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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. As ecommerce sales continue to grow, so does the focus on logistics, enabling retailers to meet the rising demand for shipping. trillion in 2029.

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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.? Designed to distribute 22.2

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

Retail TouchPoints

The retail industry has been through dramatic changes in the past year-plus, and the disruptions are far from over even as we move into a post-COVID economy. However, we’re seeing that the number of jobs and labor hours that were created in ecommerce is greater than the number of jobs/labor hours lost in [brick-and-mortar] retail.

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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 resale market is set to hit $36 billion by 2024, growing at 39% CAGR (versus overall retail at approximately 2% pre-pandemic). 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. The New Look of Fashion Retail.

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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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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.