Retail TouchPoints

JANUARY 3, 2024

In the rapidly expanding ecommerce market, projected to reach $3 billion in 2023, a significant 20% to 30% of online purchases end up being returned. Embracing a New Kind of Returns Strategy For retailers, the way forward involves a dual approach: prioritizing customer needs while harnessing data to improve operational efficiency.

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Retail TouchPoints

MARCH 7, 2024

Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market. This acquisition doubles down on our belief in the off-price market, and its importance to building our business, improving our margin profile and growing our customer file,” said Lemonis in a statement.

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RETAIL MANAGEMENT SOFTWARE

JANUARY 16, 2024

As we step into 2024, the retail sector is undergoing significant transformations in technology, supply chain dynamics, and consumer behavior. The intersection of these changes with economic uncertainties, such as inflation and an unpredictable job market, creates a swiftly evolving and complex landscape.

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Retail TouchPoints

JUNE 28, 2023

GNC has partnered with autonomous delivery system Zipline to begin offering fully electric drone delivery in select markets in the U.S. In 2024, GNC will begin using Zipline’s newly announced Platform 2 system, which is designed specifically for urban delivery.

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Retail TouchPoints

MARCH 27, 2024

The apparel retailer currently operates 84 stores across the country. We’re happy to strengthen existing markets and try out new ones as well,” said Riccobono. Untuckit stores continue to be the backbone of our company,” said Founder Chris Riccobono in an interview with Yahoo!Lifestyle.

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Retail TouchPoints

OCTOBER 3, 2023

is betting big on going small, with plans to open up to 30 new small-format locations across the country in 2024. The planned expansion is in addition to the nearly 15 small-format stores that the retailer already operates. beginning in 2024.” Macy’s Inc. in a statement. “Our in a statement.

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Retail TouchPoints

MARCH 28, 2024

The deal, which is expected to close by the end of the retailer’s fiscal 2024 in late January 2025, is subject to customer closing conditions and will be funded through a combination of cash and debt. ” The Home Depot has been hyper-focused on the pro market as a growth lever for several years now. .

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Retail TouchPoints

FEBRUARY 2, 2024

As of January 2024, the Postal Service has opened 29 of these S&DCs. The USPS also plans to procure 21,000 commercial-off-the-shelf (COTS) battery-powered and domestically manufactured delivery vehicles, including 9,250 from the Ford Motor Company, depending on market availability and operational feasibility.

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Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty.

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Retail TouchPoints

NOVEMBER 8, 2023

Called Ankaa Gl o bal Logistics , the new 3PL company will be operated as a wholly owned subsidiary of Southern Glazer’s. with a new location in Florida set to open 2024. Services include: Inventory storage solutions for both raw materials (i.e. glass, cardboard, etc.), glass, cardboard, etc.), and Fairfield, Calif.,

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Retail TouchPoints

MARCH 14, 2024

The Home Depot plans to open four new distribution centers designed specifically for the needs of its professional customers in the first half of 2024. The retailer already has opened similar pro-focused hubs across the country and expects to have 17 top pro markets equipped with new capabilities by the end of this year.

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Pivotree Blog

JANUARY 11, 2024

Experts in digital commerce, supply chain and data management demonstrate their award-winning technologies, paving the way for retail success in 2024 TORONTO–(BUSINESS WIRE)– Pivotree Inc. According to Retail Systems Research 51% of retailers are looking for real time views and insights into their operation.

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Retail TouchPoints

MAY 3, 2024

Now the retailer is focused on enriching its omnichannel strategy and experience by implementing the following solutions: Caper Carts will roll out at select Save Mart and Lucky stores in the coming months, followed by a broader rollout later in 2024.

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Retail TouchPoints

FEBRUARY 2, 2024

net sales decline in Q4 2023, Tractor Supply still plans to open up to 95 brick-and-mortar stores in 2024, as well as complete its 10th distribution center. This aggressive capital expansion is in line with the plans Tractor Supply revealed in July 2023 : to eventually operate 3,000 stores in the U.S., Even in the face of an 8.6%

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Omnisend

JANUARY 9, 2024

Reading Time: 9 minutes A common myth about starting a t-shirt business is that creativity and a niche market are all you need. That’s why we created this article, to help you learn how to start a t-shirt business in 2024. We’ll share how to source quality materials, build your store, and market your brand.

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Retail TouchPoints

JULY 11, 2023

In 2024, retail sales worldwide are expected to reach $30.6 These growth rates present big opportunities for brands, especially those that want to reach digitally savvy consumers in new markets. Entering new markets means understanding local regulations as well as consumer tastes — another source of complexity. trillion, a 4.3%

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Retail TouchPoints

MAY 14, 2024

A seismic shift is on the horizon for retail businesses operating in Europe. Enacted last year, the German Supply Chain Act (LkSG) requires large companies operating in the country to establish preventative measures to prevent child labor, poor working conditions, and environmental abuses at all levels of their supply chain.

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Smile.io

MAY 15, 2024

Scaling a commerce business is increasing revenue without a significant increase in operating costs. There are many scaling strategies for commerce brands—laying the foundation for growth, enhancing operational efficiency, expanding market reach, focusing on customer loyalty, and adding programs like Smile.io

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Retail TouchPoints

JANUARY 8, 2024

Why Retailers must Prioritize Loss Prevention in 2024 There’s no doubt that loss prevention will be a major priority for retailers of all sectors in 2024. As a result, retailers must ensure their 2024 loss prevention plans incorporate an omnichannel approach that considers all avenues for loss.

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Retail TouchPoints

APRIL 12, 2024

has appointed Gianluca Flore as its new EVP and Chief Commercial Officer, effective July 29, 2024. Flore will report directly to President and CEO Michelle Gass and will support all Levi’s commercial operations and global channels, including stores, ecommerce and wholesale. “I Levi Strauss & Co. (LS&Co.)

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Retail TouchPoints

FEBRUARY 7, 2024

The service already is live for most customers of these banners; Food Lion will pilot with DoorDash in February and expects to launch in its markets in March. “As As leading omnichannel grocery retailers in their markets, Ahold Delhaize’s U.S.

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Omnisend

NOVEMBER 28, 2023

We’ll also show you how to differentiate your store and market your products to the right customers. Before making any commitments, entrepreneurs who know how to dropship on Shopify can easily test a new product’s market demand. It greatly streamlines order fulfillment to make it easier for anyone to start an online business.

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Retail TouchPoints

NOVEMBER 6, 2023

Figs chose Los Angeles for its permanent brick-and-mortar debut because it is one of the brand’s largest markets. Figs plans to take a disciplined approach to physical retail expansion by choosing markets with a high density of health care professionals. doctors has been trained there.

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Retalon

MAY 17, 2024

Navigating through today’s industry needs, businesses face increasing challenges due to fluctuating market dynamics, evolving consumer behaviors, and technological advancements. This is done by utilizing historical data, market analysis, and statistical models. What is supply chain demand forecasting?

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Retail TouchPoints

NOVEMBER 7, 2023

WHP’s global strategy for Express includes a full omnichannel launch beginning in 2024, with the opening of flagship stores and ecommerce channels featuring men’s and women’s apparel plus categories including footwear, intimates and accessories. The company also plans for shop-in-shop experiences in Mexico and Indonesia.

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Retail TouchPoints

AUGUST 14, 2023

Seeking to move closer to the goal of cutting its waste footprint in half by 2030, Starbucks has added 12 locations to its 100% reusable operating model. Beginning in 2024, customers in all Starbucks stores across the U.S. Stores in Napa and Petaluma, Calif. Customers using these bins through Oct.

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Retail TouchPoints

SEPTEMBER 22, 2021

The announcement comes following reports of an exploding secondhand market. Estimated at $7 billion in 2019, according to Statista , the market is expected to grow to $36 billion by 2024. The $70 million distribution facility is expected to be up and running by Q2 2022. million items across its network. Beginning Sept.

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Retail TouchPoints

MARCH 14, 2024

Inspired by the Lincoln Road shopping district in nearby Miami Beach, Bal Harbour Shops and the Whitman family — who still own and operate the enterprise — have continuously flown in the face of convention — and found enormous success as a result. Image courtesy Whitman Family Development) The first iteration took place in Raleigh, N.C.

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ESW

MAY 29, 2024

However, venturing into the international market presents a myriad of challenges—from navigating complex logistics to ensuring a seamless customer experience across diverse cultures. Global commerce is evolving quickly, with more shoppers in more markets looking to buy a wider variety of products than they can find locally.

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Retail TouchPoints

APRIL 12, 2021

Analysis from Gartner foresees that by 2024, 65% of all applications will be created using low-code platforms. Forrester predicts the low-code platform market will swell to over $21 billion by 2022. The Low-Code Shortcut for Retailers. Low-code is here, but it’s still only getting started. Low-Code Development Advantages.

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RetailMinded

APRIL 5, 2024

All financial institutions need to collect and process this data for fulfilling their AML obligations. In fact, it’s expected to grow by 10.77% , and reach a projected market volume of $58.1 The post The Future Of Retail: Leveraging Transaction Monitoring In 2024 And Beyond appeared first on Retail Minded. Billion by 2028.

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Retail TouchPoints

APRIL 23, 2021

Now over a year into lockdown, retailers are striving to learn from past mistakes in a rapidly changing market. Therefore, running a retail business in America requires a lot of effort and efficient technology for operation management. Recent research indicates the global retail automation market is expected to be worth more than $19.5

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Retail TouchPoints

MARCH 3, 2021

The on-demand manufacturing market is expected to reach approximately $112 billion by 2024, growing at an astounding 19.8% This liquidity allows brands to boost revenue-driving activities such as marketing, which increases sales and ultimately grows their business. Conclusion.

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Groove

SEPTEMBER 5, 2023

Today, businesses have access to advanced AI tools and technologies that empower them to streamline operations, personalize customer experiences, and drive growth. By embracing automation, eCommerce merchants can optimize their operations, deliver exceptional customer experiences, and stay competitive in a rapidly evolving digital landscape.

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RetailMinded

FEBRUARY 20, 2023

Our tips for retail marketing will help you level up in 2023 for better sales and happier customers. Take it a step further: For a relatively hands-off online strategy, it doesn’t get much easier than using Amazon’s Fulfillment by Amazon (FBA) program. Investing in local SEO will also bolster your local digital marketing efforts.

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Retail TouchPoints

NOVEMBER 20, 2020

Amid all these factors, a lot of distressed consumer companies now find themselves at a crossroads, with a difficult decision at hand: wind down, declare bankruptcy, sell the business or try to adapt to the times and retool their entire operation. Are there creative ways you can manage your operating margins and extend your cash runway?

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Omnisend

DECEMBER 14, 2023

Irrespective of the size or stage of your business, the best ecommerce tools can help with the following: Optimize store performance Enhance customer experience Streamline operations Boost sales Success requires a strategic combination of tools tailored to your needs. Business-to-Business (B2B) apps: Ease transactions between businesses.

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