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As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’ve been shaped/scarred by not one but two global economic traumas — the Great Recession of 2008-2009 and the COVID pandemic — and they’ve grown up with social media playing an increasingly large (and loud) role in shaping culture, including how these consumers shop, research and purchase products and services.

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EuroShop 2023 Preview

Retail Focus

Taking place in Düsseldorf from 26 February to 2 March, EuroShop will provide a platform for over 1,700 exhibitors from 56 nations to showcase their latest developments and innovations in the retail industry. Food Service Equipment will be displayed in Hall 14. 1966-1972 EuroShop held every two years.

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The Signs of Bad Shopping Experiences and How to Mitigate Them Using Digital Surveys

Retail TouchPoints

Shoppers are focusing less on loyalty and more on their experience, with half of them saying they would switch to a new brand after just one bad customer service interaction. However, if customer service is excellent, 78% of consumers will do business with a company again, even after a mistake.

Shopping 264
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How Hydra Health is Transforming the Hospital Gift Shop

Retail TouchPoints

“Our mission is to transform spaces that have traditionally been kind of an afterthought and turn them into beautiful, customer-centric and revenue-generating spaces, ” Kloor said in an interview with Retail TouchPoints. This approach] then ends up generating more revenue for the hospital.

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Un-learn to Re-learn. How the current retail environment is reconditioning consumer’s behaviours.

Retail Focus

A further change is the focus on contactless payment methods and self-monitoring options. Customers are now more comfortable with mobile payments or scanning items themselves, causing them to expect faster and more efficient payment experiences. This may require education or training in new technologies or payment systems.

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Sam’s Club to Test Digital-First Cashierless Store in Dallas

Retail TouchPoints

Indeed, the retailer has long served as a testing ground for new technologies and services, both for the club and its parent company Walmart. “It’s kind of the physical manifestation of a journey we’re trying to go on as a company,” said Sam’s Club CEO Chris Nicholas in the article.

Checkout 263
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Retail Technology Show’s 2022 Innovation Awards shortlist is announced

A1 Retail

The awards programme celebrates innovation and technological advancement that will revolutionise retailers’ operations. Blending off-line and on-line buying journeys seamlessly on one unified commerce platform, it enhances customer experience and ensures retailers never miss a sale.