article thumbnail

Omnichannel Retail Index Spotlights 4 Investment Areas

Retail TouchPoints

OSF Digital’s Digital Strategy team (formerly known as FitForCommerce) developed the 2022 Omnichannel Retail Index (ORI) to establish a benchmark for current practices and, most importantly, provide a set of actions and recommendations for the future. We used to talk about multichannel, then it was omnichannel.

article thumbnail

Nordstrom Takes Stake in Topshop Brands, Launches Joint Venture with ASOS

Retail TouchPoints

department store chain and British online retailer aim to “redefine the traditional retail/wholesale model.”. For example, customers will be able to pick up Asos.com orders at Nordstrom and Nordstrom Rack stores beginning this fall. ASOS acquired the Topshop brand portfolio from Arcadia Group in February 2021. .

Insiders

Sign Up for our Newsletter

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

article thumbnail

Retail vs Ecommerce: What’s the Difference?

Ecommerce Platforms

Competitive edge : Having a retail store can sometimes give sellers a competitive advantage over other companies who only have an online presence. You can offer customers an omnichannel selling experience which appeals to both their desire to in-person interactions, and their quest for convenient shopping experiences.

eCommerce 104
article thumbnail

5 UCC Trends that Can Help Retailers Thrive in the Now ‘Normal’

Retail TouchPoints

For example, a bespoke clothing boutique that majors in providing a personal VIP experience may find its UCC functionality constraining in ways that a multi-department store offering clothing lines may not. Trend 4: Proliferation of touch-centric handheld and ruggedized devices boosts omnichannel experiences and operational efficiency.

article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

In-store sales were up nearly 43% over Black Friday 2020, with department stores up 86.4%. Omnichannel retailers Kohl’s and Nordstrom Inc. Online sales for Kohl’s were up 41% in 2020, with 40% of online orders picked up in-store. When it comes to large retailers and department stores, 58.2%

eCommerce 148
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Jewelry, lodging, and department stores saw the biggest yearly sales growth compared to the other sectors measured in Mastercard’s SpendingPulse Report. But with pandemic restrictions subsiding and in-store shopping making a return, will consumers’ preference for digital continue? Omnichannel retailers Kohl’s and Nordstrom Inc.

eCommerce 197
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [January 2022]

ROI Revolution

Omnichannel will also continue to be key as consumers increasingly rely on a blend of online and offline shopping experiences. In-store sales were up nearly 43% over Black Friday 2020, with department stores up 86.4%. Omnichannel retailers Kohl’s and Nordstrom Inc. of consumers say they shop in-store, while 31.9%