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Top Wish Execs Share Plan for Winning Back Consumers, Beginning with ‘Wishmas’

Retail TouchPoints

When Wish debuted in 2010 it took the U.S. Wish has been in the midst of a massive turnaround effort for more than a year now, and in summer 2022, the app reintroduced itself to consumers with a rebrand and major marketing blitz. And this is just the first of in a series of shopping events Wish has planned for 2023.

Planning 307
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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.”

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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

Larocque has spent more than 20 years with Burton, becoming SVP Operations in 2010. The second prong was replacing foundational systems, such as the company’s legacy enterprise resource planning (ERP) system. “It If a customer walks into a store and says, ‘My hands are full, ship it to me,’ that’s one experience we have to offer.

Planning 249
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Wish’s New CEO has his Sights Set on a Comeback — Here’s How He Plans to Do it

Retail TouchPoints

The very thing that helped it grow so large, so quickly — shockingly cheap products — was also what caused the platform to lose favor with shoppers when those products sometimes turned out to be cheaply made or deceptively marketed and took weeks to arrive. Here’s how he plans to do it. The Comeback: A Three-Part Action Plan.

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

Retail Gazette

Retail Gazette caught up with chief product officer Mauricio Monico on how it plans to compete with its Chinese rivals. Wish now sits in a highly saturated market – not forgetting about the biggest Chinese giant Alibaba – but its not looking to do “same thing, just a little bit better”, explains Monico.

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Why Retailers Need to Prepare for the Social Commerce Boom

365 Retail

Whatever we think of this phenomenon, it’s growing and it’s a reality that needs to be taken into account when planning and executing supply chain processes. Fourteen years later, however, 7 out of 10 do so, according to a study by Klarna.

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Fast fashion firms prepare for EU crackdown on waste mountain

Inside Retail

Within a year, the sorting centre run by garment re-use and recycling charity Moda Re plans to double the volume it handles to 40,000 metric tonnes annually. Precise data on the growth of clothing waste is scarce but collection for recycling and reuse increased gradually in several European countries from around 2010, a 2021 EU report said.