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3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. freight and logistics market size is slated to grow from $1.29 trillion in 2029. freight and logistics market size is slated to grow from $1.29

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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. RTP: What are the most important technology investments that have been made in the new fulfillment center? 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. This positions Ohio as a critical location for the most discussed technology in the world, artificial intelligence,” said Ohio Lt. The industry was worth an estimated $480 billion in 2022 and is expected to reach $1.7 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). live-shopping market is far behind at an estimated $5 billion. Fashion Resale. Social Commerce.

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Economist is ‘Optimistic, but With an Asterisk’ About Post-Pandemic Retail

Retail TouchPoints

While many analysts have focused on the losses, particularly those to frontline and store-based workers, one leading economist believes that, on balance, the retail labor market will be one that’s actually better for employees. Technological support also will be vital to both the industry and its workers. “We would decrease by 7.4%

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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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Moss Bros launches menswear subscription service

365 Retail

“When people started talking about sustainability in some cases, I think it was a little bit of marketing speak, but I think it’s real now.”. According to GlobalData, the UK rental market value is expected to reach £2.3 billion by 2029. An estimated £140 million worth of clothing is disposed of by Brits every year.