Remove 2029 Remove Customer Experience Remove Operations
article thumbnail

Forrester Forecast: Onlineā€™s Share of U.S. Sales to Top 29% by 2029

Retail TouchPoints

Online Retail Forecast, 2024 to 2029. trillion in 2029, a five -year compound annual growth rate (CAGR) of 8.4% Forrester predicts that total retail sales (excluding automotive and gas) will increase from $5 trillion this year to $6 trillion in 2029, based on a CAGR of 3.7%. retail sales will increase from $1.2

Reference 253
article thumbnail

3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

trillion in 2029. Todayā€™s retailers need to focus just as much on the logistics side of their business operations to streamline processes, maintain profitability and provide the best possible customer experience. Operational agility. It should come as no surprise that the U.S. trillion in 2024 to $1.57

eCommerce 301
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Coach CEO Q&A: New Las Vegas Fulfillment Center will Reduce Delivery Times by 50%+

Retail TouchPoints

To better serve a growing legion of West Coast customers, Tapestry , parent company of brands including Coach and Kate Spade , opened its 788,000-square-foot North Las Vegas Fulfillment Center in November. Tapestry already operates a fulfillment center serving the East Coast located in Jacksonville, Fla. Designed to distribute 22.2

article thumbnail

Embedded Finance: Making Payments Possible in New Frontiers

Retail TouchPoints

In fact, embedded finance will be a $777 billion opportunity by 2029. 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.

Payments 260
article thumbnail

IHL Study: Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023

Retail TouchPoints

The report predicts that retailers could improve their gross margins by 25% or more by 2029 ā€œif they were able to fully take advantage of all the benefits that AI can provide.ā€

article thumbnail

Streamlining EcommerceĀ Expansion with a DTC Partner

ESW

However, venturing into the international market presents a myriad of challengesā€”from navigating complex logistics to ensuring a seamless customer experience across diverse cultures. In fact, the global ecommerce market is on track to experience an annual growth rate of 9.5% between 2024 and 2029. KUIU saw a 6.5x

article thumbnail

Streamlining EcommerceĀ Expansion Through Partnership

ESW

However, venturing into the international market presents a myriad of challengesā€”from navigating complex logistics to ensuring a seamless customer experience across diverse cultures. In fact, the global ecommerce market is on track to experience an annual growth rate of 9.5% between 2024 and 2029. KUIU saw a 6.5x