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IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

According to Grand View Research , the global IoT retail market was valued at $42.38 from 2023 to 2030. The statistics show that more and more retail businesses are implementing IoT solutions to explore new ways of connecting with customers, boost sales and streamline business operations. Exceptional customer experience.

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4 Ways Retailers Can Add Crypto Successfully

Retail TouchPoints

It’s a fast-growing market, with estimates stating it will reach $3.55 billion by 2030, a number that’s likely conservative as well-known retailers expand their footprint into this space. Cryptocurrency ATM operators at first followed many of the same strategies as traditional ATM machine providers.

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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

But the luxury market sits in a unique position of growth: spending on luxury goods grew approximately 20% in 2022, according to Bain & Company , and it is likely to expand further through 2023. The luxury market has a few key advantages that will likely safeguard it from financial turmoil. Will Luxury’s Biggest Market Rebound?

Payments 290
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5 Things for Apparel Brands to Know About the Circular Economy

ESW

Based on its current trajectory, the clothing industry’s global emissions are predicted to grow by 50% by 2030 — a rate that is completely unsustainable for the future of our planet. In fact, the secondhand clothing market is growing faster than any other channel in the U.S., Does a Circular Economy Matter?

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Starbucks Expands Reusable Cup Format to 12 California Stores

Retail TouchPoints

Seeking to move closer to the goal of cutting its waste footprint in half by 2030, Starbucks has added 12 locations to its 100% reusable operating model. will serve beverages either in customers’ personal cups or in a reusable “Borrow A Cup,” which customers can take with them and return in smart return bins.

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How Integrated POS Tech is Helping Electronics Retailers

iVend

Mobile POS is one of the fastest growing retail trends – with store associates being armed with devices that run the same cloud-based POS software as the fixed checkouts, enabling payment, inventory management and loyalty anywhere in the store. Mobile POS System iVend mobile POS takes service to customers in the aisle.

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The Role of Mobile POS Solutions in Modern Retail

iVend

Mobile POS is one of the fastest growing retail trends – with store associates being armed with devices that run the same cloud-based POS software as the fixed checkouts, enabling payment, inventory management and loyalty anywhere in the store. Mobile POS System iVend mobile POS takes service to customers in the aisle.

POS 52