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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? 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

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. Retailers looking to reenergize their business need to strategize, innovate and invest in such new technologies to remain relevant in the future. The New Look of Fashion Retail.

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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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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

billion by 2029. The new service from Moss Bros will be launched in partnership with CaaStle , a leading rental technology platform in the US. “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.”. Moss Bros / PA).

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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

billion by 2029, at a CAGR of 15.0 per cent” (Fortune Business Insights, 2020) The Covid pandemic saw many retailers upgrade their point-of-sale technology. .” (RBR, January 2023) “The global self-checkout system market is projected to grow from $4.51 billion in 2022 to $12.01