365 Retail

MARCH 26, 2024

Nearly half (45%) of UK consumers have been using savings accumulated during Covid-19 lockdowns to offset the cost-of-living crisis, according to new research from the Retail Technology Show (RTS), the industry’s leading event taking place on 24 & 25 April 2024 at London’s Olympia. while Boomers reported the smallest pots at £4,069.20.

Consumer 104

Consumer Technology Events Banking 104

Retail TouchPoints

DECEMBER 29, 2023

The humble sneaker has long been a staple item in closets everywhere for consumers of all ages. The consistent appeal of sneakers and sportswear has grown in recent times with customers, particularly from the Gen Z demographic , continuing to favor them as everyday items for leisure and now work.

Apparel 284

Apparel eCommerce Fulfillment Order Fulfillment 284

Retail TouchPoints

JANUARY 30, 2023

Consumers purchase groceries through the Addie’s app or website and then choose a pickup window. The parking lot of the store is also designed to allow for a convenient drive-up experience. .” grocery sales by 2026, according to Mercatus. of all U.S.

Consumer 312

Consumer Management Technology Other 312

ESW

JUNE 23, 2023

trillion by 2026, making up 27% of all retail sales. And as the number of ecommerce consumers continues to grow, new markets and segments are emerging along with it. According to Morgan Stanley, parts of Southeast Asia and Latin America could experience 17% to 20% ecommerce growth over the next five years.

Consumer 78

Consumer eCommerce Payment Services Shipping Costs 78

Retail TouchPoints

MARCH 15, 2023

As technology innovation continues to advance, retailers are ever on the lookout for easier, faster, and more convenient ways to streamline and enhance their operations and the customer experience. billion in 2026. But because they don’t engage consumers, they do little to encourage a point-of-sale purchase.

Retail 273

Retail Electronics Point of Sale Technology 273

Retail TouchPoints

FEBRUARY 21, 2024

Online shopping is now easier than ever before, enabling consumers to purchase everything from socks to a dining room table from a computer at their home to a mobile phone in an airport terminal. While this is good news for many ecommerce retailers, it has also become more and more expensive to deliver those goods to customers.

Shipping Costs 280

Shipping Costs Shipping eCommerce Small Business Retail 280

Retail TouchPoints

NOVEMBER 14, 2024

Sweeping return-to-office policies and consumers’ focus on attending in-person events and experiences are inspiring them to experiment with fashion by pairing their comfy clothes and kicks with pieces that tie to what’s trending on social , whether that be “quiet luxury,” “book smart style” or “coastal grandmother” (Yep, that’s a real thing.)

Omnichannel 147

Omnichannel Consumer Customer Clothing 147

Retail TouchPoints

APRIL 10, 2023

Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026. The key, according to Van Dijk, is having “a lean operation behind the scenes that will allow us to provide the right information to our consumers,” in particular when it comes to inventory.

Jewelry 283

Jewelry Omnichannel Operations Technology 283

Retail TouchPoints

JULY 15, 2022

Next year, [retail media] will be about $50 billion in media spend, which is about 25% of all digital media, and we’re seeing forecasts of around $100 billion by 2026.”. “We’re seeing something like 50 retail networks launched in the U.S. There are a number of reasons behind the rush to set up RMNs.

Retail 290

Retail Download Marketing Customer Experience 290

Retail TouchPoints

APRIL 14, 2023

In recent years, the financial landscape has changed dramatically with new economic challenges making it increasingly difficult for consumers to commit to recurring monthly payments. Consumer concerns around inflation also remain “highly elevated”. trillion by 2026, growing at a compound annual growth rate (CAGR) of 9.5%.

Payment Services 278

Payment Services Subscription Banking Information 278

Retail TouchPoints

JANUARY 13, 2023

The big question for brands and retailers is how to increase revenues and efficiency, decrease expenses and make every customer count. In periods of soaring inflation, consumers look to buy products they truly need. Personalize the customer experience for added loyalty. How to Maximize Your Top Line in 2023 .

Shipping Costs 289

Shipping Costs Retail Recommendation Consumer 289

Retail TouchPoints

JULY 26, 2023

With ecommerce already on the upswing and expected to grow to one-quarter of all global retail sales by 2026, retailers have a golden opportunity to capitalize on this disruptive time and protect their brand against future supply chain bottlenecks while establishing themselves as industry leaders.

Fulfillment 240

Fulfillment Operations Shipping Costs Order Fulfillment 240

Retail TouchPoints

APRIL 20, 2022

billion globally by 2026. Together, Temeka and CS Hudson provide end-to-end support as Cookies and Dr. Greenthumb’s strive to reach their growth goals and immerse consumers in their brand stories. Our budtenders meet and walk with customers, populating their order on a tablet before heading to the cash desk for checkout.”

Retail 354

Retail Social Media Technology Events 354

Retail TouchPoints

MARCH 27, 2023

In doing so, businesses as diverse as consumer goods suppliers, transport operators, healthcare providers and entertainment companies can layer payment services into their processes, attract new customers with seamless payment journeys and generate additional revenues. trillion by 2026.

Payments 264

Payments Payment Services Financial Services Consumer 264

Retail TouchPoints

MARCH 15, 2024

trillion in sales by 2026. It may even improve customer experience by providing opportunities to buy items at a lower cost. By integrating automated data gathering with price change automation you can build an efficient infrastructure for winning over customers. What is Digital Shelf Optimization?

Telecommunications 264

Telecommunications eCommerce Platforms Games eCommerce 264

Retail TouchPoints

JUNE 8, 2022

As the retail industry starts to return to normal in 2022, merchants around the world continue to respond to changing consumer behavior by embracing adaptability with open arms, in addition to being increasingly open to new technologies as part of their long-term strategies. trillion by 2026. between 2020 and 2021 in the U.S.

Merchant Services 246

Merchant Services Payment Services Payments eCommerce 246

Retail TouchPoints

JUNE 8, 2022

As the retail industry starts to return to normal in 2022, merchants around the world continue to respond to changing consumer behavior by embracing adaptability with open arms, in addition to being increasingly open to new technologies as part of their long-term strategies. trillion by 2026. between 2020 and 2021 in the U.S.

Merchant Services 246

Merchant Services Payment Services Payments eCommerce 246

Retail TouchPoints

SEPTEMBER 14, 2023

that delivers pretty much any item to a consumer with science fiction-style immediacy, retailers remain bound by 21 st -century delivery methods. Unfortunately for retailers, fast fulfillment is rapidly moving from a differentiating “perk” to a consumer expectation. “On Until someone invents a Star Trek -style replicator (“Tea.

Shipping Costs 278

Shipping Costs Fulfillment Shipping Customer Loyalty 278

Retail TouchPoints

SEPTEMBER 23, 2022

trillion by 2026 , we can conclude that most companies are choosing to outsource. Consumers appreciate how swiftly Amazon delivers things , but it can be challenging to meet such high standards as a business. If you cannot fulfill orders at that rate and ship items with such diligence, your customer experience will suffer.

Shipping Costs 331

Shipping Costs Order Fulfillment Fulfillment Shipping 331

ESW

SEPTEMBER 12, 2023

billion by 2026. And along the way, these new consumers are disrupting the industry. Many brands now offer gender-neutral options alongside their traditional offerings, recognising the need to adapt to changing consumer preferences and values. Statista predicts fragrance sales will climb to $3.12

Beauty and Health 144

Beauty and Health Shipping Costs Shipping Channel 144

Retail TouchPoints

JULY 10, 2023

These first movers near universally are noting the gigantic opportunity to transform their business, from operations to customer relations and retention. trillion in 2026, from $3.3 Retailers have a vast amount of data about customer shopping behavior and purchase history. And there’s plenty of money at stake.

Merchant Services 279

Merchant Services Shipping Costs Retail Social Media 279

Retail TouchPoints

JUNE 26, 2023

The latter is a particularly welcome development for large purveyors like Vintage Wines, which now have more options and space to introduce their offerings to consumers, and Kogan has been integral in rolling this out across the company’s portfolio at retailers across the country.

Food and Beverages 278

Food and Beverages eCommerce Fashion Information 278

UpSellIt

AUGUST 3, 2023

By 2026, retail ecommerce sales are projected to reach an astonishing 8.1 Ecommerce segmentation and personalization are two independent, but complementary strategies used in the field of online retail to enhance customer experience, improve conversion rates, and drive sales. Personalized shopping carts and checkout experiences.

eCommerce 109

eCommerce Recommendation Accessories Customer Loyalty 109

Retail TouchPoints

SEPTEMBER 3, 2021

The prize is a big one – due to increasing awareness about ocular diseases and a rise in the prevalence of vision abnormalities, Fortune Business Insights predicts that the global eyewear market will be worth nearly $179 billion by the end of 2026. Streamlining Search in the Endless Aisle.

Recommendation 274

Recommendation Shipping Costs eCommerce Customer 274

Retail TouchPoints

DECEMBER 20, 2021

trillion by 2026, and B2C brands are poised to make up nearly all of that revenue, according to Research and Markets analysis. These new features are being built into the social commerce features within our apps for consumers and affiliates that will first be available in the U.S. before launching in other markets.

Social Media 264

Social Media Customer Retention Technology B2C 264

365 Retail

MARCH 13, 2023

According to Harvard Business Review, 73% of all consumers now use multiple channels during their purchase journey. But what exactly is omnichannel and how can online retailers adapt to meet ever-changing consumer habits? It is a place where entertainment and commerce meet, transforming how consumers shop.

Omnichannel 70

Omnichannel eCommerce Shipping Costs Customer 70

iVend

JANUARY 17, 2023

Here we look at how technology is changing retail, and the key ways that technology trends in the retail industry for 2023 are enabling greater personalisation and customer experience. The delivery robot market is forecast to be $957m by 2026 ¶¶ and drone delivery has a projected global market size of $1.68

Technology 97

Technology Retail Omnichannel Customer Experience 97

ChannelAdvisor

APRIL 3, 2023

As Insider Intelligence’s global retail e-commerce forecast suggests, it is more important than ever for retailers and brands to find ways to be more agile and flexible in how they get products into consumers’ hands—and to do so while offering a positive experience with minimal friction.

eCommerce 52

eCommerce eCommerce Marketing Fulfillment Channel 52

ChannelAdvisor

APRIL 3, 2023

As Insider Intelligence’s global retail e-commerce forecast suggests, it is more important than ever for retailers and brands to find ways to be more agile and flexible in how they get products into consumers’ hands—and to do so while offering a positive experience with minimal friction.

eCommerce 52

eCommerce eCommerce Marketing Fulfillment Channel 52

ESW

JUNE 27, 2023

Climate change, consumer demand and government initiatives are all shedding light on the troubling effects of fashion waste, and they are pushing for the circular economy to take its place. billion by 2026. were secondhand, and 75% of consumers have shopped for or are open to shopping for secondhand clothing.

Apparel 78

Apparel Payment Services Clothing Fashion 78

ESW

OCTOBER 31, 2023

A recent PwC report found that consumers plan to increase spending by 7% this year, averaging $1,530 for gifts, travel and entertainment. Nearly 6 in 10 younger consumers say they are leaning on instalment plans like buy now, pay later (BNPL) to relieve financial stress this holiday season. Consumer shopping habits are always in flux.

Payment Services 78

Payment Services eCommerce Mobile Consumer 78

Kissmetrics

FEBRUARY 1, 2021

By leveraging the data collected from beacons, marketers have more opportunities to track paid campaigns, deliver personalized messaging to consumers, and improve local SEO. dollars by 2026. If you already have a strong content strategy that brings customers into your physical store, you could improve their experience with beacons.

Technology 306

Technology Mobile Improvements SEO 306

RTP blog

DECEMBER 27, 2018

At the same time, job dissatisfaction is hitting new highs and high turnover has created an estimated driver shortage of 60,000 and forecasts of a number 3X that size by 2026. In short, that is fewer drivers who are authorized to drive fewer hours. more than in 2017.

Technology 150

Technology Supplies Electronics Management 150

Fabric

AUGUST 8, 2023

According to Insider Intelligence, 24% of retail purchases are expected to take place online by 2026. However, while global e-commerce sales are growing at an accelerated pace, the traditional approach to order management has not kept up with the evolving needs and expectations of modern customers.

Payment Services 130

Payment Services Fulfillment Management eCommerce 130

GetElastic

JANUARY 31, 2023

In order to increase key KPIs like conversion, AOV, and customer lifetime value, you need to “wow” customers with innovative experiences like shop-the-room, virtual try-on, & pop-up shops and seamless product discovery through product configurators, loyalty-only catalogs , dynamic bundles , and more.

Management 145

Management Customer Experience Technology Improvements 145

Omnisend

MAY 28, 2021

Fashion consumers are predicted to boast more buying power in the future. As a result of their innovative products and stellar customer experience, these top companies outperform on capital efficiency and gross profit margin compared to other brands. consumers reported spending less on luxury and fashion items.

Fashion 78

Fashion eCommerce Jewelry Apparel 78

Korona

SEPTEMBER 22, 2022

Such changes have revolutionized the retail industry and consumer behavior and wouldn’t have been possible without the creation of cloud-based POS software. Cloud POS trends are booming, with nearly 28% of retailers planning to adopt this technology to shape the future of their sales operations and improve consumer satisfaction.

POS 52

POS Payment Services Point of Sale Payments 52