Remove 21-ecommerce-successful-products
article thumbnail

Forever 21 Names Longtime Paper Source Leader as CEO

Retail TouchPoints

Forever 21 has named Winnie Park as CEO, effective immediately. We are thrilled to have Winnie join the Forever 21 team,” said Miller in a statement. As a longtime shopper and admirer of the brand, I am honored to join Forever 21 at such a pivotal time of reinvention and reinvigoration,” said Park in a statement. “I

Fashion 287
article thumbnail

Foot Locker Moves Away from Malls with Plans to Close 400 Underperforming Stores

Retail TouchPoints

As it approaches its 50th anniversary in 2024, Foot Locker has outlined a new transformation strategy “designed to set us up for success for the next 50 years,” said the company’s President and CEO Mary Dillon at an investor presentation on March 20, 2023. The company posted a slight dip in sales in Q4 2022, which ended Jan.

Planning 243
Insiders

Sign Up for our Newsletter

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

article thumbnail

How a Reactive Omnichannel Strategy can Help you Capitalize on Reactive Buying Trends

Retail TouchPoints

There is, however, a huge opportunity for retailers that have the right offer, on the right product, at the right time. As important as it is for retailers to keep their finger on the pulse, they also need to ensure their backend and front-end systems work in a symbiotic way to achieve overall success.

article thumbnail

Stop: Your Customer Journey isn’t Benefitting Your Customer

Retail TouchPoints

That said, there is still substantial untapped opportunity within ecommerce, and one of the biggest barriers to online shopping is completely in control of the retailers themselves. When looking at today’s global ecommerce numbers, that is billions of potential sales dollars lost simply because of one inconvenience to the customer.

article thumbnail

Secrets to Successful Alcohol Delivery: How to Minimize Risk and Protect Your Business

Retail TouchPoints

In recent years, alcohol ecommerce surged throughout the U.S. Between 2023 and 2027, ecommerce alcohol sales revenue in the U.S. is forecast to continuously increase by nearly 21%, with 2027 total revenue expected to reach $20.48 Between 2023 and 2027, ecommerce alcohol sales revenue in the U.S.

Marketing 147
article thumbnail

The Future of Ecommerce Demands a Better Understanding of Online Consumer Journeys

Retail TouchPoints

Global ecommerce rose from 15% of total retail sales in 2019 to 21% in 2021. It now sits at an estimated 22% of all sales, according to a 2022 Morgan Stanley global ecommerce forecast report , which notes that “Over the long term, the ecommerce market has plenty of room to grow and could increase from $3.3

Consumer 302
article thumbnail

Prime Day 2021: Luggage and Home Improvement Soar During an Overall Modest Event

Retail TouchPoints

Overall ecommerce spending fell 1% compared to Prime Day 2020, according to data from Salesforce. However, third-party Amazon sellers and certain retail categories achieved their own success stories, and advertising cost-per-click (CPC) didn’t spike much despite a significant increase in spend across the event. billion in sales.