Inside Retail

JUNE 22, 2023

He believes that there are similarities between the current situation and the Global Financial Crisis (GFC) in 2008, with the rate of inflation more significant now. However, it’s more important than ever that claims are reinforced with evidence, with customer retention being critical in this economic environment.

Customer Retention 246

Customer Retention Consumer Accessories Marketing 246

Independent Retailer

APRIL 28, 2022

The United States’ consumption of candy increased sharply during the economic downturn that began in 2008. Cadbury’s profits went up 30 percent in 2008, Nestle saw an 11 percent growth that year, and The Hershey Company’s overall sales increased five percent a year from 2008 to 2010 during the worst part of the recession.

Returns 52

Returns Customer Retention Promotions Consumer 52

Rangeme

NOVEMBER 26, 2021

According to Bain & Company, a 5% increase in customer retention correlates with an increase in profit of at least 25%. 42 Interesting Stats about Customer Loyalty You May Not Know. Since the 2008 recession, consumers started to look for brands and products that offer better value for money. 5 Amaresan, Swetha.

Consumer 105

Consumer Customer Retention Shopping Fulfillment 105