Trax Retail

AUGUST 23, 2023

Key performance indicators (KPIs) are the foundation of any successful retail marketing strategy. After setting specific, measurable, achievable, realistic, and timely goals and putting the right measurement tools in place, the marketing team charts progress based on goal forecasting and benchmark achievement over time.

Retail Marketing 40

Retail Marketing Marketing Advertising Shopping 40

Retail TouchPoints

JANUARY 25, 2022

As we navigate an interesting year of retail revival, now is the perfect time to make some small shifts and shrewd strides forward into 2022. Let’s dive into some small ideas that can help tackle big goals: 1) Think Big: Increase customer engagement with more interactive marketing. Act small: Use a QR code! The QR code is back.

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Management Marketing Customer Experience Inventory Management 245

Inside Retail

AUGUST 24, 2023

The brand also successfully entered the Hong Kong market four years ago. The story so far According to Tan, while every regional milk tea market has its own tastes and preferences, Thai milk tea stands out for its distinctively strong flavour profile. The post Can Thai tea chain ChaTraMue burst the bubble tea market in Southeast Asia?

Marketing 130

Marketing Planning Consumer Location 130

Retail Next

SEPTEMBER 26, 2019

While it brings great opportunities for entrepreneurs, the stiff competition in the market, plus the enormous demand for high-quality service, make succeeding in this industry challenging too. That is why effective retail marketing is crucial. Consumers prefer to shop from brands that provide relevant content and services.

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Retail Marketing Marketing Customer Retention Promotions 52

Inside Retail

MAY 7, 2023

The 7-Eleven Holdings board’s decision to seek a buyer for its network of about 750 retail outlets continues a seismic restructuring of the convenience retail market in Australia. The decision by the leading retail franchisor and Australia’s largest private company in fuel sales should have caught no one by surprise.

Marketing 147

Marketing Supermarket Wholesale Planning 147

Inside Retail

APRIL 14, 2024

So, it came as a surprise to some when the LVMH-owned retailer announced on its Korean social media accounts that it would be gradually terminating all its operations in South Korea, including its app, online store, and physical stores, beginning May 6. billion in 2022, making the country one of the top 10 beauty markets in the world.

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Location Department Stores Consumer Marketing 130

Retail TouchPoints

APRIL 15, 2024

In today’s retail industry, marketers are under tremendous pressure to hone their strategies in order to elevate their digital presence above that of competitors. It’s crucial for retail marketers to adapt accordingly. Fortunately, retailers can learn valuable lessons from the most digitally sophisticated retail brands.

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Sporting Goods Management Marketing Consumer 130

Inside Retail

SEPTEMBER 17, 2023

Brands that had previously relied on bricks-and-mortar sales had to accelerate their e-commerce strategies, TikTok became an extremely effective advertising and marketing tool, and certain retail categories like travel retail saw their sales drop virtually overnight. The market is expected to grow to US$126.48

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Location Retail Marketing Marketing Accessories 130

Inside Retail

OCTOBER 26, 2023

The retailer has been testing out this smaller store format, initially dubbed Market by Macy’s, though it is slowly being phased back to Macy’s, for around for four years to a fairly positive outcome. What’s going on with Macy’s? The first Macy’s opened in October 1858. per cent year-over-year to US$5.1

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Department Stores Fashion Grocer Location 245

365 Retail

JULY 18, 2023

Today Claire’s Holdings LLC announces continued expansion within the European retail market, bringing the fashion accessories powerhouse to even more consumers across the globe. Claire’s opened its first Italian store in November 2012 in Milan and today has more than 40 stores open within the market.

Marketing 52

Marketing Fashion Accessories Location 52

Retail TouchPoints

MAY 1, 2023

Here are four important fundamentals these retailers will need: Establish a core business advantage; Tie your advantage to a clear value proposition; Get your customer acquisition costs (CAC) and LTV in order; and Map a path for expansion and diversification. The most notable shift has been in VC’s emphasis on direct-to-consumer (DTC) brands.

Beauty and Health 217

Beauty and Health Consumer Health & Wellness Department Stores 217

Inside Retail

OCTOBER 16, 2023

Even if only a fraction of these users convert into consumers, it spells immense profitability for retail brands. This is precisely what direct-to-consumer (DTC) brands have been capitalising on in recent years. While bricks-and-mortar stores still dominate the retail landscape, online retail is on the rise.

Supply Chain Management 130

Supply Chain Management Beauty and Health Consumer Fashion 130

Retail TouchPoints

JULY 20, 2023

Retail marketing lives and dies by one main principle: the voice of the brand. Retailers understand the importance of a distinct brand voice and how that connects to long-term customer loyalty — but generative AI is changing the game. We all know personalization is not new to retailers.

Outdoor 148

Outdoor Marketing Consumer Retail Marketing 148

Retail TouchPoints

SEPTEMBER 29, 2023

With our Editor’s Perspectives column, you’ll get insights and opinions from the Retail TouchPoints editorial team as they dig into the latest trends in retail, marketing and tech. Indeed, retail is one of the least consolidated industries in the U.S. Amazon: Not a Monopoly but Acting Monopolistic?

Advertising 258

Advertising Fulfillment Customer Experience Marketing 258

Inside Retail

NOVEMBER 13, 2023

The retailer also expanded its vision centres and pharmacies with private screening rooms, and placed digital touchpoints throughout the store to provide information of products and services. And it added new “dollar shops” for consumers to pick through seasonal, more affordably priced items.

Consumer 246

Consumer Shopping Location Accounting 246

Inside Retail

FEBRUARY 21, 2023

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard. Even prime locations, local partners, name recognition and often a portfolio of new merchandise brands haven’t kept Australia from becoming a dead end for some major international retailers.

Department Stores 245

Department Stores Marketing Supermarket Location 245

Retail TouchPoints

MAY 1, 2023

Here are four important fundamentals these retailers will need: Establish a core business advantage; Tie your advantage to a clear value proposition; Get your customer acquisition costs (CAC) and LTV in order; and Map a path for expansion and diversification. The most notable shift has been in VC’s emphasis on direct-to-consumer (DTC) brands.

Beauty and Health 179

Beauty and Health Health & Wellness Department Stores Returns 179

Retail TouchPoints

MARCH 30, 2023

The virtues of composable commerce and the emerging possibilities of generative AI were key themes of this year’s Connected Consumer Series , Resilient Retail: How Efficient, Effective and Engaging CX is Fueling Growth. Retailers] have to get their transaction engines to the cloud to achieve those visions.”

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Point of Sale Checkout Consumer Promotions 268

Inside Retail

JUNE 28, 2021

Consumers now expect retailers to engage them whenever and wherever they want, with a shopping experience tailored to their individual needs. To do so, marketers are leveraging more data, technologies, and channels to create this type of relevant and customised customer journey. And consumers can feel it.

Customer Experience 221

Customer Experience Customer Retention Payment Services Advertising 221

Inside Retail

JUNE 29, 2021

Retail marketing has evolved over the last few years. While advances in technology have allowed for more personalisation and better shopping experiences, the way consumers shop – both online and in-store – has changed significantly and the lines between the digital and physical world continue to blur further.

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ATS Marketing Location Shopping 246

Inside Retail

FEBRUARY 27, 2024

With the closure of the underperforming stores, Macy’s explained it would be concentrating on luxury shopping offerings moving forward which includes opening 15 Bloomingdale’s stores and 30 Bluemercury cosmetics locations in the next three years. However, the legacy retailer’s reputation has been on shaky ground of late.

Department Stores 130

Department Stores Location Finance Planning 130

Retail TouchPoints

JUNE 1, 2022

Consumers are learning that the prices retailers charge for items purchased online are actually higher, and delivery to home can come at a cost of $15 to $20 all in. And with that diminished outlook, the market valuation of companies like Instacart, DoorDash, Uber and others have all dropped precipitously in the past months.

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Checkout Location Shopping Consumer 294

Inside Retail

APRIL 22, 2021

Now more than ever, it’s critical to understand the latest consumer expectations — and be ready to adapt. Direct-to-consumer selling. Around the world, direct-to-consumer (D2C) brands are becoming mainstream — and they’re causing a major shift in where, when and how shopping is done. Fulfilment of the future.

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Fulfillment Beauty and Health Advertising Accounting 299

Inside Retail

SEPTEMBER 6, 2023

When you think of burgeoning retail markets, antacids may not be the first one that comes to mind. However, according to global market research consulting firm Market Data Forecast, the North American antacids market was valued at US$5.38 per cent to US$6.37 billion by 2028.

Consumer 130

Consumer Marketing Location Retail Marketing 130

Inside Retail

APRIL 16, 2023

The global denim brand recently opened its largest brick and mortar location in India’s Bangalore. Another milestone According to Jain, the opening of its latest store in Bangalore is another ‘proofpoint’ of its direct-to-consumer strategy and another opportunity to deliver memorable brand experiences to consumers in an immersive manner.

Point of Sale 130

Point of Sale Wholesale Consumer Fashion 130

Retail Focus

JUNE 10, 2022

The announcement comes close on the heels of global fashion brand New Look choosing The Boulevard as the location for its first ever outlet store, which opened in February, and kate spade new york opening its first store in Northern Ireland there last month. .

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Location Planning Fashion Consumer 147

Retail Next

OCTOBER 15, 2019

A great way to generate new and lasting business relationships is by exploring different marketing strategies, including video marketing. With video predicted to account for 80 percent of all web traffic by the end of 2019, the significance of this marketing tool for retailers cannot be overstated.

Marketing 59

Marketing Jewelry Shopping Promotions 59

Retail Focus

JUNE 1, 2021

Situated at the exit to the A2 Cernica motorway, 25 minutes from the city centre and 45 minutes from Henri Coanda International, FASHION HOUSE Pallady is easily accessible to the City’s two million residents as well as its growing tourism market with parking provision for more than 300 vehicles.

Fashion 162

Fashion Retail Marketing Marketing Shopping 162

Retail TouchPoints

OCTOBER 28, 2022

In today’s competitive and connected retail market, one mistake or delay can result in losing ground to a competitor. One of the most powerful tools you should implement to ensure your long-term success is a retail Enterprise Resource Planning (ERP) system. What is a Retail ERP System?

Supply Chain Management 253

Supply Chain Management Inventory Management Management Accounting 253

Inside Retail

OCTOBER 11, 2023

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. The history and growth of DTC In the 2010s, early digital-native vertical brands (DNVB) such as Warby Parker and Glossier gained a lot of attention for their use of technology to reach consumers online.

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Dead-Stock Consumer Kiosk Inventory Management 130

Inside Retail

APRIL 2, 2024

However, Venus et Fleur’s latest location, the luxury gifting brand’s 10th store, at the River Oaks District shopping complex in Houston, Texas, makes the case for bringing back a bold aesthetic. In addition to the Miami location, the brand has plans to launch another US store in New York City’s SoHo later this year.

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Boutique Jewelry Location Fashion 100

Retail TouchPoints

JULY 17, 2023

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 billion in 2022 and is expected to grow at a CAGR of 28.4%

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Payment Services Checkout Inventory Management Customer Experience 223

Inside Retail

SEPTEMBER 11, 2021

Here, we chat with Missfresh about how the DMWs operate, how it’s digitalising fresh markets and its plans for the future. Our DMW model offers an innovative solution to the growing consumer demand for high-quality product offerings and timely delivery, leveraging technological innovation. In June, the brand went public on the NASDAQ.

Payment Services 130

Payment Services Merchant Services Fulfillment Marketing 130

Inside Retail

MAY 25, 2023

Representing about fashion 25 brands – including Clarks, Volley and Shoes & Sox – Brand Collective has dipped a toe into the premium retail market through Replay , an Italian denim brand it brought on board last year. However, Morris said that Canada Goose is its first foray into luxury retail. “We billion(about A$2.93

Fashion 130

Fashion Boutique Planning Marketing 130

Retail TouchPoints

MARCH 31, 2021

Nowhere is that more true than the retail market, which has seen a fundamental shift among consumers in the wake of the pandemic. The question is: are retailers ready to handle it? found that nearly 70% of consumers intend to continue buying online for store pickup. They say you can never go back.

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Consumer Inventory Management Boutique Management 314

Retail TouchPoints

MARCH 23, 2023

Email is one of the oldest and most established marketing channels, but that doesn’t mean there aren’t still improvements to be made — or fresh opportunities to be found. So to be able to have something that you control, that is your audience that has opted in to hear from you , is very different and inherently valuable.”

Marketing 269

Marketing Promotions Jewelry Management 269

Retail Next

JANUARY 23, 2020

Just because people are spending more time online, however, doesn’t mean non-Amazon retail businesses aren’t viable. In fact, the internet is crucial to the success of all retail businesses. . Forty percent of consumers buy more from retailers that provide a personalized shopping experience across digital and in-person channels.

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Marketing Promotions Shopping Finance 52