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The Container Store Plans 74 New Locations by 2027

Retail TouchPoints

With only 5% of total market share today, we are confident in the opportunity ahead to grow sales to $2 billion by fiscal 2027.”. Following a net sales increase of 10.5% to $1.1

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Self-scanning stores to triple by 2027: report

Retail Dive

European countries are driving mobile checkout adoption, but the U.S. is catching up, the report suggests

Mobile 91
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Self-checkout shipments could surpass 300K by 2027: report

Retail Dive

Cashless systems are growing in popularity, and retailers are testing new features like facial recognition

Retail 94
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By 2027, US Online Retail Spending Will Reach $1.6 Trillion

Forrester Digital Transformation

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. Age of the Customer Retail Retail Trends

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

Forrester Digital Transformation

trillion in 2027. Forrester forecasts US digital-influenced retail sales to grow from $2.7 trillion in 2022 to $3.8 Age of the Customer B2C Marketing digital business Retail Retail Trends

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US online retail sales to reach $1.6 trillion by 2027: report

Retail Dive

Total retail sales are expected to reach $5.5 trillion by that same year, according to Forrester

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US B2B E-Commerce Will Reach $3 Trillion By 2027

Forrester Digital Transformation

This report outlines the potential of the US B2B e-commerce space across 11 durable and nondurable product categories, with historical data going back to 2008. Age of the Customer B2B Research CIO insights digital disruption

B2B 52
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VillageMD exploring merger with Summit Health

Retail Wire

Walgreens plans to open 1,000 VillageMD clinics inside its stores by 2027. VillageMD, which is controlled by Walgreens Boots Alliance, is in talks about a possible merger with Summit Health, the parent company of CityMD.

Retail 52
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Open Banking Adoption Is On The Cusp Of Robust Growth In Europe

Forrester Digital Transformation

Forrester’s European Open Banking Forecast predicts a doubling of the adoption of open banking across countries, and use cases, from 2022 to 2027.

Banking 52
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Why marketing automation is a must in your 2023 marketing strategy

Funnel.io

by 2027. Marketing automation can boost the efficiency of your marketing team, your sales productivity, and the overall performance of your business. It’s no wonder the marketing automation sector is expected to grow from $5.2B in 2022 to $9.5B

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McColl’s extends Morrisons supply deal

TalkingRetail

McColl’s has extended its supply arrangement with Morrisons for a further three-year period to January 2027. Morrisons is now the single wholesale supplier across the entire McColl’s estate.

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An Overview Of Ecommerce Marketplace In 2023

Ecommerce Guru

Between 2023 and 2027, Amazon’s revenues are expected to total billions. The year 2023 is anticipated to be successful for the top online marketplace sector. Online markets have developed into thriving companies in recent years.

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

GetElastic

By 2027, 20% of customers who ordered from enterprise marketplaces in 2022 will retreat from them due to ethical concerns and lack of trust.” By 2027, 20% of customers who ordered from enterprise marketplaces in 2022 will retreat from them due to ethical concerns and lack of trust.”

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Wait staff say tips shouldn’t count towards minimum wage

Retail Wire

will include a ballot measure in November to ban subminimum wages by 2027. Restaurant employers in 42 states have the option of paying their wait staff a “subminimum wage” with tips counted towards the minimum required. Many workers claim, however, that they are not compensated on slow weeks when tips fail to make up the difference. Washington, D.C. in-article

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Levi’s Plans to ‘Accelerate Growth’ by Adding 400 New Stores, Tripling Ecommerce

Retail TouchPoints

At its June 1, 2022 Investor Day, Levi Strauss and Co executives laid out an aggressive strategy to propel the company toward revenues of $9 to $10 billion by 2027, by doubling down on DTC and diversifying beyond denim. “We

Apparel 94
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E-commerce forecast to be 25% of global retail by 2024

RetailWire

The total is expected to rise to $7 trillion by 2024, or 25% of retail sales, and hit $10 trillion by 2027 A Group M forecast says that global retail e-commerce will total $3.9 trillion in 2020, or 17% of global retail sales, excluding food and delivery services.

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ACS urges government to help local shops to improve energy efficiency

TalkingRetail

The government is proposing to introduce an increase in MEES to EPC C by 2027 and EPC B by 2030. The Association of Convenience Stores has called on the government to ensure that local shops are supported in the move to meet proposed minimum energy efficiency standards (MEES).

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Ecommerce Content Marketing Tips: Leveraging Email, Blogs, SEO, & More

ROI Revolution

By 2027, email marketing is expected to generate $17.9 Between 2022 and 2027, email marketing software revenue is expected to grow by $1 billion – more than double what it was in 2020. E-mail marketing revenue worldwide from 2020 to 2027.

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Making Your Business Case For SAP S/4 HANA

Forrester's Customer Insights

Clients continue to ask about the business case for SAP S/4 HANA — even more so now that SAP has pushed back the maintenance/support window for the predecessor product SAP ERP Central Component (ECC) to 2027 (with extended maintenance options also available beyond that date).

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Levi’s beats the street

Retail Wire

“Although the operating environment remains dynamic, the diversity of our business is providing the resilience and flexibility needed to drive solid financial results in fiscal year 2022, while progressing us on our path to achieve net revenues of $9 to $10 billion and adjusted EBIT margin of 15% by fiscal year 2027,” said CFO Harmit Singh.

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Build Resilience with Global Sourcing

Retail TouchPoints

billion by 2027, exhibiting a CAGR of 17.93% from 2021 to 2027. .

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Beyond Yoga to Enter B&M With Pop-Up Experience in L.A.

Retail TouchPoints

By 2027, the company aims to reach a combined revenue of $1 billion for Beyond Yoga and Dockers. Beyond Yoga will unveil its first brick-and-mortar location on June 25 with a pop-up experience at The Grove in Los Angeles that will be open from June 25 to July 24, 2022.

Retail 95
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Walgreens Partners with Blue Shield of California to Add 12 Additional Health Corner Locations

Retail TouchPoints

Walgreens is aiming open a total of 600 VillageMD primary care practices by 2025 and 1,000 by 2027.

Retail 87
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BJ’s Wholesale Club Taps DoorDash for On-Demand Delivery in 17 States

Retail TouchPoints

By 2027, the global last mile delivery market is expected to reach more than $200 billion , nearly double what it was in 2020. BJ’s Wholesale Club has partnered with DoorDash to offer on-demand grocery delivery from 226 locations across 17 states.

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Levi’s Picks Kohl’s CEO as LS&Co. President

Retail TouchPoints

Levi’s announced its strategy for propelling the company toward revenues of $9 to $10 billion by 2027 at its June 2022 Investor Day , including plans to open 400 new stores along with elevating and strengthening the company’s core brands: Signature by Levi Strauss & Co.,

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How Much Do Ads on Social Media Cost in 2023?

ROI Revolution

Sources Statista, Number of social media users worldwide from 2017 to 2027. With each new year comes new goals and resolutions – not just for our personal growth, but also for our brand growth!

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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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Shocking News: 7-Eleven Plans to Install 500 Electric Vehicle Ports

Retail TouchPoints

7-Eleven had set sustainability goals in 2016 that included achieving a 20% reduction of CO 2 emissions from its stores by 2027, but it reached that goal in 2019 — eight years ahead of schedule.

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Walmart Steps Up Ecommerce Investment With Cross-Border Commerce and NFT Projects

Retail TouchPoints

India is already one of Walmart’s top sourcing markets, and the retailer’s new goal is to sell $10 billion in goods from the country annually by 2027. Walmart is beefing up its ecommerce operations on several fronts via cross-border commerce, metaverse investments and a new executive.

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Find the Right Pricing to Drive Revenue in the Metaverse

Retail TouchPoints

Here’s the fact: by 2027 the global metaverse market is expected to reach $344.8 You might have heard the term “metaverse” for the first time only in 2020. That’s when it became an omnipresent word in ecommerce and social media.

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Headless Solution Provider fabric Valued at $1.5B after Latest Funding Round

Retail TouchPoints

trillion by 2027. Ecommerce software company fabric has raised $140 million in a Series C funding round led by SoftBank, less than a year after its $100 million Series B. Fabric’s funding to date now totals $293 million and puts fabric at a $1.5 billion valuation.

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Walgreens Boosts Primary Care Bonafides With Majority Stake in VillageMD

Retail TouchPoints

Walgreens is planning to open at least 600 Village Medical at Walgreens primary care practices by 2025 and 1,000 by 2027, building on the 80 that are expected to open by the end of 2021. Walgreens Boots Alliance will invest an additional $5.2

Retail 95
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How Artificial Intelligence Helps Increase Sales for Retailers

Wiser

In 2020, the retail sector invested more than $2 billion in artificial intelligence, and it is estimated to grow at an annual rate of more than 30 percent between 2021 and 2027.

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Don’t Get Scammed by a Grifter: How to Avoid and Manage Gift Card Fraud

Retail TouchPoints

Data even shows that the global market is expected to reach $2,076.51B by 2027 , and that 1% to 4% of U.S. Fraud and gift cards go hand in hand.

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Supply Chain Digitalization Challenges that Every Retailer Faces and how to Mitigate Them

Retail TouchPoints

The global data analytics market is projected to grow at a CAGR of 13.84% in the period between 2023 and 2027. The supply chain industry has changed a lot over the past couple of years.

Supplies 100
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The Rise of Omnichannel Fulfillment: Dynamic Fulfillment Networks Create Opportunities for Brands

Retail TouchPoints

billion by 2027. Retailers know that despite high inflation and a volatile economy, consumer expectations are at an all-time high. Research shows that the majority of consumers want next-day delivery.

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The Future of BOPIS and Curbside Pickup

Kibo

This is expected to grow to over 700 billion USD by 2027, according to a new report by Research and Markets. BOPIS and curbside pickup have come from virtually nowhere to become a mainstay of modern retail fulfillment.

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NRF Retail’s Big Show: Day 3 Recap

Kibo

billion in 2027. Day 3 marks the end of another NRF Retail Big Show, but we walk away armed with insights, data, and ideas that will help Kibo and our clients thrive in 2023 and beyond.

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LiveIntent Taps Retail Media Product Leader to Support Continued Success & Innovation

Liveintent

GroupM estimates that retail media advertising will increase 60% to $160 billion by 2027. CitrusAds’ Mike Pisula joins the people-based marketing platform. LiveIntent , is proud to announce the hire of Mike Pisula as VP, Product Development. In his role, Pisula will lead go-to-market efforts and drive product strategy and execution for the company with an emphasis on retail media. Retail media networks turn retailer first-party data and inventory into a powerful new revenue stream.

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Point of Sale Features for Multichannel Retailers: Key Features To Consider

Korona

million by 2027. Customer experience is at the heart of running a multi-channel retail store. Selling products or services is no longer only carried out in a physical store.

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Future of Ecommerce: How Technology Will Change in 10 Years

Blue Acorn

If we told you that by 2027 humans wouldn’t be driving anymore, never had to touch a dollar bill, or would be willing to cut off an arm for an electronic one, would you call us crazy? In the US, we are still fighting just to use hobby drones for photography, but it’s not unreasonable to think drones will be in the air by 2027. If you think virtual reality and augmented reality are cool now, wait until you see how they have changed civilization by 2027.

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Essential Email Marketing Statistics To Strengthen Your Strategy in 2023 (With Infographic)

Ecommerce Platforms

billion by 2027. According to a Statista review, examining the revenue growth of email marketing between the years of 2020 and 2027, email is on a steady growth trajectory. By 2027, this revenue will almost double, to approximately $17.9 billion by 2027.

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How Retail Businesses Can Use Customer Data to Enhance Targeted Marketing

Retail TouchPoints

billion by 2027, with a compound annual growth rate of 19.9% As soon as COVID-19 and the ensuing stay-at-home orders first hit the U.S. in March 2020, consumer buying behavior began shifting.