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Retail TouchPoints Announces Winners of 2020 Retail Innovator Awards

Retail TouchPoints

As part of the virtual Retail Innovation Conference, Retail TouchPoints presented the winners of the 2020 Retail Innovator Awards (RIA) last night on a livestream celebration across its social platforms. Then they can tap “Bring it to me,” which uses indoor beacons to inform the store associate about where the customer is within the store.

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Consumers Turn to BNPL, BOPIS to Cope with Rising Prices and Supply Chain Uncertainty

Retail TouchPoints

online holiday sales anticipated to increase 10% YoY, hitting $207 billion in the period from Nov. toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. 31, 2021. “We’re

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Covid fast-tracked e-commerce by five years. Here’s how to catch up

Inside Retail

As a result, the industry unlocked and fulfilled five years of online retail growth in just six months through a patchwork of band-aids and gut-led experiments – effectively realising 2025 sales levels in 2020. per cent points in the five years to October 2020, reaching about 9.8 Digital payment. It reached 22.8

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How Smaller Assortments, Lower Inventory Levels Can Maximize Post-COVID Success

Retail TouchPoints

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. Richard Maicki. Keith Jelinek.

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The Benefits & Cons of Selling on Amazon, 10 Factors to Consider

Indigo 9 Digital

Nike is an example of a high-profile retailer that decided to stop selling on Amazon in 2019. If you are struggling with whether to sell on Amazon or if you already sell on Amazon and are wondering if you should stay on the platform then consider these 10 factors to help inform if whether Amazon is the platform for you.

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These Were the Top 10 Retail Stories of 2021

VMS

Effective in the third quarter, Andy Jassy, formerly CEO of Amazon Web Services, stepped up to replace Bezos. Of course, automated distribution and extended delivery services are fine, but what’s actually getting delivered? It even invested in DroneUp, a drone services and data collection service. The Chain Is Breaking.

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5 Trends Driving the Future of Ecommerce Innovation

Retail TouchPoints

The pandemic has made omnichannel a business imperative for merchants of all sizes. After all, omnichannel shoppers spend 10% more online and have a 30% higher lifetime value than single-channel customers, according to Matt Dornfeld, Director of Business Development – Global Omnichannel Partnerships, BigCommerce. Access Now.