Retail TouchPoints

JULY 26, 2022

With rising gas prices, food shortages, skyrocketing interest rates and ever-present inflation, consumers are worried and that means retailers are worried, too. We’re already seeing online shopping demand level off , with consumers finding a new balance between digital and physical channels.

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Retail TouchPoints

JULY 13, 2021

Nothing about 2020 was normal — in fact, for many retailers, the phrase ‘hindsight is 2020’ is one they should reconsider using. . But what does this mean for 2021? Tracking location data along with customer data can help stores better prepare for 2021. Location, Location, Location.

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Retail TouchPoints

FEBRUARY 4, 2022

For the first time the tech giant broke out revenue from its advertising business (more than $31 billion in 2021 — see, you’re impressed) and announced that it will be raising the annual fee for its Prime subscription for the first time since 2018, from $119 a year to $139 a year. billion in Q4 2021, up 98.6% billion in Q4 2020 to $10.3

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Retail TouchPoints

MARCH 2, 2021

It was the kind of “-geddon” that could be seen coming from a mile away — a perfect storm combining an ecommerce boom; retailers, fulfillment centers and shipping providers that were already stretched thin by a global pandemic; and the historically hectic holiday season looming. More Online Sales Means More Returns. Retailers across the U.S.

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Retail TouchPoints

NOVEMBER 9, 2021

Labor shortages, stressed supply chains and a major emphasis on ecommerce have turned fulfillment into one of the biggest challenges retailers will face in the 2021 holiday season. Data also can help retailers make the most of whatever inventory they already have in warehouses as shipping capacity becomes more limited during the busy season.

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Fulfillment Drop-Shipping Shipping Consumer 280

Inside Retail

OCTOBER 28, 2022

Amazon on Thursday forecast a slowdown in sales growth for the holiday season, disappointing Wall Street and warning that inflation-wary consumers and businesses had less money to spend. Prior holiday quarter sales growth was 9 per cent in 2021 and 38 per cent in 2020. US consumer confidence did a U-turn in October.

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Retail TouchPoints

NOVEMBER 30, 2020

The 2020 ecommerce holiday shopping and shipping season is expected to eclipse years past. Regardless, these communications will be crucial to whether holiday customers return throughout 2021. Consumer Expectations are Higher. Nine out of 10 consumers expect proactive updates on the progress of their packages.

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Retail TouchPoints

MAY 18, 2022

However, shares dropped 11.38% to $131.35 following the results’ release on May 17 and continued dropping the morning of May 18, hitting $125.51. “We’re And we will work with our vendor partners from sourcing to production to shipping.”. The home improvement space has held strong since the start of the pandemic in 2020.

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Retail TouchPoints

MARCH 3, 2022

billion on Cyber Monday 2020 , while Singles Day in November 2021 in China drove $139 billion in sales for two of that country’s major online shopping platforms. That includes frictionless payments and checkout and fast shipping options. Consider that in the U.S., ecommerce merchants pulled in $10.8 ATO fraud against U.S.

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Inside Retail

NOVEMBER 9, 2022

Launched in 2020 with a glass soap bottle that can be refilled using dissolvable hand-wash tablets, Single Use Ain’t Sexyhas grown rapidly in the years following. Not only is this better for the environment, but also it saves on product and shipping costs,” Howard said. Single Use Ain’t Sexy: making soap more sustainable.

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Retail TouchPoints

OCTOBER 21, 2021

In the world of ecommerce, Google is a bit of an anomaly: while a relatively minor player in the marketplace landscape compared to giants like Amazon and eBay , it is at the same time central to the shopping journeys of millions of consumers every day. That’s a drop in the bucket compared to Amazon’s 1.7

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Retail TouchPoints

DECEMBER 6, 2021

This removes the cost and complexity of shipping furniture pieces for photoshoots, which is particularly difficult right now due to supply chain issues, as well as the difficulty of getting all the necessary staff in the same place at the same time. Creating the virtual showrooms was a fairly intuitive process.

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Retail Focus

APRIL 7, 2022

For many independent retailers in the UK, 2020 hid a lot of the post-Brexit trading cracks as their domestic sales skyrocketed during periods of lockdown when consumers were forced to stay at home and took to shopping more online. There are rules in place as part of EU trade deals that allow you to recover customs costs – tariff free.

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Retail TouchPoints

SEPTEMBER 22, 2022

Both 2020 and 2021 each had their own clear themes and pressures, and this holiday season will be defined by trying to understand what has changed. “ It’s really the tale of two years ,” said Matt Kramer, National Sector Leader, Consumer and Retail for KPMG US. as an outlier.

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Retail TouchPoints

NOVEMBER 3, 2020

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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Independent Retailer

DECEMBER 27, 2022

After the pandemic-driven surge in consumer demand that triggered a frenzy of shipping activity and skyrocketing prices, logistics and transportation companies are signaling a fast slowdown. Shipping and wholesale prices are plunging and orders are not being placed as often. . Disruptions in the Container Shipping Industry.

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Retalon

APRIL 21, 2021

Consumer expectations have evolved in the digital age, and retailers are now offering a multitude of flexible order delivery methods such as “Buy online, pick up in-store”, “curbside pickup”, “order in store, deliver home” and more. So how can retailers offer these options to consumers while lowering their costs?

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Retail TouchPoints

SEPTEMBER 9, 2020

Consumers stuck at home have had the time to thin out their wardrobes and make room in the garage — along with strong financial incentives to turn their possessions into cash. According to thredUP ’s 2020 Resale Report , “online thrifting is a bright spot in the broader COVID retail slump.

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Indigo 9 Digital

MARCH 9, 2023

By Tricia McKinnon 2020 is the year when the eCommerce narrative shifted in a major way. Walmart’s US eCommerce sales were up 79% in 2020 and were up 11.0% in 2021 on the back of strong growth in the prior year. Consumers love shopping online but what they really want is control. More than 1.7 Take a look at Target.

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Inside Retail

NOVEMBER 18, 2021

Before 2020, when travel was easy and diplomatic relations were cordial, I placed great emphasis on the need to build trusted relationships on the ground in China as the foundation of a successful market entry strategy. per cent in 2021 and domestic consumption set to double in the next 10 years. trillion, and the US$5.6

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Inside Retail

MARCH 15, 2023

Increases in cost of shipping both for raw materials inbound to Brazil plus outbound finished goods to our markets were a big factor for some of 2021 and much of 2022, but things have mostly normalised now,” he added. As shipping rates reduce it is important for businesses to have a dynamic view on their costs,” he elaborated.

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Mass Relators

FEBRUARY 9, 2022

“We’re not going to see the dramatic growth in imports we saw this time last year, but the fact that volumes aren’t falling is a clear sign of continued consumer demand,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. from the volume of imports that moved through the ports in the first half of 2021.

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Rangeme

APRIL 8, 2021

Welcome to consumer technology in the age of COVID, where tech gadgets of all kinds became an essential part of the way we lived, worked, learned, entertained and pretty much performed every other activity during 2020. Wellness has taken consumers way beyond Bluetooth headsets and fitness trackers. Take sleep, as an example.

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Retail Geek

DECEMBER 21, 2021

Episode 283 is a recap the most significant changes to the retail industry in 2021. It’s our final show of 2021! We do a deep dive into the retail industries growth from 2019 through November 2021. We do a deep dive into the retail industries growth from 2019 through November 2021. PDF Download). Transcript.

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Retail Geek

JANUARY 22, 2021

Episode 251 is our annual predictions episode for 2021 and a recap of our 2020 predictions. 2020 Recap – Predictions made on episode 204. 2020 Predictions Recap. 5% of retail in 2019, could be 8-10% in 2020 (as measured by IRI, for CPG private label). 2021 Predictions. Owned brands continue to grow.

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Payment Services Drop-Shipping Merchant Services Returns 73

VMS

APRIL 7, 2021

(PRESS RELEASE) WASHINGTON – The unprecedented surge of imports at retail container ports that began last summer is expected to continue at least through the end of this summer as retailers work to meet increased consumer demand, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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Mass Relators

APRIL 22, 2021

The program allows consumers who sign up to collect flexible plastic packaging (bags, pouches, liners, and wraps) from Kroger’s Our Brands in any available box. When the box is full, they ship it to TerraCycle using the free prepaid shipping label available in their account on the program page. Kroger’s 2020 ESG Report.

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Retail Geek

OCTOBER 4, 2021

Episode 276 is a Recap of GroceryShop 2021, new woes for Amazon FBA sellers, and industry news. Holiday 2021 will be one of the most uncertain holiday events in modern retail history. Episode 277 of the Jason & Scot show was recorded on Sunday October 3rd, 2021. A weekly podcast with the latest e-commerce news and events.

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Inside Retail

JANUARY 20, 2022

Australasian division president, Richard Wormald said: “The research suggests that consumers are increasingly expecting organisations to promote sustainable initiatives. Australian businesses must take action to reflect these expectations if they hope to continue to engage with these consumers. Food focus.

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Retail Insider

MAY 25, 2021

The Retail Insider 2021 Transforming Retail Awards is now open for entries. Also in the mix was Entrupy, a tech-driven way of authenticating luxury goods which prevents fraud by taking a microscopic image and comparing it to a database of millions of images with a 99% accuracy rate and the drop-shipping platform Avasam.

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VMS

NOVEMBER 14, 2022

While consumers are still buying more, Hackett Associates Founder Ben Hackett said demand has fallen from peak consumption during the height of the pandemic. “We Carriers have begun to pull services and are looking at laying up ships.”. from September 2021. December is expected to drop to 1.9 million TEU in June 2020.

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Rangeme

JUNE 28, 2021

The pandemic was a preview of that, with pet care sales worldwide soaring by almost 9% in 2020, especially in certain categories: pet food sales grew 8%; accessories by 10%; and beauty and grooming categories increasing the most by 11%. Yes, I’m guilty; guilty; and guilty again.). Prescriptions, too. Pet premiumization.

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Retail Bound

MAY 22, 2022

According to the Bureau of Labor Statistics, retail establishments in the United States in Q3 2020 were 1,045,422, up 4,801 over the previous quarter — the highest Q3 retail establishment count in the last decade. Covid forced consumers to adopt to eCommerce, and eCommerce forced stores to adapt to it.

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Retail Geek

JANUARY 21, 2022

Episode 285 is a deep dive into the data from 2021 and holiday 2021. The US Dept of Commerce December Advanced Retail Sales Data is out, which gives us a full look at 2021 and the 2021 holiday season. So Episode 285 is a data deepdive into 2021. So Episode 285 is a data deepdive into 2021.

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Retail Minded

AUGUST 27, 2022

Locked down consumers, desperate for a. Locked down consumers, desperate for a. Stockouts were disastrous for retailers during the pandemic – up by 250% (Adobe, 2021) – and with 37% of consumers saying they’d simply shop elsewhere if they couldn’t find what. in 2021 from 10.6% considerably. The result?

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365 Retail

NOVEMBER 4, 2021

The supermarket’s general merchandise sales also dropped 8% in the second quarter, as it came up against a tough quarter a year ago when demand was boosted amid pandemic restrictions. The supermarket boss told reporters that the group also chartered its own ships to help reduce potential disruption to some imports.

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Independent Retailer

SEPTEMBER 5, 2022

Locked down consumers, desperate for a distraction, scrambled for everything from at-home fitness equipment and gaming consoles to gazebos and scatter cushions — and warehouses were cleared of stock as supply chains buckled under the extraordinary pressure. Even returns are up, reaching 17 percent in 2021 from 11 percent in 2020.

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