Inside Retail

SEPTEMBER 26, 2021

It took 70 years until they started accepting credit cards in Australia, but less than another 15 years for the beverage giant to announce, in June 2020, that their 2000+ vending machines across Australia and New Zealand would accept Bitcoin for payment. Bitcoin was the first major cryptocurrency, created in 2009.

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Merchant Services Payment Services Returns Consumer 246

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

Jewelry 40

Jewelry Specialty Store Point of Sale Inventory Management 40

Retail TouchPoints

NOVEMBER 9, 2023

Customers across the country are making a concerted effort to effort to return to their local bookstores , but when they can’t, they shop on Bookshop.org. Since it debuted in 2020, Bookshop.org (which is run as a nonprofit) has raised more than $28 million on behalf of independent book sellers in the U.S.,

Shopping 295

Shopping Fulfillment Accounting Promotions 295

Indigo 9 Digital

MARCH 9, 2023

By Tricia McKinnon 2020 is the year when the eCommerce narrative shifted in a major way. Walmart’s US eCommerce sales were up 79% in 2020 and were up 11.0% Consumers love shopping online but what they really want is control. The popularity of pickup services has challenged the notion of what consumers want from eCommerce.

Drop-Shipping 98

Drop-Shipping Advertising Fulfillment Consumer 98

Inside Retail

AUGUST 28, 2022

Missguided, founded by Nitin Passi in 2009, shocked the retail industry after declaring that it had fallen more than £80 million ($136 million) in debt. We consumed too much cash too quickly and we didn’t have the right people in the right roles.”. million in 2020. However, those days are long gone. million in 2019.

Fashion 130

Fashion Fast Fashion Returns Management 130

Rangeme

AUGUST 23, 2022

The consumers who throw it out of their car windows, certainly, but can we also point fingers at retailers and the CPG industry? And although consumers have become used to the convenience of plastic packing, it’s not their problem, Sutherland told RangeMe. The only way to seriously impact it is to take decisions away from the consumer.

Drop-Shipping 52

Drop-Shipping Shipping Consumer Returns 52

Inside Retail

JANUARY 18, 2023

Welcomed by some commentators, others questioned if the move might be counterproductive in closing the door on a valid channel that would allow consumers to repurpose used clothing, rather than consign them to landfills as waste. Fast fashion has no value, and even less in resale.

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Fast Fashion Fashion Promotions Apparel 130

Indigo 9 Digital

MAY 23, 2023

Back in the early 2000s Target was known for its cheap chic clothing but by the time the recession hit in 2008 and 2009 Target had lost its way. In 2020 Target launched another billion dollar brand called All in Motion a line of activewear and accessories which has already passed the $1 billion sales mark despite its short tenure.

Visual Merchandising 52

Visual Merchandising Accessories Retail Trends Returns 52

Inside Retail

AUGUST 25, 2022

Advice: Any CEO is measured by the profit margin they generate from the turnover of their inventory, so it’s critical to always measure your return on working capital. Liquidity was an issue, property prices dropped and with it consumer confidence and the Australian dollar dropped dramatically against the US dollar.

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Drop-Shipping Markdowns Management Shipping 130

Retail Geek

OCTOBER 4, 2021

Major disruptions to the supply chain, the last mille, and to consumer behavior as a result of covid, will make this year extremely hard to predict and manage for brands and retailers. 5:52] A kind of predictor of future spending is this this huge survey that University of Michigan does every month the consumer confidence index.

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Drop-Shipping Shipping Consumer Fulfillment 64

Retail Geek

MAY 13, 2021

Brad: [5:23] Yeah that sounds painful right now but the metaphor does suggest that at some point there needs to be Return of the Jedi. Scot: [5:18] Yeah you could you could squeak at work Trilogy out of this and maybe even a saga if you keep going.

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Fulfillment Advertising ATS Customer Experience 52