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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Consumer Shipping Costs Shipping Small Business Retail 312

Retail TouchPoints

JULY 11, 2023

sales are expected to be up about 10% from last year to approximately $8 billion ), Prime Day has also become a boon for the millions of small businesses that avail themselves of the Amazon ecosystem — and this year, Amazon is helping their cause with an SMB-oriented search filter and a dedicated Small Business deals page.

Small Business Retail 200

Small Business Retail Shipping Costs Payment Services Shipping 200

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.

Shipping Costs 305

Shipping Costs Shipping Small Business Retail eCommerce 305

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.

Small Business Retail 289

Small Business Retail Retail Apparel Accessories 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.

Small Business Retail 298

Small Business Retail Retail Technology Other 298

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.

Small Business Retail 312

Small Business Retail Payment Services Retail Sporting Goods 312

Wiser

JUNE 5, 2023

As a small business owner, managing supply chain issues is nothing new. Because smaller retailers cannot always order in bulk or far in advance like many larger retailers do, any supply chain disruptions are often felt faster and stronger by small businesses.

Small Business Retail 147

Small Business Retail Supplies Shipping Costs Management 147

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.

Small Business Retail 299

Small Business Retail Retail Shopify eCommerce 299

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.

Beauty and Health 261

Beauty and Health Small Business Retail Operations Channel 261

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.

Small Business Retail 279

Small Business Retail Retail Events Operations 279

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.

Small Business Retail 113

Small Business Retail Retail Presentation Information 113

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.

Events 179

Events Improvements Small Business Retail Travel 179

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.

Small Business Retail 292

Small Business Retail Supplies Retail B2C 292

Retail TouchPoints

APRIL 21, 2021

The Channel grants retailers that advertise on Pinterest through Shopify access to Dynamic Retargeting, which enables them to re-engage with Pinners who have already expressed interest in their products on Pinterest. Many retailers are setting up shops on Pinterest, driven by last year’s explosion in ecommerce sales. million merchants.

Shopify 321

Shopify Multi-channel Small Business Retail Marketing 321

Retail TouchPoints

SEPTEMBER 18, 2020

Often, the real challenge involves getting the ear of retail gatekeepers and convincing them that the new product deserves shelf space. 25, small business owners can apply on Lowes.com/MakingItWithLowes. 25, small business owners can apply on Lowes.com/MakingItWithLowes. Through Sept. Through Sept. Daymond John.

Small Business Retail 256

Small Business Retail Social Media Channel Improvements 256

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.

Payment Services 289

Payment Services Consumer Small Business Retail Banking 289

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 […].

Small Business Retail 89

Small Business Retail eCommerce eCommerce Platforms Online Retail 89

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.

Small Business Retail 277

Small Business Retail Retail Jewelry Customer Experience 277

Retail TouchPoints

DECEMBER 29, 2021

Quartile expects that the acquisition will double its amount of advertising spend under management to $2 billion in 2021. Retail marketers and small businesses are up against great odds when it comes to being seen in online marketplaces,” said Daniel Knijnik, Co-founder and CEO at Quartile in a statement.

Small Business Retail 275

Small Business Retail eCommerce Marketing Management 275

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.

Small Business Retail 109

Small Business Retail Payment Services Telecommunications Games 109

Retail TouchPoints

AUGUST 4, 2021

by the end of 2021. Customer returns are a fact of life for all retailers, and what to do with those products is an industry-wide challenge,” said Libby Johnson McKee, Director, Amazon WW Returns, ReCommerce and Sustainability in a statement. In June 2021, Farfetch partnered with ThredUP to launch a donation program for its U.S.

Merchant Services 299

Merchant Services Shipping Costs Small Business Retail Apparel 299

Retail TouchPoints

FEBRUARY 11, 2022

billion spent in 2021, according to NRF. consumers plan to celebrate Valentine’s Day in 2022, up from 52% in 2021. Not all of that spending will go to product purchases at retail — 41% of survey respondents said they would “love to receive the gift of experiences,” up from 36% in 2021. Super Bowl LVI, with the L.A.

Food and Beverages 264

Food and Beverages Games Small Business Retail Gifts 264

Retail TouchPoints

NOVEMBER 10, 2020

Design and furnishings retailer Herman Miller has opened its first experiential retail concept store at Westfield Century City in Los Angeles, with a second location to follow at The Shops at Hudson Yards in New York on Nov. The retailer plans to open additional locations across the country in 2021.

Small Business Retail 285

Small Business Retail Retail Customer 285

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.

Financial Services 263

Financial Services Fulfillment 263

Retail TouchPoints

NOVEMBER 19, 2021

Fashion retailer H&M is providing a high-profile platform to Black women-owned businesses with the Buy from a Black Woman Holiday Market at its Times Square flagship. Kicking off on Small Business Saturday, Nov. cities spotlighting local businesses.

Events 264

Events Small Business Retail Accessories Fashion 264

Retail TouchPoints

MARCH 15, 2021

retail industry, as many consumers now solely rely on online shopping. Nearly one in five retailers were dependent on 2020’s holiday sales, and many of those sales came from online rather than in-store. While retail ecommerce sales grew 27.6% In 2020, 69% of lawsuits were against retail companies, up 11% since 2019.

Small Business Retail 278

Small Business Retail Retail Technology Management 278

Retail TouchPoints

DECEMBER 6, 2021

To aid its efforts, DoorDash also announced that it had formed a small business advisory council in NYC to “help inform our future partnership with the city’s small businesses, inclusive of bodegas.”. “As the largest and most reliable logistics network in the U.S.,

Merchant Services 298

Merchant Services Small Business Retail Information Consumer 298

lateshipment

OCTOBER 30, 2020

Shipping carriers are already straining their capacity due to social distancing norms and supply-chain restrictions. Retailers, on the other hand, will need to put in efforts from their end to survive and have a good holiday season run. Small Business Saturday - Saturday, 28th November. of all businesses in the US.

Shipping 243

Shipping Small Business Retail Marketing Retail 243

Retail TouchPoints

OCTOBER 24, 2022

eBay Boosts Six Circular-Focused Small Businesses. eBay UK will launch the Circular Fashion Innovator’s Fund with an initial £100,000 ( $113,000 ) in funding for six small businesses specializing in circular fashion solutions. eBay helped save over 17,770 tons of fashion items from landfills on its marketplace in 2021.

Fashion 264

Fashion Small Business Retail Clothing Technology 264

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.

Shopify 289

Shopify B2B Merchant Services eCommerce 289

Ecommerce Platforms

OCTOBER 26, 2021

Large scale enterprises are in the same competing space as midsize and small businesses and this makes the competition a lot more difficult to overcome. The eCommerce service is an omnichannel commerce platform that provides the power of large-scale businesses to mid-size brands. Let's get started.

Payment Services 232

Payment Services Shipping Costs Multi-channel Payments 232

Retail TouchPoints

JANUARY 13, 2023

The 2022 holiday season showed slow, but steady, improvement for the retail industry. As economic headwinds curbed spending capacity, online retail grew in the U.S. Inflation was a major factor in slower growth despite heavy discounting by retailers. but at its lowest rate in years: up 3.5% billion, according to Adobe Analytics.

Electronics 295

Electronics Toys Small Business Retail Sporting Goods 295

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.

Payments 258

Payments Customer B2B Fulfillment 258

Ecommerce Platforms

OCTOBER 20, 2021

Whether you are a large or small business you require a POS (point-of-sale) system to help you in processing orders and managing your brand. The initial pricing could be a little too much for small businesses. The post The Ultimate MYR POS Review (Oct 2021) appeared first on Ecommerce Platforms. Online Ordering.

POS 210

POS Payment Services Point of Sale Payments 210

Retail TouchPoints

JUNE 21, 2023

will have access to more deals from small businesses than ever before, continuing a push that began with last year’s Prime Day and has continued since as the company looks to boost its profile as an enabler of American SMBs. from 2021 to approximately $11.9 from 2021 to approximately $11.9

Electronics 264

Electronics Small Business Retail Clothing Shopping Carts 264

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

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%

Shipping Costs 130

Shipping Costs Shipping Marketing Small Business Retail 130