Optimum Retailing (OR)

Nearly half of holiday shoppers plan to shop in stores. That's according to a recent article by Tatiana Walk-Morris published in Retail Dive (https://lnkd.in/grFvbet4) and based on a new Experian survey of 1,000 U.S. consumers. And that's true across all age demographics: the survey reports that half of baby boomers, 46% of Gen Xers and millennials, and 44% of Gen Z shoppers said they will shop in physical stores this year. We all know online shopping is convenient, but well-run brick-and-mortar stores can deliver far superior holiday shopping experiences: ➡ Well-trained sales staff that can help shoppers find what they need; ➡ Effective merchandising displays can inspire gift ideas for those hard-to-buy-for loved ones; ➡ Efficient store layouts can ensure space is available for holiday-themed experiential activations that motivate shoppers to buy. Retailers that use Optimum Retailing (OR) have a built-in advantage when it comes to getting their stores ready for holiday sales. And if you're a multi-unit retailer who wants the gift of higher sales for your next holiday season, visit ORforMore.com to book a demo and see how we can help you achieve more with your store. #BrickAndMortar #Retail #Holiday #Shopping #Experience

The Backbone of Retail Success? 🛍️ Inventory Management! In today's fast-paced world of retail, efficient inventory management is more crucial than ever. Whether you're a small mom-and-pop store or a global retailer, maintaining optimal stock levels is critical to: ➡ Avoid stockouts: Frustrated customers mean lost sales. ➡ Reduce costs: Overstocking ties up capital and can lead to markdowns. ➡ Streamline operations: Efficient inventory management can reduce labour costs and improve overall efficiency. ➡ Improve customer experience: Having the right products in stock at the right time boosts customer satisfaction and loyalty. If you're a multi-unit retailer that wants to improve how you manage the inventory in your stores and improve your customer's in-store experience... ... you'll want to visit ORforMore.com. #BrickAndMortar #Retail #Inventory #InventoryManagement

Optimum Retailing was honoured to support the Canadian Arts & Fashion Awards this past weekend. We presented the Emerging Talent award, recognizing incredible designers including Michael Jafine, Fumi Egbon, Golnar Ahmadian and Mario Fugnitto. The award was given to Jontay Kahm, an exceptional designer from Canada's Indigenous Plains Cree community and an MFA student at Parsons School of Design - The New School. Congratulations to all the nominees and winners at this year's awards! And kudos to the whole CAFA team, lead by the amazing Vicky Milner. #CanadianFashion #Fashion #Retail #EmergingTalent #IndigenousArts #CAFA

RFID is an exciting key that unlocks advanced operational efficiencies and a superior customer experience for brick-and-more retailers. Even better, it does so in a privacy-compliant way. Our article in Retail TouchPoints shares actionable examples of how RFID protects customer privacy while making shopping experiences smarter and more satisfying. #RFID #Retail #BrickandMortar #CustomerExperience #RetailTech #CustomerPrivacy

Want to give your customers a shopping experience they won't forget? 🛍️ Leverage technology to enhance your brick-and-mortar store! Here are a few ideas: ➡ Smart shelves & RFID Technology: Keep track of inventory levels in real-time, ensuring your shelves are always stocked. ➡ Interactive displays: Engage customers with product information, reviews, and even virtual try-ons. ➡ Personalized recommendations: Use customer data to suggest products they might like, increasing sales. ➡ Mobile apps: Offer in-store navigation, loyalty programs, and mobile checkout for a seamless experience. By implementing tech-driven solutions, you can create a more efficient, enjoyable, and personalized shopping experience for your customers. What tech are you already using in your store? Share your experiences in the comments! #BrickAndMortar #Retail #Technology #CustomerExperience #RetailTech

What’s the winning formula for a loyalty program? (Hint: it's not points or discounts.) It's DATA. As Rosalyn Page reports in a recent Retail Dive article (https://lnkd.in/eQ7wWyRq), well-executed loyalty programs "lean into their customers’ interests and preferences". The article cites SEPHORA, Famous Footwear, and PetSmart as three companies whose loyalty programs work exceptionally well due to the effective use of personalization. And what do retailers need to achieve effective personalization? DATA! That's not just true of loyalty programs. When it comes to retail, better data usually leads to better results. And if you're a brick-and-mortar retailer who wants to get more out of your in-store data, visit ORforMore.com. #BrickandMortar #Retail #Data #Personalization

Spirit Halloween wants to wish you a Merry Christmas! According to Retail Dive, the specialty retailer historically focused on Halloween will test 10 "Spirit Christmas" locations in the Northeast US this fall, with the first store opening today in Mays Landing, New Jersey. (Some Spirit Christmas stores will transform from Spirit Halloween stores... which might explain why the other nine locations will open in early November.) #BrickAndMortar #Specialty #Retail #Halloween #Christmas #Inventory P.S. You can read the full article here: https://lnkd.in/e4EgvEmy

Optimum Retailing is so proud to support Canada's emerging talent through the Canadian Arts & Fashion Awards. We love watching up-and-coming designers grow their presence across the retail world. At OR, we understand the challenges brands face creating flawless retail experiences and look forward to supporting this year's exceptional group now and in the future. #CAFA2024 #Retail

Can AI-generated videos help retailers sell more? Amazon seems to think so! They recently announced a new AI Video Generator and claim that, by using just a single product image, the tool will curate "custom AI-generated videos tailored to a product's distinct selling proposition and features, leveraging Amazon's unique insights to vividly bring a product story to life." The good news: one day, this could help retailers create cost-effective content that effectively showcases their products. The bad news: based on the demo videos Amazon offered on its website (which you can watch here: https://lnkd.in/dXswbs48), that day is not today. So how can retailers effectively use AI to sell more TODAY? Optimum Retailing (OR) leverages the power of AI to help retailers effectively manage their inventory to ensure products are in the right place at the right time when customers are looking to buy. If you're a brick-and-mortar retailer that wants to use AI-powered technology to decrease costs and increase sales, let's have a conversation. #BrickAndMortar #Retail #AI #Technology

Data-driven insights = smarter assortment planning. 🧠By tapping into data analysis and tools for planogramming and heat mapping, you can optimize your in-store experience, drive more sales, and improve operational efficiency. Find out more: https://hubs.la/Q02T2ZcJ0 #AssortmentPlanning #RetailTech