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Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Amazon has named 17-year company veteran Doug Herrington to the renamed role of CEO of Worldwide Amazon Stores, filling the position left vacant by former CEO of the Worldwide Consumer Dave Clark. Since 2015, Herrington has served as Amazon’s SVP of the North America Consumer.

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What to do when waste-conscious consumers expect action

Inside Retail

At least two significant forces are reshaping how and where consumers shop and their expectations of brands. At the intersection of these sits the circular economy, an antidote to consumption and waste. Encouragingly, consumers are ready to increase participation in the circular economy. Circular initiatives in action.

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First Quarter Feedback for Grocery Retail: Insights from the Start of 2021

Retail TouchPoints

Despite early struggles by traditional grocery retailers to meet the surge in demand for online goods and services, the imprint on consumers of ecommerce as a source for grocery products is now permanent. Promotions are a Priority for Shoppers. It’s entirely understandable that retailers and brands cut back on promotions in 2020.

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Sensory Enabling Technologies are Radically Reshaping the Future of Digital Retail

Retail TouchPoints

Today, it is possible to stimulate all consumer senses online. Sensory Enabling Technologies (SETs) enable consumers to feel textures, smell and even perceive the taste of a product. Key takeaways: SETs enable brands to craft exemplary customer experiences online by appealing to consumers’ multisensory perception. 74% of U.S.

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First Quarter Feedback for Grocery Retail: Insights from the Start of 2021

Retail TouchPoints

Despite early struggles by traditional grocery retailers to meet the surge in demand for online goods and services, the imprint on consumers of ecommerce as a source for grocery products is now permanent. Promotions are a Priority for Shoppers. It’s entirely understandable that retailers and brands cut back on promotions in 2020.

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Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting). Today Li-Ning is valued at US$7 billion, chasing the top American and German sportswear giants. Chinese sportswear company Li-Ning.

Consumer 130
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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

It’s clear that there is a consumer-driven need for more flexible finance and smarter buying power. . This trend follows changes in the retail sector, which has recently seen a shift toward an omnichannel approach and subsequent changes in how consumers spend. With UK borrowing on credit cards growing at an annual rate of 12.9%

Finance 209