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Are rental platforms making a fashionable comeback?

Inside Retail

Rent The Runway launched in the US in 2009, reaching unicorn status 10 years later. Rent The Runway had to pivot its value proposition after its stock dropped 90 per cent one-year post its IPO, and earlier this year Designerex went into voluntary administration before being acquired in July.

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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked. Choose a model that can scale with your growth trajectory.

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Subscription Pro Tips: Encourage Loyalty and Long-Term Relationships by Making it Easy to Cancel

Retail TouchPoints

That has not stopped consumers from subscribing though, especially with the rise of new takes on the model (box services, auto shipping and streaming TV, to name just a few). The average U.S. consumer spends $219 a month on subscriptions, according to a recent study from C+R Research. Four Steps to Subscription Success. “The

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More recessions lessons from Greenlit Brands, Camilla, Super Retail

Inside Retail

Some of these retailers have gotten into trouble because they foresaw the challenges of the supply chain – the shortage of containers and container ships – and they overspeculated on their inventory, which is just a gamble. Drop in exciting product regularly to encourage repeat traffic. Know your demographics. Do not go too basic.

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Combatting Waste in the CPG Industry

Rangeme

Since 2009, Waitrose has reduced its own-brand packaging by almost 45%. For its seafood, GIANT has transitioned to shipping products from suppliers in reusable plastic crates. We now have over sixty items shipping in the reusable crates,” says Flower. The company is now upping its focus on the removal of soft plastics.

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Bells of Steel and an Iron Will: How This Fitness Retailer Grew from $3M to $15M in 18 months

Retail Minded

Back in 2009, Khoozani was supplementing his business degree with a job in a Calgary fitness store when he noticed a lack of Olympic-level equipment, such as bumper plates and kettlebells. He dropped his plans for a corporate job, set up a BigCommerce e-store, took on a silent partner and hired staff. OLYMPIC VISION.

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6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

This service is also beneficial for consumers worried about their goods being stolen after they are dropped off. Lowest prices” came in second and “fast shipping” came in eighth place. Many consumers started shopping at these retailers during the 2008-2009 recession and kept shopping at these stores once the recession was over.