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Nordstrom Takes Stake in Topshop Brands, Launches Joint Venture with ASOS

Retail TouchPoints

department store chain and British online retailer aim to “redefine the traditional retail/wholesale model.”. For example, customers will be able to pick up Asos.com orders at Nordstrom and Nordstrom Rack stores beginning this fall. ASOS acquired the Topshop brand portfolio from Arcadia Group in February 2021. .

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Omnichannel Retail Index Spotlights 4 Investment Areas

Retail TouchPoints

Department Stores ( 66% ) and Home & Houseware ( 65.9% ) followed closely behind, showing that verticals with high SKU counts have the most to gain from omnichannel capabilities. We used to talk about multichannel, then it was omnichannel. Now it’s really just shopping.

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5 UCC Trends that Can Help Retailers Thrive in the Now ‘Normal’

Retail TouchPoints

For example, a bespoke clothing boutique that majors in providing a personal VIP experience may find its UCC functionality constraining in ways that a multi-department store offering clothing lines may not.

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February 2020 Marketing News Recap

ROI Revolution

Over the next three years, they intend to close 125 of their least productive stores and restructure those that remain. Consumers are growing increasingly comfortable with shopping online, so it is no surprise that department stores need to adjust their strategy.

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Secret Sales hires elite senior leadership team to drive global expansion

365 Retail

As Advisor to the CEO of VIP.com , Rashid helped develop the Chinese discount ecommerce giant into a multichannel organisation with revenues exceeding $15bn. Most recently, Rashid was CEO of retail and ecommerce at SR Retail Consultancy, where she helped start-ups to large multichannel retailers implement transformational change programmes.

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4 Trends Revealed in Our 2023 Consumer Survey

ChannelAdvisor

Trend 1: Consumers Take a Multichannel Approach The majority of online shoppers (72%) now visit between two and four websites (whether search engines, marketplaces or brand websites) on their buying journey. Join them in their multichannel approach. Our recommendation?

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[UK Blog] 3 Forces Shaping Global Retail During COVID-19

ChannelAdvisor

Those with multichannel operations in place are at an advantage. The department store is exploring digital services, such as offering online sessions which could include wellbeing, craft and cookery classes, as well as advice for expectant parents provided by experts. It’s a challenging time for retailers across the globe.

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