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Ecommerce growth could create 12 million sq ft of last mile logistics space requirements by 2025

Retail Technology Review

Ecommerce sales are forecast to rise from 27% to 30% by 2025, resulting in an additional £37 billion worth of online retail sales.

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Conversion Optimization Strategies for Luxury Online Retailers

UpSellIt

Despite growing economic concerns at the hands of global pandemic, the online luxury retail market is growing. While traditional conversion strategies work for online retailers, there are specific considerations to be made for luxury retailers. Conversion Optimizations Strategies for Luxury Online Retailers.

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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 277
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Zalando, YOOX Net-a-Porter, About You Band Together to Tackle Carbon Emissions in the Supply Chain

Retail TouchPoints

Online retailers About You , YOOX Net-a-Porter and Zalando have teamed up to reduce carbon emissions in their value chain by creating an online platform designed to help their brand partners set climate targets and reduce greenhouse gas emissions.

Supplies 221
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How Retailers Can Use AI to Improve Customer Experience and Build Trust

Retail TouchPoints

trillion by 2027 – representing over 20% of overall retail sales. Additionally, global ecommerce spending could surpass $7 trillion as early as 2025. To combat this challenge, modern retailers are embracing AI to help improve the customer experience by increasing speed of service and adding a more personalized touch.

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ASOS Links Executive Pay to Sustainability Goals

Retail TouchPoints

ASOS is on the path to expansion — the online retailer acquired four brands from Arcadia Group including Topshop and Miss Selfridge earlier this year for £265 million, and later entered a joint venture with U.S. department chain Nordstrom to drive global growth of the brands.

Fashion 198
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How to win grocery on Amazon | Salsify

Salsify

With online grocery spending projected to increase to $100 billion by 2025 , brands have to adapt in order to capture the growing revenue potential. Part of ensuring success in this category means creating a tailored shopping experience that is optimized to win consumers on Amazon, the biggest online retailer in the country.