Retail TouchPoints

JANUARY 15, 2021

But when looking at these numbers, the excess data can feel overwhelming, so we’ve rounded up the most important retail metrics to leverage in 2021. Cost per order: Your cost per order is an important metric because it tells you how much one order costs once advertising, packaging, shipping, etc. Website traffic: More than 4.5

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Retail TouchPoints

NOVEMBER 4, 2021

31, 2021. “We’re toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S.,

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Retail TouchPoints

MARCH 5, 2024

The retailer will still offer its free-to-join Target Circle loyalty program and plans to enhance it by providing its 100 million+ members with access to automatic deals applied at checkout. Walmart debuted its Walmart+ program in September 2020, followed by Kroger ’s Boost program in November 2021.

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Retail TouchPoints

FEBRUARY 15, 2022

Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) Ultra-rapid grocery delivery will gain further influence.

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Retail TouchPoints

SEPTEMBER 8, 2021

A business model that was only possible with their unparalleled investment in the systems and shipping, fulfillment and supply chain infrastructure to support it. today, meaning that in terms of purchasing power, 2021 Amazon Prime members are only paying ~$10 more per year than they were 15 years ago.

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Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. 26-30, you’re automatically registered to listen to the entire series.

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Inside Retail

JUNE 13, 2023

We speak with Yoox Net-a-Porter’s APAC general manager Natalie Lee about the resilience of luxury spending amidst an economic downturn, the importance of localisation, personalisation and incredible customer service, and how the company is using technology to improve the way it operates. How do you plan to leverage them?

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Retail TouchPoints

SEPTEMBER 21, 2021

The 2021 Retail Strategy & Planning webinar series, now available on demand, brought together retailers, solution providers, practitioners and industry experts from firms including IDC, Alvarez & Marsal, WSL Strategic Retail and Cambridge Retail Advisors. Holiday 2021 and Preparing for 2022.

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Inside Retail

FEBRUARY 22, 2022

The website, Bluethumb Digital, is designed to attract crypto converts and more traditional art collectors alike, with payments accepted via Ether (the native cryptocurrency on the Ethereum blockchain) and credit card. The company’s current plan is to drop a new collection of digital art every two months.

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Retail TouchPoints

JULY 11, 2023

from Prime Day 2021, while 1P sales increased 6.1% , according to Capitol One Research. One of those brands is The Woobles , a three-year-old startup run by Adrian Zhang and his wife Justine that sells kits that teach beginners how to crochet and make cute animal plushies in the process. Also, Amazon gets more happy Prime members.

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Small Biz Trends

MAY 30, 2022

The list of tablets below will give you an idea of what is available across price ranges, brands, and operating systems. This can be particularly useful at points of sale for payment processing and signatures, for taking photos, or for any task that requires you to be mobile. 2021 Apple iPad Mini. 2021 Apple iPad mini.

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Inside Retail

AUGUST 17, 2022

For the uninitiated, Kicks Crew is an e-commerce marketplace for sneakers, apparel and accessories, and it offers over 400,000 unique styles online and ships worldwide. The online platform came into existence in January of 2021. “We We are dual headquartered, in LA and in Hong Kong. “The

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Inside Retail

AUGUST 17, 2022

For the uninitiated, Kicks Crew is an e-commerce marketplace for sneakers, apparel and accessories, and it offers over 400,000 unique styles online and ships worldwide. The online platform came into existence in January of 2021. “We We are dual headquartered, in LA and in Hong Kong. “The

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Independent Retailer

SEPTEMBER 2, 2021

Independent Retailer has put together a survival guide to help indie retailers navigate the 2021 holiday season — Black Friday, Cyber Monday, Christmas, and everything in between. shoppers when it comes to which brands consumers will shop with during the 2021 holiday season, followed by price point and quality/selection. In the U.S.,

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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. As a result, many retailers must move beyond manual processes to calculate their sales tax obligations.

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Independent Retailer

APRIL 19, 2022

The ever-changing nature of ecommerce affords a metropolis of opportunity for sellers willing to capitalize on the latest technological trends, and in the lead up to this Prime Day, strategy and planning are virtues necessary for success. The Future of Payment Automation. The Importance of Prime Day. An unprecedented $11.2

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Star Miconics

MARCH 22, 2023

What Changes Do You Anticipate the Payments Industry Will Bring to Channel Partners? In addition, blockchain and decentralization in the payments industry need to be watched closely. However, a Crypto wallet as a way of payment is still a long way. AI involves a lot of processing power that can only be done in the cloud.

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Retail TouchPoints

OCTOBER 1, 2021

Knowing the specific obstacles between you and the products you’re waiting for is the first step in figuring out a plan to work around shortages and rebuild inventory. For instance, if a certain item is being continuously backed up in ship and train containers, look for ways to get it shipped via air. They want faster service.

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Rangeme

JANUARY 29, 2024

The difference is it covers accidents caused by your business and its operations, not the products. It can also insure the items you use to operate your business, like computers, a cash register, and displays. This could apply to inventory being shipped to your store from a warehouse and a crash causing damage to the products.

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365 Retail

NOVEMBER 14, 2022

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. As the supply chain issues and labour shortages that defined the 2021 festive period are more or less resolved, the opportunity for a strong peak period presents itself.

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Retalon

SEPTEMBER 22, 2021

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. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. Payment, return, and exchange policies.

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Retail TouchPoints

OCTOBER 1, 2021

Knowing the specific obstacles between you and the products you’re waiting for is the first step in figuring out a plan to work around shortages and rebuild inventory. For instance, if a certain item is being continuously backed up in ship and train containers, look for ways to get it shipped via air. They want faster service.

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Indigo 9 Digital

MAY 17, 2022

Part of StockX’s success is due to the popularity of streetwear and StockX’s creation of a trusted resale marketplace where goods are authenticated reducing the risk of counterfeit products or fraudulent payment. The top sillhuettes on StockX in 2021 were: the Air Jordan 1, Nike Dunk, the Air Force 1, the Yeezy 350 and the Air Jordan 4.

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VMS

NOVEMBER 30, 2022

The palm images, after being entered in a kiosk at the 65 locations, link shoppers’ palms to payment cards. It’s the first time the company plans to use drones for customer deliveries in the United States. The initial plan is to drop these package-carrying drones into the backyards of residents in Lockeford, Calif. BEYOND AWFUL.

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Retail TouchPoints

MARCH 11, 2022

At eBay ’s investor day March 10, CEO Jamie Iannone shared details about the company’s long-term growth strategy and previewed new products, including plans for the eBay Vault — both a physical storage facility and a digital marketplace for trading cards and other high-value collectibles.

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Retail TouchPoints

NOVEMBER 20, 2023

billion in 2021. As the tactics behind these crimes become increasingly sophisticated, and customer expectations for in-store experiences are higher than ever, retailers are finding it more difficult to protect their assets while maintaining great service. While they solve one issue, they create a few more when it comes to theft.

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Retail TouchPoints

AUGUST 13, 2021

As the ecommerce wars heat up, BigCommerce is making a name for itself as one of the top facilitators of digital trade, alongside competitors such as Shopify, Adobe Commerce and Salesforce Commerce Cloud. How do I make sure I’m talking to my shoppers wherever they are?’. And then analytics is the other piece; how do you measure it all?

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Merchant Marverk

MARCH 25, 2020

Especially as Amazon Prime shipping times increase — Prime delivery times on some items are now as long as a month — this may result in higher demand for smaller retail businesses that offer online sales, as these businesses may be able to provide a level of service that big-box stores are unable to offer right now.

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Retail Geek

APRIL 30, 2021

Episode 262 of the Jason & Scot show was recorded on Thursday April 30, 2021. It would take much longer to take effect because they’re their operating systems tend to get deployed much more slowly. We recap Amazon, EBay, and Shopify Q1 earnings reports. Transcript. Scot: [4:18] Yeah. Scot: [4:48] Yes and.

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Retail TouchPoints

MARCH 3, 2022

billion on Cyber Monday 2020 , while Singles Day in November 2021 in China drove $139 billion in sales for two of that country’s major online shopping platforms. That includes frictionless payments and checkout and fast shipping options. Consider that in the U.S., ecommerce merchants pulled in $10.8

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Hunton Andrews Kurth

JANUARY 9, 2024

With the growing emergence of Extended Producer Responsibility (EPR) laws, companies selling products in the United States must increasingly plan for the end of a product’s life. 1] Each of these states is currently in the process of developing a regulatory program. What types of products do existing packaging EPR laws cover?

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Retail Geek

APRIL 29, 2022

Key Topics: Declining macro economics First quarter 1P sales were down year-over-year for the first time in two decades, as it had to comp against a very strong Q1 2021 which was elevated by the pandemic. In this episode we do a deep dive into all the details. AWS getting a strong boost from the pandemic.

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Retail TouchPoints

MARCH 29, 2022

Sessions illustrate the increasingly complex nature of the customer experience, and how the lines between commerce, marketing, service, and even supply chain and fulfillment, continue to blur. trillion was spent globally on marketplaces in 2021, and two-thirds of B2C ecommerce sales now happen on marketplaces. A whopping $3.23

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Retail Geek

FEBRUARY 19, 2021

Episode 254 of the Jason & Scot show was recorded live on Thursday, February 19th, 2021. Jason: [0:24] Welcome to the Jason and Scott show this is episode 254 being recorded on Thursday February 18th 2021 I’m your host Jason retailgeek Goldberg and as usual I’m here with your co-host Scott Wingo. Transcript.

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Retail Geek

MARCH 11, 2022

it’s kind of like a multi-channel shipping solution so they’ve you and I have long. 8:09] There’s a lot of speculation that they’re going to come out with some kind of a Shopify killer or some kind of competitive offering to Shopify so this gives them a pretty interesting shipping kind of non Amazon shipping solution.

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Retail Geek

AUGUST 29, 2023

Jason: [25:55] Well I mean a number of things so maybe just super high level what’s exciting to me like obviously a lot of this information about the business was not, publicly available so in the process of going public in issuing S1 they suddenly reveal a lot of things and they reveal things about.

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Retail Geek

JUNE 13, 2022

5:15] Another hobby of I guess it was a shared one is we like to coin phrases, one of the ones that I coined was Zero friction addiction so when consumers have these low-friction experiences not only are they great. And this is where we. Jason: [11:03] We got on like The Today Show.

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