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

Retail TouchPoints

As we grow, we will improve our operating margin through productivity advancements and our category and business mix, and drive returns through operating margin expansion and capital prioritization.” The event was held at the retailer’s Brooksville, Fla.

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

Retail TouchPoints

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. The digital natives benefit from a curated location tailored to their audience, while the mall can advertise a slate of cutting-edge concepts.

Shopping 259
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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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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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Report: Westfield Parent Aims to Sell its U.S. Mall Properties by Late 2023

Retail TouchPoints

The company plans to diversify its revenue streams with more advertising and brand partnerships once its debt has been curbed, and also will look into residential development in Europe. URW expects these combined strategies to help it return to its 2019 EBITDA by 2024. malls as prime targets. so why are you getting out of this?”

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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 198
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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.