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The retail industrys rapid adoption of generative AI technologies will continue in 2025. In 2025, retailers will scale these AI projects across the enterprise and embed the technology into core operations of their business. At the same time, consumer expectations for personalized, omnichannel shopping experiences continue to rise.
As we move into 2025 and reflect on the learnings of the 2024 holiday season, customer loyalty and the risks of losing it are at the top of every business leader’s mind. But delivering a great customerexperience hinges on more than just strategyit requires seamless user experiences (UX) at every touch point.
Five Payments Innovations to Enhance Holiday Shopping Experiences As consumer expectations evolve, payments innovations create key differentiators for retailers and exceptional shopping experiences for their customers. trillion between November 2024 and January 2025. and 3.3%, to nearly $1.59 Prior to J.P.
Vendors in Partnership (VIP), a dynamic community of retailers and solution providers aiming to improve how industry players work together, is partnering with Retail TouchPoints to elevate its 2025 Award winners, who will be revealed at an exclusive awards ceremony on January 10 in New York City.
In exchange, Kirklands has agreed to become Beyonds exclusive brick-and-mortar operator and licensee for aseries of small-format (up to 15,000square feet ) neighborhood Bed Bath & Beyond stores.The deal now also includes the operation of BuyBuy Baby stores , following Beyonds February 2025 acquisition of that brand.
In 2025, the ROI on performance marketing will be heavily impacted by how well we built the brand this year, so we’d better know how that’s going. As a result, marketers have a tighter timeline to generate demand and drive conversions, especially since there are only 47 days until Christmas.
The Impact of Post-Purchase Experience on Customer Loyalty Post-purchase experience is an essential building block for customer loyalty and driving your Customer Lifetime value (CLV). Make sure you support your customers throughout the post-purchase experience and have them lift a finger only for exceptions.
Weve crunched the numbers, and here’s what we see coming for 2025 retail and ecommerce trends. The state of retail in 2025 Retail is a booming market, projected to reach $28 trillion by 2028. However, these tools are not a panacea for all the pain points that ail customers.
In the competition for consumer dollars, stores remain a crucial part of a successful omnichannel strategy and there is significant opportunity in the current market for retailers looking to open stores and developers looking to reimagine spaces in fresh ways. Lets start by looking at the landscape.
The company plans to gain market share and increase currency-neutral sales by an average of 8% to 10% annually between 2021 and 2025, through an aggressive expansion of Adidas’s already booming DTC business, including ecommerce; digitalization of its operations and stores; an expanded membership program; and an increased focus on sustainability.
Prior to COVID-19, many luxury brands had been resistant to the idea of ecommerce, believing it would undercut the high-end experience they offered in stores. McKinsey estimates that online luxury sales will more than triple to $91 billion by 2025, a boost that is being driven by digitally savvy millennial and Gen Z shoppers.
This not only enhances the customerexperience but also can drive measurable business results. WHSmith has upgraded to the latest SaaS version of these solutions from Aptos and also added Aptos Analytics to help it gain a more comprehensive view of enterprise-wide data.
The deal is expected to close by Q4 of the 2025 fiscal year. In October 2024, Wentworth reported that the company would close 1,200 stores over three years, including 500 in the 2025 fiscal year alone, to focus on its “legacy strength as a pharmacy-led company.”
To date, nearly 100 Save A Lot stores have rolled out 400 digital screens, and RFMN plans to nearly double the number of Digital Window signs in stores by Q1 2025. RFMN is a retail media and ad tech company that specializes in providing solutions to independent grocers, mid- to large-scale chain supermarkets and convenience stores.
This division has seen 60% year-over-year growth, and the company expects it to triple in size by 2025. Amazon net revenue has grown 29% year-over-year, and the company has used the marketplace as a key customer acquisition channel. Retail TouchPoints (RTP): The Marlow Pillow was developed based on customer feedback and insights.
Douglas Palladini, former Global Brand President of Vans , will take the top leadership spot, as well as a board seat, starting April 3, 2025. Palladini brings more than 30 years of senior leadership experience to the baby and child apparel retailer. Carters has brought in a new President and CEO to ramp up its growth initiatives.
Netflix is reportedly planning to open permanent brick-and-mortar stores, beginning in 2025 with two in the U.S. Dubbed “Netflix House,” the stores will offer dining, live experiences and retail options related to the streaming service’s shows, including a Squid Game -themed obstacle course.
Whether its improving customerexperiences or optimizing supply chains, staying on top of retail technology trends is essential for remaining competitive. Here are five critical retail technology trends that will drive innovation in 2025: 1. Omni-Commerce: A Unified Shopping Experience The future of retail is omnichannel.
Shoptalk 2025 has wrapped, and the KIBO team is buzzing with excitement! This powerful network, built around KIBO’s Order Management System (OMS), ensures retailers can meet and exceed today’s demanding customer expectations. Shoptalk 2025 reaffirmed the dynamic and ever-evolving nature of the retail industry.
Pop-up stores also can put down roots as a permanent retail location, as Revolve Group did in January 2025 following its successful pop-up at LAs The Grove. 8, 2025 in New Orleans, to products in this case the retailers National Football League-licensed apparel collection. and the other in the Mall of America.
It is projected that nearly two-thirds of expecting and new parents will be Gen Z by 2025. Around 18 months ago, we began to implement a refreshed approach to trend-forward products, a reimagined retail experience and new creative marketing that underscores what its like to be a modern parent.
Recent new openings include Scottsdales Fashion Square, San Diegos Fashion Valley, Bostons Newbury Street, Santa Claras Valley Fair and Orange Countys Irvine Spectrum Center, and there are seven new locations planned through the end of 2025. But our omnichannel presence now gives us a lot of credibility. and King of Prussia, Pa.
Omnichannel Integration Your customers no longer differentiate between shopping online and in-store and often want to use a blend of channels within the one transaction such as ordering online and collecting in the store (click and collect), buying online and returning in the store (BORIS) or ordering in-store for home delivery.
By using high-quality images and videos of products, customers are drawn closer. While videos make for a more engaging customerexperience, only 40% of product detail pages currently use video, according to the 2022 Omnichannel Retail Index. Aside from how the products are displayed comes how the customer discovers them.
Consumers now expect personalised experiences, gamification, and real value in exchange for their loyalty. As we move through 2025, retailers must rethink their strategies and implement innovative approaches to ensure customers keep coming back. Heres how brands can create loyalty programs that genuinely work.
They also will be highlighted in custom programming developed by Barbie and BIFC at the 2025 ENVSN Festival , a two -day event designed for teens, kids and young designers.
As the retail industry braces for another year of rapid innovation and transformation, the Retail Technology Show (RTS) 2025 returns as a key fixture in the sectors calendar. Here are five standout reasons why RTS 2025 should be firmly in your diary. Hell be joined on stage by Customer Whisperer, Kate Hardcastle MBE.
The earnings results for Allbirds and Warby Parker paint an especially strong picture, considering how both brands have worked to become true omnichannel (and public) organizations. The direct-to-consumer (DTC) brand landscape continues to evolve, with the gap between winners and losers widening. year over year to $188.2
Retailers are responding to new expectations for customerexperiences and growing demand for ecommerce, but how are they keeping pace with evolving consumer expectations? As shoppers return to storefronts, they now incorporate a wider blend of online and offline shopping experiences. 75% of U.S. CX Stakes Are Higher.
The retailer also expects to begin construction on approximately 15 House of Sport locations scheduled to open throughout 2025. Dick’s also is expanding its footwear footprint, with plans to add approximately 50 full-service footwear decks, “taking this elevated athlete experience to nearly 90% of our Dick’s locations,” said Gupta.
Accenture estimates that the social ecommerce opportunity will nearly triple by 2025 to reach a whopping $1.2 social commerce will more than double, reaching $99 billion by 2025, with the biggest opportunities in industries like home décor, apparel and consumer electronics. In the U.S.,
Key to Kohl’s transformation strategy will be an enhancement of the retailer’s omnichannel reach, both through expansion of its store portfolio and continued efforts to build its digital business. Kohl’s plans to enhance its data science capabilities in an effort to engage with customers more efficiently and provide greater relevance.
For Hy-Vee RedMedia advertisers, the Carrot Ads capabilities will be available later in 2025. The expansion, which will begin in April 2025, allows advertisers to reach consumers at key points in the shopper journey. More details below.)
In early 2025, Foot Locker also plans to add “Store Mode” to the app, enabling customers to scan SKUs in-store to check availability, including different sizes. Aligned with our Lace Up plan , we believe this initiative strengthens our customer relationships and cements Foot Locker’s position as a leading omnichannel retailer.”
Best Buy will leverage its membership-based loyalty program to sharpen personalization efforts for its 2025 fiscal year, which began Jan. Best Buy closed 24 stores in FY 2024 and plans to close 10 to 15 in FY 2025.
In an interview with Retail TouchPoints , Vaccarella shared how she started and shaped the Bogg business into what it is today, and what is in the pipeline for 2025 and beyond. However, this latest expansion has kickstarted a new growth trajectory for the business, which started in 2008.
To make the customer journey between all of these channels seamless, retail leaders are making sure a holistic omnichannel strategy is a part of their digital transformation. An omnichannel approach can be a big revenue driver. An omnichannel approach isn’t new. Closing the Gap Between Online and Offline Experiences.
The weakest links in supply chains are mostly targeted by the attackers, with irreparable impact on business performance and customerexperience for the retailers. Fetching useful insights from customer data. Taking the right technological path to deliver a superior customerexperience.
The 2025 KPMG Modernizing Payments study, based on quantitative research conducted in September 2024, surveyed 690 retailers spanning multiple verticals in Europe, Asia-Pacific, the Middle East and North America.
Additionally, Hyundai has selected AWS as its cloud provider, paving the way for the inclusion of advanced voice-activated Alexa functionalities in next-generation Hyundai vehicles in 2025. The automaker’s multiyear agreement to use AWS as its preferred cloud provider will allow it to migrate current on-premises applications to the cloud.
Currently 18% of all shopping is ecommerce*, and this is forecast to increase to almost 25% by 2025*. trillion** by 2025. Omnichannel integration Omnichannel integration is the key to retail success. In other words, offering an omnichannelexperience. The global ecommerce market in 2023 is worth $5.5
Currently 18% of all shopping is ecommerce*, and this is forecast to increase to almost 25% by 2025*. trillion** by 2025. Omnichannel integration Omnichannel integration is the key to retail success. In other words, offering an omnichannelexperience. The global ecommerce market in 2023 is worth $5.5
expansion in 2025. We are incredibly proud of the growth weve achieved this year and excited for whats to come in 2025 and beyond. Primark plans to put even more time and money into its U.S. The apparel and accessories retailer has signed five new leases for stores throughout the Southern and Midwest U.S.,
The company amended its asset-based credit facility to increase availability to $155 million due in 2025, led by Bank of America. The new capital structure will allow rue21 to accelerate strategic growth initiatives, including omnichannel enhancements to create more engaging customerexperiences, according to a release from the retailer.
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