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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. Operational agility. In ecommerce logistics, operational agility is a game-changer for small businesses.

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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. Tapestry already operates a fulfillment center serving the East Coast located in Jacksonville, Fla. Designed to distribute 22.2 RTP: The facility has opened at a time when the U.S.

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

Retail TouchPoints

billion by 2030 to expand its data center operations in Ohio, marking the second-biggest private sector company investment in the state, according to Ohio Governor Mike DeWine. trillion by 2029, according to Fortune Business Insights. Amazon will invest an estimated $7.8 Salesforce , Google Cloud and IBM round out the top five.

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The Post-Pandemic Fashion Industry Makeover

Retail TouchPoints

Fashion companies like Levi, Patagonia and Eileen Fisher are moving toward resale in a big way by tying up with companies like Trove who collect and operate the resale business for them. Gen Z and millennial shoppers are driving the fashion resale growth, with the market projected to grow to almost twice the size of fast fashion by 2029.

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

Retail TouchPoints

Technological support also will be vital to both the industry and its workers. “We To help workers transition to the higher-paying jobs that Mandel forecasts will be part of retail’s future, the NLC report made several recommendations to urban leaders, including: Institute minimum wages set to a living wage, currently $16.54

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The Ultimate Guide to Print on Demand Statistics for 2023

Ecommerce Platforms

By 2029, the industry is expected to be growing at a CAGR of approximately 31.5%, reaching a potential value of around $28 billion. Additionally, about 48% said they rely on automation for at least 50% of their operations. Printful also noted a growing interest in phone cases, bags, and drinkware made with print on demand technology.

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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.