Remove 2025 Remove Omnichannel Remove Technology
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Best Buy Shutters Up to 30 Larger Stores as it Shifts Omnichannel Operating Model

Retail TouchPoints

The retailer expects the existing economic pressures to carry over into the coming year, with comparable sales down 3% to 6% in fiscal 2024, but said its fortunes should improve in fiscal 2025 and beyond. “We

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Australian Department Store Digitizes Merch Buying Experience

Retail TouchPoints

David Jones , the Australian premium department store, has digitized its merchandising and buying process as part of its broader Vision 2025+ strategy. David Jones plans to launch the revitalized experience in January 2024, starting with the women’s international and designer ready-to-wear categories.

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Holiday Shopping Trends and Payments Innovations: Experience as Competitive Advantage

Retail TouchPoints

Payments technology is central to the shopping experience. Omnichannel payment solutions allow customers to move effortlessly between mobile apps, websites and physical stores without duplicating data entry of accounts or personal information. trillion between November 2024 and January 2025. and 3.3%, to nearly $1.59

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Best Buy Launches In-House Media Service With Emphasis on Building Diversity

Retail TouchPoints

Additionally, Best Buy Ads will put an emphasis on diversity and inclusion — part of Best Buy’s five-year plan to address underrepresentation and technology inequities, which includes dedicating nearly 10% of its annual media spend to BIPOC media by 2025.

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Five Retail Trends to Watch in 2025

365 Retail

The retail industry is approaching 2025 with significant momentum and a dynamic landscape shaped by notable developments over the past year. At the same time, technological advancements have opened the door for greater personalisation, new revenue models, and more seamless shopping experiences across digital and physical channels.

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Supply Chain Digitalization Challenges that Every Retailer Faces and how to Mitigate Them

Retail TouchPoints

Data provides the prime fuel for running advanced technologies. Digitalization of a system can also face similar resistance internally in the form of inflexibility or resistance to the use of the technologies. Technological complexities. Shift to cloud technology. The advancement of Industry 4.0

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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

Despite these hardships, experts expect a rebound in local and international spending. “China is on track to become the world’s largest personal luxury market by 2025,” said Mei Chen, Director of Fashion and Luxury North America, UK and Northern Europe – Globalization Business, Alibaba Group, in an interview with Retail TouchPoints.

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