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Live Selling: the Solution for Deepening Consumer Relationships in a Rapidly Evolving Retail Landscape

Retail TouchPoints

Unfortunately, unexpected situations can occur at any moment, like a global pandemic that reduces foot traffic to a trickle, or the shift of consumer demand online from offline channels. Consumers Want Digital Interactions. Though a relatively new channel for retailers in the U.S., live selling is proving to be a lucrative offering.

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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
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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).

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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. Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026. Pandora, needless to say, is opposed to horrible consumer experiences.

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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. But what exactly is omnichannel and how can online retailers adapt to meet ever-changing consumer habits? But what exactly is omnichannel and how can online retailers adapt to meet ever-changing consumer habits?

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Foot Locker Moves Away from Malls with Plans to Close 400 Underperforming Stores

Retail TouchPoints

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.

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6 Things to Know About Ecommerce Consumers in 2023

ESW

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.