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Data Will be Key to Retail Success in 2021

Retail TouchPoints

Without question, the COVID-19 pandemic proved to be quite a disruptor for retailers, as in-store sales dropped and other options, like ecommerce and buy online, pick up in-store (BOPIS) surged. Even with new vaccines potentially coming on the market in the months ahead, it’s likely the trends we’ve seen in 2020 will continue into 2021.

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Jewelry Retailers: Prepare Your Curbs, not Your Cases, for 2021

Retail TouchPoints

But behind the numbers is a little-heralded success story, a story of nimble adjustments and the jewelry vertical’s embrace of digital and omnichannel initiatives to better serve customers. Its wholesale sales had dried up and its retail stores were forced to close in early lockdowns. Why Multichannel for Jewelry Retailers?

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A Guide to Omnichannel Commerce for International Expansion

ESW

To keep up with consumer demand, brands and retailers are facing pressure to implement omnichannel commerce strategies. Why focus on omnichannel? Because customers demand it. For example, in 2021, 43% of shoppers bought a product online and picked it up in a store. “As

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Batteries Plus: Customer Data and Store Expertise Power Sweeping Digital Transformation

Retail TouchPoints

it was a groundbreaking retail concept, in many ways heralding a new era of personal computing and electronics. Over the last decade or so, Batteries Plus has struggled to find its place in the world of digital retail, even as consumers have become ever more reliant on battery-powered devices.

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Grocery Trails the Retail Industry in CX and Fulfillment. Here are 4 Ways That Will Change in 2021

Retail TouchPoints

Online grocery shopping sales grew 54% for the year and are predicted to top $100 billion in 2021. What has emerged as a genuine concern, however, are the incontrovertible shortcomings in customer experience. What has emerged as a genuine concern, however, are the incontrovertible shortcomings in customer experience.

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5 Ways Retailers Can Tackle Wavering Customer Loyalty

Retail TouchPoints

But winning (and keeping) customers’ loyalty is no longer confined to programs and points. After all, retail isn’t just about a one-time transaction; it’s about building a relationship that is mutually beneficial and meaningful. Last year’s top retention tool — free shipping — fell slightly, from 64% in 2021 to 57% in 2022.

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Retail Ecommerce Ventures Acquires Stein Mart for $6.02 Million

Retail TouchPoints

Retail Ecommerce Ventures (REV) has added Stein Mart to its growing portfolio of once-struggling brands relaunched as ecommerce properties. million , $2 million above its initial stalking horse bid , with plans to take the off-price retailer online in early 2021. REV has been on a retailer buying spree in the past year.

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