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4 Ways Anthropologie is Building Brand Loyalty While Acquiring New, Younger Customers

Retail TouchPoints

While Urban Outfitters ’ assortment is designed for consumers in their teens and early 20s, Anthropologie provides a destination for consumers’ “next generation of life,” when they’re starting careers and families, according to Chief Marketing Officer Elizabeth Preis.

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How Retailers Can Control Costs Even As Return Rates Climb

Retail TouchPoints

During the busy holiday season, digital return rates can spike to 30% ; and Return policies and experiences have a significant impact on customer loyalty. In a survey of consumers conducted by Doddle , 84% said a positive returns experience encourages them to shop with a retailer again. Returns is just one example.” .

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To Experience the Future of Retail, You’ll Want to Go to the Store

Retail TouchPoints

Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. That means brick-and-mortar is still going strong, and not just because consumers are eager to get out of the house again.

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Brick & Mortar Retail Is Down But Is All Set To Soar Again

RetailMinded

The backbone of retail was once built on the backs of brick-and-mortar stores but the fast rise of e-commerce broke that back. Consumer behaviors changed greatly and at an incredible pace. Businesses are focusing on customer-focused business models making the retail industry more agile. That appears to be changing.

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Is A Neiman Marcus, Saks Merger Inevitable?

Steve Dennis

For years rumors have abounded that various forces were trying to lead North America’s two leading luxury department stores to the alter. What the current COVID-19 has amplified is that, the United States does not need two luxury department stores with nearly identical value propositions and many overlapping locations.

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Who Needs In-Store Crowdsourced Data?

Wiser

Stores like Victoria’s Secret, Michael Kors, Adidas, The North Face, and others can use this data to gather information about the condition of their stores, displays within the store, and any/all of their products. Are you launching a new product, or do you need to check in on the day-to-day activities of your stores?

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Industry Updates: Blockchain, Visual Search, and Father’s Day Spending

ROI Revolution

Amazon rolled out StyleSnap , an artificial intelligence-powered visual search tool aimed at helping consumers use images to find apparel items. of consumers planned to make Father’s Day related purchases, 39% will shop for gifts in department stores and 34% will shop online. Amazon Introduces a Visual Search Tool.