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Express Launches Debt Restructuring Effort in Bid to Avoid Bankruptcy

Retail TouchPoints

Express’ ability to avoid bankruptcy hinges on whether its lenders will agree to provide more liquidity or loosen repayment options, and whether the company’s vendors will continue shipping goods without tightening payment schedules, the sources told WSJ. In Q3 2023, which ended Oct. 28, 2023, and was reported on Nov.

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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

But the luxury market sits in a unique position of growth: spending on luxury goods grew approximately 20% in 2022, according to Bain & Company , and it is likely to expand further through 2023. The luxury market has a few key advantages that will likely safeguard it from financial turmoil. Will Luxury’s Biggest Market Rebound?

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The Best Etsy Alternatives to Consider in 2023

Ecommerce Platforms

Today, we’re going to going to be exploring the pros, cons, and features of each solution, to help you make the right choice for your budding business. The Best Etsy Alternatives for 2023 Etsy represents one of the most popular platforms for creative professionals selling handmade products on the market today.

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6 CX Trends for E-commerce Businesses to Look out for in 2023

lateshipment

Still haven’t gotten back from a much-needed break after a busy holiday season? Moving onto 2023, we need to draft our plans early to reach our goals for the year. Before we get started with the CX trends you must be aware of/ implement in 2023, let’s revisit things a little. . 6 E-commerce CX Trends to Look out for in 2023.

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The Order: Why It’s the Center of the Commerce Universe

Fabric Blog

Separate OMSs or processes for store orders, clienteling, social selling, call centers and traditional e-commerce orders need to be in the same place to offer agents and others a 360-degree view of the customer’s purchase history. Your omnichannel fulfillment and/or customer service are becoming suboptimal.

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ecommerce in Nigeria – tips for success

Payoneer

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027.

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The Global State of Autonomous Stores

365 Retail

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. In August 2023, the supermarket Rede Smart launched Smart Toda Hora.