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Macy’s vs. HBC: Two Different Takes on the Ecommerce Spinoff

Retail TouchPoints

However, with the prevailing winds of retail moving in the direction of “channel integration,” “omnichannel,” “frictionless experiences,” (insert your favorite buzzword here), the broad consensus among retail experts is that ecommerce spinoffs are a terrible idea. The push toward omnichannel retail isn’t going away either.

eCommerce 279
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Tapestry CEO Resigns Amid Sexual Misconduct Allegations

Retail TouchPoints

He had been a Tapestry board member since 2006 and served as Board Chairman since 2014. Like many omnichannel apparel retailers, Tapestry has struggled with the effects of the coronavirus pandemic. Zeitlin, who is married, is one of only four black chief executives in the Fortune 500.

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Data Capital: The Competitive Weapon Most Retailers Have Yet To Fully Monetize

Retail TouchPoints

The old mantra of “data is the new oil,” first uttered by tech entrepreneur Clive Humby in 2006, should vibrate with new life and energy now because of what we’ve since learned of its value in shaping consumer expectations. In fact, it could be argued that data is even more valuable than oil — and, it’s a renewable resource.

Retail 192
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Sensory Enabling Technologies are Radically Reshaping the Future of Digital Retail

Retail TouchPoints

2006; Simmons et al. This kind of mindful consumption is especially appreciated by Gen Z consumers and can mean the difference between creating a desire and fulfilling a need. Visual and auditory information can influence product expectations (i.e., taste and quality expectations; Reinoso-Carvalho et al.) in other senses.

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Wall Street’s Misguided (And Dangerous) Fascination With Retail Store Productivity

Steve Dennis

One of the more ridiculous ways Wall Street firms have tried to determine the “right” number of store closings is to calculate how many locations would need to be shuttered to return various chains to their 2006 store productivity levels. Stores serve as fulfillment points for e-commerce operations.

eCommerce 104
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2020 Vision: Retail Trends for the New Decade

iVend

Integrated Omnichannel Retail for the Next Decade. From filling carts for in-store fulfillment, to BOPIS (Buy Online Pick-Up in Store) and Click and Collect, consumers what the convenience of “just in time” retail that meets their needs at lightning speed—which means that 2-day free shipping, is two days too late.

Retail 72
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Pagecloud vs Wix: Which is Best for You?

Ecommerce Platforms

It was first launched in 2006, and has been evolving ever since to offer users a simpler, more intuitive design experience. Omnichannel: Both Pagecloud and Wix allow omnichannel selling across a range of social media platforms and tools. Wix is a little better-known in the ecommerce and web design landscape than Pagecloud.