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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.

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

Retail TouchPoints

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. For their part, 32% of Gen X and 12% of Baby Boomers said they’ll spend more compared to last year.). Stressed Consumers Spread Out Spending with BNPL.

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Consumer Surveys Confirm: COVID-19 Shaking Traditional Retailer And Brand Loyalties

Retail TouchPoints

However, other potentially even more significant trendlines show fundamental changes in consumers’ decision-making process related to picking brands and demonstrating customer loyalty. Several studies have documented a dramatic shift in spending from physical stores to online. For example, McKinsey & Company’s latest U.S.

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Dollar General promotes 18 executives

Mass Relators

Throughout her 12-year tenure at DG, Allen has led the Company’s strategy to attract and retain talent across her numerous HR roles, including organizational development, talent acquisition, corporate HR and retail HR. She also led NMG’s supply chain transformation strategy to modernize its omnichannel distribution and fulfillment network.

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Has retail seen its watershed moment?

365 Retail

2020 was a year like no other, and the shockwaves caused by the pandemic have inherently altered consumer-facing operations at their very core. In fact, recent figures showed that footfall in physical stores dropped by a whopping 50% in comparison to the same figures for 2019. A permanent shift or a temporary trend?

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Singles’ Day Broke Sales Records Again, but That’s Not the Whole Story

Retail TouchPoints

billion in 2020, and total sales across all platforms (including Alibaba rival JD.com ) for the 11-day campaign topped $139 billion. as a platform to fulfill our social responsibility. sales, which featured 500,000 products with official “Green Product Certification” from more than 2,000 merchants. The 13 th annual 11.11

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Grocers need a long-term, scalable e-commerce platform

Mass Relators

E-commerce grocery sales were modest and rising slowly as 2020 started. billion in revenue in 2020, and another $116.45 billion in revenue in 2020, and another $116.45 merchants, up 14.2% billion in 2020, according to Digital Commerce 360. Consumers flocked online for essential purchases, adding $102.08

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