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PetSmart Joins Expanding Roster of Retailers Offering BNPL

Retail TouchPoints

billion by 2026, compared to 340 million in 2021. We’re excited to provide this innovative program to our customers, whether they’re shopping in-store or online.”.

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Want to Cut the Cost of Fast Fulfillment? It All Starts with Inventory Placement

Retail TouchPoints

The retailer plans to build these Market Fulfillment Centers (MFCs), which use robotics to streamline processes, into additional stores in the future, part of its overall plan to bring automation to 65% of its stores by 2026. to customers by 10 p.m. That has been [Amazon’s] mantra all the time: ‘Get it to the customer faster.’

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4 Ways Retailers can Leverage Generative AI to Drive Revenue and Productivity

Retail TouchPoints

These first movers near universally are noting the gigantic opportunity to transform their business, from operations to customer relations and retention. trillion in 2026, from $3.3 It can also be used to analyze customer reviews and provide succinct review summaries to customers researching certain products.

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Top 5 China Ecommerce trends to watch in 2023

365 Retail

We predict more and more retailers will start to leverage the metaverse to gain customer loyalty and develop products – by 2026, it’s expected that a quarter of consumers will spend at least one hour a day in the metaverse for work, shopping, education, social or entertainment.

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Sneaker and Sportswear Ecommerce: the ‘Non-Luxury’ Luxury Apparel Leader 

Retail TouchPoints

Nike is a standout performer in the apparel market with the highest brand value of any mass apparel brand, approximately $110 billion, and in 2020 the global sneaker market was valued at approximately $79 billion , which is predicted to hit $120 billion by 2026.

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Future Of Cloud-Based POS

Korona

The global cloud POS market is expected to reach $9 billion by 2026. The POS system is also essential for building customer loyalty through rewards programs, product subscriptions, and just-in-time offers. Check out this blog to learn about the future of cloud-based POS systems.

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How MACH Technologies Help Retailers Foster a Dynamic Customer Experience

Retail TouchPoints

Perhaps it’s no surprise that one Statista study projects revenue from customer experience personalization and optimization software will reach $11.6 billion by 2026 worldwide, or roughly 65% greater than its 2020 levels.