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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. Tapestry already operates a fulfillment center serving the East Coast located in Jacksonville, Fla. Designed to distribute 22.2

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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 259
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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. By 2029, the industry is expected to be growing at a CAGR of approximately 31.5%, reaching a potential value of around $28 billion. These products are commonly used as personalized gifts.

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IHL Study: Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023

Retail TouchPoints

Inventory distortion, whether it’s out-of-stocks or overstocks, are a huge and costly challenge for retailers and suppliers, and too often a source of great inconvenience to consumers. Theft has contributed $379 billion this year: nearly $203 billion by consumers and approximately $175 billion by employees.

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33 best small business ideas to make money in 2023

Omnisend

Solves a problem A good small business idea addresses a problem or pain point faced by consumers. Unique Value Proposition Besides addressing a problem that consumers face, a good idea for a small business must also have a unique way to deal with this problem. Also, determine if you can innovate your offering as consumer needs change.