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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.

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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. Traditional financial services like current savings or loan accounts that have struggled with being perceived as complicated can be reimagined as compelling customer experiences that ease and improve their daily lives. So how can businesses get a piece of it?

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3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

trillion in 2029. Today’s retailers need to focus just as much on the logistics side of their business operations to streamline processes, maintain profitability and provide the best possible customer experience. It should come as no surprise that the U.S. freight and logistics market size is slated to grow from $1.29

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

Retail TouchPoints

The report predicts that retailers could improve their gross margins by 25% or more by 2029 “if they were able to fully take advantage of all the benefits that AI can provide.” While inventory distortion continues to be a monumental problem, the industry has made progress in a number of areas.