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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that). But despite the rush, retailers still have multiple opportunities to maximize both in-store sales and online conversions.

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Identifying the ‘Faces’ Behind Faceless Online Transactions

Retail TouchPoints

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. According to McKinsey , ecommerce sales in apparel, department stores and beauty products have increased by nearly 10%, on average, since the onset of the pandemic.

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Viva La Retail: The Retail Renaissance Lives And Dies By The Connected Consumer

RTP blog

Up to 90% of consumers use their phone while shopping in stores and retailers are increasingly enhancing digital transformation strategies to take advantage of the new mobile-powered shopping era across every vertical, from department stores and supermarkets to hardware, sports and specialty retailing.

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5 Things for Apparel Brands to Know About the Circular Economy

ESW

Climate change, consumer demand and government initiatives are all shedding light on the troubling effects of fashion waste, and they are pushing for the circular economy to take its place. In 2022, circular economy revenue totaled US$338.88 beating out DTC, value chains, fast fashion, department stores and more.

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July 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

Jewelry, lodging, and department stores saw the biggest yearly sales growth compared to the other sectors measured in Mastercard’s SpendingPulse Report. Amazon’s ecommerce revenue grew 71% YoY in Q1 2021 compared to before the pandemic started ( PracticalEcommerce ). The state of consumer shopping behavior today.

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How to Meet and Exceed Amazon-Driven Customer Expectations 

ESW

Essentially, The Amazon Effect refers to the ways in which consumer expectations have changed as a result of shopping with the dominant online marketplace. From the shuttering of physical stores to seismic shifts in logistics operations, many blame The Amazon Effect. If they needed a new shirt, they went to the department store.

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June 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

Amazon shoppers who buy from a small business before June 20 will also get a $10 Prime Day credit. Amazon’s revenue increased 35% last year despite a $4 billion loss in Q2 due to the pandemic. How to accelerate revenue growth with customer reviews, loyalty, and referral programs. Touchless payment continues to grow.