Inside Retail

JUNE 22, 2023

He believes that there are similarities between the current situation and the Global Financial Crisis (GFC) in 2008, with the rate of inflation more significant now. Success] will be very much about stealing market share from competitors,” Brookes said. This, he said, is covering up volume decreases for retailers.

Consumer 246

Consumer Customer Retention Accessories Marketing 246

Independent Retailer

APRIL 28, 2022

The United States’ consumption of candy increased sharply during the economic downturn that began in 2008. Cadbury’s profits went up 30 percent in 2008, Nestle saw an 11 percent growth that year, and The Hershey Company’s overall sales increased five percent a year from 2008 to 2010 during the worst part of the recession.

Returns 52

Returns Customer Retention Promotions Consumer 52

Rangeme

NOVEMBER 26, 2021

While shifting consumer loyalty could represent a market threat to incumbent category leaders, “This is a huge opportunity for emerging brands,” said Jared Kligerman, Co-Founder, Wander Nut Butters. According to Bain & Company, a 5% increase in customer retention correlates with an increase in profit of at least 25%.

Consumer 105

Consumer Customer Retention Shopping Fulfillment 105