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

Retail Gazette

The US website shot to fame in 2018 for its cheap prices – and incredibly long delivery times – and quickly became the most downloaded shopping app worldwide, doubling its revenue that year alone to £1.5bn ($1.9bn). When it launched in 2010, Wish.com was the only manufacturer-direct discount shopping app on the market.

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

Retail Gazette

Potts joined the supermarket in 2015 after almost four decades at Tesco, where he started on the shop floor aged 16 and rose through the ranks to run its Asian operations. 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

This article highlights a few of my favorite moments in online shopping as a source of inspiration, and a challenge for all of us in the e-Commerce space to keep pushing the envelope on how we engage customers. This not only improves the size selection process but minimizes the need for the shopper to go through unnecessary returns.

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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. Today, with data analytics, shopping habits are far easier to assess.