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

Retail TouchPoints

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce.

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What do Today’s Consumers Really Want? #RIC21 Day One Answers the Question

Retail TouchPoints

It’s the question every retailer wants the answer to: what do consumers (and more specifically, those likely to buy their products) really want? The day kicked off with a keynote presentation by Jeff Orschell, EY Americas Practice Leader: “Bottom line for retailers is that change is still happening, consumer behavior is still changing.

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Retail Sales Grew 3% Over Extended Holiday Purchase Period — And the Season Isn’t Over Yet

Retail TouchPoints

Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. 11 through Dec. 24, 2020), or 2.4% However, the larger story of holiday 2020 is still being written. 3 shopping day in 2019.

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As Meta Flounders, Amazon and Google Prove it’s All About the Advertising

Retail TouchPoints

But while Meta has its sights set on a virtual future, Amazon’s attention is squarely focused on the real world, and the results are tangible: Amazon has doubled its workforce since the start of 2020, from close to 800,000 employees to more than 1.6 billion in Q4 2020 to $10.3 billion in Q4 2021, up 98.6% Since 2018 in the U.S.,

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Salesforce’s Top 5 Predictions for Holiday 2022

Retail TouchPoints

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. We also can’t ignore inflationary pressures.

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Jason & Scot Show Episode 250 – Recap of Holiday 2020

Retail Geek

This week we recap the commerce results for Holiday 2020 (including the data sources you can use to get a read for yourself), give an update on #shipageddon, and cover some industry news. 2019 2020 YoY %Ch Stores $864.69 $822.79 -4.8% Scot: [0:54] 2020 one here get you out of the. Online $140.28 $190.47

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Fashion rental is back: Designerex looks to raise funds as demand surges

Inside Retail

While the platform’s revenue plunged to almost zero in 2020 due to weddings and other events being cancelled, demand has surged back in recent months, and transaction levels this month are almost triple what they were in March 2019. Post-Covid, the opportunity for the circular economy is huge. The opportunity is endless for us.”.

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