article thumbnail

REI Opens Dedicated Resale Store in Oregon

Retail TouchPoints

The retailer formalized its resale operations with a dedicated ecommerce site , trade-in program and in-store resale offerings in 2018, and sold more than 1 million used products through Re/Sale’s omnichannel operations in 2022.

Outdoor 228
article thumbnail

Consumers Want an Experience That’s Driven by Cloud Retailing – Even if They Don’t Know It

Retail TouchPoints

We’ve grown accustomed to these various retail touch points, and as a result, we’ve started to notice omnichannel inconsistencies that might never have occurred to us before — raising our own expectations of our favorite brands and retailers. Fortune 500 companies could generate up to $3 trillion of EBITDA value by 2030. Here’s how.

Consumer 209
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Princess Polly Balances Sustainability and On-Trend Style

Retail TouchPoints

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 209
article thumbnail

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. in fiscal 2024, with an ultimate long-term goal of 20,000 U.S.

article thumbnail

Resale Revs Up: eBay Enhances Refurbished Goods Offering, New Overstock Marketplace Launches

Retail TouchPoints

As product scarcity issues continue to dominate this holiday shopping season, consumers are increasingly turning to resale to get the goods — and platform operators are taking notice. eBay has expanded its refurbished goods offering, where shoppers can find discounted inventory from brands including Apple, Samsung and Dyson.

Supplies 264
article thumbnail

Making Fulfillment a Revenue Driver: 6 Ways Design and Tech Can Collaborate

Retail TouchPoints

Nicholas believes that to make store fulfillment a truly profitable initiative, retailers need to find new ways for their tech, operations and design teams to collaborate. Technology, operations, fixtures, displays and the overall flow of the store will “have to be thought of together and at the same time. he asked. “Do

article thumbnail

NRF 2023 Spotlights Profitability, Workforce Enhancements and Media Network Opportunities

Retail TouchPoints

Retailers definitely see the advantages of operating their own media networks, leveraging their rich first-party customer data and multiple touch points. Additionally, it’s an important piece of our efforts to meet our 2030 sustainability targets.” — Seana Strawn, Head of Retail Design and Home Furnishing Identity, IKEA U.S.