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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

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Wrangler, M&S, Anthropologie and More Mark Earth Day with New Sustainability Initiatives

Retail TouchPoints

In fact, 51% of consumers said they would be willing to pay more for products shipped through sustainable methods, up significantly from just 15% of consumers in December 2023, according to a new survey from Radial. It’s estimated that UK homes contain 1.6

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Who could replace Sharon White as the next John Lewis Partnership chair?

Retail Gazette

Archie Norman Archie Norman has spent the last six years overseeing food and fashion group M&S’s turnaround plan as it looks to re-establish its brand, win back consumers and return to profit. Perhaps with M&S now motoring, Norman might jump ship to see if he can perform a similar feat at its rival? Sound familiar?

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How to Make Your Business More Sustainable in 2021

Retail Focus

However, 2020 saw a 46 per cent growth in online sales – this being the greatest increase since 2008. While shopping from home is both convenient and less time consuming, from an environmental point of view, this is has caused some damaging effects to the environment. In 2019, physical stores were a £60.9 Pick your packaging carefully.

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Four Real-Life Examples Of How Agility Unlocks CX Innovation In E-Commerce

Retail TouchPoints

Consumers are getting harder and harder to impress. This not only improves the size selection process but minimizes the need for the shopper to go through unnecessary returns. But as Amazon proves, a great post-purchase experience — one that streamlines shipping and provides additional transparency — is a new area of focus.

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When digital becomes green and green becomes digital

Cisco Retail

Cisco started making public commitments to reduce our environmental impact in 2008 – and we’ve added to them ever since. We are working to reduce both the resources we consume and the waste we generate. We don’t charge for returns, and we reuse or recycle 99.8% Taking action. of the products we get back.

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More recessions lessons from Greenlit Brands, Camilla, Super Retail

Inside Retail

And below is part two, featuring advice from Greenlit Brands CEO Michael Ford, former Target Australia CEO Launa Inman and Camilla CEO Jane McNally about the lessons they learned during the Global Financial Crisis of 2008 and how they apply to the current environment. Michael Ford. CEO, Greenlit Brands.