Retail TouchPoints

JULY 26, 2022

For the 2022 holiday season, the trillion-dollar question is how do brands and retailers maintain growth, but do it profitably with an omnichannel approach? Here are our five holiday shopping predictions to consider as you develop your strategy for the 2022 season. For retailers, 2022 is about playing the long game.

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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. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

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Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty. and New York’s Times Square.

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Retail TouchPoints

DECEMBER 10, 2021

The pandemic has been a challenging time for shopping centers, and even as vaccination rates climb and shoppers return to old habits, retailers are finding that many of their shopping preferences have permanently shifted. I think what’s going to be interesting is, how do we rebound in 2022?”

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Retail TouchPoints

SEPTEMBER 25, 2023

While we’ve returned to some sense of normalcy, the VUCA [volatile, uncertain, complex and ambiguous] proposition has become a reality,” said Dr. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee. RTP: What impact do returns have on supply chain costs?

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Retail TouchPoints

JANUARY 27, 2022

The solution is expected to launch in the second half of 2022. The updated Dynamics 365 Intelligent Order Management tool is designed to help brands access new information and capabilities to better fulfill, ship and service customer orders.

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Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge. What is order fulfillment?

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365 Retail

JANUARY 6, 2022

Global architecture, planning and design firm CallisonRTKL has released its Forecast 2022 report – looking at the accelerators, disruptors, and constants shaping the built retail environment in the year to come. In 2022, we will see physical retail environments simplify in-person transactions. Tempur-Pedic (New York City).

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Retail TouchPoints

AUGUST 1, 2022

“The expansion of Amazon’s same-day delivery to include beloved brands delivered directly from nearby retail locations is just another way we are offering customers even greater selection, at faster speeds,” said Sarah Mathew, Director of Amazon Delivery Experience in a statement. “We Seattle and Washington D.C.

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Rangeme

AUGUST 1, 2022

Fulfillment is a broad term that encompasses every aspect of storing, packing, and shipping your goods. Choosing the right 3PL will give you more time to grow your brand and work on product development, rather than miscellaneous fulfillment tasks. What are the benefits of outsourcing your fulfillment? Where are you growing?

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Retail TouchPoints

MARCH 21, 2022

Google’s management solution appears to be aimed at the small- to mid-sized retailer market, an already hotly contested territory being fought over by Shopify, with its Shopify Fulfillment Network offering two-day delivery and promising smooth returns, and Amazon with its FBA (Fulfillment by Amazon) services for its marketplace sellers.

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Retail TouchPoints

AUGUST 31, 2022

27, 2022, has announced a combination of store closures and layoffs designed to reduce its SG&A (selling, general and administrative) expenses by $250 million in fiscal 2022. As of May 28, 2022, the retailer operated a total of 955 stores, including 769 Bed Bath & Beyond locations.

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Retail TouchPoints

JUNE 13, 2022

The delivery drone will fly to the designated delivery location, descend to the customer’s backyard and hover at a safe height. It will then safely release the package, rise back up to altitude and return to base. They’ll place a normal order and receive an estimated arrival time with a status tracker for their order.

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Inside Retail

SEPTEMBER 7, 2023

Customers are increasingly expecting same-day or even one-hour delivery, but the fulfilment infrastructure remains embryonic. per cent from 2022 to 2027. Some companies may convert portions of their stores completely into fulfilment centres. If you order online at breakfast, you’ll get your goods before lunch.

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Retail TouchPoints

DECEMBER 14, 2021

Costco will put a renewed emphasis on ecommerce by doubling the number of locations with pickup lockers over the coming year and expanding its Costco Next brand directory. billion in Q1 2022, with digital sales up 13.3% The retailer’s net sales were up 16.7% year-over-year.

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Retail TouchPoints

SEPTEMBER 29, 2023

The FTC also has charged Amazon with making sellers’ ability to obtain Prime eligibility contingent on their using Fulfillment by Amazon (FBA) and other services that the company offers. Essentially, Amazon is alleged to have established its own company town, only this time it’s not in a concentrated physical location but in cyberspace.

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Retail TouchPoints

SEPTEMBER 2, 2022

Shipping companies can obtain information through GPS tags to help locate containers and ships in real time. For example, a UK-based business with traction in Europe should consider warehousing stock in Germany, Poland or the Netherlands to shorten the fulfillment process. Preventing, Reducing and Managing Returns. in Romania.

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Retail TouchPoints

APRIL 27, 2023

A 2022 survey of more than 13,000 consumers worldwide found that 66% had stopped buying from a company because of a mismatch in values. The 2022 survey also found that a company’s environmental practices were a deciding factor for 78% of consumers. Reduce the Impact of Returns Returns are a net negative for everyone.

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Retail TouchPoints

JANUARY 11, 2023

Brands once had the challenge of getting customers to walk through their large store doors, supplying products they wanted to purchase and hoping they would return, but everything was limited to that in-store traffic. Some may argue there are too many options.

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Inside Retail

APRIL 22, 2024

According to a recent Euromonitor report, while consumer food-service value nears pre-pandemic levels in 2024, dining-in at restaurants will not return to pre-pandemic level until 2028 in Asia Pacific. Apac’s food-service spending surpassed pre-Covid levels in 2024, as revenues grew 12 per cent to more than US$1.2 trillion in 2023.

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Retail TouchPoints

OCTOBER 6, 2022

Amazon’s operations employees are paid, on average, approximately $19 per hour based on position and location. The company also is offering a signing bonus of $1,000 to $3,000 at select locations, and has touted the fact that these seasonal roles are often “the start of a long-term career inside or outside the company.”.

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365 Retail

DECEMBER 21, 2021

Now, as we move into a post-pandemic environment, what will 2022 bring for retailers? What does 2022 hold for the retail industry? Retailers are grappling to evaluate with the right network across a blend of large warehouses, smaller localised fulfilment centres and deliveries from stores. decision making.?In first hand.? .

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Retail TouchPoints

AUGUST 24, 2023

The deal may eventually include Shein shop-in-shops at some of Forever 21’s 540 brick-and-mortar stores, which are heavily concentrated in malls, as well as offering consumers the ability to return Shein items at Forever 21 locations.

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Retail Focus

APRIL 7, 2022

Chris White, head of delivery at international fulfilment services provider, fulfilmentcrowd , explains how SME retailers can overcome these challenges and capitalise on the opportunity of scaling into new markets, both across the EU and further afield. . Simplifying the schemes available.

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Retail TouchPoints

JUNE 7, 2021

Shoppers increasingly want the convenience of online shopping and anywhere fulfillment. Americans are on track to spend $1 trillion in ecommerce by 2022, according to Adobe’s study. This required more from Amazon than just adding deals to the website; the company had to ramp up virtually every aspect of its fulfillment business.

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Retail TouchPoints

JANUARY 12, 2022

Home discount retailer Big Lots is returning to expansion mode after more than a decade of flat store growth, with plans to open as many as 500 new stores in the next six to seven years. Over the last 12 months (as of January 2022), the retailer brought in $6.2 Big Lots currently operates 1,431 stores across the U.S. billion in sales.

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Retail TouchPoints

JUNE 1, 2022

But if you’re interested in what’s driving retail growth right now, in 2022, you’ve come to the right place. Shoppers are returning to stores, again. In the ChaseDesign Q1 Shopper Sentiment Survey, 85% of people said, “I plan to shop in physical stores more in 2022 than last year.” billion per month (Mercatus Q1 2022 Report).

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Inside Retail

JANUARY 24, 2023

After so much Covid-19 disruption and damage, the National Retail Federation’s (NRF) Big Show returned to the Big Apple with an equally big bang last week. As consumers return to stores post-pandemic, they are seeking out intuitive and personalised interactions that surprise and delight, with the option for frictionless self-service.

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Retail TouchPoints

NOVEMBER 20, 2023

beginning in 2022. Once they purchase True Classic, more often than not, the customer returns with a repeat purchase and also buys into other categories. It builds a lot of credibility and awareness [and allows customers] to talk to a human, touch and feel the products and have a place to return them. and San Jose, Calif.,

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Retail TouchPoints

SEPTEMBER 12, 2022

Obviously, it makes for a better customer experience but we also believe that it helps reduce returns, because it eliminates the frustration that people feel when they have to put together a piece of furniture on their own.”. In fact, Sundays offers free shipping for every piece of furniture delivered, as well as free white-glove service. “We

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Shopping Customer Experience Shipping Consumer 244

Retalon

NOVEMBER 11, 2021

In addition, retail giants like Amazon have conditioned today’s consumers to want simple and efficient order fulfillment options, fast delivery and a wide range of product options. In turn, consumers now expect these same options to be available across all retail locations (both online and in-store).

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Retail TouchPoints

AUGUST 9, 2022

You want to also offer consumers something that hasn’t been fulfilled by their current options.” Consider the Entire Experience — Returns Included. While brands undoubtedly saw a rise in sales, they also saw a rise in returns. The company has several locations where consumers can drop off unwanted goods.

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Retail TouchPoints

APRIL 5, 2023

Yalof shared in the company’s Q4 2022 earnings report that leasing occupancy grew 170 basis points year over year. in the 2022 fiscal year compared to 2019, thanks to the changing mix of retailers in the comparable pool as well as retailer expansions that occurred during the year. In addition, total tenant sales increased 11.8%

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Mass Relators

OCTOBER 25, 2023

–   Zebra Technologies Corporation  has announced the findings of its 16 th Annual Global Shopper Study that confirmed retailers are feeling the omnichannel squeeze, particularly with managing online returns and reducing shrink caused by theft, fraud and other contributing factors.

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Inside Retail

FEBRUARY 28, 2022

Bigger retailers are facing challenges in managing network-wide capacity across multiple fulfilment nodes with different optimisation characteristics, and re-tooling workforces accordingly. Retailers are increasingly looking for ways to increase co-ordination across the supply chain, along with automation in fulfilment planning and execution.

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Retail Gazette

OCTOBER 12, 2023

1) Optimise inbound and outbound We’re seeing a growing trend of retailers prioritising a review of their warehousing and fulfilment. ASC research last year found that just over a third (35%) of retailers were focusing on fulfilment, with this increasing to half (50%) this year. About the research.

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Retail TouchPoints

OCTOBER 14, 2022

based fulfillment centers in a bid to directly challenge ecommerce giants like Amazon and Shopify. The company’s “sales lift” partner NCSolutions (NCS) also reported that TikTok campaigns deliver an average return on ad spend (ROAS) nearly 2X higher than NCS campaign performance benchmarks. Bringing TikTok to the ‘World Outside’.

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