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Adobe: Consumers Will Spend More Online in First 10 Months of 2021 than All of 2019

Retail TouchPoints

Online retailers also are enhancing their ability to get the most out of each transaction: Retailers are getting more people to hit ‘buy,’ with conversion now at 4.1% Shoppers are making larger purchases , with average order value up 13% at $169. As a historical benchmark, from 2015 to 2019, online prices fell 3.9%

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Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux

Inside Retail

The new flagship is scheduled to open to shoppers on Friday, a key debut for a store that accounted for 10 per cent of Tiffany’s global sales before it closed for renovation in 2019. Source: Tiffany & Co Brookfield Properties is spending $400 million to renovate a 39-story office building at 660 Fifth Avenue.

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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015.

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Seeing the Light at the End of the Tunnel

Cisco Retail

The DOCSIS journey went from 1 Mbps to 1 Gbps, with an extension to 10 Gbps. Fiber is starting at 1 Gbps, currently at 10 Gbps, and is headed to 100 Gbps. Let’s take a look at PON from an installer’s viewpoint. We have looked briefly at PON. FTTH = FTTC + Drop Cable. DOCSIS 3.1. While DOCSIS 3.1

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What Brands Can Learn From D2C Trendsetters

Retail TouchPoints

One example of this is Nike, which amplified its 165 million social media followers to grow its D2C commerce revenue, accounting for 33.1% According to psychologist George Miller’s research in 1950s, the optimal number of choices one can process at a single time is seven (plus or minus two). of its total revenue in 2020.

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Plentiful: Innovative technology elevates dignity for those experiencing food insecurity

Cisco Retail

In 2015, a group of nonprofits and government agencies, known as the NYC Food Assistance Collaborative, came together to address inefficiencies and inequities in emergency food distribution across New York City. in the last year, accounting for 44 percent of reservations. People waiting in line for food. Innovation in progress.

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Domino’s Pizza’s Strategy for Staying On Top

Indigo 9 Digital

If you order delivery frequently then you probably have had at least one bad experience. In the fourth quarter of 2022 same store delivery sales at Domino’s were down 6.6%. In the 1980s Domino’s Pizza purchased 10 Tritan Aerocar 2s , a Jetsons like three-wheeler and used them to deliver pizza. Did your driver not show up?