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Retailers Need to be Smarter with Their Smart Store Implementations

Retail TouchPoints

By 2030, the smart retail market will be worth $91.36 That’s one reason why customers value seamless omnichannel experiences, such as mobile apps that are connected to inventory management software to enable searching for stocked products at local storefronts, or scanning mobile QR codes for loyalty programs and coupons.

Payments 284
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REI Opens Dedicated Resale Store in Oregon

Retail TouchPoints

The retailer formalized its resale operations with a dedicated ecommerce site , trade-in program and in-store resale offerings in 2018, and sold more than 1 million used products through Re/Sale’s omnichannel operations in 2022.

Outdoor 278
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Consumers Want an Experience That’s Driven by Cloud Retailing – Even if They Don’t Know It

Retail TouchPoints

We’ve grown accustomed to these various retail touch points, and as a result, we’ve started to notice omnichannel inconsistencies that might never have occurred to us before — raising our own expectations of our favorite brands and retailers. Fortune 500 companies could generate up to $3 trillion of EBITDA value by 2030. Here’s how.

Consumer 274
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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

As a result, the luxury market’s base expanded to approximately 400 million consumers in 2022 and is expected to reach 500 million by 2030, Bain & Company revealed — and the expansion goes far beyond the aspirational promise. At Alibaba’s recent 11.11 They must be both at the center of culture and at the cutting-edge of culture.

Payments 290
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Co-op Taps Walmart Commerce Technologies to Support Online Grocery Growth

Retail TouchPoints

The company aims to grow its member base from 5 million to 8 million by 2030. In March 2024, Co-op rolled out its own membership program to give consumers access to exclusive offers, discounts and events. Our approach is centered on ease, speed and convenience from our local stores, which are well placed in the heart of communities.

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Resale Revs Up: eBay Enhances Refurbished Goods Offering, New Overstock Marketplace Launches

Retail TouchPoints

Additionally, Liquidity Services , which operates a B2B ecommerce marketplace for surplus business and government goods, has launched a new consumer-facing omnichannel marketplace called AllSurplus Deals for returned and overstock goods.

Supplies 323
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Starbucks Unveils Evolved ‘Reinvention’ Plan

Retail TouchPoints

Shot #3: Becoming ‘Truly Global’… … by expanding its global store footprint to 55,000 by 2030, an average of eight new stores a day, as well as the expansion of its digital platforms across all licensed partners globally. said Michael Conway, Group President of International and Channel Development at Starbucks in a statement. “We