The ChainDrive Blog

ChainDrive News & Events, Retail Technology Insights, Tips for the Retailers and Much More!

optical inventory management

Optical Inventory Management: What Every Optical Store Owner Needs to Know!

August 1, 2022

Inventory management is one of the biggest challenges an optical store owner faces in managing the store. Inefficient inventory management can directly impact consumer satisfaction, thus impacting your business. It might also cause chaos in your optical store and turn into a long-term situation causing business losses. Seamless inventory management is the backbone of running […]

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retail tech strategies

6 Pivotal Tech-Powered Strategies Shaping the Future of Retail

July 12, 2022

Retail is being disrupted by technology, much like almost every other sector of the economy. While online e-commerce has grown rapidly in recent years, brick-and-mortar retail remains an essential part of the modern consumer landscape. And yet there are many indications that traditional brick-and-mortar retail will continue to be impacted by digital innovation. As more […]

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how to deal with inflation

The Impact of Inflation On the Retail Industry and Consumer Behavior: How to Overcome it?

July 4, 2022

Retail sales slowed in May as consumers faced continuing inflation and its impact on the cost of everything from groceries to gas. Consumers are changing their shopping behavior in the face of rapidly rising prices. According to a recent NRF study, almost half of consumers are switching to cheaper alternatives and are more often looking […]

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8 Key Challenges Facing the Jewelry Industry Today – And How to Overcome Them

June 27, 2022

Jewelry retailers looking to accelerate their recovery strategies in the post-COVID black swan must make bold decisions to prepare for the new normal. This means conducting due diligence on their existing retail strategy and business models as they must look for ignored blind spots and key challenges facing the jewelry industry. The jewelry industry will […]

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Omnichannel Inventory Management

Top 7 Omnichannel Inventory Management Challenges for Retailers

June 14, 2022

As consumers begin to expect a convenient omnichannel shopping experience, the use of alternative fulfillment options such as click and collect or same-day delivery is steadily increasing. Now, it’s vital to give customers what they want, when they want it, and where they want it. Yet this level of customer-centricity puts tremendous pressure on retailers […]

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10 Sporting Goods Industry Trends Shaping the Retail Landscape

June 7, 2022

The sporting goods industry continues to evolve amidst increased health awareness, changing channel preferences, and growing concerns about sustainability. Merchandising is the art of showcasing your products to sell more. It’s not just about putting products on the shelf, but it does entail that. For sporting goods retailers, selling more products doesn’t necessarily mean balls […]

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