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Walmart Plans to Bring Automation to 65% of its Stores by 2026

Retail TouchPoints

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. Expected benefits include improvements to in-stock rates , inventory accuracy and flow across stores, pickup services and delivery.

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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. India, Italy and Spain are the other store “homes” planned for the coming years.

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Walmart Names Two-Decade Veteran to Top Merchandising Role

Retail TouchPoints

There, she helped accelerate topline sales through supplier partnerships, increased innovation and improved customer experiences. This could help unit cost averages improve by approximately 20% , further increasing resilience during a potential economic downturn. Consumables Division.

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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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Retailers Must Adopt a Technology-First Strategy to Survive

Retail TouchPoints

Retailers then began to focus on improving operational efficiencies and the shopper experience to support the company’s strategy. For retailers, this means constantly examining how technology can improve their business and the way they serve their customers. Relentless focus on the customer.

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Gartner 2023 Predicts: Brands Must Focus On Composability, AI, and Building Consumer Trust

GetElastic

Here’s what Gartner predicts: “By 2026, the speed of digital innovation will improve by 60%, relative to 2022, for organizations that have established mechanisms to reuse composable digital commerce modules.” “By A poor experience with one seller can create a domino effect and damage consumer confidence in other sellers.

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Utilizing the External Data Boom for Digital Shelf Optimization

Retail TouchPoints

trillion in sales by 2026. Many companies can track their own digital shelf data, allowing them to align products across platforms, perform A/B testing and improve inventory management. Opportunities for digital shelf optimization heavily depend on the changes on competitors’ shelves and how customers react to them.