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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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Buy Now, Pay Later: The Gen Z Alternative to Credit Cards

Retail TouchPoints

This generation has taken to this payment option faster than any other, but looking at their history it is easy to see why. Gen Z has grown up with a steady decrease in the use of physical payment, coupled with major advancements in fintech. Late or missed BNPL payments have their own consequences. with Klarna.”.

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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

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. Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in.

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Walmart to recruit U.K. sellers to U.S. online marketplace

Mass Relators

Sellers approved to join the marketplace will be offered the services of a dedicated onboarding team, as well as access to powerful tools and services to help them rapidly scale up across the Atlantic, including the opportunity to get their goods to U.S. shoppers each month. customers within two days. The move to embrace U.K.

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Facebook Pay is Getting a Name Change

Small Biz Trends

Mark Zuckerberg recently announced that his business empire Meta is changing the name of payment app Facebook Pay to Meta Pay. All of your existing Facebook Pay information will still be there in the rebranded payment app, including account details, payment method and other settings. Facebook Pay is Getting a Name Change.

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Meet Gen Alpha, the kids and tweens already influencing purchase decisions

Inside Retail

At the time, the focus was on Generation Z, those born between 1995 and 2009. The last decade has seen the consumer landscape shift from mass market to personalisation and customisation, from a life of bricks-and-mortar shopping to online goods. Yet, a new generation was about to begin.

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State-by-state: The trading hours for the Queen’s National Day of Mourning

Inside Retail

For retailers, the Australian Retailers Association said it is up to each state and territory to clarity its trading conditions for the one-off holiday — so it’s important to understand when, and if, your business will be required to operate on September 22, 2022 according to your region’s rules and regulations. New South Wales.