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Back-To-School Spending Poised To Top $100 Billion Even Amid Disruption

Retail TouchPoints

Only consumers only had 17% of their shopping done by early July, and 54% said they held off on spending because they didn’t know what they needed. The most notable shift between the 2019 back-to-school season and today is the strong consumer preference for technology over traditional items like apparel and even school supplies.

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When Customers Aren’t Holiday Shopping, They’ll be Streaming

Retail TouchPoints

The winter holiday season is a critical time for retail. November and December holiday sales average around 19% of total retail sales, per the NRF , and this share can be even higher for some department stores and specialty retailers. Emarketer anticipates that holiday retail sales will grow 4.5% billion online!

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The Labor Shortage: Is Your Brand Simply Surviving or Thinking About its Long-Term Impact?

Retail TouchPoints

Now, most retail stores and restaurants are open again — but are they thinking about the long-term impact these changes will have on their brand, or are they still in survival mode? The past 18 months have seen a lapse in consumer confidence. This is in large part due to a rapidly compressed innovation cycle.

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US retailers’ members-only programs under scrutiny with Amazon lawsuit

Inside Retail

Amazon.com isn’t the only US retailer accused of using deceptive tactics to sell memberships to shoppers. From big-box chains Walmart and Best Buy to specialty retailers like Savage X Fenty and Adore Me, retailers’ subscription programs are facing growing scrutiny. The retailer reached a $2.35

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Luxury Lessons: What High-End Brands Can Teach Store Designers

Retail TouchPoints

Embrace the ‘Ceremony’ of the In-Store Experience During COVID-19 shutdowns, consumers quickly got used to browsing and buying online. Now that consumers have come back into the stores, everybody really wants an experience,” Plenert said. That’s free advertising.”

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Unlocking Retail Growth: The Power of Network Analytics for Strategic Insights

Retail TouchPoints

The retail landscape is transforming, driven by rapid technological advancements and changing consumer behaviors. Against this backdrop, network analytics emerges as a pivotal tool for retailers. Selecting the right tools : The market offers a variety of network analytics tools, each with its strengths and specialties.

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Retail Statistics You Should Know

Small Biz Trends

According to a report , small specialty retail stores have a market size of $33.4bn in the US. Want to know more about small specialty retail store businesses in the country? Organizing a retail event in a physical store can be a good way to pull consumers. The answer is a big resounding YES.