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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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eMarketer: COVID-19 Retail Recovery Will Take Longer Than ‘Great Recession’ Rebound

Retail TouchPoints

sales declining at an even higher rate, 10.5% , according to the latest forecasts from eMarketer. After the 2008-2009 financial crisis, it took the majority of affected markets approximately one year for retail sales to return to pre-crisis levels. trillion , 12% higher than its revised estimate of $23.36 trillion. “The

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‘An exciting way to test a new market’: More fashion brands turn to rental

Inside Retail

Fulfilment by GlamCorner now sees the platform handling the logistics of clothing rental on behalf of fashion brands, including warehousing, cleaning, shipping and returns, and giving brands their own rental stores, which they can embed in their e-commerce sites and promote to customers. Camilla targets teen ‘formal’ shopper.

Fashion 246
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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

As Robert Gilbreath, VP of Marketing at ShipStation, a web-based shipping solutions provider, puts it, “Compared to splashy marketing campaigns and new product features, shipping isn’t exactly the sexiest topic. Nate Gilmore, the VP of Marketing at Shipwire, Inc. , Nate Gilmore, the VP of Marketing at Shipwire, Inc. ,

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The collapse and rebirth of UK fashion giant Missguided

Inside Retail

Missguided, founded by Nitin Passi in 2009, shocked the retail industry after declaring that it had fallen more than £80 million ($136 million) in debt. Missguided’s former warehouse operator, GXO, has not guaranteed the fulfilment of any orders amid negotiations either. However, those days are long gone. Self-inflicted wounds.

Fashion 130
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eCommerce and its Profitability Issue. Why its So Hard to Make Money

Indigo 9 Digital

The irony of online shopping is that the most economical model for a retailer is when customers are not purely online shopping at all. If getting the order to you is expensive what about returns? This process of ordering and returning goods is very expensive. million on “refunds, returns, and discounts”.

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Inside the Online Bookstore Building a ‘Model for Small Businesses to Compete with Amazon’

Retail TouchPoints

Customers across the country are making a concerted effort to effort to return to their local bookstores , but when they can’t, they shop on Bookshop.org. We want to preserve a world where in 50 years you and your kids can still shop at your local bookstore, and the ecosystem around books can still be strong and thriving and balanced.”

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