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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. Wrangler Looks to Reduce Reliance on Raw Materials Pieces from the second Wrangler Reborn collection.

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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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Interview: How Wish aims to compete with rivals Shein and Temu

Retail Gazette

The San Francisco-based platform shipped its vast array of discounted products straight from their factories. “[The However, its high was short lived when Shein, which launched in 2008, started to pick up momentum. . “What we’re continuing to do is innovate in the same way we did when we started,” he says.

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

Retail TouchPoints

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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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. Experience: I clearly remember the 2008 GFC. Michael Ford.

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6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

66% of consumers surveyed said “best value for money” keeps them returning to a brand, taking the top spot in terms of consumer preferences. Lowest prices” came in second and “fast shipping” came in eighth place. Core to any eCommerce business is website traffic that returns on a frequent basis.