Remove 2026 Remove Channel Remove Omnichannel Remove Operations
article thumbnail

Foot Locker to Boost Digital Investments 50% as it Aims for 25% Online Sales by 2026

Retail TouchPoints

Our digital transformation will create a more agile modern platform,” said Elliott Rodgers, Chief Operations Officer at Foot Locker on a call with investors. We will evolve to a more agile product and platform operating model that delivers capabilities and personalized customer journeys with a faster speed to market.”

Mobile 268
article thumbnail

The Untapped Potential of Audio in Retail Media Networks

Retail TouchPoints

Diversifying advertising budgets with omnichannel media, like digital audio, will help advertisers reach unique and performative audiences at scale, with mere clicks of a button. According to McKinsey , the growth of RMNs could represent as much as $100 billion in ad spending by 2026. ad spending to increase 5.1% The silver lining?

Retail 287
Insiders

Sign Up for our Newsletter

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

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).

article thumbnail

Express to Expand Retail Presence in Indonesia, Paraguay and Central America

Retail TouchPoints

WHP also will build up the brand’s presence in Mexico with IB Group and grow its brick-and-mortar footprint in Central America via its partnership with Fastco , including four new Express stores in key locations through 2026. The company also plans for shop-in-shop experiences in Mexico and Indonesia.

Toys 250
article thumbnail

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

Retail TouchPoints

The ultimate goal is to deliver personalized, omnichannel experiences to customers in all of Pandora’s 100 markets. To do that will take a years-long effort, already underway, to break down data silos and transform the company’s global operations. “As In 2022, Pandora banked 600 million visits across its online channels and stores.

Jewelry 242
article thumbnail

Instacart Looks Beyond Delivery with Suite of Tools to Support Grocery’s Digital Transformation

Retail TouchPoints

“The grocery industry is undergoing a digital transformation where customers expect a seamless experience across many channels, but behind the scenes it’s taking an incredible amount of work and investment for retailers to deliver these new services,” said Fidji Simo, CEO of Instacart in a statement.

article thumbnail

Store Management Costs in the Era of Ecommerce

Retail TouchPoints

Food retail demand has become fractured across multiple channels, with traditional brick-and-mortar formats losing out to the online medium. in 2022 and 2026 respectively. shows that manually picking online orders from a store and delivering it for free has a typical operating margin of -15%. of total US grocery sales.