Sentences with phrase «using omnichannel»

The retail companies behind MegaX have served more than 10 million customers and will use an omnichannel approach in spurring real - world adoption of MGX.

Not exact matches

The development of omnichannel shopping through the use of mobile has been a boon to retailers who leverage mobile to support in - store sales.

He adds, don't let use of a buzzword like «omnichannel» mask a lack of focus that stands between you and doing the work you need to grow your channel.

For investors bargain hunting in the beleaguered sector, industry analysts recommend a relatively simple formula: Seek out companies that have low debt, that are growing their omnichannel presence (the term that is used to describe retailers» ability to serve customers either in - person or online), and that didn't expand too fast during the mall boom of the 1990s and 2000s.

By leveraging technologies such as radio frequency identification (RFID) tags to drive inventory transparency (a key tenet of omnichannel success), Lululemon uses stores as distribution centers to optimize the supply chain and improve inventory turns while enabling an elevated in - store experience for educators and guests.

One of Alibaba's important goals for the 11.11 festival is the use of omnichannel solutions to reduce the time it takes to deliver goods that shoppers have been ordered online.

During a press conference today in Beijing, Alibaba Group President of China Retail Marketplaces Jeff Zhang said the company hopes to use the 11.11 festival — the largest online shopping sale in the world — to encourage brands and retailers make the transition from traditional to omnichannel retailing by combining the strengths of the online and offline shopping experiences.

The focus likely will continue to be on the evolution of the omnichannel shopper and alternative uses of retail spaces.