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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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Melbourne homewares brand Fenton&Fenton enters liquidation

Inside Retail

Established in 2008 by Lucy Fenton, the brand sold homewares, furniture and artwork through its physical store in Prahran, Melbourne and online. It ships across both Australia and New Zealand. According to 7News , several consumers have expressed concern regarding their orders since the company entered liquidation.

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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. It’s estimated that UK homes contain 1.6

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Culture Kings to revamp new retail concept store

Inside Retail

For a male consumer, that’s what I feel is very potent. Established in 2008 as a premium streetwear brand with a wide range of genres, styles and cultures, Culture Kings has stores in Australia, New Zealand and now the US, and ships worldwide from its online store. .

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Amazon, Target, Macy’s Plan to Hire Combined 388,000 Employees for the Holidays

Retail TouchPoints

including Amazon , Target and Macy’s , have announced their plans for holiday hiring, but all told this season may see one of lowest levels of seasonal hiring since 2008 , according to report by Challenger, Gray & Christmas shared with Reuters. Some of the biggest retailers in the U.S.,

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Chinese fashion retailer Shein revives plan for New York listing

Inside Retail

Shein, founded by Chinese entrepreneur Chris Xu in 2008, first started preparing for a US IPO about two years ago, but shelved the plan partly due to unpredictable markets amid rising US-China tensions, the sources said. The Nanjing-based company is one of the world’s largest online fashion marketplaces targeting overseas consumers.

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SHEIN’s Head of Strategy on Setting (and Achieving) Firmer ESG Goals

Retail TouchPoints

As its reach and impact in the fashion industry continues to grow, SHEIN is focused on righting the brand ship and zeroing in on its manufacturing and product development processes. Several projects are in motion, including SHEIN Exchange, a peer-to-peer resale platform that allows customers to sell their “pre-loved” SHEIN items.