Retail TouchPoints

APRIL 6, 2022

But while reports of the “death” of the physical store have been greatly exaggerated, it’s clear that while stores are still vital elements in the shopper journey, they will need to be rethought — and in some cases redesigned — to reflect consumers’ still-evolving preferences.

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Retail TouchPoints

FEBRUARY 7, 2023

We expect RMNs to expand beyond grocery into apparel and specialty and convenience stores. It seems retailers are finally upgrading their marketing technology stacks with this technology. This is the first step toward a reimagining of the physical store.

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Retail TouchPoints

JUNE 15, 2022

That is why Interstore | Schweitzer , which believes brick-and-mortar is the linchpin of the omnichannel customer experience, analyzed food stores all over the world, coming up with a list of 50 stores they believe every serious retailer (and food lover) should visit. Space and Atmosphere. Expertise and Craftsmanship. “We

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Retail TouchPoints

MARCH 10, 2021

But in-person shopping shouldn’t become too complacent, because the ecommerce technology experts in their Seattle basements are working on how to replicate and improve this “dullness” and replace it with another altogether more convenient one.

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RTP blog

APRIL 22, 2019

The path to purchase has become a complex fusion of multiple channels and devices, and many stores are struggling to keep up. retailers had announced the closure of a record number of stores, with Toys ‘R’ Us announcing 881 closures, Walgreens closing 600 outlets and Sears revealing plans to close 284 stores, according to Statista.com.

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Retail TouchPoints

JULY 27, 2021

That means more consumers are venturing out into the world — and going back into stores. Now, developers are largely looking forward as they attempt to answer one big-picture question: “In this new era of retail, how can we make our visitors loyal to our space , and make them feel compelled to visit over and over again?

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Retail TouchPoints

MAY 1, 2023

RevTech Ventures , an early-stage venture capital firm that invests in both retailers and retail technology, sees potential in numerous areas. “We She is responsible for sourcing, diligence and oversight of the firm’s investments in marketplaces, consumer products and services, and emerging technology companies.

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Retail TouchPoints

MAY 1, 2023

RevTech Ventures , an early-stage venture capital firm that invests in both retailers and retail technology, sees potential in numerous areas. “We She is responsible for sourcing, diligence and oversight of the firm’s investments in marketplaces, consumer products and services, and emerging technology companies.

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365 Retail

OCTOBER 5, 2023

It showcases four hero Therabody products, including the brand’s newest entrant into the beauty tech space, it’s Theraface Mask , a super luxury at-home LED therapy mask that couples red and blue light with vibration therapy.

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Steve Dennis

FEBRUARY 10, 2024

My original observation centered on how success (financial performance, store openings, relative market share) was increasingly being found at either end of the value spectrum, while brands in the unremarkable middle were experiencing every worsening fortunes and, in some cases, complete extinction. “A” Watch this space.

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Liveintent

SEPTEMBER 21, 2020

Clothing retailers, department stores, full-service restaurants, and other businesses with physical locations need to communicate a new kind of message to customers these days: Come back – we’re safe! Even months after some of those public spaces reopened, many people still need convincing. Only 28% of U.S.

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Retail TouchPoints

AUGUST 5, 2020

This Retail Store Tours China video from March in Shanghai shows the conditions in China at that time. As the pandemic rapidly emerged and tightened its grip on Asia, stores, restaurants and shopping centers closed. Around March 15 stores, restaurants, retail and shopping centers in Asia were beginning to open at a 30%.

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Retail TouchPoints

OCTOBER 21, 2020

Bankruptcies and store closures are, unfortunately, ongoing features of the retail ecosystem. Many of the affected companies, such as JCPenney and Neiman Marcus , faced financial hardships before the pandemic, however, these closures reaffirmed that many legacy, store-focused businesses have failed to prioritize the in-store experience.

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Retail TouchPoints

MAY 27, 2021

It’s true that some of this marketplace momentum can be attributed to retailers looking to take a bite out of Amazon’s pie by launching their own “Everything Stores” (Walmart and Target in particular come to mind). In practice, however , most of the new third-party marketplaces being launched don’t look anything like Amazon.

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365 Retail

MARCH 21, 2022

Homebase, the home and garden experts, have announced a new partnership with Tesco to bring its products and expertise to Tesco stores across the country. The first store will open in Borehamwood on Saturday 19 March, followed by Walkden and Woolwich in April. Homebase announces partnership with Tesco, Borehamwood, 18th March 2022.

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365 Retail

AUGUST 12, 2021

The agreement with the supermarket for the site, at Fenny Lock in Milton Keynes, will run for 11 years and will help the department store’s push away from stores and into web sales, which jumped from 40% to 60% of sales during the pandemic.

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Steve Dennis

MARCH 18, 2018

It has few new store openings to execute within its core concepts, it is very well penetrated in e-commerce, and there are not a ton of readily accessible wholly new categories (or geographies) to expand into. Here are a few key benefits to going private: Avoiding the obsession with growth. Minimizing the focus on largely irrelevant metrics.

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Steve Dennis

JULY 10, 2018

Among the concerns he cited were declining comparable store sales at both Nordstrom’s full-line department stores and the Rack off-price division. In recent years, this has mostly played out in strong e-commerce growth and tepid physical store performance. Last week Cowen and Co.

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Steve Dennis

JANUARY 9, 2018

A lot of stores closed in 2017. Many stores will close in 2018. By this time next year roughly 90% of all retail will still be done in physical stores, so please can we shut up already about the “retail apocalypse.” continue to thrive, despite their overwhelming reliance on brick & mortar stores.

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BigCommerce

JULY 20, 2018

Whether it was offering a gift with purchases in a department store or even providing testers through magazine sense strips, people responded sensorially, rather than logically, to their products. Airbnb didn’t invent the model of renting out homes and other spaces. Many people became loyal customers during this process.

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Blue Acorn

JULY 20, 2017

Mom and Pop stores, once the bread and butter of the retail world, are all but becoming relics of a former time. As large retailers and big box stores sprawled across the country, undercutting prices while offering more inventory, smaller niche retailers simply can’t compete. The concept of the store really hasn’t changed in 100 years.

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ecomdash

JANUARY 22, 2019

Department store sales are down 1% from last year (despite a 0.4% Because they cast a wider net, online stores can succeed and thrive in a niche market, whereas brick-and-mortar stores would fail without enough customers in driving distance. Here are the specific stats: Consumer spending increased 3.5% in Q3 2018.

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ROI Revolution

OCTOBER 7, 2022

Mobile users continue to use phones to quickly research products, even while in-store, which makes the user experience on mobile as important as ever. Buy online/pay in-store and buy now/pay later options are only getting more popular. Maximizing total revenue is always the overarching goal for businesses in the ecommerce space.

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Kibo

MARCH 17, 2023

Flexible fulfillment enables retailers, manufacturers, and distributors to quickly pivot fulfillment strategies based on consumer trends and efficiently fulfill customer orders through a variety of channels, such as in-store, online, and marketplaces.

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RETAIL MANAGEMENT SOFTWARE

NOVEMBER 9, 2021

While quarantine and lockdown left some merchants gasping for air other specialty stores like bicycle stores went on fire as sales skyrocketed. Products are sourced from sporting goods manufacturers, distributors and wholesalers and then sold to the general public via retail stores.

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Retail TouchPoints

AUGUST 27, 2021

As the world reopens in full force amid COVID-19 vaccination efforts, brands seek new ways to turn customers’ in-store experience into something that not only makes them feel safe but keeps them coming back and staying longer. The growing trend of “Russian nesting doll” stores is when larger stores host small outposts for well-known brands.

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Retail TouchPoints

JULY 28, 2021

For the last 100 years, we have regulated land use to separate where we live from where we work and where we manufacture, store, and move goods. While the digital retail experience and technological innovation of customer service are evolving at warp speed, changing the urban environment and physical space is much harder to do.

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Demac Media

MAY 16, 2017

So far in 2017 store closing announcements have increased 97% year-over-year. Before jumping to any conclusions, check out these recent hot takes from the experts on the rise of online shopping, and the move away from in-store purchasing. How to prepare America’s retail workers for technological change.

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Retail TouchPoints

JUNE 1, 2022

Carefully considering the following questions will support harmony within the shop’s design elements and the relationship between the partners: How much space will the hosted shop-in-shop need from the host brand? How can the hosted brand stand out within the host’s space? “If Making Space for a Shop-in-Shop Partner.

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RTP blog

APRIL 4, 2018

RevTech , a venture accelerator focused on developing early-stage retail technology companies, is hosting its 11 th semi-annual Tech Trends in Retail event in the flagship Neiman Marcus store in Dallas on April 5. I am pleased to see that a group of venture capitalists can appreciate the value of innovation that isn’t technology-based.

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Payoneer

OCTOBER 22, 2018

Being where your customers are is about being available in the online spaces they frequent. This strategy is an emerging trend because technology can now provide insights into the customer journey that make it easy for companies to see where customers need more help. Keeping the customer front and center pays off in your bank account.

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Kibo

OCTOBER 1, 2022

With the majority of their business being buy online, pick up in store, they focus on delivering better experiences on the website and mobile app while leveraging systems like Kibo and operations to provide fast and frictionless store fulfillment. “We Winner: Boscov’s Department Store. Rising Star. Leading by Example.

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RTP blog

MARCH 6, 2018

By Glenn Taylor, Senior Editor The Amazon Go convenience store opening in January 2018 shed light on the next new shiny concept in retail — cashierless, checkout-free stores. While Amazon is the biggest player making this push, technology providers such as Standard Cognition and AiFi. What makes the concept difficult to scale?

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365 Retail

MARCH 7, 2023

Qlik ® today announced that the UK’s largest family-owned department store, Fenwick , has adopted Qlik Cloud ® , to advance its analytics capabilities and empower more employees at the company to use data in their day-to-day roles.

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RTP blog

APRIL 18, 2019

Sears catered to this new target group by building department stores in urban working-class neighborhoods across the country. The social, economic and technological shifts accompanying this rapid urbanization impact all areas of retail. This brings us to store formats. Yet in the long run, this will not be enough.

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Retail TouchPoints

OCTOBER 24, 2022

On the brick-and-mortar side, The Edit LDN has been selling high-end footwear at the iconic Harrods department store in Knightsbridge for a year, and plans to expand to a Galeries Lafayette in Doha, Qatar beginning Nov. Moses Rashid. RTP: How do you maintain that premium promise and high level of service?

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BigCommerce

MAY 4, 2018

By embracing SaaS technology and emerging trends, Natori is on pace to earn a new generation of consumers – ones who buy from their site, not just in department stores. Leveraging a modern SaaS technology stack is how Skullcandy saves time, money and innovatives quickly. But that’s where AI and social commerce could help.

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