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The Container Store Plans 74 New Locations by 2027

Retail TouchPoints

This growth coupled with our more productive store base and disciplined expense management is expected to result in low double digit operating margins over time as inflationary headwinds abate,” said Satish Malhotra, CEO and President, in a statement. The FY2021 results mark the first time the retailer has topped $1 billion in sales.

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

Retail TouchPoints

With the increase of mobile wallets and more consumers hopping on the e-gift card bandwagon, merchants must practice a heightened sense of vigilance around issues of gift card fraud. This can be easily integrated through a custom mobile app, keeping their fraud costs low and maximizing approvals of legitimate transactions.

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What is Order Management? The Enterprise Retailer’s Guide to Processing, Fulfillment, and More

Fabric

However, while global e-commerce sales are growing at an accelerated pace, the traditional approach to order management has not kept up with the evolving needs and expectations of modern customers. That’s where modern order management comes into play. What is Order Management? What is an order management system (OMS)?

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5 Real-World Ways 5G Will Transform Retail

Retail TouchPoints

Source: Coresight Research “Building Blocks of the Metaverse: 5G” Both at a consumer and an enterprise level, 5G is still in its infancy, but it’s expected to grow quickly and become the dominant mobile access technology by 2027 reaching 90% penetration in North America within that time, according to Ericsson.

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Contentsquare CMO Reveals Why Brands’ Best Acquisition Strategy is a Retention Strategy

Retail TouchPoints

trillion in 2024 and continue to grow steadily through 2027, according to eMarketer research. Jennifer Peters , Senior Manager of Ecommerce at Olly , told us: ‘The secret sauce to growth is total and complete customer empathy. Mobile delivered 77% of traffic, but only 56% of revenue. Ecommerce sales are expected to hit $6.3

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From Barcodes to Bytes: Retailers Prepare for Next-Generation UPC

Retail TouchPoints

Groundbreaking at the time, but now sorely outdated, UPCs are finally getting a facelift and moving into the 21st century thanks to the GS1 Sunrise 2027 initiative. Walmart mandated that its suppliers put it on products by 2022, which has made a big impact on RFID adoption. Doesn’t that sound amazing?!

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

Retail TouchPoints

trillion by 2027. In ecommerce only five things really, truly matter: the item and providing as much detail as possible; price; inventory management; order management; and finally, the customer. A project manager’s life is finite within that project; it’s one and done, next project. billion valuation.