #Technology

How can RFID tags create new opportunities for fashion brands? Read Alicia Esposito's Retail TouchPoints article to learn how American sportswear company Under Armour uses technology (including RFID) to streamline fitting room operations and improve customer experiences. And if you're a fashion retailer that wants to do the same... ... Optimum Retailing (OR) is here for you. #BrickAndMortar #Retail #RFID #Technology #CustomerExperience

Did you know planograms can be a competitive differentiator for brick-and-mortar retailers? 🤔 Learn how to optimize planograms to increase sales, improve compliance, and maximize space: https://hubs.la/Q02BzBy80 #Planograms #BrickAndMortar #Retail #RetailManagement

It's time to start thinking about... Back to School! We know, we know... ... it's only the start of July and kids have just begun their summer breaks. But if you're a retailer selling back-to-school supplies, September is just around the corner and back-to-school plans need to be finalized soon... ... because there's a lot of money up for grabs! How much money? According to this Retail Dive article, parents expect their back-to-school spending to rise 21.8% year-over-year... ... spending a whopping $475 per child compared to $390 last year! Where do parents plan to do their back-to-school shopping?* 💵 Walmart (46.4%) 💵 Amazon (35.4%) 💵 Target (32.6%) 💵 Costco Wholesale (6.5%) 💵 Old Navy (3.8%) 💵 Dollar General (2.8%) So what can you do if you're a brick-and-mortar retailer that wants to benefit from this year's back-to-school spending? Think about the Three Ms... 🎯 𝗠𝗲𝗿𝗰𝗵𝗮𝗻𝗱𝗶𝘀𝗲𝗱 Products Eye-catching displays prominently placed throughout your store help remind parents of everything they need to buy for the upcoming school year. 🎯 𝗠𝗮𝗻𝗮𝗴𝗲𝗱 Inventories Parents can't buy from empty shelves, so make sure you have systems in place to keep your products in stock and your shelves full. 🎯 𝗠𝗲𝗮𝗻𝗶𝗻𝗴𝗳𝘂𝗹 Offers Not every product you sell will be relevant for "back to school" promotions, so highlight the products and offers that make the most sense. The more relevant the offer, the more likely you'll see an uptick in sales. If you're a multi-unit retailer who wants to talk about best practices in visual merchandising and how you can get more from your store, visit our website (ORforMore.com) or send us a message. #BrickAndMortar #Retail #BackToSchool #VisualMerchandising #InventoryManagement * Note: figures don't add up to 100% because survey participants who planned to shop at multiple stores could choose more than one response.

Innovation in retail is powered by A.I. and automation. 👉 Learn why these tech advancements are game changers in retail—for headquarters, employees, and customers alike. https://hubs.la/Q02F1gQN0 #RetailTech #RetailAutomation #AI #RetailManagement

𝗙𝗟𝗔𝗦𝗛𝗕𝗔𝗖𝗞 𝗙𝗥𝗜𝗗𝗔𝗬... ... and we're flashing back to Optimum Retailing (OR)'s co-founder and CEO Sam Vise talking about how we help retailers optimize their retail operations with RFID. Have a watch! #BrickAndMortar #Retail #Technology #Operations #RFID

Brick-and-mortar retail has changed for the better. With the right technology, you can optimize your retail operations for better efficiency, store performance, and customer experiences. 👀 See where retail tech is headed and how you can get on board. https://hubs.la/Q02BzFrt0 #AI #RetailTech

Emerging technologies like smart RFID and A.I. are transforming all things retail management—and planogramming is no exception. 👉Learn more in our latest article: https://hubs.la/Q02BzRtJ0 #Planograms #BrickAndMortar #Retail #RetailManagement