article thumbnail

3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. freight and logistics market size is slated to grow from $1.29 trillion in 2029. freight and logistics market size is slated to grow from $1.29

article thumbnail

Coach CEO Q&A: New Las Vegas Fulfillment Center will Reduce Delivery Times by 50%+

Retail TouchPoints

The facility, which currently employs 200 full- and part-time employees, is expected to require an additional 400 full-time workers by 2029. Tapestry already operates a fulfillment center serving the East Coast located in Jacksonville, Fla. labor market is very tight. Designed to distribute 22.2

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AWS to Invest an Additional $7.8B to Expand Ohio Facilities

Retail TouchPoints

billion by 2030 to expand its data center operations in Ohio, marking the second-biggest private sector company investment in the state, according to Ohio Governor Mike DeWine. trillion by 2029, according to Fortune Business Insights. Amazon will invest an estimated $7.8 Salesforce , Google Cloud and IBM round out the top five.

article thumbnail

Streamlining Ecommerce Expansion with a DTC Partner

ESW

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.

article thumbnail

The Post-Pandemic Fashion Industry Makeover

Retail TouchPoints

The fashion resale market is one of the fastest growing consumer-driven sectors today. The resale market is set to hit $36 billion by 2024, growing at 39% CAGR (versus overall retail at approximately 2% pre-pandemic). live-shopping market is far behind at an estimated $5 billion. Fashion Resale. Social Commerce.

Fashion 289
article thumbnail

Embedded Finance: Making Payments Possible in New Frontiers

Retail TouchPoints

In fact, embedded finance will be a $777 billion opportunity by 2029. In doing so, businesses as diverse as consumer goods suppliers, transport operators, healthcare providers and entertainment companies can layer payment services into their processes, attract new customers with seamless payment journeys and generate additional revenues.

Payments 254
article thumbnail

Economist is ‘Optimistic, but With an Asterisk’ About Post-Pandemic Retail

Retail TouchPoints

While many analysts have focused on the losses, particularly those to frontline and store-based workers, one leading economist believes that, on balance, the retail labor market will be one that’s actually better for employees. For example, the report estimated that the number of cashier jobs in the U.S. would decrease by 7.4%

Retail 286