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Banner Black Friday Sales Bode Well for Holiday Season

Retail TouchPoints

on Black Friday according to Mastercard SpendingPulse , which measures in-store and online retail sales across all payment types. Online sales saw an even bigger bump, with Adobe Analytics reporting a new milestone for ecommerce on Black Friday as consumers spent a record $10.8 retail sales (excluding automotive) up 3.4%

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Exclusive: Klarna Adds Customer Perks with Gifting Platform Partnership

Retail TouchPoints

Digital shopping and payments app Klarna has partnered with the Nift gifting platform, offering Klarna users a choice of gifts at key points in the purchase cycle in categories including fashion, jewelry, restaurants, music and home goods. Consumers engage with the ad and make a considered choice between the gifts. Klarna users.

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Simon, Shopify Team Up to Help Digital Brands Enter Brick-and-Mortar Retail

Retail TouchPoints

Mens apparel brand True Classic and fine jewelry brand Ring Concierge are among the first companies to take advantage of the new offering. ” Building on Simons Omnichannel Efforts This latest partnership continues Simons ongoing efforts to help the brands in its malls and shopping centers adapt to changing consumer behaviors. .”

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Three trends shaping the luxury retails sector in 2025

Inside Retail

Despite modestly positive expectations for 2024, the luxury retail market did not pan out as merchants had hoped. Until recently, there didnt seem to be a limit to the price that consumers would pay for a luxury status symbol, such as a leather handbag. Despite the fact that we project a slight market-share decline in 2025 (to 24.8

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Loyalty, Love and Lifetime Value: The Mother’s Day Retail Opportunity

Retail TouchPoints

Jewelry, in particular, sees a surge, but consumers have options. Make life easier for Mothers Day shoppers by offering gift wrapping services or free shipping as a perk for top-tier members. Never Fully Dressed generates 32% of its total revenue from its loyal customers today, who are segmented into three tiers.

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Jewelry Retailers: Prepare Your Curbs, not Your Cases, for 2021

Retail TouchPoints

While certain ecommerce verticals saw mind-boggling sales increases in 2020, luxury goods, including jewelry, enjoyed more modest revenue boosts, according to Signifyd Ecommerce Pulse data. Upscale jewelry designer Gorjana, for example, saw 300% growth in 2020, with a 400% monthly increase in sales between April and May 2020 alone.

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Identifying the ‘Faces’ Behind Faceless Online Transactions

Retail TouchPoints

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. Because of this ease, merchants have begun relying on POS financing to drive sales growth. According to McKinsey, merchants face up to 2.4X According to McKinsey, merchants face up to 2.4X