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Stitch Fix Chief Merchant: The Style Forecast is ‘an Embodiment’ of the Brand Promise

Retail TouchPoints

The Stitch Fix Style Forecast has become so much more than a press campaign used to drum up buzz and consumer excitement before the New Year’s Eve ball drops. With our process, we try to understand what is influencing clients today, so we can think about the big themes that may carry forward into 2024.

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6 Trends Driving Store Design Innovation in 2024

Retail TouchPoints

After years of lockdowns and digital-driven behaviors, consumers’ actions have shown how crucial the store experience is to how they shop and interact with brands. For example, they need to support omnichannel services like BOPIS, ship-from-store and seamless returns. But underneath this positive blanket statement are a lot of nuances.

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From Product Descriptions to SEO: How Retailers are Putting Generative AI to Use

Retail TouchPoints

Be sure to check out our other stories on consumer attitudes toward AI and store design applications.] Source: Stitch Fix Meanwhile, other more technologically advanced merchants are doing it in-house. [Editor’s note: This is the third article in our series on AI in retail. Generative AI] is different.

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Jewelry Sales Increased Sharply in July, Survey Finds

VMS

grew for the 11 th consecutive month in July, according to Mastercard SpendingPulse , which measures in-store and online retail sales across all forms of payment. With more cash in hand—fueled in part by the Child Tax Credit and pent-up savings—consumers drove U.S. Consumers are shopping, spending and splurging across channels.”.

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How Visual Outfitting Helps Brands Create Inspiration at Scale

Retail TouchPoints

Enter visual outfitting, a tech-enabled strategy that transforms product catalogs or flat images into inspiring and personalized bundles and looks on product pages, grid pages and really anywhere site visitors are. When fully optimized, visual outfitting ensures retailers provide inspiration throughout the entire online customer journey.

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Retailers Sue Fed Over Failure to Follow Congress’ Direction on Debit Card Swipe Fees

VMS

(PRESS RELEASE) WASHINGTON — Retailers have filed a lawsuit seeking to have the Federal Reserve lower its 10-year-old cap on “swipe” fees banks charge to process debit card transactions, saying the agency wrongly applied federal law and that merchants have paid billions of dollars more than intended by Congress while banks’ costs have fallen.

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How Michael Ford pulled Greenlit Brands back from the brink

Inside Retail

Persuading the consumer that it’s going to take anywhere from 20 to 24 weeks for the goods to arrive, it’s a pretty rough discussion. Our view and the view of our merchants is that 2023 is probably when we will see it stabilise. She’s English and has a wonderful taste level and feel for the Australian consumer.

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