Retail Wire

JUNE 1, 2021

Teenagers are picking up jobs and, in many cases, higher wages as employers staff up to meet the demand caused by the return of regular pre-pandemic activities among consumers. The percentage of teens between 16- and 19-years-old is at its highest level since 2008.

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Returns Consumer ATS 100

Retail TouchPoints

MAY 8, 2023

According to research from Analytic Partners, 63% of marketers that increased their marketing investment during the financial crisis of 2008 generated a positive ROI. And this recommendation makes sense, as research from video creator Wyzowl found that 73% of consumers prefer to watch a video to learn about a product or a service.

Marketing 307

Marketing Returns Advertising Marketing Spend 307

Inside Retail

AUGUST 16, 2021

As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting). Founded in 2012, lingerie label Neiwai (meaning ‘inside and outside’) is another direct-to-consumer label that began online.

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Consumer Beauty and Health Fashion Accounting 130

Inside Retail

DECEMBER 11, 2023

Confirming the cost-of-living impact on retail spending attitudes this year, the latest Westpac Bank consumer confidence monitor shows Australians are as pessimistic currently as they were at the height of the Covid-19 pandemic and the global financial crisis of 2008. Short-term gain for long-term pain?

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Customer Experience Promotions Returns Shopping 147

Retail TouchPoints

AUGUST 25, 2021

The term rose to the surface last year as 2020’s unique confluence of events drove consumers toward shopping alternatives that were both environmentally friendly and economically feasible. The consumer is changing, the way that they purchase is going to change,” he said. “We In the retailX keynote session on Wednesday, Aug.

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Inside Retail

JUNE 30, 2021

million consumers each year. Burberry CEO Marco Gobbetti is departing from his role to return to Italy, where he will lead rival luxury goods group Ferragamo, according to a report from Reuters. Prior to Burberry, Gobbetti was chief executive of Moschino and Givenchy before holding executive positions at French brand Celine in 2008.

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Returns Management Consumer ATS 219

Retail Gazette

JUNE 23, 2023

for the four weeks to 11 June 2023, it remains sixth highest monthly figure since 2008. May also saw a return to growth for fuel sales after a dip in April. Despite grocery price inflation falling to its lowest level this year , sitting at 16.5%

Outdoor 98

Outdoor Supermarket Consumer Returns 98

Inside Retail

JANUARY 10, 2023

billion in 2026, as consumers increasingly shift from offline to online purchases. BNPL services are gradually gaining prominence in Singapore, with a growing preference for flexible payment methods among consumers,” Neralla Rama Ravi Teja, a retail analyst at GlobalData, told Inside Retail. Rise of online payments.

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Inside Retail

JUNE 22, 2023

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

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Customer Retention Consumer Accessories Marketing 246

Retail Focus

OCTOBER 18, 2021

New Look first entered Liverpool ONE in 2008, launching its largest British store as part of the brand’s wider UK expansion, and the store has since gone from strength to strength. We also look forward to welcoming new shoppers to the brand to come and see our striking new store design and unrivalled product mix.”. Sales are up 7.4%

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ATS Fashion Returns Location 162

Retail Gazette

OCTOBER 5, 2023

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. Mark Price With John Lewis in peril, could we see Lord Mark Price return to the Partnership? Sound familiar?

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Supermarket Department Stores Grocer Returns 109

Small Biz Trends

JUNE 16, 2022

The organization warned that most countries are headed for a recession, with a possible return to stagflation. Consumer Spending. Current inflation rates have put a dent in purchasing power among consumers. This poses a risk for consumer spending as a whole. The 2008 Recession. In 2008, the U.S.

Consumer 98

Consumer Marketing Returns ATS 98

Independent Retailer

APRIL 28, 2022

The cost of just about every product and service is at their highest level since 1981 , and the ripple effect on businesses is that sales are slowing as consumers look for ways to cut back on spending and make do with less. Properly executed loyalty programs can help keep customers shopping, even in the face of wavering consumer confidence.

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Returns Customer Retention Promotions Consumer 52

Inside Retail

MAY 22, 2023

Among the most famous creations was a diamond-studded Black Diamond Fantasy Miracle Bra in 2008, worn by Adriana Lima. Another contributing factor to the termination of the fashion tour was its depiction of female sexuality, which – in the wake of the #MeToo movement – seemed outdated to a growing number of consumers.

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Fashion Boutique Returns Consumer 130

A1 Retail

APRIL 22, 2024

New M&S and Oxfam trial allows consumers to donate unwearable but too-good-too waste clothing, alongside their preloved wearable clothing, via a simple online postal donation service. WRAP, the climate action NGO, define wearable clothing as clean, dry, in good condition and ready to be worn by someone else.

Consumer 59

Consumer Planning Fashion Returns 59

Retail TouchPoints

MARCH 22, 2023

And it involves more than creating realistic visuals — it’s about knowing how to use multisensory design to appeal to consumers and convey a brand message. Fast forward to 2023 and consumers continue to crave meaningful emotional connections driven by multisensory experiences. 2008, April 8). Leonidas, H., & Palla, J.

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Advertising Promotions Consumer Marketing 266

365 Retail

SEPTEMBER 29, 2022

This is due to their risk averse nature after witnessing their parents suffer financial loss during the 2008 financial crisis. In order to reach these digital consumers, brands that are able to provide a social community as well as drive social causes dear to their hearts will come out as winners.” said Krista Nordlund.

Consumer 78

Consumer Accounting Promotions Fashion 78

Inside Retail

JUNE 8, 2023

McLeod drove change at UK supermarket group Asda in the UK ahead of its sale to Walmart, was chief merchandise officer and board member of Walmart Germany from 2000-01, led the turnaround of Halfords, the UK auto parts chain prior to its float – and then took the helm of Coles in Australia for five years from 2008.

Supermarket 238

Supermarket Beauty and Health Checkout Returns 238

Retail Focus

MAY 27, 2021

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

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Shipping Accounting Returns Consumer 130

Retail TouchPoints

JUNE 16, 2020

Rogoff say this recession will be the worst in 100 years, making the financial meltdown of 2008 feel like a “dry run” for what‘s in store for us in the coming quarters. Right now consumers aren’t feeling too maxed out. But first let’s start with the cold hard reality. Economists like Harvard’s Kenneth S.

Outdoor 256

Outdoor Apparel Shopping Returns 256

Retail TouchPoints

AUGUST 11, 2020

Consumers are getting harder and harder to impress. This not only improves the size selection process but minimizes the need for the shopper to go through unnecessary returns. The bar for what makes a standout customer experience (CX) is rising every year. The key is to never settle for the status quo.

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Customer Experience Shipping Returns Location 271

Inside Retail

AUGUST 25, 2022

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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Drop-Shipping Markdowns Management Shipping 130

Inside Retail

JULY 4, 2023

A new consumer behaviour trend has taken over social media that, ironically, is the complete antithesis of a trend. After falling off the radar for a few years, Richie returned to social media with a new look and persona that is a fundamental reason the quiet luxury trend is so popular.

Fashion 130

Fashion Shopping Returns ATS 130

Indigo 9 Digital

MARCH 9, 2023

Consumers love shopping online but what they really want is control. Be honest, before the pandemic weren’t you were part of the vast majority of consumers that had never tried curbside pickup? This service is also beneficial for consumers worried about their goods being stolen after they are dropped off. More than 1.7

Drop-Shipping 98

Drop-Shipping Advertising Fulfillment Consumer 98

Rangeme

NOVEMBER 26, 2021

Like Janet Jackson, more consumers are asking brands, “What have you done for me lately?” In the past three months, more than 80% of consumers purchased a different brand from the one they normally buy and 44% said they would repurchase the new brand even if the original preferred brand was available again. 1 Devenyns, Jessi.

Consumer 105

Consumer Customer Retention Shopping Fulfillment 105

Indigo 9 Digital

FEBRUARY 28, 2023

Luggage from direct to consumer brand Away By Tricia McKinnon The CEO of digitally native menswear brand Indochino said it right when he stated : “customer acquisition is the hardest part of running an online-only business.” Perhaps this will sound like a misnomer, but even direct to consumer retail businesses need brick and mortar stores.

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Advertising Returns Consumer Promotions 98

Inside Retail

OCTOBER 25, 2022

In 2008, they actually went into administration. The direct-to-consumer part of the business is the strongest and the fastest-growing now. IR: You recently announced plans to open a number of new stores in the US, UK, and Australia, marking your return to the Australian market as a stand-alone retailer.

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Wholesale Fashion Location Planning 243

Indigo 9 Digital

MAY 19, 2023

You can try to blame it on Shein but maybe Shein got the idea from Primark which has been in business since 1969 and Shein has only been around since 2008. This trend with retailers with ultra low prices succeeding is likely not going away as consumers struggle to make ends meet. Returns made in store are also free.

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Fast Fashion Advertising Returns Fashion 52

Cisco Retail

SEPTEMBER 16, 2021

Cisco started making public commitments to reduce our environmental impact in 2008 – and we’ve added to them ever since. We are working to reduce both the resources we consume and the waste we generate. We don’t charge for returns, and we reuse or recycle 99.8% Taking action. of the products we get back.

Shipping 144

Shipping Returns Consumer ATS 144

Inside Retail

APRIL 28, 2021

Ask any consumer to name a fast fashion retailer and they probably think of H&M, Zara or Gap. In 2008, he launched a fashion e-commerce site – She Inside – as a way to target consumers who were tired of waiting in lines in stores or unable to find their specific size. Shein hauls. The darker side of ultra-cheap fast fashion.

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Fast Fashion Fashion Target Market Consumer 162

Mass Relators

JUNE 14, 2023

Martin Guerrieria, Head of Kantar BrandZ, says “This year’s results – despite the fall in aggregate value – are, in fact, a continuation of the long-term growth trend for brands, which began following the global financial crisis of 2008 and continued up until the start of the pandemic in 2020. 76; +24% and Pepsi (No.91; 95), Sony (No.99)

Consumer 52

Consumer Marketing Advertising Promotions 52

Indigo 9 Digital

MAY 4, 2023

The areas where dollar stores have flourished are often known as “food deserts”, markets where consumers are many miles away from a grocery store or a big box chain such as Walmart but they still need a place to buy household items and food at affordable prices. Do dollar stores use savvy pricing tactics or do they mislead consumers?

Location 96

Location Shopping Consumer Planning 96

Indigo 9 Digital

SEPTEMBER 7, 2022

Then the COVID-19 pandemic hit and consumers around the world were forced to shop online sending digital sales to levels never seen before. While stores will always have value all brands are rethinking how best to serve their consumers digitally. Setting up a legal entity in China is time-consuming and difficult.

Boutique 98

Boutique Fashion Customer Experience Markdowns 98

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. Target’s All in Motion private label clothing brand By Tricia McKinnon One of the oldest tricks in a retailer’s playbook is to have a portfolio of great private label brands.

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Visual Merchandising Accessories Retail Trends Returns 52

Indigo 9 Digital

MARCH 28, 2022

If you didn’t return your movie rental on time you were charged a dollar a day. In 2006 Blockbuster launched a program called Total Access where online customers could return rentals to Blockbuster stores and in exchange they received a DVD rental for free all for one low flat fee. Poor execution.

Kiosk 122

Kiosk Returns Retail Trends ATS 122

365 Retail

MARCH 3, 2023

Worried customers have already made adjustments to shopping patterns as shop sales fell by record numbers both in December and across the whole of last year as consumers cut spending. But it is notable that the proportion of spending on promotions has recently fallen to its lowest level since 2008.

Promotions 57

Promotions Planning Marketing Supermarket 57

Retail Adventures

JUNE 6, 2021

Day by day, we stalk and study that most elusive of mammals: today's consumer. We speak, write, study consumers, and do a lot of store makeovers. The Great Recession of 2008 was tough for retailers and for our business, too, but we made it through. They want no-hassle returns and fair return policies.

Visual Merchandising 52

Visual Merchandising Payment Services Customer Experience Consumer 52