December 29, 2023
Via: Retail TouchPointsThe humble sneaker has long been a staple item in closets everywhere for consumers of all ages. The consistent appeal of sneakers and sportswear has grown in recent times with customers, particularly from the Gen Z demographic, continuing to favor […]
Customer Engagement, Customer Experience
December 22, 2023
Via: Retail TouchPointsThe next era for retail is already underway, and it all starts with the simple but powerful scan of a code. Nearly 50 years ago, UPC barcodes changed the game for retailers everywhere, and now we’re on the cusp of […]
December 21, 2023
Via: Retail TouchPointsIt’s no secret that retailers and brands have become obsessed with driving conversion in their quest to recover the more than half of shoppers who abandon checkout before completing their purchase. After all, “conversion rate optimization” is one of the […]
December 21, 2023
Via: Retail TouchPointsThe holiday season brings joy, magic, beautiful decorations and a soundtrack of carols and standards that we revisit year after year. Sure, these tracks may get us in a festive mood, but for retail workers listening to them on what […]
Customer Engagement, Customer Experience
December 18, 2023
Via: Retail DiveYou’re already staffing up your store, stocking up on inventory, and putting up the decorations – it’s that time of year when all retailers are preparing for the holidays, and anxiously awaiting to see if they’ll get the expected influx […]
Customer Engagement, Customer Experience
December 8, 2023
Via: Retail TouchPointsFrom Barbie to the Super Mario Brothers movie and even the debut of Travis Kelce and Taylor Swift’s electrifying relationship, the last few months have been filled with pop culture moments that have captivated almost the entire world. Everywhere you […]
December 6, 2023
Via: Retail TouchPointsThe National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by […]
Customer Engagement, Customer Experience
November 30, 2023
Via: Retail TouchPointsTrue Classic’s use of the ParcelLab post-purchase experience and returns management solution has helped the T-shirt and activewear brand boost its email click-through rate (CTR) and open rate by 1.87% and 6.55% respectively compared to the brand’s previous provider. Additionally, […]
Customer Experience, Point of Purchase
November 29, 2023
Via: Retail TouchPointsWhen addressing concerns relating to homelessness, it’s generally considered critical that those engaging in these discussions take an approach rooted in empathy and understanding. After all, most of these individuals are regular citizens who have fallen on hard times — […]
Customer Experience, Point of Purchase
November 29, 2023
Via: Retail TouchPointsMalls were once the nucleus of “shopping culture.” They were core destinations for all things retail; where families spent hours on a free Saturday and where teens, hungry for independence, spent many Friday nights to build their social clout. But […]
November 20, 2023
Via: Retail TouchPointsRetail theft is on the rise, and many businesses are grappling with the financial fallout. In recent months, The Home Depot, Foot Locker, Target and other retail giants have suggested that shoplifting is cutting significantly into their respective profits. Dick’s […]
November 17, 2023
Via: Retail TouchPointsWhen customers place ecommerce orders, the last thing they want is an unhappy surprise. Shipping delays and stockouts lead to frustration and disappointment, especially when logistical problems impact time-sensitive purchases, such as special occasion gifts, event tickets or prescription medications. […]
Customer Experience, Point of Purchase
November 15, 2023
Via: Retail TouchPointsThe incoming adoption of augmented reality (AR) glasses has the potential to transform life as we know it — and that includes physical retail. Augmented reality is set to make the brick-and-mortar experience more personalized, immersive and efficient for retailers […]
E-payment & Data Security, Tech
October 30, 2023
Via: Retail TouchPointsAs we navigate the complexities of global commerce, the need for efficient and transparent international transaction methods becomes increasingly apparent. One such payment option that has demonstrated its effectiveness in streamlining these transactions is Dynamic Currency Conversion (DCC). DCC is […]
Customer Engagement, Customer Experience
October 17, 2023
Via: Retail TouchPointsPhone-based customer service, or voice, is well established as the most commonly used and the most tightly managed customer service channel. Entire service teams are dedicated to keeping down the high costs of phone support by practicing what the industry […]
Customer Engagement, Customer Experience
October 16, 2023
Via: Retail TouchPointsDespite a positive job market and a stabilized economic environment, most consumers (96%) are looking to save money in the short term, according to a recent study from PwC. But at the same time merchants’ margins are being squeezed, making […]
Customer Engagement, Customer Experience
October 13, 2023
Via: Retail TouchPointsHy-Vee is implementing Samsung Ads to support its retail media strategy. Brand marketing teams will now be able reach customers via Samsung Connected TVs, Direct Out-of-Home (OOH) advertising and now, in-store displays. With advanced measurement, targeting and programmatic transactional technology, […]
October 10, 2023
Via: Retail TouchPointsDespite global economic concerns, consumer spending has remained robust throughout 2023, and retailers are looking forward to a blockbuster Q4 full of holiday spending. That said, in a challenging economic climate the pressure is on to make the most of […]
October 6, 2023
Via: Retail TouchPointsWith the bustling holiday shopping season nearing, many brands have spent the last several months assessing their operational strengths and weaknesses, particularly in logistics and fulfillment. Oftentimes, these hinge on the synergy between a brand and its third-party logistics (3PL) […]
Customer Engagement, Customer Experience
October 6, 2023
Via: LightspeedMore time means more money. This is an adage that rings true in many walks of life, retail being one. More time spent in your store amounts to more money spent, right? Right. The Wall Street Journal reports that retailers […]