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As digital sales soar, profits are a concern for grocery retailers

As digital sales soar, profits are a concern for grocery retailers
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Late Hindi writer Shivani s memoir translated to English, to release in May

Research Provides Retailers With Roadmap to Post-Pandemic Growth

Research Provides Retailers With Roadmap to Post-Pandemic Growth Latest data from Manhattan Associates and Incisiv study finds fulfillment margins and frictionless customer experience top of mind for retail executives March 04, 2021 08:10 ET | Source: Manhattan Associates, Inc. Manhattan Associates, Inc. Atlanta, Georgia, UNITED STATES ATLANTA, March 04, 2021 (GLOBE NEWSWIRE) The dramatic increase in ecommerce volume triggered by the pandemic has had an accompanying impact on retailers abilities to provide profitable new forms of order fulfillment, such as buy online pickup in-store (BOPIS), ship-from-store, and curbside pickup, according to the latest report from Incisiv, commissioned by Manhattan Associates Inc. (NASDAQ: MANH). Data revealed that the pandemic triggered a five-fold increase in ecommerce volume in 2020 compared to the same period in 2019. Amid the significant shift to online stores, many reta

Symphony RetailAI: 95% of FMCG retailers say inventory optimisation is top priority for 2021

Published on Symphony RetailAI, the leading provider of integrated AI-enabled marketing, merchandising and supply chain solutions for FMCG retailers and manufacturers, today announced findings from its Category Planning & Assortment Optimisation Executive Survey, conducted in partnership with Incisiv. In the survey, US-based retail executives demonstrated a short-term shift in priorities to deal with the pandemic, with 95% citing inventory optimisation as their top priority. The study reveals a maturity gap between retailers’ intentions and capabilities for category planning and assortment optimisation. The survey also found how retailers plan to enhance their merchandising efforts in light of the pandemic, with a large majority declaring plans to invest in integrated and cloud-based category planning technologies. The research emphasises that achieving growth will require an upgraded capability set for both retailers and CPGs.

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