Retail TouchPoints

OCTOBER 15, 2021

Because of efforts to address this mismatch of product and real-world sizing, Coresight Research estimates that the value of the extended-size market for women will grow to $32.3 this year alone, representing approximately 21% of the total women’s apparel market. billion in the U.S.

Consumer 287

Consumer Merchant Services Markdowns Fulfillment 287

Retail TouchPoints

JANUARY 21, 2021

In recent months the global COVID-19 pandemic has had a huge impact in retail. In the UK, as reported in The Guardian , the number of visitors to UK retail destinations has dropped by 39%, while in the U.S. the decline of the total retail market this year is expected to be double that experienced in the 2009 financial crisis.

Advertising 287

Advertising Accounting Marketing Finance 287

RETAIL MANAGEMENT SOFTWARE

MAY 24, 2022

The transition to digital marketing has accelerated over the past two years, and the customer experience has improved dramatically. However, strong headwinds threaten continued growth as retail businesses face ongoing disruption from the pandemic, supply chain challenges, and climate change.

Marketing 81

Marketing Payment Services Customer Experience Advertising 81

Small Biz Trends

JULY 8, 2021

We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. Retail Statistics: The Big Picture. economy is retail, now you know.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

365 Retail

AUGUST 16, 2021

Hotter, the comfort footwear brand, which has more than 4 million customers worldwide, has this week announced that the sale of active and outdoor shoes jumped up by 65% in July 2021 compared to July 2019, a category which now accounts for 20% of its total footwear sales, up from 11% in July 2019. .

Outdoor 62

Outdoor Fashion Accounting Customer Experience 62

Retail TouchPoints

JUNE 16, 2021

Marketing teams need to rethink their processes for a new world, and seek to grab potential customers from the moment their content is delivered. Marketers Can’t Afford to Miss on Content, Customers or Timing. However, marketers are having trouble turning even the best content into consistent results.

Marketing 187

Marketing Returns Marketing Spend Accounting 187

Wiser

SEPTEMBER 12, 2022

Generally speaking, larger companies have merchandisers that are able to work closely with retail marketing teams to create displays that fit in with brand’s overall image and goals. Independent retailers have control over their own displays and can create them without the constraints of a brand’s guidelines.

Visual Merchandising 148

Visual Merchandising Point of Sale Cross Merchandising Apparel 148

I Vend

NOVEMBER 10, 2021

This newly reinvigorated passion for hardware retail has translated into increased sales across the sector – a report by The Hardware Connection , quotes one US hardware retailer as saying ‘We finished April up 52% percent and three days May was up over 200% percent, including our largest day since the store opened.’.

Customer Experience 52

Customer Experience Inventory Management Fulfillment Marketing 52

Retalon

AUGUST 16, 2019

Not only do you have to decide which metrics are most likely to provide high-value consumer data, but then you must have the resources on hand to analyze it in search of trends that help you to hone your brand strategies and better personalize the retail customer experience. Benefits and Challenges of Personalization.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retail TouchPoints

AUGUST 18, 2021

As we continue to see the short- and long-term effects of the pandemic, many retailers have resorted to shuttering their businesses, unable to survive in such a volatile environment. For those still fighting for their share of the retail market, customer engagement hubs (CEHs) are a life raft keeping businesses from sinking.

Customer Experience 281

Customer Experience Accounting Consumer Marketing 281

Retalon

SEPTEMBER 11, 2020

In order to understand how to take full advantage of this new technology, we will first explain what demand forecasting actually is, the most common methods of demand forecasting in retail, key constraints that need to be accounted for, and modern examples of accurate demand forecasting. What is Demand Forecasting?

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Retail TouchPoints

MARCH 30, 2023

But it’s retailers’ reluctance to move their point of sale (POS) systems from a traditional client/server setup to a cloud-based architecture that really slows down progress. The resistance is real — people are not comfortable yet with putting their POS in the cloud,” said Dave Bruno, Director of Retail Market Insights at Aptos.

Point of Sale 262

Point of Sale Checkout Consumer Promotions 262

Retalon

FEBRUARY 15, 2024

This technological marvel aids in refining inventory management, shaping marketing strategies, and sculpting pricing frameworks, contributing significantly to sales upliftment and fortified customer allegiance. in 2022, hinting at the burgeoning reliance on these sophisticated tools.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Retail TouchPoints

OCTOBER 14, 2021

Retailers and consumers alike are bracing for a holiday season much like the last — masks look set to remain a top stocking-stuffer; “supply chain” has a become a daily topic in mainstream media; and parents are gearing up for tears with the top toys of the year already predicted to go out of stock.

Marketing 280

Marketing Promotions Consumer Customer Experience 280

I Vend

MAY 8, 2024

Our modern POS for wine and liquor stores unlocks growth Read more The global at home alcoholic drinks market is worth $1070 billion and is growing at a compound annual growth rate (CAGR) of 4.4%. Online sales account for $40 billion and are growing faster than brick and mortar sales.

Shrinkage 52

Shrinkage Inventory Management Payment Services Point of Sale 52

Retail TouchPoints

JULY 2, 2021

Following the murder of George Floyd in May 2020, brands and retailers were eager to show solidarity and support. – Claire Waugh, VP, LEGO Retail Marketing Group, LEGO Group, from the session: LEGO, Tailored Brands and PepsiCo on the New Connected Economy. “In THEME 3: Changing Corporate Culture.

Merchant Services 183

Merchant Services Customer Experience Marketing Consumer 183

Wiser

JUNE 14, 2018

Instead, in-store research depends on a small sample size picked to represent the customer experience across the fleet. However, factors like location and store type cannot always be accounted for with a smaller sample size. Fifty-five percent of shoppers say retail experiences are disconnected across different channels.

Shopping 106

Shopping Merchant Services Customer Experience Marketing 106

Retalon

DECEMBER 8, 2021

An accurate forecast must account for how relevant factors will affect each SKU at the store level. Manually computing this much data is impossible, but retailers can use advanced analytics tools to get an optimal forecast in minutes. Unfortunately, a host of factors can make past sales history a poor indicator of future sales.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

I Vend

APRIL 22, 2024

In a survey of 10,045 consumers, 95% said their ‘most used electronic device’ was their smartphone, and sales account for half of the trillion dollars revenue in 2024. For retailers selling consumer electronics, there’s opportunity, but there are still challenges, including: • Stock planning – Consumer electronics moves fast.

Thrift Store 52

Thrift Store Point of Sale Inventory Management Returns 52

Retail Next

SEPTEMBER 17, 2019

Social media might be the largest and most powerful marketing space in the digital world. A few business accounts have taken to humor in combination with content marketing. They joke about the advertising process, make fun of the fact that they are marketing to a consumer and the bias companies have about their own products.

Marketing 52

Marketing Advertising Customer Experience Accounting 52

Retail TouchPoints

OCTOBER 22, 2021

currently Amazon captures just 1% of the worldwide retail market. Despite all the talk of the rise of ecommerce, most retail in the U.S. after Walmart), and it far surpasses the big box retailer if one takes into account the additional 1.8 SMB exports on Amazon accounted for more than $2.2 million U.S.-based

Fulfillment 219

Fulfillment Management Accounting Marketing 219