Inside Retail

NOVEMBER 28, 2023

Whether using tried and tested pre-built templates from Klaviyo’s extensive library, or building unique flows using a simple drag-and-drop tool to create their own, retailers can create advanced, profitable automated flows that are proven to boost conversion rates. Thank you messages can be tailored to new shoppers or returning customers.

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Retail TouchPoints

AUGUST 7, 2023

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. The trade-off is long shipping times, another thing Wish is working hard to improve.

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Clover - Retail

APRIL 18, 2024

Instead, when a customer orders the product, the retailer contacts their manufacturer or wholesale merchant–who keeps inventory of the product on-hand–and has the product shipped directly to the customer. Retailers make a profit by selling the product at a higher price than what manufacturers/wholesale merchants sell it to them for.

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Retail TouchPoints

AUGUST 23, 2023

With more people returning to in-store shopping as the pandemic has eased, brands are leaning into the phygital trend by designing physical stores that reflect popular elements of the online experience. Meanwhile, in the Nike app, shoppers can access early product drops and solicit styling advice from experts.

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Inside Retail

FEBRUARY 8, 2024

So it’s vital to make that experience count,” explains Alexandria Jurcic, national marketing manager, at Australian corrugated cardboard and packaging specialist Abbe. “It Right-sized packaging reduces product damage which itself results in lower rates of returned goods. The segment is set to grow at a 4.2

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Retail TouchPoints

MARCH 10, 2021

Retailers with a strong omnichannel presence, like Target , are well-positioned for success in the coming year as traffic returns, but even mall-based companies in weaker positions, like Gap , show signs that they can leverage an online pivot to fuel a turnaround effort. Amazon’s Q4 revenue hit $125.56

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Inside Retail

FEBRUARY 11, 2024

During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. Its 10th store will open at Sunshine Plaza on March 10, and its 11th store at Pacific Fair on May 4.

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Mass Relators

JANUARY 31, 2022

. — Meijer said Monday it will be the first retailer to offer at-home COVID-19 PCR tests free of charge to customers at its 254 pharmacies throughout the Midwest. The new program will be managed through a partnership with eTrueNorth, a testing company that has performed millions of COVID-19 tests at more than 800 sites nationwide. “We

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Retail TouchPoints

DECEMBER 23, 2022

Forrester predicts retailers, which are already facing operational and supply chain challenges, will react to the uncertainty in 2023 by shifting to managing rising costs by rolling back offers such as free returns or delivery, and investing in optimization technologies such as order management systems.

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Retail TouchPoints

NOVEMBER 30, 2020

The 2020 ecommerce holiday shopping and shipping season is expected to eclipse years past. Brick-and-mortar sales — which will account for 81.2% Regardless, these communications will be crucial to whether holiday customers return throughout 2021. of total U.S. holiday retail — are expected to decline 4.7% Consumers Want Options.

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Retail TouchPoints

JULY 10, 2020

The study found that this evolving area was already causing retailers to shift their budgets: Google Shopping (the image-focused product ads that appear at the top of a search) spend was up approximately 7% in 2019, while Google paid search (the text-based links that appear within the search results) spend fell nearly 8%.

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Retail TouchPoints

AUGUST 2, 2023

took the stage at The Lead Summit in Manhattan in July 2023 to talk about how they are adapting their strategies to meet the new realities of DTC retail. At the end of the day, regardless of the category, it ultimately comes down to, does the product solve a true problem and is this something that you would recommend to a friend?”

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Inside Retail

NOVEMBER 29, 2022

So, with inflation at its highest in three decades and the Reserve Bank forecasting a 7.75 This means measuring and addressing inefficient operations and eating away at profits is critical. You must plan for a fast response to rising CPG prices as they bring a return to elasticity – consumer sensitivity to prices.

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Retail TouchPoints

JUNE 23, 2022

Last year, the average family with K-12 students spent $848 on return to school items, while families of college students spent an average of $1,200, according to the National Retail Federation. Regardless of your customers’ age demographic, it’s a smart idea to offer digital wallet payment options at checkout.

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Retail TouchPoints

JULY 26, 2022

A peek at second-quarter data indicates this trend is accelerating, with April and May showing a 7% increase in ASP on top of a 17% increase during the same period in 2021. This scenario sets up a battle across all sectors of the economy for brands looking to tap into consumer wallets as they shop for fewer items at fewer retailers.

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Rangeme

MARCH 12, 2024

Expo West begins today, and for the next few days many brands will experience a whirlwind of networking, handing out samples, schmoozing at after-hours events, and starting potential business deals. Did you order your pop-up banner too late and have to pay rush shipping on it? Once it all wraps up, though, now what?

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Store Growers

JULY 6, 2022

When you’re configuring your Google Merchant Center account, one of the essential parts to get right is the shipping settings. Google needs this information to be able to show an accurate comparison between advertisers, both in terms of shipping time and cost! Why You Need to Set Up Shipping in Google Merchant Center.

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365 Retail

AUGUST 3, 2021

Fashion chain Joules has returned to annual profit as it rode out the lockdown disruption thanks to surging online sales. The Leicestershire-based group – famous for its posh wellies – saw online sales race 48% ahead to £122 million in the year to May 30 and now account for more than three-quarters (77%) of all retail revenues.

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Inside Retail

JANUARY 15, 2023

Coming out of (or still in) the Covid-19 pandemic, experts are forecasting turbulent times for Australia’s retail industry, as it grapples with – among other factors – the effects of rising interest and inflation rates, diminished consumer confidence and potential drop in spending throughout the year.

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Retail TouchPoints

OCTOBER 21, 2021

In the world of ecommerce, Google is a bit of an anomaly: while a relatively minor player in the marketplace landscape compared to giants like Amazon and eBay , it is at the same time central to the shopping journeys of millions of consumers every day. That’s a drop in the bucket compared to Amazon’s 1.7

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Inside Retail

AUGUST 25, 2022

Experience: We all experienced the GFC – I was CEO of The Good Guys at the time – and the principles of dealing with a downturn are pretty much the same, except in the current situation, we have the added benefit of a more dynamic channel in e-commerce. You look at all of those controllables very closely. Michael Ford. Launa Inman.

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Inside Retail

DECEMBER 9, 2021

In the White House Situation Room, former Secretary of State Hilary Clinton has a lone seat at the table. Even before the pandemic, women were at a disadvantage in the workplace. And globally, women make up 39 per cent of the world’s employment but account for 54 per cent of overall job losses. Perfect storm. The silver lining.

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Retalon

APRIL 21, 2021

Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs.

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Nvidia

DECEMBER 2, 2021

Starting today, gamers in Europe who preordered a six-month GeForce NOW RTX 3080 membership will have their accounts enabled with the new tier of service. Rollouts for accounts will continue until all requests have been fulfilled. Make sure to return to orbit before time runs out — those that get left behind are lost forever.

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Retalon

DECEMBER 8, 2021

This article will answer those questions while also looking at the best practices being used today, and how to pick the right order fulfillment model. How, when, and where the customer prefers to experience their product fulfillment affects the sourcing and shipping decisions. How complicated is the returns process?

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RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Use and analyze the past seasonal orders to determine how to price products- By using the data, look at previous seasons to guide your pricing decisions. Instead of simply repeating the same quantities, look at which products were the best and worst sellers and order accordingly.

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RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2020

Integrate your accounting with your POS – This means integrating your accounting department with all points of sale. Your accounting department needs to be fully integrated with all points of sale. To enable individuals to locate the ideal product at the current cost.

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Retail Next

OCTOBER 1, 2019

Here are three of the company’s practices you can mimic, and a couple that are best to drop. Amazon excels at retaining a top-of-mind position with consumers. If they want to communicate with a person, doing that is as easy as answering a few questions from drop-down menus, then choosing the preferred method of contact.

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Wiser

MAY 30, 2018

At its core, price optimization helps retailers attain the goals that are most important to them. Converting shoppers based on bargain basement deals will condition them to expect that tier of pricing and may even tempt them to wait for discounts instead of checking out at full price later on. . Pricing Optimization Takes Time .

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Global Shop

FEBRUARY 12, 2024

It then indicates where to make the cuts to optimize material usage, and identifies the leftover material drops and scraps to return to inventory for future jobs. Even shipping is faster and more efficient. You can label materials picked to WIP by printing a transactional issue-to-work order label.

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Retail TouchPoints

JANUARY 10, 2022

drop in 2020. “It’s It’s a different landscape this year than last year, which was different than the year before,” said Peter McCall, Senior Manager, Retail Consulting and Advanced Analytics at Sensormatic in an interview with RetailTouchPoints. At the end of the day, we view this as a successful season.”.

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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. More Online Sales Means More Returns.

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Inside Retail

MARCH 17, 2022

It connects, on a centralised and measurable platform, several touchpoints and interactions a customer has with the brand or business: payments, rewards, inventory, delivery options, product return, supply chain, fulfilment options, and more. Buy online, return in-store. No more lines at checkouts. Endless aisle.

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Retail Next

OCTOBER 8, 2019

A Communication ROI Study Report conducted by Towerwatson.com, revealed that companies with highly effective communication enjoyed 47 percent higher total shareholder returns compared to organizations with less effective communication. Cloud-based tools also allow employees to share data with the entire team at the click of a button.

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Retail TouchPoints

JULY 26, 2023

Retailers can no longer turn a blind eye to the reality that today’s increasingly online shoppers are savvier than ever and quick to make snap judgements about brands for as little as delayed shipping. From order placement to shipping notifications, consumers demand regular updates about their orders or returns.

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Retail TouchPoints

MARCH 3, 2022

Whether they happen on an established shopping day like Black Friday or on a day that’s unique to a particular business, like a shoe company’s latest merch drop, the deal deadlines and quantity limits of flash sales can move customers to buy quickly, instead of putting items on a wish list or bookmarking them for later.

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365 Retail

NOVEMBER 13, 2023

We’ll look at what seasonal demand means and its impact on retail businesses, coupled with actionable insights on dealing with related obstacles while taking action to optimise profitability. Seasonal demand is the changes in consumer appetite that naturally occur at different times of the year, such as around Christmas or Black Friday.

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