Inside Retail

NOVEMBER 8, 2023

million print books were sold in the US alone in 2020, marking an 8.24 The return of independent bookstores As of 2023, the American Book Association (ABA) has announced a total 2,185 bookstore businesses, 2,599 locations, and over 300 more members than it had in 2019, reaching its highest membership levels in over 20 years.

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Social Commerce Returns Marketing Location 130

Retail TouchPoints

DECEMBER 22, 2021

After a sharp contraction in 2020, luxury is back in business, with Bain & Company forecasting that sales of personal luxury goods will finish out the year 29% higher than last year, at $324.3 Online sales of luxury goods are expected to jump 27% YoY in 2021, and that’s following a 50% YoY increase in 2020, according to Bain. “

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Social Commerce Consumer Shopping Marketing 277

Retail TouchPoints

NOVEMBER 5, 2021

Petco is staying at the forefront of social commerce via multiple live shopping events, produced in partnership with Facebook , that combine fashion, charity and adorable animals. Our goal is to be a leader in innovating and driving the use of social commerce in our category and in the U.S.”. lift in ad recall, a 5.9%

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Social Commerce Shopping Fashion Consumer 279

Inside Retail

MARCH 29, 2022

We are at the forefront of innovation with social commerce, enhanced retailing and emerging retailing. In the last 12 months alone, that customer base’s social commerce spending has risen 50 per cent, from $10/month to $15/month. Indeed, AR and VR have the ability to potentially reduce returns by 31 per cent.

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Social Commerce Shopping Fulfillment Consumer 130

365 Retail

NOVEMBER 1, 2021

With flexibility and convenience now key determining factors for a growing number of shoppers, online shopping is expected to continue revolutionising the e-commerce world in 2021 and beyond. . The proliferation of social commerce. The resurrection of the high street .

Retail Trends 67

Retail Trends Social Commerce Merchant Services Checkout 67

Inside Retail

NOVEMBER 29, 2023

The app plays a key role in increasing overall customer satisfaction within the online fashion retail space, which results in purchases that are significantly less likely to be returned. Returns through the Mys Tyler platform are less than 5 per cent, compared to an industry average of up to 40 per cent, according to the platform.

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Customer Experience Fashion Returns Shipping 130

365 Retail

DECEMBER 21, 2021

This is most notable within grocery, as 35% of UK consumers purchased groceries online in the past month in Q2 2021, compared to 25% in Q1 2020.? . In the post-pandemic period, we saw an immediate reduction in online sales as customers returned to the high street, albeit not to the levels of 2019. first hand.? . consumer survey?we

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Social Commerce Payment Services Consumer Shopping 104

Retail TouchPoints

AUGUST 19, 2021

Eagerness to Return to Stores Means Retailers Need to Tackle Labor Shortages, Stat. “After an unexpected school year in 2020 and a different shopping year, consumers are excited to return to in-person shopping for the back-to-school season, especially the ones who are vaccinated,” Maloney explained.

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ATS Markdowns Consumer Social Commerce 299

Retail TouchPoints

DECEMBER 8, 2020

These shoppers were omnichannel-aligned even before the lockdowns hit, and American Eagle built on this foundation to help online sales reach 45% of its total in 2020. How are you using social commerce and AR to generate an experience that will stand out during the promotion-packed holidays?

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Social Commerce Shopping Promotions Returns 298

Retail TouchPoints

NOVEMBER 16, 2022

It will include the Holiday 2022 Meta Foresight Interactive Report , offering insights from the 2019, 2020 and 2021 holiday seasons across 33 key markets as well as tips on turning new holiday customers into returning shoppers after the season ends.

Merchant Services 278

Merchant Services Finance Advertising Marketing 278

Retail TouchPoints

MAY 12, 2022

Social commerce has quickly grown from a revolutionary idea to a mainstream concept, and the channel is expected to continue expanding to reach $1.2 The foundational lesson is that, while social commerce can be an outgrowth of a retailer’s traditional social media interactions, it’s both more time-sensitive and more time-consuming.

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Social Commerce Shopping Fashion Checkout 306

Inside Retail

AUGUST 14, 2022

E-commerce is convenient but fashion has the highest rate of returns in the format, due to poor fit, and style support is limited. As billions of dollars are invested in reducing e-commerce friction, and as social commerce becomes more shoppable, retail needs to focus on its sustainable competitive advantage – the physical experience.

Fashion 130

Fashion Social Commerce Advertising Shopping 130

Inside Retail

APRIL 13, 2022

So far, most of Una Brands’ acquisitions have been in the home and living category, which benefits from low return rates and levels of regulation and strong demand. Aus Post released a report about two weeks ago, which again showed that home and living was the fastest growing category in 2021, as well as in 2020.

Social Commerce 130

Social Commerce Inventory Management Marketing Brand Management 130

Inside Retail

MAY 2, 2021

Mobile commerce shopping has boomed and is up 45 per cent according to PwC, and there is a clear shift towards social commerce, especially among the younger generations: Statista reports that 48 per cent of consumers aged 18-34 have purchased via social commerce.

Consumer 200

Consumer Social Commerce Shopping Returns 200

Small Biz Trends

JULY 8, 2021

According to a report from the National Retail Federation, the US retail sales in 2020 grew 6.7% trillion to GDP in 2020, reports the US Bureau of Economic Analysis. trillion during 2020 ( NRF ). US retail sales depressed during the first two quarters of 2020 due to COVID-19, but things started to improve with the 3rd quarter.

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Specialty Store Specialty Retailers Social Commerce Advertising 138

Inside Retail

FEBRUARY 27, 2023

From 2020-22, retailers took the opportunity to accelerate their digital transformations. For many, this meant bringing forward investments in e-commerce to sustain a level of sales activity. Sales Mobile commerce has become the norm and social commerce has grown, especially as Gen Z become young adults with their own spending power.

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Payment Services Social Commerce Promotions Department Stores 130

Retail TouchPoints

JANUARY 15, 2021

You’ll want to look at organic sessions, paid sessions, how long people have stayed on your page and the number of new visitors vs. returning visitors. You’ll also want to look at referral traffic to see if you’re getting page views from being featured in any news outlets, blogs or social media posts. Website traffic: More than 4.5

Payment Services 165

Payment Services Promotions Shipping Planning 165

Retail TouchPoints

NOVEMBER 10, 2023

While they are essentially the same thing, many industry experts believe the term “commerce media” offers a more accurate definition of what these new advertising platforms are able to do. For example, Macy’s RMN hit the market in 2020 and was able to generate $105 million in revenue by the next year, 2021.

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Advertising Marketing Social Commerce Consumer 298

Retail TouchPoints

MAY 3, 2022

The average shopper was on a digital device for more than 10 hours per day in 2020, and 60% of adults agreed that the content often wasn’t positive. The key for making the most of marketing on these platforms? Tailor the content to both the audience and the medium.

Marketing 287

Marketing Consumer Advertising Social Commerce 287

Retail TouchPoints

NOVEMBER 16, 2020

To put the 2020 numbers in perspective, Adobe projects that all U.S. Singles Day 2020 also signaled that high-end brands have found a profitable home on China’s giant marketplaces; nearly 200 participated this year. “A Singles Day — which actually began its first phase on Nov. 1 — generated $74.1 billion (U.S.)

Fulfillment 259

Fulfillment Consumer Marketing Shopping 259

Retail TouchPoints

APRIL 13, 2021

In 2020, 56% of retailers added phone and text chat to replicate elements of the in-store experience online. Mystery Ranch launched its AR experience in March 2020, and over the course of the year the retailer saw a 115% increase in desktop conversion rate and a 70% increase in mobile conversation rate. Listen to the session on demand.

Consumer 189

Consumer Payment Services Fulfillment Advertising 189

Retail TouchPoints

NOVEMBER 18, 2020

A lot of these things would have been niche projects in in any other year besides 2020, but some of these are really truly scalable meaningful parts of our business for Q4,” said Brommers. While many shoppers are still reluctant to return to physical stores, they still see the value of (and often miss) the in-store experience.

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Customer Experience Kiosk Clienteling Fulfillment 276

Retail Next

APRIL 1, 2021

While the last years fueled massive improvements in researching, browsing, selecting, purchasing, returning and/or exchanging on mobile devices, tablets and desktops, the current transformation brings more intelligence and continuity to customer experiences with retailers, where the store is a fundamental part of the process. . CONCLUSION.

Visual Merchandising 40

Visual Merchandising Home Furnishings Shipping Fulfillment 40

Retail TouchPoints

FEBRUARY 23, 2021

In pure COVID-19 nature, brands across the retail industry underwent a rapid transition to the digital-first space during 2020; and a lot of first-time online shoppers were activated. This, coupled with the rise of social commerce, has indicated major potential for retailers to adopt social advertising into their marketing mix.

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Advertising Social Commerce Consumer Marketing 297

Retail Geek

OCTOBER 6, 2022

We also discuss the latest news (and controversies) around Facebook and TikTok pulling back from some social commerce initiatives (and pressing forward with others). 31:44] Social commerce still has a bunch of avenues like live streaming does not appear to be a high volume one in the US and then later in the month.

Social Commerce 52

Social Commerce Merchant Services Shopping Promotions 52

Retail TouchPoints

JANUARY 4, 2021

In 2020, the company evolved from e.l.f. Below, Budhraja shares: What 2020 has taught the e.l.f. In November 2020, e.l.f. While we believe the color cosmetics category will return to growth given the major role cosmetics play in consumer self-expression, skincare consumption is currently outpacing color SKUs.

Beauty and Health 264

Beauty and Health Consumer Health & Wellness Marketing 264

Retail TouchPoints

JULY 2, 2021

Following the murder of George Floyd in May 2020, brands and retailers were eager to show solidarity and support. Whilst shoppers have been able to engage with virtual experiences for the past year, shifts online have raised the bar around convenience as shoppers return back to stores. THEME 1: Actualizing Diversity and Inclusivity.

Merchant Services 200

Merchant Services Customer Experience Marketing Consumer 200

Retail Geek

APRIL 7, 2023

We also briefly discuss e-commerce in Brazil, around Jason’s recent trip to São Paulo. In this episode we recap everything you may have missed if you couldn’t make it to Las Vegas. Progression and then this last one that we’ll talk about at the end called platforms. [19:11]

Merchant Services 52

Merchant Services Payment Services Social Commerce Advertising 52

Retail Geek

FEBRUARY 28, 2023

In this episode we cover: Amazon Q4 Earnings Walmart Q4 Earnings US Department of Commerce Q4 e-commerce data Discussion of Temu and other Social Commerce News Don’t forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. percent so. [31:38] Quarter for Best Buy.

Apparel 52

Apparel Drop-Shipping Social Commerce Shipping 52

Retail TouchPoints

APRIL 16, 2021

and UK shoppers between December 2020 and January 2021 — saw a whopping 83% of respondents indicate that convenience was more important to them in online shopping than it was five years ago. However, as with most of the digital trends associated with the pandemic, the demand for simplified shopping experiences accelerated in 2020.

Payment Services 306

Payment Services Returns Consumer Shipping 306

Retail TouchPoints

MARCH 23, 2022

Singles’ Day, also known as Double 11, is now the world’s largest shopping holiday, with advertisers seeing incredible returns. As social commerce becomes increasingly entrenched in mainland China, livestreaming has become a backbone to the influencer and ecommerce economy. Now that this trend is finally reaching the U.S.,

Advertising 264

Advertising Social Commerce Promotions Outdoor 264

Retail Geek

JANUARY 20, 2023

Shopify launches an ad product such as a retail media network Meta/Google/TikTok lose ad share to new social media platforms and retail media networks. E-com returns 10-15% growth rates. 60 billion in total sales and live streaming was likely less than 1% of that 60 billion so I. [40:48]

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping Loss Prevention 52

Retail Geek

MARCH 31, 2021

Given how Shoppers tend to buy the same item in multiple sizes when they order online, Macy’s can use it stores to handle returns which lowers the shipping cost and offers a chance to win some sales while those customers are in there are stores. Scot: [25:35] Everything in China is always like so big to which is fun.

Beauty and Health 59

Beauty and Health Apparel Merchant Services Marketing 59