Retail TouchPoints

OCTOBER 3, 2022

Small business owners already have a lot on their plate. Their business is their baby, and they’ve poured their blood, sweat and tears into big-picture plans while eagerly embracing the day-to-day work. Most industries are crowded and fiercely competitive. Fortifying for the Future.

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Retail TouchPoints

JULY 13, 2023

Now the company has set its sights on becoming the go-to resource for all the other businesses in the neighborhood as well with its new Walmart Business offering. Retail TouchPoints (RTP): Walmart isn’t the only large retailer that has turned its attention to small businesses recently.

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Retail TouchPoints

JUNE 2, 2021

small business products and brands from June 7 through 10. A total of 300,000 small businesses are eligible for the Spend $10, Get $10 Promotion, more than twice as many as in 2020. Amazon will continue highlighting curated deals from small businesses throughout the event. “At

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Retail TouchPoints

AUGUST 16, 2023

In this article, you’ll learn three things you need to do before undertaking a small business rebranding: 1. Analyze Whether There are Shifts in Your Vision Your vision is what sets the tone for your business’ aspirations. It also determines the direction you aim to take in the industry.

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Retail TouchPoints

NOVEMBER 9, 2023

But for many in the book industry, the platform’s very existence is a victory. Right before we launched, I had a panic attack when I did the math of how many customers we would need to survive,” recounted Andy Hunter, Founder and CEO of Bookshop.org in an interview with Retail TouchPoints. “It

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Retail TouchPoints

JUNE 25, 2020

Even before COVID-19, the retail industry was already going through significant challenges, disruption and transformation. Based on our internal discussions, industry thought leadership and the data we have collected throughout the marketplace, we have pulled our sketchbooks out for ideation. Think the Airbnb of retail shops.

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Retail TouchPoints

AUGUST 20, 2024

(Image courtesy The Posh Kings) The couple’s knack for adaptation, their undaunted willingness to jump into new challenges (and new businesses) and their outgoing, friendly attitudes make them a wellspring of knowledge about retail and entrepreneurship, one we willingly tapped for our series on successful small businesses.

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Retail TouchPoints

JULY 18, 2022

The National Retail Federation (NRF) has named the five finalists for the title of America’s 2022 Retail Champion of the Year. The award , now in its sixth year, honors small retailers who make a mark on public policy debates affecting the retail industry.

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Retail TouchPoints

JULY 5, 2024

So how does one get into such a niche area of retail? In the process we learned a lot about cheese, naturally, but also how thoughtful curation has helped him create a thriving local business in a country where his product is largely unknown (despite being a former British colony). We sat down with Sinclair to find out.

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Retail TouchPoints

JANUARY 10, 2025

Most product categories have several pillar retailers that rule the vertical. Think about apparel, furniture, grocery and even more niche segments like home improvement, crafting or office supplies its easy to name multiple major retail banners serving each of these categories. in 2023 the retail picture is very different.

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Ecommerce Platforms

FEBRUARY 10, 2020

The evolution of the internet has introduced an exciting new industry, where creativity and passion are more important than real-estate. As a result, there are dozens of different companies all claiming to have the best ecommerce platform to offer today’s small business owners. Now, we’re living in a slightly different world.

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Omnisend

APRIL 26, 2023

Reading Time: 17 minutes Do you want to start a business but don’t know where to start? This article highlights the best small business ideas you can use to start your new venture. In this article, we’ll share the best small business ideas you can use to kick-start your entrepreneurial journey and achieve your personal goals.

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Retail TouchPoints

SEPTEMBER 8, 2022

Retail crime is on the rise, and it’s affecting companies of all sizes. The National Retail Federation (NRF) estimates that organized retail crime cost stores an average of $1 billion in sales in 2020, up more than 50% over the last five years. Retail Crime is a National Issue. No retailer can fight retail crime alone.

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Retail TouchPoints

MARCH 25, 2024

The ecommerce industry has experienced rapid growth in recent years, with global sales reaching an estimated $5.8 The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. trillion in 2023, according to research by Statista.

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Wiser

JUNE 5, 2023

As a small business owner, managing supply chain issues is nothing new. Because smaller retailers cannot always order in bulk or far in advance like many larger retailers do, any supply chain disruptions are often felt faster and stronger by small businesses.

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BigCommerce

NOVEMBER 28, 2017

It’s also time to check out what happened at large in the ecommerce industry during Cyber Week 2017. Automotive retailers saw the highest average order value ($235.10) , followed by retailers within the Sports & Outdoors ($143.50) and Home & Garden ($103.60) categories. Small Business Saturday.

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Retail TouchPoints

NOVEMBER 25, 2024

Starting in early December, Bogg Bags will be available in 1,800 stores nationwide, including a limited-edition Bullseye Bogg Bag and two additional colorways exclusive to the retailer: Beach Hydrangea and For Shore White. However, this latest expansion has kickstarted a new growth trajectory for the business, which started in 2008.

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Retail TouchPoints

JANUARY 11, 2021

Without question, the COVID-19 pandemic proved to be quite a disruptor for retailers, as in-store sales dropped and other options, like ecommerce and buy online, pick up in-store (BOPIS) surged. With that in mind, here are three predictions for retailers in the coming year. The auto industry speeds to digital.

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Retail TouchPoints

AUGUST 10, 2022

Hurricane Season 2022 is underway, and with it comes the looming threat of outages and downtime for retailers. As we head into the peak of the season, retailers should review their disaster avoidance strategies as they seek to protect critical equipment and prevent downtime.

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Retail TouchPoints

NOVEMBER 16, 2022

The retail industry has experienced a great deal of change over the last 2½ years with the accelerated growth of online sales, the introduction of new safety protocols, the expansion of experiential retail concepts and the integration of new technologies. The retail storefront is no longer about just leaving with goods in hand.

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Retail TouchPoints

JANUARY 9, 2024

“Ecommerce became not just a ‘good-to-have’ channel, but a must-have channel for small businesses. Alibaba.com’s mission had always been to help small businesses globally, something which is extremely meaningful to me and made it an easy choice following my time at PwC.”

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TalkingRetail

DECEMBER 5, 2024

The public is being urged to show support for small businesses this weekend as Small Business Saturday returns with a mission to deliver a vital boost for firms heading into another challenging winter.

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Retail TouchPoints

MARCH 21, 2022

What does having a network that can offer high speed and low latency really mean for retailers, and how can they take advantage of it? Imagine a retail location where customers using an AR-powered mirror can see how clothing looks on them without ever entering a changing room. 5G can Drive Consumer Engagement.

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Retail TouchPoints

DECEMBER 1, 2021

In another sign that Black Friday, and to some extent the entire extended Thanksgiving weekend, has ceded its position as a truly peak shopping period, Black Friday 2021 was a mixed bag for retailers. million , according to the National Retail Federation (NRF), compared to 186.4 Small Business Saturday was a Small Success.

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Retail TouchPoints

MARCH 31, 2023

Retailers know that customer engagement must be the focus of their marketing efforts. The only problem is, for many retailers, the idea of becoming involved in the financial transaction part of the journey is a leap too far. Its simplicity works for the retailer and customer alike.

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Kissmetrics

SEPTEMBER 11, 2020

Regardless, the average small business owner spends five hours every pay period running payroll. They may have their own preferences and expertise, which may help you decide which service is right for your business. With that said, many small businesses don’t necessarily need to hire someone.

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Retail TouchPoints

JULY 25, 2022

Mayvenn is working to digitize the salon industry with a particular focus on independent stylists, many of whom are women of color. “Supporting diverse businesses is a priority for Walmart,” said Darryl Spinks, Senior Director of Walmart Services in a statement. ”

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Retail TouchPoints

FEBRUARY 1, 2022

In conversations with retailers, technology partners and industry veterans in my network, several points have stood out. One area of investment by retailers is a shift to buy online, pick up in-store (BOPIS), which was called “table stakes” by one retailer insider I talked with. Alternative Supply Chain Options.

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Retail TouchPoints

SEPTEMBER 21, 2020

During our annual 36|86 Festival in August, a panel of experts and founders across the retail industry came together (virtually) to address what trends and consumer habits have changed specifically, how they’ve adapted to serving customers, and what the outlook looks like for the future for small businesses, e-Commerce and logistics.

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Retail TouchPoints

JUNE 15, 2020

At large retail outfits you won’t be trying on that shirt. There will be some innovation that may first strike us as odd: Suitsupply is reinventing its retail journey by installing “ Safe Shopping Screens” partitions in its stores. After all, it’s called “retail therapy” — not “retail trauma.”.

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Retail TouchPoints

JUNE 14, 2023

Nearly every major retailer has embraced consumer demands for quick and easy delivery. In fact, experts predict that online food delivery alone will become a $32 billion industry by 2024. The rise of delivery services has made it easier for consumers to get purchases more quickly and for retailers to offer these services more widely.

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Retail TouchPoints

FEBRUARY 9, 2024

Retail crime was a hot topic throughout 2023, and it’s easy to see why. According to the National Retail Security Survey, losses attributed to retail theft rose to $112.1 Cracking down on retail crime isn’t just about stopping thieves anymore. billion in 2022, up from $93.9 It’s about keeping employees and shoppers safe.

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Retail TouchPoints

FEBRUARY 19, 2021

Retailers across multiple verticals are taking concrete steps to diversify their merchandise mixes with products produced by women, Black people and other people of color. Each of the winners received marketing and mentoring support along with a place in the retailer’s merchandise mix. Tracee Ellis Ross. Big Find pitch session.

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365 Retail

NOVEMBER 28, 2024

The influencer marketing industry was priced at 21 billion in 2024 and is projected to rise to 25 billion pounds by the close of 2024. Many influencers use their platforms to bring light to critical social issues, support small businesses, and drive positive change. The post Influencer Overload?

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Kissmetrics

SEPTEMBER 18, 2020

Every business needs insurance. Depending on your business type and industry, some of you will need more protection than others. As you’re browsing and getting quotes from different providers, make sure you keep the following considerations in mind: Industry. Do they have experience covering businesses in your industry?

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Retail TouchPoints

JULY 14, 2021

Using ecommerce platforms like Shopify , Wix or SnapBlooms is a no-brainer for small shops, but before signing on to one, you must know your niche industry and the available ecommerce solutions. As the bare minimum, see what others in your industry are using and perform due diligence to ensure the best fit for your business. .

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Retail TouchPoints

MARCH 22, 2022

This platform, with its humble beginnings selling used books, has gone on to power the careers and fortunes of countless small businesses. Amazon’s innovations also have inspired some of the most game-changing new business models in retail, adopted by Target , Walmart and Macy’s to name just a few.

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