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Why Stitch Fix is Focusing on its Human Stylists When Everyone Else is Talking About AI

Retail TouchPoints

While Stitch Fixs human-centered approach to AI hasnt changed since it was founded in 2011, the world around the company has changed dramatically. The customers Fix is shipped and they have three days to test out the items and select which ones they want to buy and which ones theyll return. explained Funderburk.

Returns 279
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Is it Time for RFID to Shine?

Retail TouchPoints

In 2021, the average cost of an RFID tag was four cents , down 80% from 2011, according to McKinsey. For instance, having accurate visibility into inventory counts can help retailers decide when it’s better to ship from a store versus a warehouse. As a result, IDTechEx expects 39.3

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Resilience Training: Small Business Innovation During a Recession

Retail TouchPoints

Their business is their baby, and they’ve poured their blood, sweat and tears into big-picture plans while eagerly embracing the day-to-day work. And to avoid possible delivery delays, using more than one shipping carrier builds resilience as well and allows you to maintain more control over your ability to serve your customers.

Shipping 279
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Beer Cartel invites consumers to buy up shares in the business

Inside Retail

There are also plans to introduce investor perks such as free shipping and discounted pricing on beer. In 2011, Beer Cartel purchased a bottleshop that had a storefront as well as a large warehouse where it could grow the online business. The website itself is such a big channel for us.

Consumer 231
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Making the Most of Store Visits Post-Pandemic

Retail TouchPoints

The pandemic challenged any retailer that “over-expanded” its physical footprint in previous years to right the ship and ensure its remaining stores were properly tailored to the target market. To do this, retailers can adopt the shopper yield metric conceived by RetailNext.

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Untuckit is Setting Sights on Expansion and Internal Visibility is Helping it Get There

Retail TouchPoints

The apparel retailer is expanding its brick-and-mortar footprint with plans to open at least 14 new stores in 2024, bringing its store count to nearly 100. We started Untuckit online in 2011, but retail has really been the backbone of our company since 2015,” said Chris Riccobono, Founder and Executive Chairman of Untuckit in a statement.

Wholesale 130
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Fast-growing Online Furniture Retailer ‘Bed Kingdom’ Opens New Liversedge Distribution centre

365 Retail

Established in 2011 by Ashley Hainsworth following an initial £400 investment, the idea was born from a university project before becoming a fully-fledged business. Expanding our logistics capabilities means we can streamline our processes to provide our customers with quicker responses and faster shipping times.