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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. 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. I don’t think you need to be in the local boring shopping centre, but if you can be in those iconic places and create the right state for the shopper, you can create a true brand experience,” Beard told Inside Retail in an exclusive interview earlier this year. .

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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., The holidays are one of Macy’s, Inc.’s

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Can anything take the Shein of China’s e-commerce titan?

Inside Retail

When the Nanjing-based company was established, in 2008, it was labelled a discount brand, selling ultra-cheap, of-the-moment fashion. Over the course of the pandemic, Shein has doubled its revenue to US$10 billion and dethroned Amazon as the top shopping app in the US. billion). a consulting firm based in Hong Kong.

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Does Buying Local Have A Positive Impact on the Planet?

Independent Retailer

As sustainability continues to grow in popularity, the new buzz around the block is that ‘buying local’ and ‘shopping small’ is better for the planet — but is this really true? Most of that transportation takes place by ship. Second Hand Shopping Gaining Popularity. and “Do you know the scope 1 carbon footprint?”

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Why the US baby formula shortage is deja vu for Aussie brands

Inside Retail

While the sector was already struggling to get products onto shelves due to supply chain issues, the situation quickly spiralled when Abbott Laboratories was forced to shut its Sturgis, Michigan, manufacturing facility in February after four babies consuming its formula developed bacterial infections – leading to two deaths.

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