Retail TouchPoints

JULY 26, 2022

With rising gas prices, food shortages, skyrocketing interest rates and ever-present inflation, consumers are worried and that means retailers are worried, too. We’re already seeing online shopping demand level off , with consumers finding a new balance between digital and physical channels. Loyalty Shifts to Value.

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Inside Retail

SEPTEMBER 2, 2021

The brand launched in the UK and Germany last year and recently opened a local warehouse in Australia to facilitate faster shipping. Inside Retail: Your website relaunch in 2019 sounds like it was a big turning point for the business. with over 90 per cent accuracy, without ever seeing the consumer’s face.

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Retail TouchPoints

MARCH 17, 2021

from 2019, totaling $188.2 This massive increase put significant strains on the supply chain as well as shipping and delivery. Even though retailers’ shift to all (or mostly) ecommerce came abruptly last March, consumers still felt the effects of the disrupted supply chain months later.

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Inside Retail

JULY 25, 2021

Historically, the art world has been synonymous with exclusivity and for the most part, inaccessible to a mass consumer base,” Tom Woodger, vice president of cultural marketing at StockX, told Inside Retail. “In billion globally in 2019, or just over 7 per cent of the overall art market. The rise of the art-lennial.

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Retail TouchPoints

DECEMBER 7, 2020

27) dropped considerably in comparison to last year. Overall, the four days from Thanksgiving through Sunday were down -49% compared to 2019. Black Friday, on the other hand, hurt — with only half as much traffic as in 2019. This means that the drop in Black Friday traffic may benefit other, later dates before New Year’s.

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Retail TouchPoints

DECEMBER 3, 2020

Digital will continue to be the star: Although Black Friday spending was lower than Adobe’s projections, consumers still spent a total of $9 billion online, making it the second-largest online spending day in U.S. Consumers spent $10.8 Shopper Yield data revealed that spend per consumer increased 36.3% over the 2019 holiday.

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Retail TouchPoints

JUNE 15, 2021

As more consumers are vaccinated and COVID restrictions begin to ease, the key questions many retailers will be asking are what will consumers want to buy, and how can they make sure they have the right product, in the right place, as consumers start to resume some of their pre-pandemic activities? Know Where Your Product is.

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Retail TouchPoints

AUGUST 1, 2023

External economic factors, such as fluctuating interest rates, an unpredictable housing market and persistent inflation have prompted consumers to rethink their spending habits. Faced with shifting economic and consumer dynamics, retail leaders strive to unlock strategies that turn losses into profits. In 2019, it declined to 6.7%

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Retail TouchPoints

FEBRUARY 4, 2022

Fellow tech behemoth Meta, formerly known as Facebook, made headlines for its stock’s 27% dive after its Q4 earnings were announced — the biggest single day drop in value in the U.S. stock market’s history. Since 2018 in the U.S., All About the Advertising. The fact that Meta’s advertising profits decreased from $11.2

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Inside Retail

JUNE 16, 2021

Returning cotton garments to the farms on which they began would completely close the loop on a cotton product, providing a win for brands, retailers and consumers looking for circular solutions, and a possible benefit to our farmers, their soils and the planet. And fibres don’t have to be shipped offshore.

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Retail TouchPoints

FEBRUARY 10, 2021

The stores would include integrated online-to-offline capabilities as part of a digitally empowered phase of Nike’s Consumer Direct strategy , the Consumer Direct Acceleration. Consumers get a high degree of flexibility to discover the best of Nike, online or in-store, at their own pace.

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Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. Richard Maicki. Keith Jelinek.

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Retail TouchPoints

FEBRUARY 5, 2024

And yet that’s exactly what Amazon is doing with its Ships in Product Packaging (SIPP) program, which, as the name suggests, allows products to ship in their original box or bag without any added Amazon packaging. Then in 2019, the program was expanded to Amazon’s retail vendors. and Canada. and Canada.

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Retail TouchPoints

JULY 3, 2023

debut in 2019 through the acquisition of KicksUSA , which gave the retailer access to 63 stores and an ecommerce platform. We are very focused on getting physically in front of our consumer, and i n Europe the strategy there is around very niche markets like dance, BMX, etc. European lifestyle brand Snipes kickstarted its U.S.

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Retail TouchPoints

OCTOBER 21, 2021

In the world of ecommerce, Google is a bit of an anomaly: while a relatively minor player in the marketplace landscape compared to giants like Amazon and eBay , it is at the same time central to the shopping journeys of millions of consumers every day. That’s a drop in the bucket compared to Amazon’s 1.7

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Retail TouchPoints

SEPTEMBER 9, 2020

Consumers stuck at home have had the time to thin out their wardrobes and make room in the garage — along with strong financial incentives to turn their possessions into cash. With consumers seeking bargains from home, online secondhand is set to grow 69% between 2019 and 2021, while the broader retail sector is projected to shrink 15%.”.

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Retail TouchPoints

AUGUST 22, 2022

We share a lot of the data and we move consumers into their full-price environment ,” explained Grover. “I’ve And because we’re marketing to a different consumer, we open up our customers to their brands. It’s a very symbiotic relationship that no other marketplace does today, not a single one.”. “I’ve

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Retail TouchPoints

JUNE 10, 2020

Consumer-friendly and flexible return policies can be the difference between getting a new customer and losing a sale. Furthermore, 56% of consumers report buy online/return in-store (BORIS) options to be very important, while 72% of consumers report the ability to initiate returns online to be very important to their purchasing decision.

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Retail TouchPoints

SEPTEMBER 22, 2022

It’s really the tale of two years ,” said Matt Kramer, National Sector Leader, Consumer and Retail for KPMG US. We were still in the pandemic, and I don’t think consumers really knew how long it was going to last, and that created uncertainty during the holiday period. Retailers remain bullish despite the headwinds.

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A1 Retail

JULY 13, 2021

UK independent parcel carrier Yodel has launched a new consumer-to-consumer service, via Yodel Direct, following a record year of growth for online retail. Customers will be able to ship parcels up to 60x50x50cm and weighing up to 10kg.

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Retail Focus

APRIL 7, 2022

For many independent retailers in the UK, 2020 hid a lot of the post-Brexit trading cracks as their domestic sales skyrocketed during periods of lockdown when consumers were forced to stay at home and took to shopping more online. There are rules in place as part of EU trade deals that allow you to recover customs costs – tariff free.

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Inside Retail

NOVEMBER 18, 2021

Much of this growth is now being fuelled by the implementation of new technology on a massive scale, including live streaming, LED and holographic display technology, autonomous vehicle technologies, augmented reality and the integration of the social ranking system into the algorithms that influence consumer behaviour. personal care. ?

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Inside Retail

MARCH 15, 2023

Increases in cost of shipping both for raw materials inbound to Brazil plus outbound finished goods to our markets were a big factor for some of 2021 and much of 2022, but things have mostly normalised now,” he added. As shipping rates reduce it is important for businesses to have a dynamic view on their costs,” he elaborated.

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Cisco Retail

APRIL 22, 2021

In December 2019 we created a cross-functional team who kicked off a 90-day sprint to rebrand the existing takeback program, simplify the returns process, increase use of our Send IT Back app, and raise awareness among our customers and partners. Well, we all have connected mobile devices and use applications on a daily basis.

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Inside Retail

SEPTEMBER 14, 2022

2022 has been a busy year for Tumi, with a host of new product launches, a new global advertising campaign and several collaborations with famous celebrities all hitting the market in a bid to drive consumer demand for high-end luggage as the luxury travel industry starts picking up. The APAC market.

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Indigo 9 Digital

MAY 17, 2022

One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. In 2019 Foot Locker invested $100 million in resale platform GOAT, its largest investment ever at the time. StockX is now valued at $3.8

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Wiser

APRIL 7, 2020

According to a 2019 study by retail think tank Coresight Research, retailers in 2018 completely missed out on roughly $300 billion in revenue, or 12 percent of total retail sales, due to markdowns. For example, prices ending in a nine tend to be more attractive to consumers than any other number. Don’t believe us?

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Retail Gazette

NOVEMBER 23, 2023

More retailers have since jumped on the bandwagon, with some entrants like Boots’ No7 advent building a waiting list of up to 226,000 people back in 2019. Consumers are also drawn to the value for money they represent. Consumers are also drawn to the value for money they represent. But what makes them so popular?

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365 Retail

AUGUST 3, 2021

Store sales tumbled 41%, while revenues from shows dropped by 59%. Garden Trading has been a leading seller on its Friends Of Joules online marketplace since it was launched in 2019. This helped offset a hit to sales through stores and public events, such as country shows, which plunged from £63.2 million to £36.6 It now boasts 1.7

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Indigo 9 Digital

MARCH 9, 2023

Consumers love shopping online but what they really want is control. Be honest, before the pandemic weren’t you were part of the vast majority of consumers that had never tried curbside pickup? This service is also beneficial for consumers worried about their goods being stolen after they are dropped off. More than 1.7

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Inside Retail

APRIL 27, 2022

My Gucci Marmont bag from Vestiaire Collective has shipped. Single Mum school drop off duties for my Gen Z daughter before hitting the desk for work. Harvard consumer researcher Professor Susan Fournier would say that our brands are akin to our best friends, acquaintances, lovers, and dalliances. Definitely pre-Covid.

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Inside Retail

JULY 10, 2023

Japan’s department stores bear a striking resemblance to cruise ships: they’re big, luxurious, move glacially and serve an ageing customer. And only a small part of this productivity growth was ‘survivor bias’, the tendency of productivity to increase among the survivors as weaker stores are closed and drop out of the survey.

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Retail Gazette

OCTOBER 5, 2023

With the cost-of-living crisis at the forefront of shoppers’ minds, it’s no surprise so shoppers have jumped ship from the traditional big four supermarkets to discounters. It ultimately chose not to pass on these cost increases to consumers, but invested instead in keeping prices low” Indeed, Lidl added more than 1.4

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VMS

APRIL 7, 2021

(PRESS RELEASE) WASHINGTON – The unprecedented surge of imports at retail container ports that began last summer is expected to continue at least through the end of this summer as retailers work to meet increased consumer demand, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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Indigo 9 Digital

SEPTEMBER 15, 2022

If you have a traditional retail business or a pure play eCommerce company then Amazon is a great model not just for how fast goods should be shipped but also for how to think differently about how to monetize your customer base. In those cases consumers would rather have a place where they can pick up their purchases.

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Retail Insider

MAY 25, 2021

The Great British Exchange offers a route to market for small and artisan British brands through partnerships with the likes of Ocado, John Lewis and Amazon while Street Bees runs focus groups that upend traditional market research procedures in favour of in the moment reaction from consumers. 2020 winner Infarm. 2020 winner Infarm.

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Rangeme

JUNE 28, 2021

Going forward, Bookout expects sales to drop off but remain strong, up 4% to 7% CAGR, over the next three to five years. “As If these products are labeled “natural” or “organic,” they’re even more appealing to many consumers, Bookout adds. launched its own online pet pharmacy, TractorSupplyRx.com. Pet premiumization.

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