Retail TouchPoints

JUNE 2, 2022

At its June 1, 2022 Investor Day, Levi Strauss and Co executives laid out an aggressive strategy to propel the company toward revenues of $9 to $10 billion by 2027, by doubling down on DTC and diversifying beyond denim. “We The company said it will focus on “elevating and strengthening” its core brands — Signature by Levi Strauss & Co.,

eCommerce 296

eCommerce Customer Loyalty Presentation Consumer 296

Forrester eCommerce

NOVEMBER 18, 2024

The Digital Product Passport promises significant benefits for sustainability, auditability, and consumer information, but a lack of agreement on standards makes it difficult to realise this promise ahead of European deadlines in 2027.

Information 243

Information Consumer Automotive Customer 243

Forrester eCommerce

JUNE 6, 2022

This report outlines the potential of the US B2B e-commerce space across 11 durable and nondurable product categories, with historical data going back to 2008.

eCommerce 195

eCommerce B2B Customer 195

Retail TouchPoints

SEPTEMBER 6, 2024

California adopted workplace safety legislation earlier this year, but it didn’t have a panic button provision. In New York, this element of the law will take effect on Jan.

Retail 263

Retail Mobile Other Operations 263

Forrester eCommerce

MARCH 22, 2023

The Europe-5 markets comprise the top five economies in Europe — in order of size, those are Germany, the UK, France, Italy, and Spain. In 2022, total retail sales for the Europe-5 countries continued to grow strongly, but this growth actually shifted from online channels and touchpoints to offline channels and touchpoints.

Online Retail 195

Online Retail Retail Channel Marketing 195

Retail TouchPoints

MARCH 20, 2024

and $350 billion globally by 2027. Technology to support the resale program is provided by Archive. According to ThredUp , the U.S. resale market is expected to reach $70 billion in the U.S. Timeless design and durability have always been core to our brand, and we’re passionate about offering resale to our U.S.

Technology 263

Technology Customer Marketing Retail 263

Retail TouchPoints

JULY 9, 2024

In the growing creator economy, expected to reach $480 billion by 2027 , it is crucial businesses leverage partnerships with these trusted sources to make sure they meet today’s buyer where they are — seeking out authentic and transparent reviews and recommendations from those they trust, before making a purchase.

Recommendation 276

Recommendation Management Channel Consumer 276

365 Retail

JANUARY 25, 2024

The post 9 out of 10 Businesses Will Revamp Loyalty Programmes by 2027 appeared first on Retail News and Events. “The collective investment in new technology will represent a significant economic event in 2024.” The Antavo Global Customer Loyalty Report 2024 is available now.

Customer Retention 111

Customer Retention Customer Loyalty Technology Events 111

Retail TouchPoints

JULY 24, 2024

Today, nearly two-thirds of adult consumers globally use digital payments, and by 2027, digital revenue is predicted to exceed $14.9 In fact, chargeback requests are expected to reach $41 billion by 2027.

Customer Experience 275

Customer Experience Merchant Services Payment Services Customer 275

Retail TouchPoints

APRIL 11, 2022

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).

Sporting Goods 329

Sporting Goods Accessories Supplies Apparel 329

Forrester eCommerce

NOVEMBER 28, 2022

Forrester’s European Open Banking Forecast predicts a doubling of the adoption of open banking across countries, and use cases, from 2022 to 2027.

Banking 195

Banking Financial Services Management Customer 195

Retail TouchPoints

AUGUST 15, 2023

As services like Amazon Pay expand and go mainstream, the market is expected to top $744 billion by 2027. The global BNPL market grew from $105.15 billion in 2022 to $155.79 billion in 2023 at a compound annual growth rate of 48.2%.

Merchant Services 239

Merchant Services Payment Services Online Retail eCommerce 239

Retail TouchPoints

MAY 3, 2023

this year as it aims to hit the 1,000 -store mark by 2027, Chairman and CEO Michael Casey said on the company’s Q1 2023 earnings call. Children’s specialty retailer Carter’s plans to open more than 50 new stores across the U.S. Carter’s currently operates nearly 800 stores across the country.

Presentation 264

Presentation Multi-channel Specialty Retailers Omnichannel 264

Retail TouchPoints

JUNE 24, 2022

By 2027, the company aims to reach a combined revenue of $1 billion for Beyond Yoga and Dockers. Beyond Yoga’s entrance into brick-and-mortar retail follows parent company Levi Strauss & Co. ’s s June 1 Investor Day , during which President and CEO Chip Bergh noted plans to grow revenues to $10 billion over the next five years.

Fashion 297

Fashion Events Customer eCommerce 297

Retail TouchPoints

JANUARY 20, 2022

India is already one of Walmart’s top sourcing markets, and the retailer’s new goal is to sell $10 billion in goods from the country annually by 2027. A dedicated Cross Border Trade team has been set up in India to help sellers onboard and grow on the platform.

Merchant Services 312

Merchant Services Cryptocurrencies eCommerce Sporting Goods 312

Retail TouchPoints

FEBRUARY 9, 2024

A group of Farfetch shareholders, calling themselves the 2027 Ad Hoc Group, were vehemently opposed to the Coupang deal and put forth a last-ditch effort to scuttle the sale in late January, but their efforts were in vain.

Department Stores 278

Department Stores Fashion eCommerce Operations 278

Retail TouchPoints

DECEMBER 2, 2022

billion by 2027, exhibiting a CAGR of 17.93% from 2021 to 2027. . According to a recent Research and Market report , the global supply chain analytics market reached $5.8 billion (USD) in 2021 and the market is expected to reach $15.6

Supplies 264

Supplies Presentation Operations Travel 264

Retail TouchPoints

APRIL 7, 2022

Walgreens is aiming open a total of 600 VillageMD primary care practices by 2025 and 1,000 by 2027. Walgreens has big plans for VillageMD , which the retailer acquired in October 2021.

Operations 264

Operations Technology Improvements Management 264

RetailDive

APRIL 12, 2023

Small chains are most at risk due to lack of capital to build an omnichannel offering.

Omnichannel 134

Omnichannel 134

Retail TouchPoints

MARCH 28, 2022

By 2027, the global last mile delivery market is expected to reach more than $200 billion , nearly double what it was in 2020. “We are excited to expand easy shopping solutions for our members, while also bringing BJ’s wide assortment and exclusive products to new potential members.”.

Fulfillment 246

Fulfillment Marketing eCommerce Consumer 246

Retail TouchPoints

SEPTEMBER 12, 2023

The Container Store also has plans to add more brick-and-mortar locations; in June 2022 it announced it would add 74 new stores by 2027. The retailer debuted its “Organized Insider” loyalty program in April 2022 and introduced a resale program in May 2023.

Travel 263

Travel Customer Channel Retail 263

Retail TouchPoints

FEBRUARY 16, 2024

trillion by 2027 – representing over 20% of overall retail sales. In the U.S., ecommerce spending is estimated to reach $1.7 Additionally, global ecommerce spending could surpass $7 trillion as early as 2025.

Customer Experience 313

Customer Experience Payment Services Improvements Customer 313

Retail TouchPoints

JANUARY 14, 2022

Data even shows that the global market is expected to reach $2,076.51B by 2027 , and that 1% to 4% of U.S. With e-gift Cards not going away anytime soon, comprehensive fraud solutions are necessary for merchants and customers to keep up with the market. revenue is being lost due to gift card fraud.

Gifts 328

Gifts Merchant Services eCommerce Payments 328

RetailDive

OCTOBER 25, 2024

The retailer’s newest format features “a larger product assortment and expanded food and beverage offerings,” CEO Joseph DePinto told investors on Thursday.

Food and Beverages 124

Food and Beverages Retail 124

RetailDive

APRIL 5, 2023

That’s down from the company’s estimates last year, which expected the market to reach $82 billion by 2026.

Marketing 124

Marketing 124

Retail TouchPoints

NOVEMBER 28, 2024

Mobile-first consumers: With 91% of shoppers using a smartphone to make purchases, mobile commerce sales are expected to account for 62% of all retail sales by 2027. Integrating secure and fast payment gateways is vital to handle spikes in traffic and transactions. Mobile wallets provide the convenience shoppers have come to expect.

Payment Services 298

Payment Services Payments Merchant Services Omnichannel 298

RetailWire

OCTOBER 15, 2024

Walgreens has reported earnings above analysts' expectations, but the company is moving forward with previously announced store closings.

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111

RetailDive

AUGUST 3, 2022

European countries are driving mobile checkout adoption, but the U.S. is catching up, the report suggests.

Mobile 111

Mobile 111

RetailDive

JUNE 28, 2022

Cashless systems are growing in popularity, and retailers are testing new features like facial recognition.

Retail 116

Retail 116

RetailWire

MAY 16, 2024

The Mirage Hotel, credited with rebranding the Las Vegas Strip into a luxury resort destination, is shutting its doors this summer.

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109

RetailDive

AUGUST 8, 2022

Total retail sales are expected to reach $5.5 trillion by that same year, according to Forrester

Online Retail 122

Online Retail Retail 122

RetailWire

DECEMBER 6, 2023

McDonald's is experiencing the fastest pace of growth in the restaurant's 68-year history.

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111

Retail TouchPoints

APRIL 1, 2024

Recent estimates forecast that nearly a quarter of global retail sales will come from online channels by 2027, so the ability to serve a multilingual customer base will be essential for businesses seeking global success. This same barrier can exist for online shoppers navigating ecommerce sites in languages they don’t understand.

Retail 320

Retail Customer Experience Customer Retention Technology 320

Practical eCommerce

DECEMBER 16, 2024

Digital wallets will account for 61% of global ecommerce payments by 2027, per Worldpay. The post U.S. Lags in Digital Wallet Adoption appeared first on Practical Ecommerce.

eCommerce 112

eCommerce 112

Retail TouchPoints

FEBRUARY 24, 2022

trillion by 2027. Fabric’s funding to date now totals $293 million and puts fabric at a $1.5 billion valuation. The company’s rapid growth tracks with the broader ecommerce boom: global ecommerce surpassed $5 trillion in 2021, and B2B ecommerce is expected to reach $20.9

eCommerce Software 264

eCommerce Software eCommerce Shopify B2B 264

Retail TouchPoints

FEBRUARY 17, 2021

billion by 2027, with a compound annual growth rate of 19.9% Projected growth data by research firm Fortune Business Insights underscores the potential of customer loyalty programs and the need for retailers to differentiate their offering to compete. The global loyalty management market stood at $2.47 during the forecast period.

Customer Data 291

Customer Data Marketing Customer POS 291

RetailDive

MAY 31, 2023

Global e-commerce sales now exceed those of specialty retail which, in 2022, was 20% of the overall industry.

Specialty Retailers 122

Specialty Retailers eCommerce Retail 122