Retail TouchPoints

JANUARY 11, 2021

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. Even with new vaccines potentially coming on the market in the months ahead, it’s likely the trends we’ve seen in 2020 will continue into 2021.

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Small Business Retail Retail eCommerce Social Media 269

Ecommerce Guru

DECEMBER 21, 2020

A highly competitive space is the online retail industry, including the e-commerce sites that fuel them. There are over 370 eCommerce sites for businesses open, according to G2. You may be thinking, is e-commerce suitable for small businesses? Small e-commerce businesses do not […].

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Small Business Retail eCommerce eCommerce Platforms Online Retail 89

365 Retail

AUGUST 30, 2022

UK small businesses are navigating slowing sales growth, increasing payment waiting times and persistently soft jobs results, according to the latest data from Xero , the global small business platform. In the UK, it fell to its lowest point (84 points) in July since February 2021. Shrinking sales . percent y/y.

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RetailMinded

MARCH 29, 2021

Retailers, are you ready to boost your store visibility, sales and overall success in 2021? The reality is, the past year has been difficult for many businesses – but small businesses in particular have been hit hard with the challenges presented by COVID-19. Let’s face it – retail isn’t what it used to be.

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Smile.io

NOVEMBER 17, 2022

Small Business Saturday is November 26th and holiday sales are in full swing across retail stores and ecommerce sites. Black Friday and Cyber Monday may be the main stars of the upcoming retail events, but Small Business Saturday is becoming just as popular. Omnichannel = more options to make a purchase.

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Small Business Retail Social Media Omnichannel Customer Loyalty 86

Retail TouchPoints

NOVEMBER 20, 2023

Retail theft is on the rise, and many businesses are grappling with the financial fallout. In recent months, The Home Depot, Foot Locker, Target and other retail giants have suggested that shoplifting is cutting significantly into their respective profits. billion in 2021. billion in 2021.

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365 Retail

DECEMBER 3, 2021

Shoppers are being urged to support small businesses as they face fresh uncertainty heading into the crucial festive trading period. Michelle Ovens, director of Small Business Saturday, said: “We all need to show small businesses our love this weekend. Small Business Saturday is coming!

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Retail TouchPoints

JUNE 24, 2021

Prime Day 2021 sales grew relatively modestly compared to last year’s Prime Day, up 6.1% However, third-party Amazon sellers and certain retail categories achieved their own success stories, and advertising cost-per-click (CPC) didn’t spike much despite a significant increase in spend across the event. billion in sales. for both years.

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Retail TouchPoints

SEPTEMBER 12, 2024

Walmart has approved embedded finance provider Parafin to offer financing to Walmart Marketplace sellers to help them grow their businesses Parafin offers full-scale financial services programs to marketplaces, employing machine learning to analyze sales data to determine offer eligibility and terms.

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Retail TouchPoints

JANUARY 26, 2021

And because necessity births invention, intransigent store-based retailers were finally unable to rationalize kicking the digital transformation can down the road to next year’s budget — driven not by the prospect of growth, but rather survival. One in four consumers are shopping more with small brands.

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Retail TouchPoints

FEBRUARY 9, 2024

Retail crime was a hot topic throughout 2023, and it’s easy to see why. According to the National Retail Security Survey, losses attributed to retail theft rose to $112.1 billion in 2021 — and experts expect this year’s total to continue to rise. Cracking down on retail crime isn’t just about stopping thieves anymore.

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Retail TouchPoints

MARCH 4, 2024

The customer experience is paramount to the success of today’s retailers. A recent study of more than 4,700 consumers from Bread Financial indicates payment choices — including retail store credit cards, bank branded credit cards and buy now, pay later (BNPL) — at checkout have become a major factor in pleasing shoppers and closing a sale.

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Payment Services Consumer Small Business Retail Banking 289

Retail TouchPoints

SEPTEMBER 8, 2022

Retail crime is on the rise, and it’s affecting companies of all sizes. The National Retail Federation (NRF) estimates that organized retail crime cost stores an average of $1 billion in sales in 2020, up more than 50% over the last five years. Retail Crime is a National Issue.

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Retail TouchPoints

MAY 22, 2023

The largest increase took place from 2021 to 2022 when shoplifting complaints increased 44% year-over-year to reach almost 64,000 , many of which were committed by organized theft rings , according to New York State Assemblymember Jenifer Rajkumar in a statement.

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lateshipment

AUGUST 16, 2021

A sigh of relief for retailers and huge expectations for retailers towards the Holiday season as the eCommerce industry has looked good so far in 2021. However, with no such leash on the spending capacity, total US Holiday retail sales in 2021 are predicted to rise 2.7% billion, accounting for a record 18.9%

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lateshipment

JULY 9, 2021

While all these positive signs point towards a revived economy , let’s zoom into how eCommerce retail sales particularly fared by numbers. How 2021 Has Looked so Far in Terms of eCommerce Retail. eCommerce trends in 2021 are expected to be in stark contrast with 2020 despite being heavily influenced by it. of total sales.

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eCommerce Shipping Costs Shipping Small Business Retail 130

Korona

JANUARY 22, 2021

Oh, there’s one more possible reason: you’re unsure about employee benefits because your business is small. You’re afraid that a small business employee benefits package is way out of your league. Whether you’re just starting out or looking for the best type of employee benefits for your business, this guide is for you.

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Korona

JANUARY 11, 2022

The retail industry is booming like never before despite the turmoil caused by the COVID-19 pandemic. In fact, the National Retail Federation estimated that retail sales exceeded $4.44 trillion in 2021. In 2022, global retail sales are expected to reach $26.69 Cutting Running Costs in Retail Stores.

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Retail TouchPoints

DECEMBER 1, 2021

The pandemic has brought about long-term changes for both business operations and consumer expectations, and 2021 taught us how far removed we are from ever returning to the old “normal.” Businesses continued to be put to the test over the last year, especially small business owners in retail and ecommerce.

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RetailMinded

DECEMBER 7, 2021

In 2021, investors are having a harder time finding viable investments. Small, independent retailers with a couple of hundred employees will face hardship when attempting to find ways to boost their profits. Nevertheless, there are numerous investment opportunities for 2021 and 2022. Omnichannel Strategy. Personalization.

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Retail TouchPoints

FEBRUARY 19, 2021

Retailers across multiple verticals are taking concrete steps to diversify their merchandise mixes with products produced by women, Black people and other people of color. Each of the winners received marketing and mentoring support along with a place in the retailer’s merchandise mix. Tracee Ellis Ross. Big Find pitch session.

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365 Retail

AUGUST 31, 2022

million small and medium-sized businesses in the UK according to 2021 government figures , as people up and down the country take on side hustles and start their own businesses in light of the cost of living crisis. . In this article, learn what is needed to take your business to the high street. .

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Small Business Retail Department Stores Social Media Article 57

ROI Revolution

AUGUST 11, 2021

Published April 13, 2021 | Updated August 11, 2021. Advertisers and consumers alike are curiously awaiting Prime Day 2021 after last year brought unprecedented changes to Amazon’s annual shopping event. Stay tuned to this blog to be the first to uncover the latest Amazon Prime Day 2021 news, updates, stats, and trends.

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Small Business Retail Food and Beverages Events Beauty and Health 78

iVend

JANUARY 20, 2021

2020 was a difficult year for the world and offline retail in particular was hit hard. However, innovation didn’t stop evolving, online retail boomed more quickly than ever before and delivery infrastructure became super sophisticated. Here are our predictions on the tech trends that will shape retail in 2021.

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Retail TouchPoints

OCTOBER 22, 2024

Small Businesses For small businesses, high-touch support and local community engagement are key differentiators. Small businesses can stand out by focusing on individual customer needs — such as personalized product recommendations, flexible payment options and customized communication preferences.

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Payment Services Small Business Retail Recommendation Technology 264

Retail TouchPoints

MARCH 22, 2022

This platform, with its humble beginnings selling used books, has gone on to power the careers and fortunes of countless small businesses. Amazon’s innovations also have inspired some of the most game-changing new business models in retail, adopted by Target , Walmart and Macy’s to name just a few. Source: Statista.

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lateshipment

JULY 9, 2021

While all these positive signs point towards a revived economy , let’s zoom into how eCommerce retail sales particularly fared by numbers. How 2021 Has Looked so Far in Terms of eCommerce Retail. eCommerce trends in 2021 are expected to be in stark contrast with 2020 despite being heavily influenced by it. of total sales.

eCommerce 130

eCommerce Shipping Costs Shipping Small Business Retail 130

Retail TouchPoints

NOVEMBER 2, 2023

Amazon Business has added a pay-over-time option for B2B customers via an expansion of its partnership with BNPL provider Affirm. Amazon Business will make the option available to all eligible sole proprietor businesses by Black Friday. in 2022 and was directly integrated as a payment option on Amazon Pay earlier in 2023.

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Payments Customer B2B Fulfillment 257

VTNS Solutions

APRIL 10, 2023

Are you curious about the state of small business in Connecticut. I have curated, vetted and listed an up to date stat on small businesses operating in connecticut. These statistics include every relevant piece of information on small businesses in 2023. Check it out! in April 2019.

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Small Business Retail Social Media Reference Operations 36

Retail TouchPoints

JANUARY 21, 2021

Necessity forced the National Retail Federation Big Show from the physical world into the virtual one, but its reputation for insightful presentations from retail industry leaders drew a significant “crowd” despite the change of venue. The six-day NRF 2021 Chapter One , which will wrap up on Jan.

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Retail TouchPoints

FEBRUARY 1, 2022

In conversations with retailers, technology partners and industry veterans in my network, several points have stood out. One area of investment by retailers is a shift to buy online, pick up in-store (BOPIS), which was called “table stakes” by one retailer insider I talked with. Alternative Supply Chain Options.

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Small Business Retail Supplies Retail B2C 292

GetElastic

DECEMBER 2, 2021

Amid supply chain issues and a national labor shortage, it seems shoppers made the bulk of purchases earlier in the season to ensure no disappointments on Christmas morning, as retailers offered deep deals as early as October to get a jump on the season. Physical store traffic rose from last year, but still well below pre-pandemic levels.

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Small Business Retail Toys Point of Sale Books 148

Korona

JANUARY 8, 2021

More commonly, though, are the cases in which a small business invests time and resources in a long-term approach. While 2020 might have made it difficult to attend live events and raise your brand awareness any place outside the internet, 2021 and beyond offer hope that some more traditional forms of marketing will make a comeback.

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Small Business Retail Social Media Retail POS 52

Retail TouchPoints

SEPTEMBER 27, 2023

Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its millions of global merchants through a deeper integration between the two platforms. The size of Shopify’s stake in Faire was not disclosed.

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Shopify B2B Merchant Services eCommerce 289

RetailMinded

FEBRUARY 19, 2021

2021 is in full swing and the reality is, it isn’t necessarily a breeze for small merchants in particular to capture consumer attention or dollars. In fact, retail sales jumped over 5% at the start of 2021 and consumers do not seem to be slowing down when it comes to spending. Explore Tundra here now. .

Small Business Retail 116

Small Business Retail Retail Shipping Costs Social Media 116

lateshipment

JULY 9, 2021

While all these positive signs point towards a revived economy , let’s zoom into how eCommerce retail sales particularly fared by numbers. How 2021 Has Looked so Far in Terms of eCommerce Retail. eCommerce trends in 2021 are expected to be in stark contrast with 2020 despite being heavily influenced by it. of total sales.

eCommerce 130

eCommerce Shipping Costs Shipping Small Business Retail 130

RetailDive

NOVEMBER 14, 2022

A recent survey commissioned by American Express and PayPal, and conducted by studioID’s Retail Dive, found that only 10% of shoppers say their holiday budgets would be “a lot less” this year than in 2021.

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