Retail TouchPoints

SEPTEMBER 27, 2023

Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its millions of global merchants through a deeper integration between the two platforms. The size of Shopify’s stake in Faire was not disclosed.

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Inside Retail

NOVEMBER 10, 2022

Chemist Warehouse announced the launch of an online marketplace last week in an effort to expand its online presence in the pharmacy, health and beauty categories. Prescription medication will not be available through the marketplace at launch.

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Beauty and Health Health & Wellness Shipping Customer Experience 246

Retail TouchPoints

JANUARY 28, 2022

Today’s online shoppers have become accustomed to a wide selection of in-stock products at competitive prices that can be delivered in a matter of days. Kroger , Bed Bath & Beyond , Michaels , Hudson’s Bay and Macy’s are just a few of the retailers that have waded into the marketplace waters recently. It’s a high bar.

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Consumer Customer Experience Shopping Accounting 269

Inside Retail

JANUARY 23, 2024

Pureplay, listed online retailer Kogan said its gross sales fell in the first half of the current fiscal year amid inventory reduction as the company continues its evolution into a more light-capital business. Kogan’s gross sales fell 5.6 per cent year over year to $445.4 million in the first half ended December 31 last year.

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Retail TouchPoints

APRIL 1, 2024

This same barrier can exist for online shoppers navigating ecommerce sites in languages they don’t understand. Recent estimates forecast that nearly a quarter of global retail sales will come from online channels by 2027, so the ability to serve a multilingual customer base will be essential for businesses seeking global success.

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Customer Experience Clienteling Customer Retention Accounting 312

Retail TouchPoints

AUGUST 7, 2023

Digital marketplaces help you provide the personalization customers have come to expect, and in today’s crowded ecommerce space, the customer experience has never been more important. With a B2B or B2C marketplace, you benefit from an ecosystem of buyers and sellers. Global ecommerce sales are projected to exceed $7 trillion by 2025.

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Customer Experience Customer Retention Marketing Shopping 242

Retail Focus

MARCH 6, 2024

In the world of Mushroom Gummies , finding the best deals can be akin to discovering hidden treasures in a forest. From exploring online platforms to watching for seasonal promotions, we’ll equip you with the knowledge and tools to embark on your quest for the ultimate fungal feast without breaking the bank.

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Retail TouchPoints

DECEMBER 7, 2023

Wish’s goal for what it’s calling its new logistics-as-a-service (LaaS) product is to help merchants that don’t sell on Wish tap into the infrastructure the company has built for its own marketplace, enabling efficient shipping from Chinese manufacturers to points around the world. Enter a different race altogether. “As

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Merchant Services Shipping Consumer Shopping 266

Inside Retail

OCTOBER 2, 2023

checkout , a dedicated commerce content destination it believes will “address consumer needs” The marketplace features product reviews, recommendations and information to help shoppers make shopping decisions and find the best deals, said MD client product at News Corp, Pippa Leary. Leary said news.com.au News.com.au

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Retail TouchPoints

OCTOBER 31, 2022

GameStop ’s highly anticipated NFT marketplace is now live, offering GameStop players and Powerup Pro loyalty customers in the U.S. The new NFT marketplace is built on the blockchain platform ImmutableX , home to some of the biggest Web3 games of the moment, including Gods Unchained , Guild of Guardians and Illuvium.

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Promotions Management ATS Marketing 337

Retail TouchPoints

MARCH 21, 2023

The “new omnichannel” that retailers now aspire to includes not just stores and websites but also social media, search engines and perhaps most importantly, multiple online marketplaces. This was evident at Prosper Show in Las Vegas, March 13-15, 2023, an event originally developed for Amazon sellers.

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Retail TouchPoints

JANUARY 24, 2024

BigCommerce’s Global B2B Buyer Behavior Report highlights that 74% of B2B buyers now prefer online platforms for their purchasing needs. This trend requires businesses, particularly in ecommerce, to seamlessly blend their online and offline sales channels.

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Social Commerce Inventory Management Customer Experience Payment Services 251

Retail TouchPoints

MARCH 7, 2024

Michaels has launched a new brand campaign and in-store selling activation to shine a spotlight on its MakerPlace by Michaels online marketplace. We launched MakerPlace by Michaels with the goal of becoming the best place for handmade sellers and their customers,” said Ashley Buchanan, CEO of Michaels in a statement.

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Retail TouchPoints

FEBRUARY 14, 2024

It’s been more than four years since mall operator Simon launched its ecommerce joint venture with Rue Gilt Groupe , and the Shop Premium Outlets (SPO) marketplace is going strong. Retail TouchPoints: What makes SPO stand out in the sea of other marketplaces? For some brands SPO is the only place you can find this inventory.

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Shopping Fulfillment Advertising Location 210

Inside Retail

AUGUST 18, 2021

Barbeques Galore is looking to expand its range to areas outside of its traditional lineup through an upcoming third-party marketplace offering, bringing tableware, outdoor products, rugs, lighting, toys and yard games to the table: while driving online sales by a predicted 300 per cent.

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Retail TouchPoints

JANUARY 21, 2022

For the last 25 years, online marketplaces such as Etsy, Mercado Libre and Rakuten have been the go-to sources for consumers buying physical goods from creators. So how do online marketplaces begin fortifying their capabilities around foreign exchange, fraud and payments to cater to their clients’ evolving needs?

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Merchant Services Payment Services Consumer Management 257

Inside Retail

JULY 19, 2023

On day one of the Online Retailer 2023 conference, industry leaders came together to share insights into what the next stage of e-commerce will look like. While premium online opportunities exist, customers looking to spend a larger sum of money are more likely to go in-store to do so, Fox said. “I It’s not a free-for-all.

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Retail TouchPoints

SEPTEMBER 7, 2023

Yes, this is a vastly simplified summary of decades of digital and logistical innovation, but it’s also true — Walmart is unabashedly following Amazon ’s ecommerce playbook, right down to hosting a fanfare-filled event for its marketplace sellers. Marketplace will create more stories like Veronica’s. 13 and 14.) at the event.

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Fulfillment Advertising Customer Experience Marketing 312

Retail TouchPoints

OCTOBER 14, 2022

Established retailers exploring how a marketplace model would best fit into their business strategy have a common question — what’s the difference between dropship and marketplace fulfillment that utilizes third-party sellers, and how can it benefit their business? Differences Between Dropship and a 3P Marketplace.

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Fulfillment Management Accounting Retailing Pricing 278

Inside Retail

JANUARY 23, 2023

Administrators are recommending creditors wind up upmarket online furniture retailer, Brosa. E-commerce marketplace Kogan.com bought the business for $1.5 million relaunching the brand’s online offering and resolving unfulfilled orders where stock was in the warehouse. million and liabilities of $24.2 The offer of $1.5

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Retail TouchPoints

MARCH 2, 2022

Some retailers lament the woes of Amazon and other marketplaces cutting into their sales, profit, market share and valuation. Some retailers launch their own marketplace to become the disruptor instead of the disrupted. Retailers large and small have transformed their businesses with the marketplace business model and technology.

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Retail TouchPoints

DECEMBER 13, 2023

DTC brands Gilt Groupe , Stitch Fix and Casper have teamed up to create a new feed-based, discovery-driven shopping app called Yaysay that is designed to elevate and gamify off-price shopping online. Yaysay offers fresh deals daily, which is a fun and exciting way to find the best deals on must-have items.

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Retail TouchPoints

APRIL 5, 2024

Paramount is far from the only network looking to enter the realm of shoppable TV: In January, Disney debuted its first native streaming shoppable ad format called Gateway Shop ; NBCUniversal has been aggressively pursuing the idea with the debut of an integrated online marketplace and hundreds of shoppable TV experiences, as well as a recent tie-up (..)

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Advertising Shopping Consumer ATS 260

Inside Retail

APRIL 27, 2021

Woolworths has announced its intention to build a 22,000sqm online fulfilment centre located in Auburn, Sydney, which will facilitate up to 50,000 online orders per week. We’ve seen an extraordinary acceleration in online grocery shopping over the past year,” said Bardwell. “As

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Retail TouchPoints

OCTOBER 4, 2022

And before Poshmark , ThredUP , Facebook Marketplace and even eBay were a twinkle in their founders’ eyes, there was Goodwill. The digital online revolution has been happening for decades, but now the timing is great with the customer,” Kaness added in an interview with Retail TouchPoints. A Familiar Name in a New Space.

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Retail TouchPoints

JULY 7, 2023

As more direct-to-consumer (DTC) brands face heightened competition and rising cost-per-acquisition rates online, many have disinvested in their branded ecommerce experiences and doubled down on unique brand opportunities found on marketplaces like Amazon. For brands, that makes it much more difficult to stand out.

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Advertising Consumer Marketing Checkout 261

Inside Retail

FEBRUARY 19, 2023

On an investor call last Wednesday, Wesfarmers CEO Rob Scott was forced to explain the $108 million loss, including $33 million in restructuring costs, that the retail conglomerate booked at its off-price online retailer, Catch, in the first half of FY23. The competitors have taken all the best people.

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Retail TouchPoints

MARCH 23, 2021

Verizon Media — a division of Verizon Communications that includes AOL and Yahoo — will launch Yahoo Shops , a combination marketplace and advertising solution. The Yahoo Shops marketplace will feature a personalized digital storefront. Yahoo Shops is unique in that it is part of the larger Verizon digital media ecosystem.

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Merchant Services Advertising Payment Services Shopping 348

Retail TouchPoints

APRIL 4, 2022

Nutritional supplements retailer The Vitamin Shoppe is broadening its online product assortment through a new partnership with dropship and marketplace platform Logicbroker.

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Merchant Services Accessories Shipping Management 270

Retail TouchPoints

MARCH 28, 2023

The market is the best litmus test, and each business group and company can pursue independent fundraising and IPOs when they are ready,” said Zhang in an email to employees. This transformation will empower all our businesses to become more agile, enhance decision-making and enable faster responses to market changes.

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Retail TouchPoints

JULY 13, 2023

The Canadian marketplace has responded positively to JD, and we want to give customers who shop in-store and online the best possible cross-channel experience by leveraging leading technology that optimizes visibility, accuracy and speed,” said Gary Ochi, CEO of JD Sports Canada in a statement.

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Inside Retail

APRIL 9, 2024

With its recent acquisition of Singapore-based luxury resale business LuxLexicon, Carousell Group co-founder Marcus Tan said the company aims to create “the largest managed marketplace for authenticated second hand luxury bags where users can buy and sell with trust and convenience”. billion by 2026.

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Retail TouchPoints

JUNE 27, 2022

Retailers need to readjust their strategies business-wide as they prepare to meet empowered customers who have more choices than ever in a tough economy that’s giving them more reasons than ever to seek out the best price — wherever it may be. Marketplaces Forcing Retailers to Get Unique. The result?

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Customer Retention Promotions Consumer Fulfillment 260

Inside Retail

MAY 18, 2021

Australian discount department store business Best & Less plans to raise about $72.3 The IPO caps off a strong period of growth for Best & Less, which operates 246 bricks-and-mortar stores across the Best & Less and Postie chains in Australia and New Zealand, respectively. per cent of total sales. .

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Retail TouchPoints

FEBRUARY 25, 2021

Walmart will enable eligible BigCommerce users to sell products on the Walmart Marketplace. The retailer has been building out its online capabilities in multiple ways, including launching the Walmart+ service , expanding autonomous delivery pilots and creating new tech to make grocery delivery more convenient.

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Merchant Services Planning Management Shopping 182

Retail TouchPoints

JULY 5, 2022

One factor is that traditional retailers are struggling to find their niche in a changing ecommerce landscape that includes an ever-growing assortment of marketplaces and DTC offerings. Not only that, but online ordering for grocery is much more complex than the traditional ecommerce transaction.

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Retail TouchPoints

APRIL 8, 2022

Google is not a retailer or a marketplace, and it doesn’t want to be — the company is very clear about that. And yet the tech giant continues to roll out new features that feel very marketplace-esque. But there is one big difference between Google and the leading online marketplaces— Google offers all this to merchants for free.

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