Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022.

Payment Services 359

Payment Services Promotions Consumer Inventory Management 359

Small Biz Trends

JUNE 8, 2022

Promotional products are useful items for small business owners to increase brand awareness among consumers. Business promotional items are a great marketing tool as they allow your brand to connect with consumers by engaging their senses. And promotional products often create a more memorable brand experience.

Promotions 136

Promotions Advertising Shipping Accounting 136

Retail TouchPoints

FEBRUARY 25, 2025

Currently, those retailers that understand their customer base, launch gen AI products that fit their audience and implement them using a phased approach are satisfied with their progress but this only accounts for 1% of McKinseys retail respondents. Retailers can use this information to create unique promotions in real time.

Accessories 179

Accessories Promotions Returns Consumer 179

Retail Focus

MARCH 28, 2025

Founded in 1976, DECATHLON has continued its evolution under the leadership of Barbara Martin Coppola since 2022, with a strategy aimed at becoming a multi-specialist sports brand that acts concretely for people, society and the planet. I would like to thank Barbara for the impactful work she has carried out over the past 3 years.

Customer Experience 147

Customer Experience Accounting Promotions ATS 147

Retail TouchPoints

OCTOBER 11, 2022

31, 2022, a 2.5% In 2022, the impact of economic uncertainty, particularly in rising prices of non-discretionary expenditures like gas, food and housing, will rein in consumer spending. from 2021 and accounting for 16.3% Heavy promotions are expected to impact margins but attract enough customers to maintain growth.

Apparel 304

Apparel Returns Promotions Accounting 304

Retail TouchPoints

MAY 3, 2022

Participation in programs : Amazon has several different programs and promotions, which can offer various incentives for select categories of products. Sometimes these are a great way to position a product in a place where it can gain access to the right consumer base.

Accounting 275

Accounting Shipping Management Fulfillment 275

Retail TouchPoints

DECEMBER 26, 2023

As in previous years, ecommerce grew at a faster pace than brick-and-mortar retail, but the latter still accounts for the majority of all sales. compared to 2022. Spending at restaurants saw a significant jump, increasing 7.8% Apparel sales grew 2.4% and grocery increased 2.1% , while jewelry and electronics sales declined by 2% and 0.4%

Jewelry 299

Jewelry Payment Services Promotions Apparel 299

Retail TouchPoints

JANUARY 3, 2023

2022 saw the fastest pace for inflation in decades. Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. Fake Account Creation Bots can create fake accounts at scale which are then used to abuse retail promotions.

Merchant Services 306

Merchant Services Payment Services Accounting Checkout 306

Retail Gazette

JANUARY 3, 2025

The loss came mostly from impairments linked to the implementation of a new stock system in 2022, which End Clothing said last year had created logistical problems preventing it from shopping products and leading to a multimillion-pound write-off. It closed the year with 62m of stock, down from 92.7m.

Finance 116

Finance Accounting Promotions Consumer 116

Retail TouchPoints

DECEMBER 16, 2022

DressX launched in August 2020, and Meta added the company to its portfolio of virtual clothing designers in July 2022. The company is committed to sustainable fashion, promoting the digital garment market as a way for consumers to showcase their style digitally.

Fashion 289

Fashion Accounting Consumer Promotions 289

Retail TouchPoints

NOVEMBER 3, 2023

spending forecast to climb 3%-4% over 2022, generating between $957.3 The NRF’s forecast, which is based on economic modeling that takes multiple factors into account, is in line with the Mastercard Spending Pulse prediction from September 2023 that U.S. billion spent in the 2022 holiday season. billion to $966.6 for the Nov.

Finance 264

Finance Accounting Consumer Promotions 264

Inside Retail

MAY 18, 2025

Operational disruption can hit peak trading When the Woolworths MyDeal platform was breached in 2022, exposing the data of 2.2 In a digital-first world, one breach can knock out e-commerce sales or delay fulfilment, or disrupt promotional campaigns. million customers, it prompted a swift shutdown, security audits, and ongoing scrutiny.

Payment Services 130

Payment Services ATS Fulfillment Supermarket 130

Retail TouchPoints

AUGUST 4, 2023

wholesale accounts, along with 10 independent specialty retailers in the southeastern U.S. This omnichannel expansion comes on the heels of a strong fiscal 2022, with the retailer reporting $1.8 The outdoor goods retailer also will add Dillard’s and Moosejaw to its key U.S. billion in revenues.

Specialty Retailers 246

Specialty Retailers Wholesale Planning Outdoor 246

Retail TouchPoints

NOVEMBER 18, 2022

million people plan to shop between Thanksgiving Day and Cyber Monday in 2022, representing 69% of all holiday shoppers, according to a survey conducted by the National Retail Federation (NRF) and Prosper Analytics. over the past 10 years, with pandemic spending in recent years accounting for much of the gains. An estimated 166.3

Shopping 289

Shopping Department Stores Planning Accounting 289

Inside Retail

MARCH 26, 2024

Lush expects MPs to receive over 23,000 signed letters from its customers as part of the company’s promotion of Animal-Free Science Advocacy’s ‘I am not a labtool’ campaign. million animal lives, including cats, dogs, rabbits, primates and more, were taken for lab experiments in Australia from 2021 to 2022.

Promotions 227

Promotions Accounting Marketing 227

Retail TouchPoints

NOVEMBER 10, 2022

In terms of savings, we see that our members are driven by our big promotional events in the Spring and during the holiday season. We’re also supporting convenience, for example with the September 2022 addition of free shipping for all Beauty Insider members.

Consumer 269

Consumer Drop-Shipping Customer Experience Accounting 269

Retail Focus

SEPTEMBER 27, 2022

In this article, we will discuss some of the payment trends revolutionizing retail in 2022. . Registered account owners have access to multiple features that allow them to check accounts, debit cards and credit cards. . The post Payment Trends Revolutionizing Retail in 2022 appeared first on Retail Focus - Retail Design.

Payment Services 130

Payment Services Checkout Accounting Marketing 130

Retail TouchPoints

AUGUST 5, 2024

In 2021 the retailer opened its first store outside the Northeast and now operates 13 stores in Florida, and in 2022 The Paper Store opened its first Signature Store, featuring a 12,000-square-foot footprint — double its previous stores’ average size — and new ways for customers to shop.

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Retail TouchPoints

MARCH 8, 2022

Despite this, EV adoption is poised to surge in 2022, and perhaps the greatest challenge in the industry is the lack of an easy-to-use EV charging infrastructure to support the growing number of vehicles. The charging challenge is currently so significant that it’s gotten the attention of governments as they look to promote EV usage.

Payment Services 278

Payment Services Accounting Promotions Customer Experience 278

Retail TouchPoints

JUNE 13, 2023

Following a series of updates to the YouTube Partner Program (YPP) made in September 2022 , the platform is now lowering the eligibility criteria to enter the program and expanding the YouTube Shopping affiliate program, allowing more advanced creators to make commissions on products they feature.

Accounting 278

Accounting Shopping Promotions Social Commerce 278

Inside Retail

MARCH 2, 2025

In 2022 alone, the price of food shot up by nearly 10 per cent year-over-year, faster than any year since 1979, as reported by the US Department of Agriculture. Shea explained that smart brands are already planning promotions at the beginning of March to capture missed sales from February 28 and pull forward demand from the week of March 7.

Consumer 130

Consumer Planning Accounting Promotions 130

Retail TouchPoints

OCTOBER 6, 2023

Brands can delve into historical sales data, market trends and consumer insights to predict their seasonal demand patterns while factoring in changes based on promotions and actual sales. In fact, last peak season, at least 10% of orders were returned each week from November 2022 to mid-January 2023, per Salesforce data, as U.S.

Fulfillment 310

Fulfillment Returns Shipping Promotions 310

Inside Retail

APRIL 17, 2025

Dillon, who had just joined the legacy footwear retailer team in September 2022, explained that the company would be cutting out unprofitable areas of its business and prioritising investing in new ventures, like a revamped store concept and eye-catching product launches. Even though Q4 sales were down by 5.8 per cent year on year to $2.24

Planning 130

Planning Promotions Returns Consumer 130

Retail TouchPoints

APRIL 19, 2023

For example, if a retailer has the technology to identify the sales associate for a given customer transaction, can they reward or incentivize that employee via a loyalty account? Another big trend on the horizon is the growing convergence of loyalty programs with advertising and promotions.

Advertising 275

Advertising Promotions Consumer Management 275

Retail TouchPoints

NOVEMBER 30, 2022

Mobile Accounts for More Than Half of Ecommerce Sales. Mobile in particular played a major role during Thanksgiving Weekend this year — the channel accounted for 51% of all digital sales during the period, up from 46% last year and topping 50% for the first time ever, according to Adobe Analytics. Indoor mall traffic was up 1.2%

Accounting 264

Accounting Promotions Outdoor Finance 264

Retail TouchPoints

JULY 24, 2023

Some people check their email accounts hourly while others always have thousands of unread emails in their inbox. consumers have at least one email account, with the average addresses per person totaling 2.5. In fact, in 2022, 55% of businesses texted their customers , according to Simple Texting.

Marketing 246

Marketing Retail Marketing Advertising Promotions 246

Retail TouchPoints

APRIL 22, 2022

In 2022, it is no longer an option whether businesses can choose to protect against fraud, but a responsibility. Throughout all times of the year, retailers use seasonal discounts and special promotions to increase the average purchase size of existing customers and to entice new customers. Return Fraud.

Merchant Services 278

Merchant Services Returns Fulfillment Promotions 278

Inside Retail

MARCH 29, 2022

billion in sales in 2022. And while brands and advertisers have relied on social media to promote their products for years, many now realise the benefits of having the entire shopping experience hosted on the platforms themselves. Here’s who we expect to dominate live shopping and social commerce in 2022.

Social Commerce 130

Social Commerce Advertising Checkout Shopping 130

Retail TouchPoints

JANUARY 14, 2022

As a result, Cyber Week 2021 accounted for 23% of total ecommerce spend, down slightly from 24% in 2020. The surge in BNPL was attributed to higher prices overall, due to 25% year-over-year price inflation and lower overall promotional discounts. Notably, the highest spending levels came at the beginning and end of the season.

Social Commerce 306

Social Commerce Fulfillment Drop-Shipping Payment Services 306

Retail TouchPoints

NOVEMBER 9, 2021

Earlier this year, the marketplace hosted a series of in-person product authentication events to promote its authentication practices for high-end collectible items such as sneakers , watches and trading cards. The Refurbished program is part of a larger effort by eBay to boost product credibility on its platform.

Returns 323

Returns Sporting Goods Accessories Consumer 323

Retail TouchPoints

SEPTEMBER 2, 2021

Some of the key data points that underscored their conversation include: The influencer industry will reach $15 billion in value by the end of 2022; 70% of all U.S.-based Before rising in the influencer ranks with her account @NYCfitfam, she had approximately 20 years’ experience in public relations. “I

Social Commerce 302

Social Commerce Accounting Marketing Planning 302

Retail TouchPoints

JUNE 9, 2022

billion by the end of 2022 , in large part because influencers can provide direct connections to consumers and allow brands to deliver messaging in an authentic and relevant way. Jerutis: Brands can leverage their own social media accounts to alleviate many of the pressures that supply chain issues can bring.

Consumer 363

Consumer Marketing Promotions Management 363

Small Biz Trends

DECEMBER 14, 2022

This guide offers everything you need to know about taking advantage of the best small business tax deductions during the 2022 tax year. Types of Tax Deductions for the 2022 Tax Year. Small business owners and independent contractors can claim a number of tax deductions when filing their taxes for the 2022 tax year.

Payment Services 130

Payment Services Accounting Advertising Returns 130

Retail TouchPoints

JULY 13, 2023

from 2022 and setting — as expected — a new record for Prime Day. billion through promotions and discounts, with more deals available than any previous Prime Day. Additionally, Adobe noted an increase in the usage of buy now, pay later (BNPL) services during the sales event, with BNPL accounting for 6.5%

Consumer 243

Consumer Accounting Promotions Fashion 243

Retail TouchPoints

FEBRUARY 16, 2022

The same goes for everything from email blast promotions to a user’s ability to read on-site reviews. Make sure the “Sign In” and “Create an Account” links are easily located and can be recognized by a screen reader for visually impaired users. Registration is now open!

Shopping 317

Shopping Checkout Accounting Shipping 317

Retail Focus

MARCH 25, 2025

Grocery stores that promote organic or specialty foods frequently include budget lines to attract customers who can no longer afford premium items. Some brands dropped entire product categories after being burned by the 2022 inventory glut, which resulted in the liquidation of $48 billion in overstock merchandise across retail channels.

Consumer 130

Consumer Drop-Shipping Shipping Store Layout 130

Inside Retail

NOVEMBER 7, 2023

million in 2022 and forecasted to rise steadily through 2026 , it will facilitate the adoption of technology across the region and expand opportunities for gamification,” he explained. Tan is making sure he does his bit in terms of promoting conscious fashion in the APAC region, too. “We

Social Commerce 264

Social Commerce Fashion Accounting Accessories 264