Stephan Schambach

Retail just got a whole lot smarter. 🤝 Shippit and Fluent Commerce have joined forces to enhance retailers' operations by syncing Shippit’s delivery solutions with Fluent Commerce’s order management system. 💡 Through this powerhouse partnership, retailers like Freedom Furniture leverage both Shippit and Fluent Commerce working together to gain real-time visibility - "Shippit's integration with Fluent Commerce alongside Freedom’s existing systems, further streamlined operations by allowing seamless picking, packing, and dispatching within a single platform. This flexibility significantly reduced shipping costs and enhanced the overall customer experience" - Joshua Rich, Freedom Furniture 🚚 Cut delivery times, reduce costs, and give your customers the flexibility they crave. Whether it's BOPIS (Buy Online, Pick Up In-Store) or ship-from-store, this dynamic duo is set to transform your operations, all while managing multiple carriers effortlessly. Read the blog https://lnkd.in/gDNCk3Rq

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As Stitch Fix embarks on a transformative journey, CEO Matt Baer is confident the company will return to revenue growth by FY 2026 with a major emphasis in incorporating AI. According to PYMNTS, despite a challenging Q4 2024, with revenue down 12.4% YoY, Baer highlights strategic steps that are already driving positive changes. Key initiatives, including optimizing operations, embracing AI for personalized styling, and expanding product offerings, are already boosting client engagement and conversion rates. With an innovative, data-driven approach, Stitch Fix aims to redefine the personalized retail experience while positioning itself for future growth. https://lnkd.in/gw79Da5K #HalifaxWest #WinTogether #capitaladvisory #MandA #restructuring #operatingadvisory #RetailTransformation #AIinRetail #Personalization #ClientEngagement #StitchFix

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According to this Loss Prevention Magazine article, "RFID technology empowers retailers to create a serialized data archive of products in-store, online, and at every step of the #supplyChain." In addition, it "...allows retailers to efficiently manage stock levels, reduce errors, and gain visibility into their supply chain." Check out the article after the jump to see why #RFID technology truly is a game changer for #retailers and nearly all industries handling large quantities of inventory: https://bit.ly/3K47Ncu Did you know TDX Tech can #procure, #deploy, and #install the latest #retail technologies, like RFID, at all your brick-and-mortar locations? Learn more: https://bit.ly/44IjZZX #doITsmarter #TDXNews

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Interesting recent data from the eMarketer US Retail Loyalty Programs 2024 report. "Personalization is table stakes". https://lnkd.in/gNe9j5VB Key insights from the report by Sky Canaves : 1. Economic challenges are testing consumer loyalty: "Inflation and ongoing economic fallout from the pandemic have challenged consumers' loyalty to specific brands and retailers in the past several years." 2. Brands are responding with formal loyalty programs: "More brands and retailers are launching formal loyalty programs that will keep shoppers coming back while yielding valuable customer data." 3. Personalization is crucial for standing out: To truly differentiate, retail loyalty programs must focus on enhanced personalization, meeting consumer needs and expectations on a more individualized level while at the same time delivering enduring, real value. At Kigo, we're addressing these opportunities head-on. Brands use our innovative platform to deliver targeted, personalized rewards that surprise and delight customers, and move beyond transactional rewards to create meaningful, individualized experiences that strengthen customer connections and brand loyalty. What's your take on personalization in loyalty programs? Have you experienced a reward or other kind of benefit that felt truly tailored to you? I'd love to hear your stories! #CustomerLoyalty #Personalization #RetailTrends #LoyaltyPrograms #DigitalExperience

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⚙️ Eliminate Manually Routing Online Orders to Your 'Best' Stores to Fulfill. 🏬 #Retailers need to leverage their technology to get #onlineorders out the door faster. 📦 #SMBretailers with multiple stores are in a great position to maximize their #eCommercefulfillment. 🚚 They can use their #retailtechnology to determine which location is the best to fulfil orders from based on automated factors in the #businesssoftware. 🌐 With proper execution, they can #saveonlabor since the system does the hard work for them and allows employees to get more done instead of determining routing manually. 🔁 This #technologyautomation works in the reverse too. The #retailsoftware can split shipping & receiving to the stores that are best suited to sell products on a case-by-case basis. 🧠 🔔 Be sure to subscribe, follow us, and turn on notifications for weekly retail tips and tricks to optimize your business operations! https://lnkd.in/g5fGW7ie

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