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

Retail TouchPoints

To better serve a growing legion of West Coast customers, Tapestry , parent company of brands including Coach and Kate Spade , opened its 788,000-square-foot North Las Vegas Fulfillment Center in November. RTP: What are the most important technology investments that have been made in the new fulfillment center?

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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.

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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.

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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

Staff and customer theft (or ‘retail shrink’ as it’s known) grew to $94.5 The majority of this figure, however, comes not from customer shoplifting but organised retail crime, and a further 28.5 billion by 2029, at a CAGR of 15.0 And with good reason – consumers still value it.

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The Ultimate Guide to Print on Demand Statistics for 2023

Ecommerce Platforms

At the same time, consumers are searching for more sustainable, personalized products, boosting demand for the print on demand approach. According to one report, 48% of today’s customers say they’re willing to wait longer to receive their item, if it means they can access a personalized product.

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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. So while banks and credit card companies have already given merchants plenty of reasons to adopt the chip and PIN technology , they’ve still left plenty of time for the new technology to be gradually adopted.