365 Retail

MARCH 26, 2024

Nearly half (45%) of UK consumers have been using savings accumulated during Covid-19 lockdowns to offset the cost-of-living crisis, according to new research from the Retail Technology Show (RTS), the industry’s leading event taking place on 24 & 25 April 2024 at London’s Olympia. while Boomers reported the smallest pots at £4,069.20.

Consumer 105

Consumer Technology Events Banking 105

RetailDive

OCTOBER 4, 2023

The company sees direct-to-consumer retail as a key growth opportunity and plans to expand its offerings in the training category.

Consumer 107

Consumer Retail 107

Retail TouchPoints

JANUARY 17, 2024

Together, we’re getting consumers and brands alike to understand the power of resale and keep well-made items in circulation. Implementation of the DPP requirement will be rolled out in a staggered fashion from 2026 to 2030, beginning with batteries. This partnership is far bigger than The RealReal.

Fashion 262

Fashion Technology Information Consumer 262

Retail TouchPoints

APRIL 11, 2022

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).

Sporting Goods 319

Sporting Goods Accessories Supplies Apparel 319

Retail TouchPoints

FEBRUARY 21, 2024

Online shopping is now easier than ever before, enabling consumers to purchase everything from socks to a dining room table from a computer at their home to a mobile phone in an airport terminal. The ease of online shopping also gives consumers the ability to comparison shop more quickly, showing them more options in less time.

Shipping Costs 255

Shipping Costs Shipping eCommerce Small Business Retail 255

Retail TouchPoints

JANUARY 30, 2023

Consumers purchase groceries through the Addie’s app or website and then choose a pickup window. ” The pandemic served as a propellent for online grocery, and many consumers aren’t returning to traditional in-store shopping: online grocery is expected to account for 20.5% grocery sales by 2026, according to Mercatus.

Consumer 312

Consumer Management Technology Other 312

Retail TouchPoints

AUGUST 30, 2021

Global BNPL spend will reach $995 billion in 2026 , accounting for 24% of physical goods purchased by value, according to data from Juniper Research. BNPL brings forward the timeframe of an actual purchase,” said Chris Ventry, VP in the Consumer and Retail practice of SSA & Company in an interview with Retail TouchPoints.

Payment Services 282

Payment Services Consumer Retail Customer 282

Retail TouchPoints

MAY 9, 2023

Consumables Division. Walmart plans to introduce automation at nearly two-thirds of its stores and aims to have approximately 55% of its fulfillment center volume move through automated facilities by the end of fiscal 2026. Watkins is a 24 -year Walmart veteran who has served in multiple roles, most recently as EVP of the U.S.

Fulfillment 271

Fulfillment Improvements Customer Experience Operations 271

Retail TouchPoints

MAY 17, 2022

There was a time, not too long ago, when it took a lot of convincing to get consumers to consider secondhand. Now, both consumers and the retailers that serve them are quite willingly jumping on the resale bandwagon, driving an already hot sector toward even further growth. Retailers and Brands Take the Baton.

Apparel 319

Apparel Fashion Retail Consumer 319

RetailDive

MAY 20, 2022

Consumers are turning to used goods to save money during a time of high inflation, a new report found.

Marketing 130

Marketing Consumer 130

Retail TouchPoints

APRIL 10, 2023

Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026. The key, according to Van Dijk, is having “a lean operation behind the scenes that will allow us to provide the right information to our consumers,” in particular when it comes to inventory.

Jewelry 262

Jewelry Omnichannel Operations Technology 262

ESW

JUNE 23, 2023

trillion by 2026, making up 27% of all retail sales. And as the number of ecommerce consumers continues to grow, new markets and segments are emerging along with it. But keeping up with consumer behaviour around the world can be overwhelming for even the biggest ecommerce brands.

Consumer 78

Consumer eCommerce Payment Services Shipping Costs 78

Retail TouchPoints

JUNE 28, 2022

Recommerce, the sale of secondhand merchandise, is a hot topic as consumers become more enthused about recycling goods rather than contributing to enormous mountains of landfill waste. While secondhand marketplaces are steadily growing, they barely make a dent in the billions of items today’s consumers generate. Take the U.S.

Merchant Services 241

Merchant Services Fashion Technology Consumer 241

Retail TouchPoints

SEPTEMBER 29, 2022

Essity is now becoming the global market leader in leakproof apparel, which is an important step towards our goal of being the world’s fastest-growing company in intimate hygiene, providing increased wellbeing for customers and consumers,” said Magnus Groth, President and CEO of Essity in a July statement. billion in the U.S.

Apparel 182

Apparel Operations Consumer Customer 182

Retail TouchPoints

JANUARY 9, 2024

According to McKinsey , the growth of RMNs could represent as much as $100 billion in ad spending by 2026. Digital Audio Meets Consumers Where they Spend Their Time In 2022, 74% of US internet users, or 222.7 Simply by checking a few boxes in your programmatic platform, new inventory types are ready to activate and test.

Retail 289

Retail Omnichannel Channel Mobile 289

Retail TouchPoints

JUNE 9, 2022

The new investment will help Recover increase its production to more than 350,000 metric tons of recycled cotton fiber per year by 2026, saving up to 5 trillion liters of water annually — the equivalent of the drinking water consumed by over 4.5 billion people each year.

Apparel 256

Apparel Arts Fashion Supplies 256

Retail TouchPoints

MARCH 21, 2023

Citing the growing popularity of sneakers among consumers of all ages and lifestyles, the company is looking to push its advantage in the category by enhancing its focus on “all things sneakers,” investing in new technologies and streamlining its business.

Operations 272

Operations Omnichannel Presentation eCommerce 272

Retail TouchPoints

NOVEMBER 10, 2023

As consumer spending dips, retailers and ecommerce businesses are facing a perfect storm that is impacting their digital advertising ROI. The result is a growing need to optimise digital campaigns to ensure they are reaching the right consumers and delivering legitimate traffic to their websites. trillion by 2026.

Marketing 324

Marketing Retail eCommerce Mobile 324

Groove

FEBRUARY 22, 2024

Consumers are concerned about the economy, but localized support remains strong for small businesses. Experts predict that online sales will increase from $6 trillion to over $8 trillion by 2026. Studies show that customers still prefer to be contacted by eCommerce businesses via email.

Shopify 312

Shopify eCommerce eCommerce Platforms Customer 312

365 Retail

APRIL 2, 2024

Original research of over 1,000 UK adults by RTS showed that almost half (47%) of Millennial consumers would be influenced to buy a new product having been served immersive, digital ads in-store, compared to 35% of average UK shoppers.

Technology 111

Technology Retail Social Media Events 111

Retail TouchPoints

AUGUST 11, 2022

The secondhand retail sector is projected to double over the next five years, reaching $82 billion by 2026, according to the 10 th annual ThredUP Resale Report. At launch, Pre-loved will only be available in Finland, but Marimekko plans to expand the service to other markets in the near future.

Sporting Goods 264

Sporting Goods Outdoor Gifts Other 264

Retail TouchPoints

APRIL 10, 2023

For retailers and regional payments, consumer payment preferences play one piece, while checkout optimization and diversification play another. Breaking down regional payment barriers starts with meeting consumers’ preferred payment methods and needs regardless of where they live or travel. trillion by 2026. The good news?

Payment Services 260

Payment Services Merchant Services Payments eCommerce 260

Retail TouchPoints

MAY 18, 2023

To continue on a positive trajectory, the retail sector must focus on the growth being driven by consumers’ continued adoption of online shopping. In grocery ecommerce alone, online revenues are expected to account for more than 13% of total category sales by 2026. The numbers can be even higher in some cases.

Improvements 268

Improvements PPC Retail Financial Services 268

Retail TouchPoints

APRIL 14, 2023

In recent years, the financial landscape has changed dramatically with new economic challenges making it increasingly difficult for consumers to commit to recurring monthly payments. Consumer concerns around inflation also remain “highly elevated”. trillion by 2026, growing at a compound annual growth rate (CAGR) of 9.5%.

Payment Services 275

Payment Services Subscription Banking Information 275

Retail TouchPoints

JULY 15, 2022

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 287

Retail Download Marketing Customer Experience 287

Retail TouchPoints

MARCH 24, 2022

We are eager to continue to test and iterate on these new concepts as consumer needs continue to evolve.” ” While traditionally one of the slowest retail sectors to embrace ecommerce, grocers were forced to quickly evolve during the pandemic as stores shuttered and customers demanded new ways to get their essentials.

Fulfillment 278

Fulfillment eCommerce Operations Omnichannel 278

FastSpring

APRIL 25, 2024

Pix, Brazil’s instant payment system introduced by the Central Bank of Brazil in 2020, has rapidly gained popularity among consumers as a preferred digital payment method. Furthermore, Pix is expected to comprise 20% of digital commerce transactions within Latin America by the same year.

Payment Services 78

Payment Services Merchant Services eCommerce Games 78

Retail TouchPoints

SEPTEMBER 14, 2023

that delivers pretty much any item to a consumer with science fiction-style immediacy, retailers remain bound by 21 st -century delivery methods. Unfortunately for retailers, fast fulfillment is rapidly moving from a differentiating “perk” to a consumer expectation. “On Until someone invents a Star Trek -style replicator (“Tea.

Shipping Costs 274

Shipping Costs Fulfillment Shipping Customer Loyalty 274

Retail TouchPoints

DECEMBER 7, 2022

The event’s unusual timing means more consumers are adding the sport’s memorabilia to their holiday wish lists this year — and that has created major opportunity for retailers selling soccer gear and specifically, World Cup and team-focused memorabilia. The 2026 World Cup will return to a summer schedule with Canada, Mexico and the U.S.

Games 275

Games Events Books Supplies 275

Retail TouchPoints

AUGUST 27, 2021

Even before the COVID-19 pandemic dramatically accelerated the growth of ecommerce and raised consumer expectations for seamless, almost instantaneous fulfillment, on-demand deliveries were already becoming the norm across the globe. billion in 2026. In the U.S. billion in 2020 to $33.7 The Tradeoff. Not necessarily.

Customer 264

Customer Fulfillment Consumer Omnichannel 264

Retail TouchPoints

JANUARY 13, 2023

In periods of soaring inflation, consumers look to buy products they truly need. They ensure consumers are connected with the right products early on, ease the purchase process and lead to higher conversion (CVR). As consumers decrease their spending, purchasing pre-loved items will become a more popular consumer action.

Shipping Costs 286

Shipping Costs Retail Recommendation Consumer 286

Retail TouchPoints

MARCH 27, 2023

In doing so, businesses as diverse as consumer goods suppliers, transport operators, healthcare providers and entertainment companies can layer payment services into their processes, attract new customers with seamless payment journeys and generate additional revenues. trillion by 2026.

Payments 264

Payments Payment Services Financial Services Consumer 264

GetElastic

DECEMBER 30, 2021

changing consumer behavior. billion in 2020 and is expected to reach USD 27.155 billion by 2026, at a CAGR of 16.8% over the forecast period 2021 - 2026. It makes sense the likes of Amazon, Google and Apple would stay ahead of the curve with voice-enabled devices as the public moves more towards voice search on the internet.

Banking 148

Banking Automotive Mobile Technology 148

Retail TouchPoints

JUNE 23, 2022

This is also the ideal time to review the online customer journey, because consumer expectations for ecommerce convenience and personalization are higher than ever, based on the findings of ClearSale’s 2021 State of Consumer Attitudes on Ecommerce, Fraud & CX survey. Give Back-to-School Shoppers Alternative Payment Options.

Payment Services 296

Payment Services eCommerce Payments Retail 296

ChannelSale

MARCH 13, 2024

trillion dollars and will cross 8 trillion dollars by 2026. An increase in the live streaming of thousands of products in a minute to viewers in an exclusive event by many companies will increase consumers’ interest in not missing out on limited-time, unmatchable offers. Statistics confirm that e-commerce sales in 2023 crossed 6.5

eCommerce 103

eCommerce Payment Services Social Media Comparison Shopping 103

Retail TouchPoints

OCTOBER 28, 2021

And increasingly, consumers are reselling those items rather than leaving them to gather dust or putting them out on the curb — particularly as a growing number of digital resale platforms make that process easier than ever before. Shifting Consumer Sentiment Lifts Secondhand Stigma. billion items. ‘Tis the Season for Secondhand.

Supplies 279

Supplies Gifts Retail Toys 279

Retail TouchPoints

JANUARY 16, 2023

trillion by 2026. As consumers continue to turn to ecommerce shopping, CPG brands must find ways to win the attention of online shoppers to drive product sales. A digital shelf strategy is essential to reaching the right consumers at the right time to get your brand onto shopping lists and into carts.

Social Media 162

Social Media Consumer eCommerce Online Retail 162