26 February, 2019
A June report emailed to Retail Dive from Gartner L2 showed loyalty program increases across several different sectors, with launches reported in 2018 by 14.9% of department stores, 5.2% of specialty retailers and 5.9% of activewear retailers. There's still room for growth, though, according to a report from intelligence firm Beroe, which claims that the market will reach $201 billion by 2022. That report, which was emailed to Retail Dive, also notes "growing demand for customizable digital reward programs," in turn leading to higher costs for retailers.
Join us on Oct 6 for a webinar on Managing Inflation and Supply Shortages