Know Your Stores Blog

One of the most time-consuming tasks that retailers face is keeping track of all of their store-level assets. Yet when you think of what you have invested in your network – from security systems, POS systems, foodservice equipment and coolers to displays and more – can you really trust a spreadsheet of serial numbers or […]

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Tracking countless projects across hundreds of stores? No wonder your capital budgeting process is such a lengthy, time-consuming process. If only there were a way to automate it so you didn’t have to wait on reports from the field and comb through endless spreadsheets. Oh wait. There is. A store intelligence platform is the better […]

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Sustaining a competitive advantage is key to retail success. So retailers often decide to grow through the introduction of new products and services. The decision to add new offerings requires a keen understanding of your stores – well enough to know what works and what doesn’t. You could devote an entire team to conducting your […]

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What’s the first thing a customer notices in your store? The environment, especially your fixtures and displays. Do they make your store look modern and inviting? Do they set the mood for an easy and enjoyable shopping experience? Research tells us that up to 70% of customers make their purchase decision on the spot. No […]

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Beat Amazon at Its Own Game

How Store Technology Empowers Your Growth Strategy At the heart of Amazon’s operation is technology that allows the retail leader to meet its consumers’ ever changing needs. They’ve learned to rely on data to better understand demographics and socioeconomic factors. Brick and mortar retailers seem to think this is an advantage that only e-coms could […]

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New retail store concepts are being built on a “lean and mean” model, with a trend towards smaller size formats. This is great for adapting to more urban environments where millennials live and shop. It’s not so great for your merchandising department. With different-sized stores across the country, it can be hard to hit upon […]

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Your brand strategy is only as good as its execution in store. And this is where even the best retailers struggle. When you want a timely, consistent rollout and communication is critical, static and silo’d solutions (e.g., Excel spreadsheets, memos, emails) just don’t cut it. Short term, these methods can result in less productivity and […]

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Are your internal processes restricting collaboration? Is slow response time undermining your marketing strategy? With the introduction of new marketing channels and competition, as well as pressure to demonstrate even greater ROI, there’s no better time for marketers to consider a change. But you don’t have to change your management style. You just need to […]

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Whether you’re looking for ways to reduce shrink or comply with regulatory requirements, a rigorous store-level audit process is critical to protecting and substantiating company assets. But store audits definitely have their challenges: Traditional methodologies include a visit from internal auditors or the loss prevention team who complete a formal audit plan. This leads to […]

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If you don’t know the term “data silo,” I’m sure you know the feeling. It’s the inability to find the store information you need when you need it. I’ve heard the horror stories: “I spent six weeks combing through all of our store spreadsheets and still didn’t know if the data was up to date. […]

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