Retail TouchPoints

MAY 8, 2024

Artificial intelligence has revolutionized the way businesses and individuals operate by using data to power tools that can analyze, respond, predict and create in a manner similar to the human brain. The potential utility of biometric data to retailers is wide-ranging. Bias concerns. In late 2023, the U.S.

Payment Services 224

Payment Services Retail Outdoor Technology 224

Retail Technology Review

MAY 11, 2021

The new version of the Standard, which was launched in November 2020, has been expanded to include e-commerce operations, will ensure the quality and safety of Hello Fresh products during their storage and distribution throughout the supply chain.

Online Retail 79

Online Retail eCommerce Supplies Retail 79

Retail TouchPoints

MARCH 28, 2023

Amid rising costs and fears of a looming recession, however, online retailers are finding they can no longer afford the level of generosity that customers have come to expect. Setting the ideal returns policy for your business, therefore, will require working across marketing and operations silos.

Home Furnishings 262

Home Furnishings Clothing Operations Online Retail 262

Wiser

AUGUST 18, 2020

Dynamic pricing in online retail has come a long way as a pricing strategy. It is defined as a strategy that allows retailers to respond in real-time to supply and demand levers. But tracking this information manually becomes impossible as your operations scale. Online retail is an incredibly competitive space.

Shipping Costs 78

Shipping Costs Online Retail Retail Reference 78

Retail TouchPoints

SEPTEMBER 29, 2020

Session topics ranged from ramping up touch-free in-store technologies to strengthening supply chains and getting the most out of marketplaces. Speakers included industry experts from RSR Research, Coresight Research and Creative Realities as well as retail executives from companies including Office Depot and Regina Andrew Design.

Webinar 267

Webinar Payment Services Shipping Costs Retail 267

Retail TouchPoints

NOVEMBER 18, 2021

Online shoppers expect immediate responses — even a millisecond of delay is too long. Nine out of ten US consumers say they will abandon a retailer’s website if it is too slow ( Retail Systems Research (RSR ). Optimized supply chain management to avoid stockouts and overstocking. Expect the Unexpected.

Shipping Costs 244

Shipping Costs Retail Omnichannel Supplies 244

Retail TouchPoints

JANUARY 20, 2023

Currently, Amazon dominates the space with almost 78% of retail media ad revenue in 2021, trailed by Walmart at a significantly lower rate of 5.4%. For online retailers, the question is whether to own or rent retail media technology. So far, the ad industry is betting that online retailers will rent.

Retail 269

Retail Sporting Goods eCommerce Platforms Supplies 269

Wiser

MAY 22, 2018

Repricing in online retail is more than a requirement because the market is constantly in flux. Before an online retailer can pick the best way to reprice their products , there are a number of questions they need to ask themselves to make the best decision. How Often Do I Want to Reprice? .

Online Retail 68

Online Retail Retail Supplies Channel 68

Retail TouchPoints

JANUARY 24, 2022

The best retailers already understand the need for stability — 91% of retail leaders, defined as the companies with the highest growth and confidence in their operations, say that improving the overall workforce experience will be a high priority in 2022. Visibility is Paramount, From the Supply Chain to Shopper Habits.

Retail 254

Retail X-cart Omnichannel Supplies 254

Retail TouchPoints

MAY 2, 2022

But online purchases still have a significant environmental cost, even if it is lower than that of physical retail stores. Much of this impact comes from shipping and warehousing, as well as from operating all those computer servers to facilitate all of those sales. Mitigating Returns. This is particularly true for clothes.

eCommerce 324

eCommerce Shipping Costs B2B Clothing 324

Retail Technology Review

NOVEMBER 17, 6940

The boom in online retail in recent years has undoubtedly boosted warehouse and logistics operation in the UK while the circumstances of 2020 continue to fuel further growth within the industry as consumers steer clear of the high street; opting instead for online shopping and delivery.

Online Retail 70

Online Retail Operations Management Consumer 70

Retail TouchPoints

MARCH 8, 2023

After three years of supply chain logistics and shipping delays, retailers have too much inventory sitting on shelves, and consumer demand continues to be in flux as inflation maintains a strong grip on budgets everywhere. This means the way consumers shop has drastically changed as new financing options rise in popularity.

Shipping Costs 245

Shipping Costs eCommerce Payment Services Customer Experience 245

Retail TouchPoints

MARCH 31, 2022

Today’s shoppers are operating in a completely unrestrained informational environment, full of seemingly endless places to get input during the purchase journey. The Value of Online Retail Sources Varies by Category. A CPG product like household cleaning supplies didn’t see nearly the same levels of usage and influence.

Marketing 275

Marketing Online Retail Information Consumer 275

Retail TouchPoints

OCTOBER 14, 2020

Many companies have seemingly been flying blind the past several months, attempting to weather the fallout from our COVID-19 new normal and pivot their operations in response to our anticipated next normal. For retailers and brands, this situation is systematically changing how their industry operates. Learn from Big-Box Retail.

Fulfillment 218

Fulfillment Supplies Omnichannel Operations 218

Retail TouchPoints

FEBRUARY 15, 2021

Even the best business plans expect some bumps along the road: financial insecurity among consumers, supply chain complications, a shortage of labor or reduced in-store traffic. But the COVID-19 pandemic forced retailers to grapple with all of the above, all at once. Among the winning strategies was a shift to ecommerce operations.

Retail 275

Retail Leisure Fulfillment Operations 275

Wiser

MAY 30, 2018

Once inventory starts getting low, it is best to boost that price up to preserve what is left until supply levels are replenished. . When it comes to price elasticity , retailers should optimize prices on items that have some flexibility. For example, pool supplies may be mainly purchased from late spring to early fall.

Shipping Costs 74

Shipping Costs Online Retail Retail Comparison Shopping 74

Retail TouchPoints

AUGUST 2, 2023

Below, we provide some additional background on the federal Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act (the federal “INFORM Act” or the “Act”), which took effect June 27, 2023. Who Must Comply? Disclosure is key. There are also disclosure requirements that apply to the collected information.

Information 207

Information Customer Retail Electronics 207

Retail TouchPoints

JULY 11, 2023

In fact, research from ESW found that 54% of Gen Zers and 56% of millennials believe it’s “irrelevant” whether an online retailer is located overseas or not. Younger consumers are especially open to buying from brands beyond their own borders. ” 4.

Fulfillment 247

Fulfillment Consumer Consumer Goods Download 247

RETAIL MANAGEMENT SOFTWARE

JANUARY 16, 2024

As we step into 2024, the retail sector is undergoing significant transformations in technology, supply chain dynamics, and consumer behavior. Navigating this shifting terrain requires a tailored approach rather than a universal solution for future-proofing retail businesses.

Payment Services 98

Payment Services Retail Supplies Omnichannel 98

Retail TouchPoints

APRIL 26, 2023

About 40% of the product we sell is shipped, and it could be a wrench or a 3,000-pound pressure washer,” said Shaun Bunch, SVP of Supply Chain Operations at Northern Tool in an interview with Retail TouchPoints. We see these efforts in ecommerce retailing becoming more and more important.”

Shipping Costs 210

Shipping Costs Shipping eCommerce Improvements 210

Retail TouchPoints

SEPTEMBER 23, 2022

Keeping your warehouse operations in-house or outsourcing them to a third-party logistics (3PL) company? Many successful online retailers are choosing to outsource their operations to 3PL provider. Are you ready to outsource your operations? How technologically advanced are your operations?

Shipping Costs 308

Shipping Costs Order Fulfillment Fulfillment Shipping 308

Retail TouchPoints

JUNE 14, 2021

In our recent survey, we see that 50% to 60% of consumers are still moderately trusting of independent retailers, online retailers and consumer product brands. Retailers are intrinsically part of the communities they serve , a fact that was made clear during the pandemic. “We’ve

Webinar 277

Webinar Retail Consumer Events 277

Retail TouchPoints

JULY 22, 2021

Lately, the retail sector was shaken by the COVID-19 pandemic. This situation has forced retailers worldwide to adapt to a slew of new consumer demands while juggling a precarious supply chain. While the pandemic has shed light on the resilience of the retail industry, there are still looming risks for the next decade.

eCommerce 306

eCommerce Retail Payment Services Social Media 306

Retail Technology Review

JANUARY 20, 2020

By Joe Farrell, VP of international operations at PFS. Amidst ongoing political turbulence and the continued transformation of the modern high street, 2019 was a challenging year for retail to say the least.

Online Retail 93

Online Retail Channel Fulfillment Retail 93

Elsner

MARCH 16, 2020

The Organisation for Economic Co-operation and Development (OECD) has declared that the coronavirus outbreak poses the biggest threat to the global industry since the 2008 financial crisis. An eCommerce platform runs on the base of physical businesses through the supply chain. A slight disturbance in the supply chain and boom!

eCommerce 145

eCommerce eCommerce Marketing Supplies eCommerce Platforms 145

Retail TouchPoints

AUGUST 10, 2021

Several sessions will delve into how retailers can turn ever-louder calls for increasing female and minority participation into real-world change. At Chicago’s McCormick Place, Aug. Hot Takes on Livestreaming, Influencer Marketing and Social Commerce.

Events 264

Events Supplies Omnichannel Consumer 264

Retail TouchPoints

JUNE 12, 2020

Google Shopping is viewed as an advertising platform as far as digital marketers are concerned, but it operates as an online marketplace for consumers. According to NRF research, 38% of online consumers say that convenience is most important during the beginning research stages of their shopping experience.

eCommerce 238

eCommerce Operations Consumer Channel 238

Retail TouchPoints

SEPTEMBER 18, 2023

This holiday season, though prices are still high and purse strings remain tightened, there’s slightly more stability inherent in the current retail environment that will bring more clarity to the numbers. Retailers will leverage this moment to focus on operational efficiencies and consumer connection.

Retail 291

Retail Gifts Recommendation Consumer 291

Retail TouchPoints

AUGUST 31, 2021

Improving stocking and supply-chain logistics. Analyzing data from an operational dashboard. AI helps make decisions, but store owners can also identify additional products that could be of interest to customers and offer sales potential from operation dashboard analytics and reports. Predicting prices more accurately.

Improvements 201

Improvements Online Retail Operations Technology 201

365 Retail

MAY 4, 2021

A surge in online deliveries has pushed up demand for the boxes the products come in (Aaron Chown/PA). It is a boom which benefits not only online retailers – Amazon’s profit trebled in the first months of 2021 – but also those who supply them. The first quarter was remarkable in many ways.

Shipping Costs 109

Shipping Costs eCommerce Supplies Electronics 109

Retail TouchPoints

SEPTEMBER 17, 2021

ASOS is on the path to expansion — the online retailer acquired four brands from Arcadia Group including Topshop and Miss Selfridge earlier this year for £265 million, and later entered a joint venture with U.S. department chain Nordstrom to drive global growth of the brands.

Fashion 204

Fashion Supplies Online Retail Consumer 204

Korona

NOVEMBER 10, 2022

A steady cash flow mitigates the impact of inflation because your business can continue to operate without interruption. There are several ways to improve cash flow as a retail business. You can then implement the right strategies at the right points in the supply chain to minimize waste. Take Care Of Your Cash Flow.

Shipping Costs 52

Shipping Costs Online Retail Payment Services Merchant Services 52

Retail TouchPoints

JULY 27, 2020

Smooth Operators Appeal Online And Off. Whether click-to-pay for e-Commerce or contactless payments for traditional commerce, efforts to improve online and offline checkout experiences did not originate with COVID-19. Online retailers of daily necessities may be inundated with overspill from closed physical stores.

Payment Services 184

Payment Services eCommerce Small Business Retail Retail 184

Retail TouchPoints

OCTOBER 6, 2022

The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies. Rising inflation, supply chain issues and reduced consumer spending continue to plague retail ahead of the holidays.

Shipping Costs 254

Shipping Costs Payment Services Merchant Services Payments 254

Pivotree Blog

OCTOBER 10, 2023

Joyce was at HBC where she was General Manager of Saksoff5th.com and Gilt.com, managing strategy and all aspects of day-to-day operations for the two brands. Joyce is a seasoned, strategic new-world retail leader with a remarkable track record at the forefront of online retailing. A native of Ottawa, ON, Ms.

eCommerce 52

eCommerce Supplies Management Information 52

Retail TouchPoints

OCTOBER 4, 2022

Launched in 1902, Goodwill far predates even the internet itself, but that’s not stopping the more than 120-year-old nonprofit from staking its claim in the online resale movement with its new marketplace GoodwillFinds.com. Goodwill operates under a federated store model , essentially the nonprofit equivalent of a franchise system.

Operations 245

Operations Books Consumer Toys 245

Retail TouchPoints

MAY 11, 2022

Human-in-the-loop data labeling is a solid candidate for a reliable and robust partner to the ecommerce and retail industry for the following reasons: The data ecommerce platforms require to improve their engines and algorithms needs to be both accurate and abundant.

eCommerce 268

eCommerce Recommendation Accessories eCommerce Platforms 268