Retail TouchPoints

JANUARY 3, 2024

Long viewed as a necessary evil, the retail returns process is emerging as an unexpected avenue for growth and customer engagement. In the rapidly expanding ecommerce market, projected to reach $3 billion in 2023, a significant 20% to 30% of online purchases end up being returned. Speed-to-restock is key in the returns cycle.

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Retail Shipping Costs Improvements Customer Experience 278

Retail TouchPoints

DECEMBER 13, 2023

Google Pay has partnered with Affirm and Australia-based Zip and will begin offering their pay-in-four services on Android devices early in 2024. BNPL got a boost as consumers worldwide grappled with inflation, and experts identified multiple BNPL growth opportunities in August 2022. YoY and $2.5 YoY and $2.5

Merchant Services 275

Merchant Services Payment Services Mobile Payments Mobile 275

Retail TouchPoints

NOVEMBER 13, 2023

August’s overall retail sales in the U.S. However, the overall data masks some key data points that may be of concern to retailers, including data showing declines in discretionary categories such as furniture (-1.0%) and sporting goods (-1.6%). And with less inflation, consumers will regain some spending power. year-over-year.

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Consumer Merchant Services Sporting Goods eCommerce 323

Algopix

APRIL 14, 2024

In the fast-paced world of eCommerce, where trends evolve overnight and consumer behavior shifts at the drop of a hat, the role of marketing leaders is more crucial than ever. As we step into 2024, it’s time to shine a spotlight on the 20 most influential eCommerce marketing leaders who are shaping the industry’s future.

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eCommerce Marketing eCommerce Marketing Toys 114

Retail TouchPoints

FEBRUARY 19, 2024

With this uncertainty in mind, I spent time on Saturday, November 25, 2023 seeking out early ecommerce sales data from Black Friday to gain a clearer understanding of how the market was performing. Adobe’s data also showed that mobile commerce passed the tipping point, driving 51.8% vs. 2022, according to the CNBC /NRF Retail Monitor.

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Retail TouchPoints

SEPTEMBER 29, 2023

Retail Group. Since acquiring Toys ‘R’ Us we have increased our global retail footprint by more than 50% with openings in the U.S., We now have over 1,400 stores and ecommerce sites across 31 countries, and as we head into 2024, we are excited to bring Toys ‘R’ Us to consumers everywhere.”

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Retail TouchPoints

OCTOBER 9, 2023

In 2024, it won’t be your dad’s supply chain. Shoppers’ retail preferences will be unlike anything we’ve seen even just a year ago. 1: Retailers are testing brands, hiding the parent brand. . #1: 1: Retailers are testing brands, hiding the parent brand. It’s still retail, but it’s not. More fluid.

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RetailMinded

FEBRUARY 1, 2024

Retail and 2024 are both in full swing, and both the year and commerce kicked off at the National Retail Federation in New York City in early January. Hearing well respected leaders explain why they value AI or other technologies that are bringing retail to life. It’s like uber for retail work.

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Retail Point of Sale Merchant Services Technology 119

Practical eCommerce

MARCH 27, 2024

McKinsey & Company foresees better times ahead for global sporting goods retailers despite shifting consumer preferences and uneven supply chains. The post Charts: Retail Sporting Goods Trends Q1 2024 appeared first on Practical Ecommerce.

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Sporting Goods Retail Supplies eCommerce 85

365 Retail

NOVEMBER 20, 2023

With the advancement of technology, the convenience of online shopping, and the increasing global trends, it is no wonder that the e-commerce industry is thriving. According to the US International Trade Administration, the UK, in particular, ranks third globally with the largest e-commerce market.

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eCommerce Shipping Costs eCommerce Marketing Technology 52

Retail TouchPoints

MAY 3, 2024

The California-based grocer will roll out Caper Carts, Instacart’s AI-powered smart carts, and FoodStorm, an order management system designed to power the retailer’s food service and catering experiences. Save Mart also will upgrade to Instacart’s Storefront Pro in order to add advertising to its ecommerce storefront.

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Retail Omnichannel Mobile Operations 282

Retail TouchPoints

JANUARY 11, 2024

Generative AI has put the retail industry at yet another inflection point. 2023 was a period of experimentation for retailers, and many thoroughly assessed where this new technology could have the biggest impact. But for many retailers the question remains, “Where can this new technology best help my organization now?”

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Retail TouchPoints

DECEMBER 8, 2023

29, 2024, a few months prior to Bergh’s departure, which is scheduled for April 26, 2024. Bergh has been elected as Executive Vice Chair of the Levi’s board until his retirement date, after which he will transition to the role of senior advisor until the end of the company’s 2024 fiscal year.

Travel 278

Travel Omnichannel Consumer Marketing 278

RetailMinded

APRIL 18, 2024

Online shopping continues to grow as a significant part of modern commerce. Data from Forbes Advisor shows that global retail e-commerce sales will hit $6.3 trillion in 2024, making up around a fifth of all retail transactions. Consumers, in particular, are becoming targets of cyber attacks.

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eCommerce Merchant Services Social Media Payment Services 59

RepslyBlog

MARCH 12, 2024

In our recently unveiled 2024 Outlook Report, a significant shift in the priorities of CPG and Retail Services leaders has come to light. Notably, a whopping 90% of those with access to budget information are planning to either maintain or increase their investments in retail execution technology this year.

eCommerce 52

eCommerce Retail Technology Improvements 52

ESW

APRIL 19, 2024

ESW’s Global Voices Report Shows Many Developing Countries—including India, UAE, China, and Mexico–Are More Sustainably-Minded New York, NY—April 19, 2024—US consumers are less sustainably minded than they were just a year ago, according to a new Global Voices survey from ESW, the world’s leading direct-to-consumer (DTC) ecommerce company.

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Consumer Download Shipping eCommerce 78

Retail TouchPoints

MAY 8, 2024

Today, it is hard to imagine any sector where AI has yet to be deployed in some capacity, including, increasingly, retail, which has turned to AI for everything from streamlining the supply chain to personalizing shopping experiences. The potential utility of biometric data to retailers is wide-ranging.

Payment Services 298

Payment Services Retail Outdoor Technology 298

ChannelAdvisor

OCTOBER 31, 2022

The e-commerce market for electronics has seen steady growth in the last few years and is projected to keep growing as overall electronics sales grow, and an increasing proportion of these sales happen online. In addition, electronics consumers are a unique audience in e-commerce, and there is still much to be learned.

eCommerce 52

eCommerce Electronics Consumer Social Media 52

Forrester eCommerce

APRIL 30, 2024

Healthcare consumers’ expectations for easier, faster, retail-like experiences are not fading away. It is no longer enough to offer a digital front door alone — healthcare organizations must intercept consumers and customers as they navigate an increasingly complex and diverse healthcare ecosystem.

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Customer Experience Customer Consumer Retail 225

RetailDive

DECEMBER 5, 2023

While Amazon is the preferred e-commerce retailer overall, Walmart is the top pick for online grocery shopping, a Bank of America survey found.

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eCommerce Banking Consumer Retail 127

Retail TouchPoints

APRIL 25, 2024

Membership programs are quickly becoming 2024’s hottest accessory, whether you’re a luxury resale platform or an electronics ecommerce site. Online marketplaces Rebag and Newegg have joined the growing roster of retailers launching membership programs.

Consumer Electronics 147

Consumer Electronics Electronics Shipping Costs Retail 147

Algopix

MARCH 12, 2024

In the ever-evolving landscape of e-commerce, Amazon stands tall as the titan of online retail. In 2024, as the competition intensifies, staying ahead necessitates harnessing the power of cutting-edge Amazon product research tools. The Top Amazon Product Research Tools for 2024 1.

eCommerce 119

eCommerce PPC Conversion Optimization Information 119

CPC Strategy

APRIL 26, 2024

Streaming 100 Streaming Statistics & Trends for Advertisers [2024] By Tinuiti Team Apr 26 2024 Streaming video is gradually overtaking broadcast TV as the media of choice for many viewers, and for good reason. 16] In 2024, brands spent $30.10 16] In 2024, brands spent $30.10 This is due to consumers spending 9.3

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Blog Subscription Games eCommerce 76

Retail TouchPoints

JULY 5, 2022

This scaling back follows a disappointing Q1 2022, during which the ecommerce giant reported a $3.8 The reductions may be in response to reduced consumer spending. Census Bureau found that ecommerce sales as a percentage of total retail sales declined slightly in Q1 2022 compared to Q4 2021, even though they grew 2.4%

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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 231

eCommerce Platforms eCommerce Merchant Services Operations 231

Retail TouchPoints

JANUARY 2, 2024

With the decline in high street spending and increased online competition from ecommerce stores, companies in the retail space need to be effectively innovating to keep up. of ecommerce sales in 2024. An app gives retailers an opportunity to learn even more about their consumers. Take E.l.f.

Improvements 272

Improvements Retail Mobile Customer Experience 272

365 Retail

MAY 13, 2024

As well as increasing overall visitor head count by +28% year-on-year, the Retail Technology Show (RTS), the event that connects retail’s changemakers and cutting-edge technology providers, has revealed that the number of senior, decision-making retail attendees also grew in 2024, with over eight in ten visitors in senior level roles.

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Events Technology Retail Beauty and Health 103

Retail TouchPoints

FEBRUARY 16, 2024

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. Consumers are only one click away from retailers at all times. In the U.S.,

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Retail TouchPoints

MAY 14, 2024

Today’s consumers, especially Gen Z ( 73% ) and millennials ( 62% ), prefer to buy from a brand that offers interactive experiences that go beyond the standard ecommerce grid. Qurate Retail’s New App and FAST Channel Qurate Retail’s Sune shopping app. While livestreaming has yet to take off in the U.S.

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Retail TouchPoints

MARCH 13, 2024

” Wayfair also plans to give away a total of $250,000 to empower consumers to create a space that reflects their own personal style. .” ” Wayfair also plans to give away a total of $250,000 to empower consumers to create a space that reflects their own personal style. The promotion will run through March 16, 2024.

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Retail TouchPoints

MAY 20, 2024

Saks Social Club has helped bolster the luxury ecommerce retailer’s marketing initiatives, with members starring in its campaigns, creating custom content for Saks digital channels and supporting virtual and in-person events.

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Arts Fashion Events Marketing 263

365 Retail

NOVEMBER 29, 2023

Registration for the Retail Technology Show (RTS), the leading event that connects the industry’s changemakers and brings together Europe’s most forward-thinking retailers and leading tech innovators, is now open. Meanwhile, a new dedicated Ecommerce Pavilion will showcase the latest technologies for digital commerce.

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Technology Retail Events Payment Services 57

Retail TouchPoints

FEBRUARY 7, 2024

As a result, as the science of commerce has evolved rapidly online, driving deeper personalization and more efficient deployment of marketing and logistics resources, the physical store environment has remained stubbornly analog.

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Retail TouchPoints

MAY 8, 2024

Ecommerce sales are expected to hit $6.3 trillion in 2024 and continue to grow steadily through 2027, according to eMarketer research. Despite this macro growth, ecommerce site abandonment remains a big issue for all brands, regardless of their size or product category.

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Merchant Services eCommerce Channel Mobile 263

365 Retail

NOVEMBER 20, 2023

Amidst the ever-changing business landscape, 2024 is a pivotal juncture for companies contemplating expansion. This article delves into key considerations for business expansion in 2024, addressing global trends, technological advancements, consumer behaviour shifts, and more.

eCommerce 52

eCommerce Games Consumer Article 52

RetailMinded

APRIL 2, 2024

There are privacy regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act that need to be followed. How To Boost Your E-commerce E-commerce has become a very important part of global retail, especially during the last few years.

eCommerce 52

eCommerce Order Fulfillment Live Chat Shipping 52

365 Retail

APRIL 2, 2024

Millennials are the most likely shopper demographic to have their buying decisions influenced by Retail Media ads at the shelf-edge, the latest research from the Retail Technology Show (RTS), taking place on 24 & 25 April 2024 at London’s Olympia, reveals.

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Technology Retail Social Media Events 109