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5 Ways Dollar Stores Make Money & Beat the Competition

Indigo 9 Digital

Even retailers like Trader Joe’s that sell merchandise at higher prices than dollar stores avoided offering eCommerce during the COVID-19 pandemic. Dollar General and Dollar Tree both have a relatively modest eCommerce offering preferring to have its customers shop at their stores. What’s the experience like to shop there?

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6 Ways Farfetch is Disrupting Luxury Retail

Indigo 9 Digital

Then the COVID-19 pandemic hit and consumers around the world were forced to shop online sending digital sales to levels never seen before. Farfetch, which launched its luxury goods online marketplace more than a decade ago in 2008, clearly had a vision of what online luxury sales could be before many woke up to this reality.

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Dollar Tree’s Strategy, 3 Actions its Taking to Stay on Top

Indigo 9 Digital

Raising prices not only allowed Dollar Tree to manage rising costs but it also allowed Dollar Tree to sell a broader range of merchandise, luring in new customers. Customers love shopping the best of Family Dollar and Dollar Tree in one easy-to-shop local store in their community. between 2008 and 2020. Assortment.

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6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

Since 90% of the United States population lives within 10 miles of a Walmart store this move has become a game changer for the retailer. Consumers love shopping online but what they really want is control. Consumers are looking for one stop shopping. What we are witnessing is a trend towards more convenient shopping trips.

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8 Reasons Why Blockbuster Failed & Filed for Bankruptcy

Indigo 9 Digital

If the deal went through Netflix would have managed Blockbuster’s online business. Amazon provided a more convenient way to shop but it was difficult for many companies at that time to see the potential of eCommerce. Netflix wanted to sell its company to Blockbuster for $50 million in 2000, yes this really happened.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Now popular online fashion retailers began to popup with ASOS launching in 2000, Boohoo and Fashion Nova launching in 2006 and Shein launching in 2008. One defining characteristic of these online retailers is that they are fast to market, so fast they are called ultra fast fashion retailers. Do you like this content?

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Fenty Beauty’s Growth Strategy: What You Need to Know

Indigo 9 Digital

Kendo was created in 2008 as an incubator by LVMH as a way to create brands that could be sold in LVMH owned Sephora. The bigger question is how did Rihanna manage to disrupt when others failed to barely innovate? If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox.