Retail TouchPoints

FEBRUARY 7, 2023

Higher-income consumers are less impacted by inflation and, while aware of higher food, home and transportation costs, still have the funds to drive luxury sales and luxury growth,” said Marie Driscoll, Managing Director, Luxury and Retail at Coresight Research in an interview with Retail TouchPoints.

Payments 286

Payments Omnichannel Payment Services Consumer 286

Retail TouchPoints

MAY 12, 2021

Amazon continues to stimulate investment in the development of green technologies and low carbon products and services that will enable companies of all sizes to decarbonize their operations.”. “At Amazon, we are committed to using our scale for good,” said the company in a statement announced the bond issue.

Technology 256

Technology Presentation Operations Consumer 256

Retail TouchPoints

SEPTEMBER 17, 2021

British online fashion and beauty retailer ASOS has laid out a comprehensive plan to achieve a detailed set of Environmental, Social and Governance (ESG) goals by 2030, including becoming net zero across its full value chain. and Germany. and Germany. department chain Nordstrom to drive global growth of the brands.

Fashion 207

Fashion Supplies Online Retail Consumer 207

iVend

JANUARY 17, 2023

But we’re also seeing exciting technology trends * in the retail industry. There has never been so much tech in retail, with retail technology solutions having the power to help attract and retain customers, for sustained growth and profit. See how we’re implementing digital technology in retail stores. between 2022 and 2030 ++.

Technology 85

Technology Retail Omnichannel Customer Experience 85

Retail TouchPoints

JUNE 24, 2022

Focus and blame generally turn to the manufacturing, production and distribution parts of the chain, but other aspects are not usually at the forefront of the mind, especially when it comes to the consumer standpoint. In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers.

Fashion 321

Fashion Shipping Costs Supplies Apparel 321

Retail TouchPoints

JUNE 30, 2021

Farfetch is committed to becoming “more circular than linear” by 2030 as part of its recently launched 2030 sustainability goals, and growing Farfetch Donate in the U.S. consumers an easy and sustainable way to refresh their wardrobes,” said Thomas Berry, Director of Sustainable Business at Farfetch in a statement.

Clothing 196

Clothing Accessories Apparel Shipping 196

Retail TouchPoints

JULY 17, 2023

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. from 2023 to 2030. Example: Walmart Walmart is applying IoT technologies for effective store equipment management. Exceptional customer experience.

Food and Beverages 237

Food and Beverages Payment Services Retail Payments 237

Retail TouchPoints

AUGUST 12, 2021

IL MAKIAGE is a tech-driven beauty brand focused on “using unparalleled technology to connect people with superior, painstakingly tested, beauty products.” In fact, this is IL MAKIAGE’s second technology acquisition in the last 24 months, demonstrating the company’s focus on building its competitive infrastructure. billion in 2019.

Technology 264

Technology Consumer Information eCommerce 264

Retail TouchPoints

JANUARY 24, 2023

Economic headwinds are likely to blow harder when consumers’ savings from the pandemic dwindle, which a Charles Schwab analyst believes could happen by Q3. There is built-up excess savings — estimates vary in the $1.5 to $2 trillion range — and that has been fueling consumption.

Food and Beverages 275

Food and Beverages BigCommerce Home Furnishings PayPal 275

Retail TouchPoints

AUGUST 3, 2023

At this point, the pilot is testing whether the Rubi technology could be integrated at a larger scale in the Walmart supply chain with the effective capture of carbon emissions. and Canada. That’s a Wrap: Minimizing Packaging Offers Multiple Benefits The best sustainability efforts have multiple positive impacts.

Shipping Costs 236

Shipping Costs Apparel Shipping Supplies 236

365 Retail

FEBRUARY 14, 2022

ii] As EVs continue to grow exponentially ahead of the 2030 ban on new petrol and diesel vehicles, a significant proportion of the vehicle visiting Ediston’s sites will be electric in the near future. This model is a blueprint for charging infrastructure at retail parks across the country.

Consumer 114

Consumer Retail Marketing Technology 114

Retail TouchPoints

FEBRUARY 23, 2022

In the pandemic’s wake, many retailers set up flexible fulfillment services in order to meet new safety guidelines and consumer requirements. Technology, operations, fixtures, displays and the overall flow of the store will “have to be thought of together and at the same time.

Fulfillment 275

Fulfillment Vend Operations Technology 275

Retail TouchPoints

AUGUST 23, 2023

There’s no doubt the technology can bring tremendous benefits, such as allowing more customers to pay at the same time, thus reducing wait times without having to staff additional cashier stations. Additionally, 85% of Gen Z consumers use self-checkout when available, driven largely by the convenience factor.

Information 235

Information Payment Services Customer Management 235

Retail TouchPoints

NOVEMBER 6, 2023

The core of this approach is “aligning our brand with the values and expectations of today’s consumers, while expanding our reach and optimizing our operations.” As part of this process, Princess Polly committed to halving its emission intensity by 2030. “To

Fashion 239

Fashion Omnichannel Operations Consumer 239

Retail TouchPoints

MAY 31, 2022

But just like those other technologies, 5G is less a specific solution and more of an enabler. Then in 2019, 5G entered the scene (in case you were wondering, 6G is predicted to arrive around 2030). “5G These new features make 5G much more attractive for businesses and enterprises than previous mobile technologies.

Merchant Services 350

Merchant Services Retail Mobile Food and Beverages 350

Retail TouchPoints

JANUARY 7, 2022

The threats posed by the pandemic caused many consumers to focus on foundational needs such as food, shelter and safety. But despite the initial shift toward the all-consuming COVID-19 response, brands and retailers should now recalibrate their perspectives. And, of course, toilet paper.

Home Shopping 275

Home Shopping Travel Consumer Technology 275

Ecommerce Platforms

MAY 22, 2023

At the same time, consumers are searching for more sustainable, personalized products, boosting demand for the print on demand approach. billion by 2030 ( Polaris ) The commercial printing market, also connected to the POD landscape, is also on the rise. billion by 2030. The global commercial printing market will reach $574.12

Clothing 104

Clothing Shipping Costs Presentation Apparel 104

Retail TouchPoints

NOVEMBER 27, 2020

The current shift towards online shopping is what we would have expected to see in 2030, meaning that the pandemic has accelerated the rise of ecommerce by a decade. In fact, I predict that Black Friday this year will look a lot more like what we expect it will look like in 2030, and that’s not a change that will revert back next year.

Electronics 312

Electronics Consumer SEO Retail 312

365 Retail

APRIL 25, 2022

They complete Retail Technology Show’s line-up of over 90 retail visionaries, including New Look, Pandora, Dreams, The Very Group and Amazon , who are also confirmed to speak at retail’s premier event, taking place at London’s Olympia on 26-27 April 2022. To register to attend, visit: [link].

Technology 52

Technology Payment Services Events Retail 52

Retail TouchPoints

APRIL 13, 2022

This greatly expands the reach of the cryptocurrency to consumers, moving it beyond something that’s only used by tech enthusiasts or industry professionals. billion by 2030, a number that’s likely conservative as well-known retailers expand their footprint into this space. Understand and advocate cryptocurrency.

Cryptocurrencies 235

Cryptocurrencies Payment Services Retail Payments 235

Retail TouchPoints

JUNE 8, 2023

is estimated to be around $2 billion and by 2030 is expected to increase to $30 billion. The market is driven by “sneakerheads” and resellers, often using bots to buy up large quantities of in-demand sneakers, leading to shortages for regular consumers. In fact, the sneaker resale market in the U.S.

eCommerce 249

eCommerce Fashion Jewelry Electronics 249

Retail TouchPoints

DECEMBER 19, 2022

Consumers are left disappointed, feeling cheated and let down. To put this into perspective, Cowen Equity Research has predicted that the sneaker resale market will be worth $30 billion globally by 2030. This surge of reseller abuse can have a negative impact on the business-consumer relationship.

Merchant Services 162

Merchant Services Payment Services Shipping Costs Retail 162

Retail TouchPoints

JULY 10, 2020

Over the past decade, we have seen this sector move to a primarily online function and innovate to meet the needs of an ever-shifting assortment of consumers. Despite these unknowns, one thing has become apparent: Consumers are continuing to shop more and more. Shifting Consumer Behaviors. The retail industry is changing, fast.

eCommerce 154

eCommerce Merchant Services Retail Customer Experience 154

Retail TouchPoints

MAY 4, 2022

and Europe — conscious consumers are demanding to know how retailers produced their clothes, if the materials used were recycled or organic, and if the workers were paid fair wages with good working conditions. Two-thirds of consumers say they now consider sustainability when making a purchase, making sustainability key to competitiveness.

Fashion 230

Fashion Supplies Document Consumer 230

365 Retail

SEPTEMBER 29, 2022

ClearPay’s Richard Bayer, EVP, Country Manager and Head of Sales , while on a panel at the Ecommerce Expo, co-located with Technology for Marketing, said “GenZ and millennials make over 90% of their purchases using a debit card. Brands need to be flexible in meeting their consumers’ needs. said Krista Nordlund. said Krista Nordlund.

Social Media 80

Social Media Fashion Technology Consumer 80

Retail TouchPoints

DECEMBER 5, 2022

Japan’s cross-border ecommerce market is growing as well: today it’s a $2 billion (USD) market, estimated to reach over $5 billion in 2030, and where new opportunities lie for U.S. Japanese consumers are extremely savvy, with purchases based on quality, value, packaging, style, reviews and of course, pricing. and global companies.

Shipping Costs 173

Shipping Costs Leisure Electronics PPC 173

365 Retail

JUNE 28, 2022

ParcelHero’s Head of Consumer Research, David Jinks M.I.L.T., All UK retailers must align their High Street and online sales to counteract a likely further fall in consumer confidence in the months ahead. ParcelHero’s influential report “2030: Death of the High Street” has been discussed in Parliament. Read the full report here.

eCommerce 97

eCommerce Outdoor Accessories Clothing 97

ESW

MARCH 29, 2023

Here is a look at how luxury brands are adapting and evolving to meet consumer demands. Consumers are fully supporting the change, with 20% of total luxury goods revenue coming from online sales in 2022. So, which luxury brands are the most trustworthy in the eyes of consumers? The answers vary depending on the demographic.

Fashion 78

Fashion Games Consumer Technology 78

Retail TouchPoints

OCTOBER 18, 2022

(AEO) has invested heavily in winning the hearts, minds and dollars of Gen Z consumers. From Roblox to Snap, the retailer is dedicated to not just being where this consumer is but also creating compelling experiences that drive engagement. RTP: What roles do mental health and wellness play in your ESG strategy?

Consumer 261

Consumer Operations Improvements Retail 261

365 Retail

AUGUST 8, 2023

compound annual growth rate from 2023 to 2030. Brief history of smart glasses While the concept of augmented reality (AR) combined with eyewear has been in ideation for the past decades, it was only in 2012 that Google Glass attempted to integrate these two technologies into one. The post Smart Glasses – The Future of Shopping?

Technology 52

Technology Clothing Fashion Supplies 52

Dynamic Action

JUNE 20, 2023

Textile innovation is a major use case for technology, including more efficient fiber-to-fiber recycling methods and bioengineered fabrics. Digital garments can reduce carbon footprints and water consumption through satisfying the consumers’ craving for newness. 3D design capabilities are also cutting down sampling waste.

Fashion 62

Fashion Technology Clothing Consumer 62

Retail TouchPoints

APRIL 28, 2021

In response to major shifts in the coffee category — driven by younger consumers seeking authentic experiences — and listening to customers’ shopping preferences and convenience needs, Nespresso’s new boutique concept was developed to elevate its retail approach.

Arts 239

Arts Beauty and Health B2C Gifts 239

365 Retail

APRIL 27, 2023

billion by 2030… a CAGR of 13.3 per cent from 2022 to 2030.” per cent” (Fortune Business Insights, 2020) The Covid pandemic saw many retailers upgrade their point-of-sale technology. And with good reason – consumers still value it. billion in 2022 to $12.01 billion by 2029, at a CAGR of 15.0

Payment Services 52

Payment Services Retail Banking Point of Sale 52

365 Retail

FEBRUARY 14, 2022

CACI, the consumer and location intelligence specialist, has revealed the potential volume of additional footfall that retail and leisure destinations can expect if they implement electric vehicle (EV) charging points now. appeared first on 365 RETAIL | Retail Technology News. Adrian Brooks/Imagewise.

Leisure 64

Leisure Retail Consumer Marketing 64

GetElastic

JANUARY 5, 2023

A solid foundational commerce technology stack that the company owns, paired with a flexible, future-proof distribution strategy could be the secret to survival. Second, consumer buying habits are weird. Channel Partners: Many consumer products are sold through channels. between 2022 and 2030. from Meta, Google, etc.)

Social Media 78

Social Media Channel Shopify Fulfillment 78

365 Retail

MARCH 16, 2023

One of the key initiatives is the establishment of an industry-wide durability standard, which will be developed in partnership with WRAP through its Textile 2030 agreement. The post Primark Launches New Initiatives to Promote Clothing Durability and Repair appeared first on 365 RETAIL | Retail Technology News.

Clothing 59

Clothing Workshop Fashion Channel 59

365 Retail

APRIL 25, 2023

The European Green Deal, for instance, aims to reduce net greenhouse gas emissions across the continent by 55% by 2030, and while the US is trailing behind, regulatory requirements have begun to roll out in New York and California, with metrics also aimed to be met by 2030.5

Fashion 69

Fashion Retail Technology Supplies 69