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Data Will be Key to Retail Success in 2021

Retail TouchPoints

Without question, the COVID-19 pandemic proved to be quite a disruptor for retailers, as in-store sales dropped and other options, like ecommerce and buy online, pick up in-store (BOPIS) surged. With that in mind, here are three predictions for retailers in the coming year. Real-time data is the key for 2021. CPG will thrive with D2C.

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Retail Trends 2023: A Guide For Small Business Owners

Korona

Despite persistent inflation and supply chain issues, there are significant bright spots in the retail industry. Total nationwide retail continues to rise each year, with 2022 reaching upwards of almost $5 trillion. Brick and mortar retail has shown impressive resilience over the past year.

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Three Requirements For Successful Retailers Post-Pandemic

Retail TouchPoints

The global pandemic has accelerated the pace of change for the retail industry at a rate we have never before seen. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. consumers have not pushed retailers to accept contactless payments as they have in Asia and Europe, but in April, U.S.

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Retail Store Accounting Methods 101

Korona

There are many important measures that retail companies must use to assess their health, efficiency, valuation and profitability. From key performance indicators, inventory analysis, and profit margins, there are plenty of ways to analyze different aspects of your business. Defining Retail Accounting. The Retail Method.

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The Latest Digital Marketing Trends in Retail Industry That Drive Sales and Engage Shoppers

RETAIL MANAGEMENT SOFTWARE

However, strong headwinds threaten continued growth as retail businesses face ongoing disruption from the pandemic, supply chain challenges, and climate change. Now, consolidating gains can help retailers focus on the customer experience to improve loyalty and potentially capture new markets.

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Trending The Rules: Top Retail Trends Are Trending At An Unprecedented Rate

Retail TouchPoints

COVID-19 has changed retail. Earlier this year, we released a report, titled “The Best Vision is Insight,” outlining our predictions for the top retail trends of 2020. Online retailers of daily necessities may be inundated with overspill from closed physical stores. Sustainability Lives Up To Its Name…Becomes Sustainable.

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Rewards Case Study: PetSmart Treats Rewards (+How to Recreate ther Program)

Smile.io

PetSmart is one of the leading pet supplies brands on the market.   The beloved pet supplies brand introduced several changes to its program that made it better. A connected omnichannel loyalty experience that works in-store and online.    offers native support for Shopify POS on all paid plans.