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How Uniqlo Plans to More than Triple its North American Store Count by 2027

Retail TouchPoints

Uniqlo reportedly plans to expand its North American footprint by 10% by opening 20 to 30 stores annually to reach 200 locations by 2027, Daisuke Tsukagoshi, CEO of Uniqlo North America told Reuters. The Japanese retailer currently has 47 stores in the U.S.

Fashion 286
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Resale Continues to Rise: Global Secondhand Sales to Hit $350B by 2027

Retail TouchPoints

secondhand apparel market is projected to reach $70 billion by 2027; globally the secondhand market is set to nearly double by 2027, reaching $350 billion. In fact, one in three apparel items bought in the last 12 months in the U.S. was secondhand, and among Gen Z that number was two in five. As a result, the U.S.

Apparel 272
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US Digital-Influenced Retail Sales Will Top $3.8 Trillion In 2027

Forrester eCommerce

trillion in 2027. Forrester forecasts US digital-influenced retail sales to grow from $2.7 trillion in 2022 to $3.8

Retail 195
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Here’s How To Get Your S/4HANA Migration Plans Under Control

Forrester eCommerce

Given the current rate of client conversion, fewer than 50% of SAP ECC customers will have completed their transformation to S/4 by 2027. Furthermore, about 13,000 ECC customers are on EHPs 0–5, with support only up to 2025 and calling for an even more urgent decision on the future of their ERP. Moreover, 90% of […]

Customer 409
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By 2027, US Online Retail Spending Will Reach $1.6 Trillion

Forrester eCommerce

Forrester’s 2022 Online Retail Forecast, US, provides insights about US total retail sales, online retail sales, and the online retail penetration forecast for 30 product categories for the next five years.

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Europe-5 Online Retail Sales Will Reach €553 Billion By 2027

Forrester eCommerce

The Europe-5 markets comprise the top five economies in Europe — in order of size, those are Germany, the UK, France, Italy, and Spain. In 2022, total retail sales for the Europe-5 countries continued to grow strongly, but this growth actually shifted from online channels and touchpoints to offline channels and touchpoints.

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HSN Launches Creator Platform to Build Direct Connections with Digital Influencers

Retail TouchPoints

In the growing creator economy, expected to reach $480 billion by 2027 , it is crucial businesses leverage partnerships with these trusted sources to make sure they meet today’s buyer where they are — seeking out authentic and transparent reviews and recommendations from those they trust, before making a purchase.