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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.”. In addition, mall operators are being asked to convert empty commercial space into mini-fulfillment centers for retail tenants. But let’s be real here. But the post must go on.

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Rethinking Retail Fulfillment – the key to Navigating a Post-Brexit Supply Chain

Retail TouchPoints

December 31, 2020 marked the end of the Brexit transition period, and whilst many took a sigh of relief, in reality the Brexit effect had only just begun. Many retailers are already experiencing increased tariffs and supply chain snags , putting customer satisfaction at jeopardy. Multi-node fulfilment offers additional benefits.

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Supply Chain Digitalization Challenges that Every Retailer Faces and how to Mitigate Them

Retail TouchPoints

The cost and time of integrating supply chain management platforms with other IT systems are often very high. Moreover, multi-tiered supply chains across the globe involve multiple stakeholders using different systems, legacy solutions and even paper-based documentation, which creates more barriers.

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Lowe’s To Deploy BOPIS Pickup Lockers Chainwide By Early 2021

Retail TouchPoints

Shoppers can access their items using a one-time barcode within an automated email notification sent after an associate fulfills their order. in Q2 2020, with digital sales up 135% during the second quarter. “With more than 60%. Philadelphia and in New York, New Jersey and Connecticut. . “With more than 60%.

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How to Win in the Real-Time Holiday Retail Era

Retail TouchPoints

Holiday shopping season is upon us. Last year, COVID-19 lockdowns that restricted shopping at brick-and-mortar stores sent shoppers online. Americans spent more money online during the 2020 holiday season than previously, with revenues growing 32% year-over-year and exceeding $188.2 Embrace the Need for Speed .

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Food shortages are different this time: how to respond and avoid panic

Inside Retail

In 2020 and 2021, empty shelves were due to spikes in demand, as shoppers responded to lockdowns by buying more toilet paper, pasta and other consumables. This disrupted the usual rhythms of predictable supply chains. Apart from the first wave in March 2020, shortages were localised. A self-fulfilling crisis.

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How Hydragun aims to ride the wellness wave to reach 1 million households

Inside Retail

Expanding reach Since launching in Singapore in 2020, Hydragun is now expanding into markets that are more developed in terms of the fitness, health and wellness category, namely Hong Kong, South Korea and Australia. He said the platform will be key in helping Hydragun achieve its goal of reaching 1 million households by 2025.