Retail TouchPoints

NOVEMBER 2, 2022

Many companies claim to be sustainable and ethical, but can they prove it? Given fashion’s impact on the environment and growing external pressures, retailers and manufacturers should consider effective and verifiable ways to support a sustainable future today. A few ways fashion brands can be more sustainable now include: 1.

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Retail TouchPoints

MARCH 25, 2024

Businesses can find areas to reduce costs without compromising product quality or customer service by tracking all financial aspects, from procurement to delivery. With robust financial control in place, companies can demonstrate to others that they are managing their logistics responsibly and sustainably. It ensures transparency.

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Retail TouchPoints

NOVEMBER 15, 2023

“Industry collaboration is key to building a more sustainable future for fashion, and Rebag and ThredUp have a shared vision around reuse’s ability to reduce fashion’s impact,” said James Reinhart, CEO of ThredUp in a statement. ”

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Retail TouchPoints

JULY 13, 2022

Secondhand furniture reseller Kaiyo has introduced its services on the West Coast with a launch in Los Angeles following its generation of $36 million in Series B funding. This most recent round brings the company’s funding to nearly $50 million , which will support Kaiyo’s expansion beyond Northeast U.S. Kaiyo’s L.A.

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Retail TouchPoints

MAY 3, 2023

Sustainability has come to the fore as consumers become more conscious of how their purchases are impacting their local communities and the environment. These shoppers are willing to pay a premium for sustainability, provided that these products have distinct benefits.

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Retail TouchPoints

DECEMBER 5, 2023

CVS CostVantage, which the company plans to launch in 2025, will define the drug cost and related reimbursement with contracted pharmacy benefit managers (PBMs) and payors, using a transparent formula built on the cost of the drug, a set markup and a fee reflecting the care and value of pharmacy services.

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Retail TouchPoints

JANUARY 11, 2022

The COVID-19 pandemic accelerated many things in the business world, but one item that temporarily fell off the priority list was sustainability. In a survey of 750 executives, Deloitte found that nearly two-thirds of organizations had to cut back on environmental sustainability efforts due to the pandemic and resulting economic downturn.

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Retail TouchPoints

DECEMBER 11, 2023

of the venture and its other businesses, which include payment and financial services as well the Gojek ride-hailing and food delivery app, will continue to cooperate with Tokopedia as strategic partners. TikTok paid $840 million for 75.01% of PT Tokopedia and committed to investing more than US $1.5 billion in the combined entity over time.

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Retail TouchPoints

AUGUST 24, 2022

The business selected a sustainable thermoformed ceiling that resembles the stamped tin ceilings from more than a century ago. Sustainable design means making a building healthier for both the planet and the individuals who occupy it. A durable ceiling is also more sustainable because it does not need to be replaced as frequently.

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Retail TouchPoints

MAY 30, 2023

We’re grateful for the many contributions by the team members who will be leaving our organization and are committed to supporting them as much as possible during this transition.” Maloney denied that the layoffs are connected to the pharmacy retailer’s financial liabilities. It also is paying $4.95

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Retail TouchPoints

OCTOBER 24, 2022

Online donations of garments will go to the Red Cross, where it will be reused or recycled in support of the development of projects in local communities. This service is for clothing from any brand. Investments will focus on areas including the customer experience, circular inventory and services, and social commerce.

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Retail TouchPoints

MAY 12, 2021

Amazon has issued a $1 billion sustainability-focused bond as part of its new Sustainable Bond Framework , designed to stimulate investment in and fund a variety of social and environmental projects, including renewable energy, clean transportation, sustainable buildings, affordable housing and socioeconomic advancement and empowerment.

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Retail TouchPoints

APRIL 27, 2022

COVID-19 drove people to reflect on their priorities, elevating concepts like community service, equity, and sustainability,” said Giusy Bounfantino, VP of Consumer Packaged Goods at Google Cloud in a blog post sharing the findings. “A

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Retail TouchPoints

MAY 18, 2021

Telia — a telecommunications company in the Nordic and Baltic states — is piloting a new self-service store model in Tartu, Estonia, as it looks for cost-effective ways to serve customers in regions where full-service offices aren’t in place.

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Retail TouchPoints

FEBRUARY 28, 2023

The three-year deal leverages Walmart’s position as a retailer and provider of health services and CareSource’s role in administering and delivering Medicaid, Medicare and other health plan benefits and services. Walmart will work with the nonprofit CareSource to better understand and mitigate racial inequities in health care.

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Retail TouchPoints

NOVEMBER 10, 2022

Target’s stores are at the heart of how we deliver for our guests, whether they browse the aisles, shop online or stop by for same-day services like Order Pickup and Drive Up,” said John Mulligan, EVP and COO at Target in a statement. Guests and team members tell us they come to Target because they feel inspired, connected and welcomed.

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Retail TouchPoints

APRIL 22, 2022

Starboard Cruise Services , LVMH Moët Hennessy and Celebrity Cruises are launching an immersive luxury shopping experience onboard the cruise ship Celebrity Beyond. The shops will feature a wide range of merchandise, from apparel, accessories, spirits and eco-friendly products to beauty, logo, destination and watches.

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Retail TouchPoints

OCTOBER 13, 2022

They’re changing the concept of engagement with luxury brands, expecting them to set up co-creation environments, seamlessly interact with digital content and operate at their highest standard, all while remaining authentic and becoming more sustainable. “To Set up store processes at the service of the customer.

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Retail TouchPoints

JULY 19, 2023

This comes despite earlier research finding a shift in consumer attitudes was the driving force behind the push for sustainable packaging in 2020. the reality of a high price tag for eco-friendly packaging may be in conflict with sustainability preferences. However, with high inflation costs continuing to be felt across the U.S.,

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Retail TouchPoints

MAY 2, 2023

The Container Store has debuted its Closet Clean Out resale program for apparel and accessories, powered by the ThredUp Resale-as-a-Service solution. Additionally, footwear and apparel retailer Sam Edelman has launched its ReLove resale initiative with support from the Archive platform. Central; winners will be notified by May 12.

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Retail TouchPoints

MARCH 30, 2022

To give a sense for the increase in delivery demand, we had a six-fold increase in delivery in the fourth quarter of last year versus pre-pandemic levels, and we have had to double down on speed and fulfillment without sacrificing cost or sustainability.”. Technology and Efficiency Support a Sustainable Future.

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Retail TouchPoints

FEBRUARY 21, 2022

Today’s shopper now expects a seamless omnichannel experience, convenient delivery options and an array of sustainable products — as detailed in new research from Capgemini. Embracing sustainable products and practices. In the past two years, consumers’ expectations and preferences have vastly changed. Driving digital innovation.

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Retail TouchPoints

JUNE 1, 2023

Walmart ’s latest sustainability initiatives combine changes to its fulfillment processes as well as customer-facing options for reducing waste, including allowing online shoppers to opt out of plastic bags for store pickup orders and to request consolidation of multiple items into fewer boxes. in a statement.

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Retail TouchPoints

OCTOBER 6, 2023

In the retail world, swift order processing is the hallmark of efficient logistics operations and exceptional customer service. 5: Sustainability metrics. But this presents an opportunity for brands to embrace sustainable, more resilient practices at each step of their fulfillment and logistics operation. 2: Order cycle time.

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Retail TouchPoints

NOVEMBER 6, 2023

But Princess Polly isn’t focused solely on being in more stores; the Australia-based retailer has multiple priorities that “reflect a holistic approach to growth and sustainability ,” according to Courtney Dres, Chief Merchandising Officer of Princess Polly in an interview with Retail TouchPoints.

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Retail TouchPoints

MARCH 2, 2022

Across its Macy’s and Bloomingdale’s brands, the retailer is investing in designers, brands, business partners, products and service providers from a range of underrepresented groups. Supporting its 2020 commitment to the Fifteen Percent Pledge , Macy’s has grown its offerings of Black-owned brands fivefold.

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Retail TouchPoints

AUGUST 2, 2022

The Initiative as a whole represents a $200 million commitment that includes expanding programming for Black students and employees and operationalizing Foot Locker’s approach to elevating and working with Black vendors, community nonprofits, creators and professional service partners. in a statement.

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Retail TouchPoints

NOVEMBER 10, 2021

As world leaders gather for COP26 in Glasgow against the backdrop of the recent declaration of ‘code red for humanity’ by the United Nations Intergovernmental Panel on Climate Change, businesses are doubling down on sustainability goals and initiatives. Key Challenges in Measuring Sustainability.

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Retail TouchPoints

APRIL 4, 2022

Businesses know that B2B buyers increasingly expect B2C-like product discovery and purchasing options like self-service. For example, the typical configure-price-quote (CPQ) tools that B2B brands have ramped up since the start of the pandemic to support more online, self-serve buying are now influencing the B2C world.

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Retail TouchPoints

APRIL 22, 2022

Almost every retailer has a plan to green its operations, from sourcing more sustainable products to adopting solar power, and on Earth Day these efforts are brought to the forefront. Sendle is a solution provider dedicated to sustainability year-round. Approximately 165 billion packages are sent across the U.S.

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Retail TouchPoints

JANUARY 15, 2024

“To stay ahead in a highly dynamic market, retailers are actively considering how AI can help them meet evolving customer preferences, address labor shortages and drive sustainability efforts,” said Cynthia Countouris, Director of Product Marketing for Retail, CPG and QSR at Nvidia in a blog post outlining the survey results.

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Retail TouchPoints

MAY 18, 2022

Nordstrom customers will have access to an array of services at this location as visitors descend upon the town that is known as a summer haven. Taking its Nordstrom Local pop-up concept to swanky environs this year, the luxury retailer will open an 850-square-foot location in Southampton, N.Y. from May 27 through Sept. in a statement.

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Retail TouchPoints

MAY 25, 2022

Business of Fashion reported that the luxury fashion house will create boutiques to cater to its most supportive clients through private shops, separate from its 250 retail locations, which do not include beauty. We’re going to invest in very protected boutiques to service clients in a very exclusive way.”. YoY for the year ending Dec.

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Retail TouchPoints

SEPTEMBER 3, 2020

He will lead an enterprise-wide team across all banners to manage the retailer’s property portfolio and establish a network to support omnichannel services such as buy online, pickup in-store (BOPIS), curbside pickup and same-day delivery.

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Retail TouchPoints

AUGUST 30, 2023

Granted, executive respondents to this survey spanned retail, supermarket, consumer goods, airlines, entertainment and media and even financial services, so these results reflect a broader view of how business leaders are thinking about loyalty. But what’s happening in retail specifically?

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Retail TouchPoints

JUNE 29, 2023

million shares of Option Care Health for proceeds of approximately $330 million to help Walgreens pay down debt and support its broader healthcare transformation. This effort also included selling 10.8 headquarters or Chicago office.

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Retail TouchPoints

JUNE 6, 2022

Ikea is selling renewable energy to households in Sweden, aiming to build the world’s biggest renewable energy movement, making electricity from sustainable sources universally accessible and affordable. Walmart, which acquired MeMD in May 2021, is offering virtual mental health care in addition to its counseling services with Walmart Health.

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