article thumbnail

Mango Plans to Open 500 Stores Worldwide Under New Strategic Plan

Retail TouchPoints

through 2026. Mango reaffirmed its focus on physical retail in its 2024-2026 Strategy — a broad vision and roadmap for growth that includes a refined value proposition, digital expansion plans, executive leadership updates and more. In 2022, 36% of its business came from online channels.

Fashion 214
article thumbnail

DSW Plans to Double Sales of Private Label Brands Over Next 5 Years

Retail TouchPoints

The company — which operates 650 locations under the DSW Designer Shoe Warehouse and The Shoe Company banners —announced plans to nearly double sales of its owned brands, from 19% of the business to one-third by fiscal 2026 (the fiscal year ending January 30, 2027).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Driving the Explosion of Retail Media (and How to Get in on the Action) 

Retail TouchPoints

Next year, [retail media] will be about $50 billion in media spend, which is about 25% of all digital media, and we’re seeing forecasts of around $100 billion by 2026.”. “We’re seeing something like 50 retail networks launched in the U.S. There are a number of reasons behind the rush to set up RMNs.

Retail 260
article thumbnail

How Gen Z is Disrupting the Fragrance Sector

ESW

billion by 2026. Surging Fragrance Sales from Ecommerce In addition to shifting purchase motivations, Gen Z is shaking up purchase channels. Fragrance also saw an uptick in online sales as influencer marketing surged and digital shopping channels were the primary way to buy. The rise in demand has a global impact.

article thumbnail

How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026. In 2022, Pandora banked 600 million visits across its online channels and stores. The store side of things is still important because it’s a product that people want to interact with.

Jewelry 220
article thumbnail

Why Two Cannabis Retailers are High on In-Store Tech and Innovative Design

Retail TouchPoints

billion globally by 2026. Nieboer believes that cannabis brands do an especially great job at creating these seamless stories across channels, “engaging customers’ senses through their marketing and physical spaces.” Technology is thoughtfully embedded into the entire customer experience to serve both consumers and budtenders.

Retail 352
article thumbnail

How an Omnichannel Approach Can Build a More Diverse Customer Base

365 Retail

According to Harvard Business Review, 73% of all consumers now use multiple channels during their purchase journey. Simply put, omnichannel commerce is a strategic approach to retail that focuses on delivering seamless customer experiences – whether the shopper is buying online from a mobile device, on a computer, or in a physical store.