Companies using #circulareconomy models generate 32% more revenue on average than their traditional competitors. Read how #retailers@Ikea, @Selfridges, @Adidas and Sook have transformed their businesses to be more #sustainable in our latest report: https://t.co/qwNVpdkmNT
Do you think returns and deliveries should be free of charge? Free doesn't always build loyalty... and incentives like 'free for the first time' could even result in the opposite. Take a look at our latest blog: https://t.co/HWEQ6uBcqK #retailtech#cx#retailreturns
There were an estimated 350 stores globally in 2018 offering a fully autonomous checkout process, yet this number is forecast to increase dramatically with 10,000 stores anticipated by 2024. https://t.co/aejeM4JidS #unmannedstores#automation#futureretail
As we move closer toward the new age of #Web3 and the #Metaverse, it is inevitable that #CX is set to go through an exciting and futuristic evolution. https://t.co/l5jmF3Cit6
Placing a blanket charge for returns does not resolve the bigger issue e.g. production problems or misrepresentation... Handle your returns with tech to fix the problem at the source and reduce your number of returns in the first place. https://t.co/HWEQ6uBcqK #retailops#brands
#Sustainability has been a focus for several #DTC brands from day one, and that has helped attract younger consumers. But as these #brands look to scale, are their sustainability goals in jeopardy?
https://t.co/sPfF5Y2tPx
Zara recently announced the move to start charging its customers for returns. This sparked quite a bit of debate amongst retailers and some of the responses have given Fergal O’Mullane, CEO of Validify some food for thought. https://t.co/HWEQ6uBcqK #retailtech#retailops#brands
As concerns around personal finances rise globally, more shoppers face choices between what’s sustainable for the planet and what’s sustainable for their wallets. https://t.co/8auj8CzFNg #sustainableretail#costofliving#brands
Augmented Reality at its best! Ikea Kreativ’s Scene Scanner feature lets you scan a room using Ikea’s iOS app, erase your existing furniture, and then place virtual furniture in its place. https://t.co/4fKt1qz295 #AR#cx#retailtech
GUESS has adopted Matterport digital twins/AI to ensure store brand consistency and create immersive, virtual experiences for its employees, buyers, and wholesale partners. https://t.co/17vHgGqPap #retailtech#futureretail#digitaltwins
Energy price hikes, a decrease in customer spending, logistics havoc, and a raw materials increase are a few of the challenges facing retailers right now. The question is, how can you overcome them and even improve your operational efficiency? https://t.co/BIdHUzgEJe #retailops
Lenders and shareholders are tying #ESG concerns to the capital they invest. Meanwhile, corporate finance teams in #retail lag in leading on sustainability. https://t.co/DnctAq5zne
Unfortunately, ‘cheap’ and ‘convenient’ are often the culprits behind poor sustainability. Nonetheless, brands need to take responsibility for how they conduct their business both socially and environmentally. Read about the rise of the conscious consumer: https://t.co/PofawmQqQ8
An interesting article about 'Green Speed' (Sustainable and Fast Delivery). At the heart lies a multi-node store fulfillment model; where orders are fulfilled from multiple distributed locations rather than one single centralized location. https://t.co/BBHm4yKxxW #greenretail
Read about the 6 economical challenges facing #retailers and #brands today. Luckily, there are some innovative tech solutions out there to help your organization navigate this perfect economic storm and achieve operational efficiency! https://t.co/vmEArjB9a4 #retailoperations
Recent data shows that sustainability is still top of mind for #consciousconsumers and buying green remains a key differentiator for brands. It also looks at the #metaverse and consumer misunderstandings that could prove difficult for early adopter brands. https://t.co/dZc6B1IRcy
Google has launched two tools for fleets as companies seek more efficient home delivery options. So what could this mean for #lastmile for retailers in the future? https://t.co/5KTr3egoyU
#AI#futureretail#homedelivery
Shoppers continue to place fair deals, memorable experiences, & product variety at the top of their wish lists from #retail#brands. Here are the most pressing items that #consumers are seeking from brick-and-mortar organizations in the remainder of 2022: https://t.co/4xTOLoP6ig
21% #retail workers – and 31% of those working for the largest retailers – are planning to leave the industry because of concerns about finances, mental health, and the level of abuse they receive, a new study suggests. https://t.co/LwBSK7WGks #futureretail#retailstaff
New @ValidifyUK blog unpacks the turbulent retail environment, how this is impacting retail operations and how brands can avoid damage to their business by leveraging innovative technologies https://t.co/vlYu8St2ZU
An unprecedented combination of circumstances is culminating in a perfect storm for #retailers & #brands. See how some retail technologies could help you strike the right balance & maximise your operational efficiency. https://t.co/BIdHUzgEJe #retailops#retailtech#economicstorm