Remove Consumer Remove Fulfillment Remove Marketing Remove Merchandise Store
article thumbnail

What the metaverse means for retail and consumer goods

Inside Retail

It seems like every day a new piece of content is published about the metaverse that defines the metaverse, projects its market size, and offers frameworks for conceptual understanding. At Microsoft, we break down the metaverse i nto three strategies: consumer, enterprise, and industrial. Consumer metaverse. NFTs and Loyalty.

Consumer 263
article thumbnail

Getting to Grips with Gen Z

Retail TouchPoints

Gen Z consumers are neither easy to define nor predictable in their shopping habits. The consumer cohort born between 1996 or 1997 and 2010 and 2020 (there is no complete agreement here) is hard to read and reach because they are a product of the world they have been born into, one where change is constant, frequent and often unexpected.

Consumer 236
Insiders

Sign Up for our Newsletter

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

article thumbnail

Can Nearshoring Prevent the Next Supply Chain Crisis?

Retail TouchPoints

Retail TouchPoints (RTP): How are the increasing demands for fast fulfillment affecting supply chains? In general, when you’re trying to speed up delivery and still provide a wide assortment of products, that puts the burden largely on inventory, and getting that inventory positioned close to the end consumer.

Returns 293
article thumbnail

Challenges Faced by Emerging Brands in the Retail Industry

Retail TouchPoints

This accessibility has historically allowed emerging brands to scale their businesses, gain widespread distribution and seamlessly find their way into consumers’ hands. As a result, many have had to slow down their production, marketing and distribution efforts and focus instead on safeguarding their financial stability.

Marketing 230
article thumbnail

Challenges Faced by Emerging Brands in the Retail Industry

Retail TouchPoints

This accessibility has historically allowed emerging brands to scale their businesses, gain widespread distribution and seamlessly find their way into consumers’ hands. As a result, many have had to slow down their production, marketing and distribution efforts and focus instead on safeguarding their financial stability.

Marketing 224
article thumbnail

How Retail Tech Solutions Address Stadium Concessions Gripes

Retail TouchPoints

Through AI and other technologies, customers in grocery stores, clothing outlets and other convenience-style shops no longer need to wait in line to check out. consumers ages 15-69 anticipate going to a show in 2024, a jump from the 36% who attended one in 2023. And it’s not just helping consumers.

Checkout 230
article thumbnail

Q1 Results: Walmart, Target Lean on Groceries as Discretionary Spending Declines in Early 2023

Retail TouchPoints

We’re seeing in these economic indicators that there is some strain on the consumer, but the resilience has surprised us,” said John David Rainey, CFO at Walmart in an interview with CNBC. One area where Target made significant progress was cutting back on excess merchandise. Comparable digital sales fell 3.4%