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Coach CEO Q&A: New Las Vegas Fulfillment Center will Reduce Delivery Times by 50%+

Retail TouchPoints

The facility, which currently employs 200 full- and part-time employees, is expected to require an additional 400 full-time workers by 2029. Tapestry already operates a fulfillment center serving the East Coast located in Jacksonville, Fla. Designed to distribute 22.2

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Resale market predicted to reach $44B in 2029

RetailDive

A recent survey from ThredUp indicates more consumers may turn to used goods as they look to save cash.

Marketing 129
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The Post-Pandemic Fashion Industry Makeover

Retail TouchPoints

It has been a year since the pandemic rocked a fashion industry that was already feeling the pressure of trying to keep pace with consumer shifts toward digital, ethical sourcing and eco-friendly products. Here are some of the overarching themes of the changing consumer sentiment that will shape the fashion industry’s journey ahead.

Fashion 289
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Embedded Finance: Making Payments Possible in New Frontiers

Retail TouchPoints

In fact, embedded finance will be a $777 billion opportunity by 2029. In doing so, businesses as diverse as consumer goods suppliers, transport operators, healthcare providers and entertainment companies can layer payment services into their processes, attract new customers with seamless payment journeys and generate additional revenues.

Payments 252
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Self-checkouts are here to stay, but retailers shouldn’t leave cash buyers behind in the pursuit of progress

365 Retail

billion by 2029, at a CAGR of 15.0 And with good reason – consumers still value it. Between 2022 and 2027, the number of retail cash automation devices installed at retailers worldwide will grow to around 1.3 ” (RBR, January 2023) “The global self-checkout system market is projected to grow from $4.51

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Mastercard Announces That Magnetic Stripes Will Be Phased Out

Korona

All cards with magnetic stripes will be completely phased out by 2029 in Europe and 2033 in the U.S. And while the United States has been slower to adopt it, the majority of consumers now use cards with EMV or contactless technology fully enabled. Additionally, consumers increasingly prefer using PINs or swipes.

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How NFTs Can Fight Fraud and Increase Customer Loyalty

Omnisend

This type of sensor would not give off an active signal (like an ankle monitor), but rather a passive way for companies and consumers to scan and prove the sneakers’ authenticity. In practice, a consumer can purchase a pair of sneakers from a Shopify store and receive the NFT via email or into their Real Items wallet.