Retail TouchPoints

JANUARY 10, 2024

As part of its Triple Shot Reinvention Strategy — one of the key objectives of which is to become “truly global” — Starbucks plans to more than double its current India store count to 1,000 brick-and-mortar locations by 2028. To meet this goal, the company will open one new Starbucks in the country every three days.

Operations 262

Operations Consumer Marketing Customer 262

Forrester eCommerce

APRIL 4, 2024

From 2023 to 2028, growth will — for the first time — fall to single digits due to the maturity of the market. In our new US ad spending forecast covering 2023 to 2028, we examine trends impacting […] Spending on digital advertising in the US is forecasted to settle into a period of moderate growth.

Marketing 295

Marketing Social Media B2C 295

Retail TouchPoints

MARCH 7, 2024

fleet by the end of 2028. Aldi’s growth plans include beefing up its presence in the Northeast and Midwest, with plans to add nearly 330 stores across both regions by 2028. Discount grocer Aldi will invest more than $9 billion over the next five years on its national expansion plan, which includes adding 800 stores to its U.S.

Customer 147

Customer Retail Marketing Customer Experience 147

Retail TouchPoints

FEBRUARY 9, 2023

Canada Goose is planning to more than double its physical footprint from the current 51 locations over the next five years as it pursues revenue of $3 billion by 2028. Canada Goose also will invest in improving and streamlining operations, with the goal of reaching $150 million in saved and avoided operating costs by the end of fiscal 2028.

Omnichannel 147

Omnichannel Operations Improvements Consumer 147

Retail TouchPoints

NOVEMBER 18, 2024

Calling North America its “most exciting growth opportunity where we see excellent prospects for further growth in our airport business,” WH Smith plc predicts that it will operate approximately 500 stores in this region by 2028, with the airport business comprising about 85% of the total North American division.

Travel 147

Travel Operations Retail Marketing 147

Forrester eCommerce

MAY 30, 2024

CAGR through 2028, faster than the broader software market. Forrester’s forecast of the total addressable market for the web content management software (WCMS) market reveals it will grow at a 13.5%

Management 259

Management Marketing Technology Operations 259

Retail TouchPoints

JANUARY 26, 2024

Kroger will require its fresh produce suppliers to use Integrated Pest Management (IPM) practices for all products they sell to the supermarket giant by 2028 or 2030, depending on the grower’s size. Medium- to large-sized growers will be expected to meet the goal by the end of 2028, while small growers will have until 2030 to comply.

Supplies 258

Supplies Management Marketing Retail 258

Forrester eCommerce

JULY 23, 2024

Digital transformation is a cornerstone of innovation and sustainable growth. The World Economic Forum estimates more than two-thirds of new value creation over the next decade could come from digitally enabled platforms.

eCommerce 243

eCommerce Travel Technology Retail 243

Retail TouchPoints

AUGUST 6, 2024

stores by 2028. “Since launching Caper Carts with other retailers in the U.S., we’ve seen an incredibly positive response from customers of all ages, and we’re excited to begin scaling globally.” Aldi has been on a growth path in the U.S. via a combination of new store openings and acquisitions.

Fulfillment 290

Fulfillment Technology Customer Marketing 290

Retail TouchPoints

FEBRUARY 2, 2024

In addition, the Postal Service anticipates adding at least 45,000 battery-electric Next Generation Delivery Vehicles (NGDVs) by 2028. This represents one of the largest commitments to vehicle electrification in the nation. USPS will continue to explore the feasibility of achieving 100% electrification for its delivery vehicle fleet.

Operations 298

Operations Improvements Technology Other 298

Retail TouchPoints

MARCH 13, 2024

stores by 2028; Tractor Supply will open more than 90 stores in 2024; and Warby Parker plans to open 40 stores this year.

Supplies 278

Supplies Improvements Retail Other 278

Retail TouchPoints

FEBRUARY 15, 2024

Shoe Carnival’s total store count now sits at an all-time high of 429 , keeping the company on track to achieve its target of having more than 500 stores by 2028.

Operations 278

Operations Marketing Customer Retail 278

Retail TouchPoints

JULY 2, 2024

The remaining two-thirds stake in the project is held by Extell Development Company , and the building is scheduled for tenant occupancy in 2028.

Home Furnishings 279

Home Furnishings Customer Experience Consumer Retail 279

RetailWire

JULY 6, 2023

The home depot merchandise landscape shifts to battery-powered by 2028.

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98

Retail TouchPoints

MAY 26, 2023

The three new stores are part of the company’s plan, announced earlier this year , to more than double its current global store count by 2028. Performance apparel brand Canada Goose is continuing its retail expansion across the West Coast with plans for its first Los Angeles store, a permanent presence east of Seattle in Bellevue, Wash.

Arts 277

Arts Apparel Outdoor Retail 277

Retail TouchPoints

SEPTEMBER 25, 2023

This month, Shein announced it would invest an additional $50 million in the program over five years , bringing the company’s total investment to $105 million through 2028. Shein has come under scrutiny for alleged use of Uyghur forced labor in its supply chain, with 22 U.S.

Fashion 258

Fashion Apparel Supplies Shipping 258

Retail TouchPoints

MARCH 31, 2023

On the brick-and-mortar front, True Religion is planning to operate a total of 108 stores by 2028. “The right partner is key to success in China, and Aurorae’s proven local market expertise will enable us to successfully grow True Religion’s presence throughout mainland China as well as in Hong Kong and Macau.”

Operations 250

Operations eCommerce Marketing Other 250

Retail TouchPoints

APRIL 29, 2024

As many as 130 million Americans currently live with a condition that could be treated with a GLP-1 agonist, and as many as 70 million Americans could be using the medication by 2028 , according to some estimates.

Events 286

Events Management Customer Other 286

Retail TouchPoints

OCTOBER 16, 2024

“The strategic priorities announced today are designed to amplify our differentiated model and drive relevant innovation to meet evolving guest needs, positioning Ulta Beauty as the destination for beauty enthusiasts for a lifetime.”

Beauty and Health 263

Beauty and Health Omnichannel Events Retail 263

Retail TouchPoints

MARCH 9, 2023

Adidas has extended the appointment of CFO Harm Ohlmeyer by another three years to the beginning of 2028. The move could help the retailer maintain stability as it prepares to make changes to its core focus and explore ways to make up the sales it lost since cutting ties with Ye , formerly known as Kanye West, in October 2022.

Social Media 264

Social Media Operations Marketing Management 264

RetailDive

JUNE 4, 2024

In the U.S. alone, online sales will reach $1.6 trillion by that period, up from $1 trillion in 2023, according to a recent report from Forrester.

Online Retail 128

Online Retail Retail 128

Retail TouchPoints

DECEMBER 6, 2024

in-store retail media ad spending by 2028. As a result, off-site retail media is expected to account for 18.5% of all U.S. retail media ad spend in 2024, with U.S. retail media CTV ad spending increasing by 335.5%. Meanwhile, DOOH is expected to comprise nearly a quarter of all U.S. digital retail media ad spending in 2023.

Retail 289

Retail Sporting Goods Gifts Marketing 289

Retail TouchPoints

AUGUST 31, 2020

trillion by 2028, according to data from McKinsey. The Local Initiatives Support Corporation (LISC) rolled out the Black Economic Development Fund earlier in the summer and is encouraging companies to make investments designed to improve economic opportunity for Black Americans. economy as much as $1.5

Banking 205

Banking Operations Improvements Fulfillment 205

RIS News

JUNE 26, 2023

and Canada’s outdoor power equipment sales to run on rechargeable battery technology instead of gas by the end of 2028. The home improvement giant expects more than 85% of U.S.

Outdoor 82

Outdoor Technology Improvements 82

RetailDive

MARCH 27, 2024

While that represents meaningful growth, it’s down significantly from a 2022 prediction that the market would reach $82 billion by 2026.

Marketing 119

Marketing 119

Retail TouchPoints

NOVEMBER 14, 2022

billion in 2028. Many retailers are turning to AI to help boost productivity while keeping costs in check. Research finds the global market size for AI in retail is expected to grow drastically, from $4.84 billion in 2021 to $31.18

Customer Loyalty 360

Customer Loyalty Operations Improvements Customer Experience 360

TalkingRetail

MARCH 4, 2024

Following the revelation that the government’s Deposit Return Scheme might be delayed until 2028, independent retail, brands and campaigners have expressed disappointment.

Retail 59

Retail 59

Retail TouchPoints

JUNE 5, 2024

The experts agree, predicting that global AI in the retail market will surpass $24 billion by 2028 , growing at 24.4% Few things have disrupted the ecommerce industry of late quite as thoroughly as AI. Yet many retailers haven’t begun leveraging AI to its fullest potential.

eCommerce 289

eCommerce Recommendation Customer Experience Technology 289

RIS News

JUNE 26, 2023

and Canada’s outdoor power equipment sales to run on rechargeable battery technology instead of gas by the end of 2028. The home improvement giant expects more than 85% of U.S.

Outdoor 71

Outdoor Technology Improvements 71

Retail TouchPoints

OCTOBER 16, 2024

through 2028. .” The overall market outlook for AI pricing solutions indicates continued growth, with Coresight estimating the market will reach $1.6 billion in 2024 and grow at a compound annual growth rate (CAGR) of 16.5%

Consumer 306

Consumer Retail Recommendation Customer Loyalty 306

Practical eCommerce

DECEMBER 13, 2023

The number of ecommerce shoppers in Asia will grow by 52% from 2023 to 2028, although the rate of growth is slowing. The post Charts: Ecommerce in Asia 2023 appeared first on Practical Ecommerce.

eCommerce 130

eCommerce 130

Retail TouchPoints

APRIL 25, 2024

Retail media networks (RMNs) are rapidly becoming one of the most lucrative digital ad formats, with predictions suggesting that by 2028, RMNs will contribute to 15.4% of all ad revenue , outpacing television advertising. How can retailers capitalize on this shift and the emerging market opportunities?

Retail 271

Retail Customer Loyalty Technology Marketing 271

Retail TouchPoints

AUGUST 31, 2020

trillion by 2028, according to data from McKinsey. The Local Initiatives Support Corporation (LISC) rolled out the Black Economic Development Fund earlier in the summer and is encouraging companies to make investments designed to improve economic opportunity for Black Americans. economy as much as $1.5

Banking 164

Banking Operations Improvements 164

RetailWire

MARCH 28, 2024

In an agreement reached with the EPA and environmental groups, the last two coal plants in New Hampshire will cease operations in 2025 and 2028, respectively.

Operations 52

Operations 52

RIS News

MARCH 7, 2024

ALDI will invest more than $9 billion over the next five years on its national expansion, adding new locations across the country.

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87

Retail TouchPoints

MAY 2, 2024

billion by 2028, rising at a market growth of 14.2% As consumers demand more flexible payment options, it is no surprise that the digital top-up card industry has had a strong year. The global digital gift card market is expected to reach $724.3 The businesses that stay agile and data-driven are set to benefit the most.

Customer Retention 278

Customer Retention Payment Services Gifts Marketing 278

Retail TouchPoints

JUNE 6, 2022

from 2021 to 2028); vegan products; and blue zone-specific assortments, among others. Equally important is the use of store space to animate traffic and increase square meter return by leveraging partnerships with diverse entertainment, technological or innovation players.

Retail 291

Retail Operations Channel Supplies 291