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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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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. Running a retail store , whether online or physical, means you have a lot of data, usually related to customers.

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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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2021 Technology Predictions for Retail Industry

iVend

billion in 2019 and is expected to grow at a CAGR of over 27% from 2020 to 2026. Growing adoption of cloud-based payment systems for inventory, employee, sales, and customer management in small businesses will boost the market growth. The subscription pricing covers licensing, support, updates and hosting charges.

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IRCE 2019 Day 1 Recap

ROI Revolution

The fastest growing age demo graphic in the labor force is currently 60+, and nearly half of the labor force increase between 2016-2026 will come from older workers. Moving down the line, Witcher has seen moderate investments in same day delivery, social commerce, subscription services, opening new marketplaces, and chatbots.

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