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Foot Locker to Boost Digital Investments 50% as it Aims for 25% Online Sales by 2026

Retail TouchPoints

These updates will be particularly focused on mobile, which has become a major channel for the retailer. “In Our digital transformation will create a more agile modern platform,” said Elliott Rodgers, Chief Operations Officer at Foot Locker on a call with investors. The improvements will not be limited to technology.

Mobile 278
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DSW Plans to Double Sales of Private Label Brands Over Next 5 Years

Retail TouchPoints

The company — which operates 650 locations under the DSW Designer Shoe Warehouse and The Shoe Company banners —announced plans to nearly double sales of its owned brands, from 19% of the business to one-third by fiscal 2026 (the fiscal year ending January 30, 2027).

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The Untapped Potential of Audio in Retail Media Networks

Retail TouchPoints

Diversifying advertising budgets with omnichannel media, like digital audio, will help advertisers reach unique and performative audiences at scale, with mere clicks of a button. According to McKinsey , the growth of RMNs could represent as much as $100 billion in ad spending by 2026. ad spending to increase 5.1% The silver lining?

Retail 290
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Express to Expand Retail Presence in Indonesia, Paraguay and Central America

Retail TouchPoints

WHP also will build up the brand’s presence in Mexico with IB Group and grow its brick-and-mortar footprint in Central America via its partnership with Fastco , including four new Express stores in key locations through 2026. The company also plans for shop-in-shop experiences in Mexico and Indonesia.

Toys 264
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How MACH Technologies Help Retailers Foster a Dynamic Customer Experience

Retail TouchPoints

Rapid advances in digital technology have already transformed the brick-and-mortar shopping trips of yesteryear into omnichannel experiences where consumers can shop from home, on the go, or in-store depending on their needs. billion by 2026 worldwide, or roughly 65% greater than its 2020 levels.

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How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

The ultimate goal is to deliver personalized, omnichannel experiences to customers in all of Pandora’s 100 markets. Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026.

Jewelry 282
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Store Management Costs in the Era of Ecommerce

Retail TouchPoints

Food retail demand has become fractured across multiple channels, with traditional brick-and-mortar formats losing out to the online medium. in 2022 and 2026 respectively. For grocers’ customer base, the increasing appeal is to adopt a more omnichannel approach to consumption — a sign of the epidemic of increasing customer disloyalty.