One Door

$125 BILLION. In case you didn't hear, that’s how much poor #VisualMerchandising costs retailers every year. Join us on?Jan. 23, 2025, at 12:30 PM EST, for a webinar + Q&A with experts who can transform this #Retail challenge into a growth opportunity: ???Neil Saunders?– Retail Analyst, GlobalData Retail ???Tom Erskine?– CEO, One Door ???Timothy Peterson?– Retail Expert Register now ?? https://bit.ly/4jirVrE

People sometimes scoff at pictures of poorly merchandised stores. It's equally easy to dismiss things like locked-up merchandise or consistently long lines at registers. However, these things matter because they ultimately help determine where people shop. When the economy is robust and spending growth is surging, it's easy to overlook the impact or poor operations as defecting shoppers and lost spend are replaced with relative ease. That isn't the case in a tighter economy, which is one of the reasons we are seeing some shabbier results from companies like Target. Basically, their missteps in many areas of execution are coming home to roost. The diagram below is from some research we did with One Door on the cost of poor merchandising. Almost half of customers abandoned at least one trip during 2024 because of this. I also chatted with Fortune about the matter in the context of Target's results. Link in comments. #retail #retailnews #lostsales #loyalty #merchandising #stores

Choose your #Retail segment and find out your shoppers' biggest #VisualMerchandising frustrations, according to our new report with GlobalData Retail ?? ?? Luxury: https://lnkd.in/eYB8ewF7 ??? Mid-Market: https://lnkd.in/ekq6_swr (Calling all grocers! ??) Needs-Based: https://lnkd.in/e5yc-da5 ??? Discount: https://lnkd.in/eRpMKDWA

C-stores: If your shelves are messy, customers notice. And it may be costing you. Here are some tips to help from One Door, Mike Jones, Brandon Beil, Donna Hood Crecca and Jeff Taylor. Read Chuck Ulie's story here ?? https://lnkd.in/gqptV6DV

Hard-to-find products put retailers at risk of losing sales, according to a report from GlobalData Retail and One Door. Explore the data and how effective visual merchandising can boost sales and customer loyalty below via Drug Store News:

#AI is transforming. AI is redefining. AI is revolutionizing. But how? And what does it mean for #VisualMerchandising? In this quick read, you'll discover: - Top AI/ML trends?transforming stores today ?? - Real-world examples?from globally recognized retailers ?? - Practical strategies?to future-proof your merchandising approach ??

More time for our customers: A smarter way to manage our shops. First impressions matter. That’s why we’re enhancing the in-store experience with ?One Door??– our new cloud-based visual merchandising tool. By digitising and automating manual processes, Sunrise customers are able to find the products and promotions they’re looking for quickly and easily – ensuring a seamless shopping experience. With ?One Door?, everything from visual merchandising to store communication is streamlined, giving our teams more time to focus on what truly matters: our customers. This means faster service, better organisation, and an even more enjoyable shopping experience in all our stores across Switzerland. Read more here:?? ?? https://lnkd.in/ddyx6kUT?

Are you struggling with complex workflows, outdated spreadsheets/PDFs, and communication silos in your #RetailPlanning? Learn how to streamline and elevate your #VisualMerchandising strategy with One Door ?? https://bit.ly/4jun2fp In this?exclusive deminar, Matthew Marra will provide an insider's look at our cutting-edge platform. ?? Don’t miss out on this live opportunity to learn how we can transform your #RetailOperations.

In today’s fast-paced #retail environment, effective #visualmerchandising is critical to driving in-store sales. However, according to a study conducted by GlobalData Plc and visual merchandising software provider One Door, a staggering loss of $125 billion in the #USretailsector is due to poor merchandising practices. This loss is attributed to unsatisfactory displays, confusing store layouts, and hard-to-find products. According to the study, nearly 50% of consumers have exited stores without making their intended purchases due to poor visual merchandising. A striking 73.4% of shoppers expressed dissatisfaction with the in-store displays they encountered in the past year. This issue leads to a significant 3.3% annual loss in sales for brick-and-mortar outlets. Here are the key findings: 1?? Mid-market stores face the biggest impact, with chaotic displays and elusive products leading to a loss of $54 billion in revenue. 2?? Discount shoppers show just a 51.5% chance of revisiting stores with substandard merchandising. 3?? The most common frustration? Hard-to-find products (33.3%) and disorganised displays, which continue to frustrate a significant number of customers. Neil Saunders, Managing Director at #GlobalData, comments: “#Consumers today are time-poor and have little tolerance for messy displays and hard-to-find products. #Retailers that neglect visual merchandising are driving customers to seek alternatives, including online shopping.” The findings show that visual merchandising is more than just aesthetics—it is a vital part of the customer experience and a key driver of revenue. Retailers need to take this seriously or risk losing customers to competitors, including online retailers. Want to dive deeper into the latest retail trends and strategies to improve your store's performance? Reach out for more insights into the current retail landscape and how visual merchandising can help you recover lost revenue. #Decodethefuture with GlobalData Plc GlobalData Retail Neil Hendry Russ Milburn Ivan Izus Torossian Cecily Mejia Jangoulun Singsit #Merchandising #CustomerExperience #Sales #BusinessInsights #RetailTrends #GlobalData

Demographic analysis reveals that younger consumers are most inclined to abandon a store due to poor merchandising. https://buff.ly/3PMi14d One Door GlobalData Retail #fashionretail #merchandising