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These Were the Top Retail Stories of 2022

VMS

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. In the Covid years of 2020 and 2021, it had closed a great number of stores to improve profitability. Happy New Year. INFLATION ON. YOUR MIND. BEYOND AWFUL.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Major retailers survived 2020 by transforming how they got their products into customers’ hands. Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. Lower shipping costs.

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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

According to Digital Commerce 360 , American consumer online spending in 2020 increased 44% to $861 billion. Retail AI identifies the fulfillment options that balance customer satisfaction with the cost of shipping and handling by accounting for inventory levels, transportation costs, and other factors, in real-time.

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Jason & Scot Show Episode 301 Annual Predictions 2023, Year-End Recap, NRF Big Show

Retail Geek

Jason: [35:26] Yeah so I’ll give you a yes for that I do think a lot of the instant delivery companies like pulled out of markets or flat went out of business or left the US in 2020 so I think that’s fair. billion you check this close and I do so I’m gonna have you self-regulate this one.