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6 Paid Social Trends to Be Aware of in 2024

Retail TouchPoints

This steady growth is being driven by an increasing number of social media users (expected to reach 5 billion worldwide this year) and the emergence of the “creator economy,” with influencers playing a significant role in promoting and selling products to their audiences. trillion by 2026, more than doubling its current value.

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UPDATE: Target Adds Paid Loyalty Program, Plans 300 New Stores Over Next 10 Years

Retail TouchPoints

[Update from 3/6/2024] Over the next decade, Target plans to build more than 300 new stores and upgrade the vast majority of its brick-and-mortar fleet, with projects ranging from full remodels to adding Ulta Beauty locations, upgrading fixtures and supporting same-day services.

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Proximity retailing and current retail environmental paradoxes

Retail Focus

In an urban setting, “proximity” goes back to its golden age because customers find it more practical and suitable for shopping around the corner. In this context, a retailer provides door-to-door delivery services, at additional prices, to customers who are prepared to pay additional fees to have their purchases delivered to their door.

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Attracting, winning, and retaining a new breed of value-driven consumer

Inside Retail

Most consumers confirmed they have recently reduced spending across all categories, particularly more discretionary goods and services. In fact, consumers indicated that on average, they were reallocating approximately $450 per month, largely towards essential goods and services or savings.

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Winning With General Merchandise

Independent Retailer

Consumers are in the market for value, and smart wholesale companies provide independent retailers with product and pricing options that promote high profit margins, stimulate consumer interest, and enable brands to offer goods at bargain prices. Health & Beauty Products. Excellent Customer Service. Bargain Max, Inc.

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E-commerce teams: The unseen keys to success

Inside Retail

These ‘front-stage’ customer interactions are the surface layer of an interwoven chain of people and processes behind the scenes that contribute to creating a flawless customer experience (CX). The motivation of staff, the efficiency of internal processes and tools, and the company culture can make or break a brand experience.

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Hy-Vee adds two stores in Wisconsin

Mass Relators

A highlight of the format is a large, open food hall for fast-casual dining, including Hy-Vee’s expanded breakfast menu, a pub with full-service bar and outdoor patio, and mealtime offerings that range from Mia Italian to Nori Sushi, and from Market Grille to a Wahlburgers at Hy-Vee.

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