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How Touchland Uses Data to Drive Brand Expansion

Retail TouchPoints

In 2019, Touchland closed deals with notable retail partners like Urban Outfitters , Bloomingdale’s and Neiman Marcus. Within 12 months of implementing NetSuite, Touchland was in 4,000 retail store doors and growing at triple digits, even as sales within the hand sanitizer category decreased by 6%.

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Microsoft Takes Aim at Google, Amazon with Plans to Build ‘Omnichannel Retail Media Platform’

Retail TouchPoints

Microsoft is gearing up to take a bigger piece of the growing retail media pie with the debut of a suite of new capabilities through its PromoteIQ marketing platform, which the company acquired in 2019. alone by 2024, accounting for 20% of total digital ad spend, according to Insider Intelligence.

Insiders

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Alibaba Shares Up Following Historic Antitrust Fine of $2.75B

Retail TouchPoints

billion ) for monopolistic practices, after finding that the site had been “abusing market dominance” for several years by preventing its sellers from using other competitive platforms. The penalty amount was determined by applying a 4% rate to Alibaba’s 2019 domestic revenues.

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Coffee and home delivery: How food-service spending is changing in Apac

Inside Retail

Apac’s food-service spending surpassed pre-Covid levels in 2024, as revenues grew 12 per cent to more than US$1.2 In transaction volumes, the market experienced 10 per cent growth in 2023, outpacing the rate of new outlets opening, which remained at 3 per cent growth. trillion in 2023.

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Buy now pay later: What’s retailers’ responsibility?

Inside Retail

And it’s a powerful driver with ASX-listed BNPL providers processing about $10 billion worth of purchases in Australia and New Zealand, during 2019/20, according to the RBA. ASIC’s consumer research indicates 21 per cent of BNPL users missed a payment in the past 12 months. Nearly half were between 18 and 29.

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Sainsbury’s growth spurt continues as grocery inflation falls at slower rate

Retail Gazette

Sainsbury’s scooped up even more market share as sales soared, the latest Kantar figures show. in the 12 weeks to 21 January, accounting for 15.7% of the total market, up 0.3% The market research company also found grocery sales were up 2.9% The supermarket’s revenues surged 8.1% on last year.

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US mall giant Simon’s latest results reveal four issues facing the sector

Inside Retail

Leasing revenue accounted for more than 90 per cent of the total, at us$1.25 per cent and retailer sales per square metre for the trailing 12 months were US$8,166, up 3.3 per cent from the preceding 12-month period. per cent in all of 2019 and 18.6 First-quarter revenues came in at US$1.35 billion ($2.03 billion), up 4.2