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Robots in retail: Balancing automation with the human touch

Inside Retail

The line between automation and human interaction must be carefully managed, or customer satisfaction may take a hit. On the other hand, if workers feel sidelined by machines that are overstepping into areas requiring human judgement, it can foster a sense of displacement and fuel disconnection to their purpose for work.

Balance 130
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AI-powered inventory: The smarter way to balance stock and boost sales

Inside Retail

Managing inventory in hard goods retail is a constant balancing act. Retail environments are highly competitive right now, making inventory management more than just a back-end function its a critical driver of sales, customer satisfaction and financial health. Yet, traditional inventory planning methods struggle to keep pace.

Balance 130
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How LSKD’S PR powerhouse Bree Masters balanced a retail career and Olympic dream

Inside Retail

Working as a manager at Boost Juice, I developed my leadership abilities. I work 25 hours a week, managing communications with our community and the media to build and maintain a positive brand reputation. One major hurdle was balancing my commitments as a professional athlete with my job at LSKD, and my social media presence.

Balance 130
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The Reject Shop plans more stores as sales surge

Inside Retail

Fisher added that the company’s balance sheet remains strong, with $49.9 The company is investing in other initiatives across the business, including in supply chain, technology, infrastructure and warehouse management, he added. million in cash and no drawn debt as of June 30. The Reject Shop posted record sales of $852.7

Planning 278
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Myer’s strategic moves suggest the future of retail is consolidation and loyalty

Inside Retail

Under Wirth, Myer has hopefully redefined its strategy, streamlining operations for a balanced omnichannel approach,” Nick Gray, the founder of I Got You Consultancy, told Inside Retail. In his view, successful brands are those that answer the customer’s question, or in other words, meet the customer’s demand. “If

Apparel 252
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Small business finance: Five tips for managing cash flow effectively

Inside Retail

We get that running a business is a constant juggle, and managing cash flow can be tricky. Unlike larger companies with a steady stream of income, smaller businesses may find themselves in a constant balancing act. Inventory management software or a simple forecasting system can be a valuable tool to manage this.

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BMG brings Juicy Couture Kids, New Balance Kids, more big brands Down Under

Inside Retail

billion brand US Polo Assn, followed by childrenswear lines in the BMG portfolio, including New Balance Kids and Juicy Couture Kids. Coming to Australia The Australian launch and establishment of a local office will serve as a launchpad for other international markets across the Asia Pacific region. First up is the US$2.4

Balance 259