Retail TouchPoints

JUNE 26, 2023

Groundbreaking at the time, but now sorely outdated, UPCs are finally getting a facelift and moving into the 21st century thanks to the GS1 Sunrise 2027 initiative. Consumers want more information about the products they buy, and retailers want more visibility into the products their customers buy. A true win-win!

Merchant Services 279

Merchant Services Retail Shipping Costs Customer Experience 279

Retail TouchPoints

DECEMBER 21, 2023

Some retailers, such as PUMA and 1-800-FLOWERS , have eagerly tested gen AI capabilities to create more personalized customer experiences at scale. However, that certainly will not stop retailers from testing generative AI to drive business productivity and revenue. Alicia Esposito 7.

Sporting Goods 306

Sporting Goods Operations Apparel Consumer 306

Retail TouchPoints

MAY 31, 2022

Source: Coresight Research “Building Blocks of the Metaverse: 5G” Both at a consumer and an enterprise level, 5G is still in its infancy, but it’s expected to grow quickly and become the dominant mobile access technology by 2027 reaching 90% penetration in North America within that time, according to Ericsson.

Merchant Services 354

Merchant Services Retail Mobile Supplies 354

Retail TouchPoints

MAY 4, 2023

(Source: ThredUp 2023 Resale Report) These money woes are not because consumers aren’t spending — ThredUp ’s latest annual report predicts that secondhand sales will double by 2027 to reach $350 billion globally — but because online purveyors of secondhand products face a number of unique challenges.

Gifts 290

Gifts Supplies Fulfillment Apparel 290

Retail TouchPoints

NOVEMBER 8, 2022

Levi’s announced its strategy for propelling the company toward revenues of $9 to $10 billion by 2027 at its June 2022 Investor Day , including plans to open 400 new stores along with elevating and strengthening the company’s core brands: Signature by Levi Strauss & Co., Denizen, Dockers and Beyond Yoga.

Department Stores 233

Department Stores Omnichannel Operations Retail 233

Retail TouchPoints

MARCH 3, 2022

The last mile has become a more crucial part of the entire customer experience, particularly the delivery portion. By 2027, the global last mile delivery market is expected to reach more than $200 billion , nearly double what it was in 2020. Then next-day delivery became same-day and even one-hour delivery.

Shipping Costs 246

Shipping Costs Retail Marketing Other 246

Retail TouchPoints

JANUARY 4, 2024

Between 2023 and 2027, ecommerce alcohol sales revenue in the U.S. is forecast to continuously increase by nearly 21%, with 2027 total revenue expected to reach $20.48 In recent years, alcohol ecommerce surged throughout the U.S. Worldwide, ecommerce alcohol sales followed a similar trend, growing 43% in 2020.

Operations 147

Operations eCommerce Management Marketing 147

Retail TouchPoints

MARCH 30, 2023

ChatGPT Unlocks Real-Time, Conversational Personalization on a Previously Impossible Scale The role AI plays in retail is growing, and it’s quickly reaching a tipping point — 80% of industry executives expect their companies to adopt AI-powered intelligent automation by 2027, according to Juniper Research. View the session on demand.

POS 298

POS Omnichannel Webinar Point of Sale 298

SellBrite

MAY 3, 2021

Have you ever wanted to start an online store but didn’t want to deal with inventory management, fulfillment, shipping, or any other ecommerce shenanigans? Dropshipping is an order fulfillment method where the seller doesn’t make or stock products but instead uses a third-party supplier to ship products to customers.

WooCommerce 167

WooCommerce Shipping Costs Merchant Services Payment Services 167

lateshipment

OCTOBER 8, 2024

trillion by 2027? If you’d like to be a part of these succeeding businesses, all you have to do is two things: streamline your operations and exceed your customers’ expectations. This can lead to a negative customer experience, lost revenue, and a permanently damaged brand reputation. trillion in 2024 and $7.9

eCommerce 130

eCommerce Shipping Costs Merchant Services Fulfillment 130

Kibo

JANUARY 18, 2023

5 Critical Values From Distributed Order Management in an Omnichannel World As retailers struggle with inventory visibility and fulfillment efficiency, OMS has quickly become the core system needed to successfully run a commerce business. billion in 2027. Fulfillment optimization in modern OMS solutions. billion in 2022 to $3.16

Fulfillment 62

Fulfillment Supplies Shipping Costs B2B 62

Kibo

AUGUST 16, 2022

BOPIS and curbside pickup have come from virtually nowhere to become a mainstay of modern retail fulfillment. And what might have been seen as a temporary reaction on the part of consumers to pandemic-era conditions has become a routine part of today’s shopping experience. So how can retailers adapt to the shifting landscape?

Fulfillment 62

Fulfillment Omnichannel POS Shipping Costs 62

Fabric

JUNE 7, 2023

billion in 2022 and is expected to continue increasing at a compound annual growth rate (CAGR) of 5.02% through 2027. through 2027. Dropshipping is a type of order fulfillment model where retailers sell products without keeping them in stock, instead relying on suppliers to handle inventory storage and shipping directly to customers.

Supplies 100

Supplies Shipping Costs Payment Services eCommerce Platforms 100

Fabric

JUNE 7, 2023

billion in 2022 and is expected to continue increasing at a compound annual growth rate (CAGR) of 5.02% through 2027. through 2027. Dropshipping is a type of order fulfillment model where retailers sell products without keeping them in stock, instead relying on suppliers to handle inventory storage and shipping directly to customers.

Supplies 100

Supplies Shipping Costs Payment Services eCommerce Platforms 100

Fabric

JUNE 7, 2023

billion in 2022 and is expected to continue increasing at a compound annual growth rate (CAGR) of 5.02% through 2027. through 2027. Dropshipping is a type of order fulfillment model where retailers sell products without keeping them in stock, instead relying on suppliers to handle inventory storage and shipping directly to customers.

Supplies 100

Supplies Shipping Costs Payment Services eCommerce Platforms 100

Omnisend

MAY 28, 2021

Low digital barriers allow merchants to enjoy marketing, selling, and fulfilling orders globally with minimum roadblocks. Research shows that, in Europe alone, it’s expected that each customer will spend a whopping $921 on fashion and beauty items a year in 2024. billion from 2022 to 2027. Clothing and Apparel.

Fashion 78

Fashion eCommerce Jewelry Apparel 78

365 Retail

OCTOBER 1, 2024

Ecommerce firms, such as providers of online shops and platforms for physical consumer goods, account for over 20 percent of the sales worldwide, and forecasts indicate that by 2027 , the online segment will make up roughly a quarter of global retail sales. Logistics isn’t about creating magic. An investment in IT is of the essence.

eCommerce 52

eCommerce Shipping Costs Fulfillment Presentation 52

Pivotree Blog

JANUARY 11, 2024

If you’ve adopted a thriving omnichannel strategy, your retail establishment likely provides customers with both online and in-store purchasing options. The click-and-collect market is projected to reach $703 billion worldwide by 2027. Customers save on shipping costs as it eliminates the need for last-mile-delivery fees.

Omnichannel 52

Omnichannel Payment Services Customer Shipping Costs 52

CPC Strategy

MARCH 7, 2024

2024 retail media ad spend is forecasted to reach nearly $60B —continuing to grow at least 21% YoY through 2027—making “retail media the fastest growing ad spending channel in all of media.” ” “In 2024, personalized customer experiences will take center stage on Amazon.

Blog 81

Blog Shipping Costs Omnichannel Merchant Services 81

Retail TouchPoints

NOVEMBER 21, 2024

In 2022, 360 million people worldwide used BNPL, and 900 million will be using it by 2027. Inflation remains a big concern for a lot of people who may be facing tighter budgets. That’s why BNPL is such a phenomenon and continues to grow.

Consumer 278

Consumer Retail Gifts Payment Services 278