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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. Retail TouchPoints (RTP): Why did Tapestry need another fulfillment center in addition to its existing one in Jacksonville, Fla.? labor market is very tight. Designed to distribute 22.2

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AWS to Invest an Additional $7.8B to Expand Ohio Facilities

Retail TouchPoints

trillion by 2029, according to Fortune Business Insights. The news comes as Amazon’s Web Services (AWS) division looks to grow its reach in the cloud-computing space, demand for which is expected to grow exponentially with advancements in AI and machine learning. Salesforce , Google Cloud and IBM round out the top five.

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The Post-Pandemic Fashion Industry Makeover

Retail TouchPoints

The fashion resale market is one of the fastest growing consumer-driven sectors today. The resale market is set to hit $36 billion by 2024, growing at 39% CAGR (versus overall retail at approximately 2% pre-pandemic). Fashion resale is quickly becoming a bright spot in an otherwise gloomy COVID retail slump.

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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. Working with Enfuce, Starcart can use virtual cards, allowing consumers to buy anything, from anywhere, in any currency, and finish online shopping from multiple retailers in just one click. So how can businesses get a piece of it?

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Padded mailers witnessing healthy sales, buoyed by rapid expansion of e-commerce: FMI

Retail Technology Review

In the backdrop of increasing demand for compact and cost-efficient protective packaging solutions, the growth outlook of global padded mailers market will remain positive during the forecast period (2019 - 2029). A new study projects healthy 5% CAGR for padded mailer sales during the period of projection.

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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 billion in the US in 2021 – an all-time high, according to the National Retail Federation’s 2022 Security Survey. The majority of this figure, however, comes not from customer shoplifting but organised retail crime, and a further 28.5

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Streamlining Ecommerce Expansion with a DTC Partner

ESW

However, venturing into the international market presents a myriad of challenges—from navigating complex logistics to ensuring a seamless customer experience across diverse cultures. Global commerce is evolving quickly, with more shoppers in more markets looking to buy a wider variety of products than they can find locally.