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Amazon Service Refinements: New ‘Low-Cost’ Store, Prime Fuel Discount, Ending of ‘Today’ Delivery Service

Retail TouchPoints

Amazon has made a number of moves to refine its offerings, including adding fuel discounts to the list of Prime membership benefits; developing a low-cost store to compete with discount shopping apps like Temu; and redesigning the homepage of its shopping app for easier navigation.

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Banner Black Friday Sales Bode Well for Holiday Season

Retail TouchPoints

on Black Friday according to Mastercard SpendingPulse , which measures in-store and online retail sales across all payment types. Our real-time insights show that consumers are comfortably in the gift-giving spirit as price reductions and deals occur across sectors, supporting budgets for holiday shopping.” billion online, up 10.2%

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Exclusive: Klarna Adds Customer Perks with Gifting Platform Partnership

Retail TouchPoints

Digital shopping and payments app Klarna has partnered with the Nift gifting platform, offering Klarna users a choice of gifts at key points in the purchase cycle in categories including fashion, jewelry, restaurants, music and home goods. Consumers engage with the ad and make a considered choice between the gifts.

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Simon, Shopify Team Up to Help Digital Brands Enter Brick-and-Mortar Retail

Retail TouchPoints

Mens apparel brand True Classic and fine jewelry brand Ring Concierge are among the first companies to take advantage of the new offering. ” Building on Simons Omnichannel Efforts This latest partnership continues Simons ongoing efforts to help the brands in its malls and shopping centers adapt to changing consumer behaviors. .”

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Three trends shaping the luxury retails sector in 2025

Inside Retail

Despite modestly positive expectations for 2024, the luxury retail market did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion.

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Loyalty, Love and Lifetime Value: The Mother’s Day Retail Opportunity

Retail TouchPoints

Get it right, and they will not just shop with you this year but will come back long after the flowers have wilted and the chocolates have been eaten. Look at who shopped with you around last Mothers Day and what they bought, then send them a timely reminder. Jewelry, in particular, sees a surge, but consumers have options.

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Jewelry Retailers: Prepare Your Curbs, not Your Cases, for 2021

Retail TouchPoints

While certain ecommerce verticals saw mind-boggling sales increases in 2020, luxury goods, including jewelry, enjoyed more modest revenue boosts, according to Signifyd Ecommerce Pulse data. Upscale jewelry designer Gorjana, for example, saw 300% growth in 2020, with a 400% monthly increase in sales between April and May 2020 alone.