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Starbucks Unveils Evolved ‘Reinvention’ Plan

Retail TouchPoints

Shot #3: Becoming ‘Truly Global’… … by expanding its global store footprint to 55,000 by 2030, an average of eight new stores a day, as well as the expansion of its digital platforms across all licensed partners globally. said Michael Conway, Group President of International and Channel Development at Starbucks in a statement. “We

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5 Tips to Going Digital in the Heavy-Duty Automotive Aftermarket Industry

Pivotree Blog

billion USD by 2030. With the right digital tools and expertise, you can revamp inventory management to get the most out of your supply chain, fine-tune customer experience, and proactively find the right ways to safeguard your journey from any potential roadblocks.

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Technology trends in the retail industry for 2023

iVend

But the challenge for retailers is how to provide this personalisation at scale , without compromising efficient operation and growth. Here we look at how technology is changing retail, and the key ways that technology trends in the retail industry for 2023 are enabling greater personalisation and customer experience.

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Simplifying Supply Chains: How WMS & OMS Can Drive Customer-Centric Growth

Pivotree Blog

Because as we’ve learned in the past couple of years, supply chain disruptions are inevitable, but failing customer expectations doesn’t have to be. According to Gartner , around 83% of businesses expect supply chains to enhance customer experience as a part of their digital strategy.

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Should Quick Commerce Be Part of Your E-Commerce Strategy?

ChannelAdvisor

Valued at approximately $25 billion , the quick commerce industry is predicted to be worth over $75 billion in 2025, and according to the World Economic Forum, demand for last-mile delivery is expected to grow 78% globally by 2030. And even for dedicated start-ups, quick commerce has high operational costs and can be extremely competitive.

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To defy the retail apocalypse, Target and Best Buy embrace the blur

Steve Dennis

This line of largely misguided thinking contributed mightily to the idea that physical retail was destined to go away and led to some aggressive predictions about online shopping penetration getting to 50% by 2030 (or even 30% by 2025) that look less and less prophetic every day. The customer is the channel.

Retail 97
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7 Stories that Shaped 2023 — and What They Foretell for 2024

Retail TouchPoints

But in the midst of this rampant sector growth, public companies operating in resale, like ThredUp and The RealReal , found themselves under increasing pressure from investors and shareholders to make not just headlines but actual profits. Nicole Silberstein 2. Adam Blair 5.