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Amazon Generates 11% Revenue Boost in Q2, Forecasts Strong Q3

Retail TouchPoints

In addition, overall operating income swelled to $7.7 billion in Q2 2022, while operating cash flow grew a staggering 74% , from $35.6 Prime members the next or same day — nearly 4X the number of units delivered at those speeds in 2019. billion , compared to $3.3 billion to $61.8 billion units to U.S.

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Strategies for Retailers to Weather the Storm this Hurricane Season

Retail TouchPoints

Hurricane Season 2022 is underway, and with it comes the looming threat of outages and downtime for retailers. As we head into the peak of the season, retailers should review their disaster avoidance strategies as they seek to protect critical equipment and prevent downtime.

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Hit Hard by the Pandemic, Most Minority Business Owners Optimistic About the Future

Retail TouchPoints

In May 2020, McKinsey issued a report stating while the COVID-19 pandemic was shaking up small businesses across the board, it was disproportionately affecting minority-owned small businesses. Think food services, retail and personal and laundry services, for instance. Reasons cited were that the country’s 1.1

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Three Requirements For Successful Retailers Post-Pandemic

Retail TouchPoints

The global pandemic has accelerated the pace of change for the retail industry at a rate we have never before seen. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. In 2019, the global contactless payments terminal market was valued at $13.23 Traditionally, U.S.

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Lowe’s Announces Seventh Pandemic Bonus, Plans to Add 50,000 Jobs for Spring

Retail TouchPoints

The additional 50,000+ seasonal and full-time retail associates builds on the more than 90,000 associates Lowe’s hired into permanent roles over the past year. The retailer reported a 30.4% increase in comparable sales from 2019 in Q3 2020 and a 106% increase in online sales. The retailer reported a 30.4% 150 million ?to

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Top Ecommerce Niches of 2019

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Here’s our guide to the top ecommerce niches of 2019, including a bunch of tips to help you find the best niche for your ecommerce business. One of biggest mistakes ecommerce businesses make is selling an excessive number of products. Managing accurate product counts for a catalog with 100s of SKUs isn’t for the rookie retailer.

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Holiday Season 2020 Will be Different. Here’s How

lateshipment

A question that is largely on the minds of retailers and consumers alike. With COVID-19 still at large, consumers will be making difficult shopping choices and retailers will be scratching their heads for a strategy that will bring them a great sale. What do retailers have in store for them? In 2019, holiday sales were up 4.1%