Retail TouchPoints

JULY 7, 2020

Pier 1, which operated approximately 940 stores at the beginning of 2020, filed for Chapter 11 bankruptcy protection in February. In May the retailer announced plans to liquidate its brick-and-mortar store holdings after abandoning efforts to emerge from bankruptcy as a viable business.

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Retail TouchPoints

JUNE 15, 2020

The Children’s Place plans to close 200 stores in 2020 and another 100 stores in 2021, the retailer revealed in announcing its Q1 2020 results. The children’s specialty apparel retailer currently operates 920 stores as well as an e-Commerce business representing 31% of its revenue.

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Retail TouchPoints

SEPTEMBER 28, 2020

Seasonal hiring provides a window into retailers’ priorities, and 2020 demonstrates both the COVID-19-powered growth in ecommerce and the need to operate stores and supply chains safely. More and more, retailers’ last-mile efforts are tied in with shipping and delivery companies. The rescheduled Prime Day, set for Oct.

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Retail TouchPoints

SEPTEMBER 29, 2020

Retailers seeking guidance as they look ahead to an uncertain Q4 will find plenty of solid, practical advice in the 2020 Retail Strategy and Planning series of webinars, now available on-demand. Prime Day and the Last Mile Will Shape Holiday 2020. Market at Samsung Electronics America Display Division. “We

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Retail TouchPoints

NOVEMBER 18, 2021

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 billion for the first time, according to Adobe Analytics.

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Retail TouchPoints

OCTOBER 14, 2020

They also provide an answer to some of the challenges created by the pandemic, as executives from Woodman’s Markets and Badger Technologies discussed during a session titled The Rise Of Robotics In Retail at the 2020 Retail Innovation Conference. The robots also can improve merchandising.

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Retail TouchPoints

OCTOBER 12, 2021

Now the retailer is ready to resume rolling out more enhanced brick-and-mortar locations, starting with recent store openings in Paramus, N.J. Over the next seven to eight years , the retailer plans to refresh its entire fleet of 850 stores. and Sherman Oaks, Calif. RTP: The pandemic was a boon to craft retailers like JOANN.

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Retail TouchPoints

NOVEMBER 17, 2021

Being able to let customers know which items are available in-stock in stores, which items are available for buy online, pick up in-store, which items can be shipped from a store — being able to serve up these types of opportunities to our customers is really key for us. ”. Hoyler noted that: 94% of U.S.

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Retail TouchPoints

FEBRUARY 24, 2021

Spanish fashion retailer Encuentro Moda is deploying a radio frequency identification solution across its 125 stores, both to meet omnichannel requirements and to gain visibility into the stock availability at each store and throughout the supply chain. The rollout was completed in October 2020. Adding Real-Time Inventory Data.

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Retail TouchPoints

AUGUST 16, 2021

market saw over $400B in returns in 2020. This was rendered possible as retailers and brands offered low-cost shipping, unlimited holding periods and easy returns. His question was too often met with silence, evoking that whole ‘a goal without a plan is just a wish’ maxim. whenever one of us brought up some amazing new idea.

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Retalon

SEPTEMBER 22, 2021

Buy Online, Pickup In-Store (BOPIS) retail strategies offer enormous upside for retailers and customers alike. Major retailers survived 2020 by transforming how they got their products into customers’ hands. Adopting BOPIS can be challenging so we’ll explain how you can successfully merge your online and physical store operations.

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Fulfillment Payment Services Inventory Management Shipping 41

Retail Next

JULY 16, 2020

We continue to see that CVR & Shopper Yield are impacted by factors such as only shoppers who are motivated to buy visiting stores, and the increase in services such as ship from store, buy online pickup in store (BOPIS), curbside pickup, etc. EMEA SHOWING STRONGER SIGNS OF LIFE.

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Retail Next

APRIL 1, 2021

Half shipped, half in store? Ship to store? This could include any one or combination of stores, catalogs, social media, the phone, online. Allbirds (via Shopify), to highlight one retailer, offers pick up in store and fulfills orders via ship from store. . They are in control. CONCLUSION.

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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. Retailers across the U.S. This is the time for retailers.

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Retail TouchPoints

DECEMBER 8, 2022

The stress of the pandemic sparked a surge in the wine, beer and spirits market: a 2020 RAND Corporation study found that alcohol consumption among adults 30 and older increased by 14%. However, beginning in late 2020, many people started to re-evaluate their habits and explore no- and low-alcohol (NA) beverage options.

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Retail TouchPoints

NOVEMBER 3, 2020

In terms of overall sales, I’ve seen predictions for 2020 ranging from flat with 2019 to a 2% to 3% increase. When retailers don’t have to buy as much, they don’t have to plan for the markdowns and large promotions that Richard described. The worst thing you can do is take the order and not be able to ship it. Richard Maicki.

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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. “ Retailers are planning to cut back in one area: marketing. Companies plan to spend 30% of their marketing budget during the holidays, down from 36% in 2021.

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Retail TouchPoints

NOVEMBER 19, 2021

Target is preparing for the future, as well as fighting current last mile woes, by fulfilling more and more orders from its stores. Victoria’s Secret’s first post-spinoff quarter was promising: sales rose 7% compared to Q3 2020, though they fell 9% compared to Q3 2019 due to the closure of 260 locations. 17, according to CNBC.

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Retail TouchPoints

FEBRUARY 2, 2021

billion USD ) in Q3 2020, a period that included the annual Singles’ Day online shopping bonanza, generating a year-over-year increase of 37%. Singles’ Day — was extended beyond a single day for the first time in 2020, running for 11 days from Nov.1 Alibaba Group recorded revenue of RMB 221 billion ( $33.9 The 12th annual 11.11

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Retail Geek

JANUARY 6, 2023

Rationalizing the stores there was way too much discount so there’s a lot of work to do, but I got really excited about the opportunity and wound up agreeing to stay on as exact chair in January 2020. But you know just quickly on ModCloth I’ll say that you know we were able to quickly come in. [14:32]

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Retail TouchPoints

OCTOBER 20, 2021

20, revealed that out-of-stock product messages have jumped 172% this holiday season compared to the pre-pandemic period (January 2020). Earlier investments in synchronized planning and intelligent supply chains that are more heavily weighted to domestic manufacturers are now paying off for these companies, he added.

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Retail Geek

MARCH 31, 2021

Jason: [0:48] I know this was a bad week to plan a vacation in the canal. Jason: [2:07] Yeah and the plan B is not ideal it’s a so long way around. And I’m going to quote here the Amazon threat is overstated Macy’s nearly 800 stores offer a huge advantage over Amazon. Jason: [30:11] The shipper chip again.

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