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Foot Locker to Boost Digital Investments 50% as it Aims for 25% Online Sales by 2026

Retail TouchPoints

Our digital transformation will create a more agile modern platform,” said Elliott Rodgers, Chief Operations Officer at Foot Locker on a call with investors. We will evolve to a more agile product and platform operating model that delivers capabilities and personalized customer journeys with a faster speed to market.”

Mobile 270
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Instacart Looks Beyond Delivery with Suite of Tools to Support Grocery’s Digital Transformation

Retail TouchPoints

.” The suite of enterprise-grade tools will be housed under the new Instacart Platform banner, bringing together a range of solutions to help retailers digitize their end-to-end grocery operation. Carrot Warehouses will power 15-minute ultrafast delivery for Publix customers in Atlanta and Miami over the coming months.

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

GetElastic

Each year Gartner makes market predictions and recommendations based on research and trends. 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 of their revenue or $3.1,

Consumer 148
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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 leverages hyper-localized search combined with millions of product attributes to recommend products. And there’s plenty of money at stake.

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Store Management Costs in the Era of Ecommerce

Retail TouchPoints

in 2022 and 2026 respectively. shows that manually picking online orders from a store and delivering it for free has a typical operating margin of -15%. Going through this review process should be the template for uncovering further ways to improve the operational efficiency of in-store picking. of total US grocery sales.

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6 Paid Social Trends to Be Aware of in 2024

Retail TouchPoints

trillion by 2026, more than doubling its current value. Online retailers operating in these specific sectors in particular should not overlook TikTok’s potential for their advertising strategy. With its growing audience, which currently stands at 1.7

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How Ecommerce Retailers Can Prepare Now for Back-to-School 2022

Retail TouchPoints

Among shoppers aged 55 to 64 — a cohort that includes many parents of school-age and college-age kids — only 12% consider personalized recommendations a critical feature of their ecommerce experience. The takeaway here is to know your customer base so you know how much to invest in personalization.