Retail TouchPoints

JANUARY 29, 2024

While nearly two-thirds ( 65% ) of retailers responding to the 2022 survey had assigned in-store staff to these tasks, that percentage dropped to 56% in 2023. Another indication of this change is that the number of retailers providing dedicated space for order prep also dipped between 2022 and 2023, from 60% down to 43%.

Fulfillment 289

Fulfillment Shipping Costs Omnichannel Retail 289

Retail TouchPoints

MARCH 22, 2023

Gamestop reported its first quarterly profit in two years for Q4 2022, which ended Jan. million , down significantly from the $915 million in hand at the close of Q4 2022. million , down significantly from the $915 million in hand at the close of Q4 2022. The retailer reached net income of $48.2 billion from $2.25

Shipping Costs 276

Shipping Costs Games Operations Shipping 276

Retail TouchPoints

FEBRUARY 13, 2024

After years of decline, ContextLogic has sold its discount shopping app Wish for approximately $173 million in cash to Qoo10 , an ecommerce platform that operates localized online marketplaces throughout Asia. Qoo10 is headquartered in Singapore and operates marketplaces in Singapore, Indonesia, Malaysia, mainland China and Hong Kong.

eCommerce Platforms 249

eCommerce Platforms eCommerce Merchant Services Operations 249

Retail TouchPoints

JULY 8, 2022

“After making more than 600 corporate hires in 2021 and the first half of 2022, we have a stronger understanding of our transformation needs,” said Matt Furlong, CEO of GameStop in the memo. Today, we’re making a number of reductions to help us keep things simple and operate nimbly with the right talent in place.”.

Games 305

Games Accessories Operations Supplies 305

Retail TouchPoints

OCTOBER 17, 2023

Through greater collaboration and sharing across industries, including information on fraudsters’ tactics and how they operate, we can more effectively shut down fraudulent review activity, deter other bad actors from attempting to game our systems, and protect more consumers.”

Definition 278

Definition Games Information Operations 278

Retail TouchPoints

SEPTEMBER 29, 2023

brick-and-mortar retailing in late 2021 with a 20,000-square-foot flagship store at New Jersey’s American Dream mall , followed by 452 Toys ‘R’ Us shop-in-shops at Macy’s in 2022. Toys ‘R’ Us marked its initial return to U.S. No information about the number of planned stores or their opening dates was available. “As

Toys 299

Toys Specialty Retailers Games Shipping 299

Retail TouchPoints

OCTOBER 27, 2022

Morin joined Belk to fill the role vacated in June 2022 by former EVP and CMO Chris Kolbe. In July 2021, the company promoted its former President and Chief Merchandising Officer Nir Patel to the role of CEO, but he left in May 2022 to join GameStop as Chief Operating Officer. In August 2022, Belk filed a complaint in U.S.

Department Stores 277

Department Stores Clothing Fashion Games 277

Retail TouchPoints

APRIL 28, 2023

billion in Q1 2022. Amazon put an emphasis on convenience as a driver for its retail business during the quarter: nearly 26 million customers utilized same-day delivery, up 50% compared to Q1 2022, according to CEO Andy Jassy. While Amazon’s retail sales growth held steady from 2022, AWS’ growth of 16% to $21.4

Retail 359

Retail Technology Games Fulfillment 359

Retail TouchPoints

OCTOBER 19, 2022

The agreement allows Green Thumb to lease space from Circle K in Florida, where the c-store retailer operates approximately 600 locations, to offer patients a selection of branded cannabis products. that will be operational by the end of 2022. Green Thumb will source the items from a 28-acre cultivation facility in Ocala, Fla.

Operations 317

Operations Games Channel Retail 317

Retail TouchPoints

MARCH 31, 2022

PacSun has introduced PACWORLD, an interactive mall inside the Roblox video game, while Forever 21 has signed a lease agreement with Tokens.com for a piece of virtual property that the retailer will use as an NFT storefront. Forever 21’s metaverse storefront opened during the 2022 Metaverse Fashion Week, March 24-27.

Games 246

Games Fashion Social Media Technology 246

Ecommerce Platforms

JANUARY 17, 2022

Using game theory and AI, he app helps sellers optimize their Amazon store by automatically and constantly repricing your products on Amazon to get you the buy box at the highest possible price to maximize profits. Game theory is employed by Seller Snap, but initially, it was invented by John Nash in the 1950s.

Games 197

Games Subscription Merchant Services Fulfillment 197

Retail TouchPoints

MARCH 24, 2022

2 spots on the National Retail Federation’s 2022 list of the Top 50 Global Retailers , as determined by Kantar Retail. Marcotte also provided a forecast for global retail in 2022: “Investment in store networks will clearly return with a large number of remodels and a limited number of new store openings.

Retail 304

Retail Omnichannel Department Stores Fulfillment 304

Retail TouchPoints

MAY 16, 2022

Target was a model of agility during the pandemic, quickly expanding BOPIS and curbside pickup operations, and leveraging its store network for online fulfillment. Gomez reported that the retailer will have quadrupled the number of Black-owned brands it sells by the end of 2022. Leveraging Target’s Retail Media Network.

Food and Beverages 276

Food and Beverages Omnichannel Fulfillment Retail 276

Retail TouchPoints

AUGUST 16, 2023

Livestreaming accounted for more than 17% of all ecommerce sales in 2022 in China, but in the U.S. But so far that anticipation has yet to crystallize into livestreaming becoming the West’s next powerhouse shopping format, as many have predicted. it made up just 2% of ecommerce last year.

Games 246

Games Social Media Merchant Services Shopify 246

Retail TouchPoints

AUGUST 23, 2022

eBay will pay $295 million to acquire TCGplayer , an online collectibles technology platform and marketplace for trading card games. Named the Vault , the space launched in June 2022, and eBay forecasts that it will hold up to $3 billion in assets within the next few years. The deal is expected to be completed by Q1 2023.

Hobbies 246

Hobbies Order Fulfillment Omnichannel Fulfillment 246

Retail TouchPoints

JULY 12, 2023

Initial brand partners utilizing the service include men’s apparel brand True Classic , game-based connected rowing machine Ergatta and wellness brand Olly. Upon purchase completion, the viewer returns to their programming and an email confirmation with shipping and other details is sent directly from the merchant.

Merchant Services 245

Merchant Services Payment Services Shopify Apparel 245

Retail TouchPoints

DECEMBER 8, 2022

We’ve recently completed several projects that were part of the initial phase of our transformation and enable the business to operate with increased efficiency,” Furlong wrote in the message. “In These factors weighed heavily on GameStop’s results for Q3 2022, which ended Oct. of sales in Q3 2022 compared to 34.1% in Q2 2022.

Cryptocurrencies 200

Cryptocurrencies Games Operations Information 200

Dynamic Action

DECEMBER 28, 2022

If all you heard in the world of retail in 2022 was recession, inflation and supply chain, you weren’t alone. The entire industry felt headwinds that impacted the day to day operations of both new and legacy brands. Here are the most read blogs and listened to podcasts for 2022! Read More 3. Read More 4.

Blog 62

Blog Outdoor Games SEO 62

Retail TouchPoints

AUGUST 11, 2023

The annual ranking is compiled by global marketing consultancy Kantar and is determined by comparing year-over-year increases in domestic sales (in the case of the 2023 list, this means 2021 versus 2022). While some of the retailers on the list demonstrated remarkable growth, overall growth was markedly lower than in 2022. 21) and H.E.

Retail 246

Retail Accessories Consumer Subscription 246

Retail TouchPoints

SEPTEMBER 25, 2023

and Canada Shopify Plus merchants, first debuted in May 2022 , with the goal of helping brands identify and reach target customers on their preferred advertising networks. We’ve long said that commerce is not a zero-sum game. Shopify Audiences, which is currently available for U.S.

Shopify 263

Shopify Apparel Games Other 263

Retail TouchPoints

AUGUST 12, 2021

As for adidas, we will continue to focus our efforts on executing our ‘Own the Game’ strategy that will enable us to grow in an attractive industry, gain market share, and create sustainable value for all of our stakeholders.”. The transaction is subject to customary closing conditions and expected to close in Q1 2022.

Sporting Goods 264

Sporting Goods Games Supplies Operations 264

Retail TouchPoints

AUGUST 9, 2023

Target first announced its plans to add the Starbucks ordering option in February 2022 and expanded the pilot to an additional 240 stores in November 2022. The rollout to all 1,700+ Target stores with Starbucks Cafés and Drive Up service is projected to be complete by October 2023.

Food and Beverages 245

Food and Beverages Payment Services Games Customer 245

Ecommerce Platforms

AUGUST 15, 2022

Read below for all the Make it Big Conference details for 2022, including: What is Make it Big? Workshops to expect The lineup of guest speakers Keynote speakers How to register for the 2022 Make it Big Conference. Workshops to expect The lineup of guest speakers Keynote speakers How to register for the 2022 Make it Big Conference.

BigCommerce 104

BigCommerce Workshop eCommerce Platforms Small Business Retail 104

Retail TouchPoints

JUNE 10, 2022

Discount variety chain Dollar General is looking to self-checkout as a way to “leverage and reinforce our position as a low-cost operator,” COO Jeff Owen told analysts on the company’s Q1 earnings call on May 26, 2022.

Games 304

Games Operations Customer Technology 304

Retail TouchPoints

AUGUST 7, 2023

When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.”

Shipping Costs 245

Shipping Costs Merchant Services Payment Services Shipping 245

Retail TouchPoints

MARCH 21, 2023

“Omnichannel” has been an aspiration for brands for many years now, but while it used to refer to the merging of a retailer’s brick-and-mortar and ecommerce operations, it now means something very different. However, a shifting power dynamic became clear this year, driven by one simple fact — Amazon is no longer the only game in town.

eCommerce 290

eCommerce Fulfillment Shopify Omnichannel 290

Retail TouchPoints

AUGUST 23, 2021

The two companies originally teamed up in 2019 and currently operate 53 Disney shop-in-shop locations, which average approximately 750 square feet. Now it appears that even more stores are slated for closure, with WDW News Today reporting that only 25 Disney Stores will remain in operation by Sept.

Toys 290

Toys Social Media Gifts eCommerce 290

Retail TouchPoints

JANUARY 24, 2022

Retailers are heading into 2022 in the face of serious challenges, including inflation and labor shortages, but many executives are confident that the industry will prevail. In fact, 32% believe that retail as a whole will experience 5% growth or more this year, according to Deloitte’s 2022 Retail Industry Outlook.

Retail 264

Retail X-cart Omnichannel Supplies 264

Retail TouchPoints

JUNE 1, 2022

But if you’re interested in what’s driving retail growth right now, in 2022, you’ve come to the right place. In the ChaseDesign Q1 Shopper Sentiment Survey, 85% of people said, “I plan to shop in physical stores more in 2022 than last year.” billion per month (Mercatus Q1 2022 Report). By March 2022, this had declined to $8.7

Retail 299

Retail Games Magazine Demo 299

Retail TouchPoints

JANUARY 10, 2023

Launched in April 2022 , Buy with Prime is Amazon’s answer to the growing success (and power) of the third-party merchants that sell on its site. There was some head scratching by people when we announced this,” said Doug Herrington, CEO of Worldwide Amazon Stores at a conference for Amazon sellers in September 2022.

Merchant Services 299

Merchant Services Payment Services BigCommerce Payments 299

Retail TouchPoints

NOVEMBER 18, 2022

million people plan to shop between Thanksgiving Day and Cyber Monday in 2022, representing 69% of all holiday shoppers, according to a survey conducted by the National Retail Federation (NRF) and Prosper Analytics. An estimated 166.3 Total gift card spending is expected to reach $28.6 billion , compared with $28.1 billion in 2021.

Gifts 289

Gifts Department Stores Toys Banking 289

Retail TouchPoints

DECEMBER 6, 2023

This shift in power dynamic is driven by one major change — Amazon is no longer the only game in town. Brands, even those built on Amazon, have choices now; and newer marketplace operators like Walmart and Target , as well as OGs like Ebay , are making a determined pitch to be the platform of choice for third-party sellers.

Merchant Services 278

Merchant Services eCommerce Operations Games 278

Retail TouchPoints

AUGUST 21, 2023

Look to workforce development programs that your employees would be interested in; for example, at Goodwill of Colorado we offer our employees access to career training in banking, information technology, retail operations and logistics. For many of our employees, this is a game-changer.

Banking 242

Banking Improvements Games Payment Services 242

Retail TouchPoints

MARCH 10, 2023

But while Temu and Wish both operate as manufacturer-to-consumer marketplaces and offer a wide range of merchandise, from homewares to apparel, Shein operates more like a traditional retailer and focuses solely on fashion. 1 shopping app in America back in 2018 , but today it’s largely out of the game at No.

Shipping Costs 244

Shipping Costs Shipping Consumer Apparel 244

Retail TouchPoints

NOVEMBER 9, 2021

As product scarcity issues continue to dominate this holiday shopping season, consumers are increasingly turning to resale to get the goods — and platform operators are taking notice. eBay has expanded its refurbished goods offering, where shoppers can find discounted inventory from brands including Apple, Samsung and Dyson.

Supplies 323

Supplies Accessories Sporting Goods Shipping Costs 323

Ecommerce Platforms

JANUARY 28, 2022

Online stores, blogs, forums, and every type of website, app, and game on the internet requires web hosting, and that's why it's so essential to find a high quality host. The Best Green Web Hosting Out There (Jan 2022). DreamHost Hosting Reviews (Jan 2022) – Everything You Need to Know. Further reading ??. Go to the top.

WooCommerce 104

WooCommerce Management eCommerce Web Design 104

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2020

While brick and mortar stores still play a strategic role in this market vertical, online shopping has skyrocketed, and with $294 billion expected in online home furnishing sales by 2022, retail store owners can no longer afford to miss out on the opportunity to ramp up their cross-channel game plans.

Channel 61

Channel Games Payment Services Shipping Costs 61