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Walmart Plans to Bring Automation to 65% of its Stores by 2026

Retail TouchPoints

Walmart plans to introduce automation at nearly two-thirds of its stores and aims to have approximately 55 % of its fulfillment center volume move through automated facilities by the end of fiscal 2026. Expected benefits include improvements to in-stock rates , inventory accuracy and flow across stores, pickup services and delivery.

Planning 205
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Post-COVID Shopping Center Strategies: ‘Digital Districts’ and Landlord-Tenant Collaboration

Retail TouchPoints

While digital sales skyrocketed in 2020, the similarly large spike in store-based fulfillment showed that stores are still a vital part of the equation. They wanted to get out and didn’t linger in stores, or walk around aisles or window shop. I think you’re going to have a lot more of that once people return.

Shopping 245
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How a Reactive Omnichannel Strategy can Help you Capitalize on Reactive Buying Trends

Retail TouchPoints

Having grown up as internet natives, Gen Z is said to be more desensitized to traditional advertising. Many retailers are needlessly accepting shockingly low conversion rates when stronger ecommerce strategies could be driving much higher returns, without the need to invest more into campaigns or advertising.

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Walmart outlines growth strategy

Mass Relators

Company leaders are presenting a roadmap for how investments centered around people and leveraging a state-of-the-art integrated supply chain network are delivering a leading omnichannel experience and driving top-line growth, margin expansion and an improved return on investment. they make the difference.”

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NRF 2023 Spotlights Profitability, Workforce Enhancements and Media Network Opportunities

Retail TouchPoints

Profitability is the Name of the Game Retailers will be looking for strong returns on investment throughout the enterprise, which means potentially putting projects with a longer-term payback — like the metaverse — on the back burner. Onsite advertising makes up 40% of our investment; 60% is off-site advertising.

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How True Classic is Bringing its Digital Strengths into the Physical World

Retail TouchPoints

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.

Apparel 182
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3 Mistakes for Brick-and-Mortar Retailers to Avoid

Retail TouchPoints

With COVID-19 infection rates hitting and even exceeding their previous peaks, it is likely we’ll see the return of stricter quarantine orders and accompanying business restrictions on in-store activity. Consumer demand for delivery has grown dramatically since the start of the crisis.