article thumbnail

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.

article thumbnail

Melbourne homewares brand Fenton&Fenton enters liquidation

Inside Retail

Established in 2008 by Lucy Fenton, the brand sold homewares, furniture and artwork through its physical store in Prahran, Melbourne and online. It ships across both Australia and New Zealand. According to 7News , several consumers have expressed concern regarding their orders since the company entered liquidation.

Shipping 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Shipping 207
article thumbnail

Culture Kings to revamp new retail concept store

Inside Retail

For a male consumer, that’s what I feel is very potent. Established in 2008 as a premium streetwear brand with a wide range of genres, styles and cultures, Culture Kings has stores in Australia, New Zealand and now the US, and ships worldwide from its online store. .

Shipping 130
article thumbnail

Amazon, Target, Macy’s Plan to Hire Combined 388,000 Employees for the Holidays

Retail TouchPoints

including Amazon , Target and Macy’s , have announced their plans for holiday hiring, but all told this season may see one of lowest levels of seasonal hiring since 2008 , according to report by Challenger, Gray & Christmas shared with Reuters. Some of the biggest retailers in the U.S.,

Planning 227
article thumbnail

Chinese fashion retailer Shein revives plan for New York listing

Inside Retail

Shein, founded by Chinese entrepreneur Chris Xu in 2008, first started preparing for a US IPO about two years ago, but shelved the plan partly due to unpredictable markets amid rising US-China tensions, the sources said. The Nanjing-based company is one of the world’s largest online fashion marketplaces targeting overseas consumers.

Fashion 130
article thumbnail

Does Buying Local Have A Positive Impact on the Planet?

Independent Retailer

A study from 2008 found that you could likely only reduce your emissions by about five percent if you bought local food all the time, and the same can be said for general products found at your local grocers or mom-and-pop shops. Most of that transportation takes place by ship.