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Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

Is that even possible coming out of a year like 2020? One futurist we know said, “2020 was so weird I didn’t even get a chance to be wrong.”. Next is Corporate Social Responsibility (CSR), which was getting mindshare, if not budget, well before 2020. But let’s be real here. But the post must go on.

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RFID Journal Award Honors Brazilian Cosmetics Retailer Grupo Boticário

Retail TouchPoints

The recognition is in honor of an RFID solution Grupo Boticário deployed to boost traceability and address other challenges in its supply chain. 2020 conference and exhibition, were sponsored by the RFID Professional Institute. The RFID Journal Awards, which were announced last week during the RFID Journal Virtually LIVE!

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“20,000 stores in China by 2026 is the target” – Joey Wat, Yum China’s CEO

Inside Retail

From 2020 to the first half of 2023, the company added 4402 new stores in China and raked in an operating profit of $3.6 The digital factor According to Wat, customers now enter 90 per cent of their orders digitally, while off-premise consumption, which is a combination of delivery and takeaway, accounts for over 60 per cent of sales.

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“20,000 stores in China by 2026 is the target” : Joey Wat, Yum China’s CEO

Inside Retail

From 2020 to the first half of 2023, the company added 4,402 new stores in China, and raked in an operating profit of $3.6 The digital factor According to Wat, customers now enter 90 per cent of their orders digitally, while off-premise consumption, which is a combination of delivery and takeaway, accounts for over 60 per cent of sales.

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6 Retail Shipping Trends to Watch in 2020

Retail Next

The rise of e-commerce has encouraged businesses to rethink how they communicate with consumers and manage their supply chains. Here are some of the most significant retail shipping trends to look for in 2020. These strategies have major potential for transportation management systems. Same- or Next-Day Delivery.

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Tackling the Growing Problem of Fashion Returns Earlier in the Supply Chain

Retail TouchPoints

According to Canada Post , 46% of shoppers made a return in 2020, compared to only 37% in 2019, which equates to nearly $430 billion worth of merchandise winding back into warehouses. When supply chains are fragmented and managed manually, the stress on them can create gaps in critical production details from sizing to quality.

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Why a Robust Supplier Diversification Program Matters

Retail TouchPoints

for instance, ended 2020 with 8% of its North American spend attributed to diverse suppliers, and has increased its supplier diversity goals every year for the past 40 years. 30% of the full-time supply chain workforce are people of color, but only 9% of supply chain VPs are people of color. Kellogg Co.,