Retail Management Blog
Explore Trax’s latest resources, blog posts, client success stories and webinars that will help make an impactful difference to the retain management strategy of your organization. From how to guides and solutions relating to the retail and CPG industry, to all the latest retail news and sector developments, Trax’s retail management blog covers all the areas that you will need to improve the bottom line of an organization and help optimize its retail management implementation.
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Shoppers either walk into a store with the intention of buying something specific, or just stroll around to pass the time and maybe find something they suddenly desire – whe...
A perfect store strategy allows brands and retailers to create an enhanced shopping experience that helps shoppers find what they are looking for quickly and trigger impulse purchases. Find out how to create the perfect store program.
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Lorant Csonka is a Mobile Developer, originally from Hungary but currently working with the CPG Development team in the UK. When he’s not busy developing an app used by thousand...
Lorant Csonka is a Mobile Developer, originally from Hungary but currently working with the UK team. When he’s not busy developing an app used by thousands every day, he is probably out there road-tripping and exploring the British countryside.
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1 promotion displayed incorrectly, 1000’s of products unsold, $100,000’s of revenue loss: This is the Butterfly Effect.
One simple problem on the shelf has a huge impact on you...
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Retail has changed immeasurably over the last few years, yet many companies are still using merchandising agencies that follow the methods of the last century and provide only ‘f...
The rapid changes brought about by Covid-19 revealed the limitations of traditional merchandising agencies, which are not geared to respond rapidly to changed circumstances and demands. Trax Dynamic Merchandising leverages image recognition to direct a merchandising field workforce, enabling it to respond rapidly and precisely while keeping shelves stocked, and customers happy.
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COVID-19 led to supply-chain and inventory management difficulties for brands and retailers alike. While some brands and retailers struggled to cope, others embraced technology and...
COVID-19 led to supply-chain and inventory management difficulties for brands and retailers alike. While some brands and retailers struggled to cope, others embraced technology and innovative services to overcome the challenges.
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The retail market went through a dramatic change as the pandemic raged around the world in the past year and a half. In response, some retailers and consumer packaged goods (CPG) b...
At the Trax Retail Renaissance 2021 roundtable, retail experts shared some of the recent trends in the industry and gave advice on how successful brands and retailers should respond in today’s climate.
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Retail is currently undergoing a major disruption. To succeed, brands need to inspire shoppers, embrace risk, and adopt new technology. Those were some of the key takeaways from th...
5 key takeaways from the Trax Retail Renaissance virtual roundtable held on 15 April 2021, where a panel of six distinguished retail experts, moderated by CNN anchor Richard Quest, discussed some of the most important trends and challenges retailers face today.
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https://traxretail.com/wp-content/uploads/2024/08/Fundraising_High-Res.mp4
I am excited to announce that Trax has secured $640 million in a Series E financing round led by SoftBank...
Trax has secured $640 million in financing led by SoftBank Vision Fund 2 and technology-focused funds managed by existing investor BlackRock, Inc. This Series E round of primary and secondary capital also includes support from new investors OMERS, one of Canada’s largest defined benefit pension plans, and Sony Innovation Fund by IGV.
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Competition from e-commerce players and pandemic-related movement restrictions have severely affected physical retail. Global consumer packaged goods (CPG) giant Unilever leveraged...
Unilever leveraged the crowd-based store auditing service with help from image recognition technology to ensure consumers could find and buy their products once they stepped into brick and mortar stores.
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COVID-19 has accelerated many recent consumer trends. The Future of Retail-Tech: Emerging Landscape in Israel report from Deloitte discusses eight of them and how retailers and man...
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In our quest to find out how the analytics and insights space is evolving in the consumer packaged goods (CPG) industry, we recently spoke with some trail-blazing analytics executi...
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In-store promotions have forever been used as a growth lever in the physical retail world. For manufacturers, promotions may account for as much as 25 percent of gross sales.
While...