Retail TouchPoints

JANUARY 7, 2021

Sustainability is no longer a nice-to-have for retailers. It’s a must do if they want to meet consumers’ increasing demand for brands that prioritize environmental and social responsibility. According to Nielsen, the U.S. sustainability market is projected to reach $150 billion in sales by 2021, and nearly half of consumers say they would definitely or probably change their consumption habits to reduce their impact on the environment.

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Markdowns Promotions Consumer Planning 325

I Love Fashion

JANUARY 4, 2021

Fashion Digital Marketing Agency. The advent of technology and digitalization have collectively been a concrete reason for the evolution of Fashion Ecommerce. Like other industry verticals, the Fashion eCommerce Marketing retail landscape has also endured a tangible change. Enabling consumers across the globe to shop their preferred commodities by leveraging flawless online transactions.

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Retail Geek

JANUARY 8, 2021

A weekly podcast with the latest e-commerce news and events. Episode 250 is a recap of the holiday commerce season, an update on #shipageddon, and other news from December. Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook. ? ? ? ? ? This week we recap the commerce results for Holiday 2020 (including the data sources you can use to get a read for yourself), give an update on #shipageddon, and cove

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Shipping Consumer Fashion ATS 98

Frank Mayer

JANUARY 5, 2021

When I wrote the “ What’s in Store for 2020 ” blog last December, I could not have predicted what was to come in three short months. My closing statement promised a bright future for retail and the point of purchase industry in 2020. Instead, a worldwide pandemic shifted industry conversation from experiential retail and strategic partnerships to more simplified objectives like keeping customers and employees safe, store shelves stocked, and open signs lit.

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Customer Experience

Retail TouchPoints

JANUARY 4, 2021

The repercussions to the traditional retail sector in the wake of the COVID pandemic are well documented and experienced far and wide. However, as social distancing reduces footfall and revenue in physical shops, placing malls and main streets at risk, ecommerce is experiencing record levels of growth. In the coming years, this booming online retail industry is set to be revolutionised by high-performance technology that’s more commonly associated with video games than digital shopping: implemen

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Merchant Services Department Stores Shopping Management 317

Wiser

JANUARY 5, 2021

Why are some people willing to pay seemingly sky-high prices for certain items? In some cases, it could be they believe price and quality are intimately linked. Or maybe they want to splurge on something to show off to their friends, display their status, or simply treat themselves to a bit of luxury. The consumer psychology around luxury is fascinating.

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Marketing Consumer Returns ATS 88

I Love Fashion

JANUARY 6, 2021

Fashion Digital Marketing Agency. Inkloo is an online fashion marketplace endeavoring black-owned fashion brands to the enthusiasts who want to authenticate their wardrobe with captivating designer clothing. Founded by Dontaya Bobb, who has encountered a disconnect while entering the fashion industry and thus offering a perfect solution to the black designers for showcasing their brands while being an inclusive platform in the exclusive digital marketing in fashion industry.

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Fashion Marketing ATS 52

Retail TouchPoints

JANUARY 5, 2021

Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. In fact, the impacts of the most unique holiday in decades are still being felt: retailers should plan for continued shipping delays in the short term, and also continue to refine their omnichannel operations as they prepare for the rest of 2021.

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Drop-Shipping Returns Merchant Services Shipping 311

Retail Bound

JANUARY 6, 2021

Businesses are always looking for innovative ways to reach their customers. With an innovative marketing strategy, a business can improve brand recall leading to more customer loyalty and increased sales. Influencing marketing is one of the innovative strategies that brands have been using to reach and engage their customers. Studies show that close to seventy-five percent of marketers feel that influencer marketing is an effective way of driving quality traffic and leads, helping a brand increa

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Marketing Consumer ATS 52

RepslyBlog

JANUARY 6, 2021

While CPG brands across the globe were forced to re-examine the way they do business in light of the global pandemic, the Repsly team has stayed committed to continuing to improve our product and services in order to enable your field team to be as effective as possible in every key account. With that in mind, we’ve compiled a few of the top product enhancements that we rolled out in 2020 so you can make the most out of your investment in Repsly.

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Accounting 52

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Medallion Retail

JANUARY 5, 2021

What have we learned in 2020? I suppose the most critical thing we all learned from 2020 (aside from baking a mean soda bread from scratch or becoming experts at Zoom calls) is that nothing stays the same. Finding our. The post 2021 Trends to Watch and Why appeared first on Medallion Retail.

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Retail TouchPoints

JANUARY 6, 2021

Walgreens Boots Alliance will sell its Alliance Healthcare wholesale business to AmerisourceBergen Corporation for approximately $6.5 billion. The transaction will let Walgreens focus on its core retail pharmacy businesses, expand its offerings and accelerate progress on strategic priorities. Additionally, Boots and AmerisourceBergen will strengthen their strategic partnership by extending and expanding their commercial agreements.

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Wholesale 306

Shopper Intelligence

JANUARY 5, 2021

There are 3 types of Category Manager. Only one is of any real use. I’m not a classically trained Category Manager, I’m not sure many of us are. If you were lucky enough to be given formal training, or taught by someone who was, you’ll be familiar with the framework we all work to, more or less. If not then you may be a bit more “freestyle” and I applaud that.

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Retail Prophet

JANUARY 5, 2021

Via Business of Fashion. In Episode 1 of BoF’s new podcast series, Doug Stephens and social psychologist Sheldon Solomon PhD examine the impact of collective traumas like Covid-19 on consumer behaviour.

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Consumer Fashion 52

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

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Accounting

Retail Technology Review

JANUARY 6, 2021

By Nate Burke, CEO of Diginius. It’s that time of year again where we reflect upon the prior year and make informative predictions for the months ahead in order to adjust our business activities and refocus our strategies.

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Retail TouchPoints

JANUARY 6, 2021

With the rising number of positive COVID-19 cases throughout the United States, the “most wonderful time of the year” is becoming the “most dangerous time of the year” for retailers and their customers. After an already difficult and trying year, what do they need to know to keep their employees and customers safe while keeping their doors open? . First, as a bit of comfort, retailers should be aware that in many states, including Ohio, Iowa, Kansas, Louisiana, Missouri, North Carolina, Oklahoma

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Kiosk Checkout Shopping Management 290

Retalon

JANUARY 7, 2021

Seasonal merchandise planning carries a unique challenge for retailers, as product life cycles are measured in weeks or even days. . This is a problem because retailers plan their inventory months in advance — having almost no window to react to out-of-stocks or an unexpected up-lift in demand. With seasonal product life-cycles becoming ever shorter, retailers need more strategic and granular ways to plan their seasonal assortments so they can maximize revenue while minimizing markdowns.

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Nelson Blackley

JANUARY 7, 2021

It’s been clear for some time that, because of fast changing customer behaviours, retailers can no longer rely on conventional customer loyalty or traditional shopping habits to have shoppers either choose to visit or return to their stores. Increased competition in most retail sectors in the UK, combined with an almost exponential growth in customer choice not only from where, but how and when, product can be purchased, means customer loyalty is much less tangible than twenty or thirty years ag

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Advertiser: Experience Retail Today

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

Fashion

Retail Bound

JANUARY 4, 2021

Setting yourself up for marketing/communications success in 2021 and beyond. 2020 is a year that we won’t soon forget. It’s a year that taught us all how essential toilet paper is to the fabric of society; a year that forced us to slow down and reevaluate our priorities; and a year that required everyone to become more comfortable with uncertainty and change.

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Retail TouchPoints

JANUARY 6, 2021

Jon Elder gives credit where it’s due: selling on the Amazon Marketplace and using Fulfillment by Amazon (FBA) services offer brands enormous opportunities. (Of course, he may be prejudiced, having grown his own Amazon FBA business from scratch to $10 million in sales within five years.) The combination of access to many millions of potential customers and the warehousing, fulfillment and returns services bundled under FBA is a powerful one, according to Elder.

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Retalon

JANUARY 6, 2021

An effective replenishment plan will drive profit. There is an age old saying, and it goes like this: “you don’t plan to fail, you fail to plan.” And what can be easier than planning replenishment? All you need to do is plan to replenish the products that you sell out of. Right? In reality, replenishment planning is a fairly complicated process that has to account for many variables, including logistics routes, timelines, availability, and cost.

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Retail Technology Review

JANUARY 7, 2021

By Malcolm Carroll, Director, BlueFinity. The COVID-19 pandemic has impacted many sectors with retail especially having felt the repercussions of the lockdowns and Tier restrictions on their footfall and their profits.

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Customer Experience

Global Shop

JANUARY 5, 2021

Liquid filter bags are essential for filtering out contaminants in industrial water systems and chemical processing equipment. Industrial Filter Manufacturing Ltd (IFM), located in Penetanguishene, Ontario, Canada, has been making standard and custom filter bags for over 40 years. They’re now making them more efficiently thanks to their implementation of Global Shop Solutions ERP software.

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Retail TouchPoints

JANUARY 8, 2021

There’s no escaping it. Our lifestyles have been severely impacted by the novel coronavirus. Redundancies, layoffs, school closures — these are the reasons we find ourselves at home, unable to live the lifestyles we desire, and why many are seeking alternative avenues of income. How do we better our lives and create additional income streams during such unprecedented times?

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Clienteling Finance Planning Marketing 288

Retalon

JANUARY 5, 2021

Optimizing your inventory balancing process is key to increasing ROI. Even the best-executed assortment strategy can lead to imbalanced inventory levels halfway through the season. An inaccurate forecast, unpredictable changes to consumer preferences, shifts in the competitive landscape, or major economic events can all completely throw your planning and purchasing off-track, leaving you with major inventory distortions despite your best plans.

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Retail Technology Review

JANUARY 5, 2021

Shopping habits are changing, and retailers are doing an exceptional job at keeping up and adjusting their business models with the help of technology to meet these ever-changing shifts. With many high streets still struggling but the desire to shop local remaining strong, retailers are looking at a very different future than they would have imagined this time last year.

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Marketing

Retail TouchPoints

JANUARY 8, 2021

UPS expects to handle 8.75 million returns during the week of Jan. 4, 2021, a 23% rise from the highest volume return period in the 2019 peak-season cycle, according to Freight Waves. The surge is being attributed to the high number of ecommerce orders during the holiday season, along with the abundance of return options retailers are using to help manage traffic and let shoppers make returns safely.

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Retail TouchPoints

JANUARY 8, 2021

The pandemic has normalized working from home, creating a ripple effect in the business world. It has encouraged many organizations to rethink their telecommuting practices, shrink the size of office spaces and, in some cases, shutter offices completely. More than half of Americans want to continue working remotely, which has encouraged 21 major companies, including Google, Uber, American Express and Airbnb to extend their work-from-home policies , according to Business Insider.

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Retail TouchPoints

JANUARY 7, 2021

Farmacorp , a Bolivian pharmacy chain, will deploy Reflexis Systems ’ Q-Walk store audit solution at more than 100 stores, to streamline on-site inspections and automatically prescribe corrective tasks. This will help managers quickly understand how a specific location is performing compared to corporate expectations and peer stores, helping them prioritize which locations to visit.

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Retail TouchPoints

JANUARY 4, 2021

Brookfield Asset Management has proposed to take its mall operator arm private in a deal valued at $5.9 billion. The company plans to offer $16.50 per share to buy out stakes that it doesn’t already own in Brookfield Property Partners LP and Brookfield Property REIT. The board of directors of Brookfield Property Partners has formed a committee of independent directors to review the proposal.

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Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

Customer Experience