iVend

NOVEMBER 18, 2024

Read about how we help streamline retail operations. In 2024, the average transaction uses not two, but five or six touchpoints. So if omnichannel is more than simply click and collect, what else do retailers have to be aware of to be a true omnichannel business in 2024?

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365 Retail

JULY 19, 2024

As the retail industry evolves, physical display trends are essential for capturing customer attention and driving sales. In 2024, several innovative trends in visual merchandising and physical displays are set to transform retail environments. Here are five key trends to watch out for.

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Retail TouchPoints

MAY 24, 2024

Shopify provides a unified commerce platform designed to enable seamless customer experiences across all channels while centralizing data and operations for multi-location retail businesses. Want to explore how unified commerce can bring your business to the next level? Register now and visit them at booth #515.

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Retail TouchPoints

NOVEMBER 14, 2024

Businesses today operate in a fast-moving cyber threat landscape. As digital operations become more complex and cybercriminals launch increasingly sophisticated phishing and malware attacks, data breaches have become common occurrences. million last year.

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Retail TouchPoints

JULY 9, 2024

JCPenney has faced the same challenges that bedevil the entire department store vertical, ranging from lower foot traffic at malls to the high operating costs that come with significant brick-and-mortar investments. I’m also looking at where I can [continue to] utilize customer data in a meaningful way.

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FastSpring

APRIL 23, 2024

Instead, the company bills itself as billing and financial operations for B2B SaaS, and the featureset is much more focused on back-end operations. Maxio (Formerly Chargify and SaaSOptics) Maxio is neither an MoR nor a payment gateway. The core Maxio product enables users to automate recurring billing. Advanced revenue management.

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Retail TouchPoints

AUGUST 23, 2024

The 2024 Verizon Data Breach Investigations Report notes that there were 725 known data breach incidents in the retail sector for the year ending in late October 2023. An estimated 369 of those resulted in confirmed data disclosure. Preventative measures are the solution to this threat containment.

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365 Retail

JANUARY 4, 2024

These strategies aren’t just buzzwords; they’re practical, actionable approaches that can make a real difference in your retail operations. Whether you’re a small boutique or a large chain, these insights will help you stay competitive and connect better with your customers.

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Retail TouchPoints

MARCH 1, 2024

Best Buy closed 24 stores in FY 2024 and plans to close 10 to 15 in FY 2025. Barry noted that Best Buy’s wealth of first-party customer data gives it an advantage in its personalization efforts, particularly with its mobile app. “We For Q4 2024, Best Buy’s comp sales fell 4.8% Revenue of $14.6 drop from the $14.7

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POS Omnichannel Mobile Improvements 265

Retail TouchPoints

AUGUST 29, 2024

and globally, according to the Salesforce Shopping Index , which analyzes data from more than 1.5 trillion , Salesforce predicts global sales for November through December 2024 will reach $1.19 Advertising costs and space availability will both be at a premium with the 2024 elections in the U.S. trillion , with the U.S.

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Retail TouchPoints

OCTOBER 16, 2024

retailers currently use AI in their strategies, with 97% planning to increase investments in 2024. According to one Gartner Market Guide : “By 2025, the top 10 global retailers by revenue will leverage contextualized real-time pricing…to manage and adjust in-store prices for customers.” through 2028. through 2028.

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Retail TouchPoints

MAY 29, 2024

Businesses and organizations across virtually all markets and niches are exploring how artificial intelligence (AI) could benefit their operations. Businesses must work with software providers that help them manage data consent, privacy, and compliance.

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Retail TouchPoints

JANUARY 16, 2024

Li was a panelist at the NRF 2024 session, Digital Strategies to Decode Gen Z. Customer Engagement at McDonald’s , also noted the seeming contradictions that define Gen Z. Loyalty programs have long been a key tool for retailers to gather customer data, and that hasn’t changed. Another panelist, Caleb Pearson, VP of U.S.

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Smile.io

MAY 15, 2024

Scaling a commerce business is increasing revenue without a significant increase in operating costs. There are many scaling strategies for commerce brands—laying the foundation for growth, enhancing operational efficiency, expanding market reach, focusing on customer loyalty, and adding programs like Smile.io

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Payment Services Merchant Services eCommerce Payments 53

Retalon

FEBRUARY 14, 2024

They offer a competitive advantage by delving into consumer behavior and operational insights. Forbes Those who have already embraced advanced analytics report a boost in operational efficiency by up to 60% McKinsey & Company. This approach helps businesses optimize their operations and create better experiences for customers.

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Retail TouchPoints

AUGUST 19, 2024

The fate of retail performance for the second half of 2024 is anything but certain. Partly due to this shift in consumer sentiment toward valuing privacy, California enacted the Consumer Privacy Act of 2018 , imposing strict regulations on how, and how much, customer data can be collected.

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365 Retail

SEPTEMBER 5, 2024

If you’re working in retail, one of the most important things to protect is your customers’ data. Keeping their trust and making sure all operations are carried out smoothly is also a must. retail and food services sales for July 2024 were $709.7 Handling it carefully is essential for the business’s survival.

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Retail TouchPoints

AUGUST 30, 2024

Legacy systems that historically operated in their own silos need to be integrated to connect online and offline offers, aggregate customer data across platforms and programs and foster a frictionless experience. On the operational side, brands need to ensure they have the proper infrastructure in place.

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Retail TouchPoints

JANUARY 25, 2023

With the increase in these forms of payments, retailers are responsible for protecting their customers’ critical data from threat actors lurking around every corner, ready to siphon sensitive personal information. While PCI DSS 4.0 Changing Tides of PCI DSS 4.0

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Merchant Services Payment Services Mobile Payments Customer Data 341

Mi9

SEPTEMBER 26, 2024

By adopting future ecommerce trends and using a single platform for managing B2B and DTC , manufacturers can simplify operations, enhance the customer experience, and increase profitability. According to eMarketer, eCommerce will exceed 20% of all global retail sales in 2024. Why is a Unified Commerce Platform the Right Choice?

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Retalon

FEBRUARY 15, 2024

Emerging trends in retail analytics for 2024, such as the increased use of generative AI, present both new opportunities and challenges for retailers. Prescriptive analytics suggests actionable steps based on analyzed data. Key skills needed in your team include: Data science expertise for analyzing complex datasets.

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Retail Operations Information Management 41

lateshipment

OCTOBER 8, 2024

trillion in 2024 and $7.9 If you’d like to be a part of these succeeding businesses, all you have to do is two things: streamline your operations and exceed your customers’ expectations. Automation tools can significantly streamline this process and can help you transform your e-commerce operations. trillion by 2027?

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Retalon

APRIL 26, 2024

A Milestone in Customer Data Security [TORONTO, March 24, 2024] — Retalon, an award-winning provider of predictive analytics and AI solutions for the retail industry, is proud to announce that it has successfully achieved SOC 2 Type II compliance. For more information, visit www.retalon.com

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Retail TouchPoints

DECEMBER 8, 2022

By the end of 2024, IWSR predicts that the NA spirit, wine and beer market will grow another 31%. Personalized marketing and services powered by a first-party data model. And with our recent investment, we’re going to focus on scaling our operations. Sales of these products reached $3.1 and high-end partnerships.

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Pivotree Blog

NOVEMBER 7, 2024

The US Federal Reserve’s interest rate cut may also encourage 2024 Cyber 5 spending. The race to get customer eyeballs on your products will be tight, so you’ve got to be on top of your eCommerce game to make the most of the opportunity. inflation rate. AI Goes Beyond Chit Chat AI is not just for chatbots anymore.

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Retail TouchPoints

DECEMBER 28, 2021

And yet despite this recent huge growth in ecommerce, physical retail still maintains a firm foothold: Forrester predicts that the vast majority of retail — 72% — will still take place offline as far out as 2024. Moving Closer to the Omnichannel Ideal.

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eCommerce Omnichannel Fulfillment Order Fulfillment 268

Retail TouchPoints

FEBRUARY 1, 2024

Even though inflation has been easing in recent months, a majority ( 70% ) of retail CFOs say they plan to raise prices in 2024 — although 60% said the price hikes would be slight rather than significant, according to the 2024 Retail CFO Outlook Survey from consulting firm BDO.

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365 Retail

OCTOBER 16, 2023

As it stands, the EU general data protection regulation (GDPR) remains the strongest privacy and security law in the world. Furthermore, in Q1 2024, Google will begin disabling third-party cookie tracking for 1 per cent of Chrome users. Jingling all the way through 2024 You’ll collect a lot of consumer data and need to put it to work.

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Customer Data Consumer Webinar Recommendation 62

Retail TouchPoints

APRIL 23, 2021

Therefore, running a retail business in America requires a lot of effort and efficient technology for operation management. billion by 2024. Forward-looking businesses in the retail industry are turning to automation software to streamline operations and improve the bottom line. In the United States, there are approximately 3.8

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365 Retail

JANUARY 18, 2024

SMG will manage the retail media planning and retail media operations functions of Asda business. The Asda brand and loyal customer base allows for a truly exciting opportunity to build a sophisticated and innovative retail media offering for brands and we can’t wait to get stuck in!” Image Credit: Asda With 19.7M

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Retail Omnichannel Technology Customer Data 62

365 Retail

MAY 29, 2024

The new system allows EE’s in-store guides to complete all sales, service, and operational processes from a single device, increasing efficiency and streamlining customer interactions. The company plans to open more than ten Experience and Experience Local stores across the UK between April 2024 and March 2025.

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Retail TouchPoints

APRIL 4, 2024

Retail media experienced massive growth in 2023 and shows no sign of slowing in 2024. Retailers are now demanding large media company dollars, but they are operating almost as a startup in terms of their technological capabilities. The final guidelines were released in February 2024, but this is just the beginning. The culprit?

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Retail TouchPoints

AUGUST 30, 2023

Companies with loyal customers understand their customers’ needs and deliver personalized experiences. There’s an art and science to using customer data to capture shopping behaviors and trends and activating that data along with the right shopping features.

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iVend

APRIL 22, 2024

We explore the key metrics that retailers should track to ensure that they are operating efficiently and raising as much money for their charity as possible. Global sales in 2024 are at $1.046 trillion US dollars, and forecast to grow by $130 billion to $1.176 trillion by 2028. of total revenue in 2024, showrooming is a growing threat.

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POS Electronics Consumer Electronics Mobile 52

ESW

MAY 29, 2024

between 2024 and 2029. More than just outsourcing business functions, partners let you provide a personalised shopping experience, accelerate speed to market, optimise operational efficiencies and drive growth. Are your operational workflows adaptable to serve a global customer base?

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Payment Services eCommerce Payments Shipping Costs 78

ESW

MAY 29, 2024

between 2024 and 2029. More than just outsourcing business functions, partners let you provide a personalised shopping experience, accelerate speed to market, optimise operational efficiencies and drive growth. Are your operational workflows adaptable to serve a global customer base?

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Payment Services eCommerce Payments Shipping Costs 78

Fabric

MAY 2, 2023

Organizations spend billions to ensure that every single data point facilitates informed decisions. In fact, Gartner projects that by 2024, 75% of organizations will have deployed multiple data hubs to drive mission-critical data and analytics sharing and governance. We live in an analytics-oriented business world.

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