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NYC Unveils Plan to Combat both Organized and Individual Retail Theft

Retail TouchPoints

With the exception of 2020, the total number of shoplifting complaints across New York City’s five boroughs has increased every year since 2018 — although there are signs that this tide is turning in 2023. Retail theft has increased citywide and nationwide since the pandemic, and we must continue to work together to drive down shoplifting.

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Amazon Boosts Total India Investment to $26 Billion

Retail TouchPoints

While the latest investment wasn’t given a breakdown, Jassy and Modi reportedly discussed supporting Indian startups, creating jobs, enabling exports, digitization and empowering individuals and small businesses to compete globally, according to Reuters. Amazon has reportedly planned to invest $12.9 and Europe.

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Connecticut Small Business Statistics You Need to Know for 2023

VTNS Solutions

Are you curious about the state of small business in Connecticut. I have curated, vetted and listed an up to date stat on small businesses operating in connecticut. These statistics include every relevant piece of information on small businesses in 2023. was up from the 2018 rate of 0.5%.

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Contactless Voice Payment Technology: A Retail Strategy for Bringing Customers Back In-Store

Retail TouchPoints

In particular, consumer expectations for contactless payment methods as a result of health and safety concerns during the pandemic are galvanizing retailers to integrate flexible, contactless payment options like voice payment technologies into their operations. in April 2020, but online retailers saw an 8.4%

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You’ll Like Us When We’re Green: How Retailers Demonstrate Sustainability Through Track and Trace

Retail TouchPoints

Research from New York University found sustainable products delivered $114 billion in sales in 2018, up 29% from 2013 , and delivered 50% of consumer packaged goods growth during that same time period — despite representing only 16.6% So how do retailers stay ahead of the pack regarding sustainability? of the category.

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How Brands Large and Small are Leaning into the Amazon Effect to Compete

Retail TouchPoints

It’s not just possible but inevitable that retailers can thrive on Amazon and compete with it at the same time. Since Amazon Prime’s inception 15 years ago, Amazon has only increased the annual membership cost three times — rising from $79 per year in 2005 to $119 in 2018. The purchasing power of $79 in 2005 equals about $109.90

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Shipping Carriers Compared: DHL Vs. FedEx Vs. UPS in 2020

lateshipment

As a retailer who ships to your customers, have you struggled to decode which carrier is the best for your business? Having a better understanding of what the carriers have to offer can help you choose which works best for your eCommerce business. DHL operates a gamut of services to cater to the shipping needs of its customers.