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Best Buy CEO Promises Enhanced Personalization, Physical Store Upgrades in FY2025

Retail TouchPoints

Best Buy will leverage its membership-based loyalty program to sharpen personalization efforts for its 2025 fiscal year, which began Jan. Best Buy closed 24 stores in FY 2024 and plans to close 10 to 15 in FY 2025. These efforts and more will serve to increase membership engagement and continue to improve retention.”

POS 273
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The AI Pricing Debate: Balancing Retail Innovation and Consumer Trust

Retail TouchPoints

According to one Gartner Market Guide : “By 2025, the top 10 global retailers by revenue will leverage contextualized real-time pricing…to manage and adjust in-store prices for customers.” A recent study by Coresight Research and Competera found that 92% of surveyed U.S. through 2028.

Consumer 296
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How Retail is Leveraging Unified Digital Experiences

Retail TouchPoints

The pandemic not only dramatically altered the way consumers shop, it altered the way retailers operate. It is now more crucial than ever for retailers to rethink the way they are looking at user experiences and customer journey mapping in order to drive personalization at scale without breaking the bank. trillion by 2025.

Retail 292
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Ecommerce with Flair: Digital Tools for a More Inspiring Online Experience

Retail TouchPoints

Another way to modernize product discovery is by enhancing how customers browse and search for products. Retailers can start by looking at their menus and assessing how customers navigate their site, including on their phones or tablets. By 2025, mobile sales are expected to account for 44% of retail ecommerce in the U.S.,

eCommerce 289
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5 Innovative Retail Display Trends to Watch in 2024

365 Retail

Additionally, using energy-efficient lighting and recyclable materials can reduce operational costs over time. This seamless integration also enables retailers to gather comprehensive customer data, allowing for more targeted marketing and personalised shopping experiences.

Retail 105
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RICE 2022: Why Target Brought a Touch of ‘Tar-zhay’ to Grocery Sales

Retail TouchPoints

Target was a model of agility during the pandemic, quickly expanding BOPIS and curbside pickup operations, and leveraging its store network for online fulfillment. Loyalty Program Yields Rich Customer Data. “We The retailer has committed to spending $2 billion with Black-owned brands (across multiple categories) by 2025. “It

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New Look Chairman and former Sainsbury’s CEO, Mike Coupe, confirmed as keynote speaker at Retail Technology Show

365 Retail

An afternoon keynote panel discussion with Watch Shop CEO, Robin Phillips and JML’s CEO, Ken Daly, will also future gaze to what retailing will look like in 2025. . New Look Chairman and former Sainsbury’s CEO, Mike Coupe, confirmed as keynote speaker at Retail Technology Show. The evolution driving Ecommerce Growth & Omnichannel.