Retail Archives - MSM Solutions

How to Setup RFID Inventory Management Solution for Small and Medium Retailers

As we step into the future of retail, RFID inventory management systems have made it possible for a variety of large scale retailers to easily track all aspects of their inventory. Recently, the well-known firm, McKinsey & Co. created the “retail store of the future” to further explore the many ways in which RFID technology can be useful within the retail sector. The store is called Modern Retail Collective and the goal of the store is to evaluate newer technologies such as fit predictor software, [...]

By Brett Wilkerson Apparel Solutions, Retail

McKinsey & Company Opens Its First Retail Store in Collaboration With Mall of America

Store Signals Brick-and-Mortar Is Critical to the Future of Retail MSM provides its EPC Printing and Encoding Solution to “Modern Retail Collective – Store of the Future.” This RFID solution enables tagged retail items to be detected, located, identified, and counted instantaneously without the need to manually scan each item. McKinsey & Company, in collaboration with Mall of America, today announced the launch of its first-ever retail concept — Modern Retail Collective, a live retail space in Mall of America. The space [...]

By Brett Wilkerson Apparel Solutions, Retail, RFID

Do Small Retailers Need to Implement Omnichannel?

Growing numbers of small retailers and brand owners are leveraging item-level RFID solutions to support omnichannel processes, but is it a fad or something that’s becoming necessary for businesses in the industry? The short answer is: yes. Omnichannel models — and the technology to support them — are necessary for retailers that want to complete in 2018 and beyond. Retailers that don’t embrace the changing consumer models and understand that brick and mortar alone isn’t always enough won’t be able [...]

By Brett Wilkerson Apparel Solutions, Blog Posts, Omnichannel, Retail, RFID