Fri.Jan 15, 2021

article thumbnail

CES 2021 Highlights: COVID-Accelerated Innovations, 5G and Privacy Issues Dominate

Retail TouchPoints

The first-ever all-digital CES 2021 welcomed 2,000 exhibitors that unveiled next-gen innovations across a variety of sectors, including almost 700 startups from 37 countries. Owned and produced by the Consumer Technology Association (CTA) , the virtual event featured product launches from startups to tech giants, keynotes from global industry leaders, live entertainment from Hollywood and more than 100 hours of conference programming. .

Consumer 312
article thumbnail

4 Trends to Watch in 2021

Retail Eye

This piece was partially adapted from excerpts from our new book, Global Retail Trends and Innovations 2021, written in partnership … Continue reading →

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Petco IPO Puts Retailer’s Value at $6.4 Billion

Retail TouchPoints

Petco debuted its IPO at $26 per share on Jan. 14, 44% above its expected price of $18 , according to CNBC. The stock reached $29.40 by closing, putting the company’s market value at $6.4 billion. The pet retailer released 48 million shares of Class A common stock and gave underwriters a 30-day option to purchase up to an additional 7.2 million shares of its Class A common stock.

ATS 286
article thumbnail

4 Trends to Watch in 2021

Retail Eye

This piece was partially adapted from excerpts from our new book, Global Retail Trends and Innovations 2021, written in partnership with the Ebeltoft Group, a network of global retail advisors dedicated to bringing you the best of the best. In 2020 the world was turned upside down. The COVID-19 pandemic led to major shifts within […].

article thumbnail

Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

article thumbnail

The Most Important Retail Metrics to Leverage in 2021

Retail TouchPoints

The most successful retailers and ecommerce businesses track metrics to make better decisions on inventory, launch dates and cost of products. A closer look at these metrics allows you to revisit your business strategy, sharpen the systems you have in place and increase sales. But when looking at these numbers, the excess data can feel overwhelming, so we’ve rounded up the most important retail metrics to leverage in 2021.

article thumbnail

4 Trends to Watch in 2021

Retail Eye

This piece was partially adapted from excerpts from our new book, Global Retail Trends and Innovations 2021, written in partnership with the Ebeltoft Group, a network of global retail advisors dedicated to bringing you the best of the best. In 2020 the world was turned upside down. The COVID-19 pandemic led to major shifts within […].

More Trending

article thumbnail

The 30 most shocking retail fails of 2020 – who will be next?

Retail Technology Review

2021 has kicked off with non-essential stores closed once again and more big-name retailers struggling for survival. The home delivery expert ParcelHero reveals the 30 biggest names to fall into receivership in 2020 and warns that, unless stores get to grip with e-commerce, this could be just the tip of the iceberg.

28
article thumbnail

Best Buy CEO at CES 2021: ‘Agnostically Meet the Customer Wherever They Are’

Retail TouchPoints

Delivering a virtual keynote address at CES 2021 , Best Buy CEO Corie Barry provided details on how the tech retailer adapted during the pandemic with Alan Murray, CEO, Fortune Media Corp. Barrie discussed the retailer’s pivot to retailing at curbside , shifting product demand and the importance of diversity and inclusion. When the pandemic first hit, Best Buy saw three things immediately: The brand’s philosophy of enriching lives through technology instantly became the reality for every single

ATS 239
article thumbnail

Changing shopping habits due to lockdown love

Retail Technology Review

Bargain-hunting Brits have been saving cash while spicing up their love lives – with discount codes for adult toys hitting record highs during lockdown.The number of randy shoppers logging on to discount site NetVoucherCodes.co.uk to save cash on adult products was up by almost two thirds in 2020 compared with the previous year, according to new data.