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Beyond, Inc. to Lay Off 20% of Workforce as Company Shifts to an ‘Affinity Marketing Model’

Retail TouchPoints

Another clue came in the company’s Q3 earnings announcement, where Beyond described itself as “ an asset-light ecommerce and affinity data monetization company offering a comprehensive array of products and services that enable its customers to unlock their home’s potential. ” million and revenue decrease 16.6%

Marketing 256
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Beyond Accelerates Overstock Resurrection Following ‘Fatal’ Branding Mistake

Retail TouchPoints

owner of online retail brands Bed Bath & Beyond (BB&B) and Overstock , will bring back a standalone Overstock.com site in approximately five weeks rather than the September 2024 target date announced earlier. Beyond, Inc.

Shopify 298
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How Retailers Can Use AI to Improve Customer Experience and Build Trust

Retail TouchPoints

ecommerce spending is estimated to reach $1.7 trillion by 2027 – representing over 20% of overall retail sales. Additionally, global ecommerce spending could surpass $7 trillion as early as 2025. In the U.S.,

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Online Grocery Shopping During the Pandemic: What Worked and What the Future Holds

ESW

How Well Did Online Shopping Work? From the consumer’s viewpoint, online grocery shopping seemed to work pretty well for the most part. A May survey of 952 online shoppers by Digital Commerce 360 and Bizrate Insights found almost two-thirds (65%) of buyers scored their online shopping experience an eight or higher out of ten.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. The future of retail is closer than you think - 2025 will be here before you know it.

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4 Tips for Driving Digital Sales in Hyper-Dynamic Markets

Retail TouchPoints

trillion by year end (forecast) From 2020 through 2025, transaction value will likely grow 16.3% According to eMarketer estimates, worldwide retail ecommerce sales are as follows: 2020: $4.28 growth rate from 2019 2024: $6.39 of total retail sales, up from 13.8% growth rate from 2019 2024: $6.39 in the U.S.,

Marketing 274
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The Significance of Mobile Commerce (M-Commerce) in 2024

365 Retail

Mobile commerce is an essential part of today’s digital economy as consumers are increasingly using smartphones and tablets to discover new products. And M-commerce retail sales are set to exceed £100 billion in 2025. Seeing the benefits to their digital commerce operations.

Mobile 59